Top News:
Medium:
Meg Whitman and Jeffrey Katzenberg confirm Quibi is shutting down: “Our failure was not for lack of trying; we've considered and exhausted every option” — We started with the idea to create the next generation of storytelling and because of you, we were able to create and deliver …
Discussion:
The Information, @benmullin, CNN, Deadline, The Wrap, Adweek, Poynter, Deadline, Ad Age, @jtoonkel, The Verge, @tonyromm, Simon Owens's Tech …, NME, Digital TV Europe, Forbes, Beyond Search, CNBC, Bloomberg, @thequartering, @jayrosen_nyu, @travistefft, @ashkan, Tubefilter, @yoda, @jessicalessin, @pkafka, @yoda, @loudmouthjulia, @nash076, @pkafka, @greg_jenner, @lessin, @nicoleperlroth, @yoda, Animation Magazine, @jcrutchmer, Top Celebrity News …, @pierce, @hshaban, @ericmgarcia, @ryankadro, @emilydreyfuss, @kateclarktweets, ScreenRant, @bristei, @thrasherxy, @hshaban, @scalzi, @campster, Vox, @yoda, @emilybell, @michaelbyrnes, @pinboard, @mattrosoff, @jessicalessin, @chrismessina, @yoda, @mekosoff, @kimmasters, @ashkan, @annehelen, @rmac18, @jeremymbarr, The Information, @jank0, @jbenton, Pop Culture Curriculum, CNET, Forbes, Variety, Fast Company, TVNewser, Los Angeles Times, The Guardian, The A.V. Club, New York Post, CNET, Vanity Fair, Ad Age, MediaPost, Adweek, ComingSoon.net, Gizmodo, CNET, Game Rant, Bloody Disgusting!, MacRumors, TVLine, 9to5Mac, Engadget, TechCrunch, IndieWire, UPROXX, The Playlist, New Republic and Fortune, more at Techmeme »
Discussion:
Ben Mullin / @benmullin: During a video call with employees Wednesday, an emotional Mr. Katzenberg suggested Quibi staffers listen to the song “Get Back Up Again,” sung by actress Anna Kendrick in the animated film “Trolls,” to buoy their spirits: https://www.wsj.com/...
Dominic Patten / Deadline: Quibi's Jeffrey Katzenberg & Meg Whitman Detail “Clear-Eyed” Decision To Shut It Down
Tim Baysinger / The Wrap: Jeffrey Katzenberg's Quibi Confirms Shutdown, Will Sell Assets
Tom Jones / Poynter: The third person on tonight's debate stage might be the most important. So who is Kristen Welker?
I-Hsien Sherwood / Ad Age: Quibi calls it quits, and a final presidential debate looms: Thursday Wake-Up Call
Jessica Toonkel / @jtoonkel: Quibi investor call has started. Katzenberg wearing a suit, while Whitman is going through slides of the history of the company
Chaim Gartenberg / The Verge: Quibi is shutting down — The shortform video service had the shortest run of all
Tony Romm / @tonyromm: RIP Quibi, 2020-2020 A company committed to keeping things short, in a quite literal sense. https://www.wsj.com/...
Jonathan Easton / Digital TV Europe: Quibi shuts down after seven months
Stephen E. Arnold / Beyond Search: Quibi and Its Open Letter: An Idea Probably Not Considered
Kelly Gilblom / Bloomberg: Quibi Will Close Down in One of Hollywood's Biggest Flops
@thequartering: I don't think I have ever seen a startup burn through so much cash so quickly and just completely fail. https://twitter.com/...
Jay Rosen / @jayrosen_nyu: App raises $1.75 billion. Six months after launch... it shuts down. https://twitter.com/...
Ashkan Karbasfrooshan / @ashkan: Quibi's biggest assets/strengths were: 1) Jeffrey Katzenberg himself 2) Its owners: Disney, NBCUniversal, Time Warner, Viacom, and Sony Pictures Huge missed opportunity to have those rights holders aligned enough with JK and not hatch the right plan! Shame https://www.mediagazer.com/...
James Hale / Tubefilter: Quibi Is Shutting Down — Quibi is calling it quits. — Seven months post-launch …
Drew Olanoff / @yoda: that's *SOME* of why quibi failed. now go read this: https://quibi-hq.medium.com/ ... lol
Jessica Lessin / @jessicalessin: This is a very good letter. https://quibi-hq.medium.com/ ...
Peter Kafka / @pkafka: Official Quibi RIP https://quibi-hq.medium.com/ ...
Drew Olanoff / @yoda: delusional up until the very end https://quibi-hq.medium.com/ ... CONSUMERS refused to “buy” quibi content, so why would anyone else https://twitter.com/...
Julia Alexander / @loudmouthjulia: “Quibi is not succeeding. Likely for one of two reasons: because the idea itself wasn't strong enough to justify a standalone streaming service or because of our timing. Unfortunately, we will never know...” Katz and Whitman open letter re: Quibi. https://quibi-hq.medium.com/ ...
@nash076: Katzenberg keeps trying to blame the pandemic for Quibi's failure, and not the fact it was a ridiculous fucking idea no one was ever going to pay money for. The headline shows were a sex doll on a road trip and Dollar Store Bojack Horseman., you idiot. https://quibi-hq.medium.com/ ...
Peter Kafka / @pkafka: For the record, Katzenberg still thinks launching during a pandemic was bad for Quibi. But also allows that maybe “the idea itself wasn't strong enough to justify a standalone streaming service.” https://twitter.com/...
Greg Jenner / @greg_jenner: Wow. A £1.5b streaming platform dead within 6 months of launch 🤨 https://twitter.com/...
Sam Lessin / @lessin: I really (truly) applaud Katzenberg's crazy / bold shot on goal with Quibi AND his super fast move to shut it down when it clearly wasn't working (vs slowly bleeding out) https://thein.fo/...
Nicole Perlroth / @nicoleperlroth: My neutral non-pile-on q re Quibi is what happens to the patents on the technology that enabled viewers to watch a film vertically/horizontally?
Drew Olanoff / @yoda: - content is king is a real thing, not a suggestion - execs spent way too much time overhyping this “new” way of viewing content when all we want is good content - investors pumped WAY too much money too soon into something that should have been playing the long long game
Mercedes Milligan / Animation Magazine: Mobile-First Streamer Quibi Shutting Down, Leaving Toons in the Lurch
Josh Crutchmer / @jcrutchmer: nobody tell quibi https://twitter.com/...
Brent Furdyk / Top Celebrity News, Hollywood Headlines: Short-Video App Quibi Shutting Down Just Months After Launch
David Pierce / @pierce: This is ... an incredibly sad letter. So many things like this are like “failure is the great teacher” and “remember when Michael Jordan got cut from the team” but this just says, we failed and it sucks. Kinda gutting to read https://twitter.com/...
Hamza Shaban / @hshaban: On Wednesday, Quibi founder Jeffrey Katzenberg called investors to tell them he is shutting the service down, the WSJ reports https://www.wsj.com/...
Eric Michael Garcia / @ericmgarcia: The last time Meg Whitman dumped this much money into something unsuccessful was when she ran for governor of California. https://twitter.com/...
