Mediagazer: Knight Foundation expands into investment with an Enterprise Fund (Justin Ellis/Nieman Journalism Lab)

5:45 PM ET, July 19, 2011

Top News:

BBC:

Phone hacking: Rupert Murdoch ‘humbled’ by MPs' probe — Rupert and James Murdoch are likely to be asked what took place at the News of the World — Rupert Murdoch has said his appearance before MPs to answer questions about phone hacking is the “most humble day of his life”.

Ingrid Lunden / paidContent:

The Statement The Murdochs Wanted To Make Before The MPs Said No — Before MPs kicked off their phone hacking questions for James and Rupert Murdoch today, James asked John Whittingdale, the chair of the Commons Committee on Culture, Media and Sport, if he could read out a statement—another apology.

Discussion: Guardian, Future of Journalism, Big Journalism, http://www.Stinkyjournalism …, On Media's Blog, Editors Weblog and BBC

Kara Swisher / AllThingsD:

Murdoch & Son Visit Parliament, Return With a Big Helping Of Humble (and Shaving Cream) Pie — This morning, News Corp. CEO and majordomo Rupert Murdoch, his son James (who is also a top company exec) — as well as former employee and full-time lightning rod Rebekah Brooks …

Discussion: Guardian, The Snitch, Gawker, The Wire, VentureBeat, Forbes.com, The New York Observer, On Media's Blog, TVNewser, The New York Observer, paidContent, mediabistro.com, Journalism.co.uk and Seattle Times

Burgess Everett / On Media's Blog:

Piers Morgan takes on tabloid scandal — Former News of the World editor Piers Morgan finally, if briefly, confronted the News of the World phone-hacking scandal on Monday night after coming under pressure for avoiding coverage of the story while the rest of CNN went into overdrive.

Discussion: Mediaite, The Daily Beast, Future of Journalism, Forbes.com, The Book Bench, GalleyCat, TVNewser, Adweek, AdAge and ThinkProgress

Foster Kamer / The New York Observer:

Video: Murdoch Attacked! Deng Fights Back! (Updated, With Slow-Motion Replay) — Rupert Murdoch was just attacked during the big News Corp hacking hearing in the British Parliament. Via Business Insider, this is objectively insane and awesome: — Update: Via Jezebel's Whitney Jefferson, the Gif you've all been waiting for:

Discussion: @jonniemarbles, blogs.telegraph.co.uk, On Media's Blog, The Daily Dish, The Huffington Post and mUmBRELLA

Bloomberg:

News Corp. Said to Consider Chase Carey as CEO — News Corp. is considering elevating Chief Operating Officer Chase Carey to chief executive officer to succeed Rupert Murdoch, people with knowledge of the situation said. — A decision hasn't been made and a move depends in part …

Legalweek:

Harbottle defends Hackgate position; Grabiner to lead News Corp clean-up — Author: Simon Petersen

Discussion: The Slog

Dominic Rushe / Guardian:

News Corp's independent directors hire own legal team over phone hacking — Law firm Debevoise & Plimpton appointed to advise News Corp's nine independent directors on the handling of the crisis — The independent directors of News Corp have appointed their own legal team …

Tom McGeveran / Capital New York:
On Rupert Murdoch's performance before Parliament: Shockingly bad, or routine?

Discussion: Guardian and On Media's Blog

Yinka Adegoke / Reuters:
Rupert Murdoch has board backing

Discussion: New York Magazine, NetNewsCheck Latest and Gawker

Jeff Bercovici / Mixed Media:
How News Corp. Will Change After the Hacking Scandal

Nick Robinson / BBC: From inside the Murdoch hearing

Reuters: Special report: Rupert Murdoch, a hands-on newspaperman

Felix Salmon:
Could News Corp end up in play?

Discussion: The Wire, Los Angeles Times, FT Alphaville and The Big Picture

Gabriel Sherman / New York Magazine:
Can Hands-on Boss Rupert Murdoch Plausibly Deny Knowledge of Hacking at the News of the World?

Discussion: Poynter, AllThingsD, Adweek, Techdirt and http://www.Stinkyjournalism …

Verne G. Kopytoff / New York Times:

Scribd Creates a Paid News Site — Relatively few people are willing to pay for an online newspaper or magazine. But what if they could pay a monthly fee for a vast library of news, like Netflix's subscription service for movies? — Scribd, a Web site that lets users share reports …

Discussion: paidContent, NetNewsCheck Latest and AllThingsD, more at Techmeme »

Jason Kincaid / TechCrunch:

With Float, Scribd Hopes To Become The Netflix Of Reading — It's a big day for online document sharing and social reading site Scribd. Today at Fortune's Brianstorm conference, CEO Trip Adler will be revealing a major initiate that introduces a suite of new products and an entirely new brand: meet Float.

Discussion: VentureBeat, Epicenter, GigaOM, Shawn Blanc, Fast Company, TeleRead, The Huffington Post, Fortune, CNET News, TUAW, Adweek, ReadWriteWeb, App Advice and Softpedia News, Thanks:beet_tv

Peter Kafka / AllThingsD:

Time Magazine Rolls Out Print/Digital Subscriptions — And Puts Up Another Web Pay Wall — Time magazine is making it easier for readers to subscribe to its digital and print editions. And it is making it harder for non-subscribers to read the magazine on the Web.

Discussion: Folio, Poynter, VentureBeat, NetNewsCheck Latest, MediaPost, FishbowlNY, Audience Development and paidContent

Andy Fixmer / Bloomberg:

Hulu Owners Offer 5-Year Show Extension — Hulu LLC, the online video service seeking bids, plans to offer suitors five years of access to shows from its media-company owners, including two years of exclusivity, two people with knowledge of the situation said.

Discussion: MediaPost, The Business Insider, Electronista, Adweek, Bloomberg and Online Video News

Brian Stelter / New York Times:

The Good Ol' Days of 20 Years Ago — Are 18- to 34-year-olds too young to be nostalgic? — Evidently not. — Starting next Monday, TeenNick, part of the Nickelodeon family of cable channels for children, will start rebroadcasting old series from the 1990s that are considered classics by young adults.

Discussion: The Awl, The New York Observer and TVWeek.com

John Plunkett / Guardian:

Brooks: hacking payments not my remit — Former News International chief says News of the World's managing editor approved payments to private detectives — The former News International chief executive, Rebekah Brooks, has deflected MPs' questions about the News of the World's payments …

Discussion: Jon Slattery, Press Gazette, Future of Journalism, On Media's Blog and paidContent

Sophie Roell / The Browser:

Jay Rosen on Journalism in the Internet Age — In a break from our usual practice of focusing on books, we asked the journalism analyst and veteran blogger to recommend five articles illustrating the upheavals of the news business — I know that as journalists we have to adapt rapidly …

Jeff Sonderman / Poynter:

News orgs publish ebooks to capitalize on trending news, archived content — As more people buy e-readers and download books through digital stores, some news organizations are finding they can capitalize on their expertise and archives of information by quickly publishing e-books related to big stories.

Discussion: Editors Weblog