UK culture secretary Lisa Nandy is considering mutualizing the BBC, giving direct ownership to license-fee payers, as part of a review of funding options (Daniel Thomas/Financial Times)

Mediagazer: UK culture secretary Lisa Nandy is considering mutualizing the BBC, giving direct ownership to license-fee payers, as part of a review of funding options (Daniel Thomas/Financial Times)

Top News:

Financial Times:

GB News and UnHerd owner Paul Marshall acquires The Spectator for £100M, plans overseas expansion and online growth for the magazine— Acquisition bolsters hedge fund boss's position as one of UK's most influential right-leaning media barons — Hedge fund boss Paul Marshall …
Discussion: Press Gazette, The Guardian, Spectator, London Evening Standard, Reuters, @danielthomasldn and Guido Fawkes

Discussion:

Charlotte Tobitt /
Press Gazette: Telegraph sale latest: Newspaper auction continues as Paul Marshall completes Spectator deal

Bron Maher /
Press Gazette: Paul Marshall pledges to fix ‘underinvestment’ in Spectator as sale goes through

Fraser Nelson /
Spectator: The Spectator's new owner - and new era

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

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

Eleanor Wheatley /
Guido Fawkes: Paul Marshall Buys The Spectator for £100 Million

New York Times:

Business Insider names Jamie Heller, the business editor of The Wall Street Journal, to lead its newsroom as its next editor in chief— Ms. Heller spent two decades at The Wall Street Journal, most recently leading corporate coverage. — Business Insider is expected to name Jamie Heller …

Discussion:

Charlotte Tobitt /
Press Gazette: Business Insider names WSJ business editor Jamie Heller as next editor-in-chief

Barbara Peng /
Business Insider: Warm welcome to our new editor in chief!

Ben Mullin /
@benmullin: Statement from new BI editor-in-chief @JamieHeller: “Every day I've worked at The Wall Street Journal has been an honor...” [image] @bipressroom: Thrilled to welcome @JamieHeller as incoming editor in chief @BusinessInsider. Read on in a note from @BLPeng: https://www.businessinsider.com/ ...

Brian Steinberg /
@bristei: It's official: @JamieHeller taking the reins of @BusinessInsider as editor in chie. ‘I subscribed several years ago because I had to - it is that good. Now, I am beyond excited to lead this tremendous publication to new heights,’ she says in statement

Patrick Howell O'Neill /
@howelloneill.bsky.social: I only want to know how this will impact katie notopoulos's insane posts on Threads [embedded post]

Nicholas Carlson /
Nicholas Carlson on LinkedIn: Congratulations and good luck, Jamie Heller! — You have brilliant team to work with and I'm excited to see what they do under your leadership. …

Rob Copeland /
@realrobcopeland: My media scoop debut w/ @BenMullin: longtime @wsj editor @JamieHeller to be next top editor of @thisisinsider https://www.nytimes.com/...

Corbin Bolies /
@corbinbolies: Business Insider CEO Barbara Peng welcomes @JamieHeller as the publication's new EIC in an email to staff: [image]

Alyson Shontell /
@ajs: This makes me so happy for the fiercely talented @BusinessInsider newsroom, which deserves the best next leader to compliment their already-extraordinary newsroom leadership team. Congratulations, @JamieHeller (and great hire, @BLPeng @jessicaliebman) https://www.businessinsider.com/ ...

Hadas Gold /
@hadas_gold: Here's BI CEO Barbara Peng's email to staff about @JamieHeller joining as editor-in-chief [image]

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— Alphabet's (GOOGL.O) Google sought to dominate all sides of online advertising technology by controlling competitors and customers …

Discussion:

Edith Hancock /
Politico: Google loses EU court battle over €2.4B antitrust fine

Alex Rogers /
Financial Times: US accuses Google of dominating ad tech market as antitrust trial begins

Jason Kint /
@jason_kint: Cited G emails “we'll do to display what we did to search” striking after losing search trial last month"-Bender and “use AdX or you don't get access to our demand.”-Spencer /3

David McCabe /
New York Times: U.S. Argues Google Created Ad Tech Monopoly @vafrmmd: Prosecutors say Google has largely dominated the technological infrastructure that funds the flow of news and information on websites through more than 150,000 online ad sales every second. https://www.reuters.com/...

