Mediagazer: Bye Bye, Borders: Chain Shuttering All Remaining Stores (Laura Hazard Owen/paidContent)

4:00 AM ET, July 19, 2011

Top News:

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 …

Guardian:

News of the World phone-hacking whistleblower found dead — Death of Sean Hoare - who was first named journalist to allege Andy Coulson knew of hacking - not being treated as suspicious — • Sean Hoare profile: A courageous and distinguished reporter

Bloomberg:

Murdoch Struggles for Control as Scandal Grows — News Corp. (NWS)'s Rupert Murdoch is struggling to control the destiny of the company he began building six decades ago after a trusted deputy was arrested and Scotland Yard's top official quit over ties to a suspect in the phone-hacking probe.

Discussion: New York Times, The Daily Dish, Guardian, Adweek, Forbes.com, The Huffington Post, On Media's Blog, Felix Salmon, The Wire, Wired In Blog| BNET, ABC News, Crikey, TVNewser and Wall Street Journal

New York Times:

Murdoch Aides Long Tried to Blunt Scandal Over Hacking — LONDON — Two days before it emerged that The News of the World had hacked the cellphone of a murdered schoolgirl, igniting a scandal that has shaken Rupert Murdoch's media empire, his son James told friends that he thought the worst of the troubles were behind him.

Discussion: Guardian, msnbc.com, Tom Watson, New York Magazine, Salon, American Journalism Review, Vanity Fair and The Nation

Yinka Adegoke / Reuters:

Murdoch has board backing — (Reuters) - News Corp independent directors are fully behind Rupert Murdoch, a board member told Reuters on Monday, as his iron grip on his vast media empire came under question because of the hacking scandal that already has consumed his London newspaper company.

Discussion: Gawker

Felix Salmon:

Could News Corp end up in play? — The increasingly-fragile nature of Rupert Murdoch's hold on News Corp has refocused attention on its dual-class share structure. As John Gapper noted last week, such structures aren't particularly good for minority shareholders like you or me.

Jeff Bercovici / Mixed Media:

How News Corp. Will Change After the Hacking Scandal — Rupert Murdoch. Image by Getty Images via @daylife — Addressing Parliament, British Prime Minister David Cameron demanded “root and branch change” at News Corp. in response to an emerging pattern of law breaking by its tabloid journalists.

Discussion: AllThingsD and Forbes.com

Gabriel Sherman / New York Magazine:

Can Hands-on Boss Rupert Murdoch Plausibly Deny Knowledge of Hacking at the News of the World? — Hand on heart: Rupert Murdoch on Friday. — When Rupert Murdoch appears before British Parliament tomorrow, he'll face questions for the first time about the unfolding hacking scandal …

Discussion: MediaFile, News Desk and Guardian

Johnnie L. Roberts / The Wrap:

A Rupert Murdoch Peer: He's ‘Dead Money’ — Now more engulfed than ever in a virulent phone-hacking scandal, it appears that Rupert Murdoch's days amid the upper echelons of media moguldom are numbered. — With resignations and arrests occurring daily among News Corp.'s top newspaper executives …

Discussion: Guardian, FleetStreetBlues, paidContent, The Wire, Digital Trends, ZDNet, Pocket-lint, PC Magazine, On Media's Blog, Future of Journalism and The Independent

Wall Street Journal:

Showdown Time for Murdoch — Reputations at Stake as News Corp. CEO Testifies Before U.K. Panel on Tabloid-Hacking Scandal — News Corp. is embroiled in a phone-hacking scandal that threatens the legacy of CEO Rupert Murdoch, left, shown with son James in 2010.

Mike Butcher / TechCrunch Europe:
Updated: The Sun and News International sites hacked, Lulzsec claims responsibility

Discussion: New York Magazine, The Next Web, Crikey, The New York Observer, TechCrunch and Runnin' Scared, more at Techmeme »

Ken Doctor / Newsonomics:
New News Corp Strategy: Become an Even More American Company

Discussion: Guardian, The Firewall, L.A. Times Tech Blog, Editors Weblog, Guardian, Telegraph, Channel 4 and News Desk

Newsweek:
How We Broke the Murdoch Scandal

Discussion: Kempton, CJR, The Business Insider, Future of Journalism, Ben Smith's Blog, Kirk LaPointe's … and The New York Observer

Jeff Jarvis / BuzzMachine:
What's next for News Corp. and its worlds

Phillip Mendonça-Vieira:

The nytimes they are a-changin' — Due to an errant cron task that ran twice an hour from September 2010 to July 2011, I accidentally collected about 12,000 screenshots of the front page of the nytimes.com (unfortunately, you can only watch the whole 7 minutes if you stick to 480p).

Discussion: Nieman Journalism Lab, Garcia Media, Gizmodo, The Business Insider, paidContent and Future Journalism Project

New York Magazine:

21 New Media Innovators — While the dark days of journalism have receded a bit — it was only three years ago that layoffs were a weekly occurrence, and serious people discussed the closure of the New York Times — the business is still very much in a state of chaotic flux.

David Kaplan / paidContent:

Gannett: Focus Is On Growning Digital Business, Not Margins — With Gannett's digital revenues reliably growing by double digits for the past year, analysts on the company's Q2 earnings call noted that the segment's operating margins are around 25 percent. But with digital making …

Discussion: Poynter, AdExchanger.com, Business Wire, Bloomberg, The Wrap and Gannett Blog, Thanks:beet_tv

David Kaplan / paidContent:UK:
Yahoo Helps Boost Digital At Local Gannett Papers; USAT Digital Revs Jump

Discussion: NetNewsCheck Latest

Laura Hazard Owen / paidContent:

Bye Bye, Borders: Chain Shuttering All Remaining Stores — Borders is closing its 399 remaining stores and 11,000 employees are being laid off. In a statement, Borders Group President Mike Edwards said, “We were all working hard towards a different outcome, but the headwinds we have been facing …