Netflix Investors Seek Signs of Resurgence After July Letdown – Bloomberg

Netflix Inc. will make its most important announcement of the year on Tuesday, reporting how many new customers signed up for the world’s largest paid online TV service over the past three months.
— Read on www.bloomberg.com/news/articles/2018-10-16/netflix-investors-seek-signs-of-resurgence-after-july-letdown

As more newspapers fail, news ‘deserts’ expand in US: study

More than 1,800 US newspapers have closed since 2004, leaving expanding “news deserts” with little or no local reporting on public affairs, researchers said in a report Monday. The study by the University of North Carolina School of Media and Journalism, an update of a 2016 paper, found that
— Read on www.yahoo.com/news/more-newspapers-fail-news-deserts-expand-us-study-194644850.html

Walmart Plans Competitor to Amazon’s Video Marketplace – Bloomberg

Walmart Inc. is looking to create an online store that would sell other companies’ video services, according to people familiar with the talks, opening up a new front in its fight with Amazon.com Inc.
— Read on www.bloomberg.com/news/articles/2018-10-15/walmart-is-said-to-plan-competitor-to-amazon-s-video-marketplace

Trump-loving super PAC chairman Tom Hicks Jr. might buy Tribune Media

The owner of local TV stations like WPIX in New York and WGN in Chicago is expected to a get buyout bid from Tom Hicks Jr., the Texas-based chair of America First, a super PAC that’s aligned with Trump, The Post has learned.
— Read on nypost.com/2018/10/15/trump-loving-super-pac-chairman-might-buy-tribune-media/

Hollywood grows wary of Saudi deals after journalist’s disappearance – Los Angeles Times

Media company and talent agency Endeavor is looking to extract itself from a major deal with Saudi Arabia’s sovereign wealth fund as world leaders demand answers about the fate of U.S.-based dissident Saudi journalist Jamal Khashoggi.
— Read on www.latimes.com/business/hollywood/la-fi-ct-saudi-arabia-endeavor-jamal-khashoggi-20181015-story.html