Top News:
Wall Street Journal:
eMarketer: Google's share of the US search ad market is expected to drop below 50% in 2025 for the first time in 10+ years, as Amazon, TikTok, and others rise — A flurry of new offerings for advertisers is hitting the market — Google's grip on the nearly $300 billion search advertising business is loosening.
Discussion:
@carnage4life@mas.to, @pkedrosky, @aravsrinivas, @aepstein_, Aravind Srinivas on LinkedIn, @ashkan, AdExchanger and Adweek, more at Techmeme »
Matthew Jordan / The Conversation:
As Congress tries to force carmakers to install AM radios as a matter of public interest, it should push licensed stations to abide by public interest standards — A lament about the demise of AM radio has been rising in the halls of Congress. — Several automakers, most notably Tesla and Ford …
Discussion:
RADIO ONLINE, Inside Radio and Radio Ink
Trip Gabriel / New York Times:
Former NYT investigative reporter David Burnham, whose work uncovering corruption in the NYPD during the 1970s inspired the movie Serpico, dies at the age of 91 — Tipped off by the detective Frank Serpico, he wrote an explosive series on police corruption in New York City, sparking an investigation by the Knapp commission.
Discussion:
@schwellenbach, @sergenyt, @proflhunter, @carlmalamud@official … and Deadline
Victoria Gomelsky / New York Times:
Watches of Switzerland Group, one of the world's largest watch retailers, acquires the watch enthusiast website Hodinkee, says coverage will remain independent — Neither Benjamin Clymer, its founder, nor the Watches of Switzerland Group would disclose terms, but they stressed that coverage would continue to be independent.
Discussion:
The Mirror, MarketWatch, @hiddenvaluegems, @etkeld, @robbreport, @aspeciale, @kstahl, Fortune, @penttijokinen, London Evening Standard, Forbes Australia, @will__stern, @reb40, @ilyakan2004, City A.M., @rafat, @cllctmedia, Bloomberg, cllct, Hodinkee, Daniela Morena on LinkedIn, Benjamin Clymer on LinkedIn, Lorcan McCabe on LinkedIn, Katie Reed on LinkedIn, Adam Schoenberg on LinkedIn and Coverager
Kurt Wagner / Bloomberg:
Meta unveils Movie Gen, which creates up to 16-second videos from a text prompt, available to some staff and partners; Meta plans to add it to its apps in 2025 — Movie Gen tool can create short videos from a text prompt — Facebook parent Meta Platforms Inc. debuted a new artificial intelligence tool …
Discussion:
Meta, Reuters, Andrew Weld-Moore on LinkedIn, Mike Hollander on LinkedIn, Siddharth Bhattacharya on LinkedIn, @jimclydego, @soumithchintala, @dr_cintas, @prashant_1722, @ahmad_al_dahle, @koltregaskes, @prashant_1722, @nearcyan, @kimmonismus, @reece___rogers, @arankomatsuzaki, @soumithchintala, @prashant_1722, @_akhaliq, iPhone in Canada Blog, AV Club, ZDNET, MediaPost, Ars Technica, Financial Times, CNET, The Information, Digital Trends, The Wrap, Variety, Neowin, The Verge, New York Times, @aaldahle@threads.net, @jakebailey@threads.net, @aiatmeta@threads.net, @evolving.ai@threads.net, @chriscox@threads.net, Wired and TechCrunch
Emma Roth / The Verge:
Mullenweg says WordPress.org “belongs to me personally”, as his WP Engine feud blurs the lines between WordPress.org, the WordPress Foundation, and Automattic — The lines between the WordPress open-source project, the nonprofit backing it, and the commercial arm owned by Automattic are blurring.
Discussion:
@vwbusguy@mastodon.online, @mattbeck, @evadevalk, @heatherbragg, @alchemyunited, CNBC, @jpd@threads.net, @younelan@threads.net, @robz@toot.robzazueta.com, The Register, Reclaim The Net, Kellie Peterson, Matt Mullenweg, MEDIANAMA, TechCrunch, Automattic and Ars Technica, more at Techmeme »
ProPublica:
Sources and records: Trump Media has forced out its COO, CPO, and other executives after internal allegations that CEO Devin Nunes is mismanaging the company — Several people involved with the former president's company, operator of Truth Social, believe the departures …
Georg Szalai / The Hollywood Reporter:
An interview with ex-NBCUniversal executive Evan Shapiro on why streaming is a “shitty” business, Netflix ads, and why Hollywood must band together to thrive — After an Iberseries & Platino Industria keynote, the “media universe cartographer” explains why streaming is a “sh**ty” …
Discussion:
@tvgrimreaper
Ben Cohen / Wall Street Journal:
A look at Google NotebookLM's Audio Overview feature, which was built by Google Labs and has gone viral for its AI-generated “deep dive” podcasts with two hosts — With this Google tool, you can now listen to a show about any topic you could possibly imagine. You won't believe your ears.
Discussion:
@ambermac, @cnbctechcheck, @ericjorgenson, @stevenbjohnson, @omarsar0, @karpathy, @omartosca, @davetroy, @elonmusk, @firstadopter, @stevenbjohnson, @karpathy, @karpathy, Barron's Online, Axios, MIT Technology Review, Forbes, MIT Technology Review and Hard Fork on YouTube, more at Techmeme »
Dade Hayes / Deadline:
Filing: Nexstar cuts its chief revenue officer position, and CRO Michael Strober will leave the company on October 30; he was hired after Nexstar bought The CW — Nexstar Media Group, which hired Turner veteran Michael Strober as EVP and Chief Revenue Officer in 2022, has eliminated his position.
Discussion:
Radio & Television …, The Desk, TVNewsCheck and Variety
Ashley Belanger / Ars Technica:
YouTube says it fixed an issue that appeared to affect thousands of accounts, incorrectly flagging channels as spam, removing them, and disabling subscriptions — YouTube confirmed Friday that a bug mistakenly removing seemingly thousands of accounts wrongly marked as sharing spam and deceptive content was finally fixed.
Karen Raugust / Publishers Weekly:
Penguin renews its master publishing deal with BBC Studios for Bluey books; the books have sold 20M+ copies in 22 languages worldwide, including 8.5M in the US — Penguin has renewed its master publishing deal with BBC Studios for the hit preschool animated series Bluey.
Discussion:
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