Top News:
James Ball / New Statesman:
Elon Musk's plan to monetize Twitter verification risks alienating creators and advertisers while helping accounts spread fake news — Elon Musk's latest brainwave risks alienating the users Twitter depends on and would expose it to lawsuits. — Let us start with a confession …
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Sara Fischer / Axios:
Twitter's Chief Customer Officer Sarah Personette has “resigned” after over four years and says she believes the new administration is committed to brand safety — Sarah Personette, Twitter's chief customer officer who's been with the company for more than four years …
Discussion:
@sep, Adweek, Ad Age, MediaPost, The Information, @sep, @sep, @jamesrbuk, @producermcd, @sarafischer, @laurenshirsch and The Hollywood Reporter, more at Techmeme »
Wall Street Journal:
Sources: Twitter is planning to end the ability of Twitter Blue subscribers to access ad-free articles from hundreds of publishers — Created with sketchtool. — Twitter Inc. is ending the ability of subscribers of its paid Twitter Blue product to access ad-free articles from publishers, according to people familiar with the matter
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The Verge, TechCrunch, 9to5Mac, @wongmjane, @readdanwrite, CNET, Bloomberg, @wsj, @rhysriddell, The Information, Tubefilter and Deadline, more at Techmeme »
Axios:
Sources: Elon Musk told Twitter engineers to work on a Vine reboot that may be ready by the end of 2022; Twitter acquired Vine in 2012 and shut it down in 2016
Sources: Elon Musk told Twitter engineers to work on a Vine reboot that may be ready by the end of 2022; Twitter acquired Vine in 2012 and shut it down in 2016
Discussion:
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New York Times:
A US federal judge blocks Penguin Random House's bid to acquire Simon & Schuster, saying the DOJ demonstrated the merger might “substantially” harm competition — The government's case blocked the merger of two of the United States' largest publishers and reflected a more aggressive approach to curbing consolidation.
Discussion:
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David Pierce / The Verge:
YouTube rolls out Primetime Channels in the US, with shows and movies from 35 partners, including Paramount+ and Epix, and plans to add NBA League Pass soon — Streaming services are coming to YouTube. The company is rolling out a new feature called Primetime Channels that will bring shows …
Sara Fischer / Axios:
Sources: CVC Capital Partners looks to partner with Group Black on its bid to buy BDG Media, providing equity; Blackstone also eyes a role in the acquisition — CVC Capital Partners is looking to partner with Group Black on its bid to buy BDG Media, according to sources.
Kaitlyn Tiffany / The Atlantic:
A look at video site Rumble, which has been on an upward trajectory since H2 2020, when right-wing star Dan Bongino moved from YouTube and took an equity stake — When Donald Trump was banned from Twitter in January 2021, it was obvious that he would have to find somewhere else to post.
Eileen AJ Connelly / The Wrap:
Fox Corp reports Q1 revenue up 5% YoY to $3.19B, compared to $3.17B estimates, ad revenue up 8% YoY to $1.22B, and $613M net income, down from $708M YoY — Fox Corp. on Tuesday said revenue rose 5% in the first quarter of television giant's fiscal year to $3.19 billion …
Discussion:
Next TV, Variety, Wall Street Journal, MediaPost, TVNewsCheck, Deadline, Fox Corporation and Media Play News
Benjamin Wittes / Lawfare:
National security blog Lawfare removes some of its columns due to “significant plagiarism” and one piece for lack of confidence in the article — Over the past several weeks, I have become aware of two serious quality control failures that have occurred at Lawfare, one recent and one several years old.
Discussion:
@benjaminwittes, @ariehkovler, @rosenzweigp and @benjaminwittes
Mark Stenberg / Adweek:
Eater partners with publisher Abrams to release four city guides and three cookbooks, including NYC and LA guides in 2024 and a restaurant recipe book in 2023 — The extension marks the first literary foray from the food title — The food and hospitality publisher Eater, a Vox Media title …
Discussion:
Eater and @markstenberg3
Sara Fischer / Axios:
Parrot Analytics plans to unveil a system that predicts the monetary value of streaming titles; Squid Game is on track to become Netflix's most lucrative series — Parrot Analytics, a firm used by many major Hollywood studios to understand audience demand for streaming content …
Sara Fischer / Axios:
Instagram is paying millennial-focused media company ATTN: six figures to create content to fight Spanish-language misinformation ahead of the US midterms — - ATTN: is known for making viral videos featuring politicians and celebrities discussing social causes.