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2:40 PM ET, November 25, 2021

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 Top News: 
Choire Sicha / New York Magazine:
Former NYT exec says Wirecutter employees were treated as second-class citizens at NYT, with a lower pay scale and some NYT staff openly sneering at their work  —  In October 2016, Wirecutter, a scrappy website that uses journalism to help people make purchases, was five years old.
Dade Hayes / Deadline:
Filing: in FY 2021, ESPN's pay-TV distribution shrank another 10% to 76M US households, while the audience for ESPN+ grew 66% YoY to 17M  —  ESPN, a longtime cornerstone of the Walt Disney Co., continues to lose lucrative pay-TV distribution, shrinking another 10% to end fiscal 2021 at 76 million U.S. households.
RELATED:
Tim Baysinger / The Wrap:
SEC filing: Disney plans to spend $33B on content in fiscal 2022, which began on October 1, up from around $25B in fiscal 2021  —  Disney will spend around $8 billion more on content next year.  In its annual report filed with the SEC on Wednesday, Disney said it would spend around $33 billion …
RELATED:
Jillian Deutsch / Bloomberg:
EU approves Digital Markets Act measures: mandating social app interoperability, banning ad targeting to minors, and fines up to 20% of global annual sales
Benjamin Mullin / Wall Street Journal:
Lee Enterprises' board approves a shareholder rights plan, called a poison pill, to prevent Alden Global Capital from acquiring more than 10% of Lee for a year  —  Shareholder rights plan will be in effect for a year, giving Lee time to assess hedge fund's acquisition proposal
Zack Whittaker / TechCrunch:
Reporting on security lapses carries legal risks, like threats from the Missouri governor against the St. Louis Post-Dispatch, stifling research and journalism  —  In August 2020, two FBI agents were standing on my doorstep, unannounced, wanting to ask me questions about a TechCrunch story we had published the year before.
Sarah Scire / Nieman Lab:
The Salt Lake Tribune, which became a nonprofit in 2020, says it is financially sustainable and grew its newsroom 23% in the past year  —  The Salt Lake Tribune's transition to nonprofit status has been closely watched in the news industry.  “The opportunity for us to prove that this can work …
Alex Weprin / Hollywood Reporter:
Disney, ViacomCBS, and others are offering steep discounts this week amid slowing subscriber growth, with one year of Hulu available for 99 cents per month  —  Hulu, Peacock, Paramount+ and Discovery+ are among the services offering steep discounts this week to entice new subscribers.
Tessa Stuart / Rolling Stone:
Reality Winner criticizes The Intercept for poor protection of sources and accuses its parent company of reneging on a promise to pay her legal defense bills  —  After years locked away for leaking classified information on Russian interference, the former NSA contractor has a lot to say about how she got there
Sara Fischer / Axios:
Since last year, Stat's revenue is up 40%, with subscription revenue up 24%, ad revenue up 51%, and events up 79%, and its headcount is up from ~50 to ~80  —  STAT had a banner year in 2020, and executives say they expect continued growth for the foreseeable future.
 
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 More News: 
Charlotte Tobitt / Press Gazette:
BBC says its international News services now reach 456M people weekly, up 4% YoY; BBC World Service reaches 364M people, up 13M in a year
Steve Waldman / Washington Monthly:
DOJ blocking the S&S and Penguin mega-merger because it would reduce diversity of voices suggests it could take a similar approach to Alden's acquisition of Lee
Todd Spangler / Variety:
HBO Max will share the rights to half of 20th Century Studios' films with Disney+ and Hulu in 2022, after which they will be exclusive to Disney
Discussion: Cord Cutters News
Alan Leveritt / New York Times:
Arkansas Times' publisher explains why his paper sued Arkansas for violating the First Amendment with a law forcing contractors to sign a pledge favoring Israel
 Earlier Picks: 
Casey Newton / Platformer:
Startups like Royal, which helps musicians create and sell NFTs, could potentially upend predatory record deals and further shift power to artists and fans
Nicole Sperling / New York Times:
Starting with Red Notice, Netflix plans a handful of high-budget PG-13 movies with wide appeal over the next year, competing directly with big studios
Ernesto Van der Sar / TorrentFreak:
In a case brought by two publishing and movie industry groups, a Portuguese court ordered Telegram to block 17 channels offering pirated movies and newspapers
Reuters:
A NY judge extends a ban keeping NYT from publishing some materials about Project Veritas, at least until December 1, despite precedent against prior restraint