Top News:
Alex Heath / The Verge:
Meta says Apple updated its App Store rules to require IAPs for social media “boosts” to grow its business “while undercutting others in the digital economy” — Just when I thought the relationship between Apple and Meta couldn't get more hostile, here we are.
Discussion:
Observer, MediaPost, Adweek, Android Authority, Bloomberg, AppleInsider, XDA Developers, @wongmjane, @slightlylate, @gartenberg, @film_girl, 9to5Mac, @ai, MacRumors, Apple Developer, Gizmodo, TechCrunch, MediaNama and TheStreet, more at Techmeme »
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Emma Roth / The Verge:
Spotify says Apple's behavior is “choking competition” after Apple rejected its proposed audiobook purchasing process three times for breaking App Store rules — The company called Apple practices “anticompetitive” and said it was “choking competition” in a blog post published …
Sheila Dang / Reuters:
Internal research: Twitter has been losing “heavy tweeters”, who tweet three to four times a week, as their interest in news, sports, and entertainment wanes — “Is Twitter dying?” billionaire Elon Musk mused in April, five days before offering to buy the social media platform.
Discussion:
@sheila_dang, @sheila_dang, @dkthomp, Nieman Lab, @jimwaterson, @benjysarlin, The Register, @cbouzy, @caseyjohnston, Reason, @anne_theriault, @vahn16, @helenkennedy, Insider, @shelldash, @devincow, @bradmossesq, @helenkennedy, @davewiner, @semaforben, @jacobsben, @mekosoff, @prairielaura, @vboykis, @caseyjohnston, @mj_coren, @nxthompson, @davewiner, @semaforben, @joshgnosis, @docdre, @carolndosi, @neilcybart, MediaNama, @theashleyray, @rloyola, @hellolanemoore, @willsmith, @angryblacklady, @baileythegreen, @theashleyray, @rabiasquared, @breenewsome, @sandrasantos, @davidmackau, @brucefenton, @henrycooke, @jrmcgrail, @gossithedog, @scalzi, @marshallk, @samro, @mccanner, @dloesch, @fred_delicious, @yourmandevine, @northmantrader, @travelinganna, @angelmendoza___, @theferocity, @richlightshed, @katehalliwell, @cwarzel, @blgtylr, @emilygorcenski, @mathewi, @amy_siskind, @taylorlorenz, @rasmus_kleis, @tomgara, @robpegoraro, The Information, Forbes, Gizmodo and New York Magazine, more at Techmeme »
Alex Sherman / CNBC:
Sources: CNN CEO Chris Licht has finished a broad business review, as part of a plan to eliminate 1,000+ Warner Bros. Discovery jobs before the end of 2022 — - CNN CEO Chris Licht talked to CNBC about why he took the job, why he thinks some coverage of him has been “painfully inaccurate …
Katie Robertson / New York Times:
The Texas Tribune, one of the biggest nonprofit newsrooms in the US, names Sonal Shah as CEO; The Tribune has 10K+ paying readers and 175K+ newsletter subs — Sonal Shah will take over from Evan Smith, who has run the nonprofit news organization since he co-founded it in 2009.
Discussion:
@jimschachter, @dpatil, @sonalrshah, @jimschachter, @sewellchan, @sonalrshah, @clockwerks, @sewellchan, @evanasmith, @sewellchan, @sewellchan and @katie_robertson
Peter Kafka / Vox:
Q&A with Ben Smith on “Semaform”, targeting “the dissatisfied middle”, and rejected ideas for Semafor, like showing an advance copy of an article to its subject — A Q&A with the co-founder of the news startup. — Ben Smith generates attention anywhere he goes.
Discussion:
@ranimolla, @pkafka and @shwinyo
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Molly Taft / Gizmodo:
Semafor launches a climate and energy-focused newsletter with Chevron as its first sponsor, linking to a Chevron website on turning cow waste into natural gas — Semafor, the much-anticipated new journalism site, launched its climate newsletter this week—and Chevron is its first sponsor. — Alerts
Discussion:
Talking Biz News
Dawn Chmielewski / Reuters:
Spotify reports Q3 revenue up 21% YoY to €3.04B, MAUs up 20% YoY to 456M vs. 448.6M est., and Premium subs up 13% YoY to 195M; stock drops 6%+ on ad growth miss — Audio streaming service Spotify Technology SA (SPOT.N) Tuesday surpassed Wall Street's estimates for revenue and subscriber gains …
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Anne Steele / Wall Street Journal:
Spotify CEO Daniel Ek says US subscribers can expect price hikes in 2023, after recent increases by Apple and YouTube; Premium has cost $9.99/month since 2011
Discussion:
Reuters, Insider, Deadline, The Desk, Complete Music Update, Music Business Worldwide, Music Ally, MarketWatch, Variety and Billboard, more at Techmeme »
Todd Spangler / Variety:
ESPN sells a majority stake in its 27-year-old extreme sports franchise X Games to PE firm MSP Sports; ESPN will continue as its US linear broadcast partner — Financial terms of the deal were not disclosed. MSP will assume day-to-day operational control of the X Games business, which will spin off from ESPN.
Anthony D'Alessandro / Deadline:
Guardians of the Galaxy filmmaker James Gunn and DC Films producer Peter Safran will co-lead DC Studios, the Warner Bros. Discovery unit set to replace DC Films — Finally, Warner Discovery Boss David Zaslav has a new head of DC studios; not one but two and it's Guardians of the Galaxy …
Discussion:
The Hollywood Reporter, SlashFilm, ScreenRant, Variety, MediaPost, The Wrap, Variety, Boing Boing, IGN, Advanced Television, @justrycole, @devindruid, @lloydkaufman, @brookeobie, @jesabelraay, @borys_kit, @jimlee, The Week, @johncena, @borys_kit, Above the Line, @dccomics, @krolljvar, @loudmouthjulia, @loudmouthjulia, @loudmouthjulia, @andykhouri, @clarisselou, Media Play News, New York Post, Pop Culture Brain Daily, Next TV, CNET, The Verge, Bloomberg, The Playlist, Decider, GoldDerby, Insider, Polygon, The A.V. Club, Los Angeles Times, Adweek, TVLine, Gizmodo, Collider, WORLD SCREEN and IndieWire
Todd Spangler / Variety:
YouTube's ad revenue dropped 1.9% YoY to $7.07B in Q3, below expectations of $7.42B and representing its first year-over-year drop in at least two years — Overall, Alphabet, Google's parent company, also came in below analyst estimates. The company posted revenue of $69.1 billion and earnings per share of $1.06 for Q3.
Discussion:
@richlightshed, The Guardian, Billboard, Insider, Alphabet, @johngreen, Quartz, @hankgreen, Music Business Worldwide, @techinsider, Digiday, @willguyatt, @digitalshields, The Hollywood Reporter, @matthewkeyslive, The Wrap, Insider, Bloomberg, The Desk, 9to5Google and Wall Street Journal, more at Techmeme »
Caleb Wilson / Food Business News:
David Chavern, News/Media Alliance's president and CEO since 2015, plans to leave to become the Consumer Brands Association's president and CEO in January 2023 — ARLINGTON, VA. — David Chavern will be the new president and chief executive officer for the Consumer Brands Association, effective Jan. 3, 2023.
Discussion:
Consumer Brands Association and News/Media Alliance
Adam Bernstein / Washington Post:
Neema Roshania Patel, a founding editor of The Lily, The Washington Post's news site for millennial women, dies of gastric cancer at 35 — Neema Roshania Patel, a founding editor of The Washington Post's news site for millennial women, The Lily, and most recently an editor …
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