Top News:
Kyle Wiggers / TechCrunch:
After rolling out Twitter's “Official” label to select high-profile accounts, Elon Musk says he “killed it” in a reply to YouTuber MKBHD — Update: Well, that was fast. The grey checks have begun to disappear following a tweet from Twitter CEO Elon Musk implying …
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Wendy Lee / Los Angeles Times:
Journalists rethink using Twitter due to uncertainty around identity verification and its utility for reporting; Twitter's traffic-boosting value has been minor — The complaints, fears and angst surrounding changes at troubled tech giant Twitter began unraveling on its own platform …
Discussion:
TechCrunch, New York Times, Platformer, The Hill, @jkbjournalist, @ron_miller, @journalistslike, @benhoffmannyt, @mrhands31, @cathjsweeney, @latimes, @mattdpearce, Fortune and Associated Press
Steven Perlberg / Insider:
Bloomberg doesn't plan to cover staff's Twitter Blue verification and CNN says it's “highly unlikely”; Puck calls the cost an extension of its marketing budget — - Twitter is planning to require users to pay to keep their verification. — Insider asked 14 newsrooms whether …
Discussion:
@esthercrawford, The Verge, @maxwelltani, MacRumors, @mattdpearce, @caseynewton, @adamsessler, @dangillmor, @malwaretechblog, @brooklynmarie, @mmasnick, @jamesrbuk, @muellershewrote, @evacide, @emilybell, @jayrosen_nyu, @mattdpearce, @axelmerk, @zenofdesign, @harrymccracken, @semaforben, @latimes and @stuartathompson
Sarah Whitten / CNBC:
Disney misses on Q4 revenue, up 9% YoY to $20.15B vs. $21.24B est., but adds 12.1M Disney+ subscribers for a total of 164.2M, vs. 160.45M est.; stock down 10%+ — - Disney reports earnings after the market closes on Tuesday. — The company will hold an earnings conference call at 4:30 p.m. ET.
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Lauren Forristal / TechCrunch:
Disney hit 235.7M global streaming subscribers in its Q4, above Netflix's 223.1M in its Q3; Disney+ had 164.2M subscribers, Hulu had 47.2M, and ESPN+ had 24.3M
Discussion:
The Streamable, CNBC, Deadline, Engadget, @jschwarz9, @jbflint, Observer, The Verge, The Wrap, Awful Announcing and Barrett Media, more at Techmeme »
Jem Aswad / Variety:
YouTube says Music and Premium together have 80M+ paying subscribers, up from 50M in September 2021, and payments to creators and others reached $50B since 2019 — It's a dramatic leap, especially for a platform where so much can be had for free, and would seem to place YouTube …
Discussion:
YouTube Official Blog, CNET, TechCrunch, Spotify, The Streamable, Music Ally, 9to5Google, Music Business Worldwide, The Verge, @jakuuire and @justinflood, more at Techmeme »
Yuvraj Malik / Reuters:
News Corp reports Q1 revenue down 1% YoY to $2.48B, vs. $2.5B expected, boosted by its Dow Jones unit's subscription sales, helping partially offset ad weakness — News Corp (NWSA.O) missed Wall Street estimates for first-quarter revenue on Tuesday, as a prolonged weakness …
Discussion:
Talking Biz News, New York Post, MarketScreener, @markdistef and Australian Financial Review
Stephen Battaglio / Los Angeles Times:
A look at free news channels: NBC News Now averages 34M streaming hours per month in 2022, up 55% YoY; ABC News had 41M streaming hours in September, up 73% YoY — If TV news legends Walter Cronkite or David Brinkley were alive and still reporting today, you probably would be watching them on a streaming channel.
Discussion:
@latimes
Wall Street Journal:
Sources: Netflix bid on some ATP tennis tour streaming rights but dropped out and has considered bidding on other sports events or buying lower-profile leagues — Streaming giant eyes sports like tennis and surfing; Co-CEO Reed Hastings has been wary of rising costs for rights
Discussion:
Ad Age, MediaPost, @jason_kint, @aexm, @bypatforde, @slmandel, Digiday, @bozitatarevic, @rwhelanwsj, @claireatki, @kimmasters, Too Much TV Newsletter, The Information, Next TV, Media Play News, Deadline and The Streamable
Georg Szalai / The Hollywood Reporter:
ITV reports external revenue for January to September rose 6% YoY to £2.52B, ITV Studios rose 16% YoY to £1.39B, and Q3 ad revenue fell 14% — But ITV Studios revenue grew 16 percent over the first nine months. — U.K. TV giant ITV reported a 14 drop in third-quarter advertising …
Discussion:
The Guardian, Deadline, Reuters, Financial Times and Variety
Jon Keegan / The Markup:
A look at data brokers selling “comprehensive” profiles of potential voters to campaigns, including phone geolocation data gleaned from real-time auctions — Before you got in line on Election Day, the emerging and largely unregulated political tracking industry was able to trace your movements
Discussion:
@jonkeegan, @katersully, @jonkeegan, @faeriedevilish, @wexler, @jonkeegan, @jonkeegan, @omarsrashad, @martinriedl, @geoffreyfowler, @chronotope and @stephenjadler
Dominic Ponsford / Press Gazette:
UK police arrested an LBC reporter and two photographers, who were covering a protest by Just Stop Oil on the M25 highway, on Tuesday — A documentary photographer, a press photographer and a reporter for LBC were arrested and detained by police yesterday for filming an eco-protest by Just Stop Oil on the M25.
Discussion:
Financial Times, The Guardian, @lbc, @charlotterlynch, Daily Mail, @pippacrerar, London Evening Standard, The Independent, @narcomania, @adamparsons, @eerkeboiten, @olyduff, @shashj, @chrismarshll, @sjamcbride, @patrickstrud, @tbij, @domjoly, @tobyvenables, @jane__bradley and @danbojones
Matt Bai / Washington Post:
Given the time needed to count mail-in votes, TV networks should cancel the meaningless and misleading single election night, which erodes faith in the system — I once looked forward to election nights the way normal people look forward to the Super Bowl.
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