Mediagazer: Sources: Verizon plans a discounted bundle of the ad-supported tiers of Netflix and WBD's Max for ~$10/month combined instead of ~$17/month if bought separately (Wall Street Journal)

10:30 PM ET, November 9, 2023

Top News:

Nick Gallagher / The Messenger:

CNN and the AP cut ties with a Gaza-based freelance photojournalist after a watchdog's report raised questions about four journalists' actions on October 7 — Western media outlets cut ties with Gaza-based Hassan Eslaiah, who is accused of following Hamas terrorists into Kibbutz Kfar Aza, where dozens of Israelis were slaughtered

Mark Bendeich / Reuters:

Reuters, the AP, and The New York Times deny HonestReporting and Israeli officials' suggestions that the outlets had prior knowledge of Hamas' October 7 attack — Reuters denied on Thursday suggestions by media advocacy group HonestReporting that it and other international news organisations …

Wall Street Journal:

Sources: Verizon plans a discounted bundle of the ad-supported tiers of Netflix and WBD's Max for ~$10/month combined instead of ~$17/month if bought separately — Verizon will offer ad tiers of both services for about $10 a month combined, instead of $17 — Two of the nation's highest …

Discussion: Jessica Toonkel on LinkedIn, The Streamable, @tvgrimreaper, Reuters, Media Play News, TV Insider, The Desk and Cord Cutters News

Washington Post:

Over 750 journalists sign an open letter criticizing Western media's coverage of the Israel-Hamas war and condemning Israel's killing of reporters in Gaza — The letter exposes divisions and frustrations within U.S. newsrooms about how they are covering the Gaza conflict.

The Daily Beast:

Memo: G/O Media shuts down Jezebel after not finding a buyer, losing 23 people; G/O Media Editorial Director Merrill Brown exits after joining in January 2023 — The media company has faced months of turmoil. — Jezebel was indefinitely suspended on Thursday as major layoffs hit G/O Media, The Daily Beast has learned.

Mark Stenberg / Adweek:

Leaked audio from a July staff meeting for The Information: its Pro subscription product generated ~$800K in five months, but brand partnership revenue lagged — Its new Information Pro product generated nearly $800,000 in five months — In the first half of 2023, business and tech publisher …

Adi Robertson / The Verge:

Tumblr is downscaling its ambitions after failing to reach its goals for a new audience and plans to focus on the site's “core functionality” in 2024 — Tumblr is downscaling its ambitions after failing to reach goals for a new audience, aiming to move some staff members to other divisions of parent company Automattic.

Discussion: @andy.baio.net, Tumblr, TechCrunch, Engadget, Ars Technica, @andy.baio.net and sreegs, more at Techmeme »

Parker Molloy / The Present Age:

Eight music reporters on USA Today's Taylor Swift reporter hire: the need for critical coverage, the hire as a sign of the state of music journalism, and more — Hello, everyone. I'm really excited about today's newsletter! You'll want to read this one to the end, as it includes …

Discussion: Media Voices, New York Times and Vogue

Winston Cho / The Hollywood Reporter:

Fox Corp names Adam Ciongoli as its new chief lawyer, replacing Viet Dinh, as the company faces shareholder lawsuits and the Smartmatic defamation lawsuit — The Lachlan Murdoch-led company faces a series of lawsuits involving allegations of election falsehoods.

Discussion: Deadline, Fox Corporation, Bloomberg Law and TVNewsCheck

Cesar Hernandez / ESPN:

The National Women's Soccer League announces a new four-year media rights deal, sources say worth $240M, with CBS Sports, ESPN, Prime Video, and Scripps Sports — The NWSL announced a new four-year media rights deal that will partner the U.S. women's topflight with CBS Sports, ESPN, Prime Video and Scripps Sports in 2024.

Discussion: Adweek, Wall Street Journal, TVNewsCheck, Front Office Sports, Yahoo Sports, Next TV and Radio & Television …

Chavi Mehta / Reuters:

News Corp reports Q1 revenue up 1% YoY to $2.5B vs. $2.49B estimated, and net income down 12% YoY to $58M, due to impairment charges from UK printing operations — Media conglomerate News Corp (NWSA.O) beat Wall Street targets for first-quarter revenue on Thursday, boosted by a rise …

Discussion: News Corporation, MediaPost, The Wrap, Talking Biz News and @talkingbiznews

Drew Harwell / Washington Post:

Inside Bryce Adams and Brian Adam's OnlyFans empire run from a $2.5M Florida compound: ~$10M in annual revenue and a $1M+ payroll; Adams' OF has $16.5M in sales — SOMEWHERE IN FLORIDA — In the mornings, the workers of Bryce Adams's OnlyFans empire buzz in through a camera-wired security gate …

