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Mediagazer: Snap reports Q3 revenue up 15% YoY to $1.37B vs. $1.36B est., DAUs up 9% YoY to 443M, issues light Q4 guidance, and announces $500M stock repurchase program (Jonathan Vanian/CNBC)

Top News:

Washington Post:

Jeff Bezos says presidential endorsements “create a perception of bias” and WaPo ending them is a “principled decision”, but wishes the change was made earlier— The credibility gap can be bridged by independence. — Jeff Bezos is the owner of The Washington Post.
Discussion: The Verge, Press Watch, The Guardian, Semafor, Media Nation, Techdirt, Free Press, New York Post, @r.gilmore@threads.net, RedState, MediaPost, UnHerd, The Nation, Fortune, Washington Examiner, CBC News, Public, Slate, The Hill, The Atlantic, Daily Mail, CBS News, The Information, Althouse, Decider, HotAir, Futurism, Fox News, TVNewsCheck, The Dispatch, Blaze Media, Patterico's Pontifications, Talking Points Memo, Axios, The American Spectator, Scripting News, @laurengoode@threads.net, The Daily Caller, Steve Bass on LinkedIn, BizPac Review, Poynter, @corbinbolies, Mock Paper Scissors, Le·gal In·sur·rec·tion, emptywheel, Cele|bitchy, KDFX-TV, @benjamintoff, @hannahgais, @etzioni, @cherylejackson, @peterbakernyt, UPI, The American Conservative, The Gateway Pundit, @vwpickard, @jimlaporta, @carolleonnig, @emily_hoeven, @jhweissmann, @_sandywest, @matthewstoller, @brianstelter, @jragazzo, @a_mendelson, @randolphduke7, @matthewboedy, @neilweinberg44, @stevemullis, @bradbaumn, @joshrudes, @jason_kint, @matthewstoller, @ktmboyle, @sriramk, @aodespair, @garymarcus, @mattgertz, @papapishu, @ericnewcomer, @bcmerchant, @adrianweckler, @ike_saul, @ruthbenghiat, @clarajeffery, @jyarow, @jamesrbuk, @dick_nixon, @tysonbrody, @jamesrbuk, NBC News, @conorsen, @sarafischer, @corbinbolies, @farhip, @benmullin, @dylanbyers, Washington Times, Status, Forbes, Newser, CNN, CNBC, The Daily Beast, The Wrap, Raw Story, @dangillmor@mastodon.social, Daily Press, Matt Pearce, Benzinga, The Independent, DNyuz, Daily Caller News Foundation, New York Times, Business Insider, Instapundit, Rolling Stone, Mediaite, Twitchy, Crooked Timber, Ken Klippenstein, Lawyers, Guns & Money, Daring Fireball, GeekWire, The Guardian, @jbillinson@threads.net, The Hollywood Reporter, Bloomberg, @ernie@writing.exchange, @tim@phire.place, Variety, Deadline, @michaelbishop.me, Business Insider, Michael Learmonth on LinkedIn, @dangoodin@infosec.exchange and Politico

Discussion:

Edward Helmore /
The Guardian: Washington Post cancellations hit 250,000 - 10% of subscribers

Dan Kennedy /
Media Nation: What j-students think about newsroom diversity; plus, Bezos whines, and a new editor at the Monitor

Mike Masnick /
Techdirt: Dear Jeff Bezos: The ‘Hard Truth’ Is That Cowardice Like Yours Is Why People Don't Trust The Media

Amy Kroin /
Free Press: Our Endorsement: Save Journalism from the Billionaires Amy Kroin Tue, 10/29/2024 - 09:40 …

Nikolas Lanum /
New York Post: Kamala Harris blames Trump, rips billionaires' ‘club’ for Washington Post's non-endorsement

Rachel Gilmore /
@r.gilmore@threads.net: BREAKING: average journalist salary increases from $39,000 per year to $2.3 million per year after industry realizes Jeff Bezos is a member of “Our Profession,” despite no one getting a raise in 12 years

Jeff Charles /
RedState: What If Media Outlets Were Honest About Their Bias?

Jason Del Rey /
Fortune: Former Jeff Bezos advisor believes Trump-Elon alliance behind ‘cowardly’ Washington Post endorsement ban

Jenny Goldsberry /
Washington Examiner: Bob Woodward blasts Washington Post for ending presidential endorsements

Sheena Goodyear /
CBC News: Former Washington Post editor accuses Jeff Bezos of ‘yielding to Trump’ by blocking Harris endorsement

Laura Miller /
Slate: There's a Better Way to Express Your Anger at the Washington Post. Too Bad Most People Won't Do It.

Franklin Foer /
The Atlantic: How the Trump Resistance Gave Up

Lauren Acton-Taylor /
Daily Mail: Rage-filled creator of The Wire reveals why he canceled his Washington Post subscription CBS News: Jeff Bezos defends Washington Post's decision to not endorse, saying Americans mistrust the media

Ann Althouse /
Althouse: Let's read WaPo's “note from our owner”: “The hard truth: Americans don't trust the news media.”

Greta Bjornson /
Decider: ‘The View’ Blasts Jeff Bezos For Blocking The Washington Post's Kamala Harris Endorsement: “Completely Crass”

Noor Al-Sibai /
Futurism: Jeff Bezos Cosplays as Humble Newspaperman Fox News: Former WaPo chief editor shreds Bezos for making ‘serious mistake’ with endorsement decision: ‘A betrayal’

Emily Barr /
TVNewsCheck: Now Is The Time For Local TV To Get It Right

Candace Hathaway /
Blaze Media: Jeff Bezos addresses Washington Post decision to end political endorsements amid media trust crisis

Sara Fischer /
Axios: Chaos erupts as newspapers axe endorsements

Dave Winer /
Scripting News: Bezos blinked — My op-ed for the Washington Post, if there was such a thing..

Lauren Goode /
@laurengoode@threads.net: If the Bezos editorial has done one thing, it's...driven 17k people to comment. “Mr. Bezos - As an American let me be perfectly clear: I trust the media far more than I trust billionaires whose concern about maintaining and increasing their own power and wealth far exceeds their concern for our democracy …

Gage Klipper /
The Daily Caller: Jeff Bezos Slams Washington Post, Offering Glimmer Of Hope For Media

Steve Bass /
Steve Bass on LinkedIn: Jeff Bezos has a column today in his Washington Post defending his decision not to offer an endorsement. …

Tom Tillison /
BizPac Review: ‘Based’: Bezos delivers ‘hard truth’ about WaPo's lack of ‘credibility,’ refusal to back Kamala

Tom Jones /
Poynter: ‘Racist, sexist, crude’: Media outlets use strong language to describe Trump rally

Corbin Bolies /
@corbinbolies: Missed this: @TB_Times, one of Florida's largest newspapers, opted not to endorse a presidential candidate...because it just didn't want to. “No one told us we couldn't. No one killed our presidential recommendation after it was written. The fact is, we never wrote one and never

Mary Chastain /
Le·gal In·sur·rec·tion: Washington Post Owner Jeff Bezos: Endorsements ‘Create a Perception of Bias’

Kaiser /
Cele|bitchy: Jeff Bezos tries & fails to explain why he killed WaPo's presidential endorsement

Benjamin Toff /
@benjamintoff: As someone who has spent a lot of time studying the erosion of the public's trust in news, I'd like to suggest to the @WashPost's billionaire owner that he rethink his strategy of dressing up his editorial interference as a (sudden) matter of principle. https://www.washingtonpost.com/ ...

