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 Wrap, Variety, The Wrap, Ad Age, The Streamable, Axios, Deadline, Netflix, @sherman4949, @xpangler, @loudmouthjulia, @richlightshed, IndieWire, @maxkennerly, @brianstelter, Yahoo Finance, @natjarv, @natjarv, @stevekovach and @natjarv, 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 …
RELATED:
@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:
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Jeff Kotuby / The Streamable:
Report: Netflix and YouTube had a 47% combined share of “connected TV time spent” in June, down just 2% from January 2020 despite growth in rival services — Netflix and YouTube may be far more dominant than we realize. — According to a report from LightShed Partners …
Discussion:
LightShed Partners, Cord Cutters News, @richlightshed, @richlightshed and nexttv.com
AllAccess.com:
Filing: John Malone's Liberty Media sold its entire stake in iHeartMedia, apparently ending Liberty's long-running effort to gain control of the broadcaster — What do you think? Add your comment below. — LIBERTY MEDIA CORP. has sold off its 5,941,248 shares of iHEARTMEDIA Class A Common Stock at $25.25/share.
Discussion:
Billboard
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:
@raju and @sarafischer
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, @xpangler, Adweek, nexttv.com, Light Reading, CNET, Wall Street Journal, Business Wire, Bloomberg, Broadband TV News, @richlightshed and MediaPost
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, @georgiedent, @rachelolding, @jamesmassola, @brigidwd, @peter_fitz, @smh, @jacquelinemaley and Talking Biz News
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, @beebrookshire, New York Times, @transequality, @techgirlwonder, Vanity Fair, @zoeschiffer, @moryan, Decider, @drlukeor, @teamcoworker, Pirate Wires, @moryan, The Racket News, @nina_metz, Gizmodo and UPROXX
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, @moorehn, @moorehn, @moorehn, @moorehn, @moorehn, @kimbui, @sprakash007, @washpostpr, @laurahazardowen, Axios, @sulliview, The Hill and bookforum.com
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
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, TechCrunch, Complete Music Update and The Guardian
Sara Fischer / Axios:
Facebook says the News Tab makes up 30% of its news referral traffic for participating publishers and it is testing new News Tab content like local alerts — Facebook is looking to introduce more news products for its News Tab in coming months, including more curated collections around big events …
Discussion:
@mkarolian, @axios, @ultraviolet and @mattnavarra
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