Top News:
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 …
Discussion:
Variety, Observer, Fast Company, The Wrap, @awallenstein, @sarafischer, @lanceulanoff, @sarafischer, @xpangler, @xpangler, @tomwarren, @richlightshed, @loudmouthjulia, @stevekovach, @loudmouthjulia, @martinsfp, @xpangler, @sherman4949, @loudmouthjulia, @loudmouthjulia, @richlightshed, @loudmouthjulia, Hollywood Reporter, The A.V. Club, Light Reading, Axios, LightShed Partners, TechCrunch, Wall Street Journal, Yahoo Finance and Al Jazeera
RELATED:
Alex Weprin / Hollywood Reporter:
Disney streaming services saw slower Q4 growth: Disney+ added 2M subscribers, reaching 118M, Hulu added 700,000 to 39.7M, and ESPN+ added 2.3M to 17.1M — The streaming service now has 118 million subscribers, up only 2 million from last quarter. — Disney posted muted earnings last quarter …
Discussion:
SlashFilm, MediaPost, CNBC, The Walt Disney Company and AppleInsider, more at Techmeme »
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.
Discussion:
The Hill, New York Post, @jonathanchait, @danprimack, New York Magazine, CNBC, Forbes and Mediaite
Lucas Shaw / Bloomberg:
Universal Music Group says it is creating a “band” called Kingship out of four Bored Ape Yacht Club NFTs and plans to feature them in video games, VR, and more — Kingship, consisting of four virtual apes, reimagines the idea of a band — and a brand
Discussion:
@loopifyyy, @alexia, @dbreunig, @technology, @nathanchubbard and @lucas_shaw, more at Techmeme »
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 …
Discussion:
Columbia Journalism Review, @jon_allsop, @jodieginsberg, @jon_allsop, @mariamonic91 and @jon_allsop
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:
@reckless, Poynter, @jayrosen_nyu, @reckless, @cwarzel, @bgrueskin, @jmbooyah, @scalzi, @andrewcouts, @mckinnon_a, @avanidias, @_sallyho, @andrewfeinberg, @andrewcouts, @andrewcouts, @andrewcouts, @ruskin147, @joshgnosis, @38godfrey, @acedtect, @willoremus, @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
Jason Guerrasio / Insider:
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:
Variety, SlashFilm, Protocol, @richardlnewby, Gawker, @ashleylcarter1, @leibel, @jasonguerrasio, @s_m_i, @jasonguerrasio and @martinsfp
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:
American Press Institute, @richlightshed, @kevinlcurry, @noahchestnut, @nicolecasperson, @packym, @jordihays, @joeysweeny and Talking Biz News
Sara Fischer / Axios:
Minute Media, owner of Players' Tribune, acquires Israeli publishing tech company Wazimo, which helps media companies obtain and monetize first-party data — Minute Media, a holding group that owns digital sports and entertainment websites like Players' Tribune and The Big Lead …
Ernesto Van der Sar / TorrentFreak:
The history of torrent site The Pirate Bay will be made into a six-part TV drama for Swedish public broadcaster SVT, with production starting in fall 2022 — The Pirate Bay's turbulent history will be turned into a six-part TV drama. The Swedish production is scheduled to start filming next year …
BuzzFeed:
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, @sambaker and @catesevilla
Ben Bold / CampaignUK:
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:
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