Hannah Gais /
@hannahgais: Translation: I could've breached editorial independence those other times, but I only did it this once. But it's okay, because it was so principled. https://www.washingtonpost.com/ ... [image]

Oren Etzioni /
@etzioni: Much as I don't like the decision, this *is* worth reading in full. I don't get why the endorsement can't be viewed as part of the opinion section, which is separate from news. https://www.washingtonpost.com/ ...

Cheryle Jackson /
@cherylejackson: If the Post's decision to not endorse for prez was impartial, why make that change a week before the election & after the endorsement was written. Of all the decades of years to not endorse - on the eve of the 1st Black woman nominee becoming Prez is foul. https://www.washingtonpost.com/ ...

Peter Baker /
@peterbakernyt: Thinking of Don Graham and Kay Graham. So proud to have worked for them. Like the Sulzbergers, they exemplified the best in newspaper publishers. They understood what journalism is all about and supported it even at the sacrifice of their own interests. https://www.washingtonpost.com/ ...

Darryl Coote /
UPI: Jeff Bezos defends decision for Washington Post to end presidential endorsements

Joseph Addington /
The American Conservative: Bezos Declares New Era at Washington Post

Jim Hᴏft /
The Gateway Pundit: Leftist Jeff Bezos Defends Decision Against Endorsing Kamala — Slams Fake News and Demands Higher Media Standards

Victor Pickard /
@vwpickard: Small silver lining to WaPo episode: It shatters whatever illusion we might have that we could trust billionaires to rescue journalism. Such abuse of power underscores the dangerous political economy of media oligarchy, recenters class politics & highlights need for alternatives.

Jim LaPorta /
@jimlaporta: Setting aside the issue of WaPo editorial, it's hard to square this graf: “I wish we had made the change earlier than we did, in a moment further from the election and the emotions around it.” Reminder: Mr. Bezos has owned the @washingtonpost for 11 years https://www.washingtonpost.com/ ...

Carol Leonnig /
@carolleonnig: NEW @JeffBezos writes that his decision to end @washingtonpost prez endorsements was based solely on principle — and no quid pro quo or financial stake . https://www.washingtonpost.com/ ... [image]

Emily Hoeven /
@emily_hoeven: did Jeff Bezos just refer to journalists as “we” and journalism as “our profession”? in other words, did he call himself a journalist? 😵 💫🥴 https://www.washingtonpost.com/ ...

Jordan Weissmann /
@jhweissmann: This is the sort of explanation that might have been compelling in January of 2024, but not Oct. https://www.washingtonpost.com/ ...

Sandy West /
@_sandywest: Had he written this months ago, it might have mattered. This entire situation has been so incredibly mishandled - and his staff, especially the journalists, are paying the price. https://www.washingtonpost.com/ ...

Matt Stoller /
@matthewstoller: The comments on Jeff Bezos's oped are BRUTAL. “So you clearly reasoned this decision out carefully, which means Will Lewis, your Publisher and CEO, was lying when he said it wasn't your decision and he made the decision himself without your input.” https://www.washingtonpost.com/ ... [image]

Brian Stelter /
@brianstelter: In an op-ed for his @washingtonpost, Jeff Bezos says “declining to endorse presidential candidates is not enough to move us very far up the trust scale, but it's a meaningful step in the right direction.”

Joe Ragazzo /
@jragazzo: This op-ed from Bezos just digs the hole deeper. 1. The fact it was published at all proves Bezos had no clue how this decision would be received. 2. Has this weird tone where he is telling the public (his own readers) a hard truth about....themselves? https://www.washingtonpost.com/ ...

Aaron Mendelson /
@a_mendelson: Bezos making a blanket, totally unsupported claim here — something any good reporter, editor or editorial board member would know to avoid https://www.washingtonpost.com/ ... [image]

Randolph Duke /
@randolphduke7: Agree with Bezos. WaPo getting out of the endorsement game is important for journalistic integrity and trust. They did this late probably due a ton of internal disagreement on this. Eugene Meyer, father of later owner Kay Graham, agreed with this stance https://www.washingtonpost.com/ ...

Matthew Boedy /
@matthewboedy: Bezos speaks. There is a HUGE difference between no endorsement and saying Trump is unfit for office. The Post can say the latter and be believed, as Bezos wants. And his reasoning undermines any opinion from the Post. https://www.washingtonpost.com/ ...

Neil Weinberg /
@neilweinberg44: Ah yes, the principled stance of ending presidential endorsements (not other endorsements) in the third election after you purchase a newspaper. https://www.washingtonpost.com/ ...

Steve Mullis /
@stevemullis: In Bezos's op-ed, I take immediate issue with him referring to “our” profession. Sir, you are not in the same profession. https://www.washingtonpost.com/ ... [image]

Brad Bauman /
@bradbaumn: I read @JeffBezos so you don't have to: “I'm a complicated billionaire so you can trust me when I tell you that not taking a principled stand in this election was actually a principled stand” https://www.washingtonpost.com/ ...

Josh Rudolph /
@joshrudes: No, @JeffBezos, the way to build trust in the news media is not for a billionaire owner to interfere in editorial decisions to curry favor with a would-be autocrat hours before he meets your aerospace company that seeks multi-billion-dollar govt. contracts.https://www.washingtonpost.co m/ ...

Jason Kint /
@jason_kint: I also appreciate Bezos owning it (and answering on Blue Origin). And yes, WashPost is one of our 50+ members that equally pay us to research, think, advocate about trust in the future of media. It's not a ton of money but I'm certainly an interested and conflicted party. 2/5

Jason Kint /
@jason_kint: Hey fwiw, I thought this was a solid answer from Bezos. I've been silent but my main issue was the timing of WaPo's announcement. It was the only real screw-up in my mind and a major one for sure. But that said.... 1/5 [image]

Matt Stoller /
@matthewstoller: Most of the country probably agrees with Jeff Bezos that newspapers shouldn't endorse. Most of the country probably doesn't agree with Bezos that newspapers shouldn't endorse so Jeff Bezos can get government contracts.

