Mediagazer: Oprah Winfrey prepares to venture out on her OWN (Gary Levin/USA Today)

Edmund Lee / AdAge:

Twitter Begins Publishing Ads in Users' Streams — NEW YORK (AdAge.com) — Starting today, Twitter will drop advertising into individual users' Twitter streams, also known as timelines, according to people familiar with the matter. Longstanding Twitter advertisers Virgin, Starbucks and Red Bull have bought into this new service.

Discussion: HootSuite blog, Twitter Blog, GigaOM, The Next Web, paidContent, ReadWriteWeb and TechCrunch, more at Techmeme »

Washington Post Sponsors Trending Topic on Twitter for Election Day — It's a pretty safe bet that the election will be a hot topic on Twitter on Tuesday, and The Washington Post plans to capitalize on users' interest by sponsoring an election-related trending topic.

Discussion: MediaMemo, paidContent, GigaOM, Gothamist, Twitter Blog, ReadWriteWeb, The Next Web, The Atlantic Online and Tech Daily Dose, more at Techmeme »

Jeremy W. Peters / Media Decoder:

Editor of Daily Variety Is Pushed Out — The editor of Daily Variety has been pushed out after less than a year on the job. — Leo Wolinsky, a Los Angeles Times veteran who was hired by Daily Variety last year to help it survive in the rapidly changing Hollywood media market, confirmed that he was let go on Monday.

Discussion: Romenesko and LA Observed

David Carr / New York Times:

Rally to Shift the Blame — In his new role as a political leader, which is what you call somebody if he hosts a rally on the Washington Mall for over 200,000 people, Jon Stewart was a little hemmed at the Rally to Restore Sanity on Saturday. Because sanity should know no party, partisan rhetoric was not on the teleprompter.

Discussion: AllYourTV.com, Gawker, Salon, Lost Remote, The Atlantic Online, This Just In, BrauBlog, TBD All News, Gothamist, CJR, Jezebel, National Review, Washington Post and Big Hollywood

Jon Stewart to Reddit: you don't matter — Backstory: Reddit has been pushing support for the Stewart/Colbert rally since its inception, possibly since before its inception. — At the Rally For Sanity press conference on Saturday, Alexis Ohanian, co-founder of Reddit …

Discussion: Fox News and Indecision Forever

Ross Dawson / Trends in the Living Networks:

Launch of Newspaper Extinction Timeline for every country in the world — Back in August I predicted that newspapers in their current form will be irrelevant in Australia in 2022. That received significant international attention including from The Australian, The Guardian, Editor & Publisher …

Discussion: TheAustralian, Runnin' Scared, The Next Web, Guardian and Jon Slattery

Jeff Bercovici / Mixed Media:

CNN's Newest Hire on Replacing Larry King and Beating Fox News — Piers Morgan. Image by thisiscow via Flickr — If CNN manages to pull up out of the slump it's been in, it will be in large measure because of what it does at 9 p.m., where British television personality Piers Morgan …

Discussion: MarketWatch, Romenesko and TVNewser

Jonathan Wald Named Executive Producer of CNN's Piers Morgan Tonight — Jonathan Wald, former executive producer of NBC's Today and Nightly News, and former senior vice president of CNBC, has been named executive producer of CNN's Piers Morgan Tonight debuting in January 2011 …

Discussion: Media Decoder, Mediaite, New York Observer and Broadcasting & Cable

Brian Stelter / New York Times:

A Donation Clouds Fox News Report — The Fox Business Network focused on what it called “The War on Business” all last week, but on Tuesday its coverage was decidedly more focused — with a series of reports about a California ballot initiative that its parent company, the News Corporation, had spent $1.3 million to defeat.

Discussion: CJR, Gawker, TVNewser, New York Magazine, TVWeek.com, Free Press and Talking Biz News

Jessica E. Vascellaro / Wall Street Journal:

Gawker to Drop Old Blog Look — Founder Denton Favors Newsmagazine Style, Refashioning Face of Online Media — Gawker Media founder Nick Denton, whose snarky approach has shaped the blogosphere's tone for years, is overhauling his sites to broaden their appeal, an attempted transformation …

Discussion: Romenesko, The Next Web, Scocca, Guardian and SAI

Steve Coll / New Yorker:

Will WikiLeaks become a trusted source? — Julian Assange, the founder of WikiLeaks, had a tumultuous youth in Australia and grew into an autodidact with eclectic skills and a deep distrust of hierarchies and governments. In 2006, as he prepared to launch a digital enterprise devoted …

Mallary Jean Tenore / Poynter Online:

5 Takeaways from the Online News Association Conference — Jane McDonnell, executive director of the Online News Association, opened up this year's conference by calling it “the conference where journalism doesn't know it's supposed to be dead.” That couldn'thave been more true.

Discussion: 2mrw., KnightBlog and ONA10

Alexia Tsotsis / TechCrunch:

YouTube Meets Formspring With Video Q&A Site VYou — Founded by Steve Spurgat and Chuck Reina, the New York-based and newly launched VYou is a combination of Formspring, YouTube and Twitter ("Formspring + video + crack." is a popular description amongst its beta users).

