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7:10 PM ET, November 1, 2023

Mediagazer

 Top News: 
Cheyenne Roundtree / Rolling Stone:
Filing: text messages show HBO executives used fake Twitter accounts to troll TV critics and comment on trade publication stories from June 2020 to April 2021  —  Casey Bloys ordered staffers to create fake accounts to fire back at critics, according to text conversations reviewed by Rolling Stone as part of a new lawsuit
The Walt Disney Company:
Disney intends to acquire the 33% stake in Hulu held by Comcast's NBCUniversal, giving Disney full ownership; Disney expects to pay NBCU ~$8.61B by December 1  —  The Walt Disney Company (NYSE: DIS) announced today that it will acquire the 33% stake in Hulu, LLC held by Comcast Corp.'s …
New York Times:
Condé Nast plans to cut ~5% of its workforce, or ~270 staff, citing digital ad pressures, a decline in social media traffic, and shifting audience behaviors  —  Roger Lynch, the chief executive, said the company was grappling with digital advertising pressures, a decline in social media traffic and shifting audience behaviors.
Howard Koplowitz / al.com:
Atmore News says its publisher and one of its reporters were arrested on October 27 for allegedly revealing grand jury secrets in a COVID-19 funds investigation  —  A press freedom group on Tuesday called for charges to be dropped against the Alabama newspaper publisher and a reporter arrested Friday …
Todd Spangler / Variety:
Memo: Daily Beast CEO Heather Dietrick is leaving to become chief media officer of Outside Inc., overseeing operations and 150+ staffers, at the end of 2023  —  Dietrick has been hired as chief media officer at Outside Interactive, whose 13 editorial brands include Outside Magazine, Backpacker …
Discussion: The Wrap and The Daily Beast
Filipe Espósito / 9to5Mac:
Apple quietly discontinued Apple Music's $4.99/month Voice Plan, which was introduced in 2021 and let users access the Apple Music catalog exclusively via Siri  —  Apple this week held a special event to announce new Macs, but what the company didn't tell is that it has just quietly discontinued the …
Dade Hayes / Deadline:
Kino Lorber launches Kino Film Collection, a $6-per-month streaming service for arthouse and specialty films, available on Prime Video Channels in the US  —  - Condé Nast Laying Off 5% Of Its Workforce, Citing “Volatile” Nature Of Digital Video Marketplace
Bron Maher / Press Gazette:
Cartoonist Zoom Rockman resigns after feeling “disrespected” by UK-based Private Eye's response to an online threat over his cartoon parodying antisemitism  —  Zoom Rockman said he felt “disrespected” by Eye management.  —  Private Eye cartoonist Zoom Rockman has resigned …
Discussion: Mediaite and @the_zoomcomic
 
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 More News: 
Brian Steinberg / Variety:
Shareholder letter: Netflix says its ad tier has 15M+ MAUs globally, accounting for ~30% of new sign-ups where it's available, and plans new ad formats for 2024
 Earlier Picks: 
Gerry Shih / Washington Post:
Apple told some Indian journalists that they had been targeted in state-backed iPhone cyberattacks, without attributing “any specific state-sponsored attacker”
Financial Times:
Sources: Hunterbrook, founded by investor Nathaniel Brooks Horwitz and writer Sam Koppelman, plans a $100M fund to trade on stories unearthed by its news arm