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6:20 PM ET, October 18, 2022

Mediagazer

 Top News: 
Sarah Whitten / CNBC:
Netflix beats with Q3 revenue up 5.9% YoY to $7.93B, $1.4B net income, down from $1.45B YoY, 2.4M net global subscribers added, vs. 1.09M est.; stock is up 10%+  —  - Netflix beat third-quarter expectations on the top and bottom lines Tuesday.  — The company said it added 2.41 million …
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Emma Roth / The Verge:
Netflix says its approach to “monetize account sharing” will roll out “more broadly starting in early 2023” and will include the ability to create sub-accounts  —  Netflix plans to crack down on password sharing beginning in 2023.  After giving users the ability …
Ben Smith / Semafor:
Inside The New York Times' identity crisis, as some in its new administrative layer say their mandate is to enact radical cultural change as slowly as possible  —  Ben is the co-founder and Editor-in-Chief of Semafor, coming over from the New York Times.  Sign up for his media newsletter, out every Sunday night!
Aditi Agrawal / Newslaundry:
Julia Felton / Greensburg Tribune-Review:
Pittsburgh Post-Gazette newsroom staff go on strike; union demands include ending the “illegal” halt of negotiations and reinstating the prior contract's terms  —  Newsroom workers at the Pittsburgh Post-Gazette, represented by the Newspaper Guild of Pittsburgh, went on strike at noon Tuesday.
Alex Sherman / CNBC:
Ben Smith and Justin Smith launch Semafor, with stories in “Semaform” and sections The News, Reporter's View, Room for Disagreement, The View From, and Notable  —  - Semafor, a new global news company, debuted Tuesday.  — The company is launching with $25 million in funding.
Joe Reedy / Associated Press:
Amazon plans to stream an NFL game at 3pm ET on Prime Video the day after US Thanksgiving in 2023, paying between $50M and $70M per year for the additional game  —  The NFL will expand to Black Friday beginning next season.  —  The league announced Tuesday that Amazon Prime Video will stream a game on the day after Thanksgiving.
Perry Bacon Jr / Washington Post:
The US should spend $10B+, or ~$30 per American, on nonprofit local news outlets in every community, which are open to everyone, with transparent points of view  —  My vision for addressing the huge decline in local journalism involves hiring 87,000 new journalists for about 1,300 news organizations …
Aisha Majid / Press Gazette:
Sistrix: Google's September 2022 algorithm update affected several UK publishers, as search rankings for LADbible fell 52%, Mail Online 37%, and The Mirror 27%  —  Ten of the leading news websites in the UK saw their visibility in search rankings reduced as a result of Google's latest core algorithm update in September.
Discussion: @mattnavarra
Pew Research Center:
In 2021, 11% of high-circulation newspapers and 3% of high-traffic digital news outlets experienced layoffs, compared with 33% and 18% respectively in 2020  —  The percentage of large newspapers and digital news sites that experienced layoffs fell considerably in 2021 when compared with the year prior …
Discussion: HR Dive, Nieman Lab and @pewjournalism
 
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 More News: 
Patrick Brzeski / The Hollywood Reporter:
Xi Jinping's third term bodes ominously for China's film market; Artisan Gateway: China's 2022 box office is $3.88B so far, down 33% YoY and down 50% from 2019
 Earlier Picks: 
Stephen Shankland / CNET:
YouTube appears to have taken down dozens of videos by Russian Media Monitor, a channel run by Julia Davis that translates Russian TV clips on the Ukraine war
Peter White / Deadline:
NBCUniversal launches an accelerator with 11 TikTok creators who have a collective following of 10M; they have Universal Studio Group deals for original series
Baz Bamigboye / Deadline:
Source: Netflix, “rattled” by negative front-page stories about The Crown, postponed its Harry and Meghan documentary, unofficially slated for December 2022
Jon Porter / The Verge:
Parler agrees to be acquired by Ye, formerly Kanye West, to create “an uncancelable ecosystem where all voices are welcome”; the deal is set to close in Q4 2022