Top News:
Jessica Bursztynsky / CNBC:
Netflix reports Q3 revenue of $7.48B, up 16% YoY, operating income of $1.76B, up 33% YoY, and 214M paid subs, adding 4.4M YoY and beating estimates of 3.84M — - Netflix is set to report earnings after the bell Tuesday. — Netflix CEO Reed Hastings — Netflix shares were up more than 2% …
Discussion:
Variety, The Streamable, MediaPost, The Wrap, Axios, The Verge, Yahoo Finance, IndieWire, @maxkennerly, @brianstelter, @natjarv, @natjarv, @natjarv, @stevekovach and Netflix, more at Techmeme »
Laura Hazard Owen / Nieman Lab:
The three remaining board members of Akron's The Devil Strip launch a $75K GoFundMe campaign to try to keep the publication afloat, after its abrupt demise — Akron, Ohio's “community-owned magazine,” The Devil Strip, gained attention for its unusual business model: It claimed to be the …
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@akrondevilstrip:
Staff at The Devil Strip, a reader-owned news co-op in Akron, OH, say their board told them Oct. 15 that the outlet lacked funds; they were laid off on Oct. 18
Discussion:
@ylichterman, @kimfoxwosu, @lionpubs, @jgksf, @jonathanburdick, @nahla__b, @wksu, @nberke, @wjeffreybrown, @punkponderings, @jackieleigh92, @ylichterman, @ylichterman, @alecsaelens, @brian_wooley, @jericalrogers, @mjcontrera, @retrobyrachel, @mvielhaber, @thisisjeffklemm, @donlday, @brittanyschock, @alexthed, @pivotfund, @amhulvalchick, @cande313, @collectivemindp, @ash_detroit, @rebareis, @nberke, @atrubek, @nberke, @aschweig, @atrubek, @aschweig, @atrubek, @atrubek, @lynnesherwin, @gabemschneider and @mathewi
Sara Fischer / Axios:
Sources: James and Kathryn Murdoch are preparing a multi-million dollar investment to support a new AP climate reporting hub with ~20 journalists — James and Kathryn Murdoch are nearing a deal to make a multi-million dollar investment to support the formation of a new climate reporting hub …
Discussion:
@sarafischer
Nieman Lab:
Analysis of 141K headline A/B tests run by 293 news sites: such tests can boost stories' traffic but no single feature of writing style makes much difference — What makes a good headline? Over-the-top superlatives? Clever wordplay? Eye-popping numbers? — Newsrooms grapple with this question on a daily basis.
Discussion:
@niemanlab, @nickhagar, Platy's Web Excursions, @chrismoranuk, @janebsinger and @ndiakopoulos
Amanda Meade / The Guardian:
The Sydney Morning Herald editor Lisa Davies resigns after five years leading the newsroom, leaving both the Herald and the Sun-Herald without editors — Davies is to step down immediately, leaving both the Herald and Sun-Herald without editors — Download the free Guardian app; get our morning email briefing
Discussion:
Sydney Morning Herald, @nathanaelcooper, @rachelolding, @jamesmassola, @brigidwd, @peter_fitz, @smh, @jacquelinemaley and Talking Biz News
Hugo Miller / Bloomberg:
UK's CMA says it is launching a study of the music streaming market's competitiveness; over 80% of music in the UK is now streamed — The U.K.'s music streaming market is facing scrutiny from the country's competition watchdog in a study that'll better understand the industry to ensure it remains competitive.
