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 (Mark Stenberg/Adweek)
Mediagazer: 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 (Mark Stenberg/Adweek)
Top News:
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:
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
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
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?”
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: 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.
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: Next up was Andrew Casale, the president and CEO of Index Exchange, an exchange focused on the programmatic market aka automating ad transactions.
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/...
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— Federal prosecutors are seeking a divestment of Google's multibillion-dollar online advertising business, saying its monopoly power harms advertisers and publishers.
Discussion:
Martin Peers /
The Information: Google's Antitrust Trial No. 2 Starts
Lee-Anne Mulholland /
The Keyword: Google competes by offering tools that deliver for both ad buyers and sellers
Matthew Barakat /
WXIA-TV: Google finds itself in another antitrust lawsuit — this time over its advertising technology
Matthew Barakat /
Associated Press: Google keeps up to 36% of every ad sale it brokers, government says in antitrust lawsuit
Thomas Barrabi /
New York Post: DOJ launches case against Google in historic trial over digital ad dominance, attorney warns of ‘unintended consequences’
Nick Robins-Early /
The Guardian: Google's second antitrust suit brought by US begins, over online ads
Lara O'Reilly /
Business Insider: Inside the landmark Google adtech antitrust trial that could transform the $700 billion global digital ad market
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/ ...
Allison Schiff /
AdExchanger: DOJ vs. Google, Day One: Who's Testifying And Google's Main Arguments In Brief
Sabrina Quagliozzi /
The Media Leader: Google's antitrust trial over online advertising begins today
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
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:
Ray Schultz /
MediaPost: Jamie Heller Named EIC Of ‘Business Insider’
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/ ...
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]
Hadas Gold /
@hadas_gold: Here's BI CEO Barbara Peng's email to staff about @JamieHeller joining as editor-in-chief [image]
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 🧵 OffBall on Instagram: 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. …
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.
New York Times:
Insiders detail how Bob Iger undermined and outmaneuvered Bob Chapek and returned to power at Disney, as the question of how Iger misjudged Chapek still lingers— At 5 p.m. on Feb. 25, 2020, Bob Chapek and Bob Iger settled into matching directors' chairs on the Disney studio lot for a series of live media interviews.
Discussion:
Fortune, @nbj914, New York Post, @deadlinedominic, @thekingmob, @c_garthwaite, @nickwingfield, @kamaron, @jayshams, Brian Salsberg on LinkedIn, @annmlipton, @nick_field90, @drnelk, @deggans, @tomaxwell, @grahamstarr, Vyla Rollins on LinkedIn, Ian Whittaker on LinkedIn, Business Insider, @conorsen, The Ankler, @editorialiste, @dannygroner, Craig Garthwaite on LinkedIn and Mike Dudas on LinkedIn
Discussion:
Fortune: Steve Jobs told Bob Iger not to stay too long at Disney so that he would still have time to enjoy life
Nick Jackson /
@nbj914: “For a company that bills its theme parks as the ‘Happiest Place on Earth,’ Disney's corporate headquarters have long been anything but — a hotbed of intrigue and power struggles.” https://www.nytimes.com/...
Ariel Zilber /
New York Post: Bob Iger was called an ‘assassin’ by ex-Disney CEO Bob Chapek — whose wife griped he was Iger's ‘lapdog’: report
Dominic Patten /
@deadlinedominic: So many OTR hands in @nytimes piece by James Stewart & Brooks Barnes Great read of SDE egos ("Did you see my new yacht design?") & laughable incompetence, but chilling if you think you might be next in line to run @Disney (HINT: He can't let go) https://www.nytimes.com/...
James Denman /
@thekingmob: It's a long read, but it's also sort of essential in the strange dynamics at play in huge organizations. The role of EQ vs IQ, and of course, pettiness (from all involved) to rival Succession. https://www.nytimes.com/...
Craig Garthwaite /
@c_garthwaite: We don't pay enough attention to the role that corporate boards are supposed to play. It is hard to read this article as anything other than a damning condemation of Disney's board and their failures to manage this succession. https://www.nytimes.com/...
Nick Wingfield /
@nickwingfield: Chill, Mrs. Chapek. https://www.nytimes.com/... [image]
Kamaron Leach /
@kamaron: some incredulous, detailing accounts of the corporate battle for power at Disney a couple years back. the story often occurring but rarely uncovered at many of world's top companies. a solid read in the nytimes this morning https://www.nytimes.com/...
Jacob Shamsian /
@jayshams: This is what a blockbuster news story looks like https://www.nytimes.com/...
