Top News:
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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@elonmusk, The Wrap, The Hill, The Guardian, Insider, TechCrunch, The Information, Deadline, The Verge, The Hollywood Reporter, @profcarroll, @esqueer_, ABC7, Quartz, @asharma and Bloomberg, more at Techmeme »
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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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CNN, Observer, Insider, Quartz, TMZ.com, Jordan's Newsletter, Engadget, El País, Wall Street Journal, Gizmodo, NPR, New York Post, The Information, Deadline, The Guardian, CBS News, TechCrunch, Rolling Stone, Bloomberg, The Wrap, New York Times, Fortune and The Hill, more at Techmeme »
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 …
Discussion:
U.S. Department of Justice, @rcfp, @adamgoldmannyt, @freedomofpress, @dankennedy_nu, @lawfareblog, @cathmccarthy77, @knightcolumbia, @scottmstedman, @lawfareblog, @charlie_savage, The Reporters Committee …, @jason_kint, @digiphile, Lawfare, Washington Post, 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 …
Discussion:
@baseballcrank, @semafor, @scottnover, @emilyctamkin, @scottnover, @karoli, @karlbode, @kateefeldman, @eggerdc, @ak_mack and @gbbranstetter
Zack Whittaker / TechCrunch:
The New York Post says it was hacked after several offensive articles and tweets appeared on its site and Twitter account, weeks after Fast Company's CMS breach — The New York Post, one of the biggest New York City daily newspapers, said it was hacked on Thursday after several offensive articles …
Discussion:
@nypost, Mediaite, New York Magazine, Press Gazette, Variety, CNBC, Bloomberg, The Hill, Wall Street Journal, The Record, @nikkimcr, @jengoodman75, @nikkimcr, @carlquintanilla, Insider and @yuhline
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 it was deceived “by a member of our Meta investigation team” — Last week, The Wire formally retracted its Meta stories after conducting an internal review of the technical source material used …
Discussion:
@thewire_in, @priyankapulla, @caseynewton, Talking Biz News, @rmac18, MediaNama, @ajitdatta, @therealnaomib, @parismartineau, @eileenguo, @minhazmerchant, @zoyarasul, @evacide, @parthpunter, @sankrant, @risj_oxford, @somyalakhani, @nanditathhakur, @martinsfp, @iyersaishwarya, @sunandavashisht, @newspaperwallah, @adityamenon22, @smitadeshmukh, @tweetinderkaul, @ajitdatta, @priyankac19, @vidyut, @sankrant, @masalabai, @elmihiro, @mmasnick, @sreyashidey, @karanbhasin95, @ashubh, @nayanikaaa, @_sabanaqvi, @nandyasmita, @simrin_sirur, @svaradarajan, The Verge and Facebook Journalism Project, more at Techmeme »
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.
Discussion:
CNN, The Wrap, Variety, Deadline, @versharma, The Hollywood Reporter and Media Play News
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.
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.
Discussion:
Wall Street Journal, CNBC, The Streamable, The Wrap, Variety, IndieWire, Deadline, @tvgrimreaper and Business Wire
Patrick Coffee / Wall Street Journal:
OpenWeb, which helps publishers target readers with ads and manage comments, has raised a $170M Series F at a $1.5B valuation, up from $1.1B in November 2021 — The firm, now valued at $1.5 billion, plans to move further into ad sales and eventually go public, its CEO says
Chris Roush / Talking Biz News:
Memo: Bloomberg Media is dropping programmatic ads from its website and apps starting on January 1, 2023, requiring brands to work directly with its media team — Bloomberg Media CEO Scott Havens writes about why it's dropping programmatic advertising at the end of the year:
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