Top News:
Wall Street Journal:
US Justice Department and FBI investigating whether fantasty sports sites should continue operating under “games of skill” exemption — FBI, Justice Department Investigating Daily Fantasy Sports Business Model — FBI agents have been contacting customers of DraftKings to ask them about their experiences
Discussion:
New York Times, bizjournals, Reuters, The Hill, Business Insider, Legal Sports Report, BostonGlobe.com, Deadspin, The Verge, The Big Lead, Fortune, Bleacher Report and abc7chicago.com
Andrew Wallenstein / Variety:
During earnings call, Netflix says it could be competing with Vice in news programming within next two years — Netflix Expresses Interest in Expanding Into News Programming — Now that they've disrupted one TV genre after another with dramas and comedies like “House of Cards” and …
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Ben Popper / The Verge:
Netflix Q3: $1.74B in revenue, $74M in profit, down from $110M for same period last year, company adds 3.62M new subscribers globally — Netflix stumbles on profit, but subscriber base swells to nearly 70 million — Netflix is one of the best performing stocks in the S&P 500 right now …
Sam Thielman / Guardian:
Netflix CEO Reed Hastings blames US switch to chip-based credit cards for subscribers leaving as US growth slows with just 880K subs added in Q3 — Netflix CEO blames credit card changes for subscribers leaving service — Reed Hastings attributes slumping numbers to anti-fraud measures including advent …
Discussion:
New York Times and TechCrunch
Elizabeth Spayd / Columbia Journalism Review:
Columbia Journalism Review to move from bimonthly to twice yearly print schedule in digital refocus — A note to CJR's readers — In an effort to better align our resources with our mission, we have decided to significantly boost our investment in Columbia Journalism Review's digital operations …
Discussion:
Politico, @springer, LA Observed, @michaelhoyt, @mariahcblake, @jbenton, @chanders, @stevecollny, JIMROMENESKO.COM, Poynter, The New York Observer, @emersongreg, @klerner, @lkirchner and @testycopyeditor
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Benjamin Mullin / Poynter:
Q&A with CJR editor in chief and publisher Elizabeth Spayd on increasing traffic, profitability, and the magazine's new membership model — CJR will adopt membership model, EIC says — CJR may be cutting its print frequency, but that isn't a sign of flagging ambition from the half-century old review of journalism.
Brian Stelter / CNNMoney:
Democratic primary debate averaged 15.3M cable viewers, live streaming peaked at 980K concurrent viewers — Overnight ratings point to Democratic debate record — Final ratings won't come in until later in the day. But preliminary Nielsen ratings indicate that CNN's Tuesday night debate …
Discussion:
Politico, TVNewser, Fortune, Hollywood Reporter, Mediaite, FishbowlDC, FishbowlNY, Rare, The Huffington Post, Reuters, Los Angeles Times, WDSU-TV, The Hill, Baltimore Sun, Forbes, CNN, Ad Age, Digiday, Variety, The Week and OnPolitics
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Joseph Lichterman / Nieman Lab:
Reactions to CNN's VR livestream of Tuesday's Democratic debate: VR headsets overheat, make for uncomfortable viewing, event didn't lend itself to immersion — What was it like watching a VR stream of last night's Democratic debate? Hot and heavy — CNN experimented by broadcasting …
Claire Atkinson / New York Post:
Tyrangiel officially joins Vice to head up HBO show — Josh Tyrangiel. — It's official. — Former Bloomberg LP high-flier Josh Tyrangiel is joining the edgy Vice Media to head its upcoming daily news show on HBO. — Tyrangiel, 43, who oversaw Charlie Rose's newscast for Bloomberg TV …
Discussion:
Variety, WWD, TVNewser, The Wrap, WWD, FishbowlNY, @klimbergcalcio, Hollywood Reporter, @tyrangiel, @mlcalderone, @poniewozik and Talking Biz News
Sharon Waxman / The Wrap:
Digital publications now protected under same terms as traditional newspapers as Amendment AB 998 updated in California — TheWrap Sparks Change to California Law Protecting Digital Media — Well, this doesn't happen every day. TheWrap's appeal of a lawsuit has prompted a change …
Richard Smirke / Billboard:
Music Managers Forum report shows 11% think streaming revenue split is fair, 1/3 represent artists with no digital income in contracts — Artist Managers, Artists' Front-Line Defense, Find Labels Severely Lacking — A comprehensive new survey of music managers has revealed that over one-third …
Discussion:
Music Ally, BBC, Complete Music Update, Music Week, International Business Times and hypebot
Garett Sloane / Digiday:
Cosmopolitan gets, on average, 3M readers and up to 1.2M shares on Snapchat Discover per day — Cosmo is getting 3 million readers a day on Snapchat Discover — Most millennials probably don't know who Helen Gurley Brown is, but the Cosmopolitan brand Brown built is resonating with the young set — on Snapchat, at least.
Discussion:
Media Wire Daily
Mark Sweney / Guardian:
Channel 4 Chairman, Lord Burns, says BBC should become pay-TV service like Sky — Channel 4 chairman says BBC should become Sky-style pay-TV service — Lord Burns warns that replacing the licence fee with a household levy would be a ‘dangerous route’ for the corporation to take
Discussion:
Guardian
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Mark Sweney / Guardian:
BBC local press plan is ‘backdoor privatisation’, says NUJ chief
Discussion:
Press Gazette, National Union of Journalists, HoldTheFrontPage and Press Gazette
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