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5:35 PM ET, November 11, 2021


 Top News: 
Jason Guerrasio / Insider:
MoviePass is “exploring the possibility of relaunching soon” after a bankruptcy judge granted co-founder Stacy Spikes ownership of the company  —  - MoviePass cofounder Stacy Spikes has bought back the company.  — His bid was approved by a Southern District of New York bankruptcy court judge on Monday.
Lucas Shaw / Bloomberg:
Sarah Perez / TechCrunch:
Spotify acquires audiobook distributor Findaway and says it expects the deal to close in Q4 2021  —  In an effort to expand beyond music, Spotify has been investing hundreds of millions to build out its podcasts business.  Now the company has set its sights on another form of audio …
Ashley Carman / The Verge:
Patreon CEO Jack Conte says the service is building native video hosting, which would reduce creators' reliance on YouTube  —  CEO Jack Conte: 'We're building a video product'  —  This story is part of a group of stories called  —  Patreon is building a video hosting solution and native player.
Lucas Shaw / Bloomberg:
Streamers are seeking out unscripted TV, including documentaries and reality TV, as a cheaper and popular alternative to the prestige shows they first produced  —  Netflix has grown into the world's biggest buyer of unscripted programming.  Its competitors are following suit.
Discussion: @hoff and @lucas_shaw
Rick Porter / The Hollywood Reporter:
CBS says viewers watched 166.7B minutes of its programming since September, using the metric associated with streamers to show broadcast TV's continued strength  —  CBS touts its strength in the metric most associated with streamers, so THR decided to check the network's claims.
Discussion: @rickporter and Variety
Ernesto Van der Sar / TorrentFreak:
The history of torrent site The Pirate Bay will be made into a six-part TV drama for Swedish public broadcaster SVT, with production starting in fall 2022  —  The inception and early years of The Pirate Bay are an intriguing chapter of the Internet's history.
Sohee Kim / Bloomberg:
South Korean K-pop management agency Hybe partners with crypto exchange Dunamu to create a US platform for NFTs, including of BTS members, launching next year  —  Hybe Co., which last week announced a new blockchain business offering digital assets, is already contemplating expanding …
Lara O'Reilly / Insider:
Sources: the CEO and finance director of Finecast, GroupM's connected-TV ad network, have left the company after an investigation of a whistleblower complaint  —  - The CEO and finance director at WPP ad agency Finecast have left the company.  — The pair had recently been suspended …
Discussion: @larakiara
Sara Fischer / Axios:
Minute Media, owner of Players' Tribune, acquires Israeli publishing tech company Wazimo, which helps media companies obtain and monetize first-party data  —  Minute Media, a holding group that owns digital sports and entertainment websites like Players' Tribune and The Big Lead …
Jim Waterson / The Guardian:
Vice suspends Max Clark, a fashion editor at UK's i-D magazine, following accusations by more than a dozen women that he sent sexually inappropriate messages  —  Exclusive: Max Clark accused of sending inappropriate messages to more than a dozen women  —  A top executive at one of the UK's …
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 Featured Newsletter: 
75% of large subscription publishers offer discounted trials  —  The majority of large publishers with digital subscription products are currently offering discounted trials to help drive new subscriber acquisition, according to Toolkits research.
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 More News: 
Ben Bold / CampaignUK:
UK's Channel 4 and Instagram launch You Do You, the “first real-time social reality series”, broadcast on Instagram via Channel 4's Reels, Stories, and videos
Discussion: All 4
New York Times:
Sources: the US DOJ and SEC have opened investigations into Ozy Media, and federal prosecutors have been contacting companies that have had dealings with Ozy
 Earlier Picks: 
Disney misses Q4 estimates, reporting net income of $160M and revenue of $18.53B, up 26% YoY, and 2.1M new Disney+ subscribers for a total of 118.1M
Jon Allsop / Columbia Journalism Review:
A look at Earth Journalism Network, which supports environmental journalism in developing countries, at COP26, to which it brought reporters from 15 countries
Nilay Patel / The Verge:
The Verge updates its “on background” policy, making “on the record” the default when its reporters speak to PR professionals, particularly at tech companies