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4:45 PM ET, October 6, 2023

Mediagazer

 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 …
RELATED:
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
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 …
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
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
RELATED:
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
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 …
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 …
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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 More News: 
Ted Johnson / Deadline:
A coalition of media outlets, including C-SPAN and the AP, seeks video and audio access to the courtroom for Donald Trump's election conspiracy trial in 2024
 Earlier Picks: 
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
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
Discussion: Media Voices