Mediagazer: Universal Offers a Sweeping Sell-Off to Win Approval of EMI Purchase (Ben Sisario/Media Decoder)

7:05 PM ET, July 27, 2012

Top News:

Tom Watson / Forbes:

Olympics Coverage: NBC Apparently Thinks It's 1992, Seemingly Unaware Of Twitter's Existence — Well, NBC was trending this afternoon on Twitter across the U.S. - and not because of some hilarious new sitcom. No, it's the wired multitudes taking to that interconnected series of tubes to blab …

Discussion: The Daily Fix

Paul Farhi / Washington Post:

Olympics coverage by NBC News questioned — To cover this summer's Olympic Games, NBC News will deploy a journalistic force of some 450 people, including 25 reporters and its lead anchorman, Brian Williams. The network has been featuring Olympic updates on the Williams-anchored “Nightly News” …

Discussion: TVNewser, NetNewsCheck Latest, The Huffington Post, BBC and Los Angeles Times

Janko Roettgers / GigaOM:

Streaming the Olympics: How YouTube and NBC do it — Jason Gaedtke, director of software engineering for YouTube's live streaming efforts, doesn't expect to get much sleep over the next two weeks. YouTube is live streaming the London Olympics for NBC , and Gaedtke is about to go on a time …

Discussion: CNET, YouTube Blog, Multichannel, The Daily Beast, Bangor Daily News, TVbytheNumbers, Pocket-lint and Moasis

Jordan Zakarin / Hollywood Reporter: London 2012: Primetime TV Will Rule Over Digital For Years, Says NBC Olympics EP Jim Bell

David Bauder / Associated Press:

CNN chief Jim Walton resigns after 10 years leading CNN worldwide — NEW YORK — CNN chief Jim Walton said Friday he is quitting, saying the company needs new leadership at a time its flagship U.S. network is suffering through some of its poorest ratings ever.

Discussion: Forbes, FishbowlDC, Media Decoder, Guardian, Chickaboomer, @andersoncooper, @michaelwolffnyc, Bloomberg, CNN, Politico, Poynter, The Wrap, Broadcasting & Cable, Mediaite and Capital New York

CNN:

CNN Worldwide President Jim Walton announces he is stepping down at the end of the year — Jim Walton told the CNN organization today that he will step down as president of CNN Worldwide at the end of this year. He will continue in his current role until that time.

Discussion: Mediaite

Jeff John Roberts / paidContent:

Google says book scanning didn't cost authors a single sale — Google cites everything from Mad Men to minority rights in a fresh attempt to bolster its claim that the scanning of millions of books qualifies as a “fair use” under copyright law. The arguments, set out in court filings submitted on Friday …

Discussion: MediaPost

Bloomberg:
Google Seeks Dismissal of E-Books Case

Discussion: Reuters

Twitter Blog:

Spotlight on Olympic stories — When it comes to events that capture the world's attention, the Olympic Games have long been the gold standard — and never more so than right now, when Twitter is on hand for every competition. Even today, heading into the Opening Ceremony …

Discussion: The Huffington Post, VentureBeat, The New Yorker Blog, PSFK, Mashable!, The Verge, WebProNews and Guardian

Sarah Marshall / Journalism.co.uk:
How a software firm is helping the BBC and PA deal with vast Olympics data

Discussion: Los Angeles Times and Big News Network.com

Rachel McAthy / Journalism.co.uk:
Guardian gives readers option to ‘hide Olympics’ section on homepage

Discussion: The Atlantic Online and The Next Web

Al Tompkins / Poynter:

Denver TV stations pool interviews with theater shooting victims, families — Kevin Torres is a multimedia journalist for KUSA-TV, the NBC station in Denver. Usually he shoots, writes and edits his own stories. — On Tuesday, the key interview in his story was shot by the ABC station in town.

Discussion: TVSpy

Wall Street Journal:

New Orleans News Organization to Be Created by NPR, University of New Orleans — NPR, Other Nonprofits Band Together to Provide an Alternative to Local Paper — National Public Radio, the University of New Orleans, and a group of business and community leaders will announce Friday …

Discussion: New Orleans Times-Picayune, Blog of New Orleans, Gambit, JIMROMENESKO.COM, Poynter, Current.org Blog and mediabistro.com

Ben Sisario / Media Decoder:

Universal Offers a Sweeping Sell-Off to Win Approval of EMI Purchase — In a significant retreat from Universal Music Group's ambitions of adding EMI's record labels to its already dominant position in the music market, the company has offered sweeping concessions to the European Commission …

Discussion: Rolling Stone, Wall Street Journal and Media Decoder

Ingrid Lunden / TechCrunch:

Financial Times: Our Digital Subscribers Now Outnumber Print, And Digital Is Half Of The FT's Revenue — A milestone reached as the world of old media continues its push in a digital direction: the storied, pink-sheeted daily newspaper the Financial Times, read by 2.1 million readers daily …

Discussion: The Wrap, Pearson, Media Week, VatorNews, Reuters, NetNewsCheck Latest, GalleyCat, Telegraph, Guardian and Journalism.co.uk

Robert Andrews / paidContent:

In new ad downturn, subscription salvation for some, gold rush for others — By now, the world was supposed to have emerged from the worst of the global economic storm that dampened advertising dollars through 2008 and 2010. But lingering European concerns suggest the ad dip is back …

Discussion: Guardian and production.investis.com

Ina Fried / AllThingsD:

Documents in Apple vs. Samsung Give Reporters Plenty to Chew On — So this is what all those lawyers have been up to. — For anyone wondering if all of those hundreds of attorneys were really working on Apple versus Samsung, Thursday's avalanche of paperwork makes it clear that they were.