Top News:
CNN:
Paris Hilton's 11:11 Media suspends an ad campaign on X one month after announcing a partnership with X; it's unclear whether the partnership is still on — Paris Hilton's entertainment company 11:11 Media has pulled an advertising campaign from Elon Musk's X just one month after announcing …
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Oliver Darcy / CNN:
The NFL has “expressed our concerns directly to X” about hate speech but hasn't suspended ads; one exec says the NFL keeps working with X because fans are there — After days of silence following X owner Elon Musk's endorsement of an antisemitic post, the NFL said Tuesday …
Financial Times:
Source: RedBird IMI plans governance changes as the UK culture minister prepares an investigation of the Telegraph Group's buyout by the Abu Dhabi-backed group — Redbird IMI plans to offer further assurances to ensure independence of the newspaper — UK culture minister Lucy Frazer …
Discussion:
The Guardian, @danielthomasldn, @danielthomasldn, Fortune, Sky News, The Information, New York Post, Telegraph and Mediaite
Charlotte Tobitt / Press Gazette:
An independent review of a police investigation into UK woman Nicola Bulley's disappearance finds failings in how non-reportable background briefings were used — Review says non-reportable background briefings could have been used effectively. — The relationship between the media and police must be …
Discussion:
@carlevecrime, @pressgazette, @mariannaspring, @fhamiltontimes, The Times and HoldtheFrontPage
Will Sommer / Washington Post:
ProPublica's union complains that ProPublica is helping the Post-Gazette's management endure a strike by supplying the outlet with stories via its partnership — The media nonprofit's union wants to stop a collaboration with a newspaper whose reporters are on strike.
Discussion:
@legalcat.bsky.social, @zacktanner, @dicktofel and @willsommer
Kirsten Chuba / The Hollywood Reporter:
A profile of 25-year-old Reece Feldman, hired by studios and streamers like Paramount and Prime Video to make TikToks from film sets, junkets, and red carpets — “People of my generation know when they're being advertised to, but they'll accept being advertised to if it's in their language …
Brian Morrissey / The Rebooting:
A summary of a talk with Hearst Newspapers Chief Commercial Officer Bridget Williams on using commerce-friendly content like newcomers guides to fund local news — On this week's episode of The Rebooting Show, I spoke to Bridget Williams, chief commercial officer at Hearst Newspapers.
Tatiana Siegel / Variety:
Public statements on the Israel-Hamas war roil Hollywood, as agencies drop clients and demote or fire staff and producers of Scream 7 fire Melissa Barrera — Four days after the Oct. 7 Hamas terror attacks in Israel, WME invited Steve Leder, the rabbi from Wilshire Boulevard Temple, to visit the agency's Beverly Hills headquarters.
Discussion:
Business Insider, Fox News, SlashFilm, Variety, The Wrap, ComingSoon.net, Us Weekly, The Playlist, al.com, Decider, New York Times, UPROXX, Deadline, The Messenger, @phil_lewis_, @tatianasiegel27, @yasmineelsabawi, @bendreyfuss, TIME, Consequence, @cendawanita@mefi.social, Reclaim The Net, The Hollywood Reporter, The Wrap, New York Post, The Daily Beast, Dean Salamouras on LinkedIn, The A.V. Club, Gizmodo, The Messenger, Collider, IndieWire, ScreenRant, Los Angeles Times, www.empireonline.com and My cat was right about you.
Stuart Dredge / Music Ally:
TikTok-funded report: TikTok users are much likelier to pay for a music streamer than the average consumer and spend more on concerts than the average listener — - Click to email a link to a friend (Opens in new window) — TikTok has commissioned research firm Luminate for a new report analysing its impact on music.
The Wrap:
Memo: Univision CEO Wade Davis defends the network's Trump interview, which was panned for being too favorable, saying the network is “not a tool of any party” — The Congressional Hispanic Caucus responded to the Nov. 9 interview on Monday, saying they're “concerned” about Univision's mission
Ted Johnson / Deadline:
FCC chair Jessica Rosenworcel proposes banning cable and satellite TV operators from imposing early termination fees on subscribers, calling them “junk fees” — - Kamala Harris And Doug Emhoff Address Israel-Hamas War Protests At Los Angeles Reelection Fundraiser
Discussion:
Next TV, The Desk, Inside Radio, MediaPost and Reuters
Bryan Passifiume / National Post:
Canada expands the Journalism Tax Credit, letting news publishers get credit for up to 35% of journalists' salaries up to $85K, increased from 25% of up to $55K — The government's statement announced an increase to the Canadian Journalism Tax Credit — a refundable tax credit allowing …
Discussion:
@mgeist, Michael Geist, Business Wire and Globe and Mail
Sara Fischer / Axios:
Integrated Whale Media cancels the sale of Forbes to the Austin Russell-led investor group; the deal breakup fee was $35M — Austin Russell, the 28-year-old CEO of electric vehicle company Luminar Technologies, is no longer buying Forbes, the company's CEO told staff in a statement Tuesday.
Discussion:
@jeffjarvis, @forbesunion, Sara Fischer on LinkedIn and Talking Biz News
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Sara Fischer / Axios:
Sources: Luminar CEO Austin Russell missed a deadline to get his $800M bid together to buy Forbes; Sun Group, which led the bid, is no longer in the deal
Sources: Luminar CEO Austin Russell missed a deadline to get his $800M bid together to buy Forbes; Sun Group, which led the bid, is no longer in the deal
Discussion:
@rafat, @sarafischer, Bloomberg, TechCrunch, Talking Biz News, Press Gazette, The Messenger, The Information and @maxwelltani