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6:15 PM ET, December 13, 2022

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 Top News: 
Platformer:
Casey Newton plans to only use Twitter to share new Platformer posts and won't break news with tweets anymore, as other big voices leave 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.”
RELATED:
Washington Post:
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
Dan Primack / Axios:
Sources: Post News is seeking to raise $50M at a $250M valuation, telling investors the site has activated 100K+ accounts and users bought thousands of articles  —  Exit Content Preview  —  Post News, an upstart Twitter alternative led by former Waze CEO Noam Bardin, is seeking …
Discussion: @donlday
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
Nilay Patel / The Verge:
Q&A with Automattic CEO Matt Mullenweg on acquiring Tumblr, closing the deal, profitability, content moderation, Apple's rules, lessons for Elon Musk, and more  —  What can Elon learn from Tumblr?  —  We have to talk about Twitter, right?  Elon Musk bought it.
Blake Brittain / Reuters:
The US Supreme Court asks the Biden administration to weigh in on lyrics website Genius' attempt to revive a lawsuit over Google's alleged theft of its work  —  The U.S. Supreme Court on Monday asked the Biden administration to weigh in on song-lyric website Genius' attempt to revive a lawsuit over Google's alleged theft of its work.
Andrew Kersley / Press Gazette:
Analysis: UK media outlets paid 60 MPs a total of ~£350K 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
 
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 More News: 
James Pomfret / Reuters:
Hong Kong releases former Stand News EIC Chung Pui-kuen on bail after a year, in return for not giving any media interviews and forfeiting his travel documents
 Earlier Picks: 
Freedom of the Press Foundation:
A coalition of nearly 40 press rights and civil liberties organizations urges Senate Majority Leader Chuck Schumer to get a vote on the PRESS Act before 2023
@bookforum:
Bookforum announces plans to close after 28 years and that its current December/January/February issue will be the magazine's last
 

 
From Techmeme:

Mark Gurman / Bloomberg:
Sources: the new iPad Pro may launch with an M4 chip, kicking off Apple's AI strategy that will be expanded at WWDC; the new Pencil will have haptic feedback

Amanda Silberling / TechCrunch:
Some founders say TikTok ban won't impact creator economy startups much, as they have diversified across multiple platforms after Trump tried banning it in 2020

William Brown / Firstyear's blog-a-log:
Google and Apple use passkeys to capture users by locking credentials into their platforms and have made the UX of passkeys worse than that of password managers

 
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