News

Netflix reports Q3 revenue up 15% YoY to $9.83B, vs. $9.76B est., paid memberships up 14% to 282.72M, vs. 282.15M est., and net income of $2.4B (Sarah Whitten/CNBC)

Mediagazer · last updated

Mediagazer: Netflix reports Q3 revenue up 15% YoY to $9.83B, vs. $9.76B est., paid memberships up 14% to 282.72M, vs. 282.15M est., and net income of $2.4B (Sarah Whitten/CNBC)

Top News:

CNBC:

Netflix reports Q3 revenue up 15% YoY to $9.83B, vs. $9.76B est., paid memberships up 14% to 282.72M, vs. 282.15M est., and net income of $2.4B— LOS ANGELES — Netflix posted third-quarter earnings that beat on the top and bottom line Thursday after the bell.
Discussion:

Matthew Keys /
The Desk: Netflix adds 5 million global subscribers during Q3

Nicole Sperling /
New York Times: Netflix Adds 5 Million Subscriptions in Quarter Netflix: Fellow shareholders — In Q3, revenue grew 15% year over year and operating margin was 30% vs. 22% last year.

Alex Bitter /
Business Insider: Netflix beat expectations yet again

Jessica Toonkel /
Wall Street Journal: Netflix Subscriber Growth Slows Amid Revenue Gains

Alexandra Canal /
Yahoo Lifestyle: Netflix earnings, subscriber growth top estimates as investors eye potential price hikes

Erik Gruenwedel /
Media Play News: Netflix Adds 5.1 Million Q3 Global Subs, Ups Revenue 15% to $9.8 Billion

Lucas Shaw /
@lucas_shaw: New: Netflix added about 5 million customers last quarter and beat Wall Street forecasts on pretty much every metric.

The Desk:

The FCC proposed a $147K fine against Disney's ESPN after the network used Emergency Alert System tones in promotional spots in 2023; ESPN can appeal— The Federal Communications Commission (FCC) has proposed a $147,000 fine against the Walt Disney Company's ESPN after the sports network …

Discussion:
Awful Announcing, Variety, TVNewsCheck, Reuters, FCC, Engadget, Radio & Television …, @fcc and Cord Cutters News

Discussion:

Todd Spangler /
Variety: ESPN Faces FCC Fine for ‘Willful’ Violations of Emergency Alert System Rules, Agency Says

Todd Spangler /
TVNewsCheck: ESPN Faces FCC Fine For ‘Willful’ Violations Of Emergency Alert System Rules, Agency Says

Danny Gallagher /
Engadget: ESPN faces $146K fine for using emergency alert tones in NBA ads

Adam Jacobson /
Radio & Television Business Report: ESPN Handed Proposed FCC Fine For Emergency Alert Tone Violation @fcc: Penalty! ESPN faces a proposed FCC fine for using an emergency alert tone in a promo ad. Using this tone is out of bounds - it's a public safety hazard to confuse or desensitize viewers to actual emergency alerts. As the refs for these important systems, we made the call.

The Desk:

Source: Sputnik no longer broadcasts around Washington, DC, or Kansas City, MO, after the State Department imposed new sanctions on Russian-backed broadcasters— Radio stations in two markets will be dropping their affiliation with Russia-backed programming distributor Sputnik by the end of the week, The Desk has learned.

Discussion:
Radio & Television …, Inside Radio and Voice of America

Bloomberg:

Industry forums indicate payouts from Adobe to contributors to Adobe Stock, used to train AI, range widely from two to four figures for major video contributors— Adobe thinks it has found a cure for AI job anxiety: cash. But first... • ASML is being questioned by Dutch authorities …

Discussion:
Brody Ford on LinkedIn

Axios:

Memo: Google will block US election ads after the polls close on November 5 to prevent misinfo about voting, including candidates prematurely claiming victory— - Google is implementing the policy “out of an abundance of caution and to limit the potential for confusion …

Discussion:
The Hill, @sarafischer, National Zero and AdExchanger, more at Techmeme »

Discussion:

Ashleigh Fields /
The Hill: Google to block election ads after polls close on Election Day

Sara Fischer /
@sarafischer: Scoop: @Google will block election ads after polls close on Nov 5 — Trying to curb misinformation about voting, including candidates prematurely claiming victory More on @axios https://www.axios.com/...

Reason:

The US Supreme Court revives the case of citizen journalist Priscilla Villarreal, who is suing Texas officials for her arrest over asking questions of police— Priscilla Villarreal's case is about whether certain reporters have more robust free speech rights than others.

Discussion:
CNN, @billybinion, Associated Press, Fox News, RedState, NPR, Reuters and r/Journalism

Discussion:

John Fritze /
CNN: Supreme Court revives case of citizen journalist arrested for seeking information

Billy Binion /
@billybinion: SCOTUS answered. It overturned the 5th Circuit's ruling & told them to try again. In the decision, the Court cited a recent precedent centered on *another* TX lady allegedly arrested for speech. (And another 5th Circuit ruling they had to overturn.) /9 https://reason.com/...

