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:
Gawker, The Wrap, Adweek, New York Times, The Awl, @hblodget, The Wrap, Poynter, @danprimack, Press Gazette, @lock, @m_d_4, @om, @waltmossberg, @rosslevinsohn, @morningmoneyben, FishbowlNY, AdExchanger, @felixsalmon, @anildash, @pmarca, @ritholtz, @pkafka, Folio, The Atlantic, @digitalshields, @sirsteven, @mathewi, @rafat, @socarolinesays, @brianstelter and @ivanthek
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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 …
Re/code:
Sources: Twitter building new product to let users share tweets longer than 140 characters, enabling publication of longform content on the platform — Twitter Plans to Go Beyond Its 140-Character Limit — Twitter is building a new product that will allow users to share tweets that are longer …
Discussion:
WIVB-TV, Slate, SFist, The Information, Wall Street Journal, ABC, New York Times, Fortune, VentureBeat, VatorNews, Daily Mail, Business Insider, @mims, Guardian, Telegraph, @dangillmor, Consumerist, US News, Variety, GeekWire, The Next Web, Engadget, @lexalexander, @the_author_, KRON4.com, Mashable, MacRumors, The Verge, App Advice, The Week and BuzzFeed
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:
Poynter, CNNMoney, @jimbrady, @digitalshields, @huffingtonpost, @mitrakalita, @marklittlenews, @lheron, @sarahmarshall and Liz Heron
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:
Beyond Search, Financial Times and FishbowlNY
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
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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, Home Media Magazine, Ad Age, Adweek, LostRemote, The Wrap, FishbowlNY, CNNMoney and NetNewsCheck Latest
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:
FishbowlNY, @moorehn and The Huffington Post
Wall Street Journal:
Digital measurement firm ComScore to acquire TV measurement firm Rentrak in all-stock deal — Measurement Firm ComScore to Acquire Rentrak — Merger could create more formidable rival to No. 1 player Nielsen — Measurement firm comScore Inc. on Tuesday said it agreed to acquire rival Rentrak Corp …
Discussion:
Variety, The Wrap, New York Times and USA Today
Anthony Ha / TechCrunch:
YouTube announces Shopping ads, which overlay the video player, with testing this fall — YouTube Introduces Shopping Ads — YouTube videos are going to get more shoppable, with the company announcing a new ad unit today called Shopping ads. — The Google-owned video site has been moving …
Discussion:
New York Times, Globe and Mail, Adweek, Inside AdWords, Business Insider and Re/code
Rhiannon Williams / Telegraph:
Zane Lowe: 'I'm not sure that Apple Music needs Beats 1' — The Beats 1 and former BBC DJ said he is uncertain as to why Apple's streaming service Apple Music needs his station Beats 1 — DJ Zane Lowe has admitted he's unsure if Apple Music needs the digital radio station Beats 1 …
Discussion:
The Next Web and Digital Spy
Brent Lang / Variety:
21st Century Fox Taps Investor Jeffrey Ubben to Join Board — Senior Film and Media Reporter @BrentALang — 21st Century Fox has tapped ValueAct Capital founder Jeffrey W. Ubben to join its board, bringing the number of directors from 12 to 13. — Ubben made headlines last month by buying …
Discussion:
The Wrap, Deadline and Broadcasting & Cable
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, Business Insider, VideoNuze Analysis, @jank0, The Next Web and The Verge
RELATED:
Mike Shields / Wall Street Journal:
Verizon's go90 Mobile Video Service Signs Up Publicis in Exclusive Ad Deal
Discussion:
Ad Age, Adweek and Multichannel News
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