spot_img

Ad group shutters ‘responsible media’ effort after Elon Musk X antitrust suit

A global advertising trade group at the center of a controversy involving the censorship of conservative speech online is “discontinuing” its advertising initiative just days after X owner Elon Musk filed an antitrust lawsuit against it and other companies.

The World Federation of Advertisers is shuttering its Global Alliance for Responsible Media (GARM) initiative, Business Insider reported.

The lawsuit filed Tuesday by the social media site formerly known as Twitter alleged that GARM conspired with others to prevent billions of dollars in advertising revenue from flowing to digital media outlets such as X that didn’t follow the groups’ “brand safety standards,” meaning X under Musk began allowing conservative speech that questioned government and mainstream media narratives.

Unilever PLC, Unilever United States, Mars Incorporated, CVS Health Corporation, and Ørsted A/S also are named as defendants in the lawsuit.

“No small group should be able to monopolize what gets monetized,” X CEO Linda Yaccarino posted Thursday. “This is an important acknowledgement and a necessary step in the right direction. I am hopeful that it means ecosystem-wide reform is coming.”

- Advertisement -

WFA didn’t immediately respond to a request for comment. Business Insider reported that GARM “intended to contest the allegations” but had limited resources.

Musk vowed to sue last month after the U.S. House Judiciary Committee held a hearing on the alleged conspiracy where Daily Wire co-founder Ben Shapiro testified.

At the hearing, Shapiro told lawmakers that legacy media and their political allies conspire with online advertising gatekeepers to paint conservative news organizations as “dangerous,” limiting their opportunity to receive advertising revenue.

“There is in fact an internal pressure system created by Democratic legislators, this White House, legacy media, advertisers and pseudo-objective brand safety organizations,” Shapiro testified. “That system guarantees that advertising dollars flow only to left-leaning media brands.”

spot_img
spot_img

Hot this week

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Sports betting bill still alive in Georgia House

(The Center Square) – A bill that would allow...

Men of Color Expo – Celebrating Men of Excellence

Tinker Federal Credit Union & PPBC Present Men of Color...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Pritzker bans insider trading by state employees, faces hypocrisy claims

(The Center Square) – New rules for employees of...

23 state AGs demand top ratings agencies explain ESG-driven downgrades

(The Center Square) – Nearly two dozen state attorneys...

BREAKING: Trump, cabinet OK after shots fired at White House Correspondents dinner

President Donald Trump, First Lady Melania Trump, and members...

Gori seeks quick end to asbestos fraud, lawsuit ‘bounties’ case

The Gori Law Firm, considered America’s most prolific filer...

Correspondents’ dinner attacker detained with multiple weapons

A California man charged security with multiple weapons at...

Illinois Quick Hits: AFP says tax breaks would be more at Soldier Field

(The Center Square) – Americans for Prosperity Illinois says...

Rethinking Inflammation: How ‘Rest And Ice’ Is Sabotaging Your Healing

Everything you know about inflammation may be wrong. While...

More like this
Related

Everyday Economics: Housing sets the stage, but the Fed, PCE are the main event

This week begins with housing, but the real macro...

Pritzker bans insider trading by state employees, faces hypocrisy claims

(The Center Square) – New rules for employees of...

23 state AGs demand top ratings agencies explain ESG-driven downgrades

(The Center Square) – Nearly two dozen state attorneys...

BREAKING: Trump, cabinet OK after shots fired at White House Correspondents dinner

President Donald Trump, First Lady Melania Trump, and members...