On second day of the US DOJ's antitrust trial focused on ads, a former News Corp exec testified as a government witness, saying Google held publishers "hostage" (Lauren Feiner/The Verge)
Mediagazer: On Day 2 of the US DOJ's antitrust trial focused on ads, a former News Corp executive testifying as a government witness said Google held publishers “hostage” (Lauren Feiner/The Verge)
Top News:
New York Post:
A former News Corp executive testifies in Google's ad antitrust trial that News Corp weighed switching from Google ad tools in 2017 but would have lost $9M— News Corp considered switching away from Google's advertising products in 2017 - but decided against it after determining it would cost …
Discussion: Reuters, AdExchanger, Adweek, Marketing Brew, Mumbrella, The Verge, Yahoo Finance, MediaPost, New York Daily News, Digiday, New York Times, The Media Leader and Reuters
Discussion:
Jody Godoy /
Reuters: News Corp would have lost $9 million in 2017 by ditching Google ads, ex-exec testifies
Allison Schiff /
AdExchanger: The DOJ vs. Google, Day Two: Tales From The Underbelly Of Ad Tech
Ryan Barwick /
Marketing Brew: Google ‘impossible to negotiate with,’ former News Corp exec testifies
Lauren Feiner /
The Verge: US v. Google redux: all the news from the ad tech trial
Alexis Keenan /
Yahoo Finance: Clash of the titans: Google and US attorneys kick off ad tech trial with clash over defining the market
Seb Joseph /
Digiday: From power play to courtroom drama: a timeline of tumultuous turns to Google's ad tech trial
Sabrina Quagliozzi /
The Media Leader: Google's antitrust trial over online advertising begins today
Jody Godoy /
Reuters: In the first day of the antitrust trial focused on ads, US prosecutors allege Google abused its size to dominate the sector through acquisitions and more
RELATED:
The Verge:
On Day 2 of the US DOJ's antitrust trial focused on ads, a former News Corp executive testifying as a government witness said Google held publishers “hostage”— Google's tool that lets publishers sell ad space on their websites is ubiquitous, but that's largely a testament …
Discussion:
Digiday, MEDIANAMA, @vidushi_law, @adamkovac, New York Post, City A.M. and Adweek, more at Techmeme »
Discussion:
Marty Swant /
Digiday: The Rundown: Highlights as sparks begin to fly on Day 2 of the latest Google antitrust trial
Simone Lobo /
MEDIANAMA: US Dept of Justice Accuses Google of Stifling Competition in Digital Ads; MediaNama's Take
Vidushi Dyall /
@vidushi_law: She testified that she thinks part of ad tech should be “community assets” not run by for-profit companies. Judge Brinkema asked “What do you mean by community asset? Open source?” and whether exchanges should be non-profit?
Vidushi Dyall /
@vidushi_law: Towards the end, we heard that Layser wrote in a 2019 op ed, that she wanted G to contribute AdX to PreBid (header bidding) even though G doesn't bid into 3P, in order to make make it an open source tool for all. https://www.adexchanger.com/ ...
Vidushi Dyall /
@vidushi_law: On Unified Price Rules, implemented by G, Layser said she didn't feel it was in publishers interests because it reduced control over how they can monetize.
Vidushi Dyall /
@vidushi_law: On direct, Layser testified that switching publisher ad servers and from G's DFP isn't really a option because of revenue loss risk and that she didn't choose DFP because it's innovative, calling it a “30 year old piece of tech that is slow and clunky.”
Vidushi Dyall /
@vidushi_law: She also distinguished direct deals on selling ad space from open auction/real time bidding, and saying there isn't much shift happening here.
Vidushi Dyall /
@vidushi_law: Layser, like other witnesses yesterday, want full access to G demand. The judge commented on this, asking if she wanted access to G's advertiser demand but didn't want to go through the system to get it? The answer was yes.
Vidushi Dyall /
@vidushi_law: Checking in on Day 2 of #USvGoogle II. The first witness of the day was Stephanie Layser, who has a long career in publishing. A few employers include NY Post, DailyMail and most notably NewsCorp.