Katherine Boyle /
@ktmboyle: Kudos to @JeffBezos for telling the newsroom the hard, bitter truth: there's nothing wrong with the readers. [image]

Sriram Krishnan /
@sriramk: The Bezos op ed is fantastic writing and true “founder mode” ( sorry!) A lesser owner would have written a mealy mouthed piece on reevaluating internal policies. Bezos cuts to the chase - “the verification/belief of a process is as important as the process itself” - “people

David Simon /
@aodespair: Just read the insights of Jeff Bezos in his opinion piece in The Post. I wasn't going to join 200,000 others and cancel my subscription because doing so won't hurt Bezos — he paid more for his yachts than his newspaper — and, yes, the Post newsroom where good people, and some

Gary Marcus /
@garymarcus: Ha ha ha ha - Jeff Bezos think that by blocking his editorial board from publishing their chosen endorsement he is going to INCREASE the trust in the Post. Instead of making it seem like the capricious plaything of a billionaire. Hilarious! 😂 “By itself, declining to endorse

Matthew Gertz /
@mattgertz: An important result of the public having little trust in the news media is when an owner make drastic, unexpected changes to the outlet, the people who previously trusted the outlet have a reason to doubt. @papapishu: I need to know which Podcast Jeff Bezos listened to that made him blow up The Washington Post. [image]

Eric Newcomer /
@ericnewcomer: This is a good piece at the wrong time from @JeffBezos re @washingtonpost editorials. It's way too close to a high-stakes, democracy-at-risk election to say you're not going to endorse for the first time in a long time, over the strenuous objections of your staff. but there

Brian Merchant /
@bcmerchant: Does Jeff Bezos honestly think people will buy the line that he killed his editorial board's endorsement of Harris because he suddenly became gravely concerned about newspapers' credibility and decided that not publishing an op-ed will right the ship lol [image]

Brian Merchant /
@bcmerchant: Another good part is where Jeff Bezos, the 2nd richest man in the world, bemoans ppl turning to podcasts and less credible media instead of the Post, which last I saw cost >$100 a year for full access—buddy, if you wanted folks to read more news, you could take down that paywall [image]

Adrian Weckler /
@adrianweckler: Feisty op-ed that's worth reading, whatever political side you come down on. There's more than a grain of truth in what he says about a trust crisis in media. (Although some of the language he uses in the column is borderline insulting to his own WP staff.) [image]

Isaac Saul /
@ike_saul: Bezos responds to controversy over WaPo refusing to endorse. I still think there is a lot of personal interest at stake here, but it's undeniable this is a compelling argument. [image]

Ruth Ben-Ghiat /
@ruthbenghiat: I see: the “trust” he wants is that of the authoritarian right. Bezos naively thinks staying “neutral” will make him “whole” with MAGA. He is not understanding how authoritarians operate.

Clara Jeffery /
@clarajeffery: Jeff Bezos spews a bunch of double talk to cover for his terrible decision. “It was made internally” is a classic non-denial denial. A phrase that Washington Post reporters (or at least the actor playing them) made famous re Watergate: https://www.washingtonpost.com/ ... [image]

Jay Yarow /
@jyarow: A bit late to win back those 200,000 subs, but directionally a pretty good essay. https://www.washingtonpost.com/ ...

James Ball /
@jamesrbuk: Had the Post said from the get-go that the decision was from Bezos, and included an op-ed like this from him then, there would surely have still been a backlash - but I'd bet it wouldn't have cost them 200,000 subscribers. And they're harder to win back than to keep.

James Ball /
@jamesrbuk: The piece would have been *much* better if it had acknowledged mistakes in the process more clearly and more sincerely. As an example, the Post's early statements did not say the decision came from Bezos: that was obviously a mistake for everyone.

Richard M. Nixon /
@dick_nixon: I agree with him on the first two points and even the third in a legal sense. But they've lost 8% of subscribers and counting. When you're explaining you're losing.

James Ball /
@jamesrbuk: The “our” and “we” in this opening paragraph lands very strangely. Owning a newspaper doesn't make Jeff Bezos a journalist. It's not his profession. [image]

Daniel Arkin /
NBC News: Jeff Bezos defends Washington Post's decision to stop presidential endorsements days before election

Sara Fischer /
@sarafischer: NEW: Bezos in @washingtonpost defending his call to kill endorsements —"Presidential endorsements do nothing to tip the scales of an election" —"What presidential endorsements actually do is create a perception of bias" —"no quid pro quo of any kind is at work here"

Corbin Bolies /
@corbinbolies: “When it comes to the appearance of conflict, I am not an ideal owner of The Post,” Jeff Bezos writes in WaPo. “I once wrote that The Post is a “complexifier” for me. It is, but it turns out I'm also a complexifier for The Post.” https://www.washingtonpost.com/ ...

Paul Farhi /
@farhip: From the column: “...declining to endorse presidential candidates is not enough to move us very far up the trust scale, but it's a meaningful step in the right direction. I wish we had made the change earlier than we did...That was inadequate planning, and not some strategy.”

Ben Mullin /
@benmullin: Bezos: “I wish we had made the change earlier than we did, in a moment further from the election and the emotions around it. That was inadequate planning, and not some intentional strategy.”

Dylan Byers /
@dylanbyers: BEZOS: “The Washington Post and the New York Times win prizes, but increasingly we talk only to a certain elite. More and more, we talk to ourselves.”

Tom Howell Jr /
Washington Times: Washington Post owner Jeff Bezos defends decision not to endorse as newspaper loses subscribers

Siladitya Ray /
Forbes: Jeff Bezos Defends Killing Washington Post's Harris Endorsement—Creates ‘Perception Of Bias’

Evann Gastaldo /
Newser: Bezos Pens 909-Word Defense of WaPo Decision

Jon Passantino /
CNN: Jeff Bezos defends Washington Post non-endorsement after subscribers flee and staffers resign

Dan Mangan /
CNBC: Washington Post owner Jeff Bezos says in op-ed: 'Americans don't trust the news media'

Corbin Bolies /
The Daily Beast: Desperate Jeff Bezos Defends Censoring WaPo Endorsement The Wrap: Washington Post's TikTok Team Head Roasts Jeff Bezos - on TikTok - Over Axed Kamala Harris Endorsement | Video

Daniel Hampton /
Raw Story: ‘Wish we had made the change earlier’: Bezos doubles down on nixing endorsements

Dan Gillmor /
@dangillmor@mastodon.social: Jeff Bezos can't hide his betrayal of trust behind pious words like these. However much he says that is true here — and much of it is — he's avoiding the real issues. — Not least is a total lack of transparency about what was promised in the conversation his space company henchmen had with Trump on the very day Bezos ordered his editorial page editor to kill the Harris endorsement. … Daily Press: Owner Jeff Bezos defends Washington Post's decision not to endorse as the right, ‘principled’ one

Ananya Gairola /
Benzinga: Jeff Bezos Says This Is Mainstream Media's Biggest Problem After Washington Post Ends Endorsement For Presidential Candidates — How He Plans To Fix It

Josh Marcus /
The Independent: Bezos insists no quid pro quo in decision to pull Washington Post's Harris endorsement as staff and subscribers quit

Mariane Angela /
Daily Caller News Foundation: 'Americans Don't Trust The News Media': Bezos Speaks Out After WaPo Chose Not To Endorse Harris

Kelsey Vlamis /
Business Insider: Jeff Bezos speaks on WaPo drama: We have to ‘increase our credibility’

Stephen Green /
Instapundit: A HUNDRED THOUSAND HERE AND A HUNDRED THOUSAND THERE AND PRETTY SOON YOU'RE TALKING REAL LOSSES …

Charisma Madarang /
Rolling Stone: Jeff Bezos Insists That ‘No Quid Pro Quo’ Behind Blocking Harris Endorsement

Michael Luciano /
Mediaite: Jeff Bezos Writes Rare Op-Ed Defending Washington Post Non-Endorsement Amid Subscriber Exodus

Doug P. /
Twitchy: WaPo Owner's 'People Don't Trust the Media' Reality Check Is GUARANTEED to Trigger Lib Journo-Land

Eszter Hargittai /
Crooked Timber: Washington Post cancellations

Kurt Schlosser /
GeekWire: Jeff Bezos says ‘no quid pro quo of any kind’ in decision to end Washington Post endorsements

Josh Billinson /
@jbillinson@threads.net: I think this could have been a pretty convincing argument for why his newspaper shouldn't endorse a presidential candidate if it had been published a few months ago

Zoe G. Phillips /
The Hollywood Reporter: Jeff Bezos Says “Presidential Endorsements Do Nothing” Amid Washington Post Subscriber Exodus

Ernie Smith /
@ernie@writing.exchange: No matter what he wrote, the fact that this exists at all shows that Bezos appears to have realized to some tiny degree he screwed up here. — https://www.washingtonpost.com/ ...

