Top News:
Matt Binder / Mashable:
X appears to be rolling out a new mobile ad format that can't be reported or blocked, lacks an ad label and user profile, and doesn't disclose the advertiser — The new ads also don't disclose who the advertiser is or that they are even ads. — X, the Elon Musk-owned platform formerly known as Twitter …
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Aisha Counts / Bloomberg:
Source: Linda Yaccarino told the banks that funded Elon Musk's Twitter takeover that X is testing three premium service tiers 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
Discussion:
@aaronp613, The Verge, MediaPost, The Information, Media Matters for America, The Register, 9to5Mac, TechCrunch, @oneunderscore__, @karaswisher, The Wrap, Engadget, @karaswisher, @karaswisher, The Messenger, @chrispirillo, @karissabe, @aishacounts, @aishacounts, @sheila_dang, Boing Boing, Insider, @danhon@dan.mastohon.com, @carnage4life@mas.to, @chris@threads.net, Reuters and Wall Street Journal, more at Techmeme »
Financial Times:
Sources: major Hipgnosis Songs Fund shareholders aim to block a $440M music rights sale to a private Blackstone fund, a source says because the price is too low — Some investors believe the sale of music rights to a private sister fund owned by Blackstone undervalues the assets
Discussion:
Rolling Stone and Reuters
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Ethan Millman / Rolling Stone:
Hipgnosis Songs Fund subsidiary Hipgnosis Songs Group places CEO Kenny MacPherson on leave after a former colleague alleges he sexually assaulted her in 2005 — MacPherson was accused of sexually assaulting a colleague 15 years ago while he was the president of the music publishing company Chrysalis
Discussion:
Billboard, CMU, NME, New Model Adviser, Variety and Digital Music News
Katelyn Newberg / Las Vegas Review-Journal:
The Nevada Supreme Court protects murdered reporter Jeff German's devices from police searches, calling for a third party to search his journalistic materials — The Nevada Supreme Court has moved to protect slain Las Vegas Review-Journal investigative reporter Jeff German's personal devices …
Discussion:
The Desk, Voice of America, @freedomofpress, @freedomofpress, @pressfreedom, @freedomofpress, @arthurmkane, @danielrothberg and Poynter
Paul Farhi / Washington Post:
Donald Trump's increasingly aggressive words, like advocating for extrajudicial killings, get little attention, as the media still doesn't know how to cover him — After eight years of Trump in politics, is a ‘banality of crazy’ setting in? — Last week, the Republican Party's leading …
Discussion:
Press Watch, @johnrobinson, Democrats, @superwuster, @superwuster, @hugh_ryan, @superwuster, @superwuster, @svdate, @katemanning10, @andrewbatesnc, @wdlindsy@toad.social, @tvietor08, @gregjaffe, @kimmasters, @spytalker, @ijbailey, @EricKHoward@mastodon.social, Associated Press and New Yorker
Sarah Scire / Nieman Lab:
The Athletic canceled many local podcasts a few weeks ago or has left them dormant for months, telling its writers they can relaunch and monetize them elsewhere — The sports news site built its model around comprehensive beat reporting. But in recent months, The Athletic has pulled …
Lucas Shaw / Bloomberg:
Sources: Candle Media expects 2023 profit of $140M-$170M, vs. $330M est., as acquisitions fall short: less than $10M from Hello Sunshine and ~$150M from Moonbug — - Former Disney executives spent freely at top of the market — Hollywood strikes, industry cutbacks have crimped profits
Discussion:
Tubefilter, New York Post, The Wrap and The Information
Edison Research:
Survey of 2,637 US Hispanic/Latino adults: a record 38% are monthly podcast listeners in 2023, up from 25% in 2020, rising nearly 4X faster than all US adults — Latino Podcast Listeners Engage with Ads as Listening Grows … Monthly podcast listenership among Latinos increased by 52% since 2020 …
Discussion:
RADIO ONLINE, RAIN News and Radio & Television …
Tori Yorgey / WTAE:
Pittsburgh newspaper employees rally to mark the one-year anniversary of their ongoing strike against Block Communications' Pittsburgh Post-Gazette — Rally to be held Friday afternoon — Friday marked one year since workers at the Pittsburgh Post-Gazette walked out of their workplace and onto the picket line.
Discussion:
Pittsburgh Union Progress, Pittsburgh Union Progress, @pghguild, @mattjnemeth, @alleghenylabor and @newsguild
Kayla Cobb / The Wrap:
The US Bureau of Labor Statistics: the motion picture and sound recording industries lost 45,000 jobs since May 2023, including 7,000 jobs just in September — The film and TV sector lost 7,000 jobs in September alone — A September report from the U.S. Bureau of Labor Statistics has found …
Discussion:
Insider, Cord Cutters News and The Hollywood Reporter
Australian Financial Review:
Sources: News Corp quietly sold its Australian gambling startup Betr shares in February 2023, after investing $70M+ in 2022, but will continue carrying Betr ads — News Corp quietly sold its shares in Betr, the wagering start-up run by wealthy bookmaker Matthew Tripp, just four months …
Discussion:
The Guardian
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