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, @robinwigg, @dansaltzstein, @mattyglesias, @kupersimon, @jyarow, @arctictony, @raju, @sona, @claireatki, @markghuneim, @kerrymflynn, @griner, @kerrymflynn, @nytimespr, @sangernyt, @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, @nxthompson, @gzornick, Mediaite, @doree, Media Matters for America, @vanityfair, Slate, The Guardian, Al Jazeera, New Republic, Breitbart, Mediaite, The Daily Beast, Raw Story, Poynter, UPROXX, Vanity Fair, The Week, Salon, The Federalist, 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 Wrap, 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.
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, Mediaite, Reuters, 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
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
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, Mediaite, Business Insider, @domdifurio, @davidfolkenflik, Reuters, Columbia Journalism Review, @nichcarlson, @hshaban, @cliffordlevy, @schwindter, @katyturnbc, @hshaban, @dansinker, @jeremymbarr, @willoremus, @brianstelter, @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
Natasha Lomas / TechCrunch:
Data privacy campaigners file a legal challenge against ICO, the UK's data protection watchdog, arguing data use in ad tech remains a systemic problem — The UK's data watchdog is facing a legal challenge after it took the decision to quietly close a complaint against the adtech industry's …
Discussion:
Politico, @jimkillock, @jimkillock and @mikarv
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, Awful Announcing, @loudmouthjulia, Bloomberg, Associated Press, @benmullin and The Athletic
Rebecca Rubin / Variety:
Disney to lay off 50+ employees drawn from studio marketing, its NY-based theatrical unit, and Searchlight Pictures, also cuts several hundred open positions — Disney has enacted more layoffs, impacting more than 50 employees in the studio's marketing group, the NY-based theatrical division and Searchlight Pictures.
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
Jill Goldsmith / Deadline:
Lionsgate reports a net loss of $18.4M on revenue of $745M, down 20% from $938M YoY, and announces layoffs affecting 15% of its global motion pictures group — UPDATED from conference call: Lionsgate revenue dipped to $745 million last quarter, down 20% from $938 million the year earlier …
Discussion:
The Wrap, Variety, The Streamable, Deadline, investors.lionsgate.com and Variety
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
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
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:
FTVLive, Deadline, @thr, Sportico.com and stockhouse
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