Google loses $500 billion in value as AI search dents ad sales
Investors fear AI-generated answers are reducing clicks on ads that underpin Google's core search business.
BBC · +3 outlets
Reddit stock plunges 29% after weak outlook, worst trading day ever
The drop reflects investor doubts about Reddit's ability to sustain ad revenue growth amid rising competition.
CNBC · +7 outlets
Hello Sunshine cuts about 30 to 50% of staff after Witherspoon reacquisition
The layoffs follow Reese Witherspoon's buyback of the production company with a French media partner, signaling a leaner post-deal structure.
Variety · +4 outlets
Meta settles with second teen mid-trial over social media addiction claims
The settlement came during a trial testing whether social platforms caused depression and eating disorders, as the parallel case against Snapchat proceeds.
CNBC · +14 outlets
Daytime Emmys: Kelly Clarkson Show leads with five wins, Beyond the Gates takes four
CBS soap Beyond the Gates won four trophies in its first year of eligibility, while General Hospital and the Kelly Clarkson Show also dominated the 53rd ceremon
Deadline · +13 outlets
You Can See Everything edges Clayface in tight Halloween box office race
A24's Elizabeth Holmes documentary and Warner Bros.' DC body horror film are both tracking around $10.5 million for the weekend.
Thewrap · +4 outlets
AI content retrieval already eroding publisher revenue, court told
Digital Content Next testified that members saw revenue declines after AI search tools began summarizing their content.
Pressgazette · +2 outlets
Cate Blanchett-led coalition challenges OpenAI in New York Times copyright case
An amicus brief from artists argues AI companies should seek consent before using faces, voices and images.
Thewrap
Networks brace for most extensive midterm election night coverage yet
Broadcasters are adding more data, streaming options and airtime for next week's midterms amid heightened scrutiny of result reporting.
Deadline · +2 outlets
Indian director Sanjay Gupta of Kaante and Shootout at Lokhandwala dies at 57
Gupta died after a fall at his Mumbai home; sources differ on whether he was 57 or 59.
Deadline · +13 outlets
Meta scraping terms face UK competition watchdog investigation
The CMA is examining whether Meta's proposed terms could unfairly harm publishers that rely on their content.
Pressgazette · +7 outlets
Timbaland sues former managers for $15 million over alleged fraud, civil theft
The producer alleges his ex-manager and business manager enriched themselves and depleted his assets while entrusted with his finances.
Thewrap · +4 outlets
JioStar revenue climbs 10% in September quarter despite weak ad market
The Reliance-backed Indian media giant grew revenue to about $710 million even as profit fell.
Variety · +10 outlets
Bill Maher responds to Trump's 1,300-word rant about him
Maher addressed the president's record-length social media attack on his Real Time show, joking he went off 'like Kelly Clarkson in a toy store.'
Mediaite · +13 outlets
Iran's supreme leader threatens unlimited response as report flags post-midterm strikes
The warning followed a report that the Trump administration told Gulf allies to prepare for new strikes as soon as Wednesday.
Mediaite · +7 outlets
Trump doubles down on body-shaming Reuters reporter Jacob Bogage
The president repeated insults about the White House correspondent's weight, drawing fresh media-industry criticism.
Thewrap · +2 outlets
Selma Blair apologizes after JFK airport arrest for alleged assault
The actress said she never intended to hurt or frighten anyone in her first statement since the incident.
Deadline
Disney Imagineering hit with layoffs ahead of the holidays, state filing shows
The cuts at the theme park design division add to a broader wave of media and entertainment industry job reductions.
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