Top News:
New York Times:
Ozy investor LifeLine sues the outlet, claiming it failed to disclose pertinent information in February, prior to LifeLine's $2M+ investment — A fund manager that invested more than $2 million in Ozy Media filed a lawsuit on Monday, claiming that the company “engaged in fraudulent, deceptive and illegal conduct.”
Discussion:
Insider, New York Magazine, @katie_robertson, New York Times, Deadline, @justinjm1, @benyt, @jbenton, @sruhle, The Daily Beast, @jbenton, @jacq_thomsen, @jpmanga, Newser, @owasow, @benyt, @patrickcoffee, @danprimack, @danprimack, @byjoelanderson, Axios, Gawker, The Wrap, @pomeranian99, The Daily Beast, Mediaite and Bloomberg
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Jessica Bursztynsky / CNBC:
Carlos Watson says Ozy Media is not shutting down after having “good conversations” with investors and advertisers and Friday's announcement was “premature”
Discussion:
New York Times, @todayshow, @benyt, @sarafischer, Nieman Lab, @sarafischer, @brianstelter, @digidave, @hmcghee, Gawker, @laurenwilliams, The Hill, @geedee215, Washington Post, @ezraklein, Columbia Journalism Review, @mccarthyryanj, MarketWatch, @alexweprin, Los Angeles Times, MediaPost, @jason_kint, Poynter, @craigsilverman, @film_girl, @jbarro, @noahshachtman, @sarafischer, @mathewi, @andrewpauljoyce, @maxwelltani, @_cingraham, @brianstelter, @chrislhayes, @kaidiekmann, @jeremymbarr, @neontaster, @benyt, @brianstelter, @joefav, @brianstelter, @sarafischer, @digitalshields, @sarafischer, @chronotope, @kerrymflynn, @marisakabas, @bmorrissey, @digitalshields, @craigsilverman, @sarafischer, CNN, @sarafischer, @jayrosen_nyu, @nycjim, @sherman4949, @phkeane, @alexweprin, @juddlegum, @danprimack, @sherman4949, @alexweprin, @alexyoung, @squawkcnbc, @tomgara, @cnbc, @millie, @sarafischer, Ad Age, Associated Press, Substack, Quartz, Vanity Fair, The Wrap, TVNewser and bookforum.com
Chaim Gartenberg / The Verge:
Twitter is shutting down Scroll in about 30 days, will roll the ad-free subscription web service into its Twitter Blue subscription as Ad-Free Articles — Scroll won't be available as an independent service anymore — Scroll's ad-free subscription web service is shutting down as an independent entity in …
Discussion:
TechCrunch, @kerrymflynn, @chartier and @jackmarshall
Laura Hazard Owen / Nieman Lab:
Daily Mail Online ran a lawyer's full tweet thread as a sidebar to another story, then after he complained, put the tweets into the main story and paid him — On Tuesday Adam Wagner, a British human rights lawyer and law professor, wrote a tweet thread in response to a BBC article …
Discussion:
Daily Mail, BBC, @emilybell, @estherbeadle, @eaton, @b_judah, @laurahazardowen, @michaelroston, @willperrin, @abeaujon, @lisataljard, @quinnypig, @rasmus_kleis, @twlldun, @peterkgeoghegan and @rasmus_kleis
Ethan Millman / Rolling Stone:
Tina Turner sells her music rights and more to BMG, which calls the deal its single largest artist acquisition yet; Warner Music will remain her record company — The company calls the Turner deal — which includes her name, image and likeness — its single largest artist acquisition ever
Discussion:
Variety, Billboard, @achildof2worlds, @tedgioia, @millmanethan, @exavierpope, @marcusjdl, @rdotspoon, @thecosby and The Wrap
Defector:
In annual report, Defector says 80%+ of subscribers are on annual plans, of which ~85% renewed subscriptions, and advertising on Twitter was “very unpleasant” — Purpose of this report — Annual reports are usually created to provide insight into a company's business operations …
Michael Karam / Report for the World:
Report for the World launches in Brazil and partners with two more newsrooms in India and Nigeria, bringing the total corps size to 15 journalists — BOSTON — Report for the World announced today that it has more than doubled the size of its program, less than a year since launching in February …
Discussion:
@report4theworld, @report4theworld, @jengriffinfnc and @khushbuoshea
@theappeal:
[Thread] The Appeal starts a weekly newsletter and says its news site about the criminal legal system will relaunch as a worker-led nonprofit in November — The Appeal is back! Thanks to our generous supporters and the hard work of our transition team, the workers have officially taken over The Appeal. Read our public statement below. Donate to support our relaunch here: https://trypico.com/... https://twitter.com/...
Elizabeth A. Harris / New York Times:
The disruption of global supply chains has reached the publishing industry, causing shipping delays and printer backups, exacerbated by worker shortages — Shipping delays, printer backups and worker shortages are forcing publishers to postpone new titles and leaving booksellers in a lurch for some old ones.
Discussion:
@erinisaway, @princetonupress, @petersgoodman, @nytimesbooks, @studiojjk, bookforum.com, @vermontgmg, @benjysarlin, @nicolesjchung, @johnghendy and @likaluca
Brian Schwartz / CNBC:
The Dallas Morning News rejects a political PAC's ad that criticized Dallas-based AT&T for donating to politicians who backed a strict Texas anti-abortion bill — - The Dallas Morning News won't run an ad calling out AT&T by name over the company's donations to lawmakers who backed …
Discussion:
@maxasteele, @schwartzbcnbc, @caaction2021 and @schwartzbcnbc
Sarah Perez / TechCrunch:
Instagram ditches the IGTV brand and combines IGTV's long-form videos and Instagram Feed videos into a new Instagram Video format; Reels is unaffected — Instagram head Adam Mosseri recently said was “no longer a photo-sharing app,” noting the company was prioritizing a shift …
Discussion:
@mgsiegler, CNET, 9to5Mac, Adweek and The Verge, more at Techmeme »
Kristen Hare / Poynter:
News Revenue Hub, with Google News Initiative support, will release News Revenue Engine as open source software in 2022, with Stripe and Mailchimp integrations — News Revenue Hub and Google News Initiative will release News Revenue Engine early next year — The newsroom part of building …
Discussion:
The Keyword, @dw_grant, MediaPost and News Revenue Hub
Stephanie Rivera / American Press Institute:
A look at the Long Beach Post's experience with a community editorial board, made up of locals and launched in response to a lack of newsroom diversity — Editor's Note: Over the last year or two there has been an increased interest from newsrooms — both corporate-owned and independent …
Discussion:
@spj_tweets and @stephrivera88
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