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Scott Deveau / Bloomberg:
Activist investor ValueAct Capital takes a 7% stake in The New York Times and urges an aggressive rollout of subscriber-only bundles; NYT's stock jumps 10%+
Todd Spangler / Variety:
While Disney has more streaming subscribers than Netflix, Disney+'s US and Canada ARPU was $6.27/month in its Q3, vs. Netflix's ARPU of $15.95/month in its Q2
Hamish McKenzie / On Substack:
Substack's Hamish McKenzie changes his title to Chief Writing Officer from COO to emphasize the platform's respect for writers and says he'll be writing more
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