Top News:
Aisha Malik / TechCrunch:
Facebook expands professional mode, letting all creators globally earn money from various monetization programs, including Reels Play bonuses and subscriptions — Meta has announced the global expansion of its professional mode profile setting on Facebook to all creators.
Discussion:
Facebook, @helnzhou, Search Engine Journal, Meta and Decrypt
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Kate Irwin / Decrypt:
Meta lets select Instagram creators in the US test a toolkit for minting NFTs and selling them on and off the platform, and says it won't charge fees until 2024
Discussion:
@dangillmor, Crypto Blurt, @pbump, The New Age, Search Engine Journal, The Verge, Music Ally, CoinDesk, 9to5Mac, Engadget and TechCrunch, more at Techmeme »
Hamish McKenzie / On Substack:
Substack co-founder says it's time for a “real alternative” to Twitter, and plans features to let writers and readers “hang out”, show their status, and more — It's time you had your own private social network — If you're into writing and reading …
Discussion:
Financial Times, @tinu, @tinu, The Wrap, The Indian Express, @tinu, @revkin, Accountable Tech, Insider, @taylorlorenz, @taylorlorenz, @rsingel, @pkafka, The Hill, @niubi, @niubi, @niubi, @hamishmckenzie, @david_moscrop, @hunterw, @ricmac, @hamishmckenzie, @hamishmckenzie, @hamishmckenzie, Bloomberg, Wall Street Journal, Empathy, @goangelo and Cracker Barrel Barthian, more at Techmeme »
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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
Discussion:
Axios, Insider, Bloomberg, The Wrap, Forbes, @hshaban, New York Times, @willoremus, The Guardian, @joshtpm, @alwaystheself, @zackscott, The Information, @omarisankofa, @embryethan, @dancow, @thejasonkirk, @colincowherd, Raw Story, @tomwarren, @digiphile, @asemota, @helenkennedy, @film_girl, @ruthbenghiat, @carnage4life, @maxboot, @jeremynewberger, @joyannreid, Tubefilter, CBS News, @ia, @mgerrydoyle, The Verge, TechCrunch, Vanity Fair, Fortune, Rolling Stone, Engadget, The Post Millennial, Gizmodo and @elonmusk, more at Techmeme »
Reuters:
Sources: Murdoch is pursuing the Fox/News Corp merger because combining live game broadcasts and sports coverage would help with Fox's sports betting foray — Rupert Murdoch's proposal to recombine News Corp (NWSA.O) and Fox Corp (FOXA.O) and capitalize on sports betting has yet …
Sara Guaglione / Digiday:
How The Washington Post, NBC News, and SmartNews are preparing for the 2022 US midterms with personalized local news, better content packages, visuals, and more — News apps and aggregators are gearing up for the U.S. midterm elections on Nov. 8 by rolling out new features to help readers …
Discussion:
livewire.io
Stephanie Lai / New York Times:
A look at how political campaigns are using influencers, a practice the FEC's campaign finance laws do not regulate; the practice is bound by the honor system — Campaigns are using social media influencers as a way to reach young and diverse voters, a novel and mostly unregulated strategy.
Discussion:
@juliammccarthy, @stephaniealai and OpenSecrets.org
Alex Ritman / The Hollywood Reporter:
Q&A with Bradley Hope and Tom Wright, former WSJ reporters who wrote Billion Dollar Whale, created the podcast Fat Leonard, which was adapted for TV, and more — Bradley Hope and Tom Wright discuss their “global journalism studio and production company” and fast-tracking podcasts to scripted TV.
The Guardian:
As digital ad revenue declines, Evgeny Lebedev's The Independent puts 52 roles at risk of redundancy in the UK, 30 of which are in editorial, out of ~240 staff — The online-only publisher saw a fifth consecutive year of profitability in 2021, but said it now needs to cut costs
Discussion:
@lorumipsum, @frasermatthew, @adampayne26 and @kierang77
Todd Spangler / Variety:
Roku reports Q3 revenue up 12% YoY to $761.4M, vs. $694M est., 21.9B streaming hours, and 2.3M active accounts added; the stock drops 18%+ on weak Q4 guidance — Roku handily topped Wall Street estimates for the third quarter of 2022, as the streaming platform and media company packed …
Discussion:
Roku, Wall Street Journal, @xpangler, @jtoonkel, Digiday, MediaPost, Adweek, TechCrunch, Media Play News, Next TV, Deadline, The Wrap, The Streamable and The Hollywood Reporter, more at Techmeme »
Mia Sato / The Verge:
Patreon launches a native ad-free video hosting tool for creators, expanding on support for third-party players, available to a select group in beta — The update marks a major shift in how creators on Patreon can share video content with fans. Previously, creators had to upload videos …
Discussion:
Observer, Insider, TechCrunch and Patreon Blog, more at Techmeme »
Corbin Bolies / The Daily Beast:
CNN confirms Jake Tapper will return to his 4pm weekday time slot with his show, The Lead, after anchoring the 9pm slot through the US 2022 midterm elections — The network had said he would host the show through the midterms, but there was speculation he could have held the slot permanently.
Discussion:
Adweek, Semafor, @democraticbear, Deadline, The Wrap, The Hollywood Reporter, The Daily Wire, The Hill, Barrett Media and The Post Millennial
Mark Stenberg / Adweek:
Source: Puck has nearly 200K subscribers, a ~72% paid subscriber open rate, and its ad revenue grew 500% over 2021, when the outlet operated for three months — The newsletter publisher aims to bring premium ads to the inbox — Since launching last August, the news and entertainment publisher Puck …
Discussion:
@dylanbyers, @editorialiste, @pkafka, @juliaioffe, @tarapalmeri, @markstenberg3, The Rising Advantage …, @adweek, @lmoses, @sherman4949, @lokayfox5, @mattnavarra, CBS News and Insider
Brodie Fenlon / CBC News:
Canada's CBC announces plans to close its Beijing bureau, details its earlier expulsion from Moscow after 44 years, and finalizes a two-person bureau in Mumbai — The best journalism results from being on the ground. That's always CBC's 1st choice. … Journalism is not stenography.
The New York Times Company:
The New York Times reports $24.1M in Q3 revenue for The Athletic on a $9.6M loss; the sports outlet has lost nearly $29M in the three quarters post acquisition — NEW YORK, November 2, 2022 - The New York Times Company (NYSE: NYT) announced today third- quarter 2022 diluted earnings per share …
Discussion:
@randomblackrain, @tvgrimreaper, @peterbakernyt, AdExchanger and Poynter
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