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4:30 PM ET, October 20, 2021


 Top News: 
Matt Donnelly / Variety:
Ahead of a walkout by Netflix staff, Ted Sarandos says he “screwed up” internal messaging and acknowledges that “storytelling has real impact in the real world”  —  Netflix Co-CEO Ted Sarandos s speaking out over continued criticism of the Dave Chappelle comedy special “The Closer.”
Christi Carras / Los Angeles Times:
Transgender Netflix employees and allies rallied in Los Angeles to protest Dave Chappelle's new show and to push for trans rights; Chappelle fans showed up too  —  Transgender Netflix employees and their allies gathered Wednesday morning on Vine Street in Los Angeles to protest …
Jessica Bursztynsky / CNBC:
Netflix reports Q3 revenue of $7.48B, up 16% YoY, operating income of $1.76B, up 33% YoY, and 214M paid subs, adding 4.4M YoY and beating estimates of 3.84M
Ian Burrell / New Statesman:
NYT's London newsroom expands to 70 editorial staff, rivaling small UK national titles in scale, as some local papers deride its UK coverage as “delusional”  —  As it rapidly expands its British newsroom, the US newspaper now rivals smaller UK national titles.
William Turton / Bloomberg:
Sources: the recent ransomware attack against Sinclair is linked to Russian group Evil Corp., which changed names to avoid 2019 US sanctions  —  - Evil Corp. said to change names to avoid 2019 U.S. sanctions  — Broadcaster hit with new ransomware strain called Macaw
Jill Goldsmith / Deadline:
Mubi, a streaming service offering art house movies, launches Mubi Go, which gives US subscribers theater passes to one selected movie per week, starting in NYC  —  EXCLUSIVE: Arthouse streamer and distributor Mubi is launching a U.S. in-theater offering this month letting members see one film …
Discussion: @psawers and Gizmodo
Tarpley Hitt / Gawker:
Sources: Thomas Chatterton Williams, who organized “the Harper's Letter” is leaving Harper's and is in talks for a contributing role at The Atlantic  —  Free speech advocate Thomas Chatterton Williams is leaving Harper's Magazine after the next issue, sources have confirmed to Gawker.
Taylor Hatmaker / TechCrunch:
Superplastic, which owns an animated collab house of “synthetic superstars” on social media, raises a $20M Series A, bringing its total funding to $38M  —  A company from the creator of Ello and Kidrobot is announcing a new $20 million funding round to build out an imagined virtual world populated …
Discussion: Fast Company and VentureBeat
Spiegel Online:
Sources: Bild EIC Julian Reichelt's sacking came after years of questionable conduct and Axel Springer showing no interest in disciplining him  —  The sacking of Julian Reichelt, the editor-in-chief of Germany's top tabloid, only came after years of questionable conduct.
Sources: Discovery is cutting back high-profile Discovery+ projects, including an NYT doc on Louis CK; source says the cuts amount to $25M-$35M in costs  —  - Louis C.K. documentary is among $35 million in cancellations  — CEO Zaslav has yet to detail online video plans after merger
Discussion: @newsynick and @lucas_shaw
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 More News: 
Queenie Wong / CNET:
Pinterest will release Creator Originals, a content series with over 100 creators across 10 countries, and create a $20M Creator Rewards in the US
Brian Steinberg / Variety:
AMC Networks announces an initiative to let advertisers use programmatic ad buying for live TV inventory
Discussion: Beet.TV and Ad Age
Filing: John Malone's Liberty Media sold its entire stake in iHeartMedia, apparently ending Liberty's long-running effort to gain control of the broadcaster
Discussion: Billboard
 Earlier Picks: 
Daisuke Wakabayashi / New York Times:
Nonprofit Lady Freethinker sues YouTube, claiming failure to remove animal abuse videos is a breach of contract with users
Dorany Pineda / Los Angeles Times:
The Black Mountain Institute at University of Nevada Las Vegas will stop publishing The Believer magazine in spring 2022, citing the pandemic's financial impact
Edward Ongweso Jr / VICE:
Facebook posts an odd thread attacking 30+ unnamed journalists “finishing up a coordinated series of articles based on thousands of pages of leaked documents”