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12:20 AM ET, November 7, 2022


 Top News: 
Wall Street Journal:
Elon Musk says Twitter suffered “a massive drop in revenue” due to activist groups pressuring advertisers, despite doing “everything” to “appease the activists”  —  Chief of social-media company cites activist groups pressuring advertisers, as many staffers brace to lose jobs
Elon Musk / @elonmusk:
Brian Morrissey / The Rebooting:
Elon Musk's focus on Twitter Blue is part of a trend in which consumer tech platforms pivot away from advertising to recurring revenue through subscriptions  —  Tech's marriage of convenience to the ad industry hits the rocks  —  Request: Please fill out this survey as I think through what a Rebooting membership plan would look like.
Michael M. Grynbaum / New York Times:
A profile of Molly Jong-Fast, who became a liberal media star by amassing 1M Twitter followers and joined Vanity Fair as a special correspondent on November 3  —  She wasn't a political expert.  But her Trump-era angst found a following among Democrats — and even the White House is interested.
Paul Farhi / Washington Post:
NBC News retracts an erroneous story about the attack on Paul Pelosi that used an unnamed source's “unreliable” info, as the story did not meet its standards  —  People at the network said the ‘Today’ show report was based on ‘unreliable’ information from a source who was unnamed in the story.
Alexandra Borchardt / European Broadcasting Union:
An interview with Deutsche Welle EIC Manuela Kasper-Claridge on climate journalism as a way to attract talent, how newsrooms should cover the climate, and more  —  Interview with Manuela Kasper-Claridge, Editor-in-Chief, Deutsche Welle by Dr Alexandra Borchardt, Lead Author, EBU News Report 2023 …
Discussion: Carbon Paper
Austin Karp / Sports Business Journal:
Average NFL game viewership through Week 8 is down 5% compared to 2021 due to Amazon's Thursday Night Football games, which average 10.3M viewers, down 16% YoY  —  Viewership of “Thursday Night Football” on Amazon has become a slow drag on the NFL's overall numbers through Week 8 …
Discussion: Awful Announcing
Nilay Patel / The Verge:
Q&A with telecom reporter Karl Bode about Gigi Sohn's nomination to the FCC as Comcast and Fox Corp. team up to lobby swing votes in the Senate against her  —  How often do the parent companies of Fox News and MSNBC team up?  —  Today, we're just talking about a problem.
Rory Carroll / The Guardian:
Lyra, Alison Millar's documentary film about murdered Northern Irish journalist Lyra McKee, is out now in UK and Irish theaters and coming to Channel 4 in 2023  —  An intimate documentary on the writer, who was shot dead at a riot in Derry, is released this week - tracing her impact …
Jason Guerrasio / Insider:
The US DOJ charges two former MoviePass executives in a securities fraud case for allegedly trying to artificially inflate parent company HMNY's stock price  —  - Lowe and Farnsworth have been charged in a securities fraud case by the Department of Justice.
Billy Binion / Reason:
Police jailed journalist Priscilla Villarreal for two routine 2017 stories due to a Texas law; a US court isn't sure if her First Amendment rights were violated  —  It has been five years since police in Laredo, Texas, mocked and jeered at Priscilla Villarreal, a local journalist often critical of cops …
Alex Sherman / CNBC:
Sources: Shonda Rhimes is among several creators telling Netflix that midroll ads disrupt storytelling; Netflix doesn't plan to share ad revenue with creators  —  - Shonda Rhimes, the high-powered producer behind “Bridgerton,” is among creators who have told Netflix they feel midroll advertising disrupts …
Jay Peters / The Verge:
Hands-on with Netflix's Basic with Ads: most shows have pre-roll ads, the number of mid-roll ads is unpredictable, and many popular shows require a higher tier
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 More News: 
Dylan Byers / Puck:
Sources: WBD CEO David Zaslav told Chris Licht in October to cut $100M, or ~10% of CNN's budget; proposals for jobs, shows, and other cuts are now under review
Dawn Chmielewski / Reuters:
Fox wins a 10-year option to buy an 18.6% stake in sports betting company FanDuel for $3.72B at a $20B valuation, settling a dispute with majority owner Flutter
New York Times:
How a Los Angeles police captain helped suppress details of a 2017 police report with sexual assault claims from the 1980s against former CBS CEO Leslie Moonves
Sources: Apple is building a live TV ad network and talking to ad partners as part of its deal to stream Major League Soccer games starting in February 2023
 Earlier Picks: 
Richard J. Tofel / Second Rough Draft:
Institutional investors like the Knight Foundation should give grants directly to news nonprofits rather than going through intermediaries like the INN and LION
Brian Steinberg / Variety:
Sources: MSNBC decided not to renew its contract with Tiffany Cross, the weekend host of Cross Connection, after executives grew concerned about her commentary
Alexandra Bruell / Wall Street Journal:
Over 200 employees from 14 Gannett newsrooms are staging a one-day strike to push for better wages and benefits while protesting layoffs and other cost-cutting