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9:15 AM ET, October 27, 2021

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 Top News: 
Charlie Warzel / Galaxy Brain:
Sources say Facebook Papers have no sharing restrictions, so media outlets should model transparency and make them publicly accessible  —  OK, STRAP IN, NERDS:  —  Charlie Warzel @cwarzel  —  legitimately don't know how to consume this much facebook news  —  October 25th 2021  —  32 Retweets397 Likes
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Washington Post:
Internal docs show Facebook staffers agonized over whether the company was nudging news organizations to produce “darker, more divisive content”  —  In November 2018, the staff of Facebook's fledgling Civic Integrity department got a look at some eye-opening internal research …
Makena Kelly / The Verge:
Biden names Jessica Rosenworcel to officially lead the FCC, nominates Gigi Sohn as third Democratic commissioner, but it's unclear if Senate will confirm soon  —  And progressive Gigi Sohn as a third Democratic commissioner  —  President Joe Biden named acting Federal Communications …
Sara Fischer / Axios:
Good Information Inc., funded by Reid Hoffman and others, launches to invest in media companies that tackle misinformation  —  A new public benefit corporation backed by billionaires Reid Hoffman, George Soros, and others is launching Tuesday to fund new media companies and efforts that tackle disinformation.
Sarah Ellison / Washington Post:
Stewart Bainum's Baltimore Banner will be led by LAT's Kimi Yoshino, with a $15M budget for its first year and plans to hire roughly 50 reporters  —  The Maryland hotel magnate tried but failed to buy the Baltimore Sun.  Now he's trying to demonstrate a new business model for local news.
Todd Spangler / Variety:
Spotify reports Q3 revenue of $2.9B, up 27% YoY; MAUs rose 19% YoY to 381M as Premium users rose 19% YoY to 172M; ad sales rose 75% YoY to $374M  —  Spotify posted double-digit gains for overall monthly users and paid subscribers for the third quarter of 2021, in line with expectations …
Tarpley Hitt / Gawker:
Sources: images in thousands of BuzzFeed posts were taken down in 2020 to ward off copyright claims; staffers can restore images if they're credited or licensed  —  In 2013, BuzzFeed ran a story about Bradley Cooper wearing a knit beanie so large it hid his entire hairline and fell down his neck …
Sarah Scire / Nieman Lab:
Q&A with Samantha Melbourneweaver, head of LAT's audience team, on the growing importance of such teams within newsrooms, plans for a “meme team”, and more  —  The Los Angeles Times announced a major expansion of its audience team earlier this month, saying they'll add …
New York Times:
Netflix will bid for a 289-acre chunk of former US Army post Fort Monmouth in NJ, to create its second-largest production complex, behind ABQ Studios in NM  —  The streaming service said it would bid for a nearly 300-acre chunk of Fort Monmouth and it has the support of Gov. Phil Murphy.
Todd Spangler / Variety:
YouTube Q3 ad revenue rose to $7.2B, up 43% YoY and up from $7B in Q2; music and Premium subscribers surpassed 50M  —  YouTube kept raking in huge ad bucks in the third quarter of 2021 and now counts more than 50 million subscribers worldwide for its music and YouTube Premium services.
 
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 More News: 
Manish Singh / TechCrunch:
Snap says it has 100M MAUs in India and partners with entertainment TV channels Sony and Zee TV for curated content in Snapchat's Discover section
Mónica Marie Zorrilla / Variety:
UCLA Hollywood Diversity study: in 2019-2020, women almost reached parity with men in casts and writers' rooms; Latinx still underrepresented across the board
Brian Steinberg / Variety:
YouTube TV adds Fox Nation as an optional add-on for $5.99/month, offering primetime opinion shows a day after they air on Fox News and more
Conor Clark / Gay Times:
BBC faces backlash for an article by staffer Caroline Lowbridge, partly based on a small social media survey, with critics calling the story transphobic
 Earlier Picks: 
@novaramedia:
YouTube reinstates UK left-wing news outlet Novara Media's channel after deleting it without warning
Ashley Carman / The Verge:
Internal presentation details Amazon's “Project Mic”, a live audio app that lets users host radio shows, complete with music, focused on the US initially
Stephanie Condon / ZDNet:
Facebook says Q3 ad revenue grew 33% YoY to $28.28B but warns of “continued headwinds” in Q4 due to Apple's ATT changes in iOS