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4:00 PM ET, December 13, 2022

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Washington Post:
RELATED:
Platformer:
Casey Newton says he plans to only use Twitter to tweet out new Platformer posts and won't break news on the site, joining other big voices leaving the service  —  PLUS: Why it's time to start leaving Twitter behind  —  On Sunday, Elon Musk tweeted a vague warning: “the bots are in for a surprise tomorrow.”
Urvi Dugar / Reuters:
Elon Musk says Twitter Blue subscribers will see half the number of ads as non-subscribers and that the company plans to offer a higher tier with no ads in 2023  —  Twitter owner Elon Musk tweeted on Monday that Twitter's Basic blue tick will have half the number of advertisements …
Laura Forman / Wall Street Journal:
Similarweb: Twitter ad manager visits fell nearly 74% YoY in October and 85% YoY in November, the largest drop since Musk's buyout, continuing into December
Sara Fischer / Axios:
Bari Weiss and Nellie Bowles launch The Free Press, hiring 10 full-time employees and more than 12 contractors, who plan to publish newsletters and podcasts  —  Bari Weiss, the New York Times columnist turned independent newsletter writer, has hired ten full-time employees and over a dozen contractors …
Jessica Toonkel / Wall Street Journal:
Jeff Zucker joins RedBird and IMI's new joint venture as CEO, where he will oversee $1B in investments in sports, media, and entertainment entities  —  New venture is partnership between International Media Investments and RedBird, part owner of Boston Red Sox and LeBron James's entertainment company
Lili Bayer / Politico:
An interview with Zoltán Varga, one of Hungary's last independent media moguls, on Viktor Orbán's tactics to silence the media, including via tax probes  —  Zoltán Varga, one of Hungary's last independent media moguls, tells POLITICO Viktor Orbán has taken his tactics to a ‘new level.’
Financial Times:
Elliott Management and others buy Nielsen's debt, propping up its $16B acquisition of the TV ratings provider and leaving it more exposed to Nielsen's fortunes  —  Investment by group comes weeks after it spent $1bn buying junk bonds tied to its takeover of Citrix
Torinmo Salau / Semafor:
A look at Opera News, which is pre-installed on Chinese-made smartphones in Nigeria, reaches around 3M people per day, and pays freelancers based on clicks  —  A popular Chinese-owned news app used by millions of Nigerians is being driven by algorithms that promote misinformation, according to a new study.
Andrew Kersley / Press Gazette:
Analysis: UK media outlets paid 60 MPs ~£350K for in 2021, with GB News spending the most: £82K between October 2021 and September 2022  —  The highest earning MPs from the media were David Lammy, Esther McVey and Jess Phillips.  —  Sixty MPs made just under £350,000 …
Discussion: @pressgazette and @justinevansje
James Pomfret / Reuters:
Chung Pui-kuen, former editor of liberal outlet Hong Kong's Stand News, is released on bail after a year, under the condition he give no media interviews  —  The former editor of a major Hong Kong media outlet, who stands accused of publishing seditious materials in a landmark press freedom case …
 
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 More News: 
Dan Primack / Axios:
Sources: Post News is seeking to raise $50M at a $250M valuation and tells investors it has activated 100K+ accounts and users have bought thousands of articles
Discussion: @donlday
Freedom of the Press Foundation:
A coalition of ~40 press rights and civil liberties organizations urges Senate Majority Leader Chuck Schumer to get PRESS Act to a vote before Congress adjourns
 Earlier Picks: 
@bookforum:
Bookforum announces plans to close after 28 years and that its current December/January/February issue will be the magazine's last
Bron Maher / Press Gazette:
Analysis: the US and the UK have seen 1,391 editorial layoffs in 2022 so far, including 50% since October and 25%+ in the past month, compared to 527 hires
Wall Street Journal:
News Corp names Sunday Times Editor Emma Tucker as EIC of The Wall Street Journal and Dow Jones, starting on February 1 as the first woman to lead the WSJ