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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.
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Nieman Lab, Guardian, New York Times, Reuters, New York Times, Press Gazette, BBC, Financial Times, USA Today, Financial Times, Press Gazette, @rafat, @zerohedge, Guardian, Press Gazette, Featured Articles, @johnhalton, @mathieuvonrohr, @ksbeatniks, USA Today, Press Gazette, Wall Street Journal, World News Publishing Focus … and Agence France-Presse
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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 …
Discussion:
Melville House Books, The Week, Poynter and Financial Times
Christopher Cushing / Reuters:
Nikkei's FT buy follows years of attempting to break into English news — Nikkei's $1.3 billion (838 million pounds) purchase of the Financial Times from Britain's Pearson PLC (PSON.L) marks the culmination of decades of attempts by the Japanese household name to break into mainstream English-language media.
Discussion:
Financial Times
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 …
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.
Jacob Kastrenakes / The Verge:
FCC has approved AT&T's $48.5B acquisition of DirecTV with conditions, making combined firm the largest US pay TV company with 26M subscribers — FCC approves AT&T-DirecTV merger — The FCC has approved AT&T's $48.5 billion acquisition of DirecTV, bringing one of the nation's largest …
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.
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The Daily Beast, RADAR, The New York Observer, TVNewser, Gawker, International Business Times, The Wrap, The Huffington Post, @chashomans, Business Insider, The Daily Caller, @realobf, @eorden, @jackshafer, @jtlol, @glennf, @mcmoynihan, @tomgara, @anchorlines, @nytfridge, FishbowlNY, @romenesko, The Week and Guardian
D.B. Hebbard / Talking New Media:
McClatchy Q2 ad revenue drops to $158.5M, down 14.2% YoY; audience revenue flat, digital-only subscribers grew 28.6% YoY; impairment charges expected in August — McClatchy reports lower revenue, net income in Q2 earnings report as ad revenue falls 14% — The newspaper company sold off …
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 …
Discussion:
About Us | Poynter and @womenjournos
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 …
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Caroline Bauman / Nieman Storyboard:
The Riveter, a longform journalism magazine “by women, for women”, to expand print edition to quarterly next year — The Riveter: Longform Journalism by Women, for Women — With their website and print quarterly, founders Kaylen Ralph and Joanna Demkiewicz are addressing gender disparities in narrative nonfiction
James Rainey / Variety:
Relativity Media countersues RKA Film Financing for $200M, which had sued Relativity and its CEO, Ryan Kavanaugh, for $90M claiming fraud — New Lawsuit Calls Ryan Kavanaugh ‘Con Man,’ Accusing the Relativity Chief of Fraud (Exclusive) — UPDATED: A New York finance company …
Discussion:
Deadline and New York Post
Radio Free Europe/Radio Liberty:
Azerbaijani Journalist Ismayilova Asserts Innocence In First Day of Trial — WATCH: Activists Barred From Baku Courtroom As Ismayilova's Trial Begins — Azerbaijani investigative journalist Khadija Ismayilova asserted her innocence during the first day of her trial in Baku …
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