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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 …
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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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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
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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 »

Sources: ad holding company IPG has issued a recommendation through its media agencies for clients to pause spending on Twitter because of moderation concerns
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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 »


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.
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Facebook, @helnzhou, Search Engine Journal and Meta


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 …
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TechCrunch and Patreon Blog, more at Techmeme »


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 …
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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 »


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.


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 …
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@dylanbyers, @editorialiste, @pkafka, @juliaioffe, @tarapalmeri, @markstenberg3, @adweek, @lmoses, @sherman4949, @lokayfox5, @mattnavarra and Insider


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 …


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.
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Adweek, Semafor, @democraticbear, New York Post, Mediaite, Deadline, The Wrap, The Hollywood Reporter, The Hill, The Daily Wire and The Post Millennial


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
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@lorumipsum, @frasermatthew, @kierang77 and @adampayne26


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.”
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Search Engine Journal, The Verge, @dangillmor, Crypto Blurt, @pbump, CoinDesk, 9to5Mac, Engadget and TechCrunch, more at Techmeme »


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 …
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@gbrumfiel, Media Voices, @robenfarzad, @sarahscire and @jljacobson


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.
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@joannachiu, @anthonygermain, @jotted, @m_johnston1, @billbirtles, @dougsaunders, @suilee, @mbernardonews, @cbcnewsbc, @shtweet, @donweinland, @sasapetricic and Al Jazeera

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 …
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@randomblackrain, @tvgrimreaper, @peterbakernyt, AdExchanger and Poynter
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