Tim Carmody /
@tim@phire.place: The funny thing about this essay (well, one of them) is that the principle that made Bezos rich with Amazon was an unrelenting focus on the customer. Not independence or the appearance of independence: the customer, at all costs. He just lost 200,000+ customers, and doesn't seem to get why. …

Todd Spangler /
Variety: Amid Backlash, Jeff Bezos Defends Ending Washington Post Presidential Endorsements: They ‘Create a Perception of Bias’

Ted Johnson /
Deadline: Jeff Bezos Defends Washington Post Decision To Not Endorse In 2024 Presidential Race, Says “No Quid Pro Quo Of Any Kind Is At Work Here” @michaelbishop.me: So principled that he didn't tell the editorial board about it until they'd already written one. [embedded post]

Michael Learmonth /
Michael Learmonth on LinkedIn: Two things about this: 200,000 is a huge number. If you were trying to get someone's attention at the Post, well done. …

Dan Goodin /
@dangoodin@infosec.exchange: I'm guessing that Jeff Bozos won't care that he's killing a significant source of revenue, because making money was never the point of him owning the WaPo. — https://www.npr.org/...

RELATED:

Semafor:

WaPo subscribers canceling shows how much its anti-Trump stance was marketing, as many seemed to be there for the mission, not necessarily the content— THE SCOOP — The wave of canceled subscriptions to the Washington Post marks the end of an era in which news organizations marketed themselves …

Discussion:
@davidfolkenflik, Fox News, Press Gazette, @edzitron, Nick Budden on LinkedIn, @petesouza@threads.net, Deadline, @pkafka, Quartz, @semaforben, @bonchieredstate, @matthewstoller, @daveweigel.bsky.social, @baseballcrank, @benthomasnz, @markmaxwelltv, @ethangach, @davidfolkenflik, The Gateway Pundit, Financial Times and The Hill

Discussion:

David Folkenflik /
@davidfolkenflik: UPDATE: The number of cancellations since Friday's revelation now exceeds 250,000, NPR can report. That represents approximately 10 percent of all paid circulation.

Fox News:
WaPo staffer unsure paper can recover as Bezos-owned outlet sheds 250,000 subscribers over endorsement fiasco

Bron Maher /
Press Gazette: Washington Post's non-endorsement could cost title $20m+ in lost online subs

Ed Zitron /
@edzitron: what sucks about this is it doesn't hurt Bezos at all. he could afford to float this paper forever even if it had a single subscriber called “Steve.” This will, however, allow Bezos to justify layoffs. Absolute shameful scumbag, the lowest

Nick Budden /
Nick Budden on LinkedIn: Washington Post has lost 200,000 subscribers *already*. — That's 8% of its paid circulation. — And it's still ticking down. …

Pete Souza /
@petesouza@threads.net: Democracy is dying, and he can't realize it's because of gutless people like him. https://www.washingtonpost.com/ ...

Ted Johnson /
Deadline: “Disappointing”: Kamala Harris Comments On Washington Post And Los Angeles Times Decisions To Not Endorse

Peter Kafka /
@pkafka: Smart analysis.

William Gavin /
Quartz: Jeff Bezos says he didn't know Blue Origin met with Trump as he tries to calm Washington Post storm

Ben Smith /
@semaforben: The Washington Post sold Democracy. Now it needs a new line of business. https://www.semafor.com/... @bonchieredstate: Ah yes, because democracy is predicated on newspapers making partisan endorsements to influence elections.

Matt Stoller /
@matthewstoller: Defense contracts?

Dave Weigel /
@daveweigel.bsky.social: Just copying the brilliant @margarita.bsky.social's take here, but Will Lewis is the linchpin of this story - spectacular failure, mismanaged every part of this, somehow literally decimated the paper's subscriber base IN AN ELECTION YEAR. [embedded post]

Dan McLaughlin /
@baseballcrank: Maybe it should try news.

Ben Thomas /
@benthomasnz: Idk I feel like newspaper endorsements have always been (to a greater or lesser extent) an indulgence rather than a vital exercise for either democracy or, especially, the practice of journalism

Mark Maxwell /
@markmaxwelltv: “We learned Monday that, in fact, a share of the Post's subscribers seemed to be there for the mission, not necessarily the content. And it was, as much as anything else, a clarifying lesson in how you sell news.” @ethangach: Love when the money bags walk into the newsroom and start breaking everything because they know better

David Folkenflik /
@davidfolkenflik: Semafor editor Ben Smith (@semaforben) raises Qs about WaPo's live by the sub, die by the sub strategy in wake of brutal cancellations

Cassandra MacDonald /
The Gateway Pundit: Over 200,000 Subscribers Ditch Washington Post After Newspaper Refuses to Endorse Kamala Harris Financial Times: Jeff Bezos defends ‘principled decision’ to block Washington Post endorsement of Kamala Harris

Dominick Mastrangelo /
The Hill: Bezos breaks silence, defends move to drop Washington Post presidential endorsements

Washington Post:
Though Jeff Bezos' decision to block WaPo's presidential endorsement is editorially violent and destabilizing fiat, he is acting within his rights as the owner

Discussion:
Defector, The Hill, The Atlantic and RedState

Discussion:

Bill Press /
The Hill: Jeff Bezos kills the once-great Washington Post

Robert Greene /
The Atlantic: Why Major Newspapers Won't Endorse Kamala Harris

Semafor:
Two more Washington Post opinion writers, David Hoffman, who accepted a Pulitzer Prize last week, and Molly Roberts, resign from its editorial board

Discussion:
@mollylroberts, @michele_norris, Washington Post, The Guardian, @benmullin, Ian Plunkett on LinkedIn, @VisualStuart@pdx.social, Breitbart, Poynter, Columbia Journalism Review, @jayrosen_nyu, @benmullin, @maxwelltani, @davidfolkenflik, @brianstelter, @hadas_gold, @davidfolkenflik, @maxwelltani, @davidfolkenflik, @maxwelltani, @davidfolkenflik, Axios, HuffPost, @jeff@newsie.social, @knittingknots2@mstdn.social and NPR

Discussion:

Molly Roberts /
@mollylroberts:

