Mediagazer: Internal docs: X may lose ~$75M in ad revenue by 2023 end as Amazon, Microsoft, and other major brands halted or consider halting ads; X says it may lose $11M (New York Times)

9:25 AM ET, November 25, 2023

Top News:

Jane Martinson / The Guardian:

The UK government's potential scrutiny of Abu Dhabi's role in the Telegraph purchase is welcome after its failure to do so with the Independent — Intervention over a UAE-backed bid is welcome, but it's unlikely to signal a new era of media-ownership transparency

Discussion: Bloomberg, Reuters and Telegraph

The Guardian:

Sources: the UK culture minister's probe into Abu Dhabi-backed bid for The Telegraph could be stifled by the Foreign Office, which aims to boost UAE relations — Foreign Office could stifle possible inquiry into bid from Abu Dhabi-backed fund RedBird IMI in absence of cabinet secretary

Discussion: Telegraph

Michael M. Grynbaum / New York Times:
Source: Jeff Zucker's vision for The Telegraph includes a potential expansion into the US, where he believes a market has emerged for a center-right news outlet

Discussion: Financial Times, @karaswisher, @mattgarrahan, The Guardian, New York Post, Variety, The Wrap, @joegalarn, @benmullin, @fifilamoura@eldritch.cafe, Next TV and HuffPost

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

Discussion: The Guardian, @danielthomasldn, @danielthomasldn, The Guardian and Sky News

Jeremy Sharon / The Times of Israel:

Israel's communication minister proposes a resolution halting all state business with Haaretz because the left-wing daily “undermines the goals of the war” — Communications Minister Shlomo Karhi proposes a government resolution to halt any state advertising …

Discussion: @kymtje, @haaretzcom, @wideofthepost, @genzdemagogue, @karol, @dmitryopines, @jaketapper, @alivelshi, Mediaite, @trekbek.bsky.social, Hollywood Life, ComingSoon.net and UPROXX

Chris Brown / CBC News:

Since October 7, at least 50 journalists have been killed in the Israel-Hamas war, with the vast majority from Gaza; Israel's military denies targeting them — Reporters covering the war claim they're being deliberately targeted — When a rocket fired by Israel's military flattened buildings …

Discussion: Agence France-Presse, Mediaite, Reporters Without Borders, Crikey, HuffPost, @cfwij, @pressfreedom, @pressfreedom, Mediaite, The Guardian, Voice of America, Committee to Protect …, Fox News, Mediaite, Reporters Without Borders, Washington Post and Variety

Robert D. McFadden / New York Times:

Charles Peters, the founding editor of The Washington Monthly, a small political journal that challenged liberal and conservative orthodoxies, dies at 96 — His political journal challenged liberal and conservative orthodoxies for decades. — Charles Peters, the founding editor of The Washington Monthly …

Discussion: @nickkristof, @ezraklein@threads.net, @johndex, Washington Monthly, @stevecollinssj, Washington Post, @hookjan, @shawnwestfall, @andreicherny, @stevecollinssj, @heerjeet, @mikegrunwald, New Republic, @jayrosen_nyu, @stacypalmer, @peterbakernyt and @monthly

New York Times:

Internal docs: X may lose ~$75M in ad revenue by 2023 end as Amazon, Microsoft, and other major brands halted or consider halting ads; X says it may lose $11M — Internal documents show companies like Airbnb, Coca-Cola and Microsoft have halted ads, or are at risk of doing so …

Bloomberg:

RT and Sputnik have created mirror sites, like swentr.com, which have a fraction of the originals' traffic but allow them to bypass EU sanctions — - Mirror websites help Russia evade sanctions that block RT.com — EU measures fail to stop Kremlin disinformation campaigns

Discussion: Felix Kartte on LinkedIn, Lutz Güllner on LinkedIn and Euractiv

Philip Reeves / NPR:

A snapshot from the Media Hub in Riga, Latvia, which offers refuge to exiled Russian and Belarusian journalists, like Kirill Martynov of Novaya Gazeta Europe — Russian independent news media is still functioning from Riga, Latvia. The exile presents challenges to newsgathering and press freedom.

Discussion: @kincaid323 and @niemanlab

Yashraj Sharma / Wired:

Ahead of elections in India in December and 2024, political parties are courting social media influencers to reach rural voters while dodging media interviews — Major political parties in India are courting social media influencers to reach rural voters, paying for reach and dodging tough questions.

