Media News Daily: Top Stories for 11/04/2024

This page hosts daily news stories related to the media and journalism industry. Check back often, as new stories may be added here throughout the day.

Washington Post Reports 250,000 Subscription Loss Following Decision Not to Endorse in Presidential Race

The Washington Post faced an estimated loss of 250,000 subscribers after opting not to endorse a presidential candidate, a decision announced last week by Publisher Will Lewis. The figure was initially reported by NPR’s David Folkenflik and further detailed by Post reporter Elahe Izadi, citing internal sources. Executive Editor Matt Murray acknowledged a likely “substantial” number of cancellations but suggested that metrics may stabilize. The decision, supported by owner Jeff Bezos, has sparked strong reactions among readers, with notable increases in site traffic observed. (Read More) MediaPost Rating

2024 Election Ad Spending Reaches Record-Breaking $10.5 Billion, Led by Harris Campaign and FF PAC

Spending on political ads has surged to a historic $10.5 billion for the 2024 election cycle, with Pennsylvania alone reaching $1.2 billion, according to AdImpact data analyzed by NPR. The Democratic campaigns have outpaced Republican spending, with Democrats investing $5 billion and Republicans $4.1 billion since January 2023. Presidential ads focus heavily on Pennsylvania, Michigan, Wisconsin, and four other swing states. Among top spenders are Harris for President ($513 million) and MAGA Inc. ($360 million), underscoring intense media engagement this cycle. (Read More) NPR Rating

Michael Bloomberg Endorses Kamala Harris for President, Cites Integrity and Policy Alignment

Former NYC Mayor Michael Bloomberg has publicly endorsed Kamala Harris, commending her stances on key issues like climate change, economic policy, and abortion rights. Bloomberg’s opinion piece criticizes Donald Trump, particularly regarding January 6th and his challenges to democratic processes. Bloomberg describes Harris as unifying and praises her campaign for appealing to voters across political lines. (Read More) Poynter Rating

Wall Street Journal Maintains Tradition of Non-Endorsement, Critiques Kamala Harris as ‘Fourth Obama Term’

In a recent editorial, the Wall Street Journal upheld its longstanding policy of not endorsing presidential candidates, describing Kamala Harris’s platform as a continuation of Obama-era policies, with criticism focused on her domestic spending and foreign policy. Although the editorial signals disapproval of Harris’s policy direction, the Journal stopped short of endorsing Trump, reflecting ongoing divisions in its opinion pages. (Read More) Poynter Rating

New York Times Editorial Board Urges Voters to Reject Trump, Citing Threats to Democracy

The New York Times published an op-ed calling Donald Trump unfit to lead, referencing actions he took to undermine democratic processes and rollback abortion rights. The editorial criticizes Trump’s approach to governance and foreign relations, urging voters to consider the implications of his policies. Despite backlash faced by other outlets like the Washington Post for withholding endorsements, the Times reaffirms its prior support for Harris as the “patriotic” choice. (Read More) The Hill Rating

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