The Financial Times / Laura Pitel, Arash Massoudi, and Ivan Levingston
Axel Springer and KKR near deal on €13.5 billion break-up →“A deal would enable Döpfner, who has served as CEO since 2002, to cement his control over the company’s media outlets. They include the US news sites Politico and Business Insider as well as the German tabloid Bild and its broadsheet sister Die Welt. Döpfner is expected to keep a minority stake in the classifieds division, which includes jobs platform StepStone and real estate advertising unit Aviv.”
Press Gazette / Dominic Ponsford
Four columnists quit Jewish Chronicle over standards, secrecy, and “bias” →“Four columnists have quit the Jewish Chronicle amid a crisis over its political direction, standards and ownership secrecy. The move follows the JC’s decision last week to delete all the articles written for it by freelance journalist Elon Perry. These included a claim, based on ‘intelligence sources’, that Hamas leader Yahya Sinwar was planning to smuggle himself and Israeli hostages out of Gaza and into Egypt. The story was based on a single anonymous source but helped to justify Israeli prime minister Benjamin Netanyahu keeping Israeli forces on the Gaza-Egypt border.”
The Financial Times / Henry Mance
Why GB News is angrier than ever →“The strange thing about going inside GB News is how little there is to go inside. The broadcaster has lived rent-free in the heads of many people, but, physically, it occupies just half the basement of a nondescript building near London’s Paddington station. Its floorspace is that of a large family home. The reception is also the kitchen. A sign reminds staff that any mugs with unfaded logos should be saved for presenters to use when on air.”
Reuters Institute for the Study of Journalism / Gretel Kahn
X has been blocked in Brazil. Does it matter for journalism? →“Núcleo [is] an investigative outlet that focuses on covering the societal impact of social networks and AI. When the site started in 2020, over 16% of their traffic came from X, then known as Twitter. After Musk acquired the platform in 2022, their X traffic more than halved to 8.6%. By the time the platform was blocked in Brazil, only 3% of their traffic came from this platform. Núcleo’s Executive Director Sergio Spagnuolo says they actually made the decision to pull out of X in August, which they were going to announce to their audience the first week of September, precisely the week when the block ended up taking place.”
Press Gazette / Bron Maher
The Guardian / Helen Davidson
Washington Post / Catherine Belton
U.S. says Russian state media company is conducting intelligence operations and procuring weapons →“Secretary of State Antony Blinken said new information showed that the Russian state media company RT, formerly known as Russia Today, was now being deployed by the Kremlin to conduct cyberintelligence and covert influence operations targeting countries in Europe, Africa, and North and South America. It was also being used to procure weapons for Russia’s war against Ukraine, expanding RT’s remit far beyond that of a media outlet, officials said.”