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8:35 PM ET, October 5, 2021

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 Top News: 
New York Times:
Ozy investor LifeLine sues the outlet, claiming it failed to disclose pertinent information in February, prior to LifeLine's $2M+ investment  —  A fund manager that invested more than $2 million in Ozy Media filed a lawsuit on Monday, claiming that the company “engaged in fraudulent, deceptive and illegal conduct.”
RELATED:
Jessica Bursztynsky / CNBC:
Carlos Watson says Ozy Media is not shutting down after having “good conversations” with investors and advertisers and Friday's announcement was “premature”
Ben Smith / New York Times:
How the charm of Ozy's chief, Carlos Watson, helped persuade investors into putting millions toward a media dream before conducting sufficient due diligence
Chaim Gartenberg / The Verge:
Twitter is shutting down Scroll in about 30 days, will roll the ad-free subscription web service into its Twitter Blue subscription as Ad-Free Articles  —  Scroll won't be available as an independent service anymore  —  Scroll's ad-free subscription web service is shutting down as an independent entity in …
Laura Hazard Owen / Nieman Lab:
Daily Mail Online ran a lawyer's full tweet thread as a sidebar to another story, then after he complained, put the tweets into the main story and paid him  —  On Tuesday Adam Wagner, a British human rights lawyer and law professor, wrote a tweet thread in response to a BBC article …
Defector:
In annual report, Defector says 80%+ of subscribers are on annual plans, of which ~85% renewed subscriptions, and advertising on Twitter was “very unpleasant”  —  Purpose of this report  —  Annual reports are usually created to provide insight into a company's business operations …
Sarah Perez / TechCrunch:
Instagram ditches the IGTV brand and combines IGTV's long-form videos and Instagram Feed videos into a new Instagram Video format; Reels is unaffected  —  Instagram head Adam Mosseri recently said was “no longer a photo-sharing app,” noting the company was prioritizing a shift …
Elizabeth A. Harris / New York Times:
The disruption of global supply chains has reached the publishing industry, causing shipping delays and printer backups, exacerbated by worker shortages  —  Shipping delays, printer backups and worker shortages are forcing publishers to postpone new titles and leaving booksellers in a lurch for some old ones.
Kristen Hare / Poynter:
News Revenue Hub, with Google News Initiative support, will release News Revenue Engine as open source software in 2022, with Stripe and Mailchimp integrations  —  News Revenue Hub and Google News Initiative will release News Revenue Engine early next year  —  The newsroom part of building …
@theappeal:
[Thread] The Appeal starts a weekly newsletter and says it will relaunch its news site about the criminal legal system as a worker-led nonprofit in November  —  The Appeal is back! Thanks to our generous supporters and the hard work of our transition team, the workers have officially taken over The Appeal. Read our public statement below. Donate to support our relaunch here: https://trypico.com/... https://twitter.com/...
Joseph Bernstein / BuzzFeed News:
Profile of Matt Swider, US EIC of TechRadar, who went from 8,000 Twitter followers in January 2020 to over 950K by sharing tips on how to buy a PlayStation 5  —  A year ago, Matt Swider was a journeyman consumer tech reporter.  Now he's a celebrity.  —  Copy
 
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 Featured Newsletter: 
The Media Roundup:
How Bild simplified its subscription offer  —  Today we're looking at the psychology of subscription offers, how the NYT makes advertising work alongside paid-for content, how to explain product in a newsroom, and why older audiences are important.
 
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 More News: 
Rachel Pannett / Washington Post:
Singapore's parliament passes a law that will compel ISPs and social media platforms to block content and applications used to spread content it deems hostile
 Earlier Picks: 
Daniel Lippman / Politico:
Seven foreign journalists fired from USAGM during former CEO Michael Pack's term sue the agency for breach of contract and wrongful termination
Sarah Whitten / CNBC:
Members of the IATSE union, representing backstage movie and TV workers, authorize a strike after trying to negotiate a larger streaming revenue share and more
Todd Spangler / Variety:
Disney says Hulu president Kelly Campbell has left after less than two years in the role