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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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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 and Financial Times
Alex Spence / Politico:
FT sale could mean Pearson selling its 50% stake in The Economist, but transfer of shares requires trustee approval
Christopher Cushing / Reuters:
Nikkei's FT buy follows years of attempting to break into English news
Discussion:
Financial Times
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 …
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VentureBeat, CNNMoney, Variety, Forbes, Broadcasting & Cable, New York Times, @toddpr, Techdirt, ZDNet, CNBC, Engadget, The Next Web and Fortune
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.
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.
Discussion:
The Daily Beast, RADAR, TVNewser, Gawker, The New York Observer, @johndiesattheen, International Business Times, The Daily Caller, @realobf, @eorden, @jackshafer, @jtlol, @glennf, @mcmoynihan, @chashomans, The Wrap, @tomgara, @anchorlines, @nytfridge, Business Insider, FishbowlNY, The Huffington Post, The Week, @romenesko and Guardian
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
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
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 …
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
Mike Masnick / Techdirt:
State Of Georgia Sues Carl Malamud For Copyright Infringement For Publishing State's Own Laws — State Of Georgia Sues Carl Malamud For Copyright Infringement For Publishing The State's Own Laws — Two years ago, we wrote about the state of Georgia ridiculously threatening to sue Carl Malamud …
Discussion:
@carlmalamud and @cshirky
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:
Hollywood Reporter, Deadline, @raineytime and New York Post
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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Re/code, Variety, Droid Life, Forbes, @glenngabe, Hollywood Reporter, MediaNama, The Next Web, MediaShift, Engadget, Broadcasting & Cable, Billboard, Business Insider, KTLA, TechCrunch and Mashable
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