Adam Kovacevich /
@adamkovac: The judge in DOJ v Google case is appropriately skeptical of Google's ad tech rivals wanting to turn Google ad tech services into a public utility.
Thomas Barrabi /
New York Post: DOJ launches case against Google in historic trial over digital ad dominance, attorney warns of ‘unintended consequences’
New York Times:
How Linsey Davis and David Muir firmly pursued real-time fact-checking to build guardrails around Trump in the ABC News debate between Trump and Harris— Calmly and firmly, Linsey Davis and David Muir pursued the kind of real-time fact-checking missing from many previous debates.
Discussion:
Fast Company, ABC News, The Wrap, Fox News, CNN, Media Matters for America, New York Post, Wall Street Journal, Axios, New Republic, New York Times, Deadline, Newsbusters, GQ, @davidgura, @brianstelter, @hughhewitt, @acyn, @sarafischer, @get_status@threads.net, TIME, @timalberta, @newscentralcnn, @benjysarlin, @davidfolkenflik, @brianstelter, The Hill, The Daily Beast, The Cut, @mehdirhasan, Politico, Status, Columbia Journalism Review, NPR, Poynter, @dicktofel, UPI, @brianstelter, @joolesplumm, The Federalist, Forbes, @nhannahjones, @jvlast@threads.net, Newser, Barrett Media, @dylanbyers, @abughazalehkat, @kyleclark9news@threads.net, Vogue, @mistergeezy, @yashar, @jmflatham, @brianstelter, ABC7, @juliachanb, @billackman, @acwardblueridge@threads.net, The Guardian, @cmclymer, @howardkurtz, Mediaite, Advocate, Vanity Fair, Los Angeles Times and C-SPAN.org
Discussion:
Riley Hoffman /
ABC News: READ: Harris-Trump presidential debate transcript
Andi Ortiz /
The Wrap: Stephen Colbert Applauds David Muir and Lindsey Davis for Debate Fact-Checks: ‘Can a Moderator Win a Debate?’ | Video
Kamala Harris /
Media Matters for America: Newsmax guest says white men “will be at the back of the line” under a Kamala Harris presidency
Emily Crane /
New York Post: Trump was fact-checked by ABC moderators 5 times — while Harris was left alone
Ivana Saric /
Axios: Trump “less inclined” to do another debate with Harris
Michael M. Grynbaum /
New York Times: Trump Criticizes ABC Debate Moderation and Fox News Anchors Deadline: In The Spin Room: Donald Trump And Allies Insist He Won The ABC News Debate, But Grouse That It “Was Three Against One”
Ryan Broderick /
GQ: Conspiracy Theories Are No Longer as Useful as Trump Thinks They Are
David Gura /
@davidgura: “Using calm and authoritative tones, @DavidMuir and @LinseyDavis offered a model for real-time fact-checking that has been absent from many recent presidential debates.” https://www.nytimes.com/...
Brian Stelter /
@brianstelter: My 2¢: Debate moderators are in an impossible position whenever Trump is on the stage. The same is true for journalists more broadly whenever Trump is the story: You're damned if you fact-check and you're damned if you don't.
Hugh Hewitt /
@hughhewitt: Former President Trump to @foxandfriends just now: " “I think ABC took a big hit last night. To be honest, they are a news organization - they have to be licensed to do it - they ought to take away their license for the way they did that.” @acyn: CNN Fact Check of the debate: This was a staggeringly dishonest debate performance from former President Trump. Just lie after lie on subject after subject by my preliminary count, he made at least 33 false claims [video]
Sara Fischer /
@sarafischer: Conservative criticism of ABC's fact checks won't move the needle with undecided voters, but they help Democrats position Trump as being on the defense post-debate. @get_status@threads.net: ABC News showed how it is done. David Muir and Linsey Davis on Tuesday night facilitated a compelling and instructive debate between Donald Trump and Kamala Harris, while also fact-checking the lie-peddling former president and establishing a basic baseline of truth at the high-stakes political showdown. …
Tim Alberta /
@timalberta: One way to look at it: ABC moderators fact-checked Trump 2-3 times and Harris zero times Another way to look at it: ABC moderators fact-checked Trump 2-3 times instead of 500 times @newscentralcnn: JUST IN: A fact check of the big debate. CNN's Daniel Dale (@ddale8) notes “Trump has been staggeringly dishonest and Harris has been overwhelmingly (though not entirely) factual.” @JohnBerman [video]
Benjy Sarlin /
@benjysarlin: Trump has a reputation for only complaining about media bias when it's really important and not on an hourly basis for 40 years so I'm sure the American people are going to be especially eager to hear several days of him laying out his case here
David Folkenflik /
@davidfolkenflik: The ABC duo is factchecking, pretty much just Trump so far, but it's focused, crisp and brief, so it doesn't feel as though it's interfering.
