Top News:
Bloomberg Business:
How Nikkei won the Financial Times by adding £100M to Axel Springer's bid at the last minute — FT Chase Capped by Nikkei Leapfrogging Axel Springer for Paper — For Nikkei Inc., Japan's biggest financial news group, Thursday's $1.3 billion deal to buy the Financial Times capped a lengthy pursuit of the pink-hued newspaper.
Discussion:
Nieman Lab, Reuters, New York Times, New York Times, Press Gazette, Financial Times, BBC, USA Today, Financial Times, Featured Articles, Guardian, Press Gazette, @johnhalton, @rafat, @mathieuvonrohr, @ksbeatniks, @zerohedge, Press Gazette, USA Today, Press Gazette, World News Publishing Focus …, Wall Street Journal and Quartz
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Jasper Jackson / Guardian:
Financial Times to seek new London HQ next year — FT Group chief executive John Ridding says paper will also look to hire more staff following its acquisition by Japanese media group Nikkei — The Financial Times will begin looking for a replacement for its Thames-side London offices …
Alex Spence / Politico:
FT sale could mean Pearson selling its 50% stake in The Economist, but transfer of shares requires trustee approval — FT sale raises questions about The Economist — Could The Economist be the next on the block? — Pearson's stunning £844 million sale of the Financial Times …
Christopher Cushing / Reuters:
Nikkei's FT buy follows years of attempting to break into English news
Discussion:
Financial Times
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
Discussion:
Guardian, Quartz, Telegraph, Bloomberg View, Melville House Books, Bloomberg Business, @zseward and Agence France-Presse
Justin Ellis / Nieman Lab:
How a collaborative approach is helping NPR and local stations raise more money — A little teamwork between NPR and some member stations is helping raise money for future public media projects. According to Current, more than $4 million has been raised in the last year by NPR working …
Discussion:
Current.org
Peter Sterne / Capital New York:
New Gawker will be ‘20 percent nicer,’ Denton tells staff — When Gawker.com relaunches on Monday, expect it to be 20 percent nicer—or maybe just 10 percent nicer. — That's what Gawker C.E.O. Nick Denton told Gawker.com employees yesterday, during a meeting at the Crown Victoria bar in Williamsburg.
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.
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, “Diamond” View Buttons & Courts Creators — Announcements and news came during keynote …
Discussion:
Forbes, Re/code, Variety, Associated Press, Hollywood Reporter, MediaNama, The Next Web, Engadget, Broadcasting & Cable, Billboard, Business Insider, TechCrunch, Mashable and KTLA
Gurman Bhatia / Poynter:
Poynter to launch international fact checking site funded by Omidyar Network and National Endowment for Democracy grants — Poynter to launch international fact checking site — The Poynter Institute will build an international fact checking operation with $225,000 in grant funding …
William Turvill / Press Gazette:
Johnston Press predicts advertising growth this year for first time in a decade — Johnston Press chief executive Ashley Highfield has told staff he expects the company to “return to advertising growth for the first time in a decade” this year. — In an email to staff this afternoon …
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
Victor Fiorillo / Philadelphia Magazine:
Philadelphia Magazine calls on the New York Times to reverse decision and publish Bill Cosby's 2005 deposition in full — New York Times Refuses to Publish Cosby Deposition (We Asked) — Cosby's lawyers say the media are taking quotes out of context, and now the deposition is unavailable to the public.
Discussion:
Daily Kos, @abeaujon, @phillymag, @moneyries and @chrisgeidner
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