Top News:
Wall Street Journal:
Sources: Netflix execs weighed more movie theater releases and talked to Sony about a shorter window; Sarandos: Netflix won't significantly change its strategy — Some Netflix studio executives long for silver screen while co-CEOs want to keep most viewers streaming films from their couches
Discussion:
The Streamable and @asharma
RELATED:
Jill Goldsmith / Deadline:
Netflix co-CEO Ted Sarandos downplays releasing Glass Onion: A Knives Out Mystery in 600 theaters over US Thanksgiving weekend; theater owners lauded the move — Netflix co-CEO and chief content officer Ted Sarandos tossed cold water on hopes that the streamer's recent deal with major cinema chains …
Discussion:
Media Play News, ScreenRant, Deadline, The Hollywood Reporter, The Wrap and Variety
Dave Lee / Financial Times:
Uber launches a global advertising unit, targeting $1B in annual gross ad bookings by 2024, including by displaying ads within its apps and on top of cars — Rideshare company looks to accelerate revenue growth with new business division — Uber has launched its global advertising unit …
Discussion:
Insider, Marketing Brew, Gizmodo, @rasmus_kleis, TechCrunch, @blakereid, @alfredwkng, Ad Age, @quinnypig, Wall Street Journal and Bloomberg, more at Techmeme »
Tatiana Siegel / Rolling Stone:
ABC News producer James Gordon Meek abruptly resigned after the FBI raided his home on April 27, 2022; colleagues and neighbors say they haven't seen him since — Emmy-winning producer James Gordon Meek had his home raided by the FBI. His colleagues say they haven't seen him since.
Discussion:
Fox News, Mediaite, Deadline, Newser, @intelwire, New York Post, @mattwolking, @zevshalev, @sharylattkisson, @jerylbier, @greg_price11, @rajgopal88, @elijahschaffer, @chrisgeidner, @ajitdatta, @freedomofpress, @ryp__, @ericgarland, @greg_price11, @paulszoldra, @stevekrak, @danlamothe, @bungdan, @ami_marisol, @razhael, @noahshachtman, @helenkennedy and @craigmwhitlock
Charlotte Tobitt / Press Gazette:
Media executives are not surprised Meta is shutting down Instant Articles, as the social media landscape has shifted significantly since the tool's 2018 launch — Meta is turning off Facebook Instant Articles after seven years as the platform continues to draw away from supporting news publishers.
Discussion:
@charlottetobitt, @esamakinen, @mattnavarra and @pressgazette
New York Times:
A look at Suzanne Scott's work as Fox News CEO, making the network's brand even stronger, and the role of her internal messages in Dominion's defamation suit — Suzanne Scott remade Fox News Media into a lucrative consumer brand. But a $1.6 billion defamation suit against the company is testing her strategy and leadership.
Discussion:
@nick_field90, @katie_robertson, @justinbaragona, @aidnmclaughlin, @carlquintanilla, @maxwelltani, @rachelabramsny and @dfenton
Peter Kafka / Vox:
Infowars continues to operate as its parent company Free Speech Systems will be shielded from judgments for months or years, due to its July bankruptcy filing — Jones says his enemies want him off the air. US bankruptcy law is on his side, for now. — Last week, a Connecticut jury ruled …
Discussion:
The Week, @learmonth, @pkafka and @pkafka
Nitish Pahwa / Slate:
The Wire has been a bulwark against false and propagandistic “news” under Narendra Modi and its botched Meta story is a huge blow to Indian journalism — The state of journalism in India, the “world's largest democracy,” has never been so dire.
Discussion:
Nieman Lab, Washington Post, Scroll.in, @profcarroll, @suhel, @kriticalvodka, @w7voa, MediaNama, Crikey, Insider and The Wire
RELATED:
Aditi Agrawal / Newslaundry:
The Wire suspends its stories on Meta's controversial XCheck program until it carries out a “thorough review”; cited cybersecurity experts deny being consulted
Discussion:
@kani5hk, The Wire, Platformer, @thewire_in, @karaswisher, @caseynewton, MediaNama, @alok_bhatt, @geetaseshu, @priyankapulla, Semafor, @pranavdixit, @sankrant, @jason_kint, @jason_kint, @tunkuv, @kansaratva, @venkatananth, @pranavdixit, @greatbong, @sunandavashisht, @greatbong, @thewire_in, @rachelmetz, @rasmus_kleis, @digiphile, @digitaldutta, @swodinsky, @aditi_muses, @caseynewton, @saikatd, Scroll.in, TechCrunch and The Verge
Dan Kennedy / Media Nation:
James Bennet and Semafor's Ben Smith leave out a lot about Bennet's firing as the NYT opinion editor; it wasn't just a case of being hounded out by “wokeness” — The ossification of James Bennet's departure from The New York Times into a simple morality tale of wokeness run amok is now complete.
Discussion:
Poynter, @semaforben, @dangillmor, @dankennedy_nu, @jenzerb, @jbarro, @bgrueskin, Fox News, Mediaite, New York Post and The Hill
Anthony D'Alessandro / Deadline:
Sources: Walter Hamada has left Warner Bros. after four years as DC Films president; he's the fifth WB studio exec to leave since David Zaslav became WBD chief — After 15 years at Warner Bros and four as the president of DC Films, Walter Hamada has finally left the Burbank, CA lot.
Discussion:
ScreenRant, SlashFilm, @henrygayden, @amasna, @getfandom and Collider
Sara Fischer / Axios:
A look at sports rights at SiriusXM, which has exclusive audio deals with the NFL, the NBA, the NHL, and MLB and where sports ads make up nearly 25% of ad sales — SiriusXM is increasing its investment in live sports rights in an effort to lure and retain more premium subscribers, CEO Jennifer Witz told Axios.
Discussion:
Inside Radio
Sarah Perez / TechCrunch:
Pinterest partners with Warner Music Group, Warner Chappell Music, Merlin, and BMG to let users add popular music to its TikTok-competitor Idea Pins — Pinterest's TikTok competitor is gaining new music. The company announced today its video-focused “Idea Pins” feature will now include …
Discussion:
The Verge, Music Business Worldwide, Adweek and Billboard
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 …
Discussion:
Variety, Variety, Insider, Music Business Worldwide, Next TV, The Hollywood Reporter, The Desk, @natjarv, @jbflint, @matthewkeyslive, Media Play News, Vanity Fair, Above the Line, CNET, The Desk, Gizmodo and The Streamable
RELATED:
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%+
Discussion:
Netflix, BGR, Variety, New York Times, Quartz, Stratechery, @vivekgramaswamy, Axios, @lucas_shaw, @benmullin, @susanlitv, @sherman4949, @sherman4949, @lucas_shaw, @loudmouthjulia, @loudmouthjulia, @loudmouthjulia, @loudmouthjulia, The Hollywood Reporter, @bcheungz, @samro, @lucas_shaw, Next TV, Yahoo Finance, Junghoon's Direct Media …, Light Reading, Forbes, Adweek, Al Jazeera, Fortune, Los Angeles Times, TechCrunch, Deadline, The Streamable, The Wrap, CNN and Wall Street Journal, more at Techmeme »
Todd Spangler / Variety:
Netflix plans to stop sharing projected subscriber numbers in its earnings starting in Q4 2022, instead stressing new revenue streams like ads and paid sharing
Discussion:
Financial Times, @xpangler, WORLD SCREEN, Broadband TV News, @loudmouthjulia, Mumbrella, Radio & Television …, The Wrap, Puck, The Hill, CNBC, Financial Times, Deadline, Next TV, IndieWire and LightShed Partners
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