Mediagazer: New CEO wastes no ‘Time’ with shakeup (Keith J. Kelly/New York Post)

1:20 PM ET, December 23, 2010

Top News:

BSkyB: Without prejudice — On one level the Sky deal is simply business. But the issue of media plurality is more than an argument about competition — It is a much-remarked upon irony of yesterday's humiliating slap-down of Vince Cable that he was both wrong and right.

Nils Pratley / Guardian:

Cable likely to cost Murdoch dear — Vince couldn't stop the BSkyB deal, but he's made News Corp's target somewhat costlier — Vince Cable's removal from the media gig at the Department for Business was worth £250m on BSkyB's market value. That may sound a lot but it is only 2%.

Discussion: Agence France Presse, Reuters, Daily Mail, The Deal LLC and Broadcasting & Cable

Dan Sabbagh / Guardian:
The Daily Telegraph: the scoop, a whistleblower, and the denials

Discussion: Jon Slattery, The Staggers, BBC College of Journalism Blog, Media Week, BBC and Editors Weblog

Kara Swisher / BoomTown:

Demand Media's IPO-Which Won't Happen Until After the New Year Now-Depends on How It Accounts for Content — Yesterday, Demand Media submitted another amended S-1 to the Securities and Exchange Commission, part of its march to an initial public offering many had expected to take place sooner rather than later.

Discussion: Adweek, mediabistro.com, SAI and VentureBeat

Graham Bowley / New York Times:

Computers That Trade on the News — The number-crunchers on Wall Street are starting to crunch something else: the news. — Math-loving traders are using powerful computers to speed-read news reports, editorials, company Web sites, blog posts and even Twitter messages …

Discussion: GigaOM, eMedia Vitals and The Big Picture, more at Techmeme »

Cecilia Kang / Post Tech:

FCC chair to approve Comcast-NBC merger with conditions for program sharing — The chairman of the Federal Communications Commission issued a draft order approving Comcast's proposed merger with NBC Universal on Thursday, putting the deal up for vote before the agency's other members.

Discussion: Wall Street Journal, MediaMemo, Free Press, Associated Press, Bloomberg, Tech Daily Dose and Hillicon Valley

Media Decoder:
Comcast Takeover of NBC Is Delayed Until Next Year

Discussion: rbr.com, Mediaweek, Philly.com, The Wrap, Multichannel, Susan Crawford blog, Free Press, Hillicon Valley, GigaOM, Broadcasting & Cable, MediaMemo, Company Town, Adweek, Yahoo! News, On Media's Blog and paidContent, more at Techmeme »

TubeMogul.com:

Brightcove and TubeMogul Q3 Research: Facebook Surpasses Yahoo in Streams Referred; Viewing-Times Longest on Game Consoles — We are excited to launch the latest installment of our quarterly research on online video trends with Brightcove, just in time for the holidays!

Discussion: MediaPost, Between the Lines Blog, eMedia Vitals, Brightcove Blog, SAI and MediaPost Raw

Mathew Ingram / GigaOM:
Video Killed the Radio Star, But Might Save Newspapers

Discussion: NetNewsCheck Latest and Lost Remote

Ben Kunz / Business Week:

The $8 Billion Do Not Track Prize — Don't be fooled: The FTC proposal to protect online privacy has more to do with big publishers' revenue than Internet users' personal Web data — There's a great moment in All The President's Men, the film based on the 1970s Watergate investigation …

Justin McGuirk / Guardian:

They've shaped the internet, but can designers save the newspaper? — We can see design thinking at work in web phenomena such as Facebook, Twitter and YouTube, but the predicament of printed news remains an unsolved problem — In the 1850s, a New York publisher announced that newspapers were dead: he had seen a telegraph in action.

Peter S. Goodman / The Huffington Post:

Kaplan Tarnishes Washington Post Legacy — Nearly four decades ago, the Washington Post found itself faced with the sort of agonizing decision that can define a reputation. The New York Times had begun printing classified federal documents known as the Pentagon Papers …

Discussion: Media Myth Alert and Poynter

Bloomberg:

WikiLeaks Joins Forces With Billionaire Lebedev — Dec. 22 (Bloomberg) — Novaya Gazeta, the Moscow newspaper controlled by former Soviet leader Mikhail Gorbachev and billionaire Alexander Lebedev, said it agreed to join forces with WikiLeaks to expose corruption in Russia.

Discussion: Yahoo! News, New York Magazine, Hit & Run, New York Observer and FP Passport

Greg Sandoval / Media Maverick:

Why Netflix has content and Google TV doesn't — If Google managers hope to license premium TV shows and films for Google TV and YouTube, they should do what Netflix did and “build relationships through traditional means.” — That's the recommendation of one studio executive who was referring …

Keith J. Kelly / New York Post:

New CEO wastes no ‘Time’ with shakeup — Say goodbye to the Ann Moore business template — new Time Inc. CEO Jack Griffin yesterday smashed it to pieces. — In a major pre-Christmas shakeup, Griffin busted up the single News & Sports Group that contained Time and Sports Illustrated …

Ken Doctor / Newsonomics:

Paywalls, Patch, Public Media & Pointcast Memories: 11 Conventional News Wisdoms We'll Test in 2011 — We love to believe that what is in front of us, often the hottest why-didn't-I-come up-with-that idea, is reality, enduring, never-to-change reality. Pointcast, Palms, Newtons, Lycos, and, maybe, soon Yahoo, say differently.

Rex Rhoades / The Sun Journal:

Sun Journal changes rules for online commenting … Creating a bold, new electronic community — Sun Journal changes rules for making online comments — American illustrator Norman Rockwell painted what many consider his masterpiece during World War II, a series of magazine illustrations called “The Four Freedoms.”

Chip Le Grand / TheAustralian:

Libel laws ‘must apply’ to new media — FACEBOOK and Twitter should be subject to defamation laws in the same way as newspapers, according to media experts, and all social-media sites should be held responsible for material published on them. — But leading media lawyers say the laws are …