Jason Kint /
@jason_kint: US subtly established stock market metaphor early (ad market is 342x larger than stock market transactions per day) with bonus reminder of evidence purge ("a written email Google actually preserved"). /2

Vidushi Dyall /
@vidushi_law: Oh boy, it's finally a wrap of Day 1 DOJ v. Google II. They call it the rocket docket for a reason, and Judge Brinkema is wasting no time pushing this trial full steam. We heard from 4 witnesses already! It's day one but we are ahead of schedule. Breakdowns coming shortly.

Vidushi Dyall /
@vidushi_law: From 2008-2022, there has been 18x growth in digital ads In 2010, G got about 15% of that rev In 2022, it got 10% This is a sign of a health marketplace that is not in need of govt interference. It's also a market that is rapidly evolving.

Vidushi Dyall /
@vidushi_law: Next up was Andrew Casale, the president and CEO of Index Exchange, an exchange focused on the programmatic market aka automating ad transactions.

Vidushi Dyall /
@vidushi_law: G argued: https://1.it/'s innovations supercharged the market 2.Choices in ad tech tools have increased 3.G has helped grow the ad tech pie

Vidushi Dyall /
@vidushi_law: Google's opening statements countered the DOJ, saying this case was actually about a transformative innovation that G has invested heavily in to the benefit of itself, small publishers, and users who want free content and a free internet.

Daniel Hart /
@okayy_dan: Haha “word and tech salad.” A bit like “Just keep writing good content, and we'll catch up.” “The helpful systems are now baked into the core and applied broadly” “You can recover in a couple of weeks, no, I meant several... sorry, did we say anyone was going to recover?”

Lauren Feiner /
The Verge: Google and DOJ's ad tech fight is all about control

RELATED:
Washington Post: The US DOJ's case against Google's ad business may benefit Meta, Amazon, and news organizations that pay Google a cut of revenue for brokering their website ads

Discussion:

Matthew Barakat /
WKYC-TV: Google finds itself in another antitrust lawsuit — this time over its advertising technology

Thomas Barrabi /
New York Post: DOJ launches case against Google in historic trial over digital ad dominance, attorney warns of ‘unintended consequences’

Sacha Haworth /
@sachalouise: There are few close parallels of a single company dominating the buy side, sell side and the exchange of a market. “I don't think if that happened in, say, cars or steel, that it would take very long for [everyone] to say, 'Wait, something's wrong,'”. https://www.washingtonpost.com/ ...

Martin Peers /
The Information: Google's Antitrust Trial No. 2 Starts

Marta Biino /
Semafor: Google faces its next major antitrust test

Ashley Belanger /
Ars Technica: DOJ claims Google has “trifecta of monopolies” on Day 1 of ad tech trial

Francesca Micheletti /
Politico: Margrethe Vestager's legacy faces day of reckoning in Apple and Google rulings

Allison Schiff /
AdExchanger: DOJ vs. Google, Day One: Who's Testifying And Google's Main Arguments In Brief

Lara O'Reilly /
Business Insider: Inside the landmark Google adtech antitrust trial that could transform the $700 billion global digital ad market

Matthew Barakat /
Associated Press: Google keeps up to 36% of every ad sale it brokers, government says in antitrust lawsuit

Lee-Anne Mulholland /
The Keyword: Google competes by offering tools that deliver for both ad buyers and sellers

Semafor:

Former SI and The Players' Tribune executives launch OffBall, a site, newsletter, and social feed with curated sports news from social media and other sources— The Scoop — A new brand is hoping to provide a hub for the booming conversation around the culture of sports.

