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2:00 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:
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
RELATED:
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.
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 …
Georg Szalai / The Hollywood Reporter:
Paramount reports Q3 global streaming subscribers reached ~67M, up from 63.7M+ in Q2, and 46M+ Paramount+ subscribers, up from 43.3M in Q2  —  The Hollywood giant, led by CEO Bob Bakish, reports its third-quarter results.  —  Paramount Global reached nearly 67 million streaming subscribers worldwide …
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.
Ashley Cullins / The Hollywood Reporter:
Paramount will pay $7.25M, on top of $14.75M, and Leslie Moonves will pay $2.5M to shareholders to resolve NY AG's probe into Moonves misconduct allegations  —  This will supplement the $14.75 million settlement that's awaiting final approval by a New York federal judge in a securities class action.
Discussion: Mediaite and Deadline
Hamish McKenzie / On Substack:
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
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.
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 …
 
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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
 Earlier Picks: 
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
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
James Ball / New Statesman:
Elon Musk's plan to monetize Twitter verification risks alienating creators and advertisers while helping accounts spread fake news