In brief: Warner Bros. Discovery’s profit slid 8% year-over-year and still has over $50bn in debt, the company announced in its Q3 earnings.

A class-action lawsuit was filed today in a San Francisco federal court alleging that Twitter is eliminating workers without enough notice.

Regional publisher National World is reportedly in the early stages of exploring a cash offer to buy Daily Mirror owner Reach.

Cosmetics company L’Oréal has denied a report from the Financial Times that it had suspended advertising on Twitter in the wake of Elon Musk’s takeover of the company.

Survey results have implications for brands and advertisers for what Generation Z expects and enjoys most on TikTok as compared to competitors like Instagram.

Xumo will go-to-market with its first branded devices in late 2023, distributed by Comcast, Charter and Walmart. 

The New York Times Company reported it gained 180,000 subscribers across its properties The New York Times and sports publication The Athletic.

In brief: Ad revenues increased by 8% year-over-year, led by higher political advertising revenues at its FOX Television Stations and growth at TUBI.

In brief: Paramount+ added 4.6 million subscribers, growing to 46 million, driven in part by launches in international markets like the UK.

More than a third of Brits (36%) believe quality journalism matters more today than ever before, as the UK faces a cost of living crisis and political instability.