Brian Stelter /
@brianstelter: Trump is on the phone with “Fox & Friends.” Here is his first answer about the debate. He says three times that it was “3 on 1” but says “I thought I did a great job.” [video]
Andrea González-Ramírez /
The Cut: Thank You to ABC News' Fact-Checkers
Mehdi Hasan /
@mehdirhasan: Totally normal response to losing a debate. Not authoritarian or dictatorial at all. Btw, this is the free speech champion that Musk keeps hailing.
Oliver Darcy /
Status: ABC's Authority — David Muir and Lindsey Davis firmly corrected Donald Trump and declined …
Jon Allsop /
Columbia Journalism Review: The refs worked — Late last week, during an event that was loosely described as a …
Brittney Melton /
NPR: Fact-checking the Trump-Harris debate. And, food delivery could help the environment
Tom Jones /
Poynter: Looking back at Tuesday night's presidential debate, including ABC News' solid performance
Richard Tofel /
@dicktofel: The job of the moderators is to help the American people get a better, more informed look at the candidates. Muir and Davis did that, both when they fact-checked Trump and when they let Trump drone on. UPI: In debate, Trump rants, cites conspiracy theories as Harris pushes back, touts her vision for future
Brian Stelter /
@brianstelter: Trump suggests Disney's FCC licenses should be revoked due to the debate: “I think ABC took a big hit last night. To be honest, they are a news organization - they have to be licensed to do it - they ought to take away their license for the way they did that.”
Eddie Scarry /
The Federalist: ABC's Democrat Moderators Interfered To Help Kamala, And She Still Struggled To Debate
Siladitya Ray /
Forbes: 'They're Eating The Dogs' And ‘Worst’ Inflation: Key Fact-Checks From The Presidential Debate
Ida Bae Wells /
@nhannahjones: Shout out to the @ABC moderators for fact-checking in real time. This is how you do it.
Jonathan V. Last /
@jvlast@threads.net: Over at the old place the anti-antis are losing their minds over how unfair the ABC moderators are. Which is, you know, tells you something.
Kate Seamons /
Newser: How the Real-Time Debate Fact-Checking Went Down
Garrett Searight /
Barrett Media: Grading Performance of David Muir and Linsey Davis During ABC News Presidential Debate
Dylan Byers /
@dylanbyers: Incredibly commendable job by @DavidMuir, @LinseyDavis and the @ABCPolitics team tonight. 👏
Kat Abu /
@abughazalehkat: btw David Muir and Linsey Davis are the most effective debate moderators we've seen since 2015 and any future debates should follow their example @kyleclark9news@threads.net: I'm impressed with Linsey Davis and David Muir's calm, composed, and concise fact-checking.
Emma Specter /
Vogue: A Star of Tuesday's Presidential Debate? ABC's Linsey Davis
Greg /
@mistergeezy: Jake Tapper and Dana Bash can learn a lot from David Muir and Linsey Davis. Well done! [image]
Yashar Ali /
@yashar: Sean Davis, the CEO of Federalist, believes that ABC should lose its broadcast license and that David Muir, Linsey Davis, and various ABC News executives should be indicted on federal criminal charges. [image] @jmflatham: Dana Bash and Jake Tapper arguing you can't fact check and run a smooth debate, @abc David Muir and linsey Davis just curb stomped their @CNN credibility
Brian Stelter /
@brianstelter: Live on Fox, Trump insults the two Fox anchors who have been pitched as debate moderators - Bret Baier and Martha MacCallum - and says “I wouldn't want to have” them. He says he would want Sean Hannity, Jesse Watters or Laura Ingraham to host instead. (An obvious non-starter.) [video]
Julia B. Chan /
@juliachanb: ABC's David Muir and Linsey Davis are doing a good job as moderators so far. Fact-checking statements and lies.
