Taylor Swift š¤ NFL
Google faces another antitrust headache, TSwift divides football fans, and Selena Gomez bops to billionaire status.
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Google is antitrusted, again...
Today, Google and the Justice Department are set to go head-to-head on whether Googleās dominance in digital advertising is monopolistic ā a verdict that could radically change the market and give competitors a chance.
The Big Picture: The ad market trial comes just weeks after the DOJ prevailed in its case against Google that its search market power was a monopoly. A second win would put a lot of wind in the DOJās sails to aggressively go after other tech giants.
Between the Lines: Lawyers for Google and the DOJ are set to plead their cases to a federal judge in Virginia. Here are the arguments:
The DOJ says that Googleās command over the buying and selling of ads (and the tech that makes it all possible) has shut out competitors, helped it raise prices, and allowed it to institute self-dealing changes across the ad ecosystem for the past 15 years.
Google says that the DOJās lawsuit aims to punish the company for making tools and processes that are efficient, beneficial, and user-friendly. Also, it says the agency isnāt taking into account other competitive factors, or the companyās ad market innovations.
Closing Thoughts: The ad market and the technologies that support it are complicated, but what the DOJ is trying to get across, according to Vanderbilt Law School antitrust professor Rebecca Haw Allensworth, is that vertical integration ā controlling the supply chain of how things are bought and sold ā is inherently monopolistic. If successful, the potential breakup of Google could be even more expansive than previously thought.
Ends soon: extra 25% off Nike sale
Cha-ching.
Thatās right. For a limited time, you and the whole fam can score 25% off select Nike gear:
Shoes: Air Jordans, runners, slides, kidsā shoes
Accessories: sports bras, duffels, backpacks, etc.
Have āem shipped right to your door, or pick āem up at the store!
P.S. They didnāt tell us how long the sale would go for, so donāt dilly-dally...
The NFLās very own anti-hero
Taylor Swift is still dating Kansas City Chiefs star Jason Kelce, which means the artist is very much front and center of NFL coverage ā a phenomenon thatās having major reverberations for game viewership, fan spending, and media priorities.
The Big Picture: While the Super Bowl has always been star-studded, the NFL is capitalizing on turning every Chiefs game ā and by proxy, every game ā into an event.
Between the Lines: A Lending Tree survey found that football fans have very strong opinions about Swiftās impact on the league.
17% of Americans say theyāre more interested in football this season because of Swift.
14% say they plan on spending more on football (game tickets, food and drinks, and merch) because of her.
But hereās some whiplash: 17% also say theyāre less interested in football because of her.
A whopping 44% say they āhate what sheās done to the NFL.ā Jeez.
Closing Thoughts: In her defense, Fast Company notes that āall Swift has done is attend her partnerās games while wearing cute outfits.ā Nothing more. But wherever Swift goes, a media and fan circus goes, too. And the NFL knows that ā which is why theyāre using her as the centerpiece of some of its marketing, including this recent promo, where she was featured more times than any individual player (including Kelce). If the Chiefs make it to the Super Bowl again, donāt be surprised if Swift guests during Kendrick Lamarās halftime show.
Go Deeper: Swiftonomics is good economics.
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DEEP DIVES
Listen: The Town chats with Focus Features chairman Peter Kujawski about how the specialty film label chooses which of the major fall festivals is best to debut a particular film.
Read: The Verge interviews Bill Gates on a wide range of topics in the lead-up to his new Netflix series, Whatās Next? The Future with Bill Gates.
Watch: WSJ tests new technologies that could finally make getting WiFi on an airplane not an awful experience.
Does Taylor Swift have an impact on your football season? |
56.9% of you voted Yes in Fridayās poll: Do you think the experience economy is the future of Hollywood?
āHollywood, as we know it, needs a 70s-style revival led by independent creators, not just a remix of existing IP into different formats.ā
āI think itās collapsing because people love social media and living through their friends and themselves.ā
āI wouldnāt say āthe future,ā but being in the industry, I sometimes forget that consumers in other areas find this stuff exciting, so I do think thereās a market for it.ā
Letās keep the conversation going. Join our Poll Of The Day newsletter so your opinions can shine. Discover how your views line up with your peersā, check out cool insights, and have some fun. Itās data with personality.
QUICK HITS
ā Entertainment / Media
š„ The Venice Film Festival has wrapped up, awarding Pedro AlmodĆ³varās English language debut, The Room Next Door, the top prize.
šŗ NBC is cutting down The Tonight Show Starring Jimmy Fallon to four live shows a week ā officially ending the era of late-night shows running on a five-day schedule.
ā Fashion / E-commerce
š Selena Gomez is now a billionaire, thanks to the success of her Rare Beauty makeup brand.
š§„ Jony Iveās LoveFrom is reimagining the button with a collaboration with Moncler.
ā Creator Economy
š± Telegram has rolled out the ability to report abusive content on the platform as its CEO, Pavel Durov, sits in French custody.
š¤ Paramount Global has sold VidCon to media and events company Informa for an undisclosed amount.
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Todayās email was written by David Vendrell.
Edited by Melody Song. Copy edited by Kait Cunniff.
Published by Darline Salazar.
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