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4:40 PM ET, July 23, 2015

Mediagazer

 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.
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Andrew Edgecliffe-Johnson / Financial Times:
For 58 years, Pearson kept a hands-off approach to FT's newsroom, which built its digital strength recently with metered news access  —  Hands-off owner hands over FT after 58 years  —  The Financial Times has covered countless takeovers since its creation in 1888, and detailed waves of consolidation …
Re/code:
Sources: Snapchat to add BuzzFeed, Vox, more to Discover, will drop Warner Music  —  Snapchat Adding New Publishers to Its Service, Including BuzzFeed  —  You'll soon see a few more publishers in Snapchat's Discover feature.  —  The social network is planning to add two or three …
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 …
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 …
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.
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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Spencer Soper / Bloomberg Business:
Amazon surges as much as 16% as it reports Q2 revenue of $23.2B, up 20%, beating estimates; net income of $92M  —  Amazon Sales Top Estimates on Cloud-Computing, Customer Growth  —  Amazon.com Inc.'s second-quarter sales topped analysts' estimates, buoyed by its fast-growing cloud computing business …
Discussion: Tech Trader Daily
Dylan Byers / Politico:
Under NBC News Chairman Andrew Lack, MSNBC begins to shift programming back to hard news  —  How to read the MSNBC news  —  Back in March, NBCUniversal sources told the On Media blog that MSNBC was on the brink of a massive shakeup: The aggressively liberal cable news network was going to be recast …
Discussion: The Wrap and The Huffington Post
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.
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 …
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
Dustin Volz / National Journal:
Sen. Al Franken, Consumer Watchdog ask regulators to investigate Apple Music for possible anticompetitive practices  —  Al Franken Urges Federal Probe of Apple Music  —  The senator warns of limited competition and price increases due to Apple's new music-streaming service.
Discussion: Consumerist, The Verge and The Hill
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 More News: 
Henry Mance / Financial Times:
Daily Mail shares fall 11 per cent after poor advertising sales
Discussion: BBC and Telegraph
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
Capital New York:
Keith Summa, senior VP of content innovation at Univision, talks about the network, Fusion, and the difference between the two
 Earlier Picks: 
James Tarmy / Bloomberg Business:
Startup Verisart is trying to catalog every piece of art on the market, using blockchain, aims to enable buying and selling art digitally
Discussion: artnet News
 

 
From Techmeme:

Joe Rivano Barros / Mission Local:
Waymo says it temporarily suspended its ride-hailing service in San Francisco during a citywide blackout, as downed traffic lights appeared to halt its vehicles

Mitchell Peters / Billboard:
Pirate activist group Anna's Archive says it scraped 86M music files and 256M rows of track metadata from Spotify, and releases them in ~300TB of torrent files

Sri Muppidi / The Information:
Source: OpenAI's share of revenue after the cost of running AI models for paying users has jumped to ~70% in October, up from ~52% at the end of 2024
 
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