Top News:
Joe Pompeo / Vanity Fair:
Some journalists say they are deleting their Twitter DMs, as many scoff at the idea of an $8 verification fee and make plans to use rival social media platforms — Journalists are deleting DMs, scoffing at Musk's $8 verification fee, and even considering bolting from the platform.
Discussion:
Bloomberg, Washington Post, Detroit News, New York Times, The Atlantic, American Prospect, Second Guess, @clairehoworth, @knightlat, @helentobin, @pkafka, @scottnover, The Hill, @mlcalderone, @tvgrimreaper, @joepompeo, Insider, OpenSecrets.org, Daily Mail, Forbes, Tubefilter and Columbia Journalism Review
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Wall Street Journal:
General Mills and Audi paused Twitter ads, and sources say Pfizer and Mondelez did too; Elon Musk talked with WPP and its clients like Unilever and Google — Advertisers are concerned about a flurry of executive departures at Twitter and new owner Elon Musk's plans for content moderation
Discussion:
Axios, Financial Times, Digiday, Ad Age, Washington Post, New York Post, New York Times, @werty, @digiday, @gregbensinger, @fpwellman and @jason_kint, more at Techmeme »
Casey Newton / Platformer:
Sources: Twitter plans to shut down newsletter platform Revue, acquired in January 2021, by the end of 2022, and has paused its four-month-old Notes product — A new Vine camera is in. Notes and Revue are out — With massive layoffs expected to hit Twitter tomorrow …
Discussion:
CBS News, Bloomberg, CoinDesk, @niubi, @martinsfp, @zoeschiffer, @caseynewton, @skastenbaum and @sharonodea, more at Techmeme »
@insiderunion:
[Thread] Insider's union demands that management bargain over changes in writers' metric goals and the elimination of roles, after the paywall strategy shifts — Yesterday, our @insiderunion colleagues marched on global editor-in-chief @nichcarlson to demand he and other members of @thisisinsider management bargain with us about massive proposed changes to the newsroom. How did we get here? 🧵A thread... https://twitter.com/...
Discussion:
Semafor, @om, @thenickguy, @insiderunion, @insiderunion, @insiderunion, @maddierenbarger, @palafo, @insiderunion, @insiderunion, @insiderunion, @crossingjessica, @stokessamanthaj, @insiderunion, @aprjoy, @dubsrewatcher, @insiderunion, @ben__tobin, @rafat, @jeffjarvis and @tatejamesdotcom
Joe Flint / Wall Street Journal:
Since WarnerMedia's Discovery merger on April 8, the stock is down ~48%, debt is higher than at other media companies, and sources say 1,000+ have been let go — Merger created streaming-media giant, but leveraging company's assets has been tough in a competitive market
Discussion:
SlashFilm, The Hollywood Reporter, TVLine, @jbflint, @mattgertz, @rwhelanwsj, @digitalshields, @keachhagey, @jbflint, @jbflint and @jtoonkel
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Lillian Rizzo / CNBC:
Warner Bros. Discovery misses with Q3 revenue of $9.82B, vs. $10.36B est., adds 2.8M streaming customers to reach 94.9M total, and TV networks revenue fell 8% — - Warner Bros. Discovery reported third-quarter earnings after the bell on Thursday, missing analysts' estimates on revenue.
Discussion:
Financial Times, The Streamable, Wall Street Journal, TechCrunch, @pkafka, @masasoncap, Deadline, @ballmatthew, The Hollywood Reporter, @jbflint and @jbflint
Alex Sherman / CNBC:
CNBC cancels primetime general news show The News with Shepard Smith to refocus on business and market coverage; source: Smith plans to leave later in November — - CNBC has canceled “The News with Shepard Smith” after two years. — Smith is leaving the network after his show concludes later this month.
Discussion:
Variety, Semafor, Talking Biz News, The Hollywood Reporter, Newser, The Daily Wire, Forbes, @aidnmclaughlin, @sherman4949, New York Post, @keitholbermann, @justinbaragona, Deadline, The Wrap, @bobbybigwheel, @newspolitics, @ajkatztv, @joeconchatv, TVLine, @maxwelltani, Mediaite, @ccadelago, The Hill, Next TV, The Post Millennial, The Daily Beast and Barrett Media
Alexandra Bruell / Wall Street Journal:
Advance Publications, which owns 24 newspapers and Condé Nast, plans to stop printing Alabama's three largest newspapers and make them digital-only in February — Advance Publications to make Birmingham News, Huntsville Times and Press-Register digital-only
Discussion:
al.com, @jeremylittau, @mikestobbe, @tmorris504, The Rural Blog, @maghielse, @connorasheets, @johnhammontree, @aaronkfoley and @tristanbaurick
Todd Spangler / Variety:
AMC Networks adds 11 new free ad-supported channels to the Roku Channel in a multiyear deal expansion; AMC+, Shudder, and Acorn TV remain Premium Subscriptions — AMC Networks is bringing 11 new free, ad-supported TV (FAST) channels to the Roku Channel — including a selection of episodes …
Discussion:
Roku, The Streamable, Next TV and Media Play News
Reuters:
Sources: Rupert Murdoch is pursuing a Fox/News Corp reunion because combining live game broadcasts and sports coverage would help with Fox Sports' betting foray — Rupert Murdoch's proposal to recombine News Corp (NWSA.O) and Fox Corp (FOXA.O) and capitalize on sports betting has yet …
Matthew Keys / The Desk:
Dish raises Sling TV prices to $40/month, double the price the company charged upon launching the base package seven years ago, and $55/month for both packages — Dish Network's streaming television service Sling TV says it is rolling out a price increase on its base plans.
Discussion:
The Verge, CNET, Next TV, The Wrap, Awful Announcing, The Streamable, @sportstvratings, The Hollywood Reporter, MediaPost, 9to5Google and Cord Cutters News, Thanks:@matthewkeyslive
Stephanie Lai / New York Times:
Political campaigns are increasingly using influencers, a practice the FEC's campaign finance laws do not regulate, with disclosures dictated by an honor system — Campaigns are using social media influencers as a way to reach young and diverse voters, a novel and mostly unregulated strategy.
Discussion:
@mcclainjulie, @juliammccarthy and @stephaniealai, more at Techmeme »
Aisha Malik / TechCrunch:
Facebook expands professional mode, letting all creators globally earn money from various monetization programs, including Reels Play bonuses and subscriptions — Meta has announced the global expansion of its professional mode profile setting on Facebook to all creators.
Discussion:
Facebook, @helnzhou, Decrypt, Search Engine Journal and Meta
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Kate Irwin / Decrypt:
Meta lets select Instagram creators in the US test a toolkit for minting NFTs and selling them on and off the platform, and says it won't charge fees until 2024
Discussion:
Adweek, MediaPost, TechCrunch, The New Age, @pbump, @dangillmor, Music Ally, Crypto Blurt, Search Engine Journal, The Verge, CoinDesk, 9to5Mac and Engadget, more at Techmeme »
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