Michele Norris /
@michele_norris: As of yesterday, I have decided to resign from my role as a columnist for The Washington Post — a newspaper that I love. In a moment like this, everyone needs to make their own decisions. This is the reasonfor mine. 🧵

Manuel Roig-Franzia /
Washington Post: Post editorial board members step down in wake of endorsement decision

Lorenzo Tondo /
The Guardian: ‘Real threat of autocracy’: Washington Post editorial staffers resign in forceful letters

Ben Mullin /
@benmullin: NEWS: Pulitzer Prize-winning Washington Post editorial board member David Hoffman will *remain* at The Post — though he is stepping down from the editorial board. From his letter to David Shipley: “While leaving the board, I refuse to give up on The Post, where I have spent 42

Ian Plunkett /
Ian Plunkett on LinkedIn: Whether you agree or disagree with the call, a staggering 200,000 people have ended their subscription to the Washington Post in the past 48 hours — and counting. …

Stuart Celarier /
@VisualStuart@pdx.social: 20 columnists have left the Washington Post since Bezos killed the editorial board endorsement of Kamala Harris. — The excuse that the newspaper is returning to its roots by not endorsing presidential candidates rings hollow since they made that decision just days before the election. …

John Nolte /
Breitbart: More Resignations and 200K Subscription Cancelations Hit Far-left Washington Post

Tom Jones /
Poynter: The Washington Post bleeds subscriptions as Bezos responds to endorsement criticism

Jon Allsop /
Columbia Journalism Review: Why did a Canadian paper name the Washington Post's anonymous sources?

Jay Rosen /
@jayrosen_nyu: “I find it untenable and unconscionable that we have lost our voice.” —Washington Post Pulitzer Prize winnner, David Hoffman, said that today.

Ben Mullin /
@benmullin: Much of this afternoon's meeting was focused on how The Washington Post opinions department can rebuild trust with readers. One staffer said that the damage done was “incalculable.”

Ben Mullin /
@benmullin: One bright spot discussed in the meeting was that The Washington Post was able to publish dissents from its columnists publicly, illustrating that the section remained a robust forum for argument. Shipley said he wants the staff to focus on continuing to do its work.

Max Tani /
@maxwelltani: I actually think there are some people on the Post's business side who may have a calculation of the damage

David Folkenflik /
@davidfolkenflik: Molly Roberts' statement resigning from WaPo editorial board 👇🏼

Brian Stelter /
@brianstelter: “Donald Trump is not yet a dictator. But the quieter we are, the closer he comes — because dictators don't have to order the press to publish cooperatively if it wishes to go on publishing at all. The press knows, and it censors itself.”

Hadas Gold /
@hadas_gold: “Worse, our silence is exactly what Donald Trump wants: for the media, for us, to keep quiet.”

David Folkenflik /
@davidfolkenflik: Here's a link to full letter from WaPo's David Hoffman stepping down from editorial board - letter is to editorial page editor David Shipley. [image]

Max Tani /
@maxwelltani: NEW: Washington Post ed board member Molly Roberts confirms to me that she has resigned.

David Folkenflik /
@davidfolkenflik: On Thursday, Hoffman received a Pulitzer for “a compelling and well-researched series on new technologies and the tactics authoritarian regimes use to repress dissent in the digital age, and how they can be fought.” David Shipley announced Bezos' decision the next day. MORE

David Folkenflik /
@davidfolkenflik: Hoffman says he intends to remain at the paper, saying he “refuses to give up on The Post, where I have spent 42 years.” He writes of being launched on several projects, including “the expanded effort to support press freedom around the world.”

Max Tani /
@maxwelltani: Editorial board member David Hoffman is also resigning, I'm told. Hoffman accepted the Pulitzer last week for his series on “new technologies and the tactics authoritarian regimes use to repress dissent in the digital age, and how they can be fought.”

David Folkenflik /
@davidfolkenflik: WaPost's @DavidHoffman has stepped down from the paper's editorial board warning of appeasing tyranny. From his resignation: “For decades, the Washington Post's editorials have been a beacon of light, signaling hope to dissidents, political prisoners and the voiceless. MORE

Sareen Habeshian /
Axios: Nearly a third of WaPo's editorial board stepping down

Taiyler S. Mitchell /
HuffPost: Jeff Bezos Responds To Backlash Over Washington Post Non-Endorsement

Sue Stone /
@knittingknots2@mstdn.social: Exodus from Washington Post editorial board continues | Semafor — https://www.semafor.com/...

The Daily Beast:

USA Today says it won't issue a presidential endorsement, nor will any of Gannett's 200 other papers; USA Today's 2020 Biden endorsement was a first since 1982— PLAYING IT SAFE — The national newspaper, which endorsed Joe Biden four years ago, says it'd rather have its editors focussed on local elections.

Discussion:
New York Post, Fox News, CNN, The Hill, Washington Examiner, Filosofa's Word, Raw Story, HotAir, Townhall, Tangle, American Greatness, Cele|bitchy, Associated Press, RedState, Crikey, Breitbart and The Gateway Pundit

Discussion:

Ariel Zilber /
New York Post: USA Today and 200 other Gannett-owned newspapers not endorsing presidential candidate

Liam Reilly /
CNN: America's largest newspaper chain, including USA Today, won't endorse in 2024 presidential race

Jilldennison /
Filosofa's Word: VALUES? INTEGRITY? COURAGE?

Brad Reed /
Raw Story: Gannett newspapers join Washington Post and LA Times in not endorsing for president

Ed Morrissey /
HotAir: USA Today, 2020: Trump Is Dangerous. USA Today, 2024: Pass!

Leah Barkoukis /
Townhall: Another Major Paper Declines to Endorse a Presidential Candidate in the 2024 Race

Isaac Saul /
Tangle: National newspapers decide not to endorse.

Eric Lendrum /
American Greatness: USA Today Refuses to Endorse Kamala Harris

Kaiser /
Cele|bitchy: The Washington Post lost 200K subscribers after dumping their Harris endorsement

David Bauder /
Associated Press: Newspaper non-endorsements fit a trend, but some readers aren't happy

Bob Hoge /
RedState: USA Not Today—Yet Another Major National Outlet Refuses to Endorse Kamala Harris

Daanyal Saeed /
Crikey: Here's who American newspapers (minus The Washington Post) are backing this election

Elizabeth Weibel /
Breitbart: USA Today Becomes Latest Publication to Snub Kamala Harris with Non-Endorsement

Jim Hᴏft /
The Gateway Pundit: BREAKING: Far-Left USA Today Announces It Will Not Endorse Kamala Harris - “We Believe America's Future Is Decided Locally”

RELATED:

Los Angeles Times:

Sources: the LA Times, with fewer than 400,000 subscribers, saw 7,000+ cancellations for “editorial reasons” after declining to endorse in the presidential race— - Both papers have faced reader anger after declining to endorse, with critics saying the institutions failed them.

Discussion:

Dominick Mastrangelo /
The Hill: Carville: WaPo mass cancellations show ‘enthusiasm’ for Harris

Francis P. Sempa /
The American Spectator: The Press Barons Feign Impartiality. No One Believes It.

