Top News:
Jessica Toonkel / Wall Street Journal:
Sources: Paramount considers shutting down its Showtime streaming service in the US and moving its content to Paramount+, matching some international markets — Move would bring together two of entertainment company's offerings in a crowded sector — Netflix Hit a Subscriber Peak, Here's How It Plans to Keep Growing
Ben Smith / @semaforben:
In a memo, Semafor announces 19 founding editorial members and new hires — Thrilled about the team we're building @semafor, and just sent this out. Sign up https://www.semafor.com/ to be part of the launch. https://twitter.com/...
Discussion:
@oliverdarcy, Talking Biz News, @jmartnyt, @bendreyfuss, @espiers, @bendreyfuss, @baseballcrank, @mikedebonis, @lisadnews, @ginaskchua, @esotericcd, @ppavnr, @ricsanchez, @nytnickc, @scclemons, @isaacfitzgerald, @saacksattack, @daveweigel, @shelbytalcott, @benjysarlin, @lmatsakis, @djlavoie, @mchalfant16, @prashantrao, @tasneemn and @sarafischer
J. Clara Chan / The Hollywood Reporter:
NYT Cooking plans to sell $95 at-home cooking kits curated by guest chefs on The New York Times store, to grow revenue and boost readership for the recipe site — The kits offer a new avenue to increase revenue and readership for the paper's subscription cooking site.
Discussion:
@alexweprin and New York Times
Sarah John / Teen Vogue:
Q&A with Jack Corbett, who produces TikToks for NPR's Planet Money, on explaining complex and weird economics topics via a platform first known for dance videos — Corbett, 25, is a producer on NPR's Planet Money and a TikTok wunderkind. — Jack Corbett has been a producer …
Axios:
An analysis of 82 major US publishers: their largest collective following is on Twitter, followed by Facebook, Instagram, YouTube, LinkedIn, and TikTok — Twitter is still the place where media publishers collectively have the largest audiences, followed by Facebook and Instagram …
Discussion:
Media Voices, @jason_kint, @hernandezma5, @rasmus_kleis and @kerrymflynn
BBC:
A Belfast judge jails a man for seven years after he admitted to possessing the gun that police believe was used to kill journalist Lyra McKee in April 2019 — A man has been jailed for seven years for possessing the gun that police believe was used to kill the journalist Lyra McKee.
Discussion:
@bbcnewsni, The Guardian, @clairehanna, @seamusdo, @mandy_mcauley, ITV News and @davidhunter7
John D. McKinnon / Wall Street Journal:
Some opponents of the Journalism Competition and Preservation Act predict the bill won't become law in 2022 due to partisan differences about content moderation — Sen. Ted Cruz's amendment barring content-moderation prompts partisan bickering over bipartisan bill
Discussion:
@benpershing and @alexbruell
Todd Spangler / Variety:
Copenhagen-based Podimo, a podcast and audiobook subscription service, raised €58.6M led by 83North, Highland, and Saban, bringing its total funding to ~€162M — Listen up: Podimo, the Denmark-based subscription service for podcasts and audiobooks, said it secured €58.6 million …
Discussion:
Tech.eu, Bloomberg, @kerrymflynn and Axios, more at Techmeme »
Kif Leswing / CNBC:
In an email to developers, Apple says that new App Store ad placements will be available for the 2022 holiday season — - Apple is planning to release new ad “placements” as soon as the holiday season. — The new ad units represent a significant expansion in Apple's advertising inventory, which is focused on its App Store.
Discussion:
@carnage4life, @jenn_elias, @reedalbergotti, AppleInsider and 9to5Mac, more at Techmeme »
Amanda Silberling / TechCrunch:
Patreon lays off 80 employees, or about 17% of its staff, closes its Dublin and Berlin offices, and plans to consolidate its engineering teams in the US — The creator subscription company Patreon is the latest company to be affected by a long line of tech layoffs.
Charlotte Tobitt / Press Gazette:
After the Queen's death, UK news sites report the biggest traffic surge since the 2020 US election; The Guardian's traffic peaked at 250K+ page views per minute — The death of the Queen has led to a large jump in audiences turning to established news brands, with some recording their most-read online stories ever.
Discussion:
@davidclinchnews, @pressgazette and @pressgazette
Financial Times:
How Wall Street spent billions buying music rights, turning songs into a new asset class; Midia says catalog deals were $5.3B in 2021, up from $1.9B in 2020 — Investors poured billions into buying rights, turning pop songs into a new asset class — but then the economy stalled
Discussion:
@annaknicolaou, @karoli, @seaninsound, @sarahoconnor_, @fxmatt4, @christopheslade, @pkafka, @albertedwards99, @birdyword, @wireracing, @katie_martin_fx, @kayewiggins and @mayazi