Top News:


Months after a retracted UVA rape story that spurred lawsuits, Rolling Stone Managing Editor Will Dana is leaving — Will Dana, Rolling Stone's Managing Editor, to Depart — Will Dana, the managing editor of Rolling Stone, will leave the magazine, just months after a controversial article …
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Washington Post, The New York Observer, Reuters, FishbowlNY, Poynter, bookforum.com, Slate, msnbc.com, @erinmcpsu, Hit & Run, Washington Times, @mlcalderone, Mashable, Guardian, @jayrosen_nyu, New York Magazine, Business Insider, The Huffington Post, Mediaite, The Wrap, Media Wire Daily and Hollywood Reporter
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Former University of Virginia Fraternity Members Sue Rolling Stone — The Phi Kappa Psi fraternity house at the University of Virginia in Charlottesville, Va. — Three former members of the Phi Kappa Psi fraternity at the University of Virginia filed a lawsuit against Rolling Stone …
Discussion:
Jezebel


Sources: NBCUniversal close to investing $250M in BuzzFeed at a $1.5B valuation, also investing in Vox Media at a $850M valuation — NBCUniversal Poised to Make Big Investments in BuzzFeed and Vox Media — NBCUniversal is close to a deal to invest $250 million in BuzzFeed …
Discussion:
FishbowlNY, Media Wire Daily, Variety, BGR, @edmundlee and Business Insider, Thanks:@brooksandy


Guardian News & Media reports 20% increase in digital revenues to £82.1M YoY, losses down to £19.1M — Guardian and Observer publisher reduces losses as digital revenues rise — Guardian News & Media reports digital revenues rose 20% from £68.3m to £82.1m in the year to the end of March
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Press Gazette, Financial Times, Guardian, Mediatel and @alexgspence
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Arthur Gregg Sulzberger Named Associate Editor — New York Times Executive Editor Dean Baquet announced that Arthur Gregg Sulzberger has been promoted to Associate Editor in a memo to staff. The memo follows: — Mapping Our Strategy: A.G. Sulzberger — Effective immediately, A.G. Sulzberger will be an Associate Editor.
Discussion:
Poynter


There's a Facebook group to help journalists figure out their plan B — Last May, Russ Kendall learned that another friend and journalist had been laid off. Linda Epstein, McClatchy-Tribune Wire's senior photo editor for 15 years, would lose her job in July when the company shuttered its wire service.


Time Warner Cable Misses Q2 Estimates, Hurt by Rising TV Programming Costs — Time Warner Cable, target of a pending takeover by John Malone-backed Charter Communications, posted revenue and earnings below analyst expectations for the second quarter of 2015 — even though the cable operator touted …
Discussion:
Home Media Magazine, Media & Entertainment, The Wrap, Reuters, Bloomberg Business and Wall Street Journal


Former ‘Top Gear’ Hosts to Launch Series on Amazon — The controversial ex-hosts of the long-running British television show “Top Gear” are headed to Amazon.com Inc.'s Prime Instant Video service to create a new automotive series, people familiar with the matter said.
Discussion:
Guardian, Digiday, Thomson IR, TechCrunch, Business Insider, Variety, Fortune, Forbes, The Next Web and Engadget

Study: Shutdown of Google News and other aggregators in Spain hurt news sites' traffic, ad revenue, and new and smaller publishers — Study Of Spain's ‘Google Tax’ On News Shows How Much Damage It Has Done — As you may recall, governments across Europe, generally at the behest …
Discussion:
@tolles


News UK CMO Chris Duncan on turning a subscription into a relationship — Chris Duncan, chief marketing officer for News UK, will be appearing on a panel at TheMediaBriefing's Monetising Media conference which takes place from 21st - 23rd October 2015 in London.
Discussion:
@sallyfoote


Egypt court postpones Al-Jazeera retrial verdict — Cairo (AFP) - An Egyptian court postponed Thursday its verdict in the retrial of three Al-Jazeera journalists accused of supporting the banned Muslim Brotherhood, in a case that has sparked a global outcry.
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Guardian, Associated Press, Reuters, Sydney Morning Herald, Business Standard, BBC, Sydney Morning Herald, Globe and Mail, DW.COM, News24, CTVNews and NPR

Art in America Sold to ARTnews Owner — Two of the most venerable American art publications will now be owned by the same company and will be merged into a single entity online. — Peter Brant, the contemporary art collector and publisher, announced on Wednesday that he had agreed to sell Art in America …
Discussion:
Business Wire, Reuters and Media Wire Daily