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6:50 PM ET, December 1, 2023


 Top News: 
Siddharth Cavale / Reuters:
Walmart says the company is not advertising on X “as we've found other platforms to better reach our customers”  —  Walmart (WMT.N) said on Friday it is not advertising on social media platform X, the latest brand to say it has dropped the Elon Musk-owned site.
Financial Times:
X accelerates its plan to attract ad spending by SMBs, including outsourcing some ad sales to third parties, such as US-based marketing startup JumpCrew  —  Social media site accelerates plan to attract small businesses as billionaire owner battles big brands
New York Times:
Some marketing agencies say their brands don't plan to return to advertising on X while others advise brands to stop posting on X, after Elon Musk's comments  —  Elon Musk, the owner of X, criticized advertisers with expletives on Wednesday at The New York Times's DealBook Summit.
Jessica Toonkel / Wall Street Journal:
Sources: Apple and Paramount have discussed an Apple TV+ and Paramount+ bundle that would cost less than subscribing to both streaming services separately  —  Streamers are increasingly joining with rivals to offer bundles that help attract and keep subscribers
Kyodo News:
Sources: South China Morning Post reporter Minnie Chan has gone missing after visiting Beijing to cover a forum in October; SCMP says she's “on personal leave”  —  An award-winning reporter from Hong Kong has gone missing following a business trip to China in late October …
Taylor Lorenz / Washington Post:
Business Insider faces criticism after promoting a story about a female founder in a well-known influencer “snark” subreddit known for harassment against women  —  But with thousands of subreddits, where exactly news sites should promote their work presents a dilemma
Dominic Ponsford / Press Gazette:
An interview with Dow Jones CEO and WSJ publisher Almar Latour about how Dow Jones continues to grow subscriptions, news media's prospects for 2024, and more  —  Interview with Dow Jones CEO and Wall Street Journal publisher Almar Latour.  —  This year has been a torrid one for most US …
Ben Mullin / @benmullin:
The Washington Post Guild authorizes a 24-hour walkout for December 7 after securing 700 commitments, saying that The Washington Post is bargaining in bad faith  —  Scoop: The Washington Post Guild has authorized a 24-hour walkout for next Thursday, complete with a picket line outside the office. Guild announced the walkout internally after securing 700 commitments.
Todd Spangler / Variety:
CNN launches a test of CNN Shorts, a vertical video player on its website, for smartphones; CNN's mobile app will get a CNN Shorts section in the near future  —  In its never-ending effort to try to reach younger news consumers, CNN has launched CNN Shorts — a new vertical video player on its website designed for smartphones.
Mike Nelson / The Streamable:
Tegna-owned TV stations, which reach ~39% of US households, go dark on DirecTV after the two companies did not renew their three-year retransmission agreement  —  TEGNA stations reach approximately 39% of households across the nation  —  In a notable escalation in the broadcasting industry …
Michael Geist:
A close look at Canada's Google deal under Bill C-18: most of the CA$100M will likely go to big broadcasters and existing deals will be rolled into the payment
Etan Vlessing / The Hollywood Reporter:
Sources: Hasbro's EOne cuts 10% of its workforce before Lionsgate closes its $500M acquisition, likely by 2023's end; eOne cut 20% of its staff in June 2023  —  The latest cost-cutting at the studio comes ahead of a $500 million deal for the Hasbro film and TV unit to be sold to the Hollywood studio …
Discussion: Variety and Deadline
Aditya Kalra / Reuters:
Sources: streaming services like Netflix and Viacom18 plan to collectively lobby India to delay or revamp a bill that would set up content evaluation committees  —  Netflix (NFLX.O), billionaire Mukesh Ambani's Viacom18 and other streaming companies plan to collectively lobby the Indian government …
Discussion: ScreenRant
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 More News: 
Max Goldbart / Deadline:
Viaplay sells its UK business back to Premier Sports, just a year after acquiring the unit for £30M, and plans to exit the Baltics and Poland by summer 2025
Alex Weprin / The Hollywood Reporter:
Meta's and YouTube's use of celebrities' likenesses for AI chatbots and songs raises tough questions about identity, IP, compensation, safeguards, and licensing
Emma Nelson / Star Tribune:
Minnesota's Star Tribune hires Aron Pilhofer, who co-founded DocumentCloud, Hacks/Hackers, and Tiny News Collective, as chief product officer
A US district judge issues a preliminary injunction blocking Montana's first-of-its-kind state ban on TikTok from taking effect on January 1, 2024
 Earlier Picks: 
Sarah Scire / Nieman Lab:
Some nonprofit digital outlets are hiring full-time cartoonists, as newspapers increasingly cut the role; fewer than 30 cartoonists worked at newspapers in 2021
Max Tani / @maxwelltani:
Internal email: Vox lays off staff as part of “tightening our editorial focus” and set an all-staff meeting for December 1 to discuss the changes