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.
Discussion:
@lainnafader, The Atlantic, @jessicalessin, @mikeisaac, @robinwigg, @paulbradleycarr, @harrymccracken, @megh_wright, @donmoyn, @kyleorl, @rubycramer, @mattyglesias, @ggreenwald, @ggreenwald, @cwarzel, @id4ro, @daveweigel, @jyarow, @jessgrose, @fmanjoo, @anthony, @lucas_shaw, @lucas_shaw, @lucas_shaw, @alyssakeiko, @mikeisaac, @cwarzel, @martinsfp, @sub8u, @mattbrownep, @annehelen, @cooperlund, @ericnewcomer, @chrislhayes, @conorsen, @seamushughes, @tomchivers, @kateaurthur, @nielslesniewski, @juliacarriew, @thestalwart, @rebexxxxa, @ggreenwald, @laurahazardowen, @rafat, Nieman Lab and The Present Age
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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
Discussion:
American Press Institute, Poynter, @cwarzel, @cwarzel, @sarafischer, @noahchestnut, @simonowens, The Atlantic, @sarafischer, @loudmouthjulia, @rsingel, Columbia Journalism Review, @cwarzel, Emily Writes Weekly, The Rebooting, @shortformernie, @adriennelaf, @smalera, @roncharles, @hamishmckenzie, @hamishmckenzie, The Atlantic, @mathewi, @derjarjour, @danshipper, @davidgura, @cboehm, @jacobrubashkin, @talkopan, @mattietk, @biblioracle, @mediaevan, @yair_rosenberg, @imaniperry, @nicolesjchung, @mollyjongfast, @cwarzel, @bmorrissey, @baekdal, @cwarzel, @simonowens, @rafat, @pkafka, Today in Tabs, Yair's Newsletter, Simon Owens's Media Newsletter and @mattyglesias
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:
@sizpatel, Wall Street Journal, @benaxelrod and @andrewmarchand
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 …
Discussion:
RAIN News, The Verge, @mathewi, @marceloplima, @amazonmusic, @kintan, Variety and Engadget
Raksha Kumar / Reuters Institute for the Study …:
How China is reshaping international media coverage with deals and investments in Italy, the Philippines, Kenya, the Czech Republic, and more — Beijing is reshaping international coverage with deals and investments in countries so diverse as Italy, Czech Republic and the Philippines
Discussion:
@arzugeybulla and @rasmus_kleis
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?
Discussion:
Bloomberg, The Keyword, CNET, Reuters and Engadget, more at Techmeme »
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
Discussion:
New York Times, @nytmedia, @georgeosborn, @katerinareports, @jburnmurdoch, @thejoegriffin, @koreasociety and @crsdavies
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 …
Discussion:
@kaifalkenberg, @cjr, @cjr, @cjr, @jon_allsop, @mathewi and Terms of Service w …
Reuters:
Belarus declares Belsat TV, based in Warsaw and funded by Poland, an “extremist” organization; its staff and viewers can face up to seven years in prison — Belarus declared the Poland-based Belsat news channel an “extremist” organisation on Wednesday, meaning its employees and viewers can face up to seven years in prison.
Discussion:
@notesfrompoland
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 — Discovery said its third quarter profit tumbled significantly due to higher expenses for its broadcast of the 2021 Summer Olympics and costs associated …
Discussion:
MediaPost, The Wrap, nexttv.com, The Wrap, @richlightshed, @thewrap, @richlightshed and @loudmouthjulia
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 …
Discussion:
Boing Boing, Center for Countering Digital Hate, @brooklynmarie, @davidcorndc, @joshuahol, @geoffreysupran, @erumors, @thezedwards, @greenfirehvac, @sfmisinfo, @slpng_giants, @viacristiano, @nandoodles, @karolcummins, @_mikemeno, @ccdhate, @timmonsroberts, TechCrunch, @jason_kint and Gizmodo
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.
Discussion:
About Netflix, Observer, MediaNama, Hollywood Reporter, Collider, @kdramafolder, @alexisohanian, IGN, @mattcasa, @markgurman, @bonusxp, @michaelsayman, @rrhoover, Wall Street Journal, Gizmodo, MediaPost, CNBC, CNET, ComingSoon.net, 9to5Google, Variety, Engadget, The Verge, Insider and Adweek
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