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12:50 PM ET, April 22, 2021

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 Top News: 
Todd Spangler / Variety:
AT&T Q1: WarnerMedia revenue was $8.5B, up 9.8% YoY; DTC subscription revenue was $1.8B, up 35.3% YoY; HBO Max/HBO added 2.7M subscribers for a total of 44.2M  —  As of the end of March, HBO Max/HBO combined had 44.2 million domestic customers, up 2.7 million from 41.5 million at the end of 2020.
Financial Times:
Sources: Apple plans to expand its ad business and add a second ad slot in the App Store search page even as it introduces privacy rules crippling ads by rivals  —  New privacy rules deal a huge blow to how the mobile advertising industry works  —  Apple will expand its advertising business …
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Ben Thompson / Stratechery:
Apple's Podcasts Subscriptions is costly but offers a great Apple-controlled customer experience that could reduce subscriber churn and boost conversion rates  —  There was a bit of a brouhaha a couple of weeks ago when Senators Amy Klobuchar and Mike Lee sent a letter to Apple accusing …
New York Times:
W.W. Norton stops shipments of a Philip Roth biography after claims the writer, Blake Bailey, groomed his students; two women say he sexually assaulted them  —  W.W. Norton, citing the accusations that the author, Blake Bailey, faces, said it would stop shipping and promoting his new best-selling book.
Katie Robertson / New York Times:
NYT says it won't voluntarily recognize the NYT tech workers' union, telling it to put the effort to a formal vote through the NLRB  —  The company said that, for now, it would not recognize a newly formed union representing more than 650 Times employees.  —  The New York Times Company …
Reuters News Agency:
Reuters has appointed Gina Chua as executive editor, reporting to EIC Alessandra Galloni; Chua has been EIC of the South China Morning Post and The Asian WSJ  —  Reuters, the world's largest multimedia news provider, announced today that Gina Chua has been appointed executive editor.
Ryan Tracy / Wall Street Journal:
During confirmation hearing, FTC nominee Lina Khan says she supports an FTC review of the impact Google and Facebook have had on the journalism industry  —  Sen. Cruz ‘looks forward’ to working with Lina Khan, but other Republicans question her views and experience
Anthony Ha / TechCrunch:
Facebook says there are 2B+ users each month watching videos eligible for in-stream ads and is starting a test of targeting by topic for in-stream video ads  —  Facebook is announcing some new capabilities for video advertisers on Facebook and Instagram, as well as new numbers about the potential audience that those ads might reach.
Ad Age:
Global Alliance for Responsible Media report shows gaps remain in how Facebook, Instagram, YouTube, and other social media platforms disclose harmful content  —  TikTok, Snapchat, Pinterest and Twitter also submit insights about harmful content in a closely-watched industry study on brand safety
 
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 More News: 
Cynthia Littleton / Variety:
Disney and Sony Pictures to bring Marvel films and other properties to Disney Plus starting with Sony's 2022 slate; titles go to Netflix, then Disney
Elizabeth Williamson / New York Times:
A look at Knowledge Fight, a podcast started in 2017 to mock Alex Jones that grew into a profitable enterprise and is now chronicling Jones' downward spiral