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2:35 PM ET, November 9, 2022

Mediagazer

 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 …
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 …
Sara Fischer / @sarafischer:
[Thread] Elon Musk tells advertisers in a Spaces chat that Twitter is working to improve ad relevance, brands will need to pay for verification, and more  —  1/ Live tweeting @elonmusk Twitter spaces w advertisers: Q: What's biggest learning so far? —"The overarching goal here is, how can we make Twitter a force for good in civilization?" —"We want to be in rigorous pursuit of the truth, to be somewhat in the business of truth"
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 …
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
Patrick Frater / Variety:   Media Partners Asia: Disney+ overtook Hulu as Japan's third largest streamer in Q3, with 3.6M subscribers, ahead of Amazon Prime Video's ~16.5M and Netflix's 7M
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
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 …
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.
Manori Ravindran / Variety:
BBC Studios takes full ownership of Voltage TV, which makes documentaries for the BBC, ITV, Netflix, and Amazon Prime, by acquiring Channel 4's minority stake  —  BBC Studios has taken full ownership of British factual producer Voltage TV, whose credits include “Inside the Factory” and “The British Tribe Next Door.”
 
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 More News: 
Thania Garcia / Variety:
Condé Nast sues Drake and 21 Savage for using a fake Vogue cover to promote their album by posting on Instagram and pushing fake Vogue issues in North America
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
 Earlier Picks: 
Alex Weprin / The Hollywood Reporter:
Live programming from NBC and all 210 local NBC affiliates TV stations will begin streaming on Peacock Premium Plus in the US on November 30
Bloomberg:
Sources: UMG, Sony, and Warner have been negotiating with ByteDance for a share of TikTok ad revenue and increased royalties before their contracts expire
Axios:
Sources: Alden abandoned its bid for Lee Enterprises, at least for now, partly due to rising interest rates; filing: Alden sold part of its 6.3% stake in April
 

 
From Techmeme:

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

Gaby Del Valle / The Verge:
The US Senate reauthorizes FISA's Section 702; some communication service providers had threatened to stop cooperating with the US government in case of a lapse

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

 
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