Top News:
Politico:
Sources: Pearson is in advanced talks to sell its 50 percent stake in the Economist group — Pearson in talks to sell the Economist … Photo by EPA — Pearson in talks to sell the Economist — Potential buyers include Bloomberg.
Discussion:
Quartz, @alexgspence, @ajit_ranade, @peter_tl, Reuters and NPR
Benjamin Mullin / Poynter:
New York Times walks back article that falsely reported government officials sought criminal investigation into Hillary Clinton's use of email — New York Times changes its Hillary Clinton story again — The revision history of a New York Times article that originally reported government officials …
Discussion:
Newsweek, Politico, New York Times, Wall Street Journal, Mediaite, @sulliview, @dylanbyers, @jayrosen_nyu, Washington Post, Guardian, Mother Jones, The Daily Caller and Techdirt
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, @toddpr, Ubergizmo, New York Times, Techdirt, Forbes, ZDNet, Fortune, The Next Web, Engadget, Broadcasting & Cable and CNBC
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:
Reuters, Press Gazette, BBC, Guardian, New York Times, New York Times, Financial Times, Financial Times, Financial Times, USA Today, Press Gazette, Guardian, Press Gazette, Politico, USA Today, Poynter, Press Gazette, @zerohedge, @rafat, Featured Articles, @johnhalton, @mathieuvonrohr and @ksbeatniks
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Jasper Jackson / Guardian:
Financial Times to seek new London HQ next year
Discussion:
Melville House Books
Christopher Cushing / Reuters:
Nikkei's FT buy follows years of attempting to break into English news
Discussion:
Financial Times
Liz Hoffman / Wall Street Journal:
Comcast in talks with several online publishers including Vice, BuzzFeed, and Business Insider, and has discussed increasing its roughly 14% stake in Vox — Comcast in Talks With Multiple New-Media Firms — Cable giant negotiating with Vice, BuzzFeed, others as it seeks access to young audiences
Discussion:
@mikeisaac, The Hill and BGR
Ingrid Lunden / TechCrunch:
Yahoo Quietly Acquired Germany's Media Group One For $23M In Q1 — Yahoo's well-worn acquisition trail to bring tech and talent back into the Internet company has been one of the more notable hallmarks of life under CEO Marissa Mayer. And while M&A appears to have slowed down significantly in 2015 …
Discussion:
@ingridlunden
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.
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:
@darth, @digiphile, @dangillmor, @carlmalamud and @cshirky
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:
Quartz, RADAR, The Daily Beast, International Business Times, Gawker, TVNewser, @anamariecox, @tomgara, The New York Observer, @johndiesattheen, The Wrap, Business Insider, @petersterne, @jtlol, The Daily Caller, @nytfridge, The Huffington Post, FishbowlNY, @realobf, @jackshafer, @chashomans, @eorden, @anchorlines, @mcmoynihan, @glennf, The Week and @romenesko
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, @jeffjarvis, @cshirky, McClatchy and USA Today
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
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, New York Post, @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
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