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2:15 PM ET, November 8, 2019

Mediagazer

 Top News: 
The Correspondent:
Skeptics say effectiveness of online ads is misleading because the benchmarks marketers use don't distinguish people buying due to ads and those buying anyway  —  Mel Karmazin, the president of Viacom, one of the largest media conglomerates in the world, walked into the Google offices in Mountain View, California.
Donie O'Sullivan / CNN:
YouTube has run the Trump ad wrongly accusing Biden of corruption, which was seen 10M-30M times, but Google says it strives to ensure ads are “honest”  —  (CNN Business)You'd be forgiven for thinking that the only tech platform that allows politicians to run false ads is Facebook.
Greg Dool / Folio:
Meredith Q1: operating profit of $28M, up from $18.1M YoY, on revenue of $532.9M; print ad rev down 13.4% YoY to $160.4M; digital ad rev up 7.9% to $91.6M  —  On its Q1 earnings call, the company says four titles saw year-over-year growth in print advertising, and portfolio-wide newsstand revenue also increased.
GEN:
Global Editors Network says it will close due to lack of funds; the worldwide association of editors offered summits, hackathons, and data journalism awards  —  The Global Editors Network (GEN) announced today that it will cease its activities due to lack of sustainable finances.
Emily Alford / Jezebel:
Former co-workers of Fader's Eric Sundermann say his alleged sexual misconduct was known for years, but overlooked by management at Fader and at Vice  —  On November 2, former music journalist Lauren Nostro published a tweet: “It's so wild that {redacted} is able to run an entire digital magazine when hes …
Tiffany Stevens / Columbia Journalism Review:
Interviews with reporters on how their work disappears from the web or becomes cannibalized when online publications shutter or restructure  —  “Nothing disappears on the Internet,” people like to say, but journalists know that's not necessarily true.  Articles frequently disappear when online publications shutter or restructure.
Hollywood Reporter:
Four new FX shows will launch exclusively on Hulu as part of the FX on Hulu hub, debuting in March; FX on Hulu will also be the exclusive home to 40+ FX series  —  Four FX shows will move exclusively to Hulu: ‘Mrs. America,’ ‘Devs,’ ‘A Teacher’ and ‘The Old Man.’  —  FX is making a streaming home on Hulu.
Times of India:
India revokes the Overseas Citizen of India status for Aatish Taseer, who wrote a May Time cover story calling Prime Minister Narendra Modi “Divider in Chief”  —  - Aatish Taseer's Overseas Citizen of India (OCI) status was canceled on Thursday, following a statement by the home ministry
Anthony Ha / TechCrunch:
Octopus Interactive, which offers Lyft and Uber drivers tablets with games and ads, raises $10.3M led by Sinclair, enabling it to stream local TV content  —  Octopus Interactive, a startup bringing an interactive TV and ad experience into Uber and Lyft rides, has raised a $10.3 million funding round led by Sinclair Digital Group.
Discussion: StartupWorld
Kris Holt / Engadget:
Disney says Disney+ will launch in UK, France, Germany, Italy, and Spain on March 31  —  Disney+ will officially debut in the US, Canada and the Netherlands November 12th, and Australia and New Zealand a week later.  The rest of the world will need to wait a little longer to stream the likes of Avengers …
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 More News: 
Mark Di Stefano / BuzzFeed:
Jeremy Corbyn staffers created a WhatsApp group with sympathetic national journalists and columnists to coordinate messaging to elect Corbyn in the UK
Deanna Ting / Digiday:
The Infatuation is planning Zagat's comeback by hiring a stories editor, building the Zagat Curators program, and launching a new digital platform by 2020
CNBC:
Disney Q4: revenue of $19.1B vs. $19.04B expected, up 34% YoY, with media networks bringing in $6.5B in revenue, up 22% YoY from $5.3B; stock up 4%+ after hours
 Earlier Picks: 
Todd Spangler / Variety:
Bustle laid off or cut at least 10 staffers and contributors Thursday; spokesperson says Bustle Digital Group plans “marquee hires” and a 2020 site relaunch
Alex Pareene / New Republic:
Rude media like Splinter and Deadspin, which lacked deference to power, are dead; we are left with bootlickers who demand civility and don't challenge power
Michelle Mark / Business Insider:
CBS reportedly has fired a staffer who previously worked for ABC and accessed footage of anchor Amy Robach complaining that ABC killed her Jeffrey Epstein story
Substack Blog:
Substack introduces a three-month Fellowship for Independent Writers, starting with five writers who will receive a stipend and support with publicity and more
Bloomberg:
Nielsen to split into two companies, one focused on global media, the other on tracking consumer preferences, after pressure from investor Elliott Management
Dade Hayes / Deadline:
In a wide-ranging interview, Reed Hastings says Netflix's spending on content will grow and defends cutting an episode of Hasan Minhaj's show in Saudi Arabia