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2:55 PM ET, July 30, 2015

Mediagazer

 Top News: 
Re/code:
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 …
Ravi Somaiya / New York Times:
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 …
RELATED:
Daniel Victor / New York Times:
Former University of Virginia Fraternity Members Sue Rolling Stone
Discussion: Jezebel
Shalini Ramachandran / 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.
RELATED:
Financial Times:
Amazon pays $250m to sign departing Top Gear trio for new show  —  Matthew Garrahan in New York, Murad Ahmed and Henry Mance in London  —  Amazon has signed the departing presenters of BBC's Top Gear show in a blockbuster $250m deal, as internet groups continue to encroach on the terrain of traditional broadcasters.
Brendan James / International Business Times:
Gawker names John Cook temporary executive editor, Leah Beckmann editor-in-chief, Hamilton Nolan deputy editor  —  Exclusive: John Cook Named New Top Editor At Gawker After Resignations  —  John Cook will be stepping up to temporarily serve as executive editor at Gawker Media …
RELATED:
Michael Calderone / The Huffington Post:   Staff of Guardian US votes unanimously to unionize under the News Media Guild
Todd Spangler / Variety:
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 …
Kristen Hare / 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.
Discussion: @poynter and @raju
The New York Times Company:
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: WWD and Poynter
Lukas I. Alpert / Wall Street Journal:
Gannett ‘Aggressively Pursuing’ Large-Market Acquisitions, Says New CEO  —  Strategy follows completion of spinoff from company's broadcast unit  —  Gannett Co. 's new chief executive said Wednesday that the publishing company is aggressively pursuing acquisitions of large-market properties …
Roger Yu / USA Today:
Gannett Q2: net income up 2.3% YoY to $53.3M, revenue down 8.7% to $727.1M  —  Gannett's Q2 income rises 2.3% on lower costs as revenue falls  —  Gannett (GCI), the new media company that was spun off from TEGNA (TGNA) last month, said Wednesday its second quarter net income rose 2.3% …
Timothy Heritage / Reuters:
Independent media battle on in Putin's Russia  —  Alexei Venediktov, one of Russia's most prominent journalists, does not go out without a bodyguard and does not answer mobile phone calls for fear of being tracked.  —  He has worried about security since someone left a chopping block …
 
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 More News: 
Chris Sutcliffe / TheMediaBriefing:
News UK CMO Chris Duncan on turning a subscription into a relationship
Discussion: @sallyfoote
Marisa Guthrie / Hollywood Reporter:
Derek Jeter talks about The Players' Tribune, now with contributions from nearly 300 athletes and an average of 1.1M unique viewers/month for first half of 2015
Discussion: Business Insider and FishbowlNY
Mike Masnick / Techdirt:
Study: Shutdown of Google News and other aggregators in Spain hurt news sites' traffic, ad revenue, and new and smaller publishers
Discussion: Search Engine Land and @tolles
Stephen Witt / The Verge:
Grooveshark lacked the music rights deals and the funding to compete against other services
 Earlier Picks: 
Mike Shields / Wall Street Journal:
New Breed of Digital Publishers Just Say No to Ad Tech
Discussion: AdExchanger and Street Fight
Sahil Patel / Digiday:
Naritiv offers representation and access to brands for Snapchat's emerging stars
Discussion: @digiday
Todd Spangler / Variety:
Execs Who Left Glenn Beck's TheBlaze Launch Digital-Media Consulting Shop
Laura Hazard Owen / Nieman Lab:
A look at varied approaches to user experience research at The New York Times and ProPublica
Discussion: @karenmcgrane
Jeffrey A. Trachtenberg / Wall Street Journal:
CEO Joe Ripp pushes online video, native ads and big data in an effort to save Time Inc.
Discussion: Media Wire Daily