Mediagazer: Is the internet making journalism better or worse? Yes (Mathew Ingram/GigaOM)

9:15 PM ET, July 21, 2011

Top News:

James Murdoch misled MPs, say former NoW editor and lawyer — Colin Myler and Tom Crone challenge News Corp executive's statement to MPs at phone-hacking hearing — James Murdoch has been accused of misleading the parliamentary select committee this week in relation to phone hacking …

Discussion: Kleinman, The Wrap, The Wire, Jon Slattery, Media Law Prof Blog, paidContent, msnbc.com, paidContent:UK and App Advice

Reuters:

James Murdoch denies misleading panel — (Reuters) - James Murdoch gave “mistaken” testimony to a British parliamentary committee, two senior ex-News of the World executives said on Thursday, the most direct accusation made so far against News Corp's heir apparent in a phone-hacking scandal.

Discussion: Adweek, FishbowlNY and MediaFile

Susan Candiotti / CNN:

9/11 families to meet with attorney general over phone hacking — (CNN) — Relatives of 9/11 victims will meet with the U.S. attorney general and other Justice Department officials to discuss allegations that a newspaper owned by News Corp. targeted phone conversations and voice mails …

Economist: Last of the moguls — Rupert Murdoch is the last member of a dying breed.

American Journalism Review: The Incredible Shrinking Rupert

Journalism.org:
The Wall Street Journal under Rupert Murdoch

Discussion: Poynter, Garcia Media, Mixed Media, News Desk, TVWeek.com, On Media's Blog, Chicago Reader, paidContent, NetNewsCheck Latest and Erik Wemple

Gautam Naik / Wall Street Journal:
Scotland Yard Stint Lands Former Editor in Spotlight

Discussion: Bloomberg

Paul Farhi / Washington Post:
Guardian, N.Y. Times worked to break News Corp. hacking case

Discussion: Poynter, Editors Weblog, blogs.telegraph.co.uk, Press Gazette, CJR, News Desk and Chicago Tribune

Business Wire:

The New York Times Company Reports 2011 Second-Quarter Results — Companies: — Related Quotes — SymbolPriceChange — NYT — 8.97 — NEW YORK—(BUSINESS WIRE)— The New York Times Company (NYSE:NYT - News) announced today a 2011 second-quarter diluted loss per share …

Discussion: New York Times, Poynter, AllThingsD, Media Nation, CNET News, TechCrunch, Media & Entertainment, Mixed Media, Epicenter, Betabeat and FishbowlNY, more at Techmeme »

Staci D. Kramer / paidContent:

NYT's Nisenholtz: 'We're Not Naive About Google' — A revealing bit of conversation at the end of the New York Times (NYSE: NYT) earnings call between an analyst, digital head Martin Nisenholtz and CEO Janet Robinson about Google (NSDQ: GOOG) and the About.com response to the change in search algorithms that hit About, among others.

Discussion: NetNewsCheck Latest

David Kaplan / paidContent:

NYTCo Swings To Loss; Digital Rises Double Digits, About Continues To Fall — In addition to seeing its advertising revenues continue to decrease due in part to the weak economy, The New York Times Co. (NYSE: NYT) swung to a loss on a $161.3 million write-down of assets at the Regional Media Group …

Discussion: MediaPost, NetNewsCheck Latest and paidContent:UK

Ken Doctor / Newsonomics:

New York Times Digital Transition: Worth $34 million (annually) and counting — What we can make from today's New York Times' digital circulation and overall second quarter report: The Times is on a tentative, early trajectory to proving out that a hybrid digital pay model will work.

Discussion: The Awl

David Kaplan / paidContent:

Condé Nast And Adobe Try To Get A Handle On Digital Mag Metrics — While it may be exciting for advertisers to try out out an interactive ad in a digital magazine, at the end of the day, they just care about the numbers. With that in mind, Condé Nast and its digital magazine partner Adobe …

Discussion: MediaPost, Adweek, Future of Journalism and The New York Observer

Lucia Moses / Adweek: Hearst, Bonnier Cave on MediaVest Demand for Tablet Data

Jeff Bercovici / Mixed Media:

Demand Media's Lawyers Go After Critical Blog as Stock Sags — There's something perversely flattering about having an entire website devoted to your supposed terribleness. But Demand Media is evidently not enjoying the attention from Demand Studios Sucks, a blog maintained by refugees …

Discussion: Demand Studios Sucks

Mathew Ingram / GigaOM:

Is the internet making journalism better or worse? Yes — For the past several days, The Economist has been hosting a debate between journalism professor Jay Rosen and digital skeptic and author Nicholas Carr, as part of an ongoing series about the future of media.

Discussion: Economist

Bloomberg:

Murdoch Gets Confidence Vote From Saudi Prince — News Corp. (NWSA) Chairman Rupert Murdoch, facing the fallout from alleged phone-hacking at a London newspaper, got a vote of confidence from Saudi Prince Alwaleed bin Talal Al Saud, one of the company's largest shareholders.

Andrew Edgecliffe-Johnson / Financial Times:

Thomson Reuters markets chief to leave — Devin Wenig, who has run Thomson Reuters $7.5bn markets division since Thomson Corp's 2008 takeover of Reuters, is leaving the company suddenly in a shake-up which the group said was intended to accelerate growth in the financial data business.

Lucas Shaw / The Wrap:

News Corp.'s The Sun Fires Editor Over Phone-Hacking Connections — A former News of the World executive has been fired from his current job at the Sun due to allegations related to phone hacking, the BBC is reporting. — Matt Nixson, features editor at The Sun, maintains his innocence …

Discussion: Guardian and Adweek

Brian Stelter / New York Times:

Sharpton Appears to Win Anchor Spot on MSNBC — After giving a nearly six-month tryout for the Internet talk show host Cenk Uygur, the cable news channel MSNBC is preparing to instead hand its 6 p.m. time slot to the Rev. Al Sharpton. — Mr. Sharpton's imminent hiring …

Discussion: The Huffington Post, Mediaite, Salon, Deadline.com, Journalism.org, Adweek, MIJE.org, LA Observed, Chickaboomer, The New York Observer, News Desk, Gothamist, Inside Cable News, The Wire, The Daily Caller, MetaFilter and Gawker

David Kaplan / paidContent:

AP Archive To Be Used As Basis For Programming Series — The Associated Press will be working with talent agency/marketing firm Madison Avenue Sports and Entertainment to develop content culled from the wire service's library of audio, video and photography.

Discussion: rbr.com

Andy Plesser / Beet.TV:

IAC's Vimeo Claims 50 Million Unique Users Worldwide, Cites Big Growth in Europe — Vimeo, the video sharing site of choice for many independent content creators, has reached 50 million users worldwide up from 30 million a year ago. — Big growth has occurred in Western Europe …

Discussion: Media Buyer Planner, Thanks:beet_tv