Bill Ackman /
@billackman: Why do the moderators only fact check @realDonaldTrump and not @KamalaHarris?
AC Ward /
@acwardblueridge@threads.net: High praise from an excellent fact-checker during a political debate.
Gabrielle Canon /
The Guardian: ABC News hosts of Harris-Trump debate praised for keeping candidates on-topic
Charlotte Clymer /
@cmclymer: Shout-out to Linsey Davis and David Muir of ABC News for actually doing their damn jobs as moderators. Much appreciated from a grateful voting public. @howardkurtz: Trump often took Harris' bait, and she performed well. But it really was 3 on 1 as ABC repeatedly asked Trump tougher questions with more follow ups and corrections, Kamala not so much https://www.foxnews.com/...
Sarah Rumpf /
Mediaite: ABC's Linsey Davis Fact-Checks Trump's Wild Debate Claims Democrats Support Letting Doctors ‘Execute the Baby’
Ryan Adamczeski /
Advocate: Who is moderating the tonight's presidential debate? Meet anchors David Muir and Linsey Davis
Michael Calderone /
Vanity Fair: 2024 Presidential Debate Recap: Highlights From the Harris-Trump Showdown
Stephen Battaglio /
Los Angeles Times: Meet the Harris-Trump debate moderators: ABC News' David Muir and Linsey Davis
Joemandese /
C-SPAN.org: User Clip: People On Television Are Saying...
The Verge:
ESPN's AI-generated articles recapping women's soccer games are bland and basic, failing to note key moments like one player's final game and emotional farewell— This weekend, ESPN began publishing AI-generated recaps of women's soccer games, with more sports to come.
Discussion:
Glenn Gabe /
@glenngabe: Like the AP's AI sports recaps (which started a few years ago) -> ESPN's AI-generated sports recaps are already missing the point “It's using Microsoft AI to write each story, with humans only involved in reviewing each recap for “quality and accuracy.” https://www.theverge.com/... [image]
Brian Andrews /
@swerdnanairb: I decided to check the ESPN PLL AI recaps after the Alex Morgan thing.. This is brutal. Did an editor check for anything more than spelling errors? [image]
Iain Hepburn /
@blandpseudonym.bsky.social: This is the kind of crap I fear seeping into the system over here. Lower leagues and women's football - deemed necessary to cover but of lesser value by news leadership - relying on match reports basically generated out of editorial Lego blocks. [embedded post] @itnewsbot@schleuss.online: ESPN is now using AI to recap women's soccer and people have feelings - Image: Cath Virginia / The Verge — This weekend, ESP... - https://www.theverge.com/...
Luis Paez-Pumar /
Defector: ESPN Masks Cynical AI Pivot As Benevolent Coverage Of “Underserved” Sports
Parker Molloy /
The Present Age: ESPN's AI Fumble: How Robot Recaps Missed Alex Morgan's Final Match
Axios:
The New York Times Tech Guild, which represents 600+ employees, votes to authorize a strike after over two years of stalled contract talks with NYT management— - The Wirecutter union held a five-day walkout over the Black Friday holiday weekend in 2021 and struck a deal with management days later.
Discussion:
Associated Press: Boeing workers say contract offer is ‘not good enough’, as fears of a strike mount
Brian Stelter /
@brianstelter: The union's maximum leverage point is the upcoming election... Will they strike?
Brad Pareso /
Adweek: NYT Tech Workers Union Votes to Authorize Strike @nytguildtech: THERE IS NO DEBATE: We have approved a strike, with just weeks until Election Day. Read more here: https://www.nyguild.org/... [image]
Sara Fischer /
Sara Fischer on LinkedIn: NEW: The New York Times tech workers union has voted to authorize a strike in protest of stalled contract negotiations with The Times' management, sources confirmed to Axios. …
Ethan Marcotte /
@beep@follow.ethanmarcotte.com: Per https://bsky.app/... , 95% of the votes were “yes.” This strike authorization didn't squeak by; this is what happens when management's failed for *years* to properly sit at the negotiating table. — This is also how you bring them *back* to the table.
