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Twitter Ends Standoff Over Account from News Corp

CNET: Twitter has reversed course on its decision to lock the New York Post account, saying that it's allowing the publication to tweet again. The change in stance comes after Twitter altered its Hacked Materials Policy, which is the policy that initially led the...

Fox Corp Sells Out News Ad Time for Election Night

New York Times: Advertising space between 6 pm Tuesday and 2 am Wednesday is sold out at Fox News, says Jeff Collins, who heads ad sales for the network. More than a dozen companies have asked that their ads run during the election coverage, he...

Disney Names Broadcast Exec as Head of Networks

The Information: Disney has promoted Debra O'Connell, president and general manager of WABC-TV, to head up its network division, putting her in charge of all P&L oversight for the company's networks, including ESPN. Disney is clearly making sure that its strategy...

Sony Nears Deal to Buy AT&T Streamer Crunchyroll

Nikkei: Sony has entered into final negotiations to acquire US anime-streaming service Crunchyroll, a deal that could catapult the Japanese icon into a global battle with the likes of Netflix. Sony could end up spending more than $957 million on the streamer, gaining...

Nielsen Inks Deal to Sell Consumer Goods Data Arm

Reuters: Nielsen says it will sell its consumer goods data unit for $2.7 billion to private equity firm Advent International, as the market research firm narrows its focus to its media arm. Advent will buy Nielsen's Global Connect unit in partnership with James Peck,...

Gannett Seeks to Offload Another Newspaper Office

Patch Palm Desert: The Desert Sun's headquarters in Palm Springs, Calif. is up for sale for $7.5 million, the newspaper says. "We will find a wonderful new home for our newsroom that brings us closer to the community," says executive editor Julie...

Hearst Says Cosmopolitan Fans Drink a Lot of Wine

WWD: After launching a perfume and a furniture line, Hearst-owned Cosmopolitan magazine is continuing to expand its footprint outside of traditional print by entering the wine market. Uncorked by Cosmo is launching in partnership with Napa, Calif.-based Guarachi Wine...

McClatchy Veteran Editor Exits to Simon & Schuster

Miami Herald: Aminda Marqués González, who has led the newsrooms at the Miami Herald and el Nuevo Herald to multiple honors, told her staff last week that she is leaving the organization to become vice president and executive editor at book publisher Simon &...

New York Times in Legal Hassle with Project Veritas

Law and Crime: Project Veritas, whose history of disseminating selectively edited videos has on a number of occasions landed its founder James O'Keefe in court, sued the New York Times on Friday. The plaintiff alleged that it was defamatory of the Times to call the...

The Atlantic Apologizes for Fabrication, Inaccuracy

TheWrap: The Atlantic said it regrets commissioning and publishing a feature story written by Ruth Shalit Barrett — who was fired from The New Republic in the 1990s over incidents of plagiarism — which has been revealed to include a fabrication and multiple...

Reuters Outfits Workers with Flak Jackets, Helmets

Press Gazette: Reuters plans to offer gas masks, helmets and other protective gear to its reporters covering the US presidential election. "Our concern about the safety of journalists in the US is unprecedentedly high," says Reuters editor-in-chief Stephen J...

Drudge Report Sees Traffic Plunge as LInks Go Left

New York Post: The Drudge Report posted a 45 percent decline in web traffic in September as the site alienated its core readers by turning against President Trump ahead of the election. Drudge Report had 1,291,000 unique visitors in September, down from 2,340,000 a...

Alphabet, Facebook, Amazon Enjoy Big Profit Gains

Associated Press: Five technology giants have reported strong earnings but mixed outlooks, a sign of varying fortunes as they work to rebound from a pandemic-related economic slowdown earlier this year. Amazon, Alphabet, Facebook, Apple and Twitter each exceeded...

Netflix Ups Prices in US as Content Spending Grows

Los Angeles Times: Netflix says it is raising the prices of its US standard and premium subscription plans, as the streamer continues to invest in content to differentiate itself from rivals. The cost of its standard plan that allows for streaming on two screens will...

AT&T’s WarnerMedia Rescues New Show from Quibi

Variety: Lil Yachty's dramedy series "Public Figures" has moved to HBO Max for development. The series was set up at Quibi last year, but moved over to HBO Max in the wake of Quibi shutting down. Rapper-influencer Yachty still attached to star in the show, which is...

Roundup: US Media Plan for a Messy Election Night

Financial Times: The Associated Press has actively prepared to contradict the president on election night. Associated Press: Fox News hired the makers of the "Fortnite" video game to design whiz-bang graphics. WWD: "This is the first time I've ever met a lot of people...

Axel Springer’s Insider Buys Stake in Morning Brew

Axios: Insider, the parent company to Business Insider, has closed an all-cash deal to buy a majority stake in Morning Brew, a media startup that focuses on business newsletters and podcasts. Morning Brew's co-founders, both under 30, raised very little capital...

Meredith Seeks Brand Extensions for Life Magazine

License Global: Meredith has named Evolution USA as its licensing and brand management agency for the Life brand and the Life Picture Collection. Evolution will seek new licensing and brand expansion opportunities for Life and its photo archive in a variety of product...

The Economist Joins Media Endorsements of Biden

MediaPost: The Economist has endorsed Joe Biden in the 2020 presidential election. This is the ninth time the London-based Economist has endorsed a US presidential candidate. The first time was in 1980, with a recommendation to vote for Ronald Reagan. It endorsed...

First Look’s Intercept Loses Founder in Censor Flap

Mediaite: The Intercept fired back at Glenn Greenwald in a scathing statement after he left the outlet he co-founded, accusing its editors of attempting to censor an article he had written about Joe Biden. "The narrative he presents is teeming with distortions and...

Bongino Site Founder Baffled by Fame on Facebook

New York Times: Right-wing commentator Dan Bongino, whose Facebook page performs better than those of major news organizations, is perplexed by his social media success. "I don’t know what it is,” he says. "The strategy didn't change at all. I think people just like...

Daily Wire Founder Aims to Sell Home for $3 Million

Variety: Ben Shapiro's home in LA's San Fernando Valley neighborhood has popped up for sale, asking just under $2.9 million. Shapiro plans to relocate his Daily Wire media operation from Los Angeles to Nashville. The home includes a sophisticated security system with...

Study: Coronavirus Downturn Hits Newspapers Hard

TheHill: Newspapers were hit particularly hard by the coronavirus pandemic in the second quarter of 2020, with advertising revenues plummeting in comparison to the previous year while revenue was up for a number of television news networks and...



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