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4:40 PM ET, November 7, 2018

Mediagazer

 Top News: 
Brent Lang / Variety:
21st Century Fox's reports Q3 revenues of $7.18B, up 2% YoY, missing analyst estimates, and earnings of $1.29B, up 54% YoY  —  Earnings at 21st Century Fox were in line with expectations on Wednesday, even as the media conglomerate's revenues for its most recent financial quarter fell short of projections.
Discussion: MediaPost
RELATED:
Erin Nyren / Variety:
Hollywood producer Jason Blum was booed off stage at Israel Film Festival for criticizing Trump, with one reality TV star attempting to remove him  —  With the midterm elections heavy on everyone's mind, Jason Blum was booed offstage at the Israel Film Festival, where he was being honored …
Associated Press:
Facebook CEO Mark Zuckerberg rejects request to appear before an “international grand committee” of Canadian and UK MPs to discuss fake news on November 27  —  LONDON (AP) — Facebook CEO Mark Zuckerberg has rejected a request to appear before an international parliamentary committee delving …
Tim Peterson / Digiday:
Axios expects its annual revenue to double YoY to $20M+ in 2018 and still plans to launch a subscription product but likely not by the end of 2018  —  Axios remains in no rush to release the high-end subscription product that the news publisher publicly discussed months before the company's January 2017 launch.
Discussion: @digiday
New York Times:
Fox News, working with a different set of voter data to the other networks, was the first to tell viewers that Democrats would win the House  —  Get live election analysis and real-time results.  —  By 9:30 p.m. on Tuesday, Van Jones of CNN had called the midterm elections “heartbreaking” …
Janko Roettgers / Variety:
Roku reports Q3 revenue up 39% YoY to $173.4M, streaming hours up 63% YoY to 6.2B, device revenue up 9% after a cut in sales price; stock down 10%+ after hours  —  Roku continues its transition from a hardware company to a company that primarily makes money with advertising at a rapid pace.
Natalie Jarvey / Hollywood Reporter:
Defy Media has ceased operations and let go of most employees, with a small team staying onboard to try and sell brands like Smosh  —  “Unfortunately, market conditions got in the way of us completing our mission," a company spokeswoman said in a statement.
Henry Farrell / Washington Post:
Q&A with Harvard's Yochai Benkler, on the political consequences of US media and why Fox News is five times more influential than Facebook for the right  —  Yochai Benkler, Rob Faris and Hal Robert, three scholars affiliated with Harvard's Berkman Klein Center, have a new book …
Jeremy Barr / Hollywood Reporter:
Trump called Jim Acosta a “rude, terrible person”, as an aide tried to wrestle the mic from Acosta, and told April Ryan to “sit down” during press conference  —  “CNN should be ashamed of itself having you working for them,” Trump told Acosta during a post-election news conference on Wednesday.
Glenn Rifkin / Fast Company:
A look at the history of IDG, and how its founder Pat McGovern grew it from a newsletter in 1960 to the media giant it is today  —  IDG brought us PC World, Macworld, and other familiar brands.  But first, it produced a newsletter from a house in suburban Boston.
Discussion: @bobcarrigan and @harrymccracken
Paul Sawers / VentureBeat:
Google says it has invested $100M+ in YouTube's Content ID system, up from $60M two years ago, and has given $3B+ to rights-holders, up from $2B+ in 2016  —  As part of longstanding efforts to prove that it's serious about combating piracy, Google today revealed some updated numbers from across its various digital products.
Christopher Mathias / @letsgomathias:
HuffPost National Reporter Christopher Mathias says he was told to leave Rep. Steve King's election night party by King's son, Jeff  —  Just got kicked out of Steve King's election night party! King's son Jeff, who is the campaign chairman, told me to leave the building.
 
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 More News: 
Jessica Davies / Digiday:
UK trade body AOP and The Media Trust plan to launch a free tool that will let publishers see what cookies are dropped on their sites and by which vendors
Jim Wyss / miamiherald:
Profile of Venezuelan news site Armando.info, whose investigation forced four of its reporters into exile, ahead of its Knight International Journalism Award
Christine Schmidt / Nieman Lab:
A look at several successful journalism Kickstarter campaigns as seven of the ten most funded journalism projects on the site took place in the last year
 Earlier Picks: 
Brian Steinberg / Variety:
Fox News said it does not condone Sean Hannity's appearance onstage at a Trump rally on Monday night and called it an “unfortunate distraction”
Salvador Rodriguez / CNBC:
Facebook says it has blocked 115 accounts on its services that may have been engaged in “coordinated inauthentic behavior” ahead of the US midterm elections