Baekdal:
Affiliate links are no longer an easy revenue source for news publishers, as Google downranks product recommendations from non-specialized outlets— This is an archived version of a Baekdal/Basic newsletter (it's free). It is sent out about once per week and features the latest articles …
Discussion:
@risj_oxford
Axios:
Veteran journalist Peter Kafka is reviving his old Recode Media podcast under a new name, Channels, starting September 11 with the Vox Media podcast network— - He also worked out an arrangement with Vox Media CEO Jim Bankoff where he'll own the podcast, giving him freedom and flexibility.
Discussion:
TVNewsCheck, Vox Media, @pkafka, @jakesherman, @cgates123, @sarafischer, @pkafka, @mossbergwalt@threads.net, Nieman Lab, @pkafka@threads.net, MediaPost and Talking Biz News
Discussion:
Katie Campione /
TVNewsCheck: 49ers-Jets Boasts Solid Audience For ABC & ESPN Despite Disney-DirectTV Dispute Vox Media: Veteran Journalist Peter Kafka Relaunches His Acclaimed Weekly Media and Technology Podcast in Partnership with Vox Media
Peter Kafka /
@pkafka: And if you were previously subscribed to Recode Media you *should* have gotten my trailer in your feed this morning. But never hurts to check. Thanks to everyone at @voxmediapods for getting this thing up and running. Glad to be back.
Jake Sherman /
@jakesherman: I think @pkafka does a great podcast. So this is cool.
Christopher Gates /
@cgates123: Congrats @pkafka on the restructuring and launch! I have seen Vox utilize this structure more and more. It is smart. Give creators ownership and help them with production, distribution and advertising. As a maker of shows, ownership is 🗝️ https://www.axios.com/...
Sara Fischer /
@sarafischer: Big news for media biz: @pkafka bringing his infamous pod back to @voxmedia, rebranding it “Channels” -He'll remain w @BusinessInsider -Will still be a weekly intv show -Peter will own the show. Vox Media is production, distribution and sales partner https://www.axios.com/...
Peter Kafka /
@pkafka: Professional news: I have two jobs! Very excited to start chatting again. Sara has the backstory below. You can get tomorrow's show - an interview with the New Yorker's David Remnick - and every one after that, for free, by heading here https://link.chtbl.com/kafka
Walt Mossberg /
@mossbergwalt@threads.net: Just checked on Apple Podcasts. Channels is automatically there in the feed previously occupied by Recode Media. Can't wait!
Joshua Benton /
Nieman Lab: The old Recode Media podcast is returning to a familiar home
Peter Kafka /
@pkafka@threads.net: I'm putting on my podcast pants again, starting tomorrow: Channels will be a long-form interview show dropping every Weds. First guest: David Remnick, the New Yorker's longtime editor. — Subscribe now (for free!) on the app of your choice: https://link.chtbl.com/kafka 1/2
Ray Schultz /
MediaPost: Vox To Start Multimedia Podcast Franchise
Chris Roush /
Talking Biz News: Kafka revives podcast for Vox Media
TechCrunch:
A group of Democratic senators asks the FTC and DOJ to probe whether AI tools that summarize online content like news may amount to anticompetitive practices— A group of Democratic senators is urging the FTC and Justice Department to investigate whether AI tools that summarize …
Discussion:
U.S. Senator Amy Klobuchar, Axios, @leftcoastbabe, @shadowhaxor, Raptive and @bishplsok
Discussion:
U.S. Senator Amy Klobuchar: Klobuchar, Colleagues Urge Justice Department, Federal Trade Commission to Investigate Generative AI Products for Potential Antitrust Violations
Janice Hough /
@leftcoastbabe: As much as MSM media is failing us, we really need local journalism. Senator Amy Klobuchar is working to do something about that. https://www.axios.com/...
