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11:00 PM ET, October 5, 2023

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RELATED:
Sheila Dang / Reuters:
Analytics firm Guideline: X's monthly US ad revenue has declined 55%+ YoY in each of the 10 months after Elon Musk's October 2022 takeover through August 2023  —  Monthly U.S. ad revenue at social media platform X has declined at least 55% year-over-year each month since billionaire Elon Musk bought …
Aisha Counts / Bloomberg:
Source: Linda Yaccarino told the banks that helped fund Elon Musk's X takeover that X is testing three tiers of premium service that vary how many ads are shown  —  - CEO Linda Yaccarino discusses plan in briefing to lenders  — X advertisers have been returning, but with smaller budgets
Natalie Korach / The Wrap:
X starts removing preview headlines from posts with article links, showing only the lead image and domain name; Elon Musk mentioned the change in August 2023
Katie Robertson / New York Times:
EIC Emma Tucker makes speedy Wall Street Journal changes: 15+ veteran editors and writers have left in recent months, and she ousted the chief enterprise editor  —  Emma Tucker, the top editor, is moving away from some of the organization's traditions.  —  Last month, Emma Tucker …
Angela Fu / Poynter:
Facing a projected $391K year-end loss, the Society of Professional Journalists is working with the SPJ Foundation on a “reinvestment plan” to support the group  —  SPJ leaders say risks to the organization are overblown as the foundation has millions of dollars in reserves.
Discussion: @davidclinchnews and @poynter
Sahil Patel / The Information:
Source: Meta is paying several creators millions of dollars over multiple years for nonexclusive use of their likeness in its AI chatbots  —  Meta Platforms' decision to create artificial intelligence characters based on the likeness of some of the most famous people on the planet is paying off handsomely—for the stars themselves.
Andrew Bucholtz / Awful Announcing:
CNN's Jake Tapper and former Washington Post editor Marty Baron discuss Felicia Sonmez's Kobe Bryant tweet and the ongoing issues of journalists on social media  —  Jake Tapper talks to Marty Baron on Felicia Sonmez.  (CNN.) … One of the biggest challenges for media organizations …
Dominic Ponsford / Press Gazette:
How Reach uses WhatsApp Communities, where the outlet has a ~90% open rate across 80 groups, and Channels, which allow more people but notifications are opt-in  —  As Whatsapp rolls out a new service for publishers called Channels, Press Gazette found out how Reach is already driving millions …
Todd Spangler / Variety:
Letterboxd's co-founders “have been prototyping” adding TV shows; their priority is to do so “without disrupting the experience” of users already rating movies  —  Matt Buchanan and Karl von Randow, the two movie mega-fans who started Letterboxd as a part-time labor of love …
Discussion: @variety
 
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 More News: 
The Hindu:
The actions on NewsClick by India's government, which has shown itself to be intolerant of critical journalism, smack of extreme vendetta and brazen harassment
Todd Spangler / Variety:
Comcast-Charter joint venture Xumo launches its first streaming set-top box for new Spectrum video customers, coming to Comcast's Xfinity Internet users “soon”
Freedom of the Press Foundation:
Over 50 media and civil rights groups write to US AG Merrick Garland, demanding transparency over the FBI raiding Tim Burke's house and seizing his equipment
 Earlier Picks: 
Georg Szalai / The Hollywood Reporter:
Wall Street and music industry analysts see Spotify's move into audiobooks as an opportunity for the company to increase its profit margins and value for users
Ashley Carman / Bloomberg:
Memo: Amazon is shutting down Amp, its live audio streaming app launched in March 2022 that let users act like DJs by playing music and talking alongside songs
Hamilton Nolan / How Things Work:
Cable news networks continue to hire politicians' relatives and former White House flacks as news anchors, breaking the most basic rules of ethical journalism
Sarah Scire / Nieman Lab:
The Messenger hires AI company Seekr to flag clickbait, bias, and more; reporters can get a score reflecting their political lean that is visible to readers