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- Thursday 28th September: US billionaire in talks with GB News co-owner over Telegraph bid
Thursday 28th September: US billionaire in talks with GB News co-owner over Telegraph bid
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It’s a rollecoaster over at GB News. On the day that the channel suspended presenters Lawrence Fox and Dan Wootton over a ‘misogynistic on-air rant’ about a female journalist, it has also emerged that boss Paul Marshall is in discussions with a very rich American to put together a bid for The Telegraph.
The Guardian is reporting that billionaire Ken Griffin, founder of the Citadel hedge fund, is in discussions to join a group of investors led by Marshall, co-owner of GB News and London-based hedge fund Marshall Wace. Chalk one up for media plurality.
It’s easy to look at the on-air antics of the GB News crew and dismiss them as unserious, fringe players, forever cocking-up in a field they are painfully underqualified to work in. But when super-serious hedge-fund billionaires start talking to each other about money, we should all be paying very close attention.
Google will officially shut down its Google Podcasts app in 2024 following increased investment in podcast tools and features on YouTube Music. By the end of this year, YouTube plans to complete its global rollout of podcast listening and hosting tools, including importing podcasts via RSS feeds instead of requiring creators to upload their shows as videos. We still manage to avoid video podcasts.
From our community forum: We’re asking the question “Are sales people just money monkeys?” at the Grub Street Journal. The answer is clearly, 'NO!' but tell us why on the forum.
I love this story. We talk about media literacy, or the lack thereof, a lot. This sort of grassroots action from a Gen Z print advocate is exactly what print media needs and publishers could do worse than read what Kelsey Russell thinks makes a good story. Now, if only there was a Facebook-literate Boomer ready to take on the challenge of re-educating older news avoiders to the benefits of print.
European Commission Vice President Vera Jourova has called out the social network formerly known as Twitter, saying Musk is ‘not off the hook’ just because his company dropped out of the EU's 2022 Code of Practice on Disinformation. A Commission study of six online platforms in Poland, Slovakia and Spain that found Twitter has the highest discoverability of disinformation and the highest number of bad actors.
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