Mediagazer: Business outlet Industry Dive, which expects ~30% profit margins and $80M in revenue in 2021, buys trade pub PharmaVOICE, its fourth acquisition in 18 months (Sara Fischer/Axios)

6:55 PM ET, September 21, 2021

Top News:

Fortune hires Alyson Shontell, previously the number two editor at Insider, as editor-in-chief, reporting to CEO Alan Murray starting October 6 — Digital-media veteran plans to focus on increasing business magazine's online readership and subscriptions — Fortune hired digital-media …

Discussion: Fortune, Axios, @benmullin, @ajs, @joannelipman, @jyarow, @alansmurray, @gamoid, @thestalwart, @benparr, @dgisserious, @jessicalessin, @brianstelter, @bizcarson, @danprimack, @msquinn, @rebeccajarvis, @ajflax, @nichcarlson, @benmullin, @leaninorg, Talking Biz News and The Wrap

Panyi Szabolcs / Direkt36:

Photojournalist Dániel Németh is the latest to join the list of Hungarian journalists surveilled using Pegasus spyware, very likely by state actors — Have a good story? Contact us! — On June 24, 2021 in Amalfi, near Naples in Southern Italy, Lő …

Discussion: The Guardian, @jsrailton, @dangillmor, @evacide, @skirchy, @botherder, @hneumannmep, @talkopan, @skirchy, @jsrailton and @jsrailton

Knight Foundation:

Survey: adults 18 to 34 years old care most about outlets' transparency and fact-checking; older adults care deeply about reputation and “no political slant” — - Differences in citizens' trust in the national media and attitudes about the media's role in democracy vary not just by political partisanship but age as well.

Discussion: @gallupnews, Nieman Lab and @knightfdn

Corin Faife / The Markup:

Analysis: Facebook appears to be adding code to interfere with automated data collection of News Feed posts by journalists and researchers — The tweak, which targets the code in accessibility features for visually impaired users, drew ire from researchers and those who monitor the platform

Discussion: Engadget, @mattblaze, Gizmodo, @corintxt, @lauraedelson2, @suryamattu, @juliaangwin and @tonyromm, more at Techmeme »

Andy Meek / Forbes:

Maven, owner of Sports Illustrated and TheStreet, rebrands as The Arena Group and says it's generated $142M in revenue in the year ending on June 30, up 53% YoY — 2021 has proven to be one of the most consequential in recent memory for the publishing company behind Sports Illustrated …

Discussion: Digiday

Sara Fischer / Axios:

Local newsletter network 6AM City raises $5M+, is expecting $5M in revenue this year, and plans to have launched in 24 cities by Thanksgiving — 6AM City, a newsletter-driven local news company, has raised a new round of funding north of $5 million, Axios has learned.

Discussion: GlobeNewswire News Room, @samhoisington, Poynter, @wihbey, @hksperl, @michael_mazzara, @6amcity, @dankennedy_nu, @ryanheafy and @axios

Dade Hayes / Deadline:

ViacomCBS bundles Paramount+ and Showtime for a promotional price of $10/month with ads and $13/month without — ViacomCBS has officially begun marketing Paramount+ and Showtime's streaming service as a combined offering, with an initial promotion starting at $10 a month.

Sara Fischer / Axios:

Business outlet Industry Dive, which expects ~30% profit margins and $80M in revenue in 2021, buys trade pub PharmaVOICE, its fourth acquisition in 18 months — Industry Dive, a Washington, D.C.-based business journalism outlet, is acquiring PharmaVOICE, a trade publication …

Discussion: @seangriffey, @seangriffey, @sarafischer and Talking Biz News

Tatiana Cirisano / Billboard:

Twitch and NMPA reach deal after tensions over takedown notices; sources: deal doesn't include music licenses, and Twitch will issue warnings before suspensions — Twitch and the National Music Publishers' Association (NMPA) have reached a long-awaited agreement focused on building …

Discussion: Forbes, Variety, Tubefilter, The Verge, @verge, @devolore, GameSpot, Music Business Worldwide and @colinstutz, more at Techmeme »

Mark Stenberg / Adweek:

When Politico announced a new feature, Congress Minutes, someone else bought CongressMinutes.com the same day, pointing to rival Punchbowl News — On Monday, Adweek received a tip that a new Politico initiative, Congress Minutes, has been the subject of a mysterious act of cyber sabotage.

Discussion: @markstenberg3 and @markstenberg3

Todd Spangler / Variety:

Disney CEO Bob Chapek says Disney+ global subscriber growth slowed this quarter, citing production delays and challenges for Latin America's Star Plus launch — Disney Plus global paid subscribers will increase by “low single-digit millions of subscribers” for the quarter ending September 2021, Disney CEO Bob Chapek said.

Discussion: The Wrap, MediaPost, Ad Age, The Wrap, The Streamable, Insider, The Verge, @richlightshed, CNBC, Deadline, @richlightshed, Hollywood Reporter and @richlightshed

Sara Fischer / Axios:

Minute Media, owner of The Players' Tribune and The Big Lead, says it has raised “tens of millions of dollars” with FanDuel participating in the round — Minute Media has raised “tens of millions of dollars” in a previously unreported funding round, with participation …

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Matthew Keys / FierceVideo:
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Dina Temple-Raston / The Record:
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Lucas Shaw / Bloomberg:
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Tom Maxwell / Input:
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Financial Times:
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John Jurgensen / Wall Street Journal:
The Emmys were a crowning moment of the streaming era, at the expense of broadcast and cable networks, and drew 7.4M viewers, up 16% from last year

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Dade Hayes / Deadline:
Nielsen is shifting to impressions-based buying and selling in local markets and integrating broadband-only homes in local measurements starting in January 2022

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Earlier Picks:

Natasha Turak / CNBC:
Universal Music Group shares rose by about 36% in its market debut in Amsterdam, valuing the company at over €46B, after being spun off from Vivendi

Discussion: Los Angeles Times, Variety, Music Business Worldwide, @runciedan, @lesliepicker, @runciedan, The Guardian, Billboard, Forbes, The Times, Financial Times, The Guardian, Billboard, Rolling Stone and Variety

Amit Gurbaxani / Billboard:
Gaana, India's leading music streaming service, has seen low paid sub growth; India's audio streaming market is 38% ad-supported, behind only China, Venezuela

Discussion: musically.com and Entrackr

Michael King / The Streamable:
Local US news stations are exploring streaming, often affixing a “plus” to their names, as they look for new ways to generate viewers and revenue

Discussion: @aaronkearneyaus, @michellemanafy and American Press Institute

Emily Bell / The Guardian:
Murdoch's launch of talkTV, featuring a Piers Morgan nightly show, is as much about opportunism and competing with low-production cost rivals as it is ideology

Discussion: @risj_oxford, @hondanhon, @emilybell and Gawker

Lisa Richwine / Reuters:
Netflix launches a free plan in Kenya with a quarter of the content from its paid plans, available only on Android phones

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Pew Research Center:
Survey: 47% of US Facebook users regularly get news on the platform, down from 54% in 2020; 29% of US TikTok users regularly get news from the app, up from 22%

Washington Post:
The Washington Post announces 41 new editing roles, including two deputy managing editors to the masthead

From Techmeme:

Mark Gurman / Bloomberg:
Sources: Apple is working on a smart doorbell system with advanced facial recognition that can wirelessly connect and unlock third-party smart locks

Paresh Dave / Wired:
Google says it wouldn't force its device makers, browser, and wireless carrier licensees to distribute Gemini to US users for three years, in a proposed remedy

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

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