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, @sangernyt, @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, @jameskmcauley, The Wrap and bookforum.com
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, The Wrap, @nxthompson, Media Matters for America, @doree, @gzornick, Mediaite, @vanityfair, Slate, Al Jazeera, New Republic, Breitbart, Mediaite, The Guardian, The Daily Beast, Nieman Lab, Poynter, Raw Story, The Week, The Federalist, UPROXX, Vanity Fair, Business Insider, Common Dreams, The Daily Caller, @froomkin, @dougsaunders, @froomkin, @popehat, @sivavaid, @willoremus, @willoremus, @willoremus, @nycsouthpaw, @bobcesca_go, @perryvandell, @elaheizadi, @murphymike, @wyethwire, @brizzyc, @vanbadham, @mattdpearce, @kibblesmith, @yashar, @sarahellison, @tomgara, Variety, The Hill, The Daily Beast 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.
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
Discussion:
Columbia Journalism Review, @fmanjoo, Washington Post, Washington Post, Los Angeles Times, Media Matters for America, Vanity Fair, @hotlinejosh, @lyta_gold, @ckrewson, @davidcorndc, @timmurtaugh, @mmasnick, @tomlondon6, @tiltowl, @raminsetoodeh, @joshsternberg and Columbia Journalism Review
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
Discussion:
Variety, Associated Press, @benyt, Reuters, Mediaite, TVNewser, Politico, @ryanjreilly, @bartongellman, @pt, @bruceholsinger, @alexstamos, @oliverbbackes, @opinion_joe, @emilybell, @kevincarey1, @aravosis, @peterbeinart, @qjurecic, @samthielman, @ezraklein, @oneunderscore__, @chrismegerian, @michaelkruse, Vanity Fair, Crikey, The Daily Beast, Media Matters for America and Washington Post
Oliver Darcy / CNN:
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, The Guardian, Salon, Business Insider, @domdifurio, Reuters, Columbia Journalism Review, @nichcarlson, @hshaban, @cliffordlevy, @schwindter, @katyturnbc, @hshaban, @dansinker, @jeremymbarr, @brianstelter, @joepompeo, @mlcalderone, @reckless, @brendannyhan, @nycjim, @joesims10, @mikeykaynyc, @oliviafaix, @oliviafaix, @brianstelter, @dangillmor, @oliverdarcy, MTV, New York Times, Raw Story, KDFX-TV, The A.V. Club and The Guardian
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:
@saraheneedleman and @dnvolz, more at Techmeme »
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.
Discussion:
TVNewser, ESPN Press Room U.S., New York Post, KDFX-TV, New York Times, Associated Press, Awful Announcing, @loudmouthjulia, Bloomberg, @benmullin and The Athletic
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, Media Matters for America, @caseynewton, @kevinroose, Business Insider, CNET, @megancgraham, @risj_oxford, hatemail, Protocol, @nbcnews, @megancgraham, The Week, @gloria_sin, @jenn_elias, @bobshrum, @jsrailton, INSIDER, @walldo, @yoda, @marietjeschaake, @yoda, @caseynewton, @bermanjeff, @thatjpwing, @gaywonk, @mattortega, @mattortega, @mattortega, @kevinroose, @meganclasen, @jon_alper, @loudmouthjulia, @katzonearth, @cwarzel, CNN, @random_walker, New York Times, ScreenRant, TechCrunch, The Verge, INSIDER, @kattenbarge, @gavreilly and 9to5Mac, 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 …
@kerrymflynn:
Memo: Jonah Peretti says BuzzFeed will be profitable for 2020 despite the pandemic and employees affected by earlier salary cuts will get “restoration payments” — Last month, WSJ reported BuzzFeed was “on target to break even this year for the first time since 2014”: https://www.wsj.com/... Today, CEO Jonah Peretti told staff BuzzFeed reached profitability + all staffers affected by graduated salary reductions will have salaries restored https://twitter.com/...
Discussion:
@kerrymflynn and @kerrymflynn
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:
MediaPost, The Wrap, Fast Company, @onejarednewman, Cord Cutters News, Light Reading and @thestreamable
Elaine Low / Variety:
Roku beats in Q3 with revenue of $451.7M, up 73% YoY, vs. $367.8M est., active accounts up 43% YoY to 46M, monetized video ad impressions up nearly 90% YoY — Active accounts popped by 43% to 46 million, according to the company, while streaming hours rose 54% to 14.8 billion.
Discussion:
The Streamable, Radio & Television …, The Wrap and Roku
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
Janko Roettgers / Protocol:
Loupe, which takes a 30% cut of sales of prints of paintings and photos it shows as slideshows on Pluto TV and others, says it'll have 2M viewers by end of 2020 — Good morning, and welcome to Protocol Next Up, a weekly newsletter about the future of technology and entertainment.
Discussion:
MediaPost, New York Post and @anthony
Anthony Ha / TechCrunch:
Vimeo raises $150M, says revenue grew 44% YoY to $75.1M in Q3, it has 1.5M paying subscribers, 3,500+ enterprise clients, is contemplating a spin-off from IAC — Vimeo has raised $150 million in new equity funding, announced in conjunction with the third quarter earnings of its parent company IAC.
Discussion:
CNBC
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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