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, Guardian, MarketWatch, Capital New York, Nieman Lab, WWD, New York Times, Guardian, Wall Street Journal, Pearson, Press Gazette, Bloomberg Business, Quartz, Variety, Mashable, @joshhalliday, @hirokotabuchi, Nieman Lab, @lukejohnsonrcp, @janemartinson, @peterlauria3, @sebmc, Talking Biz News, Folio, @psmith, Financial Times, New York Magazine, @felixsalmon, @spiegelpeter, @edmundlee, Financial Times, @johnplunkett149, @kenli729, Quartz, @annaknicolaou, @felixsalmon, @tonytassell, @matthewwells, NPR, Fortune, Poynter, @edmundlee, The Next Web, Re/code, @felixsalmon and TechCrunch
RELATED:
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 …
Discussion:
Guardian, World News Publishing Focus … and @zseward
Joe Pompeo / Capital New York:
Sulzberger scion Sam Dolnick gets a promotion at the Times — The New York Times has promoted Sam Dolnick to an associate editor position, reflecting the Times' growing focus on digital and the rise of one of the younger members of the family that controls the paper.
Discussion:
@joepompeo and The New York Times Company
Re/code:
Sources: Snapchat to add BuzzFeed, Vox, and others to Discover, drop Warner Music; 2 or 3 new partners added next week, second group in August or September — Snapchat Adding New Publishers to Its Service, Including BuzzFeed — You'll soon see a few more publishers in Snapchat's Discover feature.
Shalini Ramachandran / Wall Street Journal:
Comcast took $252M impairment charge on Weather Channel, increases Hulu estimate from $167M at end of last year to $267M as of June 30 — Comcast Slashes the Value of Its Weather Channel Investment … The Weather Channel's distribution woes are casting a cloud over its owners' investments.
Azi Paybarah / Capital New York:
Sharpton launches blog to ‘flip the script’ on media — The Rev. Al Sharpton has frequently criticized members the media, even after himself becoming host of a nationally syndicated radio show and a weeknight show on MSNBC. Now, he'll bring his media criticism to a new frontier: the internet.
Discussion:
Mediaite
Alexander Howard / The Huffington Post:
New Federal FOIA Ombudsman Comes From DHS, Has Dubious Judgment About Journalism — Holzer's public record on FOIA is cause for concern. — Senior Editor for Technology and Society, The Huffington Post — The U.S. has a new ombudsman for the Freedom of Information Act.
Danny Sullivan / Marketing Land:
YouTube CEO Susan Wojcicki announces redesigned Android app at Vidcon, says watch time is up 60%, mobile revenues grew 100%, partner revenue is up 50% YoY — YouTube Gets Mobile Redesign, New “Diamond” View Buttons & Courts Creators — Talk aimed at thousands of video content creators and producers gathered at the annual event.
Discussion:
Variety, Re/code, Broadcasting & Cable, Hollywood Reporter, Engadget, Billboard, New York Times and Mashable
Shalini Ramachandran / Wall Street Journal:
Dish objects to upcoming FCC order to deny $3.3B in discounts it sought in wireless spectrum auction earlier this year — Dish Responds to FCC's Move to Deny Spectrum Auction Discounts — Satellite provider told that matter won't get a hearing or referred to an enforcement bureau
Discussion:
FierceWireless
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
Glenn Peoples / Billboard:
Pandora Q2 sales grow 30% YoY to $285.6M, local ads up 67% to $58.9M, mobile now 80.4% of revenue, listener growth only 3.9% YoY — Pandora Revenue Grows 30 Percent, Listener Growth Slows — The online radio company's royalty burden improved to 45.6 percent of revenue in the second quarter.
Discussion:
Wall Street Journal, Reuters, Variety, TechCrunch, Fortune and @jank0
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
Senior Data Journalist, NY — 
Manager - Publishing Editorial, Manila — 
Oil Reporter, Singapore — 
Newsperson - State Govt. & Politics, CA — 
Business Reporter, SC — 
State Government Reporter, WA — 
Climate Crisis Columnist — 
Multimedia Journalist, CA — 
Community Engagement Mgr., DC — 
Senior California Politics Reporter, CA — 
Staff Writer - Business, NY — 
Team Editor - Opinion, ON — 
Assistant Correspondent, DC — 
Climate & Weather Reporter, MN — 
Senior Tech Editor, Remote US — 
Lead Business Reporter, TN — 
Managing Editor, WA — 
Private Credit Reporter, NY — 
Trending News Reporter, TX — 
City Correspondent, London — 
Legislative Reporter, CA — 
Reporter, PA — 
Visual Editor, Remote — 
Staff Writer, MI — 
Senior Political Reporter, DC — 
California Playbook Writer, CA — 
National Investigative Reporter, NY — 
Business & Gaming Reporter, NV — 
Coastal Climate Reporter, SC — 
Environment & Energy Reporter, CT — 
Coordinating Editor, OR — 
Editor, Remote US — 
Business Reporter, WA — 
Editor-in-Chief, AZ — 
