Top News:
Sarah Whitten / CNBC:
Netflix beats with Q3 revenue up 5.9% YoY to $7.93B, $1.4B net income, down from $1.45B YoY, 2.4M net global subscribers added, vs. 1.09M est.; stock is up 10%+ — - Netflix beat third-quarter expectations on the top and bottom lines Tuesday. — The company said it added 2.41 million …
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Emma Roth / The Verge:
Netflix says its approach to “monetize account sharing” will roll out “more broadly starting in early 2023” and will include the ability to create sub-accounts — Netflix plans to crack down on password sharing beginning in 2023. After giving users the ability …
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Variety, The Desk, Above the Line, The Desk, Gizmodo, Vanity Fair, @matthewkeyslive, The Streamable, @jbflint, CNET, @natjarv, Media Play News, The Hollywood Reporter, Next TV, IndieWire, 9to5Mac and TechCrunch
Todd Spangler / Variety:
Netflix plans to stop sharing projected subscriber numbers in its earnings starting in Q4 2022, instead stressing new revenue streams like ads and paid sharing
Netflix plans to stop sharing projected subscriber numbers in its earnings starting in Q4 2022, instead stressing new revenue streams like ads and paid sharing
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Committee to Protect Journalists:
Indian officials in Delhi block Kashmiri freelance photojournalist Sanna Irshad Mattoo from flying to New York to receive the 2022 Pulitzer Prize in a ceremony — Indian authorities should allow Kashmiri photojournalist Sanna Irshad Mattoo to travel abroad freely and collect her Pulitzer Prize in New York …
Tatiana Siegel / Rolling Stone:
ABC News producer James Gordon Meek abruptly resigned after the FBI raided his home on April 27, 2022; colleagues and neighbors say they haven't seen him since — Emmy-winning producer James Gordon Meek had his home raided by the FBI. His colleagues say they haven't seen him since.
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Aditi Agrawal / Newslaundry:
The Wire suspends its stories on Meta's controversial XCheck program until it carries out a “thorough review”; cited cybersecurity experts deny being consulted — Varadarajan confirmed the news site will review ‘all material and documents and sources’.
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Ben Smith / Semafor:
Inside The New York Times' identity crisis, as some in its new administrative layer say their mandate is to enact radical cultural change as slowly as possible — Ben is the co-founder and Editor-in-Chief of Semafor, coming over from the New York Times. Sign up for his media newsletter, out every Sunday night!
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Julia Felton / Greensburg Tribune-Review:
Pittsburgh Post-Gazette newsroom staff go on strike; union demands include ending the “illegal” halt of negotiations and reinstating the prior contract's terms — Newsroom workers at the Pittsburgh Post-Gazette, represented by the Newspaper Guild of Pittsburgh, went on strike at noon Tuesday.
Joe Reedy / Associated Press:
Amazon plans to stream an NFL game at 3pm ET on Prime Video the day after US Thanksgiving in 2023, paying between $50M and $70M per year for the additional game — The NFL will expand to Black Friday beginning next season. — The league announced Tuesday that Amazon Prime Video will stream a game on the day after Thanksgiving.
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Alex Sherman / CNBC:
Ben Smith and Justin Smith launch Semafor, with stories in “Semaform” and sections The News, Reporter's View, Room for Disagreement, The View From, and Notable — - Semafor, a new global news company, debuted Tuesday. — The company is launching with $25 million in funding.
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Selome Hailu / Variety:
Study of the 2021-2022 season: 50% of major characters on streaming shows were women, vs. 48% on broadcast; streaming companies put more women in creative roles — During the 2020-21 TV season, a study found that streaming companies put more women in positions of creative power than broadcast networks did …
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Sara Fischer / Axios:
A look at sports rights at SiriusXM, which has exclusive audio deals with the NFL, the NBA, the NHL, and MLB and where sports ads make up nearly 25% of ad sales — SiriusXM is increasing its investment in live sports rights in an effort to lure and retain more premium subscribers, CEO Jennifer Witz told Axios.
Patrick Brzeski / The Hollywood Reporter:
Xi Jinping's third term bodes ominously for China's film market; Artisan Gateway: China's 2022 box office is $3.88B so far, down 33% YoY and down 50% from 2019 — Regulators in the country have clamped down on Hollywood imports and narrowed the range of Chinese films deemed politically acceptable.