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.”
Discussion:
Wall Street Journal, ScreenRant, Deadline, Chicago Sun-Times, NME, Digital TV Europe, @joestarr187, The A.V. Club, @benmullin, @variety, @nickgillespie, @saraislet, @craigspoplife, CNET, @bpagelsminor, The Wrap, @pkafka, Hollywood Reporter, @baseballcrank, @rebel19, @dralexjoffe, @awallenstein, Mediaite, @wokal_distance, @pkafka, @variety, @blackamazon, Too Much TV Newsletter, @ryanstreit, @this_hits_home, @saraislet, @jenniolsonsf, The Verge, Rolling Stone, @lizthegrey, @mellecon, TVLine, Protocol and Insider
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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 — - Netflix is set to report earnings after the bell Tuesday. — Netflix CEO Reed Hastings — Netflix shares were up more than 2% …
Discussion:
The Irish Times, Financial Times, Variety, The Information, Netflix, Bloomberg, @loudmouthjulia, Transistori, @marinamedvin, @xpangler, @sherman4949, @natjarv, @maxkennerly, @natjarv, @stevekovach, @czedwards, @adamantxyves, @keithboykin, @natjarv, @richlightshed, @brianstelter, Daily Herald, Deadline, Variety, The Wrap, IndieWire, The Streamable, Axios and Yahoo Finance, more at Techmeme »
William Earl / Variety:
Twitter partners with Variety to launch three Trending TV charts, ranking the most tweeted about TV shows across network TV and streaming — Variety and Twitter have partnered on a unique, first-of-its-kind chart that ranks the most tweeted about TV shows across network television and streaming.
Discussion:
@jenp, @sarahrosen, @variety and Adweek
Washington Post:
The Washington Post names Kat Downs Mulder as chief product officer and managing editor, creating a hybrid role between news and engineering — Memo to staff from Executive Editor Sally Buzbee and CIO Shailesh Prakash: — To our colleagues, — We are happy to announce that Kat Downs Mulder …
Discussion:
Talking Biz News and @raju
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Paul Farhi / Washington Post:
WaPo promotes Cameron Burr to senior managing editor and gives the chief product officer title to Kat Downs Mulder, currently managing editor for digital
Discussion:
@sarafischer, @moorehn, @moorehn, @moorehn, @sprakash007, @moorehn, @moorehn, @kimbui, @laurahazardowen, @washpostpr, @sulliview, The Hill, bookforum.com and Axios
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
Georg Szalai / Hollywood Reporter:
Verizon Media reports $1.4B revenue for the two months of Q3 before it was sold to Apollo Global; FiOS TV lost 68K subscribers in Q3, up from a 62K loss in Q2 — The telecom giant, led by Hans Vestberg, has been shifting its video focus to partnerships with third-party streaming services.
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 — The redesigned home feed includes two sections: browse and watch. — Pinterest said Wednesday it's revamping its home feed …
Bloomberg:
Sources: Discovery is cutting back high-profile projects on Discovery+, 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
Brian Steinberg / Variety:
AMC Networks announces an initiative to let advertisers use programmatic ad buying for live TV inventory — AMC Networks wants to make it possible for advertisers to buy time in linear broadcasts of “The Walking Dead” or “Better Call Saul” in the same way they do digital commercial inventory.
Jeff Kotuby / The Streamable:
Report: Netflix and YouTube had a combined 47% share of “connected TV time spent” in June, down just 2% from January 2020 despite growth in rival services — Netflix and YouTube may be far more dominant than we realize. — According to a report from LightShed Partners …
Discussion:
Cord Cutters News, @richlightshed, @richlightshed, LightShed Partners and nexttv.com
AllAccess.com:
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 — What do you think? Add your comment below. — LIBERTY MEDIA CORP. has sold off its 5,941,248 shares of iHEARTMEDIA Class A Common Stock at $25.25/share.
Discussion:
Billboard
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 …
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