Top News:
Todd Spangler / Variety:
Elon Musk seeks to reassure Twitter advertisers, arguing his goal is not “to make more money” and the service “cannot become a free-for-all hellscape” — Mega-billionaire Elon Musk, nearing the finish line in his rocky takeover of Twitter, posted an open letter …
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Wall Street Journal:
Sources: ahead of Elon Musk's takeover, advertisers on Twitter are concerned about looser content moderation and potential conflicts of interest for auto ads — Marketers worry about the Tesla CEO's stance on content moderation, potential conflicts in auto advertising if the Twitter deal completes
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Charlie Savage / New York Times:
The US DOJ formally bans the use of subpoenas, warrants, or court orders to seize reporters' communications records or demand notes or testimony in leak probes — The rule codifies and expands a policy he issued in 2021, after it came to light that the Trump administration had secretly gone …
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U.S. Department of Justice, @demandprogress, @rcfp, @dankennedy_nu, @scottmstedman, @lawfareblog, @charlie_savage, @adamgoldmannyt, @lawfareblog, @cathmccarthy77, @freedomofpress, @knightcolumbia, @jason_kint, @digiphile, Lawfare, Washington Post, The Reporters Committee …, CNN, CBS News and Committee to Protect …
Semafor:
Sources: former The Hill owner Jimmy Finkelstein says he's raised at least $40M for a new digital news outlet billed as a Washington Post-Daily Mail hybrid — The media entrepreneur Jimmy Finkelstein has taken one step closer to launching a new entrant in the American news landscape …
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Todd Spangler / Variety:
The New York Post says it is “taking appropriate action” after an employee hijacked its site and Twitter account and posted racist and violent headlines — The official Twitter account of the right-leaning New York Post, owned by Rupert Murdoch's News Corp …
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Philip Bump / Washington Post:
Similar to its heavy coverage of a migrant caravan in 2018, Fox News has steadily ramped up mentions of crime as the US midterms approach — A few weeks ago, I wrote an article headlined “Crime is surging (in Fox News coverage)." It was a follow-up to an article I'd written a few weeks prior …
The Wire:
The Wire apologizes, saying technical evidence should have been independently verified and that “a member of our Meta investigation team” deceived the outlet — Last week, The Wire formally retracted its Meta stories after conducting an internal review of the technical source material used …
Discussion:
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Georg Szalai / The Hollywood Reporter:
NBCU reports adjusted EBITDA up 24.6% YoY to $1.7B and $9.6B revenue, down 4.3% YoY; Peacock has 15M+ subscribers, up 70% YTD, and a $614M adjusted EBITDA loss — Parent company Comcast also updates broadband subscriber trends at its cable systems business amid growth challenges across the industry.
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Gerry Smith / Bloomberg:
CNN names Athan Stephanopoulos, previously the president of NowThis, as its chief digital officer, starting November 14 — CNN has named Athan Stephanopoulos as its new chief digital officer, appointing a veteran of the online video business to grow its audience as the network braces for further cost-cutting.
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Daniel Zuidijk / Bloomberg:
Web Summit rescinds invitations to speakers from Grayzone, after backlash over the website's anti-Ukrainian government stories — Web Summit, the largest technology conference in Europe, has withdrawn an invitation for speakers from the Grayzone, after a backlash against the website's anti-Ukrainian government narratives.
Davey Alba / Bloomberg:
NewsGuard: partisan organizations masquerading as local news outlets spent about $3.94M on Facebook and Instagram ads so far in 2022, based on Meta's Ad Library — Facebook and Instagram are running millions of dollars in ads from so-called pink-slime newsrooms — partisan organizations masquerading …
Discussion:
@dabeard, @daveyalba, NewsGuard, @daveyalba, @daveyalba and @daveyalba
Joe Rossignol / MacRumors:
Following complaints from prominent developers, Apple says it has “paused ads related to gambling and a few other categories on App Store product pages” — Original story from October 25 follows. — Apple today rolled out new ad placements in the App Store on the iPhone …
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