Ryan Kadro / @ryankadro: Big thanks to Jeffrey & Meg, everyone @Quibi, & all of our amazing partners for a terrific 18 months. I'm grateful for the opportunity and would do it all again tomorrow. Thanks for all the support from family, friends and colleagues. #grateful https://quibi-hq.medium.com/ ...
Emily Dreyfuss / @emilydreyfuss: Quibi never made sense to me personally because I dont like short videos. (I like Korean dramas bc there are always 100 episodes and they are all 1.5 hours long.) But that said! My husband loves short videos. Quibi was perfect for him and yet he hadn't ever heard of it. https://twitter.com/...
Kate Clark / @kateclarktweets: Jeffrey Katzenberg personally invested $5.5 million in Quibi's Series A, while Meg Whitman put in $10.5 million. They will lose millions. Later investors will lose even more: https://www.theinformation.com/ ...
Bethany Guerrero / ScreenRant: Quibi Is Officially Shutting Down, Selling Off Assets
Brian Steinberg / @bristei: Quibi's Katzenberg and Whitman on company's demise: ‘All that is left now is to offer a profound apology for disappointing you and, ultimately, for letting you down. We cannot thank you enough for being there with us, and for us, every step of the way’ https://quibi-hq.medium.com/ ...
Dr. Steven W. Thrasher / @thrasherxy: Is Meg Whitman shuttering it so she can join the Biden administration as Secretary of Labor or nah https://twitter.com/...
Hamza Shaban / @hshaban: Striking that the two people in charge of Quibi, two veteran CEOs, fail to mention any of their mistakes, their lack of relevant experience, their failure to understand their audience, but instead pin their failure — in part and only possibly — on “timing” https://quibi-hq.medium.com/ ...
John Scalzi / @scalzi: They've put the Quibosh on it https://www.wsj.com/...
Chris Franklin / @campster: I mean, what else did you expect the guy who bet the farm that everyone wants Expensively Produced Content By Industry Professionals Over That Other Online Crap to say https://twitter.com/...
Peter Kafka / Vox: In defense of Quibi — Quibi founder Jeffrey Katzenberg in January 2020. Denise Truscello/Getty Images for Quibi
Drew Olanoff / @yoda: some of why quibi failed: - the execs were arrogant - the execs didn't know what they were doing - instead of just letting the talent build, they couldn't help but talk - the execs took any and all press opportunity to “tease” which overhyped what was really poor execution
Emily Bell / @emilybell: All money diverted toward journalism so far by Facebook /Google < $600 m. Money media execs spent in 1 year on Quibi (RIP) $2 billion ... ( ie the media industry's priorities suck too) https://twitter.com/...
Michael Byrnes / @michaelbyrnes: Can't wait for the inevitable book on this. Quibi will become the byword for corporate hubris...and it was never “high flying”. It was a total dud from the start. https://twitter.com/...
@pinboard: I want to amplify this because as an independent developer, this stuff makes me really angry. The volume of venture capital that pours through the industry makes it almost impossible to compete the way a free market is supposed to work—on the strength of your product or service https://twitter.com/...
Matt Rosoff / @mattrosoff: Found it refreshingly honest. But yeah, not uplifting. https://twitter.com/...
Jessica Lessin / @jessicalessin: It's over. Latest from @cityofthetown and @jtoonkel https://www.theinformation.com/ ...
Chris Messina / @chrismessina: Sheesh, the official #RIPQuibi post only has 254 claps. https://quibi-hq.medium.com/ ... https://twitter.com/...
Drew Olanoff / @yoda: if quibi was a good idea, well executed and had decent content, it would have exploded BECAUSE of the pandemic https://quibi-hq.medium.com/ ... https://twitter.com/...
Maya Kosoff / @mekosoff: the truest proof of quibi's dedication to shortform content? its corporate lifespan https://www.wsj.com/...
Kim Masters / @kimmasters: “Quibi is not succeeding. Likely for one of two reasons: because the idea itself wasn't strong enough to justify a standalone streaming service or because of our timing.” I can help with this one. https://quibi-hq.medium.com/ ...
Ashkan Karbasfrooshan / @ashkan: While it's easy to critique and ridicule: https://quibi-hq.medium.com/ ... https://www.mediagazer.com/... I am reminded of this: https://en.wikipedia.org/... Always have respect for entrepreneurs who try.
Anne Helen Petersen / @annehelen: This is genuinely funny but shaded with the dark reality of dozens of staffers (probably permalancers on shitty contracts) who are going to try and look for work now; should've set some of that Monopoly money aside for severance packages for people who aren't already millionaires https://twitter.com/...
Jeremy Barr / @jeremymbarr: My friend Ben has done an excellent job owning this story, right until the very end of Quibi https://twitter.com/...
Janko Roettgers / @jank0: Quibi's wind-down news release starts with the words “Quibi Holdings, LLC, the mobile-first media technology platform” ... Which I guess makes sense if you are trying to sell assets, but don't actually own any long-term content rights. https://twitter.com/...
Joshua Benton / @jbenton: R.I.P. @Quibi, whose life lasted only a few quick bites https://www.theinformation.com/ ...
Mary Colussi / Pop Culture Curriculum: pop culture curriculum #8
Joan E. Solsman / CNET: Quibi to shut down, a flameout less than 7 months after launch
Madeline Berg / Forbes: Quibi By The Numbers: From Sizzle Reel To Sunken Ship In Less Than Seven Months
Jared Newman / Fast Company: Quibi is already dead
Shannon Miller / The A.V. Club: Welp, Quibi's done
Alexandra Steigrad / New York Post: Jeffrey Katzenberg's video app Quibi is shutting down after six months
Joan E. Solsman / CNET: Quibi to shut down, report says, a flameout less than 7 months after launch
Karlene Lukovitz / MediaPost: Quibi Throws In The Towel
Kelsey Sutton / Adweek: Quibi Is Shutting Down After Just 6 Months
Grant Hermanns / ComingSoon.net: Streaming platform Quibi reportedly shutting down
Catie Keck / Gizmodo: RIP Quibi — After several tumultuous months during which each new week brought more bad news for Quibi …
Joan E. Solsman / CNET: Quibi: Everything to know about the (doomed) $5 short-form video service
Dan Conlin / Game Rant: Quibi is Shutting Down | Game Rant
John Squires / Bloody Disgusting!: Goodbye “50 States of Fright”: Quibi is Shutting Down After Just 7 Months
Juli Clover / MacRumors: Short Form Video Service Quibi Shutting Down
Rebecca Iannucci / TVLine: Quibi Streaming Service to Shut Down
Chance Miller / 9to5Mac: Quibi video service shuts down 6 months after launch, 1 day after Apple TV app release
Igor Bonifacic / Engadget: Quibi is reportedly shutting down
TechCrunch: Quibi is dead — The startup raised nearly $2 billion in financing from backers including Alibaba, Goldman Sachs and Disney
Tyler Hersko / IndieWire: Quibi to Shut Down — Here's What Went Wrong
Charles Barfield / The Playlist: Quibi Reportedly Considering Shutting Down Only Months After Its Launch
Libby Watson / New Republic: There Are No Good Republicans for a Biden White House
RELATED:
Wall Street Journal:
Sources: Quibi decided to shut down and return $350M in capital to investors rather than trying to prolong the life of the company via another big investment — Streaming service designed for mobile users struggled to resonate amid pandemic, crowded marketplace
Discussion:
Axios, New York Times, The Information, Ad Age, Protocol, Variety, The Daily Beast, @matthewbetley, Fast Company, @levelsio, @ibrahimsaninet, Fortune, NBC News, The Next Web, Forbes, Mashable, Light Reading, Variety, TechCrunch, Hollywood Reporter, CNET, Rolling Stone, The Verge, The Wrap, The TV Answer Man!, The Streamable, Engadget, Boing Boing and 9to5Mac, more at Techmeme »
Discussion:
Sara Fischer / Axios: Quibi says it's shutting down
Nicole Sperling / New York Times: Quibi, Short-Form Streaming Service, Quickly Shuts Down
David Pierce / Protocol: What Quibi got wrong
Todd Spangler / Variety: Quibi Is Shutting Down After Failing to Find a Buyer
Laura Bradley / The Daily Beast: Quibi Was an Incredible Display of Billionaire Hubris
Matthew Betley / @matthewbetley: Never doubted this would be the ultimate result, but I didn't think it would happen this quickly. https://twitter.com/...
