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:
@gerryfsmith, Nieman Lab, Business Wire, Politico, @nytimespr, @edmundlee, @robinwigg, @dansaltzstein, @mattyglesias, MediaPost, @kupersimon, @jyarow, @arctictony, @raju, @sona, @claireatki, @niemanlab, @markghuneim, @kerrymflynn, @griner, @kerrymflynn, @sangernyt, @genepark, @marclacey, @jayrosen_nyu, @joshsternberg, @richlightshed, @hblodget, @jameskmcauley, The Wrap, Talking Biz News, bookforum.com and The Rebooting
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:
Washington Post, Variety, Variety, CNN, Business Insider, @karaswisher, The Guardian and Vulture
RELATED:
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
Discussion:
Washington Post, Arizona Republic, The Wrap, @nxthompson, @gzornick, @doree, @vanityfair, Reuters, The Guardian, Mediaite, MEL Magazine, Slate, Mediaite, UPROXX, New Republic, Breitbart, Poynter, The Daily Beast, The Week, Media Matters for America, The Federalist, Business Insider, Common Dreams, The Daily Caller, CNN, @dougsaunders, Raw Story, Vanity Fair, @froomkin, @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
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:
Associated Press, @benyt, New York Times, Variety, Mediaite, Crikey, Reuters, Politico, Popular Information, @ryanjreilly, @bartongellman, @pt, @bruceholsinger, @alexstamos, @oliverbbackes, @opinion_joe, @emilybell, @kevincarey1, @aravosis, @peterbeinart, @qjurecic, @samthielman, @ezraklein, @oneunderscore__, @chrismegerian, @michaelkruse, Vanity Fair, TVNewser, 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:
@brenthbaker, Business Insider, Mediaite, Salon, @domdifurio, Poynter, @davidfolkenflik, Reuters, @nichcarlson, @hshaban, @cliffordlevy, @schwindter, @katyturnbc, @hshaban, @dansinker, @jeremymbarr, @willoremus, Columbia Journalism Review, @brianstelter, @joepompeo, @mlcalderone, @reckless, @brendannyhan, @nycjim, @joesims10, @mikeykaynyc, @oliviafaix, @oliviafaix, @brianstelter, @dangillmor, @oliverdarcy, The Guardian, MTV, Raw Story, KDFX-TV, The A.V. Club and New York Times
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, @mikarv, @jimkillock and @jimkillock
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.
Sameer Yasir / New York Times:
As India falls two places on the global press freedom index, Arnab Goswami, an anchor of India's Republic TV, has been detained on charges of abetting a suicide — The conservative anchor Arnab Goswami was detained on charges of abetting a suicide in Mumbai, where an opposition party is in power.
Discussion:
@sudhanshutrived, The Indian Express, Committee to Protect …, The Guardian and @penamerica
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
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:
Cord Cutters News, MediaPost, The Wrap, @thestreamable, Fast Company, @onejarednewman and Light Reading
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 …
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.
@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
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
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, investors.lionsgate.com, Deadline and Variety
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