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7:45 AM ET, April 21, 2021


 Top News: 
Ashley Carman / The Verge:
Apple unveils in-app subscriptions for Apple Podcasts; Apple will take 30% of revenue in the first year, and 15% in following years  —  For ad-free, early access, and bonus content  —  A monumental change is coming to Apple Podcasts' business: the company is launching subscriptions within the Apple Podcasts app.
Netflix reports Q1 revenue of $7.16B, up 24% YoY, and 208M paid memberships, up 14% YoY but below its forecast of 210M; stock down 10%+ after hours  —  Revenue grew 24% year over year and was in line with our beginning of quarter forecast, while operating profit and margin reached all-time highs.
Edmund Lee / New York Times:
Competitors like Disney+, HBO Max, and Amazon Prime Video have cut into Netflix's share of viewer attention, but the company is in its best financial shape ever  —  The streaming service reported the addition of four million new customers for the first quarter, below the six million it had forecast.
Casey Newton / Platformer:
In an interview, Mark Zuckerberg says writers on its newsletter service will be able to keep their email lists should they decide to leave  —  CEO Mark Zuckerberg on Facebook's big bet on creators  —  On Monday, I had a chance to talk with Facebook CEO Mark Zuckerberg about the company's plans …
Sara Fischer / Axios:
Zuckerberg says Facebook is planning a short-form audio product called Soundbites, a podcast discovery tool, and more audio products for the next 3 to 6 months
Patience Haggin / Wall Street Journal:
Daily Mail owner files antitrust suit against Google alleging it punishes publishers in search if they don't sell enough ad space through Google's marketplace  —  Publisher says its U.K. royals coverage was played down in search results; claims it was punished for not steering sufficient ad space to Google
Connie Bruck / New Yorker:
Profile of Ari Emanuel in his quest to be a mogul, from creating Endeavor to his recent focus on investing in live events businesses  —  Hollywood's most tenacious agent tries to remake himself as a mogul.  —  On February 29, 2020, Ari Emanuel, the C.E.O. of the Endeavor company …
Cynthia Littleton / Variety:
SEC filing: entertainment group Endeavor, which owns WME and UFC, aims to raise about $500M with its NYSE IPO, which would value it at about $10B
Jason Gurwin / The Streamable:
Hulu + Live TV will add the NFL Network by August 1 as part of a multiyear deal; NFL RedZone will be available as an add-on  —  Good news for football fans.  Hulu announced that NFL Network will be coming to Hulu Live TV by August 1st, as part of a new multi-year agreement.
Reporters Without Borders:
RSF's 2021 Press Freedom Index finds journalism is totally blocked or seriously impeded in 73 of 180 countries and constrained in 59 others; US ranks 44th  —  The 2021 World Press Freedom Index compiled by Reporters Without Borders (RSF) shows that journalism, the main vaccine against disinformation …
Adam Liptak / New York Times:
Study of 8K+ SCOTUS references to the news media in justices' opinions since 1784 finds a “marked...uptick in negative depictions of the press” in recent years  —  A comprehensive look at references to the press in justices' opinions revealed “a marked and previously undocumented uptick in negative depictions.”
Manuel Roig-Franzia / Washington Post:
Profile of Dan Bongino, a Trump supporter who leads lists of shared Facebook posts, has a thriving YouTube channel, and will fill Limbaugh's radio spot in May  —  One day in the waning months of the 2020 presidential campaign, Dan Bongino — a former Secret Service agent turned serial …
Fern Siegel / The Streamable:
Byron Allen launches Local Now, a free ad-supported streamer that aggregates 300+ hyperlocal channels across 225 markets in the US  —  Local Now, the free ad-supported streamer, has kicked off on most major platforms.  Local Now aggregates and streams local news, weather, sports, traffic and entertainment in real time.
Discussion: The Wrap
Aubrey Allegretti / The Guardian:
Discussion: Press Gazette
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 More News: 
Editor and Publisher:
Publishers of 125 US newspapers have filed or announced suits against Google and Facebook, claiming the tech giants illegally monopolized the digital ad market
Brooks Barnes / New York Times:
Searchlight Pictures senior executives Steve Gilula and Nancy Utley announce their retirement from the Disney-owned specialty studio, leaving by the end of June
Sara Fischer / Axios:
Morning Brew co-founder Austin Rief will replace Alex Lieberman as CEO; the outlet had $20M in revenue last year, grew staff to ~100, and has 3M subscribers
Andrew Blustein / Adweek:
The Trade Desk, Magnite, and Innovid have partnered to programmatically buy, create, and serve interactive CTV ads
 Earlier Picks: 
Katie Robertson / New York Times:
The Village Voice returned to print in a new issue on Saturday; Brian Calle plans a print issue about four times a year, with the end goal of publishing monthly
Rachel Abrams / New York Times:
OANN fires Marty Golingan, a producer at the channel since 2016, after he said a majority of its staff don't believe the voter fraud claims that OANN aired
Katie Robertson / New York Times:
A majority of 300+ editorial workers at Insider, the news site formerly called Business Insider, say they formed a union with the NewsGuild of New York