Joe Berkowitz / Fast Company: Quibi died a quick death, but here are 9 of its projects that deserve an afterlife
@levelsio: Imagine burning $2 billion dollars of VC funding in 6 months That's $10 million per day $455,000 per hour $7,589 per minute $126 per second https://www.wsj.com/...
Ibrahim Sani / @ibrahimsaninet: This is unbelievable. $1.75 bil raised. $350 mil to be returned to investors following closure. That means $1.4 bil spent to build and then to shut down after 6 months?! Capitalism in its craziest moment: large amounts can be raised and spent in such a wasteful manner? https://twitter.com/...
Ahiza García-Hodges / NBC News: Quibi is shutting down, just months after launching
John Koetsier / Forbes: Quibi Spent $63 Million On Ads In Short Six-Month Life
Adam Rosenberg / Mashable: Quibi, the weird, buzzy streaming service with tons of star power, is shutting down
Jeff Baumgartner / Light Reading: Quibi calls it quits
Todd Spangler / Variety: Quibi Confirms It's Shutting Down: ‘The World Has Changed Dramatically,’ Jeffrey Katzenberg Says
Anthony Ha / TechCrunch: Daily Crunch: Quibi is shutting down
Natalie Jarvey / Hollywood Reporter: Quibi to Shut Down Six Months After Launch (Report)
Joan E. Solsman / CNET: Quibi to shut down, report says, a flameout coming 6 months after launch
Althea Legaspi / Rolling Stone: Quibi Shuts Down After Six Months
Nick Statt / The Verge: Is Quibi done for? — Quibi or not to be — Struggling streaming service Quibi's days appear to be numbered.
Tim Baysinger / The Wrap: Jeffrey Katzenberg's Quibi Set to Shut Down After Only 7 Months
Stephanie Sengwe / The Streamable: Quibi's Fate May Be Doomed As Katzenberg Reportedly Tried to Sell The Service's Content
Rob Beschizza / Boing Boing: Quibi, short-form video thing that made no sense, shuts down
Filipe Espósito / 9to5Mac: Quibi is now available for Apple TV users with an official tvOS app
The Information:
Sources: Jeffrey Katzenberg tried to sell Quibi's catalog to NBCUniversal and Facebook, but both passed
Discussion:
@benmullin, The Verge, @esaagar, @casey, @frankrichny, @tomgara, @emmavigeland, @emilybest, @andysignore, @mims, @kevinroose, @jeffdlowe, @jeffjarvis, @jessicalessin, Axios, Variety, Mediaite, Cord Cutters News, @owillis, The Streamable, /Film, Mic, The Week, Light Reading, @sub8u, Best Evidence, @brosandprose, @tomgara, @asunflowerpose, @nathanblawrence, @jbillinson, @tomgara, @naveman, @nwcyeatman, @brandybeephd, @tony_zy, @corybe, @kateclarktweets, @clare_oc, @econompic, @coryweinberg, MediaPost, @simonowens, Digital TV Europe, @kerrymflynn, @yoda, @i_zzzzzz, @mcwm, @pitdesi, @readdanwrite, @pixelatedboat, @joshuatopolsky, @probgoblin, @jessicalessin, @benedictevans, @yoda, @alexeheath, @nycjim, @cityofthetown, The Desk, MacRumors and Engadget
Discussion:
Ben Mullin / @benmullin: It's official: Jeffrey Katzenberg is calling investors to tell them he's shutting the company down, sources tell @JBFlint and I: https://www.wsj.com/... https://twitter.com/...
Ian Carlos Campbell / The Verge: Quibi apps arrive on Apple TV, Android TV, and Fire TV, but are they too late?
Saagar Enjeti / @esaagar: This is a genuinely sad end to Katzenberg's career He was a genius in his time who literally shaped every millennials childhood from Disney animation to Dreamworks https://twitter.com/...
Casey Neistat / @casey: this is wild. $1.75 Billion dollars raised. shutting down after 6 months https://twitter.com/...
Frank Rich / @frankrichny: This should end any Biden camp talk of putting Meg Whitman in the cabinet. $1.75 billion down the toilet overnight. https://www.wsj.com/...
Tom Gara / @tomgara: “Quibi is holding a call with its investors later Wednesday to update them on the status of the company, some of the people said.” https://www.wsj.com/...
Emma Vigeland / @emmavigeland: Lmao Biden is considering the Republican Quibi CEO for his cabinet... and somehow the “Republican” part of that statement isn't even the most egregious. Quibi. QUIBI. He wants the CEO of the most obviously terrible idea ever?! https://twitter.com/...
Emily Best / @emilybest: I'll be honest. This makes my blood boil. The capital that went into Quibi was chasing big personalities who were neither subject matter, audience or creator experts. This could have funded 1000 companies that knew how to survive and thrive https://www.wsj.com/...
Andy Signore / @andysignore: File this under “Duh.” https://www.wsj.com/... Just don't let Katzenberg blame the pandemic for the @Quibi failure.This idea was dumb from the start. He raised $1.75 BILLION Off Millennial BuzzWords & gave the bulk of it to Celebrity Influencers. Brands, Wise up. Such a waste
Christopher Mims / @mims: Possibly the only not-surprising news of 2020 https://www.wsj.com/...
Jeff D MandaLowerian / @jeffdlowe: “[COVID] forced would-be subscribers away from the kinds of on-the-go situations Quibi executives envisioned for its users.” Give me a break. Over $1 billion in capital. Tons of media minds behind it. No excuse, pandemic hit a solid month (or more$ before launch. https://twitter.com/...
Jeff Jarvis / @jeffjarvis: $1.75 billion flies into the ether like yesterday's tweet. Quibi Weighs Shutting Down as Problems Mount https://www.wsj.com/...
Jessica Lessin / @jessicalessin: Sorry, but this is not an exclusive WSJ :) https://www.theinformation.com/ ... https://www.wsj.com/...
