SBI Holdings will sell Dow Jones the 40% stake Dow Jones lacks in the Wall Street Journal Japan, giving it sole ownership of the  Journal's Japanese-lanaguage website. The company plans to expand operations of the site, launched in 2009 -- which should aid in reaching new readers in the Asian market, along "with the WSJ.com Chinese-language edition and soon-to-launch Bahasa Indonesia news site," according to Lex Fenwick, Dow Jones CEO.

The Barry Diller-backed online television service Aereo, currently available only in New York, will be in "most major" markets within a year and a half, according to Diller, speaking at the annual Sun Valley meeting that draws many media moguls. He was triumphant about last week's ruling that "could upend the economics of broadcast television," allowing Aereo to operate "while television networks pursue a copyright lawsuit against the company," write Edmund Lee and Jonathan Erlichman. “One of my friends at a large broadcaster said you succeeded in dropping my stock 2 percent,” Diller said.

NBC just released two free apps for the London Olympics "designed to sync with TV and provide all the detailed content you might be looking for during the events," writes Natan Edelsburg. Available for all Apple and some Android mobile devices, the apps' features include "Primetime Companion," which will stream “all 32 sports, the awarding of all 302 medals as well as event rewind,” according to NBC. "With this app you’ll be able to watch streams dedicated to each event, truly proof that this is a game-changer for the 2012 games," writes Edelsburg.

Twelve Condé Nast corporate sales executives have been laid off, while digital execs were promoted, as part of a major restructuring meant "to integrate its print and digital sides," reportsAdweek's Emma Bazilian. Among the departed: Thomas Hartman, senior vice president for corporate sales, and senior vice president of finance Rob Silverstone. In other publishing personnel news, Time Inc.'s Sports Illustrated "was expected to begin layoffs as early as Thursday," with only three staffers having taken earlier voluntary buyouts, reports  Lucia Moses. Hardest hit could be the photography department, an important part of the magazine's tradition.

The Wall Street Journal will "play in the free and paid models," in its digital strategy, with "a very premium, subscriber-led model" (wsj.com) "and at the other end a fairly large free-to-consumer model" (Marketwatch and other sites), according to Raju Narisetti, digital chief. Bottom line will be what Narisetti calls "WSJ Everywhere – no matter where our consumers want to consume our content, we’ll be there, as long as they are willing to pay." Narisetti also discusses the pace of change in the media biz (not fast enough, he thinks), platform agnosticism, and audience promiscuity (um, he means …

Publicis Worldwide is merging two of its New York agencies. The Kaplan Thaler Group and Publicis New York will join to form Publicis Kaplan Thaler, to be headed by the two most senior execs at Kaplan Thaler: Linda Kaplan Thaler and Robin Koval. Joe McCarthy, formerly Publicis New York's chief executive, is leaving. All other employees and clients of the merged agencies are set to remain.

CBS will launch most of its fall season offerings from Sept. 24 to 30, Michael O'Connell reports. Only exception will be "Survivor: Philippines." Check out this post for the rest of the schedule, including the premiere dates for new shows "Partners," "Vegas," Elememtary" and "Made In Jersey."

The folks at Carrington College, who created an inforgraph updating aspects of "Mad Men" to today -- including Don Draper's and Peggy Olson's salaries -- get most of the details wrong, writes Rupai Parekh. We've gotta agree: Don making only $80,000? As Parekh notes, the "client-charming, big-idea-spawning" Don is more likely to command a salary 10 times that figure. Parekh cites other stats about how high salaries are these days for top talent -- and also debunks "the notion that there's no drinking or smoking allowed inside agencies today."

Exhibitors who couldn't get booth space for this year's Comic-Con International, starting today, have come up with a variety of ingenious ways to promote their entertainment offerings to consumers and  press off the convention floor. For example, the cable network the Hub took over the Broken Yolk, a San Diego restaurant. "Everything in the restaurant has been re-branded, down to the condiments on the tables and the soap in the bathrooms, to draw in hungry fans on their way to and from the convention center," writes Gregory Schmidt.

The more stories you have on your newspaper site, the more money you'll get -- or at least that's the conclusion reached by a Press1 study. Comparing four otherwise similar newspaper websites operating metered paywalls,  the study found sites that published the most stories sold many more subscriptions than those publishing fewer stories, reports Steve Myers. Myers parses these findings, noting that one variable affecting the results could be how many free stories readers are allowed before they're asked to subscribe: "Sites that publish more stories and set a lower threshold for requesting revenue will be asking people …