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Top story New York Times Company in exclusive talks to acquire Letterboxd for about $330 million

The deal would add the film-focused social platform to the Times' digital subscription portfolio at a reported valuation of more than 20 times Letterboxd's revenue.

full coverage →mediaacquisitionspublishing
Google, Meta and TikTok sue California to block law restricting addictive features for kids

The lawsuit, filed Wednesday, challenges a recently passed state law aimed at limiting addictive social media features for users under 16.

full coverage →regulationsocial mediapolicy
Salon shuts down after 31 years, citing a publishing model 'no longer sustainable'

The pioneering digital news site, founded in the wake of a San Francisco newspaper strike, said it would go dark the same day it announced the closure.

full coverage →mediapublishingdigital news
Trump Media shares fall to record low after Republican midterm losses

The stock posted one of its largest single-day declines as Democrats scored sweeping election victories, cutting the value of the president's stake.

full coverage →marketssocial mediapolitics
Keanu Reeves returns as John Wick in Lionsgate animated prequel film

Lionsgate greenlit the animated project about the assassin's origins, with Shannon Tindle directing and a script by Ryan and Kaz Firpo.

full coverage →filmstreamingfranchise
New York Times adds 420,000 digital subscribers, stays on track for 15 million goal

The Times now has 13.76 million total subscribers, with the CEO crediting human-made journalism for the growth.

full coverage →publishingsubscriptionsmedia
Chris Pratt to return as James Reece in Amazon's 'Savage Son' series

Amazon is adapting Jack Carr's third Terminal List novel for the military thriller franchise, though it is unclear whether the project will be a season or a standalone series.

full coverage →streamingtvfranchise
NBC News tops midterm election night ratings as overall audience rises 23% to 31.2 million

Final Nielsen figures show NBC leading primetime coverage while Fox News topped the later-updated cable race, ahead of CNN.

full coverage →tvratingselections
Lionsgate quarterly revenue rises 41% to $668 million on 'Michael' and TV sales

The studio narrowed its net loss as the Michael Jackson biopic and increased episode deliveries lifted results, amid ongoing takeover speculation.

full coverage →businessfilmearnings
Meta pulls proposed commercial terms of service after publisher backlash

Meta indefinitely delayed terms that would have let it scrape websites of Business account users, as UK publishers accused it of holding them over a barrel.

full coverage →platformspublishingpolicy
Snap shares fall more than 10% on third-quarter revenue miss

The social platform's quarterly revenue came in below expectations, sending the stock sharply lower.

full coverage →marketssocial mediaearnings
DOJ ramps up probe into leak of Supreme Court draft overturning Roe and issues grand jury subpoenas

The intensified investigation revisits the 2022 leak of the Politico-published draft opinion.

full coverage →mediajusticeinvestigation
Imax posts record quarterly revenue and profit growth on 'The Odyssey'

The large-format exhibitor credited the strong theatrical slate for record third-quarter results.

full coverage →filmbusinessearnings
AMC Theatres reports record quarterly revenue on box office rebound

The exhibitor rode an improving theatrical slate to its best quarter as the box office recovery continued.

full coverage →filmbusinessexhibitors
Live Nation reports $10.1 billion in quarterly revenue

The concert giant's CEO said artists are reaching more fans than ever and attendance is hitting record levels.

full coverage →musicbusinessearnings
Shari Rosenblum exits as 20th Television publicity head after nearly three decades

The Disney Television Studios communications executive took a voluntary early retirement offer after a career spanning Fox and Disney.

full coverage →tvbusinesspeople
Rhode Island sues Meta, alleging it profited from scam ads and failed to protect users

The state suit accuses Meta of benefiting from fraudulent advertising on its platforms.

full coverage →regulationsocial medialawsuits
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