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:
Business Wire, @gerryfsmith, Politico, MediaPost, Nieman Lab, The Wrap, @edmundlee, bookforum.com, Talking Biz News, @robinwigg, @dansaltzstein, @mattyglesias, @kupersimon, @jyarow, @arctictony, @claireatki, @kerrymflynn, @griner, @kerrymflynn, @nytimespr, @marclacey, @jayrosen_nyu, @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, @nxthompson, @gzornick, Mediaite, @vanityfair, Media Matters for America, Vanity Fair, The Guardian, Business Insider, The Daily Caller, Nieman Lab, UPROXX, CNN, Salon, @willoremus, Reuters, Columbia Journalism Review, @elaheizadi, Poynter, @willoremus, @willoremus, @popehat, @vanbadham, @perryvandell, @murphymike, @bobcesca_go, Common Dreams, Hugo Schwyzer, @froomkin, @sivavaid, @dougsaunders, @wyethwire, @froomkin, @nycsouthpaw, @brizzyc, @mattdpearce, @kibblesmith, @yashar, @sarahellison, @tomgara, Variety, The Wrap, Mediaite, The Daily Beast, The Week, The Hill, Raw Story, The Daily Beast, Vos Iz Neias and Political Wire
RELATED:
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, Vulture, The Daily Caller and NME
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 …
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, Business Insider, Politico, MEL Magazine, Reuters, @ryanjreilly, Variety, @bartongellman, @pt, @bruceholsinger, @alexstamos, @oliverbbackes, @opinion_joe, @emilybell, @kevincarey1, @aravosis, Al Jazeera, @peterbeinart, @qjurecic, @samthielman, @ezraklein, @oneunderscore__, @chrismegerian, @michaelkruse, The Daily Beast, Vanity Fair, Crikey, TVNewser, Media Matters for America, Fox News 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, Columbia Journalism Review, @domdifurio, @nichcarlson, Mediaite, Reuters, @hshaban, @cliffordlevy, @schwindter, @katyturnbc, @hshaban, @dansinker, @jeremymbarr, @willoremus, @brianstelter, @aliamalek, @joepompeo, @mlcalderone, @reckless, @brendannyhan, @nycjim, @joesims10, @mikeykaynyc, @oliviafaix, @oliviafaix, @brianstelter, @dangillmor, @oliverdarcy, New York Times, The Guardian, MTV, Raw Story, The A.V. Club, KDFX-TV and The Guardian
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, Business Insider, @caseynewton, @kevinroose, The Guardian, @megancgraham, INSIDER, @risj_oxford, hatemail, @gloria_sin, @jenn_elias, Protocol, @bobshrum, @nbcnews, @megancgraham, @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, ScreenRant, @random_walker, TechCrunch, The Verge, INSIDER, @kattenbarge, @gavreilly, CNET, 9to5Mac and Bloomberg, 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.
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 »
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:
@thestreamable
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 …
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:
Associated Press, @mcallguild and @ctguild
Gerry Smith / Bloomberg:
Sinclair Broadcast Group wrote down the value of its regional sports networks by $4.23B, after paying $9.6B for them in August 2019 — - Broadcaster paid $9.6 billion for the assets just last year — YouTube and Hulu recently stopped carrying Sinclair's channels
Discussion:
nexttv.com, @bryandfischer and MediaPost
RELATED:
Alexander Fanta / netzpolitik.org:
Google News Initiative has given funding to Rwanda's New Times, which NGOs call a state mouthpiece; it withdrew funding to a similar outlet in Hungary in 2019 — The Google News Initiative writes cheques to media around the globe, including pro-regime newspapers in countries under autocratic rule …
Discussion:
@fantaalexx
Brian Steinberg / Variety:
Advertising Analytics: US presidential candidates spent nearly $247.5M on national TV ads between January 1, 2019, and Election Day, up 200% from 2016 — “The amounts being spent, as compared to 2016, appear to be about two times as much,” says Mark Lieberman, CEO of Viamedia …
Discussion:
@chriskeall and @cmarinucci
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