Top News:
Bloomberg Business:
How Nikkei won the Financial Times by adding £100M to Axel Springer's bid at the last minute — FT Chase Capped by Nikkei Leapfrogging Axel Springer for Paper — For Nikkei Inc., Japan's biggest financial news group, Thursday's $1.3 billion deal to buy the Financial Times capped a lengthy pursuit of the pink-hued newspaper.
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Jasper Jackson / Guardian:
Nikkei tells Financial Times staff it does not plan job cuts — New Japanese owner insists it wants business title to become more profitable through investment, as union launches campaign around jobs and independence — The new Japanese owner of the Financial Times has moved to reassure staff …
Joe Pompeo / Capital New York:
Sulzberger scion Sam Dolnick gets a promotion at the Times — The New York Times has promoted Sam Dolnick to an associate editor position, reflecting the Times' growing focus on digital and the rise of one of the younger members of the family that controls the paper.
Discussion:
Poynter, The New York Times Company, @seanmdav, @joepompeo and @dangillmor
Austin Ramzy / New York Times:
Malaysia Suspends 2 Newspapers Covering Scandal at State-Owned Fund — HONG KONG — The Malaysian authorities have ordered two newspapers to suspend publishing for three months over their reporting on a financial scandal that has embroiled Prime Minister Najib Razak and other members of the country's elite …
Discussion:
Reuters, AsiaOne, South China Morning Post and bangkokpost.com
Victor Fiorillo / Philadelphia Magazine:
Philadelphia Magazine calls on the New York Times to reverse decision and publish Bill Cosby's 2005 deposition in full — New York Times Refuses to Publish Cosby Deposition (We Asked) — Cosby's lawyers say the media are taking quotes out of context, and now the deposition is unavailable to the public.
Discussion:
@abeaujon, @phillymag, @moneyries and @chrisgeidner
Shalini Ramachandran / Wall Street Journal:
Comcast took $252M impairment charge on Weather Channel, increases Hulu estimate from $167M at end of last year to $267M as of June 30 — Comcast Slashes the Value of Its Weather Channel Investment … The Weather Channel's distribution woes are casting a cloud over its owners' investments.
Discussion:
@shaliniwsj and @jbflint
Shalini Ramachandran / Wall Street Journal:
Dish objects to upcoming FCC order to deny $3.3B in discounts it sought in wireless spectrum auction earlier this year — Dish Responds to FCC's Move to Deny Spectrum Auction Discounts — Satellite provider told that matter won't get a hearing or referred to an enforcement bureau
Discussion:
FierceWireless
Danny Sullivan / Marketing Land:
YouTube CEO Susan Wojcicki announces redesigned Android app at Vidcon, says watch time is up 60%, mobile revenues grew 100%, partner revenue is up 50% YoY — YouTube Gets Mobile Redesign, “Diamond” View Buttons & Courts Creators — Announcements and news came during keynote …
Discussion:
Re/code, Variety, Hollywood Reporter, MediaNama, The Next Web, Broadcasting & Cable, Billboard, Engadget, Business Insider, TechCrunch and Mashable
Alexander Howard / The Huffington Post:
New Federal Watchdog Has Dubious Track Record — James Holzer's public record on FOIA is cause for concern. — Senior Editor for Technology and Society, The Huffington Post — The U.S. has a new ombudsman for the Freedom of Information Act. This week, Archivist of the United States …
Discussion:
@trevortimm and @freedomofpress
Azi Paybarah / Capital New York:
Sharpton launches blog to ‘flip the script’ on media — The Rev. Al Sharpton has frequently criticized members the media, even after himself becoming host of a nationally syndicated radio show and a weeknight show on MSNBC. Now, he'll bring his media criticism to a new frontier: the internet.
Discussion:
Mediaite
Richard Parker / Columbia Journalism Review:
Q&A with Dallas Morning News editor Mike Wilson on data-driven news, local coverage, and revenue diversification — Dallas Morning News editor: ‘We are all salespeople now’ — Late last year, Mike Wilson became the first person in 35 years from outside the offices of The Dallas Morning News to be named the paper's top editor.
Sarah Perez / TechCrunch:
Google Brings Its 360-Degree Movies App, Spotlight Stories, To iOS — Google Spotlight Stories, a mobile app featuring immersive, 360 degree animated films originally developed by Motorola ahead of its 2011 Google acquisition, has now made its way to iOS devices.
Discussion:
9to5Mac, @charleskoh, Engadget, The Next Web and The Verge
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