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 …
Discussion:
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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:
MediaPost, @aaronp613, The Verge, @karaswisher, @karaswisher, @karaswisher, The Wrap, Engadget, The Information, @karissabe, 9to5Mac, TechCrunch, @aishacounts, @chrispirillo, @aishacounts, @sheila_dang, The Messenger, Insider, @danhon@dan.mastohon.com, @carnage4life@mas.to, @chris@threads.net, Reuters and Media Matters for America, more at Techmeme »
Oliver Darcy / CNN:
Reliable Sources review: ads by Amazon, Samsung, Cox, Starz, Ad Age, and others appeared on white supremacist outlet VDare's X account; Starz ends X advertising — The Elon-Musk owned social media platform, X, confidently claims that it harnesses industry-leading brand safety tools to ensure …
Wall Street Journal:
How advertisers are responding to X's Community Notes, which is impacting political ads and the trust of major brands, including Apple, Samsung, and Uber
Discussion:
Newser, The Wrap and @db@bla.daanberg.net
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
Discussion:
Bloomberg, The Register, Washington Post, KTLA, Nieman Lab, The Verge, Crikey, @aidnmclaughlin, Associated Press, Ars Technica, @herid.bsky.social, KING-TV, Mediaite, @cburke.bsky.social, @notalawyer.bsky.social, @popbase, @tomwarren, The Hill, @mostlywrite, @mollyjongfast, @adamjohnsonchi, @adamjohnsonchi, @dylanljmartin, @charlescmann, @tomwarren, @cwarzel, @cwarzel, @cwarzel, @jamesrbuk, @nuicemedia@mstdn.id, @erinkwoo, @xdaily, @alexacorse, @frozencanuck@mas.to, @grammargirl@zirk.us, Insider, @jalefkowit@octodon.social, Boing Boing, Engadget, Reuters, @slcw@newsie.social, @dsilverman@mastodon.social and The Messenger, 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 Group's CEO is placed on leave after an ex-colleague says he sexually assaulted her in 2005; the group is a subsidiary of Hipgnosis Songs Fund — MacPherson was accused of sexually assaulting a colleague 15 years ago while he was the president of the music publishing company Chrysalis
Discussion:
Billboard, New Model Adviser, NME, CMU, Variety and Digital Music News
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 …
Discussion:
Awful Announcing, @tvgrimreaper, @bryancurtis, @sarahscire, @imbadatlife and @rbillsimmonspod
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:
The Wrap, The Information and New York Post
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 …
Financial Times:
Concert films by Taylor Swift and Beyoncé are providing a much-needed boost for cinemas facing a sparse winter film slate hollowed out by the Hollywood strikes — Movies of two blockbuster tours provide a much-needed boost in a difficult year of Hollywood strikes
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
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
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 …
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