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, New York Times, New York Times, Press Gazette, Financial Times, USA Today, BBC, Politico, Press Gazette, Guardian, @rafat, Featured Articles, @johnhalton, USA Today, @mathieuvonrohr, @ksbeatniks, Press Gazette, Press Gazette, World News Publishing Focus …, Wall Street Journal and Quartz
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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
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:
Quartz, Guardian, 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
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, Hollywood Reporter, MediaNama, The Next Web, Engadget, Broadcasting & Cable, Billboard, Business Insider, TechCrunch, Mashable and KTLA
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:
FishbowlNY, Poynter, @mikeisaac, The New York Times Company, @seanmdav, @joepompeo and @dangillmor
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
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 …
Discussion:
Guardian
Sarah Perez / TechCrunch:
Google Brings Its 360-Degree Movies App, Spotlight Stories, To iOS — Google Spotlight Stories, a mobile app featuring immersive, 360 degree animated films originally developed by Motorola ahead of its 2011 Google acquisition, has now made its way to iOS devices.
Discussion:
9to5Mac, @charleskoh, Engadget, The Next Web and The Verge
Austin Ramzy / New York Times:
Malaysia Suspends 2 Newspapers Covering Scandal at State-Owned Fund — HONG KONG — The Malaysian authorities have ordered two newspapers to suspend publishing for three months over their reporting on a financial scandal that has embroiled Prime Minister Najib Razak and other members of the country's elite …
Discussion:
Reuters, AsiaOne, South China Morning Post and bangkokpost.com
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
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.
Discussion:
@shaliniwsj and @jbflint
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