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11:45 PM ET, October 1, 2021

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 Top News: 
Ben Smith / New York Times:
Ozy Media says it is shutting down, after coming under scrutiny for its business practices in recent days  —  The digital media start-up had come under scrutiny for its business practices in recent days following articles in The Times.  — Read in app
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RELATED:
David Folkenflik / NPR:
Ozy CEO Carlos Watson resigns as a corporate director of NPR, just before the board's governance committee had been set to meet to weigh his future with NPR  —  Carlos Watson resigned as a corporate director of NPR on Friday after the spectacular public meltdown of the digital media company that he leads and co-founded.
Ben Smith / New York Times:
Ozy built a TV interview show for CEO Carlos Watson based on false claims it was for A&E and that it would then be a YouTube Original, its ex-producer says  —  Producers say they were led to believe they were making a talk show for A&E, which said no to the program.
Axios:
Axel Springer says it gave up its Ozy board seat after investing $300K in its Series C in 2019, but Ozy listed Axel's rep as a director in a July 2021 filing
Kerry Flynn / CNN:
Some former Ozy employees say they were overworked to the point of exhaustion: “They brought in very talented, motivated, excited people and just used them up”
Brian Schwartz / CNBC:
Sharon Osbourne says Carlos Watson lied in a 2019 TV interview when he said Ozzy and Sharon invested in Ozy Media, after the Osbournes settled a trademark suit
Sebastian Murdock / HuffPost:
Judge issues default judgments against Alex Jones in two Sandy Hook cases for routinely failing to comply with requests, making him liable for all damages  —  A judge issued default judgments — a rarity in the legal world — against Jones and Infowars after the conspiracy theorist failed to produce discovery records.
RELATED:
Josef Adalian / Vulture:
South Korean show Squid Game, topping Netflix charts in 90 countries, vindicates Netflix's strategy of creating franchises using content from around the world  —  At your service.  —  This story also ran in Buffering, Vulture's newsletter about the streaming industry.  Head to vulture.com/buffering and subscribe today!
Sara Fischer / Axios:
Substack is launching paid month-long stints for “writers in residence”, putting a spotlight on a new Substack user as they build their newsletter  —  Substack is launching a “Writer in Residence” program that will spotlight one new creator throughout their journey in building a Substack for one month.
William Turvill / Press Gazette:
An in-depth look at Google's News Showcase deals; sources: Australian outlets got better offers than outlets in other countries due to political pressure  —  It is one year this week since Google launched News Showcase, an aggregation service with a $1bn budget to spend with the global journalism industry.
Joyce Lee / Reuters:
South Korean ISP sues Netflix over costs for traffic surge from hit shows, after a court said Netflix should “reasonably” pay ISPs for network usage  —  South Korean Internet service provider SK Broadband has sued Netflix (NFLX.O) to pay for costs from increased network traffic …
Keith Zhai / Wall Street Journal:
Chinese citizen journalist Chen Qiushi, whose videos showed Wuhan at the outset of the COVID outbreak, reappears more than 600 days after going missing  —  Chen Qiushi, whose viral videos offered a rare view from the coronavirus epicenter, reappeared on Twitter and YouTube but offered few details of his disappearance
Charlotte Tobitt / Press Gazette:
Hearst UK reports a pre-tax loss of £13.4M in 2020 due to COVID, has laid off up to a fifth of its staff in 2021, and shut down Town & Country UK  —  The parent of magazine publisher Hearst UK has revealed pre-tax losses of £13.4m for 2020 due to the challenges of the Covid-19 pandemic.
Allison Schiff / AdExchanger:
Facebook to update pre-campaign audience estimates to be less specific, showing a range instead of a number, after backlash for overestimating audience numbers  —  Pre-campaign reach estimates on Facebook are about to get less precise - on purpose.  —  In the coming weeks …
 
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 More News: 
Ashley Carman / The Verge:
Clubhouse announces several features, including Clips, letting listeners snip 30 seconds of audio, and Replay, which lets hosts record a room
Dominic Patten / Deadline:
Scarlett Johansson and Disney settle the lawsuit over her pay for Black Widow, released on Disney+ at the same time as in theaters; source: deal is worth $40M+
 Earlier Picks: 
Sara Fischer / Axios:
NYT hires Lulu Garcia-Navarro, formerly host of NPR's Weekend Edition Sunday and Up Next, to anchor a new Opinion podcast
Bethany Allen-Ebrahimian / Axios:
LinkedIn blocks the profiles of several US journalists on its Chinese platform, citing “prohibited content” without specifying what it was