Discussion:

Kelly McLaughlin /
@kelmclaugh: I'm so excited to share @OffBall_News with you all! It's a project I've been working on for the last few months, and it has been a blast delving into all things sports and culture. Highly recommend checking out our homepage and socials and subscribing to our newsletter.

B.W. Carlin /
@baileycarlin: OffBall is a project that I have been super fortunate to have had early looks at and access to for a bit now. Let me tell you: It rules. Hard. Highly recommend following this page and keeping up with everything going on with the launch an dsite itself. Super sick

Chris Stone /
@lat_chrisstone: It's a big deal to me to be able to reconnect with my old @sinow colleague on this new journey, who brings so much talent and joy to everything he touches. Fired up for this reunion.

Chris Stone /
@lat_chrisstone: Before I left The @latimes in March, a Times friend told me 'Your next job shouldn't be the job you've always had.' Wise words! And affirmation of a decision I'd already made: After a long career at two great places to be a journalist, it was time for something different 🧵

Joe Pompliano /
@joepompliano: I've been enjoying the new website @OffBall_News. It's essentially a curated list of the top sports stories each day, but rather than an algorithm determining what makes the cut, humans pick each item. Sports has needed this for a long time: https://www.offball.news/ [image] @jacobfeldman4: Execs with ties to SI, Players Tribune and SpringHill just launched a new hub for sports coverage. Notably it's all off-field stories, rather than scores. You know I believe the future is curated experiences, so definitely curious to see how this develops. [image]

Sydney Bauer /
@femme_thoughts: This seems like sports by Brooks for 2024 and that's great except there are fewer sites than ever devoting to sports and culture coverage 🥰🥰

Philip Lewis /
@phil_lewis_: NEWS: A team of sports culture obsessives and leaders from across sports have launched a new homepage-driven platform called OffBall. The site aims to focus on the culture of sports—curated by real people, not algorithms or AI. https://www.offball.news/ [video] @offball_news: OffBall celebrates the culture of sports. Our homepage and newsletters are curated twice daily and give you the amazing stories, posts, and narratives in sports — the things we are all talking about in our group chats, happy hours, and cookouts. OffBall curates the best, most [video]

Michael J. Miraflor /
@michaelmiraflor: A new media entrant to the Anti-Algorithm Club™️ (seriously, they say so). Comeback season for curators. Revenge of the cultural gatekeepers 🫡 @OffBall_News

Boris Kachka /
@borisk: I have a low interest in sports but will follow this religiously because having worked with @LAT_ChrisStone at the LAT in its recent prime, I'll always like and subscribe to whatever he does.

Brendon Kleen /
Awful Announcing: Former Players' Tribune, L.A. Times, SpringHill execs launch new sports outlet ‘OffBall’

Bloomberg:

Audible plans to invite some US-based audiobook narrators to train AI on their voices, to clone the voices for recordings through a royalty-sharing model— The audiobook service is inviting some US-based narrators to train artificial intelligence on their voices

Discussion:
TechCrunch and The Verge, more at Techmeme »

Discussion:

Jess Weatherbed /
The Verge: Amazon is allowing Audible narrators to clone themselves with AI

Financial Times:

UK culture secretary Lisa Nandy is considering mutualizing the BBC, giving direct ownership to license-fee payers, as part of a review of funding options— Culture secretary Lisa Nandy says ‘nothing off table’ as government and broadcaster prepare for talks over funding

Discussion:
London Evening Standard

Discussion:

Adweek:

The WSJ offers advertisers a performance guarantee between Oct. 15 and Nov. 15 to dissuade them from pausing ad campaigns during the US presidential election— Some brands are going dark for the presidential election. WSJ has data to convince them otherwise.

