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4:20 PM ET, October 22, 2018

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 Top News: 
The Membership Puzzle Project:
The Membership Puzzle Project launches a $700K fund for projects around the world experimenting with membership-based business models for news  —  Last year when the Membership Puzzle Project started studying news sites that were working with their supporters for revenue and to benefit their journalism, we heard two themes.
RELATED:
Todd Spangler / Variety:
Netflix says it's going to raise $2B through debt securities, the sixth time in less than four years it's raising $1B+ through bonds  —  Netflix is again going to debt markets to fund its enormous appetite for content, announcing plans Monday to raise $2 billion in financing through debt securities.
Julia Alexander / The Verge:
YouTube CEO Susan Wojcicki says European Union's copyright legislation, Article 13, threatens creators' livelihoods if implemented as proposed  —  ‘Article 13 threatens hundreds of thousands of jobs’  —  The European Union's contentious copyright directive became a major talking point …
New York Times:
Detecting fake news using AI will require a number of major advances far beyond today's AI, which just flags word patterns and operates at a keyword level  —  At least not for decades to come.  Sorry, Mark Zuckerberg.  —  Dr. Marcus is a professor of psychology and neural science.
Jon Levine / The Wrap:
The Associated Press deleted a tweet Sunday evening which called a large caravan of migrants from Central America a ragged “army”  —  “Some of the members of this 'army' are quite literally malnourished babies," says BuzzFeed's David Mack  —  The Associated Press deleted …
Laura Hazard Owen / Nieman Lab:
UK study: poorer people consume less news than the wealthy and are less likely to go directly to news sites; no brand among 32 had significantly more poor users  —  News is more unevenly distributed in the UK than income is, according to new research from the Reuters Institute for the Study of Journalism.
Ezra Klein / Vox:
Study: of 1,220 Twitter users, Republicans who followed a liberal Twitter bot became substantially more conservative; conservative bots didn't change Democrats  —  Echo chambers aren't what's polarizing America.  —  There's a simple story for how the media is driving political polarization.
 
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 More News: 
Nathan McAlone / Business Insider:
Piper Jaffray: Netflix and YouTube account for 70.7% of teens' daily video consumption in the US, while cable TV now accounts for just 16.4%
Discussion: The Wrap
Michael McGowan / The Guardian:
Australian actor Geoffrey Rush testifies on first day of two-week defamation trial against Murdoch-owned Daily Telegraph, over stories alleging misconduct
Discussion: Associated Press
 Earlier Picks: 
Ruth Spencer / The Cut:
Interview with Robbie Kaplan, who is representing the creator of the Shitty Media Men list, Moira Donegan, in her defense against writer Stephen Elliott
Discussion: @moiradonegan
Patrick Hipes / Deadline:
Richard Parsons resigns as CBS board member and chairman, citing complications in his fight with myeloma; board appoints Strauss Zelnick as interim chairman