Keith Mitchell /
@shadowhaxor: @TechCrunch YES! This needs to happen. Google is ripping off people's content, using it in its search engine without providing any traffic to their sites. Screw Google. Raptive: Statement from Marc McCollum, Chief Innovation Officer at Raptive, on Senator Amy Klobuchar's Letter Addressing AI's Impact on Content Creators
Michael Bishop /
@bishplsok: https://techcrunch.com/... 1. Tying search indexing to AI summarization opt-in is blatantly anticompetitive when you have monopoly control of search 2. @aripap picked literally the best time to start writing about G antitrust, lol 3. Pub rev share maybe finally on the table!
Asheville Watchdog:
An interview with former Washington Post Editor Martin Baron on Jeff Bezos' purchase of the outlet, Trump's election in 2016, and his memoir, Collision of Power— Asheville Watchdog hosted a special free public event on Thursday, Sept. 5. Watchdog political reporter Tom Fiedler interviewed …
Discussion:
r/Journalism
Adweek:
Amazon says it is testing sponsored ads in chats with Rufus, its AI-powered shopping assistant, in the US— But ad buyers are cautious about the placements — Amazon is starting to plug ads into generative AI. — Sponsored ads—Amazon's core search ad format—could start appearing …
Discussion:
The Drum, Adam Epstein on LinkedIn and Jeremy Dodge on LinkedIn
Discussion:
Laure Malergue /
The Drum: How generative AI paves the way for more contextualized and personalized DOOH campaigns
Adam Epstein /
Adam Epstein on LinkedIn: It will be fascinating to see the outcome of Amazon bringing ads to Rufus. — Sponsored Ads (primarily search) are Amazon's cash cow, accounting for 80% of all Ad revenue. …
Financial Times:
GB News and UnHerd owner Paul Marshall acquires The Spectator for £100M and plans to expand the magazine overseas; Spectator chair Andrew Neil resigns— Acquisition bolsters hedge fund boss's position as one of UK's most influential right-leaning media barons
Discussion:
Associated Press, @frasernelson, @afneil, Adweek, @arusbridger, @afneil, @semaforben, @rowandean, @ian_fraser, @peterjukes, @semaforben, @colinbraziertv, @nfmusic, @montie, @aphclarkson, @danwootton, @peterjukes, @aphclarkson, @jamesrbuk, @sangitamyska, @peterjukes, @jdportes, @mattwridley, @peterjukes, @notthatbigian, @lefoudubaron, @twlldun, @danielthomasldn, New York Times, Spectator, The Guardian, BBC, New Statesman, Press Gazette, Irish News, The Independent, The Spectator Australia, White \u0026 Case, Irish News, Bloomberg, Telegraph, Sky News, The Times, The i Paper, Bloomberg, London Evening Standard, Reuters and Guido Fawkes
Discussion:
Sylvia Hui /
Associated Press: Hedge fund investor buys UK political magazine The Spectator for $131 million
Fraser Nelson /
@frasernelson: Congratulations to Sir Paul Marshall, new owner of The Spectator. The price, £100m, is a huge vote of confidence in The Spectator, its writers and (most of all) its potential. After a long auction, the next chapter in our 196-year history can finally begin https://www.spectator.co.uk/ ...
Andrew Neil /
@afneil: My Farewell to The Spectator 1/2 It is with great sadness that I write to tell you I am resigning as Chairman of The Spectator, with immediate effect. I made it clear many months ago that I would step down when a new owner took over. That time has now come. It has been my
Brad Pareso /
Adweek: UK Hedge Fund Tycoon Buys The Spectator Magazine
Alan Rusbridger /
@arusbridger: GBNews founder Paul Marshall has bought the Spectator. Read the extraordinary story of how he uses his money within the @churchofengland https://x.com/...
Andrew Neil /
@afneil: My Farewell to The Spectator 2/2 My greatest regret is that I have not been able to find you a new home guaranteed to nurture the unique chemistry of The Spectator, which makes it so special and successful. I'm sorry about that but the matter was taken out of my hands. We
Ben Smith /
@semaforben: Extraordinary farewell from a legendary figure who the would-be US/Gulf buyers made a huge mistake in taking for granted. Also, this Ben Shapiro interview really holds up: https://www.youtube.com/...