Sara Fischer / Axios: Report: Quibi shutting amid pandemic struggles
Jess Barnes / Cord Cutters News: This is the End for Quibi — Just last month, we reported that Quibi founders were exploring options …
Oliver Willis / @owillis: Quitbi https://twitter.com/...
Jason Gurwin / The Streamable: Quibi is Shutting Down Streaming Service
Hoai-Tran Bui / /Film: Quibi Finally Launches on Apple TV, Android TV, and Amazon Fire TV, Just As the Service is About to Shut Down
Erica Euse / Mic: Let us take 10 minutes to mourn Quibi
Brendan Morrow / The Week: Quibi reportedly considering shutting down less than 7 months after launch
Jeff Baumgartner / Light Reading: Quibi could flame out if suitor not found - report
Subrahmanyam Kvj / @sub8u: If a video streaming startup that has raised $1.75 Bn and launched in the midst of a once-in-a-century global pandemic where consumers are staying at home and consuming content like there's no tomorrow has to shut down, then, maybe, just maybe, it's the execution... https://twitter.com/...
Cruella Dawson / @brosandprose: I think often of how many people in media showed how little they understood their own industry by raving about Quibi's genius. https://www.theinformation.com/ ...
Tom Gara / @tomgara: People trash talk the idea of Meg Whitman joining the Biden cabinet, but personally I think that given how crucial the Department of Quick Bites will be in the coming years, we need someone there who can hit the ground running https://twitter.com/...
Best Pumpkinman Ever / @asunflowerpose: and one of the co-founders is being vetted for federal executive leadership https://twitter.com/...
Nathan Lawrence / @nathanblawrence: Quibi started at an interesting moment, being a mobile only video service while we were all trapped in front of giant television sets. And it didn't help that during its launch, TikTok and Snapchat were both growing to be bigger, sometimes better, places for very similar ideas. https://twitter.com/...
Josh Billinson / @jbillinson: A $1.8B streaming platform shutting down after less than year ... the ultimate quick bite https://twitter.com/...
Tom Gara / @tomgara: Appears Quibi is at the end of the line: “strategy meetings have been cancelled, according to two people familiar with the matter. Some employees have informally been scheduling goodbye drinks” https://www.theinformation.com/ ...
@naveman: @mediagazer Before there was a TikTok there was a Vine. Before there was Uber Eats there was Pink Dot. So after Quibi folds someone will come along with the exact same service but the timing will be right.
Nicole W.C. Yeatman / @nwcyeatman: The demise of Quibi should not be recorded by history as Covid-related; Quibi Will die because it was a very stupid, no good, dumb idea to reinvent YouTube but with studio-sized budgets 🤷♀️ https://twitter.com/...
Brandy MP / @brandybeephd: I just need one academic to fall on the sword and write The Article on Quibi so that I can assign it on my syllabi. https://twitter.com/...
Tony Lin / @tony_zy: Watching Quibi's journey is like reading a modern Japanese crime fiction: both the victim and killer have long been revealed, and the entire book is just about how it's done https://twitter.com/...
Cory Bergman / @corybe: Looking closer to the end for Quibi, which has spent an estimated $1 billion. Just imagine what good could've been done with that money. https://twitter.com/...
Kate Clark / @kateclarktweets: “Some employees have informally been scheduling goodbye drinks.” https://www.theinformation.com/ ...
Clare O'Connor / @clare_oc: Quibi raised $1.8 billion in venture capital. Black women entrepreneurs, the fastest-growing founder demo, raise an average of $42,000. 😒 https://twitter.com/...
Cory Weinberg / @coryweinberg: There's a real violinists-on-the-Titanic vibe among Quibi employees, @cityofthetown & @jtoonkel report. https://www.theinformation.com/ ... https://twitter.com/...
Karlene Lukovitz / MediaPost: Quibi Now On Apple TV, Amazon Fire TV, Google TV - But Is The End Near?
Simon Owens / @simonowens: Man, my article going live tomorrow about how Quibi could have succeeded is going to look awfully prescient. https://twitter.com/...
Jonathan Easton / Digital TV Europe: Quibi launches CTV apps, but is reportedly close to shutting down
Kerry Flynn / @kerrymflynn: Can Katzenberg stop claiming he invented / pioneered something with Quibi now... Me in Sept 21 Reliable Sources newsletter: https://view.newsletters.cnn.com/ ... https://twitter.com/... https://twitter.com/...
Drew Olanoff / @yoda: I'm happy to have a conversation with the folks who swore up and down this was the future and acted like I just didn't get it. Content was awful. Concept dumb. Leadership blind. https://twitter.com/...
Brooks Otterlake / @i_zzzzzz: Me and my buddies are all solemnly shaking each other's hands about a job well done, inadvertently causing a superspreader event https://twitter.com/...
Mike Murphy / @mcwm: Its entire existence will be one quick bite https://www.theinformation.com/ ...
Sheel Mohnot / @pitdesi: Quibi is almost done 400k subs (unclear how many of them paid); the plan was for 7.4m at EOY1 Strategy meetings have been cancelled and some employees have informally been scheduling goodbye drinks $1.5B gone; I'm looking forward to the post-mortems https://www.theinformation.com/ ...
Daniel Roberts / @readdanwrite: 6 months after launching https://twitter.com/...
@pixelatedboat: Sad to hear that Quambo is going out of business. Really going to miss watching all that great short-form content on Quabbub. Don't know what I'll do without Quijiblimf in my life 😞 https://twitter.com/...
Joshua Topolsky / @joshuatopolsky: I... can't believe it.... it went exactly like every single person I've ever talked to thought it would https://twitter.com/...
Johnny Paranormality / @probgoblin: True to form, Quibi had a shorter runtime than more traditional streaming services. https://twitter.com/...
Jessica Lessin / @jessicalessin: The end for @Quibi? Big scoop from @cityofthetown and @jtoonkel https://www.theinformation.com/ ...
Benedict Evans / @benedictevans: 1 Qubit. https://twitter.com/...
Drew Olanoff / @yoda: Bye Qwiby https://twitter.com/...
Alex Heath / @alexeheath: “Katzenberg has told people in the industry that he may have to shut down the company” “important strategy meetings have been cancelled” “employees have informally been scheduling goodbye drinks” https://www.theinformation.com/ ...
Jim Roberts / @nycjim: Not surprising but this would be a colossal failure: Jeffrey Katzenberg Tried to Sell Quibi Content, Raising Questions About Service's Future. Via The Information https://www.theinformation.com/ ...
Tom Dotan / @cityofthetown: Quibi's days are numbered. Jeffrey has tried unsuccessfully to sell off Quibi's content library to NBCU and Facebook. He's admitted to people in the industry that he may have to shut down the company. w/@jtoonkel https://www.theinformation.com/ ...
