Top News:

After 80 per cent circulation drop in ten years, NME print edition to go free — NME is to be made into a free weekly magazine from 18 September, publisher Time Inc. has announced. — According to ABC, the music magazine - which current costs £2.60 - recorded an average weekly circulation of 15,384 in the second half of 2014.
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Adam Sherwin / The Independent:
Relaunched NME will downgrade music coverage, focusing on fashion, politics, film, fashion, television, politics, gaming, and technology — NME to go free and expand from music into ‘brand reinvention’ — Indie music bible the NME is to be given away free after circulation …
Discussion:
Guardian, NME, Music Week, Mediatel, @mark_samuels and @adamsherwin10
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UK Chancellor to announce that BBC will have to meet cost of license fee for over-75s, costing £650m; govt also considering allowing BBC to charge for iPlayer — BBC ‘must pay for free TV licences’ for over-75s — Free TV licences for over-75s are currently paid for by the government

How research (and PowerPoints) became the backbone of National Journal's membership program — In fall 2011, Atlantic Media chairman David Bradley wrote an memo about his career, leading right up to when he bought National Journal and The Atlantic Monthly. It was a roadmap wrapped around …
Discussion:
@mathewi, @clarajeffery and @jayrosen_nyu

Scottish investigative site The Ferret to launch Indiegogo campaign for £3.8K for first investigation, plans to generate revenue via subs, crowdfunding — Crowd-funded investigative journalism site the Ferret to launch in Scotland — Site needs 2,000 backers to begin tacklingdecline …
Discussion:
Street Fight, @patronsaintofca, @edibreakingnews, @irvinewelsh and allmediascotland

Lebedevs have ploughed £111m into Independent, Standard and TV station — Russian moguls invested £18m more last year as London Live struggled to pull in audiences, latest figures reveal — Evgeny and Alexander Lebedev have pumped more than £111m into the Independent …

Hulk Hogan Sex Trial Against Gawker to Hear New Court Date in October — Participants in Hulk Hogan's $100 million invasion of privacy lawsuit against Gawker Media will discuss a new trial date on Oct. 20, according to the Florida circuit court overseeing the trial. That means it's very likely it won't start till next year.

Hillary Clinton To Finally Give National Media Interviews — NEW YORK — Hillary Clinton will soon start giving interviews to the national media, nearly three months into her presidential campaign and amid growing tensions with the press. — Clinton communications director Jennifer Palmieri told Fox News …

The Nation celebrates its 150th birthday by relaunching site, will introduce metered paywall in a few months — The Nation Relaunches Site — The Nation, first published July 6 1865, is celebrating its birthday with a new website. Along with the great new look, the site is completely free for the next few months.
Discussion:
@chris_coletta

Ex-News of the World features editor Jules Stenson gets four-month suspended sentence — Ex-News of the World features editor gets four-month suspended sentence — Jules Stenson is the last journalist to be sentenced for his role in phone hacking at the now-closed paper
Discussion:
The Huffington Post, BBC, The Standard and Express & Star

John Malone's Liberty Global buys Irish broadcaster TV3 for $96M — John Malone's Liberty Global Buys Ireland's Commercial Broadcaster TV3 — John Malone's international cable company Liberty Global has bought Ireland's commercial broadcaster TV3 in a deal worth up to Euros 87 million ($96 million).
Discussion:
Hollywood Reporter, Digital TV Europe, Independent.ie and IP&TV News