Top News:
Edmund Lee / New York Times:
NYT hits 7M subscribers as digital-only subscriber revenue tops print subscriber revenue, a first; Q3 net income doubled to $33.6M on revenue of $426.9M — For the first time, the publisher brings in more revenue from online readers than its print subscribers.
Discussion:
Nieman Lab, Business Wire, @gerryfsmith, Politico, MediaPost, @edmundlee, The Wrap, bookforum.com, @robinwigg, @dansaltzstein, @mattyglesias, @kupersimon, @jyarow, @arctictony, @raju, @sona, @claireatki, @markghuneim, @kerrymflynn, @griner, @kerrymflynn, @nytimespr, @genepark, @marclacey, Talking Biz News, @jayrosen_nyu, @joshsternberg, @richlightshed, The Rebooting, @hblodget and @jameskmcauley
New York Times:
Trump and advisers erupted when Fox News called AZ for Biden; source: Jared Kushner called Rupert Murdoch; Jason Miller asked for a retraction that didn't come — The Fox News decision left the president fuming, and his team complaining. Then he began casting aspersions on other states' vote counts.
Discussion:
Washington Post, Arizona Republic, Media Matters for America, @doree, Mediaite, @gzornick, @nxthompson, @vanityfair, Mediaite, Nieman Lab, Poynter, The Guardian, Vanity Fair, The Daily Beast, The Week, Associated Press, The Daily Caller, UPROXX, Business Insider, CNN, @willoremus, @elaheizadi, @willoremus, @willoremus, @popehat, @perryvandell, @bobcesca_go, Salon, Common Dreams, Hugo Schwyzer, @froomkin, @sivavaid, @dougsaunders, @froomkin, @nycsouthpaw, @murphymike, @wyethwire, @brizzyc, @vanbadham, @mattdpearce, @kibblesmith, @yashar, @sarahellison, @tomgara, Variety, The Wrap, The Hill, Raw Story, The Daily Beast, Vos Iz Neias and Political Wire
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New York Times:
Nielsen: Fox News had 14.1M prime-time viewers on Election Day, a cable news record, vs. CNN's 9M, and averaged 4.9M prime-time viewers in October, up 85% YoY — The president and his aides have been critical of the cable network that includes some of his most ardent media allies.
Discussion:
Variety, CNN, Business Insider, The Guardian, Poynter and Vulture
Matt Gertz / Media Matters for America:
On Wednesday morning, Fox & Friends was supporting Trump's attempted election theft, priming its audience to treat the ongoing counting of ballots as fraudulent — With the presidential election still up in the air as ballots continue to be counted in key states, President Donald Trump …
Discussion:
Associated Press, @benyt, Mediaite, TVNewser, Business Insider, Reuters, @ryanjreilly, @bartongellman, @pt, @bruceholsinger, @alexstamos, @oliverbbackes, @opinion_joe, @emilybell, @kevincarey1, @aravosis, Variety, @peterbeinart, @qjurecic, @samthielman, @ezraklein, @oneunderscore__, @chrismegerian, Al Jazeera, @michaelkruse, The Daily Beast, Vanity Fair, Crikey, Media Matters for America, Fox News and Washington Post
Jack Shafer / Politico:
Despite a protracted count, the three major cable networks kept trying to sustain excitement over the US election rather than admitting there was no news — As Election Day 2020 coasted to a crawl and the West Coast voting precincts closed shop, the cable news networks were dazed to learn …
Oliver Darcy / CNN:
News anchors, including from Fox News, forcefully called out Trump after he prematurely declared himself the victor of the 2020 election
News anchors, including from Fox News, forcefully called out Trump after he prematurely declared himself the victor of the 2020 election
Discussion:
Media Matters for America, @brenthbaker, @davidfolkenflik, Columbia Journalism Review, @domdifurio, Reuters, @nichcarlson, @hshaban, @cliffordlevy, Mediaite, @schwindter, @katyturnbc, @hshaban, @dansinker, @jeremymbarr, @willoremus, @brianstelter, The Week, @joepompeo, @mlcalderone, @reckless, @brendannyhan, @nycjim, @joesims10, @mikeykaynyc, @oliviafaix, @oliviafaix, @brianstelter, @dangillmor, @oliverdarcy, The Guardian, MTV, New York Times, Raw Story, KDFX-TV, The A.V. Club and The Guardian
CNBC:
Memo: ESPN will lay off ~300 staff and not fill 200 open positions, citing COVID and shift to streaming; ESPN also won't renew contracts for some on-air talent — KEY POINTS — The layoffs come as parent company Disney restructures its entertainment and media business.
