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8:41 AM ET, November 6, 2020

Mediagazer

 Top News: 
New York Times:
ABC, CBS, NBC, and MSNBC cut away from Trump's news conference on Thursday to correct his many false claims, while CNN and Fox News carried it live  —  Fox News and CNN stuck with the White House news conference, but reported afterward that the president offered no evidence for his accusations of vote fraud.
Devin Coldewey / TechCrunch:
Twitter permanently bans Steve Bannon's @WarRoomPandemic and YouTube pulls episode of his show after he called for execution of FBI director Wray and Dr. Fauci  —  Former Presidential advisor and right-wing pundit Steve Bannon had his show suspended from Twitter and an episode removed …
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 …
Lucas Shaw / Bloomberg:
ViacomCBS says Q3 domestic streaming revenue rose 56% YoY to $636M with 17.9M subscribers, up 72% YoY; Pluto TV MAUs reached 28.4M, up 57% YoY  —  ViacomCBS Inc. reported strong growth at its three streaming services, a sign it is well-positioned as audiences shift online from its bread-and-butter business of pay TV.
Brian Steinberg / Variety:
Discovery Q3: net income rises to $300M from $262M on revenue of $2.6B, down 4% YoY; CEO says new streaming service will be unveiled in December  —  Discovery plans to offer full details on its soon-to-launch streaming service in December, the company's top executive said Thursday …
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.
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.
Discussion: Deadline and The Wrap
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.
RELATED:
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
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 …
@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/...
 
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 Earlier Picks: 
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
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
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
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