Mediagazer: Current TV's CEO Out Mark Rosenthal will be replaced by co-founder and former CEO Joel Hyatt By D.M. Levine (D.M. Levine/Adweek)

10:55 PM ET, July 28, 2011

Top News:

News of the World targeted phone of Sarah Payne's mother — Exclusive: Private investigator Glenn Mulcaire had personal details of murdered girl's mother — Sara Payne, whose eight-year-old daughter Sarah was abducted and murdered in July 2000, has been told by Scotland Yard …

Discussion: New York Times, CJR, Poynter, Salon, The Lede, Vanity Fair, The Huffington Post, The Daily Beast, New York Magazine, msnbc.com, Gawker, Adweek, The Wire, Press Gazette, Financial Times and Guardian

Wall Street Journal:
U.K. Tabloid's Lawyer Had a Ringside Seat

Discussion: The New York Observer

Peter Kafka / AllThingsD:

Here's What Steve Forbes Is Telling His Staff About That Brutal Fortune Article — Fortune depantsed longtime rival Forbes today with a story detailing the business magazine's finances, which have been terrible. — Don't worry about it, Forbes chairman Steve Forbes tells his staff, via an internal memo which you can read below.

Discussion: The Business Insider, FishbowlNY, Future of Journalism and New York Magazine

Katie Benner / Fortune:

The Forbes family's big deal causes big trouble — After default, emergency restructuring was needed to satisfy lenders. — Malcolm's sons (from left): Timothy, Christopher, Robert, and Steve in 1993 — FORTUNE — The Forbes family has poked itself in the eye with its “capitalist tool.”

Discussion: Folio, The Business Insider, Poynter, Mr NYC, FishbowlNY, Adweek and The Huffington Post

Mathew Ingram / GigaOM:

Can news publishers learn anything from Netflix? — Users of Netflix's digital movie-rental service have been up in arms about a sudden change to the company's pricing plans, which appears to be aimed at reducing demand for its DVD-by-mail service by jacking up prices.

Thanks:bradfordcross

Ken Doctor / Nieman Journalism Lab:

The newsonomics of Netflix and the digital shift — Editor's Note: Each week, Ken Doctor — author of Newsonomics and longtime watcher of the business side of digital news — writes about the economics of news for the Lab. — Netflix CEO Reed Hastings says he is surprised that customers …

Discussion: TeleRead

Justin Ellis / Nieman Journalism Lab:

Why The Atlantic joined up with Pulse — and what the app's usage stats can tell data-hungry publishers — Just last week Pulse struck a new partnership agreement, adding The Atlantic, The Atlantic Wire, and The National Journal to its list of featured content providers.

Discussion: Future of Journalism and Cision

Martin Bryant / The Next Web:

Anatomy of a Twitter rumor: When a story's too juicy not to retweet — The latest example of ‘think before you retweet’ emerged today when a false rumor spread like wildfire that British journalist and TV presenter Piers Morgan had been suspended from his position as a CNN talkshow host.

Discussion: Felix, Felix Salmon, Adweek, Poynter, Guardian, The New York Observer, On Media's Blog, American Journalism Review, New York Magazine, Lost Remote, AdAge and Kirk LaPointe's …

D.M. Levine / Adweek:

Current TV's CEO Out Mark Rosenthal will be replaced by co-founder and former CEO Joel Hyatt By D.M. Levine — Photo by Joe Kohen/Getty Images for Current TV — Adweek has confirmed that Mark Rosenthal is stepping down as CEO of Current TV. Current co-founder Joel Hyatt, will take over for Rosenthal.

Discussion: MediaPost, paidContent:UK, Deadline.com, The Wrap and Broadcasting & Cable

Lens:

Back in Action and Back on Page 1 — “He will be missed until — as I have no doubt he will — he returns to action, cameras blazing.” — Bill Keller, the executive editor of The New York Times, offered this brave prognosis to the staff in October, hours after the photographer Joao Silva lost …

Discussion: Poynter, Journalism.co.uk, Mediaite, New York Magazine and New York Times

Jeff Sonderman / Poynter:

Newsbeat debuts as robust, real-time Web analytics tool for news publishers — The people behind the popular realtime analytics tool Chartbeat launched a new version today specifically designed for news publishers, called Newsbeat. It is a more powerful tool for understanding your Web traffic, but also comes at a higher cost.

Discussion: 10,000 Words, TechCrunch, VentureBeat and Future of Journalism

Rick Edmonds / Poynter:

Pruitt: ‘Feels like the 19th’ inning for McClatchy as it reports disappointing revenues again — With most newspaper companies now having reported results through the first half of the year, the basic story remains the same. Print advertising revenues just keep declining.

Discussion: paidContent and NetNewsCheck Latest

Nikki Finke / Deadline.com:

LA Times Layoffs Due To Movie Ad Falloffs — The Los Angeles Times began another round of buyouts and layoffs extending into August. And all because of what internal sources say is a dramatic shortfall in movie advertising revenue. “Film advertising is down -25% under the projections for this time of year.

Greg Sandoval / Media Maverick:

A defense of charging more for Web TV (Q&A) — So apparently we were just kidding ourselves and the Internet really isn't going to send us to some digital TV Shangri-La, where all the content was free of charge, available at our fingertips, and killed commercial breaks.

Discussion: CNET News, TorrentFreak, Most Recent Home Page Posts …, mediabistro.com, Broadcasting & Cable and GigaOM

Peter Kafka / AllThingsD:
Netflix Is for Movies, Hulu Is for TV Shows. Neither Is for Your iPad or Your iPhone.

Discussion: VentureBeat, Lost Remote, ArtsBeat, PopWatch, Techland, SplatF, CNET News, NetNewsCheck Latest, SocialTimes.com and MediaPost

Ben Fenton / Financial Times:

BSkyB directors back James Murdoch — James Murdoch has won the unanimous support of BSkyB directors to remain as chairman, a person familiar with the situation said on Thursday. — He will remain chairman of the satellite broadcaster for the foreseeable future, directors decided …

Jane Martinson / Guardian:
James Murdoch back to chair BSkyB board meeting

Discussion: CJR, Company Town, Media News, Advertising …, Crikey and On Media's Blog

Philip Bump / Mediaite:

The New Yorker Goes Digital - But Leaves Its Iconic Covers Behind — An issue of the New Yorker may be long and densely packed, but at least one only comes every seven days. It's possible that the incarcerated manage to read every issue. I am skeptical of anyone else who makes that claim.

Discussion: Poynter

Mallary Jean Tenore / Poynter:

6 ways Twitter has made me a better writer — It's been almost four years since I first set up my Twitter account. I joined in August 2007 as part of a story I was writing about the implications Twitter could have for journalism. — “I never thought I'd be a Twitterer who twittered tweets” was my lead.