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2:55 PM ET, November 28, 2021

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 Top News: 
Bloomberg:
Sources: Cloud Village, the music streaming arm of Chinese gaming giant NetEase, raises ~$422M in a Hong Kong IPO, pricing shares at HK$205, or ~$26.30  —  - Cloud Village prices shares at midpoint of HK$205 after delay  — Chinese tech firms listing in Hong Kong face new data rules
Eliza Gkritsi / CoinDesk:
ChainNews, one of China's top crypto news sites, shuts down, after China said in September that it will expand internet censorship to cryptocurrency information  —  ChainNews, one of China's top crypto news sites, shuttered its operations today, co-founder Feng Liu told CoinDesk …
Mark Stenberg / Adweek:
Publishers like the LA Times and The Washington Post are joining Twitter Blue more for its audience data and transparent payout system than its revenue share  —  If you ask publishers, the unofficial motto of Twitter Blue is: Come for the revenue share, stay for everything else.
Dade Hayes / Deadline:
Filing: in FY 2021, ESPN's pay TV distribution shrank another 10% to 76M US households, while ESPN+ subscribers grew 66% YoY to 17M  —  ESPN, a longtime cornerstone of the Walt Disney Co., continues to lose lucrative pay-TV distribution, shrinking another 10% to end fiscal 2021 at 76 million U.S. households.
Discussion: @hkanji and Awful Announcing
Sam Schechner / Wall Street Journal:
EU proposes broad disclosures about political ads and banning targeting based on sensitive data, but not microtargeting, and fines of up to 5% of global revenue  —  Proposed measure would ban targeting political ads based on categories such as religious views, sexual orientation
Discussion: @baekdal
 
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