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Some journalists say they are deleting their Twitter DMs, as many scoff at the idea of an $8 verification fee and make plans to use rival social media platforms — Journalists are deleting DMs, scoffing at Musk's $8 verification fee, and even considering bolting from the platform.
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Bloomberg, Detroit News, Al Jazeera, @astrokatie, Washington Post, Yahoo Finance, Second Guess, @clairehoworth, @knightlat, @helentobin, @pkafka, @scottnover, The Hill, @mlcalderone, @tvgrimreaper, @joepompeo, The Atlantic, OpenSecrets.org, American Prospect, Waivly, @niubi, Forbes, Tubefilter and Columbia Journalism Review
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Sources: Twitter plans to shut down newsletter platform Revue, acquired in January 2021, by the end of 2022, and has paused its four-month-old Notes product — A new Vine camera is in. Notes and Revue are out — With massive layoffs expected to hit Twitter tomorrow …


General Mills and Audi paused Twitter ads, and sources say Pfizer and Mondelez did too; Elon Musk talked with WPP and its clients like Unilever and Google — Advertisers are concerned about a flurry of executive departures at Twitter and new owner Elon Musk's plans for content moderation
Discussion:
@jimvandehei, Financial Times, Axios, Digiday, New York Times, The Guardian, Ad Age, Washington Post, New York Post, @werty, @jason_kint, @fpwellman, @benmullin, @gregbensinger, @digiday and Fortune, more at Techmeme »


Since WarnerMedia's Discovery merger on April 8, the stock is down ~48%, debt is higher than at other media companies, and sources say 1,000+ have been let go — Merger created streaming-media giant, but leveraging company's assets has been tough in a competitive market
Discussion:
SlashFilm, The Hollywood Reporter, The A.V. Club, TVLine, @jbflint, @mattgertz, @rwhelanwsj, @digitalshields, @keachhagey, @jbflint, @jbflint and @jtoonkel
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Warner Bros. Discovery misses with Q3 revenue of $9.82B, vs. $10.36B est., adds 2.8M streaming customers to reach 94.9M total, and TV networks revenue fell 8% — - Warner Bros. Discovery reported third-quarter earnings after the bell on Thursday, missing analysts' estimates on revenue.
Discussion:
Financial Times, The Streamable, @ballmatthew, Wall Street Journal, @masasoncap, Deadline, The Hollywood Reporter, @jbflint, TechCrunch, @jbflint and @pkafka

[Thread] Insider's union demands that management bargain over changes in writers' metric goals and the elimination of roles, after the paywall strategy shifts — Yesterday, our @insiderunion colleagues marched on global editor-in-chief @nichcarlson to demand he and other members of @thisisinsider management bargain with us about massive proposed changes to the newsroom. How did we get here? 🧵A thread... https://twitter.com/...
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Semafor, @thenickguy, @insiderunion, @insiderunion, @insiderunion, @maddierenbarger, @palafo, @insiderunion, @insiderunion, @om, @insiderunion, @crossingjessica, @stokessamanthaj, @insiderunion, @aprjoy, @dubsrewatcher, @insiderunion, @ben__tobin, @rafat, @jeffjarvis and @tatejamesdotcom


CNBC cancels primetime general news show The News with Shepard Smith to refocus on business and market coverage; source: Smith plans to leave later in November — - CNBC has canceled “The News with Shepard Smith” after two years. — Smith is leaving the network after his show concludes later this month.
Discussion:
Variety, Semafor, The Hollywood Reporter, @aidnmclaughlin, @sherman4949, New York Post, @keitholbermann, @justinbaragona, Deadline, The Wrap, @bobbybigwheel, Talking Biz News, @newspolitics, @ajkatztv, Newser, @joeconchatv, TVLine, Forbes, @maxwelltani, Mediaite, @ccadelago, The Hill, Next TV, The Post Millennial, The Daily Wire, The Daily Beast and Barrett Media


Advance Publications, which owns 24 newspapers and Condé Nast, plans to stop printing Alabama's three largest newspapers and make them digital-only in February — Advance Publications to make Birmingham News, Huntsville Times and Press-Register digital-only


Lionsgate reports Q2 revenue of $875.2M and a loss of $1.75B, mainly due to write-downs; Lionsgate+ will exit seven markets including France, Germany, and Japan — Lionsgate swung to a loss of $1.8 billion in its most recent fiscal quarter, which it attributed to restructuring charges around Starz and its international operations.
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The Wrap, Lionsgate, Next TV, IndieWire, Media Play News, Deadline and The Hollywood Reporter


Gannett reports a Q3 loss of $54M, matching its Q2 loss, revenue down 10% YoY, and paid digital subscriptions up 28.5% YoY to 1.98M, passing 2M after Q3's end — Despite a third-quarter loss of $54 million, the company points to gains in digital subscriptions and success with cost-saving measures.
Discussion:
USA Today, Gannett, @jeffplatsky, @rickedmonds and Press Gazette


AMC Networks adds 11 new free ad-supported channels to the Roku Channel in a multiyear deal expansion; AMC+, Shudder, and Acorn TV remain Premium Subscriptions — AMC Networks is bringing 11 new free, ad-supported TV (FAST) channels to the Roku Channel — including a selection of episodes …
Discussion:
The Streamable, Next TV and Media Play News


Source: amid free speech criticism, the UK plans to remove the Online Safety Bill's “legal but harmful” content rules, except for material targeted at children — EXCLUSIVEThe Bill is due to be brought back to Parliament later this month after it was delayed over the summer
Discussion:
@hugogye, @fox_claire, @toadmeister, @cyberleagle, @matthewlesh, @iptegrity, @webdevlaw, @janemerrick23, The Sun and Guido Fawkes, more at Techmeme »