Top News:
Edmund Lee / Bloomberg:
Time Warner Said to Buy Bleacher Report for Under $200M — Time Warner Inc.'s Turner Broadcasting System division acquired the Bleacher Report website for under $200 million, bolstering its online sports coverage, a person familiar with the deal said. The acquisition of the sports website Bleacher Report …
Discussion:
Wall Street Journal, TechCrunch, VentureBeat, The Wrap, paidContent, FishbowlNY, FishbowlLA and Top Digital Journal News
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Peter Kafka / AllThingsD:
Turner Buys Bleacher Report — Time Warner's Turner Broadcasting unit has acquired sports site Bleacher Report, according to people familiar with the transaction. — I'm told the deal, which we told you about in June, closed Friday, and is scheduled to be announced today.
Discussion:
Business Insider, Media Decoder, Forbes, CNET, VentureBeat, Adweek, Multichannel and AdAge
Mathew Ingram / GigaOM:
Bleacher Report and the evolution of the content farm — Turner Broadcasting confirmed on Monday that it is acquiring the sports-blogging network Bleacher Report for what some estimate to be about $175 million — a deal that was first reported by All Things Digital — to help the Time Warner unit bulk up its sports coverage.
Joe Pompeo / Capital New York:
National Press Photographers Association urges NYPD to ‘do the right thing’ — Mickey H. Osterreicher, general counsel for the National Press Photographers Association, has written a letter to New York City Deputy Police Commissioner Paul Browne about the arrest last night …
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Luke MacGregor / Reuters:
Attempting to shoot the moon — With very little understanding of astronomy but with the aid of a phone app, I began a three evening attempt to capture the moon with the Olympic Rings. The rings have been hanging iconically on Tower Bridge for the London 2012 Olympic Games and it was suggested …
Discussion:
Felix
Sean Ludwig / VentureBeat:
Amazon now renting old-fashioned paper textbooks — Amazon now offers physical textbook rentals as a cheaper option for college students, a move designed to keep Amazon as a dominant player in textbooks. — While Amazon has offered digital rentals of textbooks for more than a year …
Discussion:
paidContent, CNET, Engadget, TechCrunch, AllThingsD and PC Magazine
Peter Kafka / AllThingsD:
The New York Times Reports a Digital Success Story — The New York Times' paywall, long debated in and outside of the company, now looks like a bona fide success. — The company has more than 530,000 paying subscribers for its digital editions, and it credits the plan with a consistent increase in circulation dollars.
Discussion:
mediabistro.com, Los Angeles Times, JIMROMENESKO.COM and Poynter
Steve Beatty / The Lens:
Veteran editor and reporter joins The Lens for watchdog coverage — The Lens announces the addition of Steve Myers to its staff as deputy managing editor and senior staff writer. — Myers will help guide The Lens' development and digital strategy, ensuring that The Lens uses the latest tools …
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@abeaujon
Jeff John Roberts / paidContent:
Google records show book scanning was aimed at Amazon — Google has so far spent more than $180 million on book scanning and, at the outset of the project, one of its stated goals was to keep web searchers away from Amazon. — These are among the details set out in a new court filing by the Authors Guild …
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VentureBeat
Alyssa Rosenberg / Slate:
The New York Times Goes After Hurdler Lolo Jones and Gets Olympic Sexism Wrong … - The Sikh Temple Shooter Played in Hardcore White-Supremacist Bands - How Honest Do People Think Romney Is? Slate's Survey Results. — It's Outrageous That the Olympics Puts the Silver and Bronze Winners on the Same Podium Level
Discussion:
New York Times, NewsBusters.org blogs, Jezebel, Bleacher Report, SBNation.com, Poynter, National Review and Deadspin
Keach Hagey / Wall Street Journal:
Newsweek's Unfortunate Penn State Headline — Newsweek released its much -anticipated college rankings today, the compendium of lists of which colleges are most affordable, most stressful or most conservative. — One ranking might go down, however, as “most awkward.”
Discussion:
The Huffington Post
Joe Pompeo / Capital New York:
At ‘The New York Observer,’ another account of the editor and president's departures — Aaron Gell, the newly appointed editor of The New York Observer, has hit the ground running. — In the paper's regular Friday editorial meeting, Gell, who was bumped up from executive editor several days ago …
Daniel Frankel / paidContent:
Are the Olympics a bigger media draw than the Super Bowl? — Are the Games really bigger than the Big Game? — According to a Pew Research study released Monday, nearly 8 out of 10 Americans say they're following the London Olympics on either traditional television or via the internet.
Discussion:
Pew Research Center …