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
RELATED:
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, Mixed Media and AllThingsD
Steve Forbes / Forbes:
Why Rupert Murdoch Will Survive And Thrive Again
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, Gawker, The Next Web, The New York Observer, mocoNews, Bookseller news, GeekWire, eBookNewser and FT Tech Hub
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:
New York Magazine, @azipaybarah and Capital New York
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
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 New York Observer, New York Magazine and The Corsair
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:
TechCrunch
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:
Betabeat, TechCrunch, paidContent, GOOD and Future Journalism Project, more at Techmeme »
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.
Brent Lang / The Wrap:
New York Times Site Goes Down (Updated) — It now appears that the New York Times site is up and running again. — However, for nearly 40 minutes on Tuesday night, the Gray Lady's online home hit the mat. — The web page of the New York Times briefly appeared to be down, with a message reading “page not found.”
Discussion:
Poynter, The Huffington Post, AllThingsD, Adweek, FishbowlNY, @michaelroston, @nytimes, Medacity and NYConvergence.com
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, TechCrunch, Daily Mail, The Next Web and Boing Boing
Jeff Sonderman / Poynter:
BBC News editor: We may use social media photos without permission ‘in exceptional situations’ — BBC News has been criticized recently for using, without photographers' permission, photos posