Top News:
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:
The Indian Express, Washington Post, Accountable Tech, Bloomberg, @niubi, @tinu, @tinu, @niubi, @taylorlorenz, @niubi, @hamishmckenzie, @tinu, @hamishmckenzie, @revkin, @ricmac, @rsingel, @david_moscrop, @hamishmckenzie, @hunterw, @pkafka, @hamishmckenzie, @taylorlorenz, New York Times, Engadget, Decrypt, Empathy, Reuters, Insider, Adweek 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:
Bloomberg, @hshaban, @willoremus, Insider, The Guardian, @alwaystheself, @joshtpm, Forbes, The Information, @zackscott, Raw Story, @omarisankofa, @embryethan, @dancow, @thejasonkirk, @colincowherd, Tubefilter, @tomwarren, @digiphile, @asemota, @helenkennedy, @film_girl, @ruthbenghiat, @carnage4life, @maxboot, @jeremynewberger, @joyannreid, CBS News, The Verge, @ia, @mgerrydoyle, TechCrunch, ScreenRant, Vanity Fair, Simon Owens's Media Newsletter, Fortune, Rolling Stone, The Post Millennial, Gizmodo and @elonmusk, more at Techmeme »
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
Discussion:
MediaNama, Financial Times, @mikeisaac, Financial Times, CNBC, The Hill, Wall Street Journal, @megancgraham, @crampell, Reuters, Bloomberg, @newley, @meghanbobrowsky, The Drum, @johnmcquaid, @chuckrossdc, @redsteeze, MediaPost, @mollyjongfast, @goangelo, @nicolelgill, @mikeisaac, Vox, @davekarpf, @richsignorelli, @kathmschmidt, @angiejaime, @garettsloane, @ryanbarwick, @garettsloane, Day In The Life, Barrett Media, Politico, New Republic, Variety, New York Post and Ad Age, more at Techmeme »
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 and Meta
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:
TechCrunch and Patreon Blog, more at Techmeme »
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, Adweek, MediaPost, TechCrunch, Media Play News, Next TV, Deadline, The Wrap, The Streamable and The Hollywood Reporter, more at Techmeme »
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.
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, @adweek, @lmoses, @sherman4949, @lokayfox5, @mattnavarra and Insider
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 …
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, New York Post, Mediaite, Deadline, The Wrap, The Hollywood Reporter, The Hill, The Daily Wire and The Post Millennial
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, @kierang77 and @adampayne26
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 — Instagram will soon have NFT creation and trading tools built in, but in-app purchases will be “subject to applicable app store fees.”
Discussion:
Search Engine Journal, The Verge, @dangillmor, Crypto Blurt, @pbump, CoinDesk, 9to5Mac, Engadget and TechCrunch, more at Techmeme »
Sarah Scire / Nieman Lab:
NPR launches NPR+, a paid podcast bundle offering 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 …
Discussion:
@gbrumfiel, Media Voices, @robenfarzad, @sarahscire and @jljacobson
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.
Discussion:
@joannachiu, @anthonygermain, @jotted, @m_johnston1, @billbirtles, @dougsaunders, @suilee, @mbernardonews, @cbcnewsbc, @shtweet, @donweinland, @sasapetricic and Al Jazeera
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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