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11:35 AM ET, October 22, 2020


 Top News: 
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 …
Wall Street Journal:
Sources: Quibi decided to shut down and return $350M to investors rather than try and prolong the life of the company through another big investment  —  Streaming service designed for mobile users struggled to resonate amid pandemic, crowded marketplace  —  Quibi Holdings LLC is shutting down …
The Information:
Sources: Jeffrey Katzenberg tried to sell Quibi's catalog to NBCUniversal and Facebook, but both passed
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 …
Jacob Feldman /
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: New York Post and Awful Announcing
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 …
Lauren Feiner / CNBC:
Republicans on the Senate Judiciary Committee voted to authorize subpoenas for Mark Zuckerberg and Jack Dorsey to testify about their handling of NY Post story  —  Republicans on the Senate Judiciary Committee voted to authorize subpoenas for Facebook CEO Mark Zuckerberg and Twitter CEO Jack Dorsey …
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.
Alexandra Mondalek / The Business of Fashion:
Fashion site Repeller, renamed from Man Repeller, is shutting down after its founder stepped back in June following staff accusations of racist behavior  —  The company, which rebranded as Repeller earlier this year, faced criticism over the summer for its content and internal culture.
Jason Gurwin / The Streamable:
Hulu to drop Fox regional sports networks from tomorrow, joining YouTube TV, Sling TV, and fuboTV  —  The ability to stream Sinclair-owned Fox Sports RSNs including YES Network and Marquee Sports Network has become a major challenge for streamers.  Starting tomorrow, October 23 …
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.
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.
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 More News: 
Jon Brodkin / Ars Technica:
FCC's top lawyer defends its authority to interpret Section 230, saying 1996 legislation that included Section 230 amended a 1934 act that created the FCC
Pew Research Center:
Pew study: 75% of US adults are paying “very” or “fairly” close attention to presidential election news, based on a survey Oct. 6-12, up from 66% a month prior
 Earlier Picks: 
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