Top News:
Nilay Patel / The Verge:
The Verge updates its “on background” policy, making “on the record” the default when its reporters speak to PR professionals, particularly at tech companies — On ‘on background’ — The main way this happens is that big companies take advantage of a particular agreement in the media called “background.”
Discussion:
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CNBC:
Disney misses Q4 estimates, reporting net income of $160M and revenue of $18.53B, up 26% YoY, and 2.1M new Disney+ subscribers for a total of 118.1M — - Disney reported fiscal fourth-quarter earnings on Wednesday after-the-bell. — The company missed Wall Street estimates across the board …
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New York Times:
Sources: the US DOJ and SEC have opened investigations into Ozy Media, and federal prosecutors have been contacting companies that have had dealings with Ozy — The Justice Department and the S.E.C. have contacted companies that discussed investing in the Silicon Valley media business.
Sara Fischer / Axios:
Workweek, a platform aiming to let business journalists work independently by giving them a salary and full-time benefits, launches with $1.5M in funding — A new company called Workweek launched Wednesday to give creators of business-to-business content — traditionally content that lived …
Discussion:
Talking Biz News, @nicolecasperson, @packym, @noahchestnut, @jordihays and @joeysweeny
Sarah Perez / TechCrunch:
Twitter and ViacomCBS announce a global, multiyear deal that includes three Twitter watch parties for original Paramount+ shows — Twitter and ViacomCBS today announced a sizable global deal that will see the social media platform streaming digital content from across the ViacomCBS portfolio of news …
Discussion:
Variety, TV Technology, WORLD SCREEN, MediaPost, Billboard and Media Play News
Jon Allsop / Columbia Journalism Review:
A look at Earth Journalism Network, which supports environmental journalism in developing countries, at COP26, to which it brought reporters from 15 countries — GLASGOW — At 2pm UK time on Monday, shortly before Barack Obama took the stage at the COP26 climate summit for a speech …
Wall Street Journal:
Internal docs: Facebook researchers found that about 40% of traffic to Pages in 2018 went to those with content that was plagiarized or recycled — About 40% of traffic to pages in 2018 went to those with content that was plagiarized or recycled, and Facebook has been slow to crack down on copyright infringement
Discussion:
@ericgarland, @keachhagey, @wsj, @jason_kint, @jason_kint, @dnvolz and @jeffhorwitz
Michael M. Grynbaum / New York Times:
Brian Williams, the former NBC Nightly News anchor who faced a six-month suspension in 2015, will leave NBC when his contract ends in December — The former anchor of “NBC Nightly News” rehabilitated his tarnished image as the host of a popular 11 p.m. show on MSNBC.
Discussion:
Los Angeles Times, Insider, TVNewser, TVNewser, Variety, @msnbc, @bristei, The Wrap, @maggienyt, Vanity Fair, CNN, The Hill, @film_girl, @mikekoncewicz, @colvinj, @srirachachau, @sg, @peterbakernyt, Washington Post, @elistokols, @davidfolkenflik, @andrewdesiderio, @vinguptamd, @mccaffreyr3, @carolleonnig, @edzitron, @kpa2, @garretthaake, @samstein, @petesouza, @page88, @matthewamiller, Newser, Poynter, The Daily Beast, Associated Press, HuffPost, Page Six, TVLine, Mediaite, alterego5352's Newsletter and Axios
Wayne Friedman / MediaPost:
Digital Entertainment Group: US streaming consumer subscription revenue was up 19% YoY for the first nine months of 2021, to $18.5B — Soaring U.S. streaming consumer subscription revenue is up 19% to $18.5 billion through the first nine months of 2021 versus a year ago …
Discussion:
The Streamable
Rita Liao / TechCrunch:
Tencent Music announces a deal with Apple that lets Chinese musicians in its Music Cloud program distribute their works through Apple Music — Apple Music users around the world will soon have access to more Chinese musicians. Tencent Music Entertainment, the online music subsidiary of Tencent …
Discussion:
PR Newswire, ScreenRant, 9to5Mac and AppleInsider
Josh Eidelson / Bloomberg:
Politico says it has reached an agreement to voluntarily recognize NewsGuild's PEN Guild union — Politico reached an agreement to voluntarily recognize a union of its employees, extending a wave of successful organizing efforts in the media industry. — Politico Editor-in-Chief Matt Kaminski …
Discussion:
@niemanlab, @josheidelson, @rmc031, @taragolshan and The NewsGuild - CWA
Sara Fischer / Axios:
Kids' media startup Pocketwatch, which has deals with makers of YouTube hits Ryan's World and Kids Diana Show, hires an adviser to explore investments or a sale — Kids and family programming deals are surging as streaming companies look to double down on content that serves a highly-engaged cohort of younger users.
Discussion:
The Streamable
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