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5:00 PM ET, November 6, 2023

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 Top News: 
Financial Times:
Sources detail Hunterbrook's plans for a “news hedge fund” and questions over its operations, complying with securities law, and retaining credibility  —  ‘Narrow needle to be threaded’ as start-up combines journalism with trading house  —  This summer, as investor Nathaniel Brooks Horwitz …
Lucas Shaw / Bloomberg:
Digital-i: fewer than 5% of Netflix's original programs in 2022 would have triggered performance bonuses under the new WGA-AMPTP contract  —  Using Hollywood's new metrics, less than 5% of streaming originals count as hit shows.  —  Let's kick things off with a fun data point.
Chris Willman / Variety:
Gannett appoints Bryan West as its Taylor Swift reporter, working out of the Tennessean's newsroom for USA Today and other Gannett local dailies  —  Gannett, the biggest newspaper chain in the U.S., no longer has a blank space under the title of “Taylor Swift reporter.”
Jacob Kastrenakes / The Verge:
Meta says there are now 1M active subscriptions to Instagram creators, just over a year after launching the subscriptions feature, and unveils new creator tools  —  There are now 1 million paid subscriptions to creators on Instagram, slowly transforming the platform into a space where creators can get paid directly by their fans.
Discussion: Meta, more at Techmeme »
Washington Post:
A look at changes in MrBeast's hometown of Greenville, NC: studios, high-stress new jobs, random pyrotechnics, and a college course on creating YouTube content  —  Jimmy ‘MrBeast’ Donaldson brought jobs to his North Carolina hometown.  Now locals are part of the show, whether they like it or not.
Tim Ingham / Music Business Worldwide:
Sources: Spotify sets the threshold to receive royalties at 1,000 annual streams per track, demonetizing 0.5% of its Streamshare that earn less than $0.05/month  —  Last month Music Business Worldwide broke the news that major changes were coming to Spotify's royalty model in Q1 2024.
Brian Steinberg / Variety:
CBS News and Stations launches CBS News Confirmed to examine misinformation and deepfakes, led by SVP and Head of Standards and Practices Claudia Milne  —  CBS' news-and-stations division will launch a new unit to examine misinformation and so-called “deepfakes,” or false videos that can often be generated via artificial intelligence.
Nate Freeman / Vanity Fair:
How an open letter supporting Palestinians led to Artforum EIC David Velasco's firing, staff quitting in protest, and repercussions that are still playing out  —  The touchstone art publication's editor David Velasco decided, along with some members of his staff, to post an open letter …
Mia Sato / The Verge:
TikTok says its $1B creator fund will end on December 16 2023 for creators in the US, UK, Germany, and France; creators in Italy and Spain won't be affected  —  TikTok's $1 billion creator fund will come to an end on December 16th, 2023, the company told users today.
Washington Post:
The Washington Post names former Wall Street Journal publisher and former Dow Jones CEO William Lewis as its new publisher and CEO, effective January 2, 2024  —  The Washington Post announces William Lewis as its new Publisher and CEO.  Lewis will assume the role effective Jan. 2, 2024 …
RELATED:
New York Times:
A profile of The Washington Post's next CEO, Will Lewis, a UK-born former reporter and former Telegraph EIC who co-founded The News Movement for young audiences
 
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 More News: 
Sara Fischer / Axios:
Jason Wagenheim leaves BDG Media to become the first North America CEO of Footballco, which owns soccer websites, ahead of the 2026 World Cup on the continent
Alex Weprin / The Hollywood Reporter:
Disney names PepsiCo vice chairman and CFO Hugh Johnston as its senior executive VP and CFO, starting on December 4; CFO Christine McCarthy left in June 2023
 Earlier Picks: 
Wes Davis / The Verge:
A look at companies' responses, including from Meta, Google, Microsoft, Adobe, and Apple, to potential US Copyright Office rules for AI and copyrighted content
Deadline:
SAG-AFTRA says it's reviewing a proposal the AMPTP calls its “last, best, and final offer”; source: the offer includes a wage increase and “full” AI protections