Top News:
Financial Times:
Nikkei to buy FT Group for £844m from Pearson — Henry Mance, Arash Massoudi and James Fontanella-Khan — Nikkei, Japan's largest media company, is to buy the FT Group from Pearson for £844m, bringing the curtain down on the UK-based company's 58-year ownership of the global news organisation.
Discussion:
Nieman Lab, Nieman Lab, Pearson, Capital New York, MarketWatch, New York Times, WWD, Guardian, Quartz, Press Gazette, Politico, Wall Street Journal, @afp, Reuters, Bloomberg Business, Mashable, Variety, TechCrunch, Financial Times, Financial Times, @sebmc, FishbowlNY, @felixsalmon, CNNMoney, Quartz, @joshhalliday, New York Magazine, @dansabbagh, @janemartinson, CNBC, Re/code, Life Style Extra, @lukejohnsonrcp, Fortune, @peterlauria3, The Next Web, NPR, Poynter, @edmundlee, @psmith, @felixsalmon, The Huffington Post, @hirokotabuchi, @felixsalmon, @spiegelpeter, @edmundlee, @johnplunkett149, @kenli729, @annaknicolaou and @matthewwells
Ezra Klein / Vox:
In 3 years, media will become wire services that operate across many platforms, gaining audience, but losing ability to create custom designs — Is the media becoming a wire service? — I'm going to make some predictions about the future of the media in this piece, and they come …
Discussion:
Poynter, @lindastern, @saila, @newswhip, @davewiner, @alexgspence and @benmullin
Associated Press:
Turkish journalist fired over anti-Erdogan tweet — ANKARA, Turkey (AP) — A prominent Turkish journalist has been fired by his newspaper over a tweet which suggested that President Recep Tayyip Erdogan was responsible for a suicide bombing this week that killed 32 people.
Discussion:
DailySabah, Hürriyet Daily News and PressTV Media RSS
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Jim Dalrymple / The Loop:
Apple Music nightmare: adding music doesn't work as expected, lost access to 4,700 songs after turning off the service — ∞ Apple Music is a nightmare and I'm done with it — I love Apple. I love them because they take difficult problems and come up with innovative, simple solutions.
Discussion:
The Next Web, Six Colors, Business Insider, @janole, @davidbyttow, Fortune, Mashable, Daring Fireball, App Advice, BGR and Boing Boing
Associated Press:
San Diego's Daily Transcript to close after nearly 130 years — 1 photo — SAN DIEGO (AP) — The Daily Transcript of San Diego said Wednesday it will publish its last edition Sept. 1, ending a nearly 130-year run in the newspaper business. — The newspaper is no longer viable due …
Discussion:
The San Diego Union-Tribune
James Kanter / New York Times:
E.U. Opens Antitrust Case Against Major U.S. Studios and Sky UK — BRUSSELS — The European Union's top antitrust authority on Thursday charged major American film studios and a television company in Britain with unfairly blocking access to movies and other content.
Discussion:
EU Press Room, Guardian, Home Media Magazine, Hollywood Reporter, Washington Post, Variety, Bloomberg Business, Business Insider, The Verge, Politico, New York Daily News, Wall Street Journal, Associated Press, Associated Press, CNBC, Agence France-Presse, Los Angeles Times, Financial Times, CNNMoney, Reuters and The Week
Laura Hazard Owen / Nieman Lab:
One of the best things a news startup can do for its financial health: Hire a professional ad person — A new report from the Tow-Knight Center for Entrepreneurial Journalism, out Thursday, interviewed 22 digital publishers, most of which launched in the last 10 years, to determine best practices for …
Discussion:
Tow-Knight
Sam Thielman / Guardian:
Nick Denton will have a harder time under questioning in Hulk Hogan case due to the removal of recent Gawker story — Gawker's latest privacy scandal poses dilemma in $100m Hulk Hogan lawsuit — Nick Denton, who is named in a suit over a sex tape of Hogan posted by Gawker …
Discussion:
Digital Content Next, bookforum.com, Los Angeles Times and New York Times
Henry Mance / Financial Times:
Daily Mail shares fall 11 per cent after poor advertising sales — Daily Mail and General Trust shares fell 11 per cent to a four-month low, after it became the latest newspaper publisher to be hit by falling UK advertising. — Advertising at its titles — including the Daily Mail …
Shalini Ramachandran / Wall Street Journal:
Comcast Q2: profit up 7.3%, net income $2.14B, revenue up 11% to $18.74B on strong box office and broadband sales — Comcast Earnings Boosted by ‘Jurassic World’, ‘Furious 7’ — Cable operator sheds fewer cable-TV customers, but broadband growth slows — Comcast Corp. 's second-quarter …
Discussion:
Broadcasting & Cable, CNNMoney, Bloomberg Business, Associated Press, Deadline, New York Times and Reuters
Katie Notopoulos / BuzzFeed:
Product Hunt launches book discovery section featuring author AMAs, community discussion — Product Hunt Wants To Help You Read More Books — The tech discovery site is launching a new book section that seems suspiciously like something a fan of Product Hunt would want read. — medium.com
Discussion:
The New York Observer, VentureBeat, Medium and Fortune
Joseph Lichterman / Nieman Lab:
Ohio's Richland Source diversifies its business model by selling locally produced apparel and ads on popcorn bags at local high school sporting events — Small-batch t-shirts and popcorn bags: How a local Ohio news site is diversifying its business model — Mansfield, Ohio's story is a common one.
Micah Singleton / The Verge:
FTC investigation into Apple heats up, music streaming services hit with subpoenas — The FTC has launched an investigation into Apple's dealings with competing music streaming services in its App Store, according to multiple sources. The investigation is targeting Apple's 30 percent fee charged …
Discussion:
VentureBeat, The Hill, AppleInsider, Variety, TechCrunch, Broadcasting & Cable, InsideSources and Business Insider
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