Mediagazer: Federated Media Snaps Up BigTent (Kara Swisher/BoomTown)

David Folkenflik / NPR:

The Annals Of Election Night Analysis — The majesty of the electoral process is such that the coverage by the nation's top news outlets Tuesday led organically to a vital question: Exactly when did the CNN studios turn into the cover of Sgt. Pepper's Lonely Heart Club Band? — Seriously.

Discussion: Yahoo! News and American Journalism Review

Election Night: Live Blogging the Media Coverage — With issues like health care and the dismal economy on most voters' minds and the emergence of the Tea Party and new political personalities like Carly Fiorina and Christine O'Donnell, tonight's midterm election results are being covered …

Discussion: Poynter Online

Michael Calderone / Yahoo! News:
ABC News cuts ties with Breitbart on election day

Discussion: Pressthink, Mediaite, Speakeasy, ABC News' Press Room, Media Decoder, ThinkProgress, Romenesko, The Politico, Big Hollywood and Washington Wire

Andy Plesser / Beet.TV:
The NYTimes.com Goes Live Tonight with Video News and Commentary, a First

Discussion: New York Times

New York Post:

Newsweek post yet to be filled — Tweet — Newsweek's new owner, Sidney Harman, now calls the fruitless merger talks involving Barry Diller, Tina Brown and The Daily Beast an “unfortunate dalliance” while he concedes that he is nowhere close to finding a permanent editor-in-chief.

Discussion: New York Observer, Romenesko and New York Magazine

Justin Ellis / Nieman Journalism Lab:

It's people! Meet Soylent, the crowdsourced copy editor — The phrase “on-demand human computation” has a sinister tinge to it, if only because the idea of sucking the brain power out of a group of people is generally frowned upon. And yet, if you call it “crowdsourcing” everything sounds so much friendlier!

Dan Trombetto / Folio:

Rising Stars: Ten Under 30 — A look at publishing's new breed, from editors to CEOs. — While it's natural to worry about how the publishing industry is going to attract the next generation of media leaders, the fact is the industry is already seeing a demographic shift, with younger people taking on more leadership roles.

Discussion: Romenesko

Ryan Nakashima / Canadian Press:

Google TV exec says broadcasters ‘misunderstand’ role of its online TV platform — LOS ANGELES, Calif. — Attempts by broadcasters to seek payment for allowing their online video to be viewed through Google Inc.'s new Web-connected TV platform represents a “misunderstanding” of what it is, a Google executive said Tuesday.

Discussion: mediabistro.com, the Econsultancy blog and Canadian Press

Kara Swisher / BoomTown:

Federated Media Snaps Up BigTent — Federated Media, the San Francisco-based advertising and publishing network, has acquired BigTent, a platform hosting more than 15,000 communities, mostly made up of parenting groups, especially moms. — Financial terms of the deal with BigTent, also located in San Francisco, were not disclosed.

Discussion: VentureBeat, FM Blog, TechCrunch and WebNewser, more at Techmeme »

Laura McGann / Nieman Journalism Lab:

Felix Salmon takes a blogging fellowship at CJR, has no problem annoying funder, Pete Peterson — Felix Salmon, who blogs on economics for Reuters, is heading to Columbia Journalism Review — sort of. Salmon has signed on to a part-time fellowship covering, as CJR puts it …

Discussion: Romenesko, Talking Biz News, Felix Salmon and CJR

The Independent:

The story behind Vogue's iPad app — Going from page to screen has been less than seamless. Vogue's editor, Alexandra Shulman, tells Ian Burrell why it takes time for things to click — After 94 years as one of the most beautiful products on the newsstand, Vogue, the magazine that never misses …

David Kaplan / paidContent:

AOL's Armstrong: All About ‘Content Exits’ — AOL (NYSE: AOL) CEO Tim Armstrong began the company's Q3 earnings call talking about a three-pronged strategy around distribution. That includes “communication products” like AOL mail, search, social media and its homepage, which was revamped this week.

Discussion: MediaMemo, more at Techmeme »

Ben Fritz / Company Town:

Hollywood studios grappling with when and where to release their movies on DVD, digital — For consumers already confused about when a movie goes on sale on DVD and Blu-ray versus its availability on video on demand, digital download, Netflix and Redbox rental and Netflix online streaming, life could get even more complicated.

Jeffrey A. Trachtenberg / Wall Street Journal:

Rap, Parlayed Into Books — Publishing Firm Launched by Duo Behind Cash Money Records — Ronald and Bryan Williams, two entrepreneurial brothers from New Orleans who run the successful music company Cash Money Records Inc., are turning their attention to the book business.

Erik Wemple / TBD All News:

Washington Post close on new hyperlocal sites — There's a new survey out from the Washington Post, and it fills out a pretty detailed picture of what the region's largest news provider has in mind for the Internet. One of the questions: — “Please rate your level of interest in accessing …

Discussion: Mixed Media, Ombudsman Blog and Romenesko

Michael Arrington / TechCrunch:

At My Wit's End: Jason Calacanis Threatens To Sue Us — Jason Calacanis, our former partner on our TechCrunch50 events, is threatening to sue us. His demand letter and draft complaint are embedded below. In a nutshell, he wants part of the proceeds from our sale to AOL.

Discussion: New York Magazine