Matthew Keys / The Desk: Quibi employees ready for possible closure of service
Richard Lawler / Engadget: Quibi chairman reportedly looked into selling its content library
John Whitehouse / Media Matters for America:
Tucker Carlson hosted a former WH speech writer on his Fox News show for a segment attacking NBC News reporter Brandy Zadrozny for basic reporting techniques — Zadrozny is just really good at her job — During the October 21 edition of his Fox News show, Tucker Carlson hosted Darren Beattie …
Discussion:
@oneunderscore__, @craigsilverman, @tracyconnor, @oneunderscore__, @oneunderscore__, @mattbinder, @chrislhayes, @willsommer, @swin24, @oneunderscore__, @cedickson, @3r1ng, @aprilaser, @craigsilverman, @agoldmund, @justinbaragona, @nikkimcr, @tracyconnor, @mollyjongfast, @dangillmor, @jaredlholt, @marishagsherry, @dabeard, @olivianuzzi, @annehelen, @existentialfish, @winter, @justinbaragona, @dellcam, @upstatefederlst, @slpng_giants, @oneunderscore__, Mediaite, @slpng_giants, @justinbaragona, @byjacobward, @noupside, @popehat, @tracyconnor and @jamespmanley
Discussion:
Ben Collins / @oneunderscore__: Tucker Carlson is devoting an entire segment to attacking my colleague, Brandy Zadrozny, for doing actual reporting, like using public records to confirm identities of people who create harassment campaigns. It's disgraceful. She's the best reporter I know. I'm with her 1000%.
Craig Silverman / @craigsilverman: Tucker Carlson is devoting a segment to attacking @BrandyZadrozny, one of the best investigative reporters. She wrote a chapter for the new Verification Handbook about researching people and social media accounts. Now that's being used to attack her with disgusting lies.
Tracy Connor / @tracyconnor: This is fantastic. Tucker Carlson is devoting an entire segment to how good @BrandyZadrozny is at doing her job. I can also vouch for how good Brandy is!
Ben Collins / @oneunderscore__: Had Tucker looked into this, his guest was emailed by Brandy the day before about a story she's doing about his website. He spent the day tweeting retributively at her. That wasn't mentioned. Seems pretty important to include. And the guest is this guy. https://www.cnn.com/...
Ben Collins / @oneunderscore__: I am so proud every day to work with @BrandyZadrozny, the best reporter I know. She's also an exceedingly decent human and I'm lucky to know her.
Matt Binder / @mattbinder: here's one of those poor people that Tucker Carlson is standing up for, who @BrandyZadrozny wrote about https://twitter.com/... https://twitter.com/...
Chris Hayes / @chrislhayes: One of the finest reporters we have, bar none, and this is bullying garbage. https://twitter.com/...
Will Sommer / @willsommer: Couldn't agree with Ben more here. @BrandyZadrozny is a great reporter, and I can't wait to read the story she's working on that has Tucker Carlson so afraid that he has to smear her. https://twitter.com/...
Asawin Suebsaeng / @swin24: Follow @BrandyZadrozny. Not only a great reporter, but one of the absolute kindest, most ethical people I've ever had the pleasure to work with. I know folks sometimes gag at reporters “circling the wagons” and shit, but w/ Brandy, it must be said. https://twitter.com/...
Ben Collins / @oneunderscore__: In conclusion, the guy who Tucker had on his show to rail against Brandy for being a reporter had this incredibly normal image of her made for his site today. I think it's pretty badass, personally. Making it is not normal, but I think she should frame it. https://twitter.com/...
Caitlin Dickson / @cedickson: Anyone who would take a minute, let alone an entire prime time TV segment, to attack @BrandyZadrozny's credibility has clearly never met her... or worked with her... or read any of her consistently stellar and impactful reporting
Erin Gallagher / @3r1ng: Tucker Carlson launched an intimidation campaign against one of the best and most ethical journalists covering disinformation. Solidarity with @BrandyZadrozny. https://twitter.com/...
April Glaser / @aprilaser: I don't think many understand what reporters go through when we interrogate power. @BrandyZadrozny is among the most brave, thorough, principled and empathetic journalists I know. Being harassed like this on national TV is terrifying and we should all rally to support her https://twitter.com/...
Craig Silverman / @craigsilverman: It's all because she reached out to this guy about a story she's working on. His response was to smear her and her work, and it was then taken up by others. This is a clear attempt to intimidate a top journalist who behaved ethically and did her job. https://www.cnn.com/...
Weltschmerz / @agoldmund: Just to point out to people harassing @BrandyZadrozny: the “doxing” she allegedly participated in is totally standard and how information is found uncovered almost every piece of worthwhile reporting. But you know that, you just want to harass someone.
Justin Baragona / @justinbaragona: On one hand, you have Tucker Carlson, who Fox News lawyers have successfully argued in court that no one should take him seriously. On the other, you have a universally respected reporter whose colleagues and workplace stand behind 100%. Take your pick. https://www.mediamatters.org/ ...
Nikki Mccann Ramrez / @nikkimcr: Brandy Zadrozny is just really good at her job. https://www.mediamatters.org/ ...
Tracy Connor / @tracyconnor: It gets better: They are revealing that Brandy is so good at her job that she teaches other journalists how to be good at their jobs!
Molly Jong-Fast / @mollyjongfast: If Tucker Carlson is attacking you, you're doing something right. Bravo @BrandyZadrozny https://twitter.com/...
Dan Gillmor / @dangillmor: Tucker Carlson pours poison into our public sphere on behalf of the Trump regime and the Murdoch family. @BrandyZadrozny does superb journalism, and has earned wide respect.
Jared Holt / @jaredlholt: Absolutely shameful for Fox News to give a White House wash-up canned for being too unabashedly chummy with white nationalists a national platform to kick and scream about @BrandyZadrozny, who has more integrity and empathy in her pinky finger than that guy has had in his life.
Marisha Goldhamer / @marishagsherry: The Verification Handbook is an incredible free tool for journalists and none of its contributors — particularly @BrandyZadrozny — deserve to be harassed for helping to better equip newsrooms to tackle disinformation https://datajournalism.com/...
David Beard / @dabeard: @oneunderscore__ Here's @BrandyZadrozny before she was famous—and unfairly reviled—and both journalists AND librarians have her back. https://www.poynter.org/... @oneunderscore__
Olivia Nuzzi / @olivianuzzi: One of the best reporters and sweetest people I've ever been lucky enough to work with and learn from and call a friend is @BrandyZadrozny. An attack on her credibility and her methods is an act of bad faith and cowardice.
Anne Helen Petersen / @annehelen: A tweet of mine was featured on Fox News once, very briefly. I received hundreds of hate emails, death threats, & had to deal with an attempt to dox my entire extended family and friends. @BrandyZadrozny is likely dealing with that times 10,000 right now. https://twitter.com/...
John Whitehouse / @existentialfish: I think Tucker Carlson didn't disclose that his guest went to a white nationalist conference because he just assumed his audience saw him there already https://www.mediamatters.org/ ...
Justin Baragona / @justinbaragona: Go and follow @BrandyZadrozny right now. She is not only one of the best investigative journalists in the business, but a fantastic and caring person who does not deserve to be the target of harassment by someone with no concept of journalistic ethics. https://twitter.com/...
Dell Cameron / @dellcam: it goes w/o saying, @BrandyZadrozny is doing some of the most pivotal reporting of our time. Ben is fine, too. https://twitter.com/...
Upstate Federalist / @upstatefederlst: *Laughs in Slate Star Codex* With all due respect, go fuck yourself, April. https://twitter.com/...
@slpng_giants: When protestors visited Carlson's home (which I vehemently disagreed with, by the way) the press fell in line behind him and defended him. Seriously hope they defend @BrandyZadrozny equally this time around.
