Mediagazer: News Startup Capital New York Raises More ... Capital (Edmund Lee/AdAge)

7:20 PM ET, August 17, 2011

Top News:

Meg James / Company Town:

Elisabeth Murdoch makes $214 million on Shine sale — Rupert Murdoch's daughter Elisabeth Murdoch collected $214 million from the sale of her British TV production company, Shine Group, to her father's media company earlier this year. — In April, News Corp. paid $675 million …

Discussion: MediaFile, Media & Entertainment and Adweek

Wall Street Journal:

New Issues Emerge for News Corp. in Britain — LONDON—New evidence given to Parliament by former News Corp. executives and legal advisers undercut the company's account of phone hacking at its News of the World tabloid and contradicted News Corp.'s longstanding assertion that it had conducted a thorough internal investigation.

Discussion: The Huffington Post and Mixed Media

Steve Forbes / Forbes:
Why Rupert Murdoch Will Survive And Thrive Again

Discussion: MediaFile

Edmund Lee / AdAge:

News Startup Capital New York Raises More ... Capital — Infusion of $1.7 Million Allows Company to Hire More Journalists — As the venerated 130-year-old Los Angeles Times was laying off more of its reporters a few weeks ago, Capital New York, a small news startup based in Manhattan …

Discussion: The New York Observer, @azipaybarah, Capital New York and New York Magazine

David Streitfeld / New York Times:

Amazon Set to Publish Pop Author — SAN FRANCISCO — Amazon moved aggressively Tuesday to fulfill its new ambition to publish books as well as sell them, announcing that it had signed Timothy Ferriss, the wildly popular self-help guru for young men. — The terms were not disclosed.

Discussion: Adweek, Amazon.com, mocoNews, The Next Web, Pulse2, Gawker, The New York Observer, eBookNewser, Bookseller news, GeekWire and FT Tech Hub, more at Techmeme »

Adrianne Jeffries / Betabeat:

Jumo ‘Acquired’ for $0 and a Graceful Exit — Facebook co-founder Chris Hughes has struggled with his ambitious solo start-up, the social network for activism Jumo, ever since its bumpy launch. Waning traffic and disinterested users were making it obvious that the site was not going to catch on …

Discussion: @betabeat, @chrishughes, Pulse2, @betabeat, @betabeat and @pkafka

Ellen McGirt / Fast Company:

Chris Hughes's Jumo And GOOD Join Forces — GOOD, publisher of the magazine by the same name and the social action platform is acquiring Jumo, the cause-oriented social network created by Facebook and team Barack Obama veteran Chris Hughes. — Jumo, the social network created …

Discussion: TechCrunch, paidContent and GOOD, more at Techmeme »

Adam Penenberg / Fast Company:

This Column Was Crowdsourced By Servio — Find out what happens when a journalist crowdsources a piece about a crowdsource company to the people who work there. — From DARPA soliciting the masses to design aspects of next generation combat vehicles, to Kickstarter crowdfunding projects by artists …

Discussion: Poynter and TechCrunch

Zeke Turner / WWD:

New York Editor Chris Rovzar to Join Vanity Fair — After four years at New York magazine, senior online editor Chris Rovzar is leaving the weekly to take over Vanity Fair's Web operations as digital editor, WWD has learned. Starting in the middle of September, Rovzar will report to Jamie Pallot …

Discussion: FishbowlNY

David W. Chen / New York Times:

Judge Rejects Discrimination Suit Against Bloomberg L.P. — In a major victory for Bloomberg L.P., the financial and media services giant founded by Mayor Michael R. Bloomberg, a federal judge has dismissed claims that the company engaged in a pattern of discrimination against pregnant women who took maternity leaves.

Discussion: Gawker, TPMDC, On Media's Blog, New York Magazine and SAI

New York Post:

Jane divorcing Jann at last — Rolling Stone founder and Us Weekly owner Jann Wenner is finally being sued for divorce by his estranged wife Jane Wenner — 16 years after he sparked a sensation by leaving her and moving in with his gay lover, former Calvin Klein model Matthew Nye.

Discussion: FishbowlNY, The Corsair, The New York Observer and New York Magazine

Amy Wicks / WWD:

Editors Face Teen Angst — In the age of Twitter and Facebook, magazines desperately seek younger readers. — Photo By Courtesy Photo Photo By Courtesy Photo … NEW YORK — Magazine newsstand sales were revealed last week by the Audit Bureau of Circulations and the numbers were bleak.

Discussion: The Wire

Alice / Wonderland:

The Daily Mail knowingly and commercially used my photos despite my denying them permission. — A few days ago, I snapped a picture in The GAP on Oxford Street: their ALWAYS SKINNY mannequins' legs are not only always skinny, but anorexically/starved so. — I tweeted it, and TwitPic'd one picture.

Discussion: Poynter, paidContent:UK, The Next Web, TechCrunch, Daily Mail and Boing Boing

Jeff Bercovici / Mixed Media:

The World's Highest-Paid Authors — see photosJohannes Eisele/AFP/Getty Images — Click for full photo gallery: Top Earning Authors — The golden era of books is over. Sales of adult hardcovers, the most expensive and lucrative category of books, were down 23 percent in the first half of 2011 after falling 5.1 percent in 2010.

Discussion: The Wire, GalleyCat and Reading Copy Book Blog

Staci D. Kramer / paidContent:

RR Donnelley Continues Digital Expansion With Purchase Of LibreDigital — Another interesting digital acquisition by R.R. Donnelley & Sons, Co., the Chicago publishing services company that picked up Steve Brill and Gordon Crovitz's Press+ earlier this year.

Discussion: NetNewsCheck Latest, eBookNewser and TeleRead

Sarah Marshall / Journalism.co.uk:

Facebook study finds Independent's content was shared and liked 136,000 times in one month — Facebook has published a report on the way the Independent uses the social network to share content. The study has found people liked or shared content from the Independent 136,000 during a “recent” month.