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12:55 PM ET, October 5, 2023

Mediagazer

 Top News: 
Sheila Dang / Reuters:
Analytics firm Guideline: X's monthly US ad revenue has declined 55%+ YoY in each of the 10 months after Elon Musk's October 2022 takeover through August 2023  —  Monthly U.S. ad revenue at social media platform X has declined at least 55% year-over-year each month since billionaire Elon Musk bought …
RELATED:
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  —  The platform formerly known as Twitter now only displays outside sites' featured images on its iPhone app
Bloomberg:
Sources: AT&T is exploring options for its 70% DirecTV stake, such as adding a new investor or selling the stake and exiting the venture as early as August 2024  —  - Telecoms giant majority owns DirecTV with private equity TPG  — Declining pay-TV customer base has cut into AT&T's cash flow
Wall Street Journal:
A look at how advertisers are responding to X's Community Notes and the impact of Notes on political ads and on brand trust  —  Major brands including Apple and Samsung have had critical notes attached to ads.  Political advertisers have raised concerns about the tool heading into campaign season.
Discussion: @db@bla.daanberg.net
Amanda Pampuro / Courthouse News Service:
Andrew Travers, ex-EIC of The Aspen Times, sues Ogden for firing him after he published two columns that execs shelved about an oligarch who had sued the paper  —  The Aspen Times promoted journalist Andrew Travers to editor-in-chief last June — then fired him after he published previously spiked columns …
Todd Spangler / Variety:
Comcast-Charter joint venture Xumo launches its first streaming set-top box for new Spectrum video customers, coming to Comcast's Xfinity Internet users “soon”  —  Can Xumo help cable companies grab a new foothold in the streaming space?  —  Xumo — the joint venture of Comcast …
The Hindu:
The actions on NewsClick by India's government, which has shown itself to be intolerant of critical journalism, smack of extreme vendetta and brazen harassment  —  The arrests and actions in the Newsclick case are aimed at a chilling effect  —  Even for a government that has shown itself …
Deadline:
SAG-AFTRA and the AMPTP met on October 4 for contract negotiations to end the strike, with studio CEOs attending, and plan to meet on October 6 and on October 9  —  SAG-AFTRA and the Alliance of Motion Picture and Television Producers on just wrapped their second day of renewed talks …
Freedom of the Press Foundation:
Over 50 media and civil rights groups write to US AG Merrick Garland, demanding transparency over the FBI raiding Tim Burke's house and seizing his equipment  —  FOR IMMEDIATE RELEASE:  —  An FBI raid on the home newsroom of Florida journalist Tim Burke in May prompted over 50 organizations …
Ashley Carman / Bloomberg:
Memo: Amazon is shutting down Amp, its live audio streaming app launched in March 2022 that let users act like DJs by playing music and talking alongside songs  —  The service launched in March 2022 following a frenzy around live-audio services during the pandemic.
 
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 More News: 
Peter Kafka / Vox:
Netflix and Max both offering Dune illustrates a strategic shift at Big Media companies, which Wall Street has pushed to cut spending and generate more revenue
Discussion: Decider
Georg Szalai / The Hollywood Reporter:
Wall Street and music industry analysts see Spotify's move into audiobooks as an opportunity for the company to increase its profit margins and value for users
Hamilton Nolan / How Things Work:
Cable news networks continue to hire politicians' relatives and former White House flacks as news anchors, breaking the most basic rules of ethical journalism
Sarah Scire / Nieman Lab:
The Messenger hires AI company Seekr to flag clickbait, bias, and more; reporters can get a score reflecting their political lean that is visible to readers
 Earlier Picks: 
Anna Nemtsova / The Daily Beast:
The family of award-winning Ukrainian journalist Victoria Roshchyna says she has been missing since August 3, when she returned to Russian-occupied territory
Ian Youngs / BBC:
GB News fires hosts Laurence Fox and Calvin Robinson after concluding its internal investigations, and says its “investigation into Dan Wootton continues”
Mia Sato / The Verge:
Patreon rolls out new features for creators and fans, like a new visual brand identity, a revamped mobile app, an updated home feed, and free membership tiers
Sarah Perez / TechCrunch:
Meta rolls out generative AI features for advertisers, including to create backgrounds, expand images, and write versions of ad text based on the original copy
 

 
From Techmeme:

Bloomberg:
Sources: Canadian authorities arrest Alexander “Connor” Moucka, who is allegedly behind the June and July 2024 hacks of up to 165 Snowflake users including AT&T

Marshall Cohen / CNN:
CCDH: before the election, Elon Musk made 87 X posts that were debunked by fact-checkers, hitting 2B+ views; his political posts had 17.1B views since July 2024

Arjun Kharpal / CNBC:
Nintendo reports Q2 revenue down 17% YoY to $1.8B, net profit down 69% YoY to ~$182.5M, and lowers its FY 2025 Switch sales forecast to 12.5M from 13.5M
 
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