Max Tani /
@maxwelltani: Total number of readers who have canceled in a week is over 14,000, multiple people familiar with LAT subscription info tell me.

Miguel A. Santana /
Miguel A. Santana on LinkedIn: “Our democracy is very much under threat, and we should be bolstering our institutions as an act of defiance against the threat of authoritarianism …

Robert J. Lopez /
@lajourno: This is a devastating blow for a news org that is already bleeding digital circulation.

Max Tani /
@maxwelltani: Far less dramatic than the WaPo number, but I'm told in the week since we reported that the LA Times would not endorse, over 7,000 LAT subscribers canceled and specifically cited editorial content as the reason. The total number of cancelations is significantly higher, I'm told.

Ben Oreskes /
@boreskes: “These subscriptions underwrite our journalism + they make it so that we can have more people covering City Hall, local courts the school district more people in Sac + DC. Canceling your subscription just hurts the journalism effort” @_hamilton_matt said https://www.latimes.com/...

Sydney Kamlager /
@sydneykamlager: I feel for the many reporters at these papers who care about journalistic integrity and truth. Their publishers have turned into hypocritical hacks. L.A. Times, Washington Post see subscription cancellations over not endorsing in presidential race https://www.latimes.com/...

Margot Roosevelt /
@margotroosevelt: How @DrPatSoonShiong went from rescuing the LA Times to undermining its credibility.

Chris Geidner /
Law Dork: The hard truth: Americans don't trust — or need — billionaires

Variety:

YouTube Q3 ad revenue grew 12.2% YoY to $8.92B, vs. $8.89B est.; total ads and subscription revenues passed $50B over the past four quarters for the first time— YouTube generated a cool $8.92 billion in advertising revenue for the third quarter of 2024 as the world's biggest video-streaming …

Discussion:

Reinhardt Krause /
Investor's Business Daily: Google Earnings Beat. Search Advertising, Cloud Growth Top Wall Street Expectations.

Dade Hayes /
Deadline: YouTube Ad Haul Powers Alphabet Q3 Results

Tyler Durden /
ZeroHedge News: Google Jumps After Beating Across The Board

Phil Santiago /
@philthepill.bsky.social: Alas, my efforts to short Alphabet have failed, even though I quit YouTube Premium for the first time in 3 years. (Firefox still blocks the ads, fwiw). [embedded post]

Caitlin Huston /
The Hollywood Reporter: YouTube Hits $8.9B in Ad Revenue As Alphabet Beats Wall Street Expectations

Henry Khederian /
Benzinga: Roku Q3 Earnings Preview: Can Platform Revenue Growth Exceed Expectations?

Jennifer Elias /
CNBC: Alphabet to report Q3 earnings after the bell

Deadline:

CNN says commentator Ryan Girdusky will no longer be welcome on the network after his offensive remark to fellow guest Mehdi Hasan on the NewsNight show— “There is zero room for racism or bigotry at CNN or on our air,” the network said in a statement shared by host Abby Phillip tonight.

Discussion:
@ryangirdusky, New York Post, The Hill, Reuters, Variety, Mediaite, @acyn, @rashidatlaib, Adweek, Washington Examiner, @abbydphillip, RedState, The Hollywood Reporter, RADAR, The Boston Globe, Mediaite, Washington Post, The Federalist, CNN, Alternet.org, The Root, Newser, New York Times, Associated Press, Entertainment Weekly, Los Angeles Times, People, Breitbart, New Republic, Yahoo News, The Guardian, Daily Mail, TMZ.com, Twitchy, @zakiscorner, Newsbusters, @mikeisaac, @jordanuhl, Instapundit, Metro.co.uk, Daily Caller News Foundation, @wajahatali, Cele|bitchy, Forbes, @megawatts55, @oneunderscore__, @aidnmclaughlin, The Sun, @justinbaragona, @jerseylibop, @brianstelter, @jason_kint, Bossip, @brianstelter, Blaze Media, BizPac Review, Raw Story, The Independent, The Gateway Pundit, Digby's Hullabaloo, ComingSoon.net, Boing Boing, @fmanjoo, The Mirror, Al Jazeera, NBC News, Time, Black America Web, Barrett Media, Middle East Monitor, Townhall, Rolling Stone, The Daily Beast, The Wrap, New York Daily News, @oliverdarcy@threads.net, HuffPost, acecomments.mu.nu, Crooks and Liars, r/KamalaHarris, r/BreakingPoints and r/Global_News_Hub

Discussion:

Ryan James Girdusky /
@ryangirdusky: You can stay on CNN if you falsely call every Republican a Nazi and have taken money from Qatar-funded media. Apparently you can't go on CNN if you make a joke. I'm glad America gets to see what CNN stands for. New York Post: CNN bans pro-Trump commentator for ‘beeper’ joke aimed at Muslim journalist Mehdi Hasan

Dominick Mastrangelo /
The Hill: Tlaib tears into CNN for ‘normalizing’ ‘anti-Arab hate’ rhetoric on network

Kanishka Singh /
Reuters: CNN bans panelist for racist on-air remarks at Muslim journalist

William Earl /
Variety: CNN Bans Ryan Girdusky From Network After Racist On-Air Attack of Mehdi Hasan

Ahmad Austin Jr /
Mediaite: Rashida Tlaib Accuses CNN of ‘Normalizing’ Anti-Arab Hate After Guest Implied Mehdi Hasan Was a Terrorist

Rashida Tlaib /
@rashidatlaib: CNN has played a central role in normalizing this kind of open anti-Arab, anti-Muslim, and anti-Palestinian hate, and it's sadly totally unsurprising to see such disgusting statements aired so casually on its network now.

Ethan Alter /
Adweek: Abby Phillip Shuts Down Conservative Commentator Following Bigoted On Air Remark

Abby D. Phillip /
@abbydphillip: Sharing @CNN's statement and a quick message from me about what happened on tonight's show. I take this very seriously and want to again apologize to @mehdirhasan and I hope he'll join us another time. [video]

Jim Thompson /
RedState: You Can Quip About Republicans Being Nazis, but Never Make a Beeper Joke. DUCK! Incoming Beeper Cartoon!

