Reporter Ella Sagar and deputy editor Maria Iu look at the stories that mattered most in media and advertising this week.The pair discuss new culture secretary Lisa Nandy's in-tray, Ofcom’s ruling on BBC spin-off stations, Meta's view that news is "substitutable" and Paramount Global’s merger with Skydance Media.Highlights0:26: What you need to know about the new Labour government3:54: Ofcom delays early launch of BBC Radio 2's "pop nostalgia" service8:30: Industry reaction to Meta saying news is "substitutable"12:15: Paramount Global and Skydance Media merger14:30: Bundling could be "consolidation lite"16:57: News round-up: Channel 4's chief revenue officer will depart at the end of the year; Spotify has added a comments feature for podcasts; the UK and Ireland June box office is up 7%; The Independent has been having “more than half a dozen serious conversations” with global publishers about partnerships; and latest IPA TouchPoints data showing 38% of Brits "are not coping" on their current income.Related linksBig changes ahead in media under a new governmentOfcom delays launch of BBC Radio 2 ‘pop nostalgia’ serviceParamount ends merger saga after reaching ‘definitive’ Skydance agreementDisney bundling found to lower churn in USChannel 4 sales chief Veriça Djurdjevic exit: CEO’s letter to staff in fullJune box office up 7%The Independent’s CEO eyes publisher partnerships beyond BuzzFeed

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