Discussion:

Mia Lehmkuhl Libby /
Mia Lehmkuhl Libby on LinkedIn: Our data reveals that ads run during an election period on the Wall Street Journal significantly boost ad recall, brand research, and purchase intent. …

Chris Roush /
Talking Biz News: WSJ promising ad guarantee during election

Mark Stenberg /
Mark Stenberg on LinkedIn: New: The The Wall Street Journal is offering advertisers a performance guarantee for any ad campaign they run between Oct. 15 and Nov. 15—the two weeks before and after the presidential election. …

The Guardian:

Ofcom: internet replaced TV as UK's most popular news source; 71% of adults get news online, vs. 70% via TV; 52% use social media for news, up from 47% in 2023— Media regulator describes change as a ‘generational shift in the balance of news media’ — Online platforms have overtaken TV channels …

Discussion:
Advanced Television, Press Gazette, Financial Times, TechCrunch, Deadline, London Evening Standard and City A.M., more at Techmeme »

Discussion:

Bron Maher /
Press Gazette: Twice as many Brits got 2024 election news from TV as from social media, Ofcom finds

Daniel Thomas /
Financial Times: TV news overtaken by digital rivals for first time in UK

Ingrid Lunden /
TechCrunch: Online, led by social media, overtakes TV as the most popular source of news in the UK, Ofcom says

Max Goldbart /
Deadline: UK Hits Generational Landmark As Online News Consumption Overtakes TV For First Time — Ofcom Research

Charlotte McLaughlin /
London Evening Standard: Ofcom launches review after TV and online ‘on par’ as main source of news

The Guardian:

A writer who works for a tech company describes how he helps train AI models how to write, by making up pretend responses to hypothetical chatbot questions— Journalists and other writers are employed to improve the quality of chatbot replies. The irony of working for an industry …

Discussion:
Mark Little on LinkedIn

Press Gazette:

Newsquest reaches 100K paid digital subs four years after launching a soft paywall across most of its UK regional news sites, bringing in £500K+ per month— Newsquest has reached 100,000 paid digital subscribers four years after first launching a soft paywall across most of its biggest regional news websites.

Discussion:

Paddy Davitt /
Paddy Davitt on LinkedIn: 👏 Thank you to all our Pinkun subscribers. Old and new. We've had a phenomenal take up around our exclusive coverage …

Vincent Boni /
Vincent Boni on LinkedIn: Delighted to hear the news this morning that Newsquest have just exceeded 100,000 paid digital subscribers. …

Toby Granville /
Toby Granville on LinkedIn: Hot on the heels of our outstanding newspaper sales performance, I'm delighted to share that Newsquest had a double celebration in August …

The Verge:

Q&A with Mike Krieger on his new role as chief product officer at Anthropic, co-founding and selling news app Artifact, copyright issues, AI content, and more— Anthropic's new chief product officer on the promise and limits of chatbots like Claude and what's next for generative AI.

CNN:

The Washington Post launched a redesigned homepage last week and plans “several” enhancements; reporters and editors have long complained about its dated nature— New York CNN — — The Washington Post is trying to fix one of its biggest problems: an outdated homepage loathed by its own staff.

Discussion:
@fletchtopper, @brianstelter, @jakewilkns and @patrickdehahn

Discussion:

Fletcher Keel /
@fletchtopper: I kind of like the WP's home page 🤷 ♂️ WP, NYT - I like that style of homepage, where you can tell it's a newspaper. All WP really needs to do is turn their landscape stories portrait so you can see more at once and it's golden

Brian Stelter /
@brianstelter: As first reported in this morning's Reliable Sources newsletter... Washington Post is trying to fix one of its biggest problems: an outdated homepage loathed by its own staff. More changes TK. Full story here: https://www.cnn.com/...

Jake Wilkins /
@jakewilkns: 👀 Meanwhile, @axios just launched a completely revamped website and i think it looks amazing. Check it out: https://axios.com/ [image]

Patrick deHahn /