Top News:
Sarah Perez / TechCrunch:
Snap announces Spotlight, a vertically scrollable TikTok-like feed inside Snapchat, and will pay $1M every day to users who create the top Snaps through 2020 — After taking on TikTok with music-powered features last month, Snapchat this morning is officially launching a dedicated place within …
Discussion:
Snap Inc., @mtzler, Variety, CNN, @alexeheath, contextisking.com, @carnage4life, @juliet_shen, @mattnavarra, @kerrymflynn, @markghuneim, @scottbelsky, Garbage Day, @ourielohayon, Adweek, The Wrap, Business Insider, Bloomberg, @lanceulanoff, @marklittlenews, Ad Age, @garettsloane, Axios, BBC, @sarafischer, Fast Company, @kwong47, @danprimack and The Week, more at Techmeme »
Laura Forman / Wall Street Journal:
Analysis: Facebook and Instagram ads appear to be reaching a saturation point after the number of ads served rose by a quarterly average of ~30% YoY since Q3'15 — Spending big money to make big money in the ad business may no longer be on the table inside Facebook's network
Discussion:
@marklittlenews, @hoofnagle, @tariqkrim, @eliotwb, @wsj, @randfish and @swodinsky, more at Techmeme »
Tiffany Hsu / New York Times:
Nonprofit ad group Ad Council is planning a $50M campaign to promote COVID-19 vaccines to skeptical Americans, after a similar polio campaign in the 1950s — The nonprofit marketing group led a polio vaccine campaign in the 1950s. Now it is working on a $50 million ad blitz to counter concerns about coming treatments.
Discussion:
MediaPost, @john_bailey, Ad Age, @skollfoundation, @tiffkhsu, @billburton and AgencySpy
Ben Smith / New York Times:
A look at Biden's relationship with the news media and writer Jon Meacham, as his presidency promises to do for newspaper columns what Trump did for cable — The next president promises to do for old-line newspaper columnists what Donald Trump did for cable. What a time to be George Will!
Discussion:
The Daily Beast, @jon_allsop, Politico, NBC News, TMZ.com, @catherine_lucey, @azi, @cliffordlevy, @miriamelder, @edokeefe, @ewong, @davidclinchnews, @dhume, @debrajsaunders, @dicktofel, @raju, @ckrewson, @benyt and NPR
Hunter Walk / Medium:
Paid newsletters won't bring in enough money on their own for most writers, but creators can have multiple SKUs like podcasts, speaking gigs, and book deals — A number of reporters and columnists these days are “going indie,” detaching from their previous employer and signing up with a site like Substack …
Discussion:
@caseynewton, @sachinrekhi, @davezatz, @alex, @edbott, @ericnewcomer, @ljin18, @taylorlorenz, @jaycodon, @blakeir, @carnage4life, @hunterwalk and contextisking.com
Renée DiResta / The Atlantic:
Trump's clear election loss has widened the split in the right-wing online information ecosystem between those that choose reality and those that choose Trump — When Fox News called Arizona for Democrat Joe Biden shortly after the polls closed there on Election Night, right-wing social media erupted in fury.
Discussion:
Washington Post, @noupside, @jeffreygoldberg, @ma_franks, @adamgoldmannyt, @karaswisher and Business Insider, more at Techmeme »
Drew Armstrong / Bloomberg:
A look at Covid Tracking Project, started by three journalists, with The Atlantic providing legal, comms, and tech support, to track the US spread of COVID-19 — At the start of 2020, Amanda French was in between academic jobs. Her mother had died about a year earlier, and she'd taken time off to help settle her affairs.
Discussion:
@armstrongdrew, @alexismadrigal, @maxcroser, @adriennelaf and @edyong209
New York Times:
Profile of Newsmax, which has become an unusual tribune for Trump's baseless accusations of voter fraud and whose owner is a longtime friend of the president — A once-niche conservative cable network, owned by a longtime friend of the president, lures audiences by refusing to declare an electoral winner.
Discussion:
Columbia Journalism Review, The Daily Beast, The Week, @mark_histed, Poynter, @nytimes, @benyt, @jayrosen_nyu and @oliverdarcy
Elaine Low / Variety:
Netflix says it will expand its footprint in New Mexico's ABQ Studios and pledges to spend an additional $1B on production there — Netflix is expanding its footprint in New Mexico, announcing Monday that it is expanding ABQ Studios and pledging an additional $1 billion in production spending there.
Discussion:
TechCrunch, Hollywood Reporter, @cofalt and The Wrap
Sam Adams / Slate:
A breakdown of why streaming can't fill the void left by struggling movie theaters, which are on the brink as major film releases have been pushed back to 2021 — In the streaming video era, movie theaters have increasingly been framed as an archaic institution, a vestigial remnant of the days …
Discussion:
New York Times, @thetarotlady, @samitsarkar, @suchin545, @movie_theaters and Esta semana escribí …
Joshua Benton / Nieman Lab:
Apple now allows up to 10 different active offers per in-app subscription, allowing publishers to offer targeted discounts through their iPhone and iPad apps — Want to offer a special introductory rate for students and educators? Superfans of your local football team?
Discussion:
MediaPost
Peter White / Deadline:
Walt Disney Television CFO and president of business operations Ravi Ahuja is stepping down — Ravi Ahuja, who is president of business operations and chief financial officer at Walt Disney Television, is stepping down. — Ahuja, who was formerly CFO of Fox Networks Group, took the position after Disney's acquisition of Fox.
Discussion:
Variety and Hollywood Reporter
Charlotte Tobitt / Press Gazette:
UK's DMGT reports full-year results: revenue down 10% YoY to £1.2B, pre-tax profits dropped 36% YoY to £72M, and ad revenue fell 9% YoY to £231M — Mail Online grew revenues by 3% in the year to September despite Covid-19 hammering other parts of the business.
Discussion:
Financial Times, Reuters, Financial Times and Exhibition World
Alex Weprin / Hollywood Reporter:
Fox News Media will debut is first original Christmas movie this year on Fox Nation, with cameos from Fox & Friends co-hosts Steve Doocy and Ainsley Earhardt — Fox Nation will debut an original movie, ‘Christmas in the Rockies,’ as it expands its original entertainment programming slate …
Discussion:
The Wrap, @jbflint, @gregghoush, @alexweprin, @scottnover, Variety, nexttv.com and Mediaite
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