Unionized editorial workers at LexisNexis-owned Law360 go on strike after failing to reach an agreement on a new contract; the union represents ~250 people (Chris Roush/Talking Biz News)

Mediagazer: Unionized editorial workers at LexisNexis-owned Law360 go on strike after failing to reach an agreement on a new contract; the union represents ~250 people (Chris Roush/Talking Biz News)

Top News:

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: New Statesman, The Independent, @frasernelson, Spectator, @afneil, London Evening Standard, BBC, Bloomberg, @peterjukes, @ian_fraser, @peterjukes, The Spectator Australia, @danwootton, Bloomberg, Reuters, @semaforben, @aphclarkson, @jamesrbuk, @notthatbigian, London Evening Standard, @colinbraziertv, Press Gazette, @sangitamyska, @peterjukes, @rowandean, @twlldun, @nfmusic, The i Paper, @montie, @lefoudubaron, @jdportes, @aphclarkson, Irish News, Sky News, @mattwridley, @peterjukes, Telegraph, @semaforben, @danielthomasldn, New York Times, The Guardian, White \u0026 Case, The Times and Guido Fawkes

Discussion:

Alison Phillips /
New Statesman: Is Paul Marshall challenging Rupert Murdoch's media empire?

Alex Croft /
The Independent: Andrew Neil steps down as Spectator chair after £100m sale to GB News investor finalised

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/ ...

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

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

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

Henry Saker-Clark /
London Evening Standard: The Spectator: Who is new owner Sir Paul Marshall?

Peter Jukes /
@peterjukes: Siri. Give me an example of how cheaply you can buy the British intelligentsia

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: 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.”

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]

Paul Sandle /
Reuters: Britain's Paul Marshall buys The Spectator magazine

Ben Smith /
@semaforben: A domestic owner with populist right politics, after the government blocked foreign ownership ....

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...

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.

Henry Saker-Clark /
London Evening Standard: GB News backer Sir Paul Marshall buys The Spectator magazine for £100m

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.

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

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?

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

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

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 @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

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..

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

Sarah Taaffe-Maguire /
Sky News: Spectator magazine finally sold to GB News investor Sir Paul Marshall

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”

James Warrington /
Telegraph: GB News owner Paul Marshall completes £100m deal for The Spectator

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/...

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 White \u0026 Case: White & Case advises Sir Paul Marshall and Old Queen Street Ventures Limited on acquisition of The Spectator magazine

Helen Cahill /
The Times: Paul Marshall buys Spectator for £100m

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:
@mediareformuk and London Evening Standard

Discussion:
@mediareformuk: Encouraging that @lisanandy is looking into mutualising the BBC as part of funding reviews. For too long the public have been treated as passive consumers & our investment treated as ‘venture capital’ for an increasingly commercialised service. https://www.ft.com/...

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:
Business Insider, Ann Blinkhorn on LinkedIn, Axios, Press Gazette, TVNewsCheck, @ajs, @bipressroom, @bristei, @corbinbolies, @benmullin, @hadas_gold, @maxwelltani, @dylanbyers, @realrobcopeland, Reuters, @alexheath@threads.net, Nicholas Carlson on LinkedIn, Adweek and @howelloneill.bsky.social

Discussion:

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

Ann Blinkhorn /
Ann Blinkhorn on LinkedIn: Congratulations Jamie Heller on joining Business Insider as Editor in Chief! Our firm is delighted to have partnered with BI in recruiting Jamie to this key leadership role. …

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

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/ ... @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

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

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]

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

Dylan Byers /
@dylanbyers: Scoop @PuckNews: Business Insider has hired its next Editor-in-Chief: Jamie Heller, currently business editor at The Wall Street Journal. @JamieHeller

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

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. …

Brad Pareso /
Adweek: WSJ's Jamie Heller Named New EIC of Business Insider

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, @timkendall_path, @niemanlab, @rosenzweigjane and @martyswant

Discussion:

Mark Little /
Mark Little on LinkedIn: “It is like being paid to write in sand, to whisper secrets into a slab of butter. Even if our words could make a dent, we wouldn't ever be able to recognise it.” …

Tim Kendall /
@timkendall_path: A clear explanation of AI's voracious thirst for human created content and knowledge. That demand is generating work for human creators, and may never be slaked. Humans are always needed and not replaced. The same may be true of computational pathology. https://www.theguardian.com/ ... @niemanlab: “Instead of using these grandiloquent chatbots to automate us out of our livelihoods, tech companies are contracting us to help train their models.” “https://www.theguardian.com/ ...

Jane Rosenzweig /
@rosenzweigjane: Here's the piece, in which @jackapollo1 describes “a new economic phenomenon that rewards writing, that encourages it, ...all while simultaneously deeming it an encumbrance, a problem to be solved, an inefficiency to be automated away.” https://www.theguardian.com/ ...

Talking Biz News:

Unionized editorial workers at LexisNexis-owned Law360 go on strike after failing to reach an agreement on a new contract; the union represents ~250 people— The unionized editorial workers at LexisNexis-owned Law360 went on strike at midnight after the union was able to reach an agreement on a new contract with management.

Discussion:
The NewsGuild, @claire_bushey, @law360union, @fakebenjay, @newsguild, @law360union and The NewsGuild

Discussion:

Dylan Manshack /
The NewsGuild: Newsletter: We're on strike at Law360!

