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:
MarketWatch, Nieman Lab, Wall Street Journal, @afp, New York Times, Press Gazette, FishbowlNY, CNNMoney, Variety, Quartz, New York Magazine, Re/code, Bloomberg Business, Life Style Extra, @lukejohnsonrcp, @johnplunkett149, @felixsalmon, @felixsalmon, @psmith, @hirokotabuchi, @peterlauria3, @edmundlee, @annaknicolaou, @kenli729, @joshhalliday, Poynter, @spiegelpeter, @matthewwells, @dansabbagh, DW.COM and CNBC
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Pearson:
Pearson to sell FT Group to Nikkei Inc. for £844M — Pearson to sell FT Group to Nikkei Inc. — Pearson is today announcing that it has agreed the sale of FT Group to Nikkei Inc. for a gross consideration of £844 million, payable in cash. — Financial Times is one of the …
Discussion:
Guardian, Politico, TechCrunch, Jon Slattery, Reuters, Mashable, NPR, @edmundlee, @saliltripathi and The Next Web
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, PressTV Media RSS and Hürriyet Daily News
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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, Mashable, Six Colors, @janole, @davidbyttow, Business Insider, Fortune, Daring Fireball, App Advice, BGR and Boing Boing
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, Associated Press, Associated Press, Agence France-Presse, Los Angeles Times, Business Insider, Financial Times, New York Daily News, Variety, Politico, Washington Post, CNBC, Bloomberg Business, Wall Street Journal, Reuters, The Verge and The Week
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, Los Angeles Times, Business Insider and New York Times
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, TechCrunch, Variety, Business Insider, Broadcasting & Cable and InsideSources
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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, Deadline, New York Times, Bloomberg Business, Associated Press and Reuters
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 …
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 …
Gurman Bhatia / Poynter:
NYT highlights columns and columnists with ‘Follow’ feature — Soon, when Thomas Friedman publishes a column in the New York Times, his fans won't have keep hitting refresh to find out. Instead, they'll be notified immediately. — With a tiny little bell in the corner …
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