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5:45 PM ET, October 19, 2021

Mediagazer

 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% …
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
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.
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
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.
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 …
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 …
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 …
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.
Daisuke Wakabayashi / New York Times:
Nonprofit Lady Freethinker sues YouTube, claiming failure to remove animal abuse videos is a breach of contract with users  —  An animal rights group said the site had ignored efforts to get clear violations taken down.  YouTube said it had removed hundreds of thousands.  —  The videos are disturbing.
Discussion: Gizmodo, Tubefilter and Insider
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.
RELATED:
Ben Smith / New York Times:
Axel Springer removes Bild editor Julian Reichelt after an NYT report detailed allegations that he behaved inappropriately with women at the publication
 
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 More News: 
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
 Earlier Picks: 
Wall Street Journal:
Sources: Moonbug, owner of the popular children's show CoComelon, is exploring a sale or IPO at a $3B+ valuation, and is projecting a ~$100M profit this year
Ryan Lattanzio / IndieWire:
Academy of Motion Picture Arts and Sciences CEO Dawn Hudson says she will not renew her contract after her three-year term ends in 2023
Discussion: Variety and The Wrap
Catalin Cimpanu / The Record:
In an SEC filing, Sinclair confirms a ransomware attack is disrupting its TV channels; Sinclair initially blamed technical issues