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1:05 PM ET, October 18, 2021

Mediagazer

 Top News: 
Ben Smith / New York Times:
Docs show Axel Springer faced claims that Bild's workplace culture mixed sex, journalism, and company cash; Axios' Jim VandeHei says merger talks were “sneaky”  —  A high-flying German media giant is ahead on digital media but seems stuck in the past when it comes to the workplace and deal-making.
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Bojan Pancevski / Wall Street Journal:
Axel Springer CEO details plans for Politico, including expanding staff from 900 to 1,000, publishing in several languages, and eventually adding a paywall
Lucas Shaw / Bloomberg:
Internal document: Netflix estimates Squid Game will create almost $900M in value for the company; 87M viewers finished the series in the first 23 days  —  More than 130 million people have watched the Korean show  —  Netflix estimates that its latest megahit, “Squid Game,” …
RELATED:
Zoe Schiffer / The Verge:
Netflix fires a leader of the trans employee resource group who was organizing a walkout, for allegedly leaking metrics related to the Dave Chappelle special
Lucas Shaw / Bloomberg:
Leaked Netflix documents of metrics evaluating shows indicate $24.1M spent on Chappelle's The Closer vs. $21.4M on Squid Game
Catalin Cimpanu / The Record:
In an SEC filing, Sinclair confirms a ransomware attack disrupted its channels on Sunday; Sinclair initially blamed technical issues  —  Sinclair formally confirmed the ransomware attack a day after this initial report in SEC documents.  Original reporting below.
Deadline:
IATSE and AMPTP reach a deal, avoiding a strike that would have shut film and TV production; new contract needs to be ratified by IATSE members  —  EXCLUSIVE: With Hollywood on edge and picket signs at the ready, IATSE and the AMPTP have reached an agreement on a new film and TV contract, averting a threatened nationwide strike.
Patrick McGee / Financial Times:
Analysis: Apple Search Ads now account for 58% of iOS app installs from an ad click, up from 17% a year ago; Apple to earn $5B from its ads business in FY 2021  —  iPhone maker's share of mobile app advertising market has tripled in six months  —  Apple's advertising business has more than tripled …
Tripp Mickle / Wall Street Journal:
A look at YouTube's in-house creator partnerships team, which has over 1,000 employees across 45 countries offering advice and guidance to about 12,000 creators  —  The site has spent more than a decade building an in-house agency for digital superstars, drawing ad sales, sponsorships and other revenue
New York Times:
Profile of Iole Lucchese, a Scholastic exec given control of the company after the sudden death of CEO Dick Robinson; sources say they were romantic partners  —  Iole Lucchese, a senior executive at the publishing company, said she was just as surprised as everyone else to learn she had been handed control of the business.
Bloomberg:
Sources: China is considering asking Tencent, ByteDance, and other media companies to let rivals access and display their content in search results  —  - MIIT may ask Tencent to allow Baidu, others to search WeChat  — If implemented, it could shake up the online advertising arena
Margaret Sullivan / Washington Post:
Todd Spangler / Variety:
Sony Pictures Entertainment to sell GSN Games, a division of Game Show Network, to mobile games company Scopely for about $1B  —  Sony Pictures Entertainment announced a deal to sell GSN Games, a division of Game Show Network, to mobile-games company Scopely for about $1 billion in cash and stock.
Michael King / The Streamable:
Dish files a formal FCC complaint against Tegna, alleging bad faith in the ongoing negotiations over a new carriage deal  —  Dish has filed a formal complaint with the Federal Communications Commission, alleging that Tegna has been acting in bad faith in connection with the ongoing negotiations over a new carriage deal.
Discussion: nexttv.com and Light Reading
 
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 More News: 
Hollywood Reporter:
Netflix leases LA's historic Bay Theater, which closed for the pandemic, and will reopen it starting October 22 for special events and screenings of its films
Priyanjana Bengani / Columbia Journalism Review:
Metric Media, a pink slime operation of 1,200+ local US “news” sites, has ties to founders of the Tea Party movement, Donors Trust, and other right-wing groups
Amanda Meade / The Guardian:
News Corp. CEO Robert Thomson will appear before an Australian Senate inquiry into media diversity; Lachlan Murdoch turned down a request to appear last month
 Earlier Picks: 
Alexandra Steigrad / New York Post:
Disney shares briefly rose ~3% on Friday after a Puck report said the company might spin off ESPN; a Disney source later said the story was inaccurate
Karolle Rabarison / Online Journalism Awards:
2021 Online Journalism Awards winners include The NYT, ProPublica, PublicSource, and Grist; WaPo won for its pandemic coverage
Justin Peters / Slate:
Ben Smith has been transparent about his BuzzFeed stock options, but his shifting divestment deadline and their fluctuating value erode trust in his reporting
Alex Sujong Laughlin / Study Hall:
Social media and audio production are just two of the invisible structures built to prop up a select few voices
 

 
From Techmeme:

Andy Greenberg / Wired:
Cisco details a hacking campaign that penetrated multiple governments' networks using two zero-day flaws in its VPN and firewall Adaptive Security Appliances

Ben Glickman / Wall Street Journal:
IBM agrees to buy HashiCorp, which helps companies manage cloud infrastructure, in a deal valuing HashiCorp at $6.4B and expected to close by the end of 2024

Bob Van Voris / Bloomberg:
US prosecutors charge two founders of Samourai Wallet, saying the crypto mixing service facilitated more than $100M in money laundering transactions

 
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