Ben Collins / @oneunderscore__: Anyways, that was a hideously unethical segment by Tucker Carlson, framing using basic reporting tools like public records searches as some sort of evil act. To do it to a mom, and one of the best people I know, is disgusting. I won't forget it.
Josh Feldman / Mediaite: NBC News, Colleagues Defend Reporter After Tucker Carlson Segment Attacking Her Work
@slpng_giants: Having once been on the other side of this tactic by Carlson, resulting in death threats sent to my children, this is stochastic terrorism. Carlson knows well what he's doing to @BrandyZadrozny, who has a family and will likely experience the same thing. It's sick. He's sick. https://twitter.com/...
Justin Baragona / @justinbaragona: Seriously, fuck off with this shit, Tucker. Giving voice to this alt-right cretin with ties to white nationalists in order to whip up your audience to target and harass a great reporter who is just doing her job is perhaps a new low, even for you. https://twitter.com/...
Jacob Ward / @byjacobward: Outrageous for so many reasons, not least because @BrandyZadrozny is an incredible reporter, who already slogs through so much online horror to do her job. https://twitter.com/...
Renee DiResta / @noupside: @oneunderscore__ @BrandyZadrozny As a black cat owner myself, this is pretty amazing. He should make a template.
UntuckedHat / @popehat: With very few exceptions, if Tucker Carlson condemns you you should probably be proud and if he praises you you're probably a piece of shit.
Mother Jones:
Former Facebook employees describe tests of News Feed algorithm changes and their impact on left- and right-leaning news sites, with tweaks to favor the right — For indispensable reporting on the coronavirus crisis, the election, and more, subscribe to the Mother Jones Daily newsletter.
Discussion:
@adamserwer, @markfollman, @dseetharaman, @j_fassler, @slpng_giants, @mattgertz, @markfollman, @jasonabbruzzese, @marwilliamson, @clarajeffery, @markfollman, @bendreyfuss, @markfollman, @clarajeffery, @mollyjongfast, @mattgertz, @clarajeffery, @monikabauerlein, @jameswest2010, @mayboeve, @martinsfp and @clarajeffery, more at Techmeme »
Discussion:
@adamserwer: Conservatives have been screaming for years about being shut down by facebook. In reality, Facebook was throttling traffic to liberal websites while Zuckerberg was consciously boosting his dinner buddy Ben Shapiro. https://www.motherjones.com/ ... https://twitter.com/...
Mark Follman / @markfollman: “To be perfectly clear: Facebook used its monopolistic power to boost and suppress specific publishers' content—the essence of every Big Brother fear about the platforms, and something Facebook and other companies have been strenuously denying for years.” https://www.motherjones.com/ ...
Deepa Seetharaman / @dseetharaman: .@MotherJones reports that there's a Facebook slide deck out there detailing how Mother Jones and other progressive news sites were affected by Facebook's shift to friends and family content in Jan. 2018. https://twitter.com/...
@j_fassler: Facebook did the same thing to my former place of work, The Daily Banter. We were a very left-leaning publication that covered politics with wry humor, anger, and passion. After they changed their algorithm, we went belly-up. https://www.motherjones.com/ ...
@slpng_giants: “we can't do a ranking change that would hurt Breitbart—even if that change would make the News Feed better.” This report is absolutely damning, with @facebook playing politics through the pushing of certain outlets over others to placate the party in power. https://twitter.com/...
Matthew Gertz / @mattgertz: A few weeks after @mmfa named Mark Zuckerberg Misinformer of the Year for 2017(https://t.co/...), he unleashed algorithmic changes specifically designed to favor conservative sites over progressive ones. https://www.motherjones.com/ ... https://twitter.com/...
Mark Follman / @markfollman: As @MonikaBauerlein and @ClaraJeffery write, when the most powerful media company in the world uses this false equivalency as the basis for deciding what information users see, it's beyond outrageous: “It's an attack on your ability to stay informed. It's an attack on democracy.”
Jason Abbruzzese / @jasonabbruzzese: Brutal and Facebook isn't denying any of it. https://twitter.com/...
Marianne Williamson / @marwilliamson: Facebook's monopolistic influence on the news is criminal even if it isn't illegal. And tech companies need to be regulated by a Fairness Doctrine applicable to the realities of the 21st-century. https://twitter.com/...
Clara Jeffery / @clarajeffery: 19/ One source recalls charts for impacts on about a dozen publishers. Who else was named in the deck? And who else was impacted beyond that dozen? News companies, esp for-profit/VC-funded, are reticent to talk about traffic falling, but a lot more digging to be done. https://twitter.com/...
Mark Follman / @markfollman: Part of what's so sinister here is the false equivalency, some supposed balancing of right vs. left. Equating the Daily Wire with @MotherJones is absurd. We do deep, rigorously fact-checked investigative reporting. The Daily Wire does toxic partisan noise, not real journalism. https://twitter.com/...
Ben Dreyfuss / @bendreyfuss: On Friday I wrote about the WSJ article that said Facebook knowingly made changes to its algorithm to favor conservative sites over us. @MonikaBauerlein and @ClaraJeffery reported it out and...there was a whole powerpoint presentation about it at Facebook https://www.motherjones.com/ ...
Mark Follman / @markfollman: We've uncovered more about how Facebook boosted right-wing “junk sites” while burying real news reporting from Mother Jones and others—moves that were pushed by Republican operatives working in Facebook's Washington office https://www.motherjones.com/ ...
Clara Jeffery / @clarajeffery: 22/ So the next time Conservatives cry about “shadow banning” or “bias,” just remember that, so far at least, they've *benefited* from Facebook's lobbyists running interference with the product team. Hurt was us, and who knows how many other news orgs? https://www.motherjones.com/ ...
Molly Jong-Fast / @mollyjongfast: And that's how we got Ben Shapiro. https://www.motherjones.com/ ...
Matthew Gertz / @mattgertz: @mmfa Read the whole thing. https://twitter.com/...
Clara Jeffery / @clarajeffery: 20/ Upshot: Facebook used its monopolistic power to boost and suppress specific publishers' content, something Facebook and other companies have been strenuously denying for years. And they did it for internal partisan reasons. https://www.motherjones.com/ ...
Monika Bauerlein / @monikabauerlein: This is enraging for us as journalists, and on behalf of all the MoJo journalists who work super hard to tell important stories in a way that's interesting to audiences—and who nonetheless don't reach the readers they could because Facebook tweaked the dials for political reasons
James West / @jameswest2010: MORE: “You guys were one of the outlets who got singled out to balance the ledger”—the source told @MonikaBauerlein & @ClaraJeffery about @Facebook targeting independent journalism at @MotherJones and allowing folks like Ben Shapiro to thrive: https://www.motherjones.com/ ... https://twitter.com/...
@mayboeve: Appreciating the daily deluge of excellent reporting condemning @Facebook 's role in the warped media landscape we live in. This dynamic threatens the climate fight. Now this from @MotherJones, forever stalwarts: https://www.motherjones.com/ ...
Martin Sfp Bryant / @martinsfp: This reported action by Facebook appears to have come from a similar thought process that can lead fear of the Daily Mail to skew decision-making in the UK. You may aim for balance, but then you overcompensate because one side is more vicious/hassle if you cross them. https://twitter.com/...