Abid Rahman /
The Hollywood Reporter: CNN Panel Guest Directs Shocking Racist Attack on Mehdi Hasan: “I Hope Your Beeper Doesn't Go Off” RADAR: CNN Racism Storm: Network Panelist Chucked Off For Unbelievable Threat Live on Air During Trump ‘Nazi Rally’ Debate

Camilo Fonseca /
The Boston Globe: CNN panelist kicked off live show after inflammatory ‘beeper’ comment to journalist Mehdi Hasan

Kipp Jones /
Mediaite: ‘Did Your Guest Just Say I Should Be Killed On Live TV?!’ Mehdi Hasan Can't Believe What CNN Panelist Just Said to Him

Ben Brasch /
Washington Post: CNN bans guest over ‘beeper’ comment aimed at pro-Palestinian panelist

Eddie Scarry /
The Federalist: The Media's Revolting, Dishonest Insult Game Ends With The 2024 Election

Jordan Valinsky /
CNN: CNN bans conservative commentator who made a racist ‘joke’ on air

Carl Gibson /
Alternet.org: ‘Unacceptable’: CNN bans MAGA pundit over ‘racist comment’ to Mehdi Hasan during live panel

Candace McDuffie /
The Root: Black Women Clocked Conservative Guest's Disturbing Comments on CNN

Polly Davis Doig /
Newser: Beeper ‘Joke’ Gets CNN Commentator Banned

Michael M. Grynbaum /
New York Times: CNN Bars Pro-Trump Guest After His ‘Beeper’ Remark to Mehdi Hasan

David Bauder /
Associated Press: ‘Did you just say I should die?’: CNN bans conservative pundit after heated on-air clash with Mehdi Hasan

Jessica Wang /
Entertainment Weekly: CNN bans conservative commentator Ryan Girdusky after racist on-air remark

Stephen Battaglio /
Los Angeles Times: CNN bans pro-Trump commentator after offensive ‘beeper’ remark

Kimberlee Speakman /
People: MAGA Pundit Banned from CNN After Racist Remark to Muslim Co-Panelist Mehdi Hasan: 'Hope Your Beeper Doesn't Go Off'

Joel B. Pollak /
Breitbart: CNN Defends Homophobe Mehdi Hasan for ‘Nazi’ Slurs, Bans Gidursky for ‘Pager’ Joke

Edith Olmsted /
New Republic: What on Earth Was CNN Thinking Inviting a Project 2025 Adviser on Air?

Josh Marcus /
Yahoo News: CNN guest thrown off air after telling Muslim journalist: 'I hope your beeper doesn't go off'

Brittany Chain /
Daily Mail: Who is Ryan Girdusky? CNN panelist banned from network after racist Mehdi Hasan ‘beeper’ comment sparks backlash

Grateful Calvin /
Twitchy: 'I Hope Your Beeper Doesn't Go Off': Ryan Girdusky DROPS Mehdi Hasan (Then CNN Bans Girdusky)

Zaki Hasan /
@zakiscorner: Wow. Just wow.

Curtis Houck /
Newsbusters: CNN Kicks Out, BANS Conservative Guest Girdusky for Making Beeper Joke at Mehdi Hasan @jordanuhl: The beeper attack was against Hezbollah, not Hamas. But he repeatedly demonstrates he doesn't know the difference when trying to wiggle his way out of this after @mehdirhasan unleashes on him. These people aren't just racist, they're also incredibly stupid.

Ed Driscoll /
Instapundit: THIS IS CNN: What Caused a CNN Guest to Get Ejected and Banned Midway Through a Segment? …

Sarah Hooper /
Metro.co.uk: CNN guest thrown off air after telling Muslim journalist 'I hope your beeper doesn't go off'

Harold Hutchison /
Daily Caller News Foundation: Conservative Journalist Banned From CNN After Spat With Ex-MSNBC Host Who Labeled Trump Supporters ‘Nazis’

Wajahat Ali /
@wajahatali: So, I can tell you on Muslim WhatsApp the CNN clip of that MAGA freak calling Mehdi Hasan a terrorist and accusing him of his “beeper going off” simply for saying he supports Palestinians is MAKING THE ROUNDS. And people are pissed.

Siladitya Ray /
Forbes: CNN Bans Conservative Ryan Girdusky After Comment About Muslim Panelist's Beeper Going Off

Sailor Michael /
@megawatts55: This is fucking insane. Horrible. Do you guys want these hateful ass people in charge?!! What the fuck? @CNN

Aidan McLaughlin /
@aidnmclaughlin: New: CNN says in a statement that Ryan Girdusky will no longer appear on the network after this remark [image]

Britta Zeltmann /
The Sun: Moment CNN panelist Ryan Girdusky tells Muslim guest 'I hope your beeper doesn't go off' before being kicked off show

Justin Baragona /
@justinbaragona: Thankfully, CNN removed Ryan Girdusky from the panel. “First, I want to apologize to Mehdi Hasan for what was said at this table. It was completely unacceptable. When we get this discussion started, you'll see that Ryan is not at the table. There is a line that was crossed.” [video]

Brian Stelter /
@brianstelter: >> @CNNPR just released a statement about this: “There is zero room for racism or bigotry at CNN or on our air. We aim to foster thoughtful conversations and debate including between people who profoundly disagree with each other in order to explore important issues and promote

Jason Kint /
@jason_kint: And he did it while he was defending the racism and hate that went on stage at the Trump rally at MSG. I think that's important context. Bossip: Soup Cookie Chronicles: Ryan Girdusky Makes Flagrantly Racist Comment To Mehdi Hasan On CNN, Permanently Banned From Network

Brian Stelter /
@brianstelter: Tonight's statement from @CNNPR says “Ryan Girdusky will not be welcomed back at our network.”

Joseph MacKinnon /
Blaze Media: ‘Legendary’: CNN bans conservative guest after he breaks leftist panelists' thin skin

Chris Donaldson /
BizPac Review: CNN bans guest after EPIC retort to ‘anti-Semite’ Mehdi Hasan: 'I hope your beeper doesn't go off'

Adam Nichols /
Raw Story: ‘A joke’: GOP guest attacks CNN for booting him off show after furious on-air fight

Rhian Lubin /
The Independent: MAGA commentator hits out at CNN after network kicked him off air for ‘racist’ beeper ‘joke’

Kristinn Taylor /
The Gateway Pundit: Fireworks: CNN Throws Conservative Ryan Girdusky Off Show After Trading Insults With Israel Hater Mehdi Hasan ("If You Don't Want to Be Called Nazis"; “I Hope Your Beeper Doesn't Go Off")

Digby /
Digby's Hullabaloo: JDs Bro Bud

Disheeta Maheshwari /
ComingSoon.net: Why Did CNN Ban Ryan Girdusky After His Interview With Mehdi Hasan?

Carla Sinclair /
Boing Boing: Behind the scenes: CNN panelist explains how MAGA guest got kicked off show — and banned from network (video)

Farhad Manjoo /
@fmanjoo: the funny thing is in the actual segment he instantly backtracked and groveled a fake explanation that he'd misheard or something but now that he's fired he's an edgelord comedian who never backs down

Anders Anglesey /
The Mirror: CNN guest thrown off air after making sickening pager joke at Muslim journalist

Patrick Smith /
NBC News: CNN bans conservative guest for telling Muslim journalist 'I hope your beeper doesn't go off'

Chad De Guzman /
Time: Harris Campaign Highlights J.D. Vance's Ties to Commentator CNN Pulled for On-Air ‘Racism’

Nikki McCann Ramirez /
Rolling Stone: CNN Bans Guest Who Suggested Mehdi Hasan's ‘Beeper’ Would Explode

William Vaillancourt /
The Daily Beast: MAGA Pundit Banned From CNN After Wild ‘Beeper’ Jab at Muslim Co-Panelist

Ross A. Lincoln /
The Wrap: CNN Bans Pro-Trump Analyst After He Suggests Violence Against Mehdi Hasan

Brian Niemietz /
New York Daily News: CNN bans guest for comment about Muslim journalist's pager exploding

Oliver Darcy /
@oliverdarcy@threads.net: News: CNN has permanently banned pro-Trump commentator @ryan.james.girdusky after he leveled a racist attack on @mehdirhasan. — “There is zero room for racism or bigotry at CNN or on our air,” the network said in a statement provided to me. — Details for members in Status: https://www.status.news/...

