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:
The Wrap, @foufoutos@kafeneio.social, 9to5Mac, Insider Intelligence, @paul@tapbots.social, @rhawkets, @Tibor@mastodon.social, @SirTapTap@mastodon.social, @flipnotemachine, @lynxnoirs, @MattBinder@mastodon.social, @wolverinethad.bsky.social, New York Magazine, @forevernever.xyz, @mattbinder.bsky.social, @xxiainxx.bsky.social, @saudades.bsky.social, @garbu.bsky.social, The Hill, The Messenger, Breakfast At Ralf's, New York Post, NME, TechCrunch, The Information and CNN, more at Techmeme »
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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
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
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 …