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6:00 AM ET, October 21, 2020

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 Top News: 
Janko Roettgers / Protocol:
Netflix plans to test a 48-hour free weekend in India, dubbed StreamFest and scheduled for Dec. 4, and may bring the promotion to other countries later  —  Netflix is looking to promote its service with a 48-hour free streaming event, confirmed COO Greg Peters during the company's Q3 2020 earnings call Tuesday afternoon.
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Lauren Feiner / CNBC:
The Information:
Sources: Jeffrey Katzenberg tried to sell Quibi's catalog to NBCUniversal and Facebook, but both passed; Katzenberg told others he may shut down the company  —  Jeffrey Katzenberg may be nearing the end of the road with his mobile video streaming service Quibi.
Beatrice Verhoeven / The Wrap:
Variety EIC Claudia Eller returns after a 5-month leave and will hold that role through summer 2022; Cynthia Littleton, her successor, to be co-editor-in-chief  —  Variety Editor in Chief Claudia Eller will resume her role on Oct. 26 following an almost five-month leave …
Thornton McEnery / New York Post:
Sources: Mike Bloomberg discussed a SPAC deal with Bill Ackman of Pershing Square Tontine Holdings to take Bloomberg LP public; Bloomberg spokesman denies talks  —  Michael Bloomberg has been in talks to take his media empire public through an entity controlled by billionaire Bill Ackman, The Post has learned.
Kurt Wagner / Bloomberg:
Pinterest adds Salaam Coleman Smith, former top exec of Disney's ABC Family and president of NBCUniversal's Style Media, to its board of directors  —  - Former Disney executive Salaam Coleman Smith joins board  —  Pinterest Inc. has added media industry veteran Salaam Coleman Smith …
Hamilton Nolan / Columbia Journalism Review:
Elite news outlets like WaPo are the most vulnerable orgs when powerful people no longer care how they get covered, a shift that threatens democracy  —  This month we learned that Tesla, a $400 billion public company run by one of the richest people in the world, has done away …
Antonio Garcia-Martinez / The Pull Request:
Elite news media outlets in the US are being torn apart by their own squabbles and destined to abandon the century-long tradition of non-partisan journalism  —  In what's becoming a Pull Request tradition, this is a companion piece to an interview of Martin Gurri, the great prophet of the media revolt.
Ted Johnson / Deadline:
Trump campaign wants Thursday's debate to focus on foreign policy, protests possible rule changes like muting candidate's mics by an “unnamed person”  —  Donald Trump and Joe Biden are scheduled to meet again on Thursday for the second and presumably last debate …
RELATED:
Alana Wise / NPR:
Debate commission announces new rule where only the candidate with the floor will have an open mic during new two minute sessions of uninterrupted speaking time
Salvador Rodriguez / CNBC:
Snap reports Q3 revenue of $679M, up 52% YoY, vs $555.9M est., DAUs were up ~18% YoY to 249M, average number of daily Snaps up 25% YoY; Snap up 23%+ after hours  —  - Snap's stock price soared more than 15% after hours on Tuesday as the company posted an unexpected, adjusted profit along …
Steven Perlberg / Digiday:
The Atlantic has new NY offices and had record subscriptions but is stuck in a long CEO selection process and has been posting losses since its staff expansion  —  During a rambling press conference last month, U.S. president Donald Trump blasted the Atlantic as “a second-rate magazine,” …
Jasper Craven / Battle Borne:
After it shut down last week, a look back at NYT's At War, which launched in 2009 as a successor to Baghdad Bureau blog, as pubs scale back coverage of US wars  —  When The New York Times established “At War” as a blog in 2009, it represented a radical new approach to reporting on conflict, and what comes after it.
John Eggerton / Multichannel News:
With affiliate fees falling, C-SPAN is allowing ads on its YouTube channel, podcasts, and website, and is considering launching ad-supported virtual channels  —  Multichannel News is part of Future plc, an international media group and leading digital publisher.  Visit our corporate site.
Discussion: @pdad and The Desk
 
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Jason Gurwin / The Streamable:
Quibi is now available to stream natively on Apple TV, Amazon Fire TV, and Android TV devices, but not on Roku or gaming consoles
Discussion: 9to5Mac and Cord Cutters News
Josef Adalian / Vulture:
Peanuts holidays specials won't air on a free network for the first time ever as Apple buys rights to them, but they'll be free on Apple TV+ for a limited time
Dave McNary / Variety:
AMC Theatres says it may have to file for Chapter 11 in SEC filing about an agreement to sell up to $15M in shares
Sara Fischer / Axios:
Stir, which helps creators split revenue from online collaborations on platforms like YouTube and Patreon, raises $4M in seed funding and launches a public beta
 Earlier Picks: 
David Plotz:
Ex-Atlas Obscura CEO David Plotz is launching City Cast, a national network of daily local podcasts, this winter; Graham Holdings owns the for-profit outlet
Todd Spangler / Variety:
ViacomCBS promotes Pluto TV CEO Tom Ryan to president and CEO of ViacomCBS Streaming, overseeing the future Paramount+ and Pluto TV
Sarah Perez / TechCrunch:
Pandora has completed its acquisition of Stitcher and has now launched Stitcher's podcasts across all tiers of its service
Discussion: The Desk and RAIN News
Laura Wagner / VICE:
The New Yorker suspends reporter Jeffrey Toobin, sources say after he masturbated during a Zoom call; Toobin says he did not realize his video was on
@sacbeeguild:
In a letter, Sacramento Bee News Guild asks McClatchy's new CEO to reconsider a proposal to tie journalists' annual performance reviews and raises to page views