Wall Street Journal:
Twitter accounts posing as the AP and CNN posted false and premature claims Wednesday declaring election victories in what appeared to be a coordinated campaign — Similarities in fake accounts and tweets point to coordinated effort to spread online disinformation about presidential election
Discussion:
Washington Post, @saraheneedleman and @dnvolz, more at Techmeme »
Jennifer Elias / CNBC:
YouTube says it won't remove an OANN video called “Trump won”, which claims Democrats are tossing GOP ballots, but says the video undermines election confidence — - Google-owned YouTube refused to take down a video that falsely claims Trump won the Presidential election and democrats committed voter fraud.
Discussion:
NBC News, Platformer, @caseynewton, Business Insider, @kevinroose, The Guardian, @megancgraham, INSIDER, @risj_oxford, hatemail, @gloria_sin, Protocol, @nbcnews, @megancgraham, @jenn_elias, @bobshrum, @jsrailton, The Week, @walldo, @yoda, @marietjeschaake, @yoda, @caseynewton, @bermanjeff, @thatjpwing, @gaywonk, @mattortega, @mattortega, @mattortega, @kevinroose, @meganclasen, @jon_alper, @loudmouthjulia, @katzonearth, @cwarzel, CNN, New York Times, @random_walker, ScreenRant, TechCrunch, The Verge, INSIDER, @kattenbarge, @gavreilly, 9to5Mac and CNET, more at Techmeme »
Ingrid Lunden / TechCrunch:
TikTok seems to be testing a Learn tab to showcase education and how-to videos, which it's also populating with content from publishers like Self and WWD — How-to videos have been some of the most popular content on YouTube over the years, and now, to grow engagement and the pool of users …
Meredith Corporation:
Meredith reports earnings of $42M on revenue of $694M, down 4% YoY, but benefiting from a 43% increase in local political spot advertising over 2018 — Delivers Record First Quarter Digital Advertising and Political Revenues — Generates Operating Cash Flow of $79 Million; $201 Million Cash on Hand
Discussion:
@scottbrodbeck
Jason Gurwin / The Streamable:
Sources: NBC believes T-Mobile's TVision is in breach of contract with NBC for how stations are bundled on TVision Live and VIBE, and is “exploring options” — A third media company has now expressed concerns over T-Mobile's TVision streaming service.
Discussion:
The Wrap, Light Reading and @thestreamable
GlobeNewswire:
Tribune Q3: net income of $8.5M; revenue of $188.7M, down 20% YoY; ad revenue fell 38% YoY to $35.6M; digital-only subs hit 427K with revenue up 67.4% to $5.1M — Digital content revenues increased 67% year-over-year — Exceeded previous guidance for 3rd Quarter Adjusted EBITDA
Discussion:
@mcallguild, Associated Press and @ctguild
Georg Szalai / Hollywood Reporter:
Sinclair Broadcast Group Q3: revenue was up 37% YoY to $1.54B, net income of $161M, and political ad revenue grew $6M from Q3 2019 to $109M — “While core advertising trends in our broadcast segment continue to face challenges due to the pandemic, we did see improvement as we moved through the quarter."
Discussion:
Deadline, FTVLive, @thr, Sportico.com and stockhouse
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