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11:15 AM ET, November 3, 2021

Mediagazer

 Top News: 
Marc Tracy / New York Times:
NYT Q3 : $65M operating profit, up 15% YoY, on revenue of $509M, up 19.3% YoY; 455K new digital subs for a total of 8.4M subs, of which 1M+ are outside the US  —  After moving behind a paywall, Wirecutter added to the company's revenue stream.  —  The New York Times Company said on Wednesday …
Charlie Warzel / Galaxy Brain:
Charlie Warzel on leaving Substack, where he had 16K subscribers and 1.4K paid subs: he wasn't niche enough, didn't do enough “grievance blogging”, and more  —  (Not going to the metaverse...yet)  —  Before I get extra self-indulgent, I'll lead with the news.
RELATED:
Sara Fischer / Axios:
The Atlantic rolls out its new newsletter program, which will be free until the end of November, with nine contracted writers including Charlie Warzel  —  The Atlantic on Tuesday will roll out its new newsletter program with nine contracted writers, including Charlie Warzel, Molly Jong-Fast and Nicole Chung.
Amanda Silberling / TechCrunch:
Amazon Music for Android and iOS is rolling out auto-generated, synchronized transcripts for select podcasts in the US  —  Starting today, Amazon Music is launching auto-generated, synchronized transcripts on select podcasts for users in the United States.  Rolling out for the latest version …
Cat Zakrzewski / Washington Post:
Report: 10 publishers including Breitbart, RT, and Federalist Papers are responsible for 69% of interactions with climate change denial posts on Facebook  —  A new report suggests 10 publishers, including Russia Today and the Federalist Papers, are responsible for nearly 70 percent of interactions …
Sarah Perez / TechCrunch:
Netflix rolls out its exclusive mobile games globally to the Play Store and plans to feature them in its Android app starting this week  —  After early tests in select markets, Netflix announced today its debut lineup of exclusive mobile games will begin rolling out to all members globally on Android devices, starting this week.
Christian Davies / Financial Times:
A look at South Korea as a cultural exporter, from K-pop to TV shows and video games, and its desire for homegrown global platforms to distribute its content  —  Having given the world K-pop, Parasite and Squid Game, it now wants to create global platforms to distribute its content
Jessica Toonkel / The Information:
Sources: a company led by Kevin Mayer and Tom Staggs is nearing a deal to acquire Moonbug Entertainment, in a deal that could value the CoComelon-owner at $3B+  —  A Blackstone-backed company led by former Disney executives Kevin Mayer and Tom Staggs is nearing a deal to acquire Moonbug Entertainment …
Discussion: Wall Street Journal
Paroma Soni / Columbia Journalism Review:
How strategic PR, the public, and the priorities of US politicians influenced the reception of two Facebook whistleblowers, and what that means for the press  —  In April, several months before a Facebook employee named Frances Haugen became the most famous whistleblower in the company's history …
James Vincent / The Verge:
Google News will return to Spain “early next year” following a change to Spain's copyright laws that will let Google negotiate fees with individual publishers  —  Spain has changed its copyright law in accordance with EU legislation  —  Who should get paid when big tech platforms aggregate news stories?
Charlotte Tobitt / Press Gazette:
BBC's Newsnight editor Esme Wren named new editor of Channel 4 News  —  Newsnight editor Esme Wren is leaving the BBC after three years to lead Channel 4 News.  —  Wren will succeed Channel 4 News editor Ben de Pear, who announced in August he would be stepping down in the New Year after almost ten years in the role.
 
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 More News: 
Brian Steinberg / Variety:
Discovery Q3 net income fell 48% YoY to $156M while revenue rose 23% YoY to $3.15B; its streaming services have 20M paid subscribers
New York Times:
DOJ sues to stop Penguin Random House from acquiring Simon & Schuster, citing potential harm not only to consumers but to authors too
Axios:
Memo: Axios raised a Series D at a $430M valuation with ~$85M in 2021 revenue; memo: Punchbowl expects $10M+ in 2021 revenue, $1M+ from subscriptions
Helen Davidson / The Guardian:
Foreign Correspondents Club of China calls for transparency from China's Olympics committee, saying reporters have been denied access, followed, and harassed
 Earlier Picks: 
Lucas Shaw / Bloomberg:
With Spotify on pace to cross $1B in ad sales this year, a look at its growing ambitions in advertising and its plans to become the YouTube of podcasting
Dan Taylor / Tech.eu:
Permutive, whose ad platform lets publishers deliver personalized ads in a privacy-safe manner, raises a $75M Series C led by SoftBank Vision Fund 2
Discussion: FinSMEs and Permutive
Kayleigh Barber / Digiday:
Sports publishers make millions on deals with sports betting companies but should remain cautious, as sportsbooks turn into competitors and consolidation looms
 

 
From Techmeme:

Richard Lawler / The Verge:
Okta fixes a flaw present since July 23, 2024 that, under specific conditions, let users log in with any password if the account's username had 52+ characters

Jeffrey Dastin / Reuters:
Intel scraps forecast of selling $500M+ worth of Gaudi AI accelerator chips in 2024, with CEO Pat Gelsinger citing chip transition and slower uptake to software

Chance Miller / 9to5Mac:
Popular photo editing company Pixelmator says it has signed an agreement to be acquired by Apple, pending regulatory approval

 
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