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10:30 AM ET, October 12, 2022

Mediagazer

 Top News: 
TechCrunch:
Reporting by India's The Wire on Meta and India's ruling party comes under scrutiny after questions about the authenticity of a document and an email screenshot  —  Who would have the least to lose and most to gain by undermining credibility in the press?  —  Tech giants and news organisations sparring over news reporting isn't new.
Anna Merlan / VICE:
Leaked footage: Fox edited out Kanye West's bigoted and bizarre statements to Tucker Carlson about Jewish people, “fake children”, visions from God, and more  —  Motherboard obtained footage of Ye making bigoted statements about Jewish people and bizarre claims about “fake children …
Todd Spangler / Variety:
NBCUniversal partners with Meta to bring VR experiences to Quest headsets in 2023, from The Office, DreamWorks, Blumhouse, the Peacock streaming app, and more  —  Ready to mingle with the Dunder Mifflin gang in virtual reality?  —  Meta, looking to spark broader interest in VR …
Deadline:
Warner Bros. Television Group shuts down its digital short-form programming division Stage 13 and its Television Workshop for emerging writers and directors  —  Layoffs are underway at Warner Bros Television Group on Tuesday.  The cuts include the closing of digital short-form programming division Stage 13 …
RELATED:
Michael Schneider / Variety:
Warner Bros. Television Group laid off 82 employees on October 11, or 19% of its workforce, and cut 43 vacant posts, totaling a 26% drop from ~481 positions  —  Warner Bros. Television Group handed out pink slips to 82 staffers on Tuesday, representing 19% of the studio's workforce …
Jim Waterson / The Guardian:
Netflix joins the British ratings agency, or BARB, as a full member, publishing independently audited viewing figures on individual shows for the first time  —  Streaming service's decision to sign up to independent ratings agency is world first and will give insight into its cultural power
Georg Szalai / The Hollywood Reporter:
Comcast promotes CFO Mike Cavanagh to president, the third president in the company's 59-year history; Cavanagh will remain CFO  —  “Mike will be only the third president in the company's 59-year history.”  —  Comcast said on Wednesday that it has promoted chief financial officer Mike Cavanagh to the role of president.
Jim Waterson / The Guardian:
Ofcom opens an investigation into GB News over an interview with author Naomi Wolf, the second investigation over the channel's COVID-19 vaccine coverage  —  Investigation by media regulator follows interview with author Naomi Wolf on show subject to previous complaints
Charlotte Tobitt / Press Gazette:
Italy's Corriere della Sera plans to remove two articles and pay a “substantial sum” to a British financier over accusations about a Vatican corruption scandal  —  Italy's oldest and most-read newspaper, Corriere della Sera, has paid a “substantial sum” in compensation …
Charlotte Tobitt / Press Gazette:
The Financial Times reports a £4.3M pre-tax profit in 2021, up from a £29M pre-tax loss in 2020, and a £31M operating profit on £438M of 2021 operating revenue  —  The Financial Times has reported a strong “rebound” from Covid-19 in 2021, returning to profitability and growing revenues by almost a fifth.
Discussion: @wturvill
Nicole Sperling / New York Times:
Around 14 family films will hit theaters in 2022, compared to 24 in 2019, as Disney+, Netflix, and other services try to fill the family-oriented content void  —  With theatrical releases way down, the streaming giants have been pumping out multigenerational fare, including a number of live-action films.
 
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 More News: 
K.J. Yossman / Variety:
Netflix Studios UK, its UK-based production and content arm, reports £103.2M in revenue in 2021, up 31% YoY, and an £11.9M profit, down from £15.1M in 2020
Jim Waterson / The Guardian:
News UK has always said phone hacking only happened at News of the World but eight people have pending Sun-only legal claims and three more settled with The Sun
Trefor Moss / Wall Street Journal:
Denmark-based Lego owner Kirkbi acquires NYC-based Brainpop, which makes short educational animated videos and other materials for US schools, for $875M
Discussion: @olliebray
Sara Fischer / Axios:
Over a dozen job openings hint TikTok plans to open fulfillment centers in the US as the company looks to build an “international e-commerce fulfillment system”
 Earlier Picks: 
NBC News:
Baltimore prosecutors drop charges against Adnan Syed, a subject of the podcast Serial, in the 1999 murder of Hae Min Lee after DNA testing showed his innocence
Mark Stenberg / Adweek:
Bloomberg Media plans to stop serving open-market third-party programmatic display ads in 2023 and ditch Taboola recommendations, to improve the user experience
Jairo Bolledo / RAPPLER:
The Philippines' Court of Appeals denies Rappler CEO Maria Ressa and ex-Rappler researcher Reynaldo Santos' motion for reconsideration in their cyber libel case
Richard Lawler / The Verge:
CNN closes its “Vault by CNN” NFT project, opened in 2021 to let anyone “own a piece of history”, and plans to compensate users with FLOW tokens or stablecoins
Lesley Goldberg / The Hollywood Reporter:
Legendary Television places President Chris Albrecht on leave; an upcoming book details an incident at HBO where Albrecht allegedly disparaged a staff member