Top News:
Press Gazette:
Jeff Zucker's RedBird IMI says it will take control of the Telegraph and Spectator after agreeing to a loan of £600M to repay debts owed by the Barclay family — Abu Dhabi-backed investment fund RedBird IMI has said it is set to take control of the Telegraph and Spectator publications …
Discussion:
Mediaite, Telegraph, Bloomberg, @beerg, @janemartinson, Sky News, New York Post, Financial Times, @markkleinmansky, @markkleinmansky and The Guardian
RELATED:
Bloomberg:
Sources: senior UK ministers, including the business minister and security minister, raised concerns about the possibility of foreign ownership of the Telegraph — - Badenoch, Tugendhat raise worries with Media Secretary Frazer — Lloyds seized the Telegraph titles in June to claw back debts
Discussion:
Financial Times, @ianjsilvera, The Guardian, @alexwickham, @simontilford, City A.M. and @tw_seal
Forbes:
Sources: ad executives told Linda Yaccarino that she is risking her reputation and should step down as X's CEO to make a statement about racism and antisemitism — In the aftermath of IBM, Disney, Apple and others pausing spending on X, formerly known as Twitter, top advertising executives …
Discussion:
Axios, @elonmusk, The Verge, Ad Age, Mediaite, Vanity Fair, @kerrymflynn, The Register, TechCrunch, Media Voices, 9to5Mac, Business Insider, The Wrap, @johnpaczkowski, New York Post, TIME, Alex Konrad on LinkedIn, @voxexsinister.bsky.social, @carnage4life@mas.to, @joelmathis.bsky.social, New York Times, The Messenger, CBS News, The A.V. Club, Variety, Supercharged, The i Paper, The Hollywood Reporter, KNSD-TV and Search Engine Land
RELATED:
Sharon Knolle / The Wrap:
X files a defamation lawsuit against Media Matters, claiming it “knowingly and maliciously” misrepresented the amount of antisemitic content on the platform — Musk says the watchdog org “would not let truth get in the way of a story” — Elon Musk has followed through …
Matt Binder / Mashable:
After big advertisers flee X, right-wing media outlets and influencers pledge to buy ads or donate, like Benny Johnson, Andrew Tate, Gavin McInnes, Babylon Bee — So far, they are at least hundreds of millions of dollars short on making up for X's potential lost revenue. … Disney.
Max Tani / Semafor:
Sources: Linda Yaccarino asked her son and X executive Matt Madrazo to reach out to GOP ad spenders; X aims for $100M in political ads during the 2024 elections — The Scoop — Linda Yaccarino, the CEO of X, formerly Twitter, has turned the service's Hail Mary bet on an imagined $100 …
Discussion:
Variety, @walthickey, Financial Times, @maxwelltani, @davidfrum, @chrisharihar, @jhweissmann, @jsrailton, @nsnadeemsarwar, Bloomberg and The Information
Caitlin Huston / The Hollywood Reporter:
In a note to employees, Linda Yaccarino says the Media Matters report about ads on X is “misleading” and that X is in the midst of battling “deceptive attacks”
Discussion:
New Yorker, The Information, Reuters, TechCrunch, Axios, CNN, @digitalshields, @rmac18, Variety, The Messenger, The Hill, Washington Post, Financial Times, Mediaite, Wired, Business Insider, The A.V. Club, Awful Announcing, CBS News, New York Post and The Verge
Jonathan Vanian / CNBC:
Warner Bros. Discovery, Paramount Global, Lionsgate, and Comcast suspend ads on X, joining other media and tech companies
Discussion:
Rolling Stone, NBC 7 San Diego, The Hill, Daily Bulletin, New York Post, The Forward, PRWeek, Business Insider, The Guardian, @mattgertz, @mattbinder, Boing Boing, prima donna …, CNN, Music Ally, @sherman4949, @sherman4949, New York Times, Euractiv, Deadline, Washington Post, Variety, The Desk, Axios, @atomicgiant.bsky.social, @jasondashbailey.bsky.social, Kris Lichter on LinkedIn, The Information, MediaPost, @pallenberg@mastodon.social, Futurism, The Wrap, Variety, Business Insider, NPR, New Republic, Lawyers, Guns & Money and TechCrunch
Vicky Ge Huang / Wall Street Journal:
Crypto exchange Bullish, run by a former NYSE president, acquires CoinDesk for an undisclosed sum in an all-cash deal; DCG acquired CoinDesk for $500K in 2016 — CoinDesk says former Wall Street Journal Editor in Chief Matt Murray will chair an independent editorial committee
Discussion:
The Information, NBC 7 San Diego, @barrysilbert, Axios, CoinDesk, @perkinscr97, @keithgrossman, @leomschwartz, The Verge, @kerrymflynn, Cointelegraph, @barrysilbert, @raph_bloch, @caseycraig_, Sara Stratoberdha Stiefler on LinkedIn, Casey Craig on LinkedIn and The Messenger, more at Techmeme »
The Verge:
Epic v. Google: a Google exec confirms that Spotify pays no commission when users buy subscriptions via Spotify's payment system and 4% when they pay via Google — Music streaming service Spotify struck a seemingly unique and highly generous deal with Google for Android-based payments …
Justin Baragona / The Daily Beast:
Sources: Fox News quietly rehires Greg Wilson, who was responsible for the debunked Seth Rich story in 2016, to oversee its website as a weekend managing editor — In this week's edition of Confider, we reveal how Fox News has quietly brought back the editor who pulled the trigger on it disastrous, conspiracy-stoking report.
Discussion:
@justinbaragona
Reuters:
Belal Jadallah, who led the board of the Press House-Palestine, and two freelance journalists were killed in Gaza over the weekend, per relatives — The head of a prominent media institution in Gaza and two other journalists were killed during the weekend in Israel's offensive in the territory …
Charlotte Tobitt / Press Gazette:
UK-based Global and US-based iHeart Media plan to license and distribute each other's podcasts in their home markets; Global signed an ad deal with The Athletic — Global and iHeart Media will license and distribute each other's podcasts in their home markets.
Steven Waldman / Poynter:
In addition to creating local news websites, outlets need to embed reporters in Nextdoor and Facebook local groups to “walk the beat” and get story ideas — Its reach is on par with, if not greater than, US newspapers. Instead of harrumphing its lack of journalistic standards, why don't we embed reporters?
Congress Editor, DC — 
China Night News Reporter, London — 
Senior Reporter, DC — 
Senior Editor - Styles, NY — 
Part-time Editor, Remote — 
Home & Travel Reporter - Ireland — 
Assistant Digital Editor, MA — 
South Reporter, GA/Remote — 
Executive Ed. - News, CA — 
Middle East Editor, Remote — 
Private Capital Reporter, London — 
Reporter - Police Beat, OR — 
Articles Editor, CA — 
Harrisburg Reporter, PA — 
Metro Reporter, TN — 
Higher Ed. Reporter, Remote CA — 
Sustainability Editor, Brussels — 
Tech Reporter, CA — 
Investigations & Enterprise Ed., WI — 
Social Strategy Editor, NY — 
Business Reporter, TX — 
Senior Narrative Editor, CA — 
News Correspondent, MS — 
Accountability Reporter, NC — 
Freelance Reporter - L.A. Education, CA — 
Associate Editor, London — 
Writer/Editor, Remote — 
Political Reporter, TX — 
Afternoon/Night Editor, NH — 
Education Lab Editor, WA — 
Staff Writer, MA/Remote — 
State Worker Reporter, CA — 
Reporter, NC — 