Clara Jeffery / @clarajeffery: 21/ Takeaway: Conservatives have been so good at working the refs at Facebook that not only is the company unwilling to rein in activity that contributed to the climate they didn't want, they went out of their way to harm progressive news orgs instead. https://www.motherjones.com/ ... https://twitter.com/...
Jacob Feldman / Sportico.com:
ESPN to put about 10% of its overall written output on ESPN+, making it available only to subscribers, though breaking news will remain free — As of Nov. 9, five daily ESPN radio shows' telecasts will be exclusively available on the platform for both live and on-demand viewers.
Discussion:
Andrew Marchand / New York Post: ESPN moving high-profile features and analysis behind ESPN+ paywall
Rob Walker / Marker:
Profile of Nick Quah, who says Hot Pod, his newsletter about podcasting, has between 20,000 and 25,000 subscribers and earns six figures — Nick Quah's newsletter vaulted him from obscurity to industry expert — a formula everyone is now trying to crack — It — was early November 2014, and Nicholas Quah was irritated.
Discussion:
@notrobwalker, @gloria_oh, @kozemoze, @yoda, @daniellesacks, @rossdawson, @gaberivera, @nwquah, @bobbiegossage, @taylorlorenz, @mrkr, @pkafka and @pkafka
Discussion:
Rob Walker / @notrobwalker: The Pod Whisperer: How Nick Quah DIYed his way into being a podcast authority, and what that says about how expertise gets created now. New for @MRKR https://marker.medium.com/...
Gloria Oh / @gloria_oh: NEW in @MRKR: @notrobwalker wrote a fascinating profile on Nick Quah (@nwquah) — the self-made expert and creator of the newsletter Hot Pod that all industry insiders flock to for the hot takes (and gossip) on the booming business that is podcasting. https://marker.medium.com/...
Kaushik Viswanath / @kozemoze: Here's @notrobwalker's delightful profile of Nick Quah, who as a recent college grad who “never made a podcast, had no background in radio or audio media”, turned his Hot Pod newsletter into a must-read for anyone in the burgeoning podcasting industry. https://marker.medium.com/...
Drew Olanoff / @yoda: congrats on this newsletter about podcasting making more money than anyone has ever made podcasting in their lives https://twitter.com/...
Danielle Sacks / @daniellesacks: Whether you're in the podcast industry or you're about to quit your job to launch a newsletter, you gotta read this delightful profile on Nick Quah, the improbable maven of podcasting @nwquah #longreads https://marker.medium.com/...
Ross Dawson / @rossdawson: Interesting in-depth look at how @nwquah built a solid business out of nothing with his @hotpodmedia newsletter, illustrating how in the burgeoning “expert economy” credentials are irrelevant, passion and quirk paramount. https://marker.medium.com/...
Gabe Rivera / @gaberivera: It's funny how if I actually know people who read a newsletter, it usually has 10K-50K subs, but then if I hear about a newsletter with hundreds of thousands of subs, I don't know anyone who reads it... https://twitter.com/...
Nick Quah / @nwquah: should probably tweet out the thing https://marker.medium.com/... https://twitter.com/...
Bobbie Gossage / @bobbiegossage: How did a Malaysian immigrant in Idaho somehow manage to become the go-to expert on podcasting, earning six figures for his newsletter? @notrobwalker tells the story of Nick Quah and the rise of the self-appointed expert. https://marker.medium.com/...
Marker by Medium / @mrkr: Podcasting has mushroomed into a booming business. The podcast audience has more than doubled since 2014 — to an estimated 88 million listeners last year — and is projected to nearly double again by 2023. https://read.medium.com/E85XqDH
Jared Newman / Fast Company:
Descript, which offers a simple podcast editing tool, expands into video editing, letting users edit videos by rearranging a transcript — For the past few years, Descript has offered an intuitive way to edit podcasts, letting you cut, paste, and delete from a written transcript to modify the corresponding audio.
Discussion:
Todd Spangler / Variety:
AT&T Q3: HBO Max subscribers reach 28.7M and top 57M worldwide with HBO; HBO hits revenue of $1.8B, down 2.1% YoY; Warner Bros. revenue is $2.4B, down 27.7% YoY — All told, 28.7 million customers were eligible to get HBO Max at the end of Q3. — As of the end of September …
Discussion:
Tony Maglio / The Wrap: AT&T Q3 Earnings: HBO Max Hits 38 Million US Subs, Warner Bros Revenue Falls 28%
Stephanie Sengwe / The Streamable: HBO Adds 1.7 Million Subscribers to Reach 38 Million, Including 8.6 Million on HBO Max
Stephanie Sengwe / The Streamable: AT&T TV NOW Loses Another 37K Subscribers, Dropping 60%+ of Customers in 2 Years
Georg Szalai / Hollywood Reporter: HBO Max Reaches 28.7 Million Subscribers
Janko Roettgers / Protocol:
Netflix to test a 48-hour free streaming event in India, dubbed StreamFest and scheduled for December 4, and may bring the promotion to other countries later — Netflix is looking to promote its service with a 48-hour free streaming event, confirmed COO Greg Peters during the company's Q3 2020 earnings call Tuesday afternoon.
Discussion:
Winter is Coming, @jank0, Variety, Cord Cutters News, Seeking Alpha, Variety, MediaNama, CNBC, The Next Web, The Streamable, CNET, The Verge and Engadget
Discussion:
Janko Roettgers / @jank0: I updated my post about Netflix's StreamFest promotion weekend with quotes from COO Greg Peters https://www.protocol.com/...
Todd Spangler / Variety: Netflix Will Test Giving Away the Service Free for 48 Hours
Tmera Hepburn / Cord Cutters News: Netflix is Planning a 2-Day StreamFest Event Where You Can Watch For Free
Spencer Neumann / Seeking Alpha: Netflix, Inc. (NFLX) on Q3 2020 Results - Earnings Call Transcript
Elaine Low / Variety: ‘The Old Guard’ Viewed By 78 Million Households in First Four Weeks, Says Netflix
Ivan Mehta / The Next Web: Netflix will offer its library for free to Indian non-subscribers for a weekend
Taylor Lyles / The Verge: Netflix is experimentally giving an entire country two days of Netflix for free
Jessica Conditt / Engadget: Netflix plans to boost subscriptions with 48-hour StreamFest
RELATED:
Lauren Feiner / CNBC:
Netflix reports Q3 revenue of $6.44B, up 22.7% YoY, vs $6.38B est., and 2.2M paid net adds in Q3 vs 6.8M in Q3 2019 and 10.1M in Q2 2020
Discussion:
The Verge, Netflix, Subscription Insider, @jank0, Washington Post, GuruFocus New Articles, Observer, @jank0, @bradesposito, @akikofujita, @edmundlee, @xpangler, @lucas_shaw, @lamonicabuzz, @samro, @andrewthrasher, @pkafka, @richlightshed, The Streamable, Los Angeles Times, Bloomberg, TechCrunch and The Verge
Discussion:
Julia Alexander / The Verge: Is Netflix actually making the cultural equivalent of billion-dollar movies?
