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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 …
Discussion:
@sarafischer, Adweek, Wall Street Journal, @edmundlee, @marcatracy, @markstenberg3, @lulumeservey, @amitranjan, @sarafischer, @jackmarshall, @alexweprin, @sarahscire, @eliotwb, @niemanlab, @daveyalba, @jason_kint, @stanfordc, @cliffordlevy, @malcolmmoore, @bgrueskin, @bmorrissey, @jyarow, @ericathas, @gaberivera, The Wrap and The Hill


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, The Wrap, @benaxelrod, @loudmouthjulia, @sherman4949, @andrewmarchand and Wall Street Journal


Smartmatic, the voting tech company that is suing Fox News and some of its hosts for defamation, adds Newsmax and OANN to the list of defendants — New York (CNN Business)Smartmatic, the voting technology company that is suing Fox News, some of its hosts and pro-Trump lawyers Rudy Giuliani …


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:
The Keyword, Bloomberg, Techdirt, 9to5Google, Engadget, CNET and Reuters, more at Techmeme »


Dovid Efune, former top editor of The Algemeiner, buys The New York Sun, which has kept up a modest online presence since ending its print run in 2008 — The New York Sun, a daily broadsheet that folded in 2008 after a six-year run, will make an online comeback under new ownership …
Discussion:
@eliotwb, @michellelegro, @freedlander, @imjasondiamond, @publicroad and @michaelroston


Survey: 80% of UK journalists say they faced threats, abuse, or violence as a result of their work; more than 1 in 3 female journalists say they don't feel safe — More than a third of female journalists who participated in a Government survey about abuse and harassment said they feel unsafe doing their jobs in the UK.
Discussion:
GOV.UK, HoldtheFrontPage, @charlottetobitt and @pressgazette


Fox Corp. beats estimates with Q1 revenue of $3.05B, up 12% YoY, net income of $708M, ad revenue of $1.13B, helped by ad-supported streaming service Tubi — A more normalized fall TV season start and continued growth at streaming service Tubi drove Fox to beat Wall Street's expectations for its first fiscal quarter of 2022.
Discussion:
Variety, Deadline, @johnnydollar01, Fox Corp., Bloomberg and Hollywood Reporter


Roku misses with Q3 revenue of $680M vs. $683.4 est., up 51% YoY, 56.4M active accounts, up 23% YoY and 1.3M QoQ, 18B streaming hours, up 21%; stock down 8%+ — - In its shareholder letter, the company said the slowdown is a result of “global supply chain disruptions that have impacted the U.S. TV market.”
Discussion:
Variety, Ad Age and Deadline, more at Techmeme »


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


Channel 4 News names BBC Newsnight editor Esme Wren as editor, replacing Ben de Pear who announced in August he would be stepping down after almost 10 years — 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 …
Discussion:
@jake_kanter, @indiawilloughby, @jimwaterson, @jake_kanter, @mrpmharrison, Talking Biz News, Deadline and The Guardian


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, @richlightshed, The Wrap, @thewrap, Realscreen, @richlightshed, nexttv.com and @loudmouthjulia


Apple debuts true crime podcast Hooked, its first standalone original podcast series not tied to an Apple TV+ show or Apple News — Apple today launched its first standalone original podcast series, entitled ‘Hooked’. Apple's previous podcast releases have all been tied to Apple TV+ properties …
Discussion:
@bzamayo, MacRumors and TechCrunch