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Stephen Council

Reporter

Stephen Council joined The Information as a reporting intern following his graduation from Northwestern, where he studied journalism, economics and creative writing. He recently interned in The Wall Street Journal’s Chicago bureau, where he split his time between U.S. and corporate coverage. Previously he was an investigations intern at CNBC, an intern for CalMatters and an investigations editor at his college newspaper. Based in New York City, Stephen can be reached at [email protected] or on Signal, at (757) 707-7208.

Activist Investor Builds 7% Stake in New York Times, Urges Subscription Bundle Push

Aug. 11, 2022 · 1:12 PM PDT
ValueAct Capital Management told investors in a Thursday letter that the outlet will flourish if it more aggressively rolls out its subscription bundle.

Disney+ Adds 14.4 Million Subscribers, Announces Ad-Supported Tier

Aug. 10, 2022 · 3:44 PM PDT
Disney’s streaming services beat analyst expectations for subscriber growth with heavy gains outside North America.

Meta Raises $10 Billion in Bond Market Debut

Aug. 10, 2022 · 2:56 PM PDT
The Facebook parent’s first ever corporate bond offering will help the company fund share buybacks amid dimming financial prospects.

Axios Selling Itself to Cox Enterprises for $525 Million

Aug. 8, 2022 · 8:45 AM PDT
The digital media outlet, which had raised $55 million since 2016, will continue its push into local news as part of the telecom conglomerate.

Warner Bros. Discovery Considers Free, Ad-Supported Streaming Service

Aug. 4, 2022 · 4:26 PM PDT
The newly merged entertainment conglomerate boasted a total of 92.1 million total streaming subscribers in the second quarter.

Lyft Stock Climbs on Ride Hailing Rebound

Aug. 4, 2022 · 4:02 PM PDT
The San Francisco-based company said ride-hailing neared pre-pandemic levels.

Apple Job Posting Hints at Advertising Ambitions

Aug. 3, 2022 · 2:01 PM PDT · 1 comment
The hardware and software giant is looking for someone to create a platform that will help advertisers buy ads across Apple’s web of services

Google, Meta and Apple Back Affirmative Action in Supreme Court Brief

Aug. 1, 2022 · 2:42 PM PDT
Seventy companies signed on to the amici curiae brief, which makes a business argument for allowing affirmative action in college admissions.
Art by Mike Sullivan

Roku Stock Plummets on Weak TV Ad Demand

July 28, 2022 · 2:28 PM PDT
The streaming company forecast just 3% revenue growth in the third quarter, blaming a slowdown in TV advertising.

Google’s 18-Month Run of Blistering Growth Comes to An End

July 26, 2022 · 2:18 PM PDT
Alphabet, Google’s parent company, reported its slowest quarterly revenue growth since the start of the pandemic.

Twitter Revenue Falls But Stock Stays Flat Thanks to Musk Deal

July 22, 2022 · 2:53 PM PDT
As advertising demand slows, the social media company’s revenue dropped for the first quarter since the beginning of the pandemic.

Snap Reports Sharp Revenue Slowdown, Shares Plunge

July 21, 2022 · 2:45 PM PDT
The social platform and augmented reality company grew revenue by just 13% year over year, its slowest quarterly rate since going public.

Netflix Loses 970,000 Subscribers in Second Quarter

July 19, 2022 · 4:45 PM PDT
The streaming giant hung on to more subscribers than it forecast, but the strong dollar cut into profits.

Meta’s Forced Sale of Giphy Stalls After Regulatory Fumble

July 18, 2022 · 1:22 PM PDT
The U.K. Competition & Markets Authority unlawfully redacted material in its merger inquiry, an appeals tribunal ruled.
Photo by AP.

Unity to Buy Ad Tech Firm ironSource in $4.4 Billion Deal

July 13, 2022 · 12:22 PM PDT
The gaming giant is snapping up the app monetization company for 60% less than its SPAC deal listing price last year.

Google Offers to Move, But Not Sell, Ad-Tech Business

July 8, 2022 · 11:55 AM PDT
The proposed concessions came as government pressure mounts against the massive internet company.