Top News:
Todd Spangler / Variety:
Elon Musk pens an open letter to calm 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 …
Discussion:
@elonmusk, The Atlantic, @sep, Mediaite, Bloomberg, Ad Age, Vanity Fair, The Wrap, The Hill, The Guardian, Gizmodo, Reuters, CNN, Observer, @donie, Wall Street Journal, @ruthbenghiat, Fortune, PC Gamer, Associated Press, Slate, Quartz, TechCrunch, TMZ.com, Jordan's Newsletter, @robinw, @theplumlinegs, @oneunderscore__, NPR, El País, Engadget, Deadline, Rolling Stone, New York Post, Politico, Insider, The Information, CBS News and New York Times, more at Techmeme »
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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 car ads — Marketers worry about the Tesla CEO's stance on content moderation, potential conflicts in auto advertising if the Twitter deal completes
The Verge:
Spotify updates its iOS app to remove audiobook purchasing instructions, replaced with a message saying “it's not ideal”, to comply with Apple's App Store rules — An update for Spotify's iOS app released Thursday had a big change for its audiobooks vertical — and not for the better.
Discussion:
XDA Developers, AppleInsider, 9to5Mac, @brandonking4787, @wolfejosh, @film_girl, New York Times and Engadget, 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, @lindseyboylan, @rcfp, @demandprogress, @dankennedy_nu, @lawfareblog, @adamgoldmannyt, @freedomofpress, @lawfareblog, @knightcolumbia, @cathmccarthy77, @scottmstedman, @charlie_savage, @jason_kint, @digiphile, Lawfare, Washington Post, The Reporters Committee …, CNN, CBS News and Committee to Protect …
Defector:
Defector reports $3.8M in annual revenue, up from $3.2M in 2021, $3.7M in expenses, up from $3M in 2021, and 38K subscribers, who contribute 95% of revenue — Purpose of this report — Defector continues to have no outside investors and no intention of raising outside capital.
Discussion:
Adweek, Nieman Lab, @mckinneykelsey, @scott_tobias, @defectormedia, @adweek, @ahazlett, @taylorkatebrown, @theisen95 and @defectormedia
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:
@eggerdc, @ak_mack, @scottnover, @scottnover, @gbbranstetter, @baseballcrank, @emilyctamkin, @karoli, @kateefeldman, @semafor and @karlbode
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 …
Discussion:
@pbump, @pbump, @melissajpeltier, @kombiz, @elienyc, @rolandsmartin, @williamjordann, @_waleedshahid, @pbump, @akiperitz, @badfoxgraphics, @markhertling, @mgerrydoyle, @patrick_hruby, @brendannyhan, @jamisonfoser, @mollyjongfast, @brianbeutler, @brianbeutler, @mrjoncryer, @brooklynmarie and @pbump
Joe Rossignol / MacRumors:
Following complaints from prominent developers, Apple says the company “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 …
Discussion:
TechCrunch, Insider, The Verge, @film_girl, The Verge, XDA Developers, Engadget, The Information, MediaNama, 9to5Mac, AppleInsider and Financial Times
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, Advanced Television, @versharma, The Hollywood Reporter and Media Play News
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:
CNBC, Wall Street Journal, MediaPost, Deadline, The Wrap, Radio & Television …, The Wrap, Deadline, The Streamable, Variety, IndieWire, @tvgrimreaper and Business Wire
Agence France-Presse:
AFP and Twitter partner to elevate credible information in Spanish in Latin America, Spain, and the US, a month after announcing a deal for Portuguese in Brazil — AFP, one of the world's leading news agencies, and Twitter announced on Thursday a collaboration to identify …
Discussion:
Adweek
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.
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