Dana E. Neuts / Subscription Insider: Netflix Revenue Increases in Q3 Despite Slowing of Membership Growth
Janko Roettgers / @jank0: Netflix got rid of its 30-day free trial a few days ago. Now, the company is looking to launch a 48-hour free streaming event called StreamFest to attract new members. https://www.protocol.com/...
Steven Zeitchik / Washington Post: Netflix new subscriber signups plummeted over the summer, halting pandemic-fueled growth
Mayank Marwah / GuruFocus New Articles: Netflix Posts Mixed 3rd-Quarter Results on Slowed Subscriber Growth
Janko Roettgers / @jank0: Netflix COO Greg Peters just confirmed my scoop about the company's StreamFest promotional weekend on the company's earnings call, calling it “an idea that we are excited about.” https://www.protocol.com/...
Brad / @bradesposito: APAC was largest contributor to Netflix paid membership in Q3 (46% of global paid net adds). APAC revenue also up 66% yr over yr. 🇰🇷 + 🇯🇵 big movers. https://s22.q4cdn.com/...
Akiko Fujita / @akikofujita: Looking through @netflix earnings - interesting to see growth in Asia, accounting for nearly half of subscriber growth. APAC revenue up 66% y/y. https://s22.q4cdn.com/...
Todd Spangler / @xpangler: Netflix head of IR Spencer Wang says if the company's quarter had been “48 hours longer we would have come in above forecast”
Lucas Shaw / @lucas_shaw: Netflix said its growth was going to slow in the second half of the year. Investors gobbled up its stock anyways. Its growth slowed. Its shares are now going down. https://www.bloomberg.com/...
Paul R. La Monica / @lamonicabuzz: Netflix missed on earnings but beat slightly on revenue. Subscriber growth a touch below forecasts though. Guides for 6 million adds in Q4. Not enough? $NFLX down 6% after hours so far. https://s22.q4cdn.com/...
Sam Ro / @samro: “Our slate of Korean dramas continue to travel well throughout APAC and beyond...” - $NFLX https://finance.yahoo.com/...
Andrew Thrasher / @andrewthrasher: Ya'll just couldn't binge a few more hours and resist giving your password to your freeloading uncle. https://twitter.com/...
Peter Kafka / @pkafka: Netflix: We told you guys - everyone who wanted to sign up for Netflix did it at the start of the pandemic. But you wouldn't listen! Also we still didn't hit the numbers we said we'd hit. https://s22.q4cdn.com/...
Rich Greenfield / @richlightshed: Looks like this answers the new approach to marketing question (#2 on on our 8 questions) for @netflix management tonight $NFLX https://lightshedtmt.com/... https://twitter.com/...
Stephanie Sengwe / The Streamable: Netflix Reaches 195 Million Worldwide Subscribers, But Adds Just 2.2 Million in Q3 2020
Alex Wilhelm / TechCrunch: Here's why Netflix shares are off after reporting earnings
Esther Kezia Thorpe / Media Voices Podcast:
Podcast transcript of Casey Newton, Thomas Baekdal, Simon Owens, Anne Helen Petersen, and Josh Sternberg on going solo and earning revenue directly from readers — Over the past few weeks, there have been a number of high-profile examples of journalists leaving publications to launch their own newsletters.
Discussion:
Columbia Journalism Review, @iroughol, @mediavoicespod, @estherkeziat, @iroughol, @iroughol, @iroughol, @travelfish, @simonowens, @iroughol, @baekdal and @mediavoicespod, Thanks:@estherkeziat
Discussion:
Mathew Ingram / Columbia Journalism Review: The Google case is a stew of technology, law, and politics
@iroughol: Also, there's another reason it's mostly men doing this: safety. A solo newsletter brings the author very close to the audience. That's part of the appeal. You give a lot of yourself, and some readers will not understand there are still boundaries. 4/
@mediavoicespod: “I had a million visitors. I launched Baekdal Plus, and I had this idea that I could convert something like 5%...After three months, I had 29 subscribers. And so I went from thinking, ‘Oh, this is the best thing ever,’ to ‘Oh, my freaking God!’” @baekdal https://voices.media/...
Esther Kezia Thorpe / @estherkeziat: It's live!!! VERY grateful to the brilliant people who took the time to speak to me for this, and their many words of wisdom for people looking to go the same route. (It's fully written up on the link already if you don't have time to listen just yet) https://twitter.com/...
@iroughol: Great pod on the reality of going solo. This can't be said enough: it will take more time than you think, it will make less money than you think. Listen then consider a couple more points... 1/ https://twitter.com/...
@iroughol: For the same reason, I have serious reservations about applying this solo sub model to local news. The more niche you go, the richer your audience (or their expense account) must be. 3/
@iroughol: Size of initial market matters so much because conversion rates are so low. Which means I've only seen this work in English, for predominantly US audiences. Don't think @baekdal would have made it happen in Danish. My French podcast will never make meaningful money. 2/
Stuart McDonald / @travelfish: “After three months, I had 29 subscribers. That was it. And so I went from thinking, ‘Oh, this is the best thing ever,’ to ‘Oh, my freaking God!’” Amen. An **excellent and realistic wrap** on paid newsletters by mere mortals. https://twitter.com/...
Simon Owens / @simonowens: I was recently interviewed about my newsletter and the difficulties of building a business around paid subscriptions. Check it out! https://voices.media/...
@iroughol: Whatever abuse you get as a female journalist online, you will get more as a solo creator. Maybe not the crowds of bots, but more often the lone creep who reads you obsessively. I don't share about this a lot, because frankly, I'm afraid this person is reading. 5/
Thomas Baekdal / @baekdal: Something worth listening to ... (although I may be slightly biased ;)) https://twitter.com/...
@mediavoicespod: “One of the lessons I learned early on is that a lot of people go into this, they assume that the difference with the paid & the free version is you just offer more of the free version...that's just not enough for much of a value proposition” @simonowens https://voices.media/...
Thanks:@estherkeziat
Owen Thomas / San Francisco Chronicle:
Hearst is offering San Francisco Chronicle employees voluntary buyouts in an effort to cut expenses — Hearst, the owner of The Chronicle, offered employees voluntary buyouts Tuesday in an effort to cut its expenses as the economic effects of the coronavirus pandemic and the outlook for many businesses remained unclear.
Discussion:
Jordan Cucuy-o / @jordan_rubio: This is true for all Hearst properties, including the Houston Chronicle https://twitter.com/...
Lara O'Reilly / Digiday:
The Economist says subscriptions and circulation accounted for two-thirds of its £326M revenue in the year ending March 31, as it focuses on retaining subs — Bob Cohn joined The Economist Group in February after more than a decade at The Atlantic, where he served on both sides of the fence …
Discussion:
Kevin Young / @imkevinyoung: “We were an acquisition machine; we were not focused as diligently as we could on retention. We came into this year with a determination to be better at that and...go beyond best practice.” @1bobcohn on how @TheEconomist turned around its business model https://digiday.com/...
Lara O'Reilly / @larakiara: For this week's Digiday podcast, I interviewed The Economist's @1bobcohn on how he has been steering the title through the crisis, why its subscription strategy now focuses more on retention vs acquisition and the re-emergence of media's “push” moment https://digiday.com/...
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