Top News:
Kyle Wiggers / TechCrunch:
After Twitter labels select accounts as “Official”, Elon Musk says he “killed it” and an executive says the label “is still going out” as part of the new Blue — Update: Well, that was fast. The grey checks have begun to disappear following a tweet …
Discussion:
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Sara Fischer / @sarafischer:
[Thread] Elon Musk tells advertisers in a Spaces chat that Twitter plans to improve ad relevance, he will pay to verify brands if they don't want to, and more — 1/ Live tweeting @elonmusk Twitter spaces w advertisers: Q: What's biggest learning so far? —"The overarching goal here is, how can we make Twitter a force for good in civilization?" —"We want to be in rigorous pursuit of the truth, to be somewhat in the business of truth"
Discussion:
@justinhendrix, Bloomberg, Wall Street Journal, @nandoodles, Insider, The Daily Beast, CNN, TechCrunch, @mmasnick, Washington Post, Deadline, The Information, Reuters, @sarafischer, @nandoodles, @brucewilson, @sarafischer, New York Post, @nandoodles, @nberlat, @futureboy, @kerrymflynn, @brendannyhan, @sarafischer, The Hollywood Reporter, @sarafischer, @nandoodles, @mcnees, @sarafischer, MacRumors, @justinhendrix, @sarafischer, @nandoodles and @krisgoldsmith85, more at Techmeme »
Peter Kafka / Vox:
Brand advertisers say they don't mind what Elon Musk says in outreach calls; they want to avoid controversy so they're concerned about what he does and tweets — Hard to solve that with a conference call. — Elon Musk held a giant conference call for advertisers and more than 100,000 other people today.
Discussion:
The Guardian, Adweek, Insider, @loupas, Fortune, The Atlantic, Engadget, @arlanwashere, Paro_Dex_Cali, @mccarthyryanj, @pkafka, Bloomberg, CBS News, Barron's Online, Deliberatus, Slate and The Drum, more at Techmeme »
Wendy Lee / Los Angeles Times:
Journalists rethink using Twitter due to uncertainty around identity verification and its utility for reporting; Twitter's traffic-boosting value has been minor — The complaints, fears and angst surrounding changes at troubled tech giant Twitter began unraveling on its own platform …
Steven Perlberg / Insider:
Bloomberg doesn't plan to cover staff's Twitter Blue verification and CNN says it's “highly unlikely”; Puck calls the cost an extension of its marketing budget — - Twitter is planning to require users to pay to keep their verification. — Insider asked 14 newsrooms whether …
Discussion:
@esthercrawford, @maxwelltani, The Verge, @caseynewton, Associated Press, @malwaretechblog, @mmasnick, MacRumors, @dangillmor, @jamesrbuk, @emilybell, @adamsessler, @mattdpearce, @brooklynmarie, @evacide, @muellershewrote, @jayrosen_nyu, @mattdpearce, @axelmerk, @zenofdesign, @harrymccracken, @semaforben, @latimes and @stuartathompson
New York Times:
Forbes says the outlet is in advanced talks to sell itself to a group of investors; sources: Forbes was seeking $800M+, but the final price will likely be lower — The group of bidders includes investors from the United States and overseas, a company spokesman said.
Discussion:
The Daily Beast, Talking Biz News and @pkafka
Jem Aswad / Variety:
YouTube says Music and Premium have 80M+ paying subscribers combined, up from 50M in September 2021, and payments to creators and others since 2019 passed $50B — It's a dramatic leap, especially for a platform where so much can be had for free, and would seem to place YouTube …
Washington Post:
A look at Birdwatch, soon to be renamed Community Notes, as Twitter scales back professional debunkings: 194 people submitted notes posted in the past month — In private chats, a cadre of volunteers is shaping a new approach to misinformation — one Elon Musk has endorsed as he scales back on professional debunkings
Discussion:
@metaviv, The Information, @metaviv, @taylorlorenz, @penamerica, @jeremybmerrill, @alec_palm, @jtlol, @willoremus, @brendannyhan, @metaviv and Poynter
Stephen Battaglio / Los Angeles Times:
A look at free news channels: NBC News Now averages 34M streaming hours per month in 2022, up 55% YoY; ABC News had 41M streaming hours in September, up 73% YoY — If TV news legends Walter Cronkite or David Brinkley were alive and still reporting today, you probably would be watching them on a streaming channel.
Discussion:
@latimes
Rick Edmonds / Poynter:
Filing: Gannett Media president and USA Today publisher Maribel Perez Wadsworth will leave at year end; source: Newsquest's Henry Faure Walker will succeed her — The president of Gannett Media and publisher of USA Today has been with the company for 25 years
Discussion:
d18rn0p25nwr6d.cloudfront.net, The Hill and MediaPost
Sarah Whitten / CNBC:
Disney misses on Q4 revenue, up 9% YoY to $20.15B vs. $21.24B est., but adds 12.1M Disney+ subscribers for a total of 164.2M, vs. 160.45M est.; stock down 10%+ — - Disney reports earnings after the market closes on Tuesday. — The company will hold an earnings conference call at 4:30 p.m. ET.
RELATED:
Patrick Frater / Variety:
Media Partners Asia: Disney+ overtook Hulu as Japan's third largest streamer in Q3, with 3.6M subscribers, ahead of Amazon Prime Video's ~16.5M and Netflix's 7M
Lauren Forristal / TechCrunch:
Disney hit 235.7M global streaming subscribers in its Q4, above Netflix's 223.1M in its Q3; Disney+ had 164.2M subscribers, Hulu had 47.2M, and ESPN+ had 24.3M
Discussion:
CNBC, The Streamable, Deadline, @jschwarz9, @jbflint, Engadget, Barrett Media, The Verge, The Wrap and Awful Announcing
Georg Szalai / The Hollywood Reporter:
ITV reports external revenue for January to September 2022 rose 6% YoY to £2.52B, driven by ITV Studios up 16% YoY to £1.39B, and Q3 ad revenue fell 14% YoY — But ITV Studios revenue grew 16 percent over the first nine months. — U.K. TV giant ITV reported a 14 drop …
Discussion:
Deadline, The Guardian, Reuters, Variety and Financial Times
Manori Ravindran / Variety:
BBC Studios takes full ownership of Voltage TV, which has made documentaries for the BBC, ITV, Netflix, and Amazon Prime, by buying Channel 4's minority stake — BBC Studios has taken full ownership of British factual producer Voltage TV, whose credits include “Inside the Factory” and “The British Tribe Next Door.”
Discussion:
The Hollywood Reporter and Deadline
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