Discussion: The Information, @taylorlorenz@mastodon.social, @mathewi@journa.host, Weird Machine and @drewharwell@mastodon.social, more at Techmeme »

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More News:

Radio Ink:
Audacy CEO David Field says the company is working with its lenders “to recapitalize the company's balance sheet”; its Q3 net revenue fell 5.6% YoY to $299.2M

Discussion: Inside Radio, Audacy and RADIO ONLINE

Michael M. Grynbaum / New York Times:
Nexstar Media Group's NewsNation plans to host the GOP presidential debate on December 6 with Megyn Kelly moderating; The Free Beacon and SiriusXM are sponsors

Discussion: The Hollywood Reporter, Adweek, FOX31 Denver, Mediaite, Los Angeles Times, The Messenger, Radio & Television …, Nexstar Media Group, Inc., Variety, TVNewsCheck, Barrett News Media and The Wrap

Peter White / Deadline:
In a memo, Vice Media's co-CEOs say the company is restructuring from five to two lines of business; sources say fewer than 100 people will lose their jobs

Discussion: CNN, @maxwelltani, Variety, The Messenger and The Wrap

Nicole Sperling / New York Times:
A look at the process of restarting productions now that both Hollywood strikes are over; studio sources say starting back up could add $500K to $4M to a budget

Discussion: The Information, Jeff Rosica on LinkedIn, New York Daily News and The Hollywood Reporter

Wes Davis / The Verge:
YouTube plans to roll out a personalized For You section for creators' channels on November 20 “that recommends a mix of content from your channel to viewers”

Discussion: Tubefilter, 9to5Google, Engadget and TechCrunch

Brooks Barnes / New York Times:
As the strikes come to an end, Hollywood's mood is decidedly mixed, as celebratory feelings compete with work stoppage resentment and worries about the next era

Discussion: Los Angeles Times, @barrywaldo, The Week, @leslieuggams1@threads.net, The Guardian, NBC 7 San Diego, Next TV, Associated Press, The Desk and RTÉ

Earlier Picks:

Saritha Rai / Bloomberg:
DreamWorks co-founder Jeffrey Katzenberg says AI will cut the cost of animated movies by 90% in three years, ending the “good old days” of needing 500 artists

Discussion: IndieWire, The Hollywood Reporter, @pogue.omg.lol, 24/7 Wall St., The Wrap, Saritha Rai on LinkedIn and Collider

Omar Younis / Reuters:
Netflix plans to reopen the historic Egyptian Theatre this week after a $70M restoration, preserving its design while adding new sound and projection equipment

Discussion: @egyptianla, @showbizsimon, @alisonmartino, @mickgarrispm, @lulamaybelle, @netflixqueue, @merchmotel, @conor_holt, @lulamaybelle, @colliderfrosty, @merchmotel, @pamelachelin, TODAY.com, Time Out Los Angeles, IndieWire, Forbes and Financial Times

Nancy Tartaglione / Deadline:
Sony Pictures reports Q2 revenue up 13.4% YoY to ~$2.77B and profit up 1% YoY to ~$204M, weighed down by lower TV and streaming service licensing revenue

Discussion: Media Play News, The Wrap and Variety, more at Techmeme »

Sara Guaglione / Digiday:
Half a dozen executives at Black-owned publishers say ad keyword blocklists and third-party verification firms keep flagging their content as unsafe for brands

Discussion: Cavel Khan on LinkedIn, Vanessa Otero on LinkedIn and American Press Institute

Manish Singh / TechCrunch:
Bob Iger says Disney “would like to stay” in India; Hotstar is struggling with churn, losing ~23M subscribers over the past year, including 2.8M in its Q4 2023

Discussion: @florian4gamers, NBC 7 San Diego, The Walt Disney Company, Forbes and CNBC

Washington Post:
The Washington Post deletes an editorial cartoon that depicted a Hamas leader using civilians as human shields, which was criticized as racist and dehumanizing

From Techmeme:

Bloomberg:
Source: CoreWeave plans to cut its IPO from $2.7B to ~$1.5B, offering ~37.5M shares at $40 each, vs. 49M shares at $47 to $55, as market volatility hurts demand

Amanda Silberling / TechCrunch:
Nintendo unveils Virtual Game Cards to make it easier for users to port over their existing Switch games to other devices and lend out games, available in April

Amanda Silberling / TechCrunch:
Appfigures: Signal downloads were up 45% from the daily average on March 24 in the US and up 42% in Yemen, after The Atlantic's story; global downloads grew 28%

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