Claire Bushey /
@claire_bushey: I used to cover the legal beat. Journalists @Law360 do great work, and lawyers read them all the time. But going forward, please refrain. As of today, @law360union is on strike. Don't click on the website, don't open the newsletters. Show that company who does the work. @law360union: STRIKE ALERT, @law360 and @LexisNexis: We have been saying for months that we were strike-ready. Today we're proving it. We are on a ULP strike. Read more here. #verdictisin #Law360Strike [image]

Ben Jay /
@fakebenjay: Thrilled to launch @law360union's strike publication - Outlaw360: Strike Authority! This is the place to go for strike updates and coverage of the stuff you'd normally go to Law360 for (don't cross the digital picket!). We're at https://outlaw360.org/ https://law360guild.org/ @newsguild: 🚨 We're on strike at @law360union! 🚨 @Law360 laid off 10% of our Guild-represented staff and violated U.S. labor law — right after LexisNexis boasted record revenue. We're holding power to account and on the picket line today!✊ Sign the pledge: https://newsguild.org/law360 [video]

@law360union:
TIME'S UP @Law360 and @LexisNexis: We've offered you plenty of opportunities to reach a fair contract and remedy your unlawful practices at the table but tonight, just after midnight, we will walk off the job on an open-ended ULP strike. [image]

Second Rough Draft:

An interview with The Minnesota Star Tribune CEO Steve Grove on the newspaper's reboot, becoming a “paper of relevancy”, ending political endorsements, and more— From paper of record to paper of relevancy … RT: So, Steve, you announced five focus areas for your coverage …

Discussion:
@grove

Discussion:

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:
Publishers Weekly, ACX, TechCrunch and The Verge

Discussion:

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

The Guardian:

Ofcom: the internet has replaced TV as UK adults' most popular news source; 71% get news online, 70% via TV, and 52% via social media, 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:

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

Julian Clover /
Broadband TV News: Online erodes television's command of news

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

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

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

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.

The Guardian:

A UK inquest finds “insufficient evidence” to rule that a man's suicide was due to a 2019 appearance on the Jeremy Kyle Show, which was subsequently canceled— Coroner finds ‘insufficient evidence’ that appearance on ITV show led Steve Dymond to take his own life

Discussion:
BBC, London Evening Standard and Irish News

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:

Feven Merid /
Columbia Journalism Review: L.A. Local News Initiative launches American Journalism Project: Media leaders and philanthropists join forces to revitalize local news in Los Angeles @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/...

Variety:

Jorge Ramos, one of the best-known Spanish-language TV journalists in the US, plans to leave Univision at the end of 2024— Jorge Ramos, a news anchor who is perhaps the best-known Spanish-language TV journalist in the United States and who has grilled top politicians and covered top world events …

Discussion:

Adam Jacobson /
Radio & Television Business Report: Acclaimed Univision News Anchor Jorge Ramos To Depart

Caitlin Huston /
The Hollywood Reporter: Jorge Ramos to Exit Univision at End of Year

Nando /
@nandorvila: I used to work with Jorge Ramos at Univision and he is a a man of integrity and humility. Hard to overstate how big of a deal this is.

Jonathan Tannenwald /
@thegoalkeeper: Wow. First the end of the U.S.-based sports department, now this. Rough waters these days for Univision.

Michael Scherer /
@michaelscherer: Jorge Ramos, the most influential news anchor in Spanish-language U.S. media is leaving this year, after publicly criticizing how the network interviewed Trump. https://www.newyorker.com/...

Dylan Byers /
@dylanbyers: News: Jorge Ramos is leaving Univision https://corporate.televisaunivision.com / ...

Brian Steinberg /
@bristei: Jorge Ramos, the Univision news veteran who is perhaps the best-known Spanish-language anchor in the U.S., will exit his current job at the end of 2024 https://variety.com/... via @variety

Carlos Lozada /
@carlosnyt: Jorge Ramos is leaving Univision⁩ after the 2024 election, following 40 years with the network and leaving “an indelible mark on Hispanic journalism.” https://corporate.televisaunivision.com / ...

Sara Fischer /
@sarafischer: Another big shakeup in the broadcast world - Jorge Ramos, probably best known Spanish language TV news anchor in America, is leaving @Univision at the end of the year https://variety.com/...

Evan DeSimone /
@mediaevan: Feels like a pretty significant departure for Univision. https://corporate.televisaunivision.com / ...

Isabela Espadas Barros Leal /
NBC News: Jorge Ramos, one of America's most consequential Latino journalists, is leaving Univision

Brad Pareso /
Adweek: Jorge Ramos to Depart Noticias Univision

Tomás Mier /
Rolling Stone: Legendary Mexican Journalist Jorge Ramos Will Leave Univision After 40 Years

Jon Lafayette /
Next TV: News Anchor Jorge Ramos Leaving Univision At Year End

Stephen Battaglio /
Los Angeles Times: Univision news anchor Jorge Ramos will exit network at the end of the year

Nick Caruso /
TVLine: Jorge Ramos Exiting Univision by Year's End

Armando Tinoco /
Deadline: Jorge Ramos To Exit Univision By The End Of 2024 After 40 Years

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— Federal prosecutors are seeking a divestment of Google's multibillion-dollar online advertising business, saying its monopoly power harms advertisers and publishers.

Discussion:

Ari Paparo /
The Monopoly Report: US et al v Google: Day 1

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 Associated Press: Google faces another antitrust trial a month after its search engine was declared a monopoly

Nick Robins-Early /
The Guardian: Google's second antitrust suit brought by US begins, over online ads

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

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

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

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

RELATED:
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

Discussion:

Samuel Stolton /
Bloomberg: Apple, Google Defeats to Fuel EU's Crackdown on Big Tech

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 @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

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

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 the DOJ's ad tech fight is all about control

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

David McCabe /
New York Times: U.S. Argues Google Created Ad Tech Monopoly

Marta Biino /