Discussion: @wired, @yashjournals, MIT Technology Review, Financial Times and BGR, more at Techmeme »

Ivan Mehta / TechCrunch:

Elon Musk says X plans to start showing preview headlines for links again, but did not offer details on a timeline or give an example of how the cards will look — Elon Musk said that X, formerly Twitter, will start showing headlines in preview cards with URLs on the platform again after removing titles last month.

Discussion: @elonmusk, @paultassi, @robertfreundlaw, Android Headlines, @radishharmers, Media Voices, @nexuist, @drmistercody, 9to5Google, @rmac18, @artemr, @elonmusk, @carnage4life@mas.to, The Wrap, Variety, Business Insider and The Messenger

Will Augerot / @willy_auge:

Lapham's Quarterly staff was furloughed indefinitely after the American Agora Foundation's board placed the magazine on hiatus in late October 2023 — A message from the staff of Lapham's Quarterly (@laphamsquart): [image]

Discussion: @afrofatalism, @j_fuller, @j_fuller, @nathanielparish, @j_fuller, @storyshaped, @storyshaped, Lapham's Quarterly and Apoorva Tadepalli on LinkedIn

Columbia Journalism Review:

An analysis of The New York Times and The Washington Post from September 1, 2022, until Election Day showed both favored political horse-race news, not policy — Researchers examine the self-serving fiction of ‘objective’ political news — Seven years ago, in the wake of the 2016 presidential election …

Discussion: @jayrosen_nyu, @blackamazon, @peterhamby, @harleyvaxquinn, @bollustrenton, @bendreyfuss and @froomkin

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More News:

Financial Times:
A New York law that suspended the statute of limitations on sex abuse claims spurred a flood of lawsuits and hope among advocates for a music industry reckoning

Discussion: USA Today, Billboard, Bloomberg, The Daily Beast, CMU, Digital Music News, CMU, Reuters, The A.V. Club, Rolling Stone and Vibe

The Moscow Times:
Russian state TV channel Rossiya 24 says its military correspondent Boris Maksudov died from injuries sustained from a drone attack in Ukraine

Discussion: Reuters

Reuters:
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Discussion: Collider and SlashFilm

Hanaa' Tameez / Nieman Lab:
Q&A with Mari Cohen, an editor at Jewish Currents, a digital and print magazine focused on the Jewish left, as readership rises during the Israel-Hamas war

Discussion: @s_peppered, @hanaatameez and American Press Institute

Ira Boudway / Bloomberg:
As Utah Jazz takes charge of its broadcasts, the NBA, MLB, and NHL will be watching whether teams can thrive without a steady RSN revenue stream

Discussion: @tytalkstv, @iboudway, @anotherdancohen, Caroline Klein on LinkedIn and The Messenger

Earlier Picks:

NewsGuard:
An analysis of 30 posts on X from large accounts with false or misleading claims on the Israel-Hamas war found 200 ads from 86 brands and others below 24 posts

John Carreyrou / New York Times:
How Carl Rinsch's sci-fi TV series became a costly fiasco for Netflix, which burned $55M+ without receiving a single episode, an example of streaming excess

Discussion: Rafael Brown on LinkedIn, @silvermanjacob, ScreenRant, Metro, The Wrap, Business Insider, @srol@mellified.men, Anish Chandy on LinkedIn, Benzinga, Cointelegraph, @carnage4life@threads.net, @kbsez@postchat.io, @jalefkowit@octodon.social and @nifta@icosahedron.website

Lisa O'Carroll / The Guardian:
Media campaigners say proposals in the European Media Freedom Act to stop the hacking of journalists' phones and guarantee press independence have been diluted

Discussion: European Federation …, @pressgazette, @liliebayer and @criticalvas

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

Discussion: @zacktanner, @dicktofel, @willsommer and @legalcat.bsky.social

From Techmeme:

Kyle Wiggers / TechCrunch:
OpenAI unveils GPT-4o, a new flagship generative AI model that is faster and natively multimodal, rolling out for free to all ChatGPT users in the coming weeks

David Pierce / The Verge:
Apple iPad Pro (2024) review: gorgeous screen, blazing performance with M4, thin, front camera is in the right spot, but iPadOS can't keep up with the hardware

Christopher Dring / GamesIndustry.biz:
Sony Interactive Entertainment announces two new CEOs: Hermen Hulst, who will lead studios, and Hideaki Nishino, who will lead platforms, effective June 1

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