Discussion: BlogPost, Vanity Fair, The Next Web and The Awl

Caroline McCarthy / The Social:

Reddit head leaves Conde Nast for Hipmunk — Christopher Slowe, a five-year veteran of Reddit who has been in charge of the Conde Nast-owned social news site since the departure of its founders Steve Huffman and Alexis Ohanian last year, announced on Monday that he's leaving his post.

Discussion: paidContent, TechCrunch and SAI, more at Techmeme »

Mike Butcher / TechCrunch Europe:

Dutch social network Hyves sold to media group, as European-based networks feel the Facebook heat — Leading Dutch social network, Hyves, which for a long time held out against the encroachment of Facebook, is selling the entire company to Dutch media group TMG (Telegraaf Media Groep) for an undisclosed sum.

Discussion: paidContent

Alexis Madrigal / The Atlantic Online:

Inside the Google Books Algorithm — Google is famous for the brilliance of its algorithm for searching web pages. While the company looks at dozens of factors in determining which results to display, the heart of the search engine is using links between pages to rank their relevancy.

Discussion: The Next Web, more at Techmeme »

Bill Mitchell / Newspay:

Winners of Poynter's Entrepreneurial Journalism Prize Announced — Two ventures focused on civic affairs — I-News and Localocracy — have been selected as winners of the Poynter Promise Prize, an incubation project in entrepreneurial journalism run by The Poynter Institute and funded by the Ford Foundation.

Discussion: I-News Network

Gary Levin / USA Today:

Oprah Winfrey prepares to venture out on her OWN — After delays, management shake-ups and a renegotiation of her on-air commitment, Oprah Winfrey is ready for her cable close-up. — The Oprah Winfrey Network premieres at noon ET/PT on New Year's Day with a weekend lineup of sneak previews …

Media Standards Trust:

Foreign news coverage in UK press falls 40% since 1979 — A new report published by the Media Standards Trust finds that: — Foreign news coverage across four UK national newspapers has fallen by 40% since 1979 in absolute terms — International news makes up only 11% of the national newspapers studied compared to 20% in 1979

Discussion: Guardian, Jon Slattery and Journalism.co.uk

Howard Kurtz / The Daily Beast:

Beware the GOP Coronation — Republicans will win big, and the press coverage will be glowing. But don't forget: At the 100-days mark in his presidency, Obama walked on water. Howard Kurtz on the media's mood swings. — Less than two years after taking office on a wave of hope …

Discussion: NPR Topics

Martin Langeveld / Nieman Journalism Lab:

Jim Hopkins' Gannett Blog: a useful watchblog finds its niche; should others emulate its “water cooler”? — Last year in this space, I took a swipe at Gannett Blog, a “watchblog” published by ex-Gannett journalist Jim Hopkins of San Francisco in which he had been keeping an eye on the country's largest newspaper company.

Discussion: Gannett Blog

Mike Shields / Adweek:

Richard Johnson, Digital, Really? — What business do Richard Johnson and Jesse Angelo have launching a national iPad newspaper? — Richard Johnson, really? No, seriously, what business do Richard Johnson and Jesse Angelo, two ink-stained print lifers from a newspaper that has famously bled billions …

Discussion: New York Observer and Romenesko

Richard MacManus / ReadWriteWeb:

Glam Media Set to Overtake AOL: Verticals vs Portals — The latest comScore Top 50 Properties (U.S.) statistics make sobering reading for AOL, the former king of the portals in the 90s and early part of this century. While AOL is the number 5 ranked U.S. web property …

Keith J. Kelly / New York Post:

Pecker's package — Tweet — National Enquirer publisher American Media has some sensational news of its own: bankruptcy. — Faced with resistance from a single balky bondholder, the company, which also owns Shape and Star, is scrapping the debt-for-equity swap it has labored …

Discussion: Wall Street Journal, MediaPost, New York Observer, PR Newswire, Gawker, New York Magazine and DailyFinance

Emily Yoffe / The Atlantic Wire:

What I Read — How do people deal with the torrent of information that rains down on us all? What's the secret to staying on top of the news without surrendering to the chaos of it? In this series, we ask people who seem well-informed to describe their media diets.

Thanks:jaredbkeller

Sam Schechner / Wall Street Journal:

Keeping the Party Going at Viacom — Philippe Dauman says he paid his way through college in part by playing poker. Now the Viacom Inc. CEO is making bets in an arena with high stakes for the media business: putting traditional content on the Web. — Viacom, a media company …

Discussion: Company Town

Gillian Reagan / Capital New York:

The singularities of Josh Harris — Photo by Gillian Reagan. — Josh Harris came back to New York in April. He lives in a warehouse a few blocks from the Williamsburg waterfront. Frayed wires curl out from between the bricks of the façade and the front door is speckled with graffiti and stickers.