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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 …
Discussion:
Variety, Observer, Fast Company, The Wrap, @awallenstein, @loudmouthjulia, @sarafischer, @lanceulanoff, @sarafischer, @xpangler, @loudmouthjulia, @xpangler, @richlightshed, @tomwarren, @richlightshed, @loudmouthjulia, @stevekovach, @loudmouthjulia, @martinsfp, @loudmouthjulia, @sherman4949, @xpangler, The A.V. Club, AppleInsider, Light Reading, Axios, LightShed Partners, TechCrunch, Wall Street Journal, Yahoo Finance and Al Jazeera
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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:
@reckless, Poynter, @jayrosen_nyu, @cwarzel, @bgrueskin, @jmbooyah, @willoremus, @scalzi, @andrewcouts, @mckinnon_a, @avanidias, @_sallyho, @andrewfeinberg, @andrewcouts, @andrewcouts, @acedtect, @andrewcouts, @ruskin147, @joshgnosis, @38godfrey, @samitsarkar, @jason_kint, @digiphile, @waltmossberg, @jsrailton, @ihnatko, @drshaena, @cecianasta, @tomwarren, @timkmak, @martyswant, @sarahjeong, @skrishna, @ryansatin, @mollywood, @samfbiddle, @kevincollier, @joshsternberg, @taniel, @jamesrbuk, @eliotnelson, @bubbaprog, @ylichterman, @patrickklepek, @harrymccracken, @azalben, @pkafka, @kantrowitz, @kevinmaddendc, @rsgnl, @tomwarren, @kirstenkorosec, @runasand, @sophaskins, @zoeschiffer, @bcmerchant, @rquandt, @oliviasolon, @manan, @ericnewcomer, @robpegoraro, @brokenbottleboy, @alexeheath, @leah_nylen, @tonyajoriley, @manubarem, @joetidy, @alexhcranz, @abeaujon, @futterish, @jayrosen_nyu, @alex, @stroughtonsmith, @anildash, @caseynewton, @tonyromm, @nicholaswu12, @alexhern, @jeffgrubb, @kellymakena, @dsilverman, bookforum.com and Nieman Lab


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.
Discussion:
The Hill, @jonathanchait, @danprimack, New York Magazine, CNBC, Forbes and Mediaite


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 …
Discussion:
Columbia Journalism Review, @jon_allsop, @jodieginsberg, @jon_allsop, @mariamonic91 and @jon_allsop


BuzzFeed names Cate Sevilla as editor-in-chief of HuffPost UK; she was previously EIC of the Pool and worked for Google and BuzzFeed UK — Sevilla will oversee HuffPost's entire UK operation comprising lifestyle, entertainment and politics as well as a new shopping team.
Discussion:
Press Gazette and @catesevilla


MoviePass cofounder Stacy Spikes is “exploring the possibility of relaunching soon” after a bankruptcy judge grants him ownership of the company — - MoviePass cofounder Stacy Spikes has bought back the company. — His bid was approved by a Southern District of New York bankruptcy court judge on Monday.
Discussion:
@ashleylcarter1, @leibel, @jasonguerrasio, @s_m_i, @jasonguerrasio and @martinsfp


UK's Channel 4 and Instagram launch You Do You, the “first real-time social reality series”, broadcast on Instagram via Channel 4's Reels, Stories, and videos — Produced by broadcaster's branded entertainment team at 4Studio. — Channel 4 and Instagram have teamed up to produce …
Discussion:
All 4


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:
@richlightshed, @kevinlcurry, @noahchestnut, @nicolecasperson, @packym, @jordihays, @joeysweeny and Talking Biz News


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, Columbia Journalism Review, Advanced Television, TV Technology, Billboard, WORLD SCREEN, MediaPost and Media Play News


Social audio app Callin announces live podcasts with Glenn Greenwald, Matt Taibbi, Briahna Joy Gray, Antonio García Martínez, and Andray Domise — Why leading independent thinkers, writers, journalists, and creators are choosing Callin as their podcasting platform.
Discussion:
PR Newswire, @ggreenwald, @davidsacks and @briebriejoy


YouTube starts hiding public dislike counts on videos to keep smaller creators from being targeted by dislike attacks, following a test in March — Creators will still be able to see how many people disliked their videos — YouTube has announced that it'll be hiding public dislike counts on videos across its site, starting today.
Discussion:
YouTube Official Blog, TechCrunch, @richleigh, @fivepointsvids, @dylanreeve, @timothyjgraham, @charlesarthur, @carnage4life, @keleftheriou, @tomwarren, @ethicalsid, @adamconwayie, @cheevoguides, @tomwarren, @sarahdanielstv, @ericrayweather, @retroity, @brandonbutch, @tha_rami, The Information, ScreenRant, Waivly, Bloomberg and 9to5Google, more at Techmeme »


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