Mediagazer: What media companies can learn from the book industry (Mathew Ingram/GigaOM)

1:30 PM ET, July 16, 2011

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The Journal Becomes Fox-ified — It's official. The Wall Street Journal has been Fox-ified. — It took Rupert Murdoch only three and a half years to get there, starting with the moment he acquired the paper from the dysfunctional Bancroft family in December 2007, a purchase that was completed …

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Peter Kafka / AllThingsD:

Dow Jones CEO Les Hinton Stepping Down — Dow Jones CEO Les Hinton is leaving the company in the wake of the PhoneGate hacking scandal. Hinton is the second high-ranking News Corp. executive to step down today, and the first major figure from the company's American operations.

Don Van Natta Jr / New York Times:

Taint From Tabloids Rubs Off on a Cozy Scotland Yard — LONDON — For nearly four years they lay piled in a Scotland Yard evidence room, six overstuffed plastic bags gathering dust and little else. — Inside was a treasure-trove of evidence: 11,000 pages of handwritten notes listing nearly …

Russell Adams / Wall Street Journal:

Dow Jones CEO Hinton to Resign — Les Hinton, who headed News Corp.'s News International unit when the phone-hacking allegations roiling the media empire first arose, on Friday will resign his post as chief executive officer of Dow Jones & Co., according to a person familiar with the matter.

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Reuters:

Special Report: Inside Rebekah Brooks' News of the World — (Reuters) - “It was the kind of place you get out of and you never want to go back again.” That's how one former reporter describes the News of the World newsroom under editor Rebekah Brooks, the ferociously ambitious titian-haired executive …

Alex Seitz-Wald / ThinkProgress:

Fox And Friends Defends News Corp's Hacking Scandal: ‘We Should Move On’ — Fox News finally addressed their parent company's hacking scandal head on this morning, with Fox and Friends launching a comically sycophantic and pathetically inaccurate defense of News Corp. Host Steve Doocy …

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Wall Street / @wsj: Breaking: Les Hinton, chief executive of News Corp.'s Dow Jones & Co. unit, is to resign today. http://wsj.com

Mathew Ingram / GigaOM:

What media companies can learn from the book industry — We've written a lot at GigaOM about the evolution of — and disruption of — the book-publishing industry, from the rise of self-publishing phenomenons like Amanda Hocking to the launch of new e-book ventures like Harry Potter author J.K. Rowling's new Pottermore site.

Discussion: Future of Journalism

Lauren Kirchner / CJR:

John Paton's Big Bet — Will “Digital First” bring home the bacon? … e're no good at this," John Paton says, sitting in a midtown Manhattan conference room on a gray, rainy spring day. “ We” is the news business, and “this” is designing a viable future for it. “ We have to figure it out.

Discussion: Future of Journalism

Heather Brooke / Guardian:

Let's break up this information cartel — Britain's cosy, corrupt power elite has been fostered by a black-market trade in data — Nick Clegg was right to acknowledge on Wednesday that phone hacking is the symptom of a wider problem: the cosy, corrupt relationship between the power elites.

Nosheen Iqbal / The Independent:

The long-form resurrection: Will snappy websites kill off lengthy magazine reads? — A new set of online curators that collect the best non-fiction suggests otherwise. — Last summer, the editor-in-chief of technology magazine Wired wrote and ran a cover story declaring, “The Web is Dead”.

Ilya Vedrashko / Advertising Lab:

Will Daily Deals Turn Newspapers Around? — “Groupon is Hastening the Demise of the Newspaper Industry,” wrote a daily deals trade pub in April. — It could be the other way around. — The technological barriers to the deals space are pretty low; Shoutback and Nimble Commerce …

Discussion: PSFK

hosted2.ap.org:

Belgian newspapers: Google blocking us on searches … BRUSSELS (AP) — Google blocked several Belgian newspapers from its search listings Friday in what the papers alleged was retaliation by the internet giant over a court case dealing with copyright infringement.

Discussion: Future of Journalism