Brian Salsberg /
Brian Salsberg on LinkedIn: This very detailed (and long) account about the CEO succession at Disney is one of the most interesting business stories I have read in a while. … @annmlipton: I'm reading this expose on Chapek's tenure at Disney and ... this is so baffling? He didn't ... know the numbers? Didn't ask precisely what they were? https://www.nytimes.com/... [image]
Nick Field /
@nick_field90: Safra Catz - Oracle CEO, Disney board member and Trump donor - told Bob Chapek that if he allowed the animated film Strange World to have a gay teenage character she'd have him fired https://www.nytimes.com/... [image]
Dov /
@drnelk: Is there even a point to reading Disney history if @jenbegakis didn't write it? https://www.nytimes.com/... @deggans: For media nerds, the NYTimes has a super-detailed story on how Disney CEO Bob Iger ignored people who told him not to pick Bob Chapek as his successor, then regretted the decision and got his job back. Likely to make choosing a new successor even tougher. https://www.nytimes.com/...
Thomas Maxwell /
@tomaxwell: Just when you thought we were done hearing about Bob Iger's coup against Chapek 👀👀https://www.nytimes.c om/ ...
Graham Starr /
@grahamstarr: Lots of really incredible, bonkers details in this @JamesStewartNYT @brooksbarnesNYT mammoth about the Iger/Chapek succession feud. Worth your time. https://www.nytimes.com/...
Vyla Rollins /
Vyla Rollins on LinkedIn: It's not often one has an opportunity to review such a detailed “exposé” on how the concepts of governance and board dynamics can play out in a high profile organisation. …
Ian Whittaker /
Ian Whittaker on LinkedIn: Fascinating article on the power struggle between Bob Chapek and Bob Iger at #Disney. Good to hear Bob Iger disliked doing analyst calls …
Kwan Wei Kevin Tan /
Business Insider: Before his death, Steve Jobs told Bob Iger to retire from Disney and try to enjoy the good things in life: report
Conor Sen /
@conorsen:
Sean McNulty /
The Ankler: ☀️'Beetlejuice' Boom Keeps Box Office on a Roll
Andrew Nusca /
@editorialiste: what a story about Disney. an incredible mess. https://www.nytimes.com/...
Danny Groner /
@dannygroner: “From the outset, as Disney's C.E.O., Mr. Chapek faced daunting challenges beyond his control: the onset of a global pandemic, upheaval in an industry being transformed by streaming and the overt hostility of a much admired and still-powerful predecessor.” https://www.nytimes.com/...
Craig Garthwaite /
Craig Garthwaite on LinkedIn: Corporate boards are not simply supposed to be a rubber stamp for CEOs, regardless of how successful their tenure has been. …
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
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:
Nathan Jolly /
Mumbrella: The Australian hikes subscription prices: ‘We do not take this decision lightly’
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 …
CNBC:
Some creators move from unpredictable algorithm-driven platforms to subscription services; YouTube group The Try Guys launched 2nd Try, a $5/month streamer— The Try Guys, one of YouTube's most established creator groups, have successfully abandoned their reliance on Google's algorithms …
Discussion:
@sameoldcircuit and TechCrunch
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, @patrickdehahn, @jakewilkns and @brianstelter
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
Patrick deHahn /
@patrickdehahn: Homepages still matter. Signed, a homepage editor
Jake Wilkins /
@jakewilkns: 👀 Meanwhile, @axios just launched a completely revamped website and i think it looks amazing. Check it out: https://axios.com/ [image]
Press Gazette:
UK's Pink News considers legal action against a now removed X account that criticized the way the brand is run; ex-staff voice support for the “whistleblower”— ‘Whistleblower’ Twitter account has disappeared - but ill feeling among some former staffers remains.
Discussion:
@mediaevan, @stevegrant67, @adamzx, @docphoenix and @djstewartwho
Discussion:
Evan DeSimone /
@mediaevan: News outlets suing leakers will never not be a bit ironic. https://pressgazette.co.uk/...
Steve Grant /
@stevegrant67: An average of nine stories a week? What the fuck did they do with the rest of their time? https://pressgazette.co.uk/...
Adam Bloodworth /
@adamzx: I've shared some of my feelings about working @PinkNews, including getting fired after coming out to my parents for taking the job. I imagined taking my parents to the awards etc, and the job becoming part of my lifestyle, but it didn't work out like that https://pressgazette.co.uk/...
Dr Phoenix CS Andrews /
@docphoenix: Pink News seem to think they'll come out on top. No https://pressgazette.co.uk/...
Reuters:
Indian news agency ANI sues Netflix for using “copyright archival footage of ANI without licence” and the ANI trademark, in a drama about a 1999 hijacking— Indian news agency ANI has sued Netflix Inc (NFLX.O) and producers of an Indian series about a plane hijack …
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:
Talking Biz News
Discussion:
Chris Roush /