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10:55 PM ET, October 3, 2021

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 Top News: 
Ben Smith / New York Times:
How the charm of Ozy's chief, Carlos Watson, helped persuade investors into putting millions toward a media dream before conducting sufficient due diligence  —  The story behind the story is about the elite investors who plowed millions into a media dream without much due diligence, persuaded by the charm of Ozy's head, Carlos Watson.
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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
Discussion: @hunterw, Look What You Made Me Do, @karidotpeters, @shortformernie, @jayrosen_nyu, So, What's the Big News ?, @moorehn, @hunterw, Gizmodo, @pomeranian99, @patrick_hruby, @om, @katie_robertson, @danilic, CNBC, @charukasturi, @charukasturi, @charukasturi, @charukasturi, @charukasturi, @charukasturi, @charukasturi, @charukasturi, @sharonwaxman, @sharonwaxman, @sharonwaxman, @sharonwaxman, @mmasnick, @clarajeffery, Protocol, @rafat, @sharonwaxman, @danielpmalloy, @jayrosen_nyu, @katie_robertson, @thekeenanwire, @maghielse, @byronyork, @nancyromm, @markyarm, @rachelmetz, @jeffjarvis, @kerrymflynn, @film_girl, @mikeorren, @petersterne, @jbenton, @petersterne, @alexweprin, @danprimack, @geedee215, @sarafischer, @edmundlee, @aaschapiro, @megan, @film_girl, @charlesarthur, @backlon, @timkawakami, @sarafischer, @harrymccracken, @bgrueskin, @glennf, @danprimack, @charlesarthur, @alexweprin, @ashleyfeinberg, @axios, @tweetermeyer, @sarafischer, @film_girl, @genepark, @megan, @ejacqui, @sharonwaxman, @danprimack, @jasonschreier, @marceelias, @jatayler, @daveweigel, @hayesbrown, @daveweigel, @juliacarriew, @sarafischer, @thedavidmurphy, @neontaster, @louoftheville, @jbillinson, @davidfolkenflik, @joshuatopolsky, @reckless, @mikeisaac, @nichcarlson, @benedictevans, @sree, @bigblackjacobin, @robtornoe, @wsteaks, @deray, @jbarro, @pamelacolloff, @neontaster, @timjhogan, @kromandavid, @danielnazer, @britnidwrites, @dougheye, @daveleeft, @mimms, @nycsouthpaw, @rebeccajarvis, Insider, @jonathanvswan, The Signal, @ashleyfeinberg, TVNewser and Associated Press
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  —  Good people quit good jobs to join Ozy Media.  They believed in its mission, its leadership and its potential for wealth creation.
David Folkenflik / NPR:
Ozy CEO Carlos Watson resigns as a corporate director of NPR, just before the board's governance committee meeting 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
Todd Spangler / Variety:
YouTube TV and NBCUniversal renew their carriage deal; YouTube TV's price will remain the same and Peacock Premium will not be bundled with the service  —  YouTube TV said the price of the internet-television package will remain the same.  In reaching the carriage renewal …
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Angela Watercutter / Wired:
The dustup between YouTube TV and NBCUniversal serves as a harbinger that bundling and contract disputes for streaming could be similar to cable TV disputes
Clark Merrefield / Nieman Lab:
Studies show the enduring influence of local TV news, still among the most trusted ways US residents get news, and examine tech's impact and Sinclair's growth  —  There is no shortage of surveys indicating many Americans don't trust the news media.  The U.S. registers the lowest levels …
Dan Froomkin / Press Watch:
NYT's Congressional coverage once again overhyped conflict among Democrats and reached subjective, unsupported conclusions  —  Sometimes, the political reporters at the New York Times really tip their hands.  —  Today is such a day.  —  The House Democratic leadership on Thursday blew …
Angela Fu / Poynter:
Several current and former Gannett journalists share stories about unpaid overtime, after NewsGuild said it was investigating Gannett's workplace culture  —  The NewsGuild is investigating the issue and asking all Gannett employees to fill out a survey reporting unpaid work
Brandon Katz / Observer:
A look at Apple's TV+ progress and strategy as it navigates a crowded streaming video market  —  Why Apple TV+ isn't necessarily competing with Netflix.  —  Nearly two years after launching Apple TV+ in November of 2019, Apple has remained notoriously secretive about its fledgling streaming service.
Kim Cross / Nieman Storyboard:
Q&A with The Atlantic's Ed Yong on interviewing sources that range from top scientists to the hands-on nurse in a hospital during the pandemic  —  Pulitzer Prize winner Ed Yong of The Atlantic takes the same open approach with COVID scientists and frontline nurses
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!
 
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 More News: 
Charlotte Tobitt / Press Gazette:
Hearst UK reports a pre-tax loss of £13.4M in 2020 due to COVID-19, has laid off up to a fifth of its staff in 2021, and shut down Town & Country UK
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
 Earlier Picks: 
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
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
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