Jessica Toonkel


Jessica Toonkel covers media and telecom for The Information. Before that, she spent seven years at Reuters covering a range of topics including media, advertising, mergers and acquisitions and financial services. At Reuters, she consistently broke news on major deals, executive changes and corporate strategies at traditional media companies like Viacom and CBS as well as technology companies such as Facebook and Amazon. She was nominated as Text Journalist of the Year in 2017 for consistently breaking news on the media beat. In 2012, she was part of a team that was nominated as a Gerald Loeb Award finalist for Reuters’ coverage of the Facebook IPO. Before joining Reuters, Jessica spent years covering funds and investing for a number of publications including InvestmentNews, American Banker and Institutional Investor. She has won a number of awards from the American Society of Business Publication Editors. A graduate of Vassar College, Jessica is a native New Yorker now living in Brooklyn.

Spotify’s Ad Revenue Jumps 110%

July 28, 2021 · 11:16 AM PDT · 1 comment
Spotify's ad revenue is up as the boom in digital advertising lifts earnings industrywide.

AT&T Sees Slowdown in Growth of People Signing Up for HBO Max

July 22, 2021 · 6:46 AM PDT · 1 comment
HBO Max saw only 2.3 million sign up for the service last quarter, down from 2.8 million the previous quarter.
Amazon streaming chief Mike Hopkins. Photos: AP; MGM

AT&T Looks to Sell Ad Unit Xandr

July 20, 2021 · 12:11 PM PDT
The deal is the latest to unwind a number of transactions made by former CEO Randall Stephenson.
Vice CEO Nancy Dubuc. Photo: Bloomberg

Apple Eyes Leasing Production Space

July 20, 2021 · 8:53 AM PDT
Apple has made moves in recent weeks indicating it might be becoming more serious about the entertainment.

Comcast, ViacomCBS Discuss International Partnerships

July 20, 2021 · 4:02 AM PDT
The two companies are looking to gain scale as they seek to compete with the likes of Netflix abroad.

CNN to Debut Streaming Service in 2022

July 19, 2021 · 7:34 AM PDT
The service will include original programming as well as live shows.

The Athletic Raises Annual Price by 20%

July 16, 2021 · 2:08 PM PDT
The move comes weeks after deal talks with The New York Times ended
LeBron James. Photo by Bloomberg.
Disney CEO Bob Chapek. Photo by Bloomberg.
Apple CEO Tim Cook and executive Eddy Cue during the 2019 Allen & Co conference in Sun Valley. Photo by Bloomberg.

Apple Buys Remote Control Button on Roku for Apple TV+

June 30, 2021 · 11:45 AM PDT
The move indicates that Apple is looking to grow its service beyond its own device owners.
Jack Antonoff of Bleachers performing at the New Orleans Jazz and Heritage Festival in 2019. Photo by AP

BuzzFeed Confirms SPAC Merger to Go Public

June 24, 2021 · 7:04 AM PDT
The deal marks a victory for CEO Jonah Peretti, but now the question is how the digital media company will fare as a public entity

AT&T Sells Mobile Gaming Studio to EA

June 23, 2021 · 7:18 AM PDT
The company is selling the mobile gaming studio behind "Golf Clash" for $1.4 billion.

Netflix Signs Deal With Spielberg’s Production Company

June 21, 2021 · 10:07 AM PDT
The agreement indicates how much has changed in Hollywood over the past few years.

Univision to Jump into Subscription Streaming Video Game

June 21, 2021 · 8:35 AM PDT
The company is the latest to announce plans to launch a free ad-supported service as well as an upcoming subscription offering.
Photo: Bloomberg