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8:40 PM ET, July 21, 2011

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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 …
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
Economist:   Last of the moguls  —  Rupert Murdoch is the last member of a dying breed.
American Journalism Review:   The Incredible Shrinking Rupert
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
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 …
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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 …
Ken Doctor / Newsonomics:
New York Times Digital Transition: Worth $34 million (annually) and counting
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 …
RELATED:
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
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 …
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
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
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
 
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 More News: 
Betsy Rothstein / FishbowlDC:
Tricks of the Trade With The Atlantic's Senior Editor Megan McArdle
Business Week:
Will the Scandal Tame Murdoch?
Paul Sawers / The Next Web:
New UK newspaper reportedly to be based on successful Daily Mail website
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Discussion: Nieman Journalism Lab
Patrick Wintour / Guardian:
David Cameron widens inquiry on media regulation to include the BBC