Top News:
Lian Buan / Rappler:
A Philippine tax court acquits Maria Ressa and Rappler of four tax evasion charges filed in 2018, leaving three active court cases against Ressa and Rappler — This is breaking news. Please refresh for more details. — MANILA, Philippines - The Philippines' Court of Tax Appeals (CTA) …
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Erin Woo / The Information:
Source: Twitter manager Siddharth Rao told employees that daily revenue was 40% lower than a year earlier and more than 500 top advertisers have paused spending — A senior Twitter manager told employees that the company's daily revenue on Tuesday was 40% lower than the same day a year ago …
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The Guardian, Financial Times, The Wrap, @bgrueskin, @adrianweckler, @jessicalessin, @anthony, @carnage4life, @lloydmathias, @amir, @erinkwoo and Reuters, more at Techmeme »
New York Times:
Semafor plans to buy out Sam Bankman-Fried's roughly $10M stake, putting the money in a separate account; the investment was Semafor's largest in a ~$25M round — Semafor is one of several media companies that received money from Mr. Bankman-Fried or his affiliates before his cryptocurrency …
Discussion:
Financial Times, @historyned, @eduardosuarez, @pressgazette, @dicktofel and @benmullin
Rachel Russell / BBC:
The BBC apologizes after noises from a porn clip were audible during pre-match soccer commentary; a mobile phone playing the noises was found taped to the set — Match of the Day presenter Gary Lineker has laughed off the moment sex noises transmitted by a YouTube prankster disrupted the show's live coverage.
Discussion:
@garylineker, Bloomberg, The Wrap, The Sun, @_grimanditweets, @o2, Daily Mail, Daily Mail, Sky News, The Verge, NME, Newser, @caitlinlfcx, mirror, The Indian Express, @chris_stark, The Guardian, Mediaite, Deadline, TMZ.com and Awful Announcing
Harvey Solomon-Brady / whynow:
London-based media company whynow plans to re-launch CNN's YouTube channel Great Big Story in early 2023, licensing the brand from CNN International Commercial — whynow is delighted to announce the relaunch of the hugely popular video storytelling brand Great Big Story.
Thanks:@matthewkeyslive
The Hollywood Reporter:
A look at Disney's board power struggle and how investor Nelson Peltz lobbied for a seat since July 2022 with help from former Marvel executive Ike Perlmutter — As activist shareholder Nelson Peltz presses a long-shot fight for a seat on Disney's corporate board, with help …
Discussion:
Axios, @kimmasters, @alexweprin, CNBC, Quartz, @farhip, @loudmouthjulia, @farhip, @kimmasters, @alexweprin, The Daily Beast, Los Angeles Times, Bloomberg, New York Times, MediaPost, Variety, Axios and Deadline
Manish Singh / TechCrunch:
India proposes making social media companies rely on the Press Bureau of India and its other agencies for fact checks, as part of amendments to its IT rules — The Indian government has proposed making the Press Bureau of India and its other agencies the arbiter of truth on what information …
Discussion:
MediaNama
Aisha Majid / Press Gazette:
Edelman 2022 survey: 37% of people in the UK said they trusted the media, up from 35% in 2021, compared to 43% in the US, up from 39% YoY — Data shows trust in the media increased in the US and the UK but there is little faith in the industry. — The UK and the US were just two of six countries …
Discussion:
@briancathcart, @michellemanafy, @gem_ste, @drevanharris, @mattnavarra and Insider
Bob Harig / Sports Illustrated:
Sources: Saudi Arabia-backed LIV Golf tour plans to sign a multiyear TV deal with The CW Network; a source says it is a revenue sharing deal with no rights fee — The TV agreement would fill a major objective for LIV Golf, as CW is in 220 U.S. markets, many of which have a local news operation, website and nightly newscast.
Arjun Neil Alim / Financial Times:
Condé Nast plans to leave Vogue House, its historic, seven-story office in London's Mayfair, in 2024, as part of an effort to streamline editorial operations — Magazine group has been based at Hanover Square for more than six decades — Condé Nast, the publisher of Vogue …
Discussion:
The Independent, @arjunneilalim, @oliviasolon and @edcumming
Bron Maher / Press Gazette:
The New York Times appoints Adrienne Carter as its Europe editor, succeeding Jim Yardley, in the role since 2016; Carter has been the Asia editor since 2019 — Carter takes over from Jim Yardley, who assumes a new role at the paper in New York. — The New York Times has announced …
Discussion:
The New York Times Company and Talking Biz News
Stephen Harrison / Slate:
A look at Wikipedia editors debating the use of ChatGPT, which some see as a useful drafting tool while others worry about bad actors creating fictional content — Five years ago, I traveled to Stockholm to cover the annual convention for Wikipedia and related free knowledge projects.
Discussion:
@joshkraushaar, @jessicamalnik, @slate, @harrisonstephen, @harrisonstephen, @hashim_warren and The Indian Express
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