Top News:

Capital editor: 'I'm not going to sleep for the next couple of years' — With its acquisition by Politico Publisher Robert Allbritton, the New York website Capital will go on a hiring spree, adding 20 or so journalists to its coverage of New York power centers.
Discussion:
Bloomberg, @nbj914, Politico and @dylanbyers
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POLITICO publisher buys Capital New York
Discussion:
New York Times, Politico, Forbes, FishbowlDC, Capital New York, New York Post, Folio, Columbia Journalism Review, @alykatzz, USA Today, Nieman Journalism Lab, @danielstrauss4, @ethanklapper, @kenvogel, @pkcapitol, @joepompeo, @dylanbyers, @jameshohmann, @jameshohmann, Mediaite, @mjenkins, Vanity Fair, Gawker, Capital New York, paidContent, @jbarro, @gillianmae, @jayrosen_nyu, @juliewestfall, Wall Street Journal, @ezraklein, @maxabelson, @buzzfeedben, @fionaspruill, @mikiebarb, @annasale, @rajunarisetti, New York Magazine, @drudge_report, @shirleybrady, Poynter, @pkafka, @nycgreenfield, @politico, @romenesko, @morningmoneyben, @tcarmody and @tmcgev

VandeHei on Capital NY purchase: “We're coming to play. We don't do small ball.”
Discussion:
Erik Wemple and FishbowlNY


Livefyre Acquires Storify, Says The Social Curation Service Will Still Operate As Standalone Product — Livefyre, a commenting platform used by TechCrunch and other websites, is announcing that it has acquired social curation startup Storify. — The financial terms of the deal were not disclosed …
Discussion:
Journalism.co.uk, Storify, GigaOM, Nieman Journalism Lab, Livefyre | Blog, CNET, Big News Network.com, @nycjim, Fast Company, The Next Web, @xdamman, Mashable, Poynter, The Wrap, @lavrusik, VentureBeat, AllThingsD and FishbowlNY
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FCC and Verizon square off for the future of net neutrality — Are tubes speech? — Verizon is nearing the end of a legal battle that could render the FCC's net neutrality rules a thing of the past. Today, the two groups presented oral arguments to a DC circuit court …
Discussion:
Hillicon Valley, Broadcasting & Cable, Broadcasting & Cable, CNET, VentureBeat, Reuters, PC Advisor and @reckless
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Hearst TV station uses new court ruling to press Aereo in Boston — The legal battle over Aereo took another turn last week after a judge in the District of Columbia issued a nationwide injunction to shut down FilmOn X, a would-be Aereo competitor. — The ruling is already having a knock-on effect …
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Time Inc. buys Food & Wine, other Amex-owned titles — Time Inc. is expected to unveil a deal to purchase all five titles from American Express Publishing Magazine Group, including Travel + Leisure and Food & Wine, The Post has learned. — Also being sold are magazines that go exclusively …


BBC's ‘squabbling’ executives slammed by MPs amid payoffs scandal — Performance by seven senior staff in front of MPs ‘can only damage reputation of the BBC’, says Margaret Hodge — BBC governance is not fit for purpose and its senior managers are not up to the job or more interested in …
Discussion:
Guardian
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Univision, Al Jazeera Anchors Slam Obama After Being Left Out of Media Blitz (Updated) — Univision anchor Jorge Ramos and Al Jazeera English senior political analyst Marwan Bishara lashed out after their networks were left out of President Obama's media blitz, writing that the president …
Discussion:
Politico, TVNewser, Deadline.com, Speakeasy, Mediaite, Al Jazeera English and The Huffington Post


Businessweek Partners with Netflix for Henry Paulson Documentary — It has been five years since Wall Street suffered its melt down, and Businessweek wants to celebrate. In an interesting way, of course. The magazine has partnered with Netflix to produce Hank: Five Years From the Brink …
Discussion:
New York Times, The Wrap, Home Media Magazine, Businessweek.com and Business Insider

Jeff Shell, Television Executive, to Take Over at Universal Studios — LOS ANGELES - Jeff Shell, an NBCUniversal television executive, will soon take over day-to-day operations at Universal Studios, according to three people briefed on the development. Ron Meyer, who has been the movie …
Discussion:
Hollywood Reporter, The Wrap, Variety, @nytimesbusiness and @peterlauria3


Facebook allows news orgs to search public posts, see aggregate, anonymized data on private posts — Facebook Offers New Windows Into Social Conversation — Facebook is releasing two new search tools on Monday designed to give news organizations — and potentially, marketers …
Discussion:
The Verge, PandoDaily, Facebook, Digital TV Europe, @jrudis, memeburn, PC Advisor, GigaOM, Kirk LaPointe's …, bizjournals, Journalism.co.uk, The Drum, @asmitch and @lavrusik


Tech journalist Kara Swisher is a feared player — In every journalism generation, there are various re-enactments of the 1957 movie Sweet Smell of Success, in which Burt Lancaster plays J.J. Hunsecker, the powerful and vindictive Broadway gossip columnist whose self-interest shapes everything he writes.
Discussion:
@esofge, @sandonet, @cgasparino, @jayrosen_nyu, Gannett Blog and Big News Network.com

People Tries New Tiered-Subscription Model — More price points, more exclusive digital content. — People is revamping its subscription model, putting a premium on its digital products and adding new entry points. — Readers can go print- or digital-only for $112 per year …


Public-private partnership: Slate and WBUR team up on a podcast, connecting public radio content to a national audience — As a public radio station, Boston's WBUR is in the business of audio news and storytelling, so the fact that it's launched a new show about health care issues shouldn't be surprising.
Discussion:
NPR

TV Ad Spending Up 6.4% In 2nd Quarter — Cable jumps 14.9%, according to Kantar Media — Ad spending on TV jumped 6.4% to $18.4 billion in the second quarter. — The gain boosted first half ad spending growth to 3.3%, according to new figures from Kantar Media.
Discussion:
Radio & Television … and AdAge

Time Inc. and Turner to End CNNmoney.com Partnership — The website joint venture will dissolve in May 2014. — Time Inc. and Turner, CNN's parent company, have decided to dissolve their partnership in running their CNNmoney.com joint venture, effective May 30, 2014.