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 …
Discussion:
@sarafischer, Adweek, Wall Street Journal, @edmundlee, @marcatracy, @markstenberg3, @heidistevens13, @ichotiner, @jackshafer, @eliotwb, Digiday, @malcolmmoore, @gaberivera, @lucas_shaw, @niemanlab, @daveyalba, @lulumeservey, @amitranjan, @stanfordc, @ericathas, @bgrueskin, @sarahscire, @jackmarshall, @cliffordlevy, @bmorrissey, @sarafischer, @jason_kint, @jyarow, @alexweprin, The Hill and The Wrap
Jennifer Maas / The Wrap:
T-Mobile to give new and existing T-Mobile and Sprint customers one free year of Paramount+ Essential, ViacomCBS' $4.99/month plan with limited ads — ViacomCBS reached nearly 47 million paid global subscribers combined between its streaming platforms, primarily Paramount+ …
Discussion:
Variety, Ad Age and The Streamable
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Brian Steinberg / Variety:
ViacomCBS Q3: net income fell to $538M from $615M a year ago, revenue grew 13% YoY to $6.6B, and it added 4.3M streaming subscribers for a total of nearly 47M — ViacomCBS said third-quarter profit declined as it invested in more content for streaming audiences, but noted that its revenue …
Discussion:
The Streamable, The Wrap, Deadline, @pplusnews and The Hollywood Reporter
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.
Discussion:
@albertburneko, @ethangach, @jessicalessin, @seangriffey, @rafat, @therightduff, @bmorrissey, @sarahscire, @martinsfp, @ddayen, @benyt, @benmullin, @therightduff, @jeremymbarr, @noahchestnut, @jeremymbarr, @noahchestnut, @noahchestnut, @benmullin, @bmorrissey, @bmorrissey, @bmorrissey, @bmorrissey, @jeremymbarr, @froomkin, @kevinliao_, @carlquintanilla, @cboehm and Axios
Sarah Scire / Nieman Lab:
A look at the open source tool being built to authenticate images for Adobe's Content Authenticity Initiative, which includes members AFP, BBC, NYT, and more — Earlier this month, a former candidate for the U.S. House of Representatives sent a tweet implying that President Joe Biden's …
Discussion:
@kcallop, @mrkmully, @janebsinger, @andyparsons and American Press Institute
Andrew Fedorov / Off the Record:
Non-Western outlets have been excluded from the Facebook Papers consortium, though Haugen's PR firm says an international consortium is coming — The group of news outlets sharing access to a whistleblower's trove of documents shut down their Slack a day after their stories published …
Discussion:
Wired, Slate, @chaykak, @offtherecordnyc, @offtherecordnyc and @gabrielsnyder
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 …
Discussion:
@michellelegro, @freedlander, @elivalley, @imjasondiamond, @publicroad, @michaelroston and @eliotwb
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
Discussion:
@drpiotrowski, @mjrowland68, @kjbar, @nototyrannynow, @manjusrii, @mikecarlton01, @maynereport, Mumbrella, Sydney Morning Herald and Sky News Australia
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:
Reuters, Tubefilter, @sizpatel, @sherman4949, @loudmouthjulia, @benaxelrod, @andrewmarchand, The Wrap and Wall Street Journal
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 …
Discussion:
Smartmatic.com, Reuters, New York Times, Insider, Columbia Journalism Review, @khayahimmelman, @smartmatic, @jeremyduda, @brianstelter, @slpng_giants, Wall Street Journal, Vanity Fair, Joe.My.God., Los Angeles Times, Raw Story, TVNewser, UPROXX, Mediaite, nexttv.com, Law & Crime and Deadline
Charlotte Tobitt / Press Gazette:
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, Jon Slattery, @charlottetobitt, @pressgazette and HoldtheFrontPage
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.
Discussion:
Variety, @johnnydollar01, MediaPost, Fox Corp., Deadline, Hollywood Reporter, Bloomberg and Adweek
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