Rowan Dean /
@rowandean: Andrew Neil's sad but superb letter of resignation from The Spectator. Andrew is a legend of the media whose mentorship will be greatly missed but The Spectator Australia and Flat White readers can rest assured that the magazine and the website will continue in the magnificent
Ian Fraser /
@ian_fraser: Reminder of the hateful “likes” of hedge fund manager Paul Marshall, who has just snapped up The Spectator for £100m. Marshall is piecing together a right-wing media empire which already includes GB News and Unherd. @arusbridger https://www.prospectmagazine.co.uk/ ...
Peter Jukes /
@peterjukes: Siri. Give me an example of how cheaply you can buy the British intelligentsia
Ben Smith /
@semaforben: A domestic owner with populist right politics, after the government blocked foreign ownership ....
Colin Brazier /
@colinbraziertv: Fantastic news. The @spectator remains one of the most important voices in Britain's public square. It will continue to provide a shop window for some of the writers - Moore, Liddle, Murray - who consistently diagnose our nation's ills with wisdom, waspish humour and courage.
Neil Fisher /
@nfmusic: “The digital temptations that can lure publications to their grave ('Look at the clicks! Drop the opera review!') are dangerous-they come dripping in what looks like supportive data. You can end up not just being edited by algorithm but stripping a publication of nuance and soul”
Tim Montgomerie /
@montie: The biggest congratulations should go to @FraserNelson. At a time when print journalism is fighting for its life, Fraser and @afneil have turned The Spectator into a hugely profitable and influential magazine and because of its innovative digital products - it has its biggest
Alexander Clarkson /
@aphclarkson: Owner of GBNews and Unherd expands his right wing media empire. T here is a risk here for a Conservative Party that has increasingly abandoned a traditional Tory ethos that Marshall's particular obsessions drag it further away from the broad mainstream of British society
Dan Wootton /
@danwootton: Last year Sir Paul Marshall arrived at The Spectator's summer party only to discover his name had been taken off the guest list. He had to turn around and leave. Today he's just paid £100 million to buy The Spectator. His first decision may well be to sack its chairman Andrew [image]
Peter Jukes /
@peterjukes: Oof. Sharp passing shot at Marshall “No doubt the new proprietor will bring assets to the table, perhaps even bigger budgets. However you can have all the resources in the world but if you don't understand what really makes The Spectator tick then they will be as naught.”
Alexander Clarkson /
@aphclarkson: Andrew Neil ends up like the National Review editors and commentators in the US who were steamrollered by ideological forces they were instrumental in unleashing
James Ball /
@jamesrbuk: Warm post from Fraser paying tribute to the Spectator's outgoing chairman Andrew Neil and its old owners. But to a general audience the observations on business model and valuation might be more interesting - no to clicks and programmatic ads, yes to value through loyalty...
Sangita Myska /
@sangitamyska: Andrew Neil 🧵 takes a pot shot at Paul Marshall, the Spectator's new owner and biggest shareholder at GB News, implying he will not grasp that an Editor must be free of interference from the proprietor & external influences for it to be a credible news/current affairs outlet.
Peter Jukes /
@peterjukes: For all my many many criticisms of @afneil he at least had the decency to walk away from Paul Marshall's GB News. Is this a case of ‘better the devil you know’. Will we actually miss him?
Jonathan Portes /
@jdportes: Reminder of a few of @afneil's “highlights” as Chairman of the Spectator -Taki's endorsement of what *Neil himself* described as an “openly Nazi” party Murray's call for ethnic cleansing in Gaza Liddle's toxic racism.. Puff pieces for Zemmour, the AfD and Thierry Baudet..
Matt Ridley /
@mattwridley: A great journalist who made a journal greater.
