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12:20 PM ET, November 2, 2022

Mediagazer

 Top News: 
Washington Post:
Internal email: Twitter appears to be rushing out a “high”-risk “Paywalled Video” feature, letting users charge to view their videos, with Twitter taking a cut  —  The tool would let video creators charge users for access.  The team working on it flagged big potential pitfalls.
RELATED:
Elon Musk / @elonmusk:
Twitter Blue will soon cost $8/month, with half the ads, ability to post long video and audio, priority in replies, paywall bypass for some publishers, and more  —  Twitter's current lords & peasants system for who has or doesn't have a blue checkmark is bullshit. Power to the people! Blue for $8/month.
New York Times:
Sources: ad holding company IPG has issued a recommendation through its media agencies for clients to pause spending on Twitter because of moderation concerns
Sara Fischer / Axios:
Twitter Chief Customer Officer Sarah Personette “resigned” after over four years and told ad partners the new administration is committed to brand safety
James Ball / New Statesman:
Elon Musk's plan to monetize Twitter verification risks alienating creators and advertisers while helping accounts spread fake news
Katie Robertson / New York Times:
The NYT reports Q3 revenue up 7.6% YoY to $547.7M, operating profit up 9.3% YoY to $51M, and reaches 9.3M total subscribers, including 180K new digital subs  —  The Times recorded an adjusted operating profit of $69 million for the third quarter, up from $65 million in the same period last year.
RELATED:
The New York Times Company:
The NYT reports The Athletic generated $24.1M in Q3 revenue on a $9.6M loss; the sports outlet has lost nearly $29M in the three quarters since it was acquired  —  NEW YORK, November 2, 2022 - The New York Times Company (NYSE: NYT) announced today third- quarter 2022 diluted earnings per share …
Discussion: @tvgrimreaper and @peterbakernyt
Mark Stenberg / Adweek:
Source: Puck has ~200K subscribers and its ad revenue grew 500% over 2021, when it operated for three months; paid subscriber email open rates are ~72%  —  The newsletter publisher aims to bring premium ads to the inbox  —  Since launching last August, the news and entertainment publisher Puck …
Sara Fischer / Axios:
Insider EIC Nicholas Carlson plans to bring the stories of ~60 writers in front of the outlet's paywall, to increase traffic against which to sell ads  —  Insider is planning to restructure its newsroom to bring more content in front of its paywall, Nicholas Carlson, global editor-in-chief of Insider, told Axios.
New York Times:
A US judge blocking the Penguin-Simon & Schuster deal thwarts further consolidation while offering little clarity on the future for the companies or publishing  —  The uncertainty comes at a time when publishing is facing slumping sales after a pandemic boom, and fears of recession.
Sarah Scire / Nieman Lab:
NPR launches NPR+, a paid podcast bundle with bonus content, ad-free episodes, and other perks, starting at $8 per month or $96 per year in 34 US locations  —  NPR launched a paid podcast bundle on Tuesday, giving subscribers access to bonus content, ad-free episodes, and other perks from nearly …
Discussion: @jljacobson
Jennifer Maas / Variety:
Source: Nexstar laid off 30 to 40 employees at The CW on Tuesday, its first sweeping staffing overhaul after acquiring the network  —  Nexstar laid off between 30-40 staffers at the CW network Tuesday, marking the first sweeping staffing overhaul at the “Walker” broadcaster since it changed ownership …
Todd Spangler / Variety:
Comcast and Charter say their streaming joint venture will be called Xumo, using the name of the free, ad-supported streaming service Comcast acquired in 2020  —  Comcast and Charter Communications have settled on Xumo as the name of their streaming platform joint venture …
 
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 More News: 
Nilay Patel / The Verge:
Q&A with Amazon VP of Music Steve Boom on running the unit, expanding benefits for Prime members, working with labels, the music industry, podcasts, and more
Jennifer Dunham / Committee to Protect Journalists:
CPJ Global Impunity Index: 263 journalists were murdered in retaliation for their work over the past decade, and no one has been convicted in 78% of those cases
New York Times:
Julie Powell, who blogged about trying to cook every recipe in Julia Child's Mastering the Art of French Cooking, dies at 49; her blog became a book and a movie
 Earlier Picks: 
Vanity Fair:
A book excerpt details tensions between AT&T's John Stankey and former HBO CEO Richard Plepler over HBO's strategy during AT&T's Time Warner acquisition in 2018
Danny Hakim / New York Times:
Russia's RT, banned by major platforms in March 2022, has found an audience on Thiel-backed Rumble, often pushing Russian propaganda about the Ukraine invasion