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

11:15 AM ET, July 22, 2011

Top News:

Justice Department Prepares Subpoenas in News Corp. Inquiry — The U.S. Justice Department is preparing subpoenas as part of preliminary investigations into News Corp. relating to alleged foreign bribery and alleged hacking of voicemail of Sept. 11 victims, according to a government official.

Discussion: MediaFile, Mediaite, TVNewser, Adweek, The Wrap, Deadline.com, The Wire, Guardian, Media Buyer Planner, Mashable!, The Next Web, ThinkProgress, News Desk, National Review, On Media's Blog, The Slog, The Huffington Post, Gawker and msnbc.com

Guardian:

James Murdoch: groomed for the top but now looking down the barrel — He will be unable to avoid another round of allegations and recriminations guaranteed to keep him in headlines — It's like the last scene from Reservoir Dogs when they all shoot each other. — But what did the Murdochs expect?

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

Discussion: Company Town, The Corsair, bookforum.com and New York Times

Guardian:
James Murdoch misled MPs, say former News of the World editor and lawyer

Discussion: New York Times, BBC, Forbes.com, The Awl, Press Gazette, Kleinman, The Wrap, Media Week, Media Law Prof Blog, The Wire, Jon Slattery, paidContent:UK and App Advice

Lucas Shaw / The Wrap:
News Corp.'s The Sun Fires Editor Over Phone-Hacking Connections

Discussion: Press Gazette, Guardian and Adweek

Reuters:
James Murdoch denies misleading panel

Discussion: New York Magazine and Adweek

Susan Candiotti / CNN:
9/11 families to meet with attorney general over phone hacking

Discussion: Washington Post and Wall Street Journal

Ian Sherr / Wall Street Journal:

Apple Explores Hulu Bid — Apple Inc. is in the early stages of examining Hulu LLC, a video-streaming pioneer that is being considered for sale by its owners. — Apple, which sits on $76.2 billion in cash and investments, is in the preliminary stages of looking at the site …

Discussion: AllThingsD, Future of Journalism and Fortune, more at Techmeme »

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

Keach Hagey / On Media's Blog:

David Leonhardt next NYT Washington bureau chief? — The New York Times newsrooms in Washington and New York have been buzzing with the rumor that David Leonhardt will soon be named the paper's next Washington bureau chief. — Filling the slot is Executive Editor Jill Abramson's …

Discussion: The Huffington Post, Poynter, New York Magazine, FishbowlNY, The New York Observer and Media News

Staci D. Kramer / paidContent:

‘The Daily’ Launches A New Version; Hopes For Assist From Spotify — Another News Corp (NSDQ: NWS). tabloid is making news today and this time it has nothing to do with Parliament or police. The Daily is out with a new edition that erases some of the biggest complaints about the iPad tab …

Discussion: Future of Journalism

Jeff Sonderman / Poynter:

News orgs: Post to Facebook at noon for peak engagement — After analyzing the keys to engagement on journalists' Facebook pages, the social network has analyzed the number of comments and likes on sampled news organization pages to determine best practices for engaging with readers.

Discussion: Future of Journalism and Facebook

Lornet Turnbull / Seattle Times:

State DOL cancels driver's license of ex-reporter in country illegally — The state of Washington has canceled the driver's license of a journalist who, in a New York Times Magazine article last month, revealed that for 14 years he kept a secret from his U.S. employers: He is an illegal immigrant.

Discussion: Poynter, The New York Observer, Washington Post and On Media's Blog

Michael Miner / News & Features, Chicago Reader:

The elusive definition of “journalist” — News used to be dispensed by an identifiable priesthood. Welcome to the reformation. — What the hell is a journalist anyway, and why should we need to define one? A journalist, says one of my daughters, making me swallow hard, is someone you can believe is trying to tell you the truth.

Lois Beckett / Nieman Journalism Lab:

Instapaper, Read It Later, Byliner: Platform founders on the pageview economics of time-shifted reading — When Byliner.com launched last month, there was plenty of enthusiasm about their new “Pandora of narrative non-fiction” from fans of long-form journalism.

Discussion: Future of Journalism

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: paidContent, Future of Journalism, CNET News, Betabeat, Tech Trader Daily, paidContent:UK, Business Wire and paidContent

Ken Doctor / Newsonomics:
New York Times Digital Transition: Worth $34 million (annually) and counting

Discussion: Mixed Media, Editors Weblog, National Review, TechFlash, AllThingsD and TechCrunch

Ken Doctor / Nieman Journalism Lab:

The newsonomics of U.S. media concentration — The rise and potential fall of Rupert Murdoch is a hell of a story. It is, though, closer to the Guardian's Simon Jenkins' description Tuesday, “not a Berlin Wall moment, just daft hysteria.” Facing only the meager competition of the slow …

Maria Bustillos / Nieman Journalism Lab:

Marshall McLuhan, Superstar — Today would have been Marshall McLuhan's 100th birthday. Continuing our informal McLuhan Week at the Lab, we present this essay by Maria Bustillos on McLuhan's unique status as a media theorist who was also a media star. … The public intellectual was invented in the mid-20th century.

Discussion: Epicenter, CBC News, The New York Observer and Brain Pickings

Ryan Chittum / CJR:

CNN, Piers Morgan, and the Hacking Scandal — It would be rather ironic if Fox News enemy CNN turns out to have a hacking-scandal-by-association problem on its hands, brought on by News Corp.'s woes and CNN's decision to hire a former British tabloid editor to anchor an hour of primetime.

Discussion: Guy Fawkes' blog, Yahoo! News and Gawker

Telegraph:

Phone Hacking: emails next scandal, says Tom Watson — Tom Watson, the Labour MP who helped expose phone hacking, has warned that the illegal interception of emails will be the next big scandal to emerge. — In an interview with The Daily Telegraph, Mr Watson said he believed the illegal practices …

Discussion: Guardian

D.M. Levine / Adweek:

YouTube Starts to Look Like a TV Network — YouTube may be a technology company at heart, but more and more it speaks the language of traditional TV programmers. The site is unveiling a new deal today with sponsors Dell and AMD to live stream two music festivals: Lollapalooza …