Billy Binion /
@billybinion: So Villarreal will go back to court. Why is this case so important? Because everyone should have “the same First Amendment rights as a New York Times journalist,” says @glukianoff. Hopefully the 5th Circuit has learned that now, too. /end [video]

Billy Binion /
@billybinion: So Villarreal exercised her last appeal—to the Supreme Court. She got support from all over: the progressive @MyConstitution, the libertarian @CatoInstitute, the conservative @ADFLegal & the right-wing @JamesOKeefeIII. Some things aren't partisan: /8 [video]

Billy Binion /
@billybinion: Meet reporter Priscilla Villarreal. Police jailed her—after she exposed their misconduct. They all got immunity. SCOTUS just threw her a lifeline. I went to Laredo, TX to learn more about her story—which matters if you care about free speech. A thread. [video]

Billy Binion /
@billybinion: Villarreal is not your typical journalist, as you can see in the video. Her page, Lagordiloca, translates to “the fat, crazy lady.” Her commentary is colorful & profane. But the First Amendment still applies to people whose speech you don't like. /7 [video]

Billy Binion /
@billybinion: The 5th Circuit ruled against her, writing that it wasn't obviously unconstitutional for police to arrest someone for her reporting. Villarreal isn't a “legitimate” journalist, said the majority. That's not how the First Amendment works. /6 [video] Associated Press: An online journalist tried to sue over her 2017 arrest. The Supreme Court just ordered another look at her case Fox News: Supreme Court to allow Biden admin power plant climate standards to remain in place - for now

Jeff Charles /
RedState: SCOTUS Ruling in Favor of Citizen Journalist Arrested for Querying Police Hinges on Gov't Accountability

Ilana Dutton /
NPR: Supreme Court refuses to interfere in EPA litigation, for now

Press Gazette:

The UK's Sun begins rolling out a registration wall asking users to create an account and seems to be applying it mainly to content by its best-known writers— The Sun has begun rolling out a registration wall asking users to sign up for free to read certain stories.

Discussion:
One Man & His Blog

Discussion:

Adam Tinworth /
One Man & His Blog: Spinning the digital news cycle

New York Times:

ByteDance's publishing imprint 8th Note Press is expanding into print and plans to release 10-15 books per year, after launching as an ebook publisher in 2023— ByteDance, the Chinese tech giant that owns TikTok, will focus its publisher, 8th Note Press, on popular genres such as romance, romantasy and young adult fiction.

Discussion:
Allison Moore on LinkedIn and Tubefilter

Discussion:

Allison Moore /
Allison Moore on LinkedIn: Big day for 8th Note Press, finally announcing our print publishing partnership with Zando Projects. I'm so excited to get into bookstores starting next February. …

The Guardian:

An independent report finds Australia's Nine has systemic issues with abuse of power, discrimination, and sexual harassment; Nine pledges to make changes— Nine board commits to implementing all recommendations for a ‘reset of culture’ — Get our breaking news email, free app or daily news podcast

Discussion:

Dr Suzanne Henwood /
Dr Suzanne Henwood on LinkedIn: This is the sad reality: — People know its happening — People will protect the bullies — Targets are doubly and triple time traumatised …

Stefanie Costi /
Stefanie Costi on LinkedIn: Workplace bullying and harassment will persist as long as we turn a blind eye, sweep it under the rug and cling to the toxic “nothing to see here” mentality. …

Samantha Maiden /
news.com.au: ‘Sold a pup’: Nine stars lash bombshell report for refusing to name names

Victoria Buchan /
Nine for Brands: Nine Entertainment releases culture review findings

Tim Rose /
9News: ‘We are deeply sorry’: Report into Nine's workplace culture makes 22 recommendations

Matt Dennien /
@mattdennien: Nine's external cultural review is in. In past 5y, ~1/2 of almost 1000 staff responding to the related survey experienced or witnessed abuse of power or authority, & experienced bullying, discrimination & harassment, with 1/4 experiencing sexual harassment https://www.brisbanetimes.com.au/ ... [image]

Nassim Khadem /
ABC: Nine's culture of bullying and sexual harassment revealed after review finds company ‘lacks accountability’

Sam Buckingham-Jones /
Australian Financial Review: Review finds Nine has systemic abuse, bullying and harassment issues Sydney Morning Herald: ‘Punishment Island’: Nine's culture of shaming, ghosting and belittling revealed

Bloomberg:

Publicis says it paid about $500M each for influencer marketing agency Influential in July 2024 and commerce marketing company Mars United Commerce in September— French advertising giant Publicis Groupe SA raised its annual organic revenue growth guidance for 2024, even as it warned …