Discussion:
GOV.UK, @kevinbrennanmp, Billboard, Complete Music Update, TechCrunch and The Guardian
Zoe Schiffer / The Verge:
Ahead of the Wednesday walkout, Netflix's trans employees release demands including putting a warning on transphobic content and boosting trans-affirming titles — Taking down the Dave Chappelle special isn't one of them — The trans employee resource group at Netflix has released a list …
Discussion:
rainofterra.com, New York Times, Pirate Wires, Vanity Fair, NME, @transequality, @techgirlwonder, @zoeschiffer, @nina_metz, The Racket News, @moryan, @drlukeor, @teamcoworker, @moryan, Gizmodo and UPROXX
Todd Spangler / Variety:
Comcast unveils XClass smart TVs starting at $298, available at Walmart, and offering 12 months of ad-supported Peacock Premium for free in the US — Comcast is going direct-to-consumer — offering streaming TV services to consumers across the U.S., including outside its traditional service areas …
Discussion:
The Streamable, CNET, Bloomberg, Broadband TV News, Light Reading, Wall Street Journal, Adweek, nexttv.com, Business Wire, @richlightshed and MediaPost
Paul Farhi / Washington Post:
WaPo promotes Cameron Burr to senior managing editor and gives the chief product officer title to Kat Downs Mulder, currently managing editor for digital — The Washington Post will promote two veteran editors to new senior roles and will expand the responsibilities of a third top editor …
Discussion:
@sarafischer, The Hill, @sprakash007, @washpostpr, @laurahazardowen, Axios, @sulliview and bookforum.com
Edward Ongweso Jr / VICE:
Facebook posts an odd thread attacking 30+ unnamed journalists “finishing up a coordinated series of articles based on thousands of pages of leaked documents” — The company decried the use of embargoes to coordinate a coming series of reporting on thousands of pages of leaks, despite regularly using embargoes itself.
Discussion:
@fbnewsroom, @fbnewsroom, @parismartineau, The Verge, @oneunderscore__, @sruhle, @lizzadwoskin, @onekade, @harrymccracken, @motherboard, @lindseywasson, @donovanfarley, @grahamkates, @wexler, @wexler, @bykatesmith, @carolecadwalla, @ashtonpittman, @byrontau, @kieranmch, @espiers, @jessicahuseman, @leahmcelrath, @gwensnyderphl, @caseyjohnston, @alibreland, @simonneville, @anildash, @atrachelgilmore, @paulbradleycarr, @chafkin, @trulytuttle, @motherboard, @bigblackjacobin, @therealhoarse, @tomwarren, @nick_pettigrew, @jproskowglobal, @maggienyt, @justinhendrix, @therickwilson, @brhodes, @jbomb11, @ungarino, @sheeraf, @ekp, @mekosoff, @jeremymbarr, @kurtwagner8, @danpfeiffer, The Information, Observer and The Independent, more at Techmeme »
Alexandra Bruell / Wall Street Journal:
Adtech company Kargo buys StitcherAds, which focuses on adtech that drive e-commerce sales, for $64M — The company purchased StitcherAds as part of a growth plan that could include an eventual IPO, CEO Harry Kargman said — Advertising-technology company Kargo Global Inc. has acquired StitcherAds …
Discussion:
@stitcherads, @tomlyonsbiz and Marketing Dive
Dorany Pineda / Los Angeles Times:
The Black Mountain Institute at University of Nevada Las Vegas will stop publishing The Believer magazine in spring 2022, citing the pandemic's financial impact — The Black Mountain Institute will discontinue publication of its flagship magazine. — On Tuesday, the University …
Discussion:
@offtherecordnyc, @drummmerandy, @_ryanruby_, @latimes, @latimes, @latimes, @lucaswmann, @lucaswmann, @lucaswmann, @malaphor_, @byleahjohnson, @kristenradtke and @chrisburkeshay
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.
Discussion:
@benyt, Financial Times, @wnglucroft, 20 Percent Berlin, Los Angeles Times, @gadyepstein, @aedwardslevy, @sruhle, @benyt, @benyt, @melissakchan, @elephantjournal, @claremalone, @adriana_lacy, @mehdirhasan, @digiphile, @robgeorge, @matthewamiller, @ianbremmer, @tom_nuttall, @petersagal, @mathewi, @jon_allsop, @bmorrissey, @jimwaterson, @nycsouthpaw, @ryanlcooper, The Guardian, Poynter, Today in Tabs, @lisang, @emilyctamkin, New York Post, The Hill, @adamserwer, @drericding, @amberinzaman, @nicdawes, @jeffjarvis, @benyt, @hunterw, @krstorevic, @carriemelago, @baddestmamajama, @olafstorbeck, @mirjam_fischer, @rumpelwicht23, @rumpelwicht23, @rumpelwicht23, @rumpelwicht23, @akm0803, @markdistef, @pgourevitch, @janinegibson, @tom_nuttall, @mila_sek, @lyssaslounge, @annettedittert, @edmundlee, @katiedrumm, @nytimes, @cliffordlevy, @benyt, The Time of Monsters and Insider
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