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4:30 AM ET, November 4, 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 …
Laura Wagner / Defector:
Punchbowl News, a “membership-based news community”, still relies on advertising for most of its revenue, via sponsors including Exxon, Google, Uber, and PhRMA  —  Punchbowl, a media company launched earlier this year by a few former Politico staffers, has been the subject of some breathless media coverage lately.
Katie Robertson / New York Times:
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 …
Brian Stelter / CNN:
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 …
Charlie Moore / Daily Mail:
Broadcaster Alan Jones says he is leaving Sky News Australia on November 30 because bosses didn't renew his contract; CEO says it was Jones' choice to leave  —  - Alan Jones has announced he will leave Sky News Australia on 30 November  — In a lengthy statement on his Facebook profile, he said he was forced out
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?
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 …
Tim Baysinger / The Wrap:
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.
Liza Lin / Wall Street Journal:
Yahoo pulls its services out of China in a largely symbolic gesture following LinkedIn, citing an “increasingly challenging business and legal environment”  —  Yahoo Inc. said it was pulling out of China, citing an increasingly challenging business and legal environment …
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
 
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 More News: 
Michael Schneider / Variety:
HFPA names Florida-based educator Neil Phillips as its first chief diversity officer, marking the latest step in the organization's reform process
Charlotte Tobitt / Press Gazette:
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
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
 Earlier Picks: 
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
Amanda Silberling / TechCrunch:
Amazon Music for Android and iOS is rolling out auto-generated, synchronized transcripts for select podcasts in the US
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
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