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5:40 PM ET, December 3, 2022

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 Top News: 
Todd Spangler / Variety:
Matt Taibbi posts internal Twitter documents showing the company's 2020 debate over the handling of content related to NY Post's Hunter Biden laptop story  —  The new disclosures, touted as “The Twitter Files,” were posted in a lengthy Twitter thread by investigative reporter and author Matt Taibbi (and retweeted by Musk).
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Jacob Kastrenakes / The Verge:
Elon Musk thinks the “Twitter Files” show that Twitter staff nefariously helped Joe Biden, but all they show is a team debating a difficult moderation decision  —  Free-speech crusader Elon Musk isn't happy with Twitter's years-old decision to suppress a news story …
Brian Stelter / The Atlantic:
A eulogy for HLN, launched by Ted Turner on New Year's Day 1982 and now effectively closing, made mostly obsolete at a time when anyone can broadcast headlines  —  Media Winter is here once more, and it is getting ugly.  It seems as though every news giant is shrinking toward 2023 through end …
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Brian Steinberg / Variety:
Sources: CNN will no longer produce live programs for HLN and will simulcast CNN This Morning; layoffs include CNN correspondent Chris Cillizza
Clare Malone / New Yorker:
A look at Puck, its founder Jon Kelly, and his vision for an outlet for and about “moguls”; source: Puck hopes to raise a $15-20M Series B in early 2023  —  The media startup Puck is aiming to build a business by covering power and wealth from the inside.
New York Times:
Sources: Twitter's US ad revenue was 80% below internal expectations for the week of the World Cup's Nov. 20 start, as Twitter keeps missing weekly ad targets  —  Under Elon Musk, the company has cut its financial expectations as some advertisers request discounts and are offered incentives.
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Patience Haggin / Wall Street Journal:
Sources: Twitter offers advertisers generous incentives, including matching $500K to $1M in spending in 2022, in a bid to jump-start its faltering business
Sarah Kinosian / Reuters:
Sources: El Salvador's president built a propaganda machine with government-linked traditional media plus social media trolls, while attacking independent press  —  President Nayib Bukele has built a communications juggernaut in El Salvador.  Its engine: paid internet trolls whose online attacks …
Sarah Ellison / Washington Post:
The Washington Post has laid off Sarah Kaufman, one of the last full-time dance critics in the US; as of 2015, there were two full-time critics remaining  —  The Washington Post has laid off Pulitzer Prize winner Sarah L. Kaufman, one of the last full-time dance critics in the country …
Angela Fu / Poynter:
Gannett's layoffs, affecting ~200 people in its news division, include reporters at the flagship USA Today and producers on regional digital optimization teams  —  Among those affected were reporters at flagship paper USA Today and producers working on Gannett's digital optimization teams.
Shawn McCreesh / New York Magazine:
The NYT union has sent a letter to the paper's CEO and publisher threatening a daylong walkout on December 8 if they don't come to terms on a new labor contract  —  This morning at 8 a.m., New York Times publisher A.G. Sulzberger and CEO Meredith Kopit Levien received a letter from Bill Baker …
Herb Scribner / Axios:
Kristin Robinson / Billboard:
Triller removes music catalogs for UMG, WMG, Sony Music, and Merlin after Sony filed a lawsuit claiming Triller failed to make payments worth “millions”  —  Following Sony's lawsuit, one label source says “millions” in unpaid royalties are the issue.  Triller denies this, saying the app is “reassessing” label deals.
 
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 More News: 
Christopher Grimes / Financial Times:
Sources: Florida lawmakers are working on a compromise that would essentially let Disney keep its special tax district, after they voted to dissolve it in April
Ernesto Van der Sar / TorrentFreak:
Following a Delhi High Court order, Telegram hands over phone numbers, emails, IP addresses, and more details of users who allegedly shared copyrighted material
Chris Roush / Talking Biz News:
In a memo, Bloomberg Media CEO M. Scott Havens says Bloomberg.com has more than 450K subscribers and year-to-date revenue is up 20% YoY, with ad revenue up 25%
 Earlier Picks: 
Jon Blistein / Rolling Stone:
CNN faces a $17M lawsuit from Freeplay Music accusing it of using hundreds of songs in international broadcasts without acquiring licenses or paying proper fees
Wall Street Journal:
A look at Disney's restructuring efforts under former CEO Bob Chapek; sources: McKinsey consultants explored centralizing marketing, annoying top content execs
Darrell Etherington / TechCrunch:
Parler's owner says it “has mutually agreed with Ye to terminate the intent of sale of Parler”, after announcing the deal in October