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6:15 PM ET, October 16, 2019

Mediagazer

 Top News: 
Annie Palmer / CNBC:
Netflix reports Q3 revenue of $5.25B, up 31% YoY, 158M paid subs globally, up 21% YoY, as net adds increase to 6.8M, up 12% YoY but below 7M company forecast  —  - Shares of Netflix surged after the company reported better-than-expected earnings results for the third quarter.
Rick Edmonds / Poynter:
Sources: USA Today's print version likely will wind down after Gannett-GateHouse merger; USA Today publisher, however, says no plans exist to end print edition  —  After a nearly 40-year run, USA Today and its digital sites are about to undergo a major restructuring that will include building …
Natalie Jarvey / Hollywood Reporter:
Inside Bob Iger's risky bet on Disney+, set to launch with 35 originals in first year, which executives hope will have 60M to 90M global subscribers by 2024  —  Disney+ leads a wave of billion-dollar Netflix competitors that are transforming the entertainment industry and launching a new age of ambition …
RELATED:
Jason Gurwin / The Streamable:
Netflix says it expects “modest headwind” to near-term growth, but long-term growth should continue as new streaming services accelerate shift from linear TV
Matthew Belloni / Hollywood Reporter:
Q&A with Lachlan Murdoch about post-Disney plans, Fox Nation success, infighting at Fox News: “unfortunately in the [US], there is less and less civil debate”  —  The Fox Corp. executive chairman and CEO explains his vision for a slimmed-down company, from acquisitions to sports betting as …
Craig Silverman / BuzzFeed News:
Investigation: US ad agency Ads Inc. ran a subscription-based Facebook scam whereby users rented their account to Ads Inc., which ran $50M in ads since 2016  —  Asher Burke built his company, Ads Inc, on the back of one of the internet's most persistent, lucrative, and sophisticated scams — the subscription trap.
RELATED:
BuzzFeed News:
As Facebook says politicians can lie in ads, so far in October it has banned 160+ ads from Trump, Biden, Warren, Sanders, Steyer for profanity and fake buttons
Kelsey Sutton / Adweek:
NBC News and Wondery team up to develop a slate of original news and politics podcasts beginning in 2020; NBC News will continue developing in-house podcasts  —  Podcast publisher will also take over advertising sales and marketing  —  NBC News and Wondery are teaming up to develop a slate …
Discussion: MediaPost and Bloomberg
Todd Spangler / Variety:
Thrillist names Helen Hollyman, food writer and founding editor of Vice's Munchies, as its new editor-in-chief  —  Thrillist, part of Discovery-backed Group Nine Media, has named food writer and journalist Helen Hollyman its new editor-in-chief.  —  Hollyman will be based in Thrillist's …
Discussion: MediaPost
Joe Otterson / Variety:
NYT reporter Mike Isaac's book, Super Pumped: The Battle for Uber, will be the basis for a Showtime series, to be developed by Brian Koppelman and David Levien  —  Brian Koppelman and David Levien are developing a limited series about ridesharing company Uber for Showtime.
Hollywood Reporter:
Inside's Apple steep learning curve with TV+ and Hollywood, as sources say the company already well outspent its projected $1B annual content budget  —  After a few false starts and a little offscreen drama, AppleTV+ finally makes its big debut with a slate of shows, Jennifer Aniston …
Tacey Rychter / New York Times:
Booktopia and Amazon in Australia, two of the country's biggest online booksellers, have suspended sales of Catch and Kill, due to Dylan Howard's legal threats  —  “Catch and Kill” was pulled from two of Australia's biggest online book retailers amid legal threats from the former National Enquirer editor …
Joe Uchill / Axios:
MIT researchers show ML models aren't yet capable of effectively distinguishing false news reports and reveal flaws in a commonly used database in the field  —  Current machine learning models aren't yet up to the task of distinguishing false news reports, two new papers by MIT researchers show.
Discussion: Fast Company
Brian Stelter / CNN:
ProPublica and The Texas Tribune are creating a joint investigative reporting team of 11 people, with a 5-year commitment funded by $5.75M via Arnold Ventures  —  New York (CNN Business)ProPublica is widely thought to be the gold standard of nonprofit investigative journalism.
 
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 More News: 
Stephanie Findlay / Financial Times:
In India, food delivery company Zomato, ecommerce company Flipkart, and others are developing streaming video content to compete with Netflix, Amazon, Hotstar
Freddy Mayhew / Press Gazette:
The Sun, the most-read newsbrand in print and online in the UK, plans to expand its digital operations to the US
Discussion: News UK Ltd
Laura Hazard Owen / Nieman Lab:
Based on research and 260+ surveys, the News Integrity Initiative releases the Journalists of Color Resource Guide, addressing salary, career growth, and more
 Earlier Picks: 
Freddy Mayhew / Press Gazette:
About 20 staff members at Reach face layoffs as the UK company integrates teams after its buyout of Express and Star
Discussion: Talking Biz News
Paul Bond / Hollywood Reporter:
A look at the investments made by TPG Capital, arguably the premier private investor in media and entertainment, in Vice, CAA, and STX Entertainment
Zack Whittaker / TechCrunch:
Twitter to restrict user interactions with world leaders' tweets that it deems violate its rules, letting users quote-tweet, but not retweet, like, reply, share
Freddy Mayhew / Press Gazette:
Sky launches “Sky News: Brexit Free” channel on TV and YouTube in response to a study that found that 70% of news-avoiding Brits were doing so because of Brexit
August Graham / Independent.ie:
UK's Telegraph Media Group reports a 61%+ fall in operating profits YoY to £8.1M in 2018 even as subscription revenue rose 10% YoY, making up 54% of revenue