Top News:
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 …
Discussion:
VentureBeat, Variety, Ubergizmo, Broadcasting & Cable, Engadget, New York Times, The Next Web, Techdirt, Forbes, CNBC, ZDNet, Fortune and @toddpr
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, Financial Times and The Week
RELATED:
Bloomberg Business:
How Nikkei won the Financial Times by adding £100M to Axel Springer's bid at the last minute
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
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:
RADAR, The Daily Beast, Gawker, TVNewser, @anamariecox, @johndiesattheen, The New York Observer, @tomgara, International Business Times, The Wrap, Business Insider, @jtlol, The Daily Caller, @nytfridge, @chashomans, @realobf, @jackshafer, The Huffington Post, FishbowlNY, @eorden, @anchorlines, @mcmoynihan, @glennf, The Week and @romenesko
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.
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 …
Discussion:
Poynter, McClatchy, @cshirky, USA Today and @jeffjarvis
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:
@dangillmor, @carlmalamud, @cshirky, @digiphile and @darth
Janko Roettgers / Variety:
Verizon's mobile video service Go90 will launch late this summer, initially for free, with full TV show episodes from select networks on tap — Verizon Mobile Video Service Details Uncovered: To Be Called Go90 (Exclusive) — Verizon is getting ready to launch a new mobile video service called Go90 this summer, Variety has learned.
Discussion:
Multichannel News, The Verge and VentureBeat
TechCrunch:
Flipboard Confirms New $50M Funding Round From JP Morgan — Flipboard has confirmed to us that it has raised $50 million, two days after we first reported that the company had authorized the shares earlier this year. JP Morgan was the sole investor, the company says.
Discussion:
The Digital Reader
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:
New York Post, Hollywood Reporter, @raineytime and Deadline
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
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:
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