Peter Jukes /
@peterjukes: Shocking insight into former Speccie owners - the Barclays “Suddenly and without warning we were placed in receivership because our then proprietors had used us as collateral for massive debts unrelated to us (without ever telling us). They then failed to pay these debts”
Ian Acheson /
@notthatbigian: I am proud to have played a v small role as a contributor to the best current affairs magazine in the country, brilliantly led & populated by writers I am frequently in awe of. We need intelligent thought diversity more than ever and I know @spectator will continue to deliver. @lefoudubaron: A grateful farewell to @afneil - an iconic journalist and friend for 25 years. Andrew nurtured @spectator with integrity and flair. He was an example and inspiration. He didn't interfere, but he set a tone of independence, authority and ethics. I've been privileged to
Godspeed You Black Tamperer /
@twlldun: Oh this is bad news. The spectator might end up publishing all sorts. Mad cranks, racists, climate change deniers, people who praise the Wehrmacht... Hold on. I'm just hearing something from my producer
Daniel Thomas /
@danielthomasldn: The Spectator has only its 15th owner in its 200 year history after hedge fund tycoon Paul Marshall completed his acqusition today for £100m. The FT reveals the plans for the storied title sold at a whopping price https://www.ft.com/... via @ft
Fraser Nelson /
Spectator: The Spectator's new owner - and new era
Alison Phillips /
New Statesman: Is Paul Marshall challenging Rupert Murdoch's media empire?
Bron Maher /
Press Gazette: Paul Marshall pledges to fix ‘underinvestment’ in Spectator as sale goes through
Alex Croft /
The Independent: Andrew Neil steps down as Spectator chair after £100m sale to GB News investor finalised White \u0026 Case: White & Case advises Sir Paul Marshall and Old Queen Street Ventures Limited on acquisition of The Spectator magazine
James Warrington /
Telegraph: GB News owner Paul Marshall completes £100m deal for The Spectator
Sarah Taaffe-Maguire /
Sky News: Spectator magazine finally sold to GB News investor Sir Paul Marshall
Helen Cahill /
The Times: Paul Marshall buys Spectator for £100m
Henry Saker-Clark /
London Evening Standard: GB News backer Sir Paul Marshall buys The Spectator magazine for £100m
Paul Sandle /
Reuters: Britain's Paul Marshall buys The Spectator magazine
Axios:
The Los Angeles Local News Initiative, which plans a nonprofit news org to support local newsrooms in LA, raised $15M from media leaders and philanthropists— - The research included input from 900 L.A. residents about gaps in community coverage, said Monica Lozano, the Initiative's board chair …
Discussion:
Josh Dickey /
The Wrap: Los Angeles News Nonprofit Raises $15 Million to Boost Local, Community-Issue Journalism
Brad Pareso /
Adweek: LA Local News Initiative Launches
Radhika Jones /
Vanity Fair: Radhika Jones on Melinda French Gates's Philanthropic Shift
Feven Merid /
Columbia Journalism Review: L.A. Local News Initiative launches
Max Resnik /
Max Resnik on LinkedIn: California here we come! Los Angeles will be joining the Documenters Network City Bureau this fall. …
Michael Ouimette /
Michael Ouimette on LinkedIn: Announcement day! Grounded in the amazing work of boyleheightsbeat, LAist , and CalMatters, we're bringing ~40 new local news jobs to LA. Check … @journalismproj: The L.A. Local News Initiative, announced today, is a $15M effort to grow & support #localnews in the region. The initiative will operate & support local newsrooms covering neighborhood, regional & state levels in service of LA communities. https://www.theajp.org/...
Sara Fischer /
@sarafischer: NEW: BIG LOCAL PLAY — Media leaders, philanthropists raise $15M for local news initiative in L.A. — Big names involved, including @meridak @evanspiegel — Funders & board working w @JournalismProj to fund new newsrooms and support existing More on @axios https://www.axios.com/...
Kevin Merida /
Related Knowledge Center: Climate economics
Climate change is now a driver of the world’s economy. The impact is profound:
- Catastrophic weather events — hurricanes, floods, droughts, high temperatures — are more frequent and more extreme. The cost can be measured in both the initial damage caused and the longer-term impact on the economy.
- Vulnerable communities are increasing climate-related investments, hardening infrastructure and taking other protective measures.
- Investment in carbon capture and storage technologies is increasingly rapidly.
- Governments are making investments and crafting regulations to reduce emissions of carbon dioxide and other greenhouse gases.
On top of all of this is the cost of uncertainty. As the Fourth National Climate Assessment, released in 2018 by the U.S. Global Change Research Program, says, “The assumption that current and future climate conditions will resemble the recent past is no longer valid.”