Top News:
Financial Times:
Pearson in talks with Axel Springer over sale of FT Group — Henry Mance, Arash Massoudi and James Fontanella-Khan — Axel Springer, Germany's biggest newspaper company, is in advanced talks to buy the Financial Times Group from Pearson, according to several people familiar with the situation.
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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, @davewiner, @lindastern, @saila, @alexgspence, @newswhip 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.
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Associated Press:
Turkey briefly blocks access to Twitter over bombing images — ISTANBUL (AP) — Turkey briefly blocked access to Twitter on Wednesday to prevent images of Monday's deadly bombing from being broadcast and to stop Twitter users from calling for protests against the government …
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:
Guardian, EU Press Room, Home Media Magazine, CNNMoney, Financial Times, Associated Press, New York Daily News, Business Insider, Agence France-Presse, Associated Press, Los Angeles Times, Variety, Politico, Washington Post, CNBC, Bloomberg Business, Wall Street Journal, Reuters, The Verge and The Week
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:
Business Insider, Fortune, Six Colors, @janole, @davidbyttow, Daring Fireball, App Advice, BGR and Boing Boing
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, TechCrunch, Variety, Business Insider, Broadcasting & Cable and InsideSources
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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 …
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.
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:
CNNMoney, Broadcasting & Cable, Deadline, New York Times, Bloomberg Business, Reuters and Associated Press
Capital New York:
Keith Summa, senior VP of content innovation at Univision, talks about the network, Fusion, and the difference between the two — The 60-second interview: Keith Summa, senior V.P. of content innovation at Univision — CAPITAL: What's your game plan to increase the engagement …
Hadas Gold / Politico:
New York Times denies Nick Denton's claim that reporters' beats are changed to satisfy advertisers — N.Y. Times denies Gawker allegation — The New York Times is denying Gawker founder Nick Denton's assertion that they move their reporters to different beats to appease advertisers.
Discussion:
bookforum.com, @bxchen and @hadas_gold
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Peter Sterne / Capital New York:
At Gawker meeting, Denton says editorial must take business and advertising concerns into consideration
Discussion:
Digiday, Guardian, The Huffington Post, Guardian, @bendreyfuss, @markamesexiled, @antderosa, @ppolitics, @petersterne, @jayrosen_nyu, Fortune, @justingraeber, @justinnxt, @danielleiat, @jayrosen_nyu, New York Times, WWD, @hadas_gold, @mathewi, @patrickcoffee, @clarajeffery, @leahfinnegan and @leonlazaroff
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