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5:00 PM ET, December 13, 2022

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RELATED:
Platformer:
Casey Newton says he plans to only use Twitter to tweet out new Platformer posts and won't break news on the site, joining other big voices leaving the service  —  PLUS: Why it's time to start leaving Twitter behind  —  On Sunday, Elon Musk tweeted a vague warning: “the bots are in for a surprise tomorrow.”
Urvi Dugar / Reuters:
Elon Musk says Twitter Blue subscribers will see half the number of ads as non-subscribers and that the company plans to offer a higher tier with no ads in 2023  —  Twitter owner Elon Musk tweeted on Monday that Twitter's Basic blue tick will have half the number of advertisements …
Laura Forman / Wall Street Journal:
Similarweb: Twitter ad manager visits fell nearly 74% YoY in October and 85% YoY in November, the largest drop since Musk's buyout, continuing into December
Sara Fischer / Axios:
Bari Weiss and Nellie Bowles launch The Free Press, hiring 10 full-time employees and more than 12 contractors, who plan to publish newsletters and podcasts  —  Bari Weiss, the New York Times columnist turned independent newsletter writer, has hired ten full-time employees and over a dozen contractors …
Jessica Toonkel / Wall Street Journal:
Jeff Zucker joins RedBird and IMI's new joint venture as CEO, where he will oversee $1B in investments in sports, media, and entertainment entities  —  New venture is partnership between International Media Investments and RedBird, part owner of Boston Red Sox and LeBron James's entertainment company
Lili Bayer / Politico:
An interview with Zoltán Varga, one of Hungary's last independent media moguls, on Viktor Orbán's tactics to silence the media, including via tax probes  —  Zoltán Varga, one of Hungary's last independent media moguls, tells POLITICO Viktor Orbán has taken his tactics to a ‘new level.’
Financial Times:
Elliott Management and others buy Nielsen's debt, propping up its $16B acquisition of the TV ratings provider and leaving it more exposed to Nielsen's fortunes  —  Investment by group comes weeks after it spent $1bn buying junk bonds tied to its takeover of Citrix
Blake Brittain / Reuters:
The US Supreme Court asks the Biden administration to weigh in on lyrics website Genius' attempt to revive a lawsuit over Google's alleged theft of its work  —  The U.S. Supreme Court on Monday asked the Biden administration to weigh in on song-lyric website Genius' attempt to revive a lawsuit over Google's alleged theft of its work.
Andrew Kersley / Press Gazette:
Analysis: UK media outlets paid 60 MPs a total of ~£350K in 2021, with GB News spending the most: £82K between October 2021 and September 2022  —  The highest earning MPs from the media were David Lammy, Esther McVey and Jess Phillips.  —  Sixty MPs made just under £350,000 …
Discussion: @pressgazette and @justinevansje
Torinmo Salau / Semafor:
A look at Opera News, which is pre-installed on Chinese-made smartphones in Nigeria, reaches around 3M people per day, and pays freelancers based on clicks  —  A popular Chinese-owned news app used by millions of Nigerians is being driven by algorithms that promote misinformation, according to a new study.
Discussion: @reedalbergotti
Tom Tapp / Deadline:
Byron Allen's ad-supported streaming service Local Now plans to include local PBS stations that reach audiences in 300+ markets and the PBS Kids 24/7 channel  —  EXCLUSIVE: Allen Media Group's free streaming service for local news and entertainment Local Now announced today a partnership …
 
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 More News: 
Dan Primack / Axios:
Sources: Post News is seeking to raise $50M at a $250M valuation and tells investors it has activated 100K+ accounts and users have bought thousands of articles
Discussion: @donlday
James Pomfret / Reuters:
Chung Pui-kuen, former editor of liberal outlet Hong Kong's Stand News, is released on bail after a year, under the condition he give no media interviews
 Earlier Picks: 
Freedom of the Press Foundation:
A coalition of ~40 press rights and civil liberties organizations urges Senate Majority Leader Chuck Schumer to get PRESS Act to a vote before Congress adjourns
@bookforum:
Bookforum announces plans to close after 28 years and that its current December/January/February issue will be the magazine's last