Top News:
Kate Holton / Reuters:
Pearson confirms it is in advanced discussions to sell the Financial Times, source says to a global, digital news company — Exclusive: Pearson has decided to sell FT to global media owner — British publisher Pearson has decided to sell the Financial Times to a global …
Discussion:
New York Times, Guardian, Variety, Wall Street Journal, @alexgspence, @johngapper, Financial Times, The Times, @coreypein, @wblau, Hollywood Reporter, Bloomberg Business, @thestalwart, @dansabbagh, @raju, @janemartinson, @mediaguido, Associated Press, @gideonspanier, @chrisunlimited, @reuters, @raju, @pete_spence, @thestalwart, Bookseller News, Fortune, @themediaisdying and Business Insider
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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.
Discussion:
Mashable and Wall Street Journal
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
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.
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:
Fortune, Business Insider, Six Colors, @janole, @davidbyttow, Daring Fireball, App Advice and BGR
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 …
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.
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
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.
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 …
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 — A Tech Startup Is Trying to Catalogue Every Piece of Art on the Market — And once it's catalogued, Verisart aims to help people buy and sell art digitally
Discussion:
artnet News
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 …
Discussion:
Hurriyet Daily News, The Verge and Wall Street Journal
Peter Sterne / Capital New York:
At Gawker meeting, Denton says editorial must take business and advertising concerns into consideration — The ‘Gawker tax’ is getting too high, Denton tells his staff — Gawker Media is a business. — That's the message that C.E.O. Nick Denton had for his editorial employees yesterday …
Discussion:
Digiday, Guardian, Fortune, Guardian, @bendreyfuss, @markamesexiled, @ppolitics, @antderosa, @petersterne, @jayrosen_nyu, @justingraeber, @justinnxt, The Huffington Post, @danielleiat, @jayrosen_nyu, @hadas_gold, CNBC, @mathewi, @patrickcoffee, @clarajeffery, @leahfinnegan, WWD, @leonlazaroff, @tylercoates, @raju and @paulszoldra
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Hadas Gold / Politico:
New York Times denies Nick Denton's claim that reporters' beats are changed to satisfy advertisers
Discussion:
@bxchen, @hadas_gold and @petersterne
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