Max Abrahms /
acecomments.mu.nu: CNN: We Support Mehdi Hassan Calling Every Right-Leaning Person a “Nazi” but When a Guest Responds In Kind By Saying “I Hope Your Beeper Doesn't Go Off,” That's Worth a Lifetime Ban r/KamalaHarris: CNN host Abby Philip kicks GOP operative Ryan Girdusky off her show after he hurls a racist insult at Mehdi Hasan. r/BreakingPoints: Saagar's friend, Ryan Girdusky just told Mehdi Hasan on CNN: “I hope your beeper doesn't go off.”

CNBC:

Snap reports Q3 revenue up 15% YoY to $1.37B vs. $1.36B est., DAUs up 9% YoY to 443M, issues light Q4 guidance, and announces $500M stock repurchase program— Snap reported better-than-expected third-quarter results on Tuesday, but issued light fourth-quarter guidance. The stock slipped in extended trading.

Discussion:
The Hollywood Reporter, Bloomberg and Snap Inc., more at Techmeme »

CNBC:

Reddit Q3: revenue up 68% YoY to $348.4M, vs. $312.8M est., DAUs up 47% YoY to 97.2M, vs. 96.5M est, ARPU of $3.58, vs. $3.24 est.; RDDT jumps 20%+ after hours— Reddit shares jumped 16% in extended trading on Tuesday after the social media company reported third-quarter results …

Discussion:
Reddit Upvoted, more at Techmeme »

Stratechery:

Meta is well positioned to be AI's main beneficiary, including by applying generative AI to ads, which at some point will be indistinguishable from content— Stratechery has benefited from a Meta cheat code since its inception: wait for investors to panic, the stock to drop …

Discussion:
Forbes, Fortune, @worldguru.bsky.social, Digital Journal and The Information, more at Techmeme »

Discussion:

Derek Saul /
Forbes: Google Earnings: Search Engine Giant Reports Record Profit And Sales On $66 Billion Ad Revenue

Sharon Goldman /
Fortune: Researchers disagree about the speed of gen AI adoption. But one thing's clear: The tech is increasingly everywhere @worldguru.bsky.social: Stop using Meta Fakebook — As simple as that. — @cnn.com @foxnews.com.web.brid.gy @skynews.com.web.brid.gy #Trump #maga #Harris #obama [embedded post]

Kalley Huang /
The Information: Meta Works on AI Search Engine to Lessen Reliance on Google, Microsoft

Wall Street Journal:

A profile of The Rest Is History, the most popular history podcast with 11M monthly downloads; sources: TRIH has 45K+ paying subscribers and earns $200K+/month— ‘The Rest Is History’ dives into the past with raucous good cheer and has captured a growing audience of young listeners.

Discussion:
@davidluhnow, @bopanc, @holland_tom, @bopanc, @alecmacgillis, @backtweetboi, @wsj, @holland_tom, @bopanc, @joshglancy and @thehistoryofth2

Discussion:

David Luhnow /
@davidluhnow: So happy the @WSJ did this story. I love this podcast. Two middle-aged British academics started a history podcast on the premise that “nobody will ever listen to it.” Now their irreverent “The Rest Is History” is a global hit. https://www.wsj.com/... via @WSJ

Bojan Pancevski /
@bopanc: History professors struggle to get students excited about the past. Yet these two draw raucous Gen Z audiences with a rock-concert vibe. @TheRestHistory podcast gets 11m monthly downloads, 1.2m @YouTube views, and over 45,000 paying subscribers https://www.wsj.com/...

Tom Holland /
@holland_tom: It's been a journey... [image]

Bojan Pancevski /
@bopanc: In one of the many perks of my job, I got to interview my favorite podcasters @holland_tom and @dcsandbrook of @TheRestHistory to better understand How Two Irreverent Historians Made Their Podcast a Global Sensation https://www.wsj.com/... via @WSJ

Alec MacGillis /
@alecmacgillis: “The bantering humor of ‘The Rest Is History’ contrasts with the way that many American historians and podcasters approach their work, which Sandbrook describes as ‘anguished and very earnest.’” https://www.wsj.com/...

David Lindhagen /
@backtweetboi: I adore these guys. This is the sickest thing ever [image] @wsj: When “The Rest Is History” hosts Tom Holland and Dominic Sandbrook started the podcast as a Covid lockdown project, they never expected it to be a success, much less a sensation https://www.wsj.com/...

Tom Holland /
@holland_tom: I am reminded by @ClarkHistoryPol that today is the 4th birthday of @TheRestHistory!

Bojan Pancevski /
@bopanc: The @TheRestHistory podcast has never been anti-woke, @dcsandbrook says. But “lots of people are bored of being lectured. They don't want to feel onerous nor want to be told how they ought to think or feel.” https://www.wsj.com/...

Josh Glancy /
@joshglancy: Enjoyed this Rest is History interview in The Wall Street Journal, featuring the “tall and slender” @holland_tom and the “stately, balding” @dcsandbrook https://www.wsj.com/...

The Hollywood Reporter:

Vivendi's supervisory board approves a plan to separate Canal+, Havas, and Louis Hachette Group from Vivendi; shareholders are set to vote on December 9— After final approval of the move designed to address “a very high conglomerate discount,” shares of pay-TV firm Canal+, ad giant Havas …

Discussion:
TVNewsCheck, The Wrap, @mediaevan, Deadline, Vivendi, Bloomberg, Broadband TV News, Wall Street Journal and Variety

Discussion:

Georg Szalai /
TVNewsCheck: Vivendi Board Approves Split Into Four Companies, Sets December Shareholder Vote

Lucas Manfredi /
The Wrap: Vivendi Board Sets December Shareholder Vote on 4-Way Split of French Media Giant

Evan DeSimone /
@mediaevan: “If approved, it will lead to the separation of pay-TV giant Canal+, advertising powerhouse Havas and publishing firm Louis Hachette Group, which consists of the firm's 66.53 percent stake in Lagardère and full ownership of Prisma Media, from Vivendi.” https://www.hollywoodreporter.com/ ...

Jesse Whittock /
Deadline: Vivendi Board Gives Go-Ahead For Business Split & Sets December Shareholder Vote; Bob Bakish To Join Canal+ Board Vivendi: Vivendi's Supervisory Board approves the resolutions regarding the Group's spin-off to be submitted to shareholders on December 9, 2024

Benoit Berthelot /
Bloomberg: Vivendi Split Makes Yannick Bolloré Chairman of Biggest Spinoffs

Julian Clover /
Broadband TV News: Vivendi board gives approval to Canal separation

Adrià Calatayud /
Wall Street Journal: Vivendi Names Management, Board Lineups of Units Ahead of Planned Split

Notes From Poland:

State-owned Radio Kraków shuts down a channel run by AI “presenters” after less than a week, citing “the level of emotion that accompanied this experiment”— A Polish radio station that launched a channel run almost entirely by artificial intelligence …

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