Discussion:

Beau Jackson /
PRWeek: Arthur Sadoun on another forecast upgrade and more

Cameron Clarke /
The Drum: Arthur Sadoun on media masterplan and the role of creativity to Publicis today

Brian Bonilla /
Ad Age: Arthur Sadoun defends Publicis' media transparency after WPP CEO Mark Read's industry comments

Alison Weissbrot /
Adweek: ‘We Are Still Winning’: Publicis Ups Guidance Thanks to Major Media Account Gains

Steve McClellan /
MediaPost: Publicis Groupe Upgrades 2024 Growth Outlook After Strong Q3 Results

Wall Street Journal:

Prabhakar Raghavan will leave his role overseeing Google search and ads products, to be replaced by Nick Fox; Raghavan will become Chief Technologist— Prabhakar Raghavan, the most senior Google executive overseeing its search engine and ads products, is leaving the role after a four-year tenure leading …

Discussion:
TechCrunch, The Keyword, Barron's Online, Bloomberg, The Information, CNBC, The Verge and 9to5Google, more at Techmeme »

Discussion:

Sundar Pichai /
The Keyword: The AI opportunity: Updates to our Gemini and Knowledge & Information teams

Anita Hamilton /
Barron's Online: Google Names New Head of Search as Competition Grows

Amir Efrati /
The Information: Google Replaces Search and Ads Chief, Moves Gemini Chatbot to AI Group

Jennifer Elias /
CNBC: Google replaces its search and ads boss

Abner Li /
9to5Google: Google announces big reorg: Gemini app team moves to DeepMind, Assistant now part of Pixel/Android

Axios:

Prime Video announces a one-night special on US election results starting at 5pm Nov. 5, hosted by Brian Williams, in Amazon's first news video investment— - To-date, Amazon and most of its Big Tech peers have avoided producing their own real-time news coverage, which is both expensive …

Discussion:
Variety, The Hill, New York Times, The Desk, About Amazon, TVNewsCheck, The Wrap, Wall Street Journal, Cord Cutters News, CNBC, Deadline, The Hollywood Reporter, Engadget and Associated Press

Discussion:

Brian Steinberg /
Variety: Brian Williams, Amazon Prime Video Confirm Election-Night News Special

Dominick Mastrangelo /
The Hill: Brian Williams to host election night special on Amazon

Nicole Sperling /
New York Times: Amazon Enters News With Live Election Coverage From Brian Williams

Lucas Manfredi /
TVNewsCheck: Brian Williams To Host Election Night Special On Prime Video

Lucas Manfredi /
The Wrap: Brian Williams to Host Election Night Special on Prime Video

Gareth Vipers /
Wall Street Journal: Brian Williams to Host Live Election-Night Special on Amazon Prime Video

Luke Bouma /
Cord Cutters News: Amazon Launches Live News Programming With Election Night Coverage Hosted By Brian Williams

Annie Palmer /
CNBC: Amazon makes first foray into live news with election night special hosted by Brian Williams

Ted Johnson /
Deadline: Amazon Announces Plans For Brian Williams' Election Night Special On Prime Video

Alex Weprin /
The Hollywood Reporter: Amazon Reveals Brian Williams Election Night Special in Big News Experiment

Lawrence Bonk /
Engadget: Amazon will stream an election night special with Brian Williams

Meta:

Meta announces first results from its work with Blumhouse Productions on a pilot program seeking creative industry feedback on Meta's AI video model Movie Gen— We recently introduced Meta Movie Gen—a suite of AI models that show how you can use simple text inputs to produce custom videos and sounds …

Discussion:

Kristin Robinson /
Billboard: Did That Song Go Viral on TikTok Organically — Or Was It Paid For?

Brian Welk /
IndieWire: Blumhouse Convinced Casey Affleck and Other Filmmakers to Use Meta's New AI Tool

Sean Burch /
The Wrap: Blumhouse Partners With Meta to Make Short Films Using Facebook's New AI Tools

Todd Spangler /
Variety: Meta Teams With Blumhouse and Filmmakers Like Casey Affleck to Test Movie Gen AI Tool

Katie Paul /
Reuters: Meta partners with Hollywood's Blumhouse to test out its AI movie generation model

Deadline:

In an email to staff, the BBC says it has abandoned the recruitment process for its first ever royal editor, a position announced in December 2023— Deadline revealed in August that the search had been thrown into doubt after Roya Nikkhah, The Sunday Times royal editor and CBS News contributor …

Related Knowledge Center: ENERGY BASICS: petroleum

State of Play

While electric-powered vehicles may be the ride of the future, oil remains at least for now the dominant fuel for transportation around the world. And after a period of time at the end of the 20th century when oil was subject to wide fluctuations in price, new supplies in North America as a result of non-conventional recovery techniques have helped stabilize prices.

More informationabout ENERGY BASICS: petroleum