Mediagazer: Fox is quickly becoming the second-chance employer for fiery figures (Paul Farhi/Washington Post)

6:25 PM ET, December 2, 2010

Top News:

Mathew Ingram / GigaOM:

For Newspapers, the Future Is Now: Digital Must Be First — As newspapers everywhere struggle to stay afloat and remake themselves for a web-based world, many continue to debate how much emphasis they should put on digital vs. their traditional print operations.

Discussion: Poynter, Thanks:mathewi

Jxpaton / Digital First:

John Paton's Dec. 2 Presentation at INMA Transformation of News Summit in Cambridge, Mass. — The Journal Register Company - the Company I took over in February of this year - could be the poster child for what ails the US newspaper industry. — The company counts its products in the hundreds.

Yinka Adegoke / Reuters:

Diller steps down as IAC CEO, Malone swaps stake for cash — (Reuters) - Barry Diller is stepping down as chief executive of IAC/InterActiveCorp, the company said, adding it had bought out one of its largest shareholders, John Malone's Liberty Media Corp. — IAC said on Thursday Liberty …

Discussion: New York Observer, The Wrap, New York Magazine, Reuters, The Huffington Post, Company Town and On Media's Blog

Robin Wauters / TechCrunch:

Liberty Exits IAC For Evite, Gifts.com And $220M In Cash - Diller Steps Down As CEO — Big move for Liberty Media, IAC and the latter's Barry Diller today. The former has exchanged its entire equity stake in the Internet holding company for a combination of assets and cash in a transaction intended to be tax-free to both companies.

Ross Kenneth Urken / New York | Guest of a Guest:

Peter Kaplan Loves Murdoch/Branson iPad Projects; O.K. With New Observer — Last night former New York Observer editor-in-chief Peter Kaplan lauded the iPad as the future go-to medium for journalism and reflected upon his appraisal of Observer publisher Jared Kushner

Discussion: Yahoo! News

Ross Kenneth Urken / New York | Guest of a Guest: Exclusive Interview With Anthony Noguera, Editor of Richard …

Kent Walker / Google Public Policy Blog:

Making Copyright Work Better Online — There are more than 1 trillion unique URLs on the web and more than 35 hours of video uploaded to YouTube every minute. It's some pretty fantastic stuff - content that makes us think, laugh, and learn new things. Services we couldn't have imagined ten years ago …

Discussion: Billboard.Biz, The Wrap, paidContent, Epicenter, SAI, Tech Daily Dose, Guardian, L.A. Times Tech Blog, TechCrunch, YouTube Blog, ReadWriteWeb, Hillicon Valley, Media Maverick and Search Engine Land, more at Techmeme »

Joe Flint / Company Town:

Journalism is in hour of ‘grave peril,’ says top government regulator — Federal Communications Commissioner Michael Copps is taking aim at the state of television news, which he says is “in its hour of grave peril.” In both an interview with BBC World News America that airs Wednesday …

Discussion: Media Decoder, Broadcasting & Cable, Money & Company, Mediaite, International Media, Stop Big Media News and Multichannel

Newsosaur / Reflections of a Newsosaur:

‘Objective’ journalism is over. Let's move on. — It's time to retire the difficult-to-achieve and impossible-to-defend conceit that journalists are now, or ever were, objective. — Let's replace this threadbare notion with a realistic and credible standard of transparency …

Anthony Ha / VentureBeat:

Huffington Post CEO: We will be worth more than the Wall Street Journal — When news blog Business Insider brought executives from the Huffington Post and Wall Street Journal onstage this morning, co-founder Henry Blodget went ahead and asked the awkward question: In five years, will the Huffington Post be worth more than the Journal?

Discussion: Yahoo! News and Poynter

Lucia Moses / Adweek:

Hearst Closing In on Deal for Hachette Titles — Word of a deal comes as the French parent revealed it was talking with potential partners — After months of speculation, Lagardère Active is close to a deal to sell to Hearst Corp. its U.S. magazine group, Hachette Filipacchi Media U.S. …

Discussion: paidContent, Gawker, Press Gazette, FishbowlNY and Canadian Magazines

Michael Learmonth / AdAge:

Publishers Pile Into Flipboard For Ad Test — OMD Delivers Marketers Like Pepsi and Infiniti for Test of iPad Social News Reader — NEW YORK (AdAge.com) — Flipboard, an iPad app that turns shared links on the web into a beautiful digital magazine, is out to prove it's got a business model too …

Discussion: Lost Remote, ReadWriteWeb, paidContent, GigaOM and Business Week, more at Techmeme »

Brett Pulley / Bloomberg:

Wall Street Journal Magazine, New York Section Profitable, CEO Hinton Says — The two-year-old Wall Street Journal weekend magazine and the newspaper's daily New York City section are profitable, according to Les Hinton, chief executive officer of News Corp.'s Dow Jones division.

