Top News:
Peter Kafka / Re/code:
Axel Springer acquisition of Business Insider sets new mark for digital publisher sales — Sold! Axel Springer Bets Big on Digital, Buys Business Insider. — Earlier this year, German publisher Axel Springer tried and failed to buy the Financial Times. Now it's acquiring Business Insider.
Discussion:
Adweek, New York Times, Folio, The Wrap, The Atlantic, Press Gazette, FishbowlNY, @om, @pmarca, @rosslevinsohn, @waltmossberg, @m_d_4, Poynter, @danprimack, @lock, @socarolinesays, @brianstelter, @mathewi, @rafat, @morningmoneyben, AdExchanger, @felixsalmon, @anildash, @ivanthek, @ritholtz, @digitalshields, @sirsteven and @pkafka
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Kenneth Wong / Bloomberg Business:
Axel Springer Buys 88% of Business Insider for $343 Million — German media company Axel Springer SE agreed to buy an 88 percent stake in Business Insider Inc. for $343 million. — Axel Springer already owns a 9 percent stake in New York-based Business Insider, which runs …
Mike Shields / Wall Street Journal:
Facebook's Head of News Partnerships, Liz Heron, joins The Huffington Post as Executive Editor, will jointly steer site alongside Arianna Huffington — Huffington Post Names Liz Heron Executive Editor — Ms. Heron was Facebook's head of news partnerships
Discussion:
@marklittlenews, @jimbrady, @digitalshields, @mitrakalita and @sarahmarshall
Todd Spangler / Variety:
Comcast launches web video service Watchable with 30 partners including Vice, Vox, and Buzzfeed — Comcast Launches Watchable: Can Web Video Help Save Cable TV? — Cable giant debuts service with 30 content partners, available on set-tops, apps and online
Discussion:
Comcast, LostRemote, FishbowlNY, The Wrap, CNNMoney and NetNewsCheck Latest
Krishnadev Calamur / The Atlantic:
Ta-Nehisi Coates is among 24 recipients of genius grants from the John D. and Catherine T. MacArthur Foundation — ‘Geniuses’ Revealed — The Atlantic's Ta-Nehisi Coates is among this year's 24 recipients of “genius” grants from the John D. and Catherine T. MacArthur Foundation.
Discussion:
New York Times, @tanehisicoates, The Huffington Post, @georgiareview, @embeedub, @farai, @kenyonreview, @justinwolfers, @mathewi and @antderosa
Variety:
Trevor Noah Vows to ‘Continue the War on Bull—’ in ‘Daily Show’ Opening — Trevor Noah spent his first four minutes as host of “The Daily Show” paying tribute to his predecessor Jon Stewart and acknowledging the debate that ensued over who should succeed Stewart at the helm of the Comedy Central franchise.
Discussion:
The Daily Beast, The New York Observer, LostRemote, The Wrap, CNNMoney, Fortune, The Wrap, EW.com and Washington Post
John Cassidy / New Yorker:
Financial Times CEO John Ridding on the paper's acquisition by Nikkei and how journalism shot itself in the foot by going for mass-reach, low quality — The Financial Times and the Future of Journalism — In a generally depressing decade for newspapers, the Financial Times …
Discussion:
Financial Times, Beyond Search and FishbowlNY
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Brendan James / International Business Times:
Al Jazeera America Will Not Recognize Union: NLRB Elections Underway — After several weeks, the management at Al Jazeera America (AJAM) has decided not to recognize the union drive announced by staffers on Sept. 3, putting into motion an election in which votes will be cast by employees …
Discussion:
The Huffington Post
Doc Searls Weblog:
Ad blocking is a form of boycott that could improve relationships between marketers and customers — Beyond ad blocking — the biggest boycott in human history — According to Business Insider, ad blocking is now “approaching 200 million.” — Calling it a boycott is my wife's idea.
Discussion:
@jbenton and @dangillmor
Janko Roettgers / Variety:
Samsung to Shutter Milk Video Service in November — Senior Silicon Valley Correspondent @jank0 — Samsung is shuttering its Milk Video service in November. The company announced the shut-down on Google Play Monday, writing: “While we remain committed to providing premium entertainment services …
Discussion:
Re/code, VideoNuze Analysis, @jank0, Business Insider, The Next Web and The Verge
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Mike Shields / Wall Street Journal:
Verizon's go90 Mobile Video Service Signs Up Publicis in Exclusive Ad Deal
Discussion:
Adweek, Ad Age and Multichannel News
Samuel Gibbs / Guardian:
Google launches new Chromecast and Chromecast Audio streaming dongles — Updated smart TV dongle improves Wi-Fi and reduces buffering while new audio connector turns almost any hi-fi smart with wireless audio streaming — Google has announced two new Chromecast streaming gadgets …
Discussion:
TechCrunch, VentureBeat, Telegraph, BBC, Re/code, 9to5Google, CNET, The Verge, Engadget and Mashable
Dominic Ponsford / Press Gazette:
Sun reporter Mazher Mahmood to face trial charged with conspiracy to pervert the course of justice — Sun reporter Mazher Mahmood is to face trial accused of conspiracy to pervert the course of justice. — The news comes just after a year after he was suspended from his job following …
Discussion:
iMediaEthics
Joe Mullin / Ars Technica:
US gov't: Kim Dotcom paid pirates $3M for movies, should be extradited — Long-delayed hearing has begun, and Dotcom may yet face US prosecutors. — In a New Zealand courtroom, the US government has begun making its case as to why Megaupload founder Kim Dotcom should face criminal copyright charges.
Discussion:
International Business Times, The Verge and TorrentFreak
Jack Marshall / Wall Street Journal:
Digital Content Next study: fraudulent traffic is 2.8% at member sites like Conde Nast, ESPN, Vox Media, CBS, NBCUniversal, NYT, vs. 11% on wider Web — Big Publishers' Fraud Rate is 2.8%, Wider Web's is 11%, Studies Say — Online media companies aim to distance themselves from ad fraud
Discussion:
Nieman Lab
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