Top News:
Alex Sherman / CNBC:
Internal memo: Disney plans to institute a targeted hiring freeze except for “the most critical, business-driving positions” and make “some staff reductions” — KEY POINTS — Disney plans to freeze hiring and cut some jobs, according to an internal memo.
Richard Rushfield / The Ankler:
Source: Michael Lewis shadowed Sam Bankman-Fried for the past six months and CAA is pitching Lewis' yet-to-be-written book on FTX's collapse to Hollywood buyers — Author compares Sam Bankman-Fried, Binance's CZ to ‘Luke Skywalker and Darth Vader’ in email sent by CAA — In this issue:
Discussion:
@janicemin, @caitlinlong_, @ahcastor, @jorilallo, @sherman4949, @nathanpmyoung, Fortune, @andyblewis, @danprimack, @benjysarlin, @claritytoast and @gavinsbaker
Washington Post:
Internal note: Twitter temporarily disabled signing up for Twitter Blue to “help address impersonation issues” affecting brands, politicians, and celebrities — Twitter accounts impersonating celebrities and politicians spread on the site after the company rolled out paid check marks.
Discussion:
@zoeschiffer, @lillypad, @joshuaphilll, Mother Jones, @chrisiousity, kate, lately, @rachelbitecofer, The Hill, The Verge, Vanity Fair, New York Times, CNET, @clintw, @wickdchiq, @michaeldweiss, CNBC, @ggreenwald, @jesus, @themaxburns, @parkermolloy, @hankgreen, @penamerica, @willoremus, @frances_coppola, @hardin, @mikerugnetta, @joshuaphilll, @kenklippenstein, @ggreenwald, @janecaseyauthor, @mikerugnetta, @zombiecleo, WHDH-TV, Slate, Al Jazeera, Financial Times, The Week, Bloomberg and The Wrap
RELATED:
Michael Luciano / Mediaite:
Twitter marked a Mediaite article critical of Elon Musk as “potentially spammy” with an “unsafe” URL on November 11, but removed the warning the next morning — Twitter deemed a Mediaite article that is critical of the company's new owner Elon Musk as “potentially spammy” …
Discussion:
@mattwalshblog, @verba_et_vertus, @beachwoodreport, @mediaite, Boing Boing, Yahoo Entertainment, @paulachertok, @taliaotg and @slack2thefuture
Elizabeth Lopatto / The Verge:
Twitter reactivates its gray “Official” badge for select brands and outlets, after a wave of impersonations, hoaxing, and other chaos by purchased blue checks — Okay, so Twitter broke its own verification system by making the blue check — previously a signal that the account …
Discussion:
Washington Post, CNET, @digiphile, @rosyna, @john_sipher, @zackkanter, Bloomberg, @twittersupport, Stretch Four Insights, @senmarkey, Insider, @jason_kint, @macaesbruno, @elonmusk, @freddyinspace, Reuters, @geoffreyfowler, @robertwrighter, @libyaliberty, @mds, @jackmlawrence, @esthercrawford, @mkbhd, The Hill, The Guardian, @davidmackau, @davidmackau, @david_j_roth, @agoldmund, @esthercrawford, @craigmod, CBS News, Vanity Fair, @elonmusk, Gizmodo, Ad Age, Politico, @iambrandontv, @digiphile, Bloomberg, @mathewi, @esthercrawford, @taylorlorenz, Livemint, Insider, Associated Press, TechCrunch, Forbes and Barrett Media
Theodore Schleifer / Puck:
Sam Bankman-Fried invested in several nonprofit and for-profit newsrooms over the past year including Semafor, The Intercept, ProPublica, and Vox — The Bankman-Fried industrial complex is imploding, with massive turmoil brewing for the donor who was seen as the Democratic Party's next great hope.
RELATED:
Max Tani / Semafor:
Sources: The Washington Post Managing Editor Steven Ginsberg is leaving the newspaper to run The Athletic; Ginsberg lost out on the job to Sally Buzbee in 2021 — I grew up reading the New York Post, and have watched it transform itself into a national Republican outlet.
Discussion:
@tomgara
Lucas Shaw / Bloomberg:
Affiliate fees and ads, which financed streaming efforts, are in secular decline as cable companies lose ~10% of customers yearly; TV ad sales fell 12% in 2020 — We're doing a special edition because of the media bloodbath on Wall Street this week. Investors are freaked out about the state …
Discussion:
AdExchanger, @tvgrimreaper, @lucas_shaw, @danamo, The Streamable and The A.V. Club
Bron Maher / Press Gazette:
An interview with BBC News Digital Director Naja Nielsen on media distrust in the US, where the outlet reaches 50M per week, and doubling North American staff — BBC News believes it can be “an antidote” to disinformation and polarisation in the US news landscape.
Discussion:
@pressgazette, @pressgazette, @pressgazette, @pressgazette, @pressgazette, @janebsinger, @bbcnewspr, @arianapekary, @pressgazette, @pressgazette and @pressgazette
Mia Sato / The Verge:
Memo: Omnicom, one of the world's biggest ad firms, recommends its clients like Apple, PepsiCo, and others “pause activity on Twitter”, citing brand safety risk — Omnicom, one of the world's biggest ad firms, representing brands like McDonald's, Apple, and Pepsico …
Discussion:
Wall Street Journal, @goldman, @miarsato, @carnage4life, @golikehellmachi, @ranimolla, @oliverdarcy, @chrisharihar, @loupas, @richburroughs, @mmasnick, @cryborg, @dbinkowski, @film_girl, @danlesac, @pkafka and AppleInsider
RELATED:
Garett Sloane / Ad Age:
NBCUniversal Ad and Partnerships Chair Linda Yaccarino says “there is no surrogate for Twitter” and Elon Musk can learn advertising: “I think we can teach him”
Discussion:
Big Weirdo, @shannonzkiller, @garyblack00, @garyblack00, @mcproulx, @garettsloane, @loupas, @garyblack00, @joshtpm, @nicholasvinocur, @sarahnadav, Deadline and Bloomberg
Malcolm Harris / New York Magazine:
A look at the rise of “influencer capital”, in which celebrities use their fame to promote and buy ownership stakes in otherwise mediocre products or services — How social media, celebrity promoters, and banks looking for a quick buck transformed the markets.
Discussion:
@bigmeaninternet, @bigmeaninternet, @simonowens, @simonowens, @bigmeaninternet, @nymag, @clublefttennis and @bigmeaninternet
Parker Herren / Ad Age:
A letter from The Media Rating Council to its clients: the audit committee voted to continue the September 2021 suspension of Nielsen's accreditation status — An MRC audit committee voted on the status of the measurement behemoth — The Media Rating Council has voted to continue …
Discussion:
@tvgrimreaper, Next TV and Variety
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