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4:35 PM ET, July 14, 2011

Mediagazer

 Top News: 
Tom Hays / Associated Press:
AP source: FBI investigating News Corp.  —  Below:  —  updated 2011-07-14T18:18:48  —  NEW YORK — A law enforcement official says the FBI has opened an investigation into allegations that media mogul Rupert Murdoch's News Corp. sought to hack into the phones of Sept. 11 victims.
RELATED:
New York Times:
Murdochs Now Say They Will Appear Before Parliament  —  LONDON — In an abrupt about-face, News Corporation said Tuesday afternoon that Rupert Murdoch and his son James would testify next week before a British parliamentary panel looking into phone hacking.  They will appear along with Rebekah Brooks …
Discussion: Poynter, The Wire, The Lede and Mediaite
Bruce Orwall / Wall Street Journal:
In Interview, Murdoch Defends News Corp.  —  In his first significant public comments on the tabloid newspaper scandal that has engulfed his media empire, News Corp. Chairman and Chief Executive Rupert Murdoch vigorously defended the company's handling of the crisis but said it would establish …
Discussion: paidContent:UK
Ken Doctor / Newsonomics:
The Myths of Murdoch: Real, Unreal and Surreal  —  Forget the tired “gate” applied to this scandal, as in the limp Phonegate.  This News Corp scandal so far surpasses mere phone treachery that the name diminishes what's at stake.  Perhaps our so-far unnamed scandal will lend “Murdochian” …
Discussion: Time, Capital New York and Guardian
Guardian:
Phone hacking: Rupert Murdoch calls in PR firm Edelman  —  PR company will report directly to general manager of News International  —  Rupert Murdoch's News Corporation has called in PR and lobbying specialists Edelman to help the embattled company handle mounting public anger …
Julie Moos / Poynter:
Whatever happened to the WSJ editorial integrity committee?  —  News that the Bancroft family might not have sold The Wall Street Journal to Rupert Murdoch if they knew then what they know now about his newspapers' journalistic practices, reminded me: Wasn't there a panel established to protect …
ProPublica:
Bancroft Family Members Express Regrets at Selling Wall Street Journal to Murdoch
Journal Register Company:
Journal Register Company Acquired by Alden Global Capital  —  Yardley, PA - Journal Register Company, a leading multi-media company in local news and information, announced today that Alden Global Capital ("Alden") has purchased the Company.  —  “This is a great vote of confidence from Alden …
Discussion: Digital First and Poynter
David Cay Johnston / Reuters:
How I misread News Corp's taxes  —  (Reuters) - Readers, I apologize.  The premise of my debut column for Reuters, on News Corp's taxes, was wrong, 100 percent dead wrong.  —  Rupert Murdoch's News Corp did not get a $4.8 billion tax refund for the past four years, as I reported.
Sarah Marshall / Journalism.co.uk:
How to: create a Facebook page as a journalist  —  Why journalists should create a Facebook fan page, examples of best practice and tips on setting up a page  —  “Facebook is a rolodex of more than 750 million potential sources,” journalist programme manager at Facebook Vadim Lavrusik told Journalism.co.uk.
Discussion: Poynter, Facebook and Journalism.co.uk
Ingrid Lunden / paidContent:
BBC.com Says It's In The Black, Two Years Ahead Of Schedule  —  BBC's push to make money from its overseas businesses, particularly online, had a good boost this morning, when the international site, BBC.com, announced that it has reached profitability—two years ahead of schedule.
Francis Tan / The Next Web:
South Korea to regulate incentives given to bloggers  —  South Korea's Fair Trade Commission (FTC) aims to curb influential bloggers who get compensation from companies in return for favorable reviews of products.  —  The fair trade watchdog recently amended regulations so that companies and bloggers …
Paul Sawers / The Next Web:
BBC publishes its social media guidelines for journalists  —  We've written before about the double-edged sword of social media.  On the one hand it can boost profiles and raise revenue, on the other it can get a lot of people in hot-water if someone steps even a little bit out of line.
Discussion: eMedia Vitals and BBC
Steve Myers / Poynter:
Union-Tribune owner hires investment advisor to explore possible sale  —  Platinum Equity, the private investment firm that owns The San Diego Union-Tribune, has hired an investment adviser “to help the company explore alternatives for its future,” the newspaper reported.
Discussion: NetNewsCheck Latest
 
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 More News: 
Peter Apps / Reuters:
Analysis: Press barons lose information monopoly in Twitter era
MediaShift:
Social Media and Satire Fuel Arab Spring in Tunisia, Egypt
Sarah Marshall / blogs.journalism.co.uk:
How not to get your phone hacked
Discussion: Mashable! and Naked Security
Mathew Ingram / GigaOM:
Like it or not, aggregation is part of the future of media
 Earlier Picks: 
Mark Joyella / Mediaite:
Kiran Chetry To Leave CNN: 'This Isn't Goodbye, This Is See You Soon'
Andrea Morabito / Broadcasting & Cable:
Jennifer Salke Named NBC Entertainment President
Lucia Moses / Adweek:
AMI Slashing OK!'s Circulation