Discussion: Gawker, Garcia Media and Poynter

Robert Andrews / paidContent:

BBC Plans Subscription-Only U.S. iPlayer On iPad — This is huge. The BBC will launch the long-awaited global version of its iPlayer TV catch-up service on a subscription-only basis, and initially only on iPad. — The service, carrying BBC shows like Doctor Who on-demand …

Discussion: AppleInsider, MediaPost, THINQ.co.uk, Guardian, The Next Web, MacStories, App Advice, paidContent:UK, Ars Technica, techeblog.com, Electricpig.co.uk, MacNN, PC Pro, SlashGear, Gizmodo, Engadget, Poynter, Financial Times and TUAW, more at Techmeme »

Ken Doctor / Nieman Journalism Lab:

The Newsonomics of Google Grouponomics — [Each week, our friend Ken Doctor — author of Newsonomics and longtime watcher of the business side of digital news — writes about the economics of the news business for the Lab.] — It wasn't supposed to be this way.

Discussion: paidContent and ReadWriteWeb

Anthony Ha / VentureBeat:

Conde Nast digital chief: Murdoch's iPad newspaper “doesn't make any sense” — News Corp mogul Rupert Murdoch is making a big bet on the iPad by hiring big-name (read: expensive) reporters for a new “iPad newspaper” called The Daily. And other media organizations are skeptical.

Paul Farhi / Washington Post:

Fox is quickly becoming the second-chance employer for fiery figures — Don't panic. Fox is hiring. — The leading cable news network and its business news offshoot, Fox Business Network, have made a habit of signing up reporters and media personalities who've found themselves on the wrong side in employee-employer spats.

Joe Pompeo / Yahoo! News:

Gawker's Denton reveals site paid $12,000 for Favre scoop — During an interview at Thursday's Ignition conference, Gawker Media boss Nick Denton got right down to talking about what the media world has been buzzing about these past two days — the un-bloggy website redesign that his blog network will undergo in January.

Discussion: The New Yorker Blog and The Wire

Jim Rainey / The Big Picture:

Parker spitting mad at Spitzer? Why not show it on CNN? — The New York Post reported that freshly minted CNN host Kathleen Parker walked off the set not long ago, fed up with co-host Eliot Spitzer. Rumors of discord might have seemed more real when Parker did not appear on “Parker Spitzer” …

Discussion: Inside Cable News and The Huffington Post

Cary Spivak / American Journalism Review:

The Fact-Checking Explosion — In a bitter political landscape marked by rampant allegations of questionable credibility, more and more news outlets are launching truth-squad operations. Posted: Thu, Dec. 2 2010 — Cary Spivak (cspivak01@gmail.com) is an investigative reporter …

the nytpicker:

NYT Vs. NYU! Pulitzer-Winning Reporter Declares War On Journalism Prof Over Lack of Cinammon At Starbucks. — It seemed innocuous enough to us — or to anyone who has searched for cinnamon to top off an overpriced latte at America's most annoying foamagerie.

Sue Zeidler / Reuters:

Netflix scrambles future of TV and films — (Reuters) - Hollywood, which embraced Netflix Inc just a few years ago as a savior, is moving quickly to stanch the growth of one of the media's newest, biggest stars. — Senior executives at three of the big six television and movie studios …

Discussion: GigaOM

Gail Shister / mediabistro.com:

As ‘Early’ Overhauls, ‘Today’ Celebrates 15 Years at #1 — It's good to be king. Ask Jim Bell. — The executive producer of NBC's “Today” - No. 1 for 15 years, as of Dec. 11 - is not exactly quaking in his loafers about the all-new lineup for CBS's third-place ‘Early Show.’

Discussion: WebNewser, Media Decoder, Poynter and TVNewser

David Carr / Gadgetwise:

Best Media Apps for the iPad — The historical media verticals of radio, television, print and Web evaporate inside the frame of an iPad — it's all just content, backlighted and inviting, waiting for the swipe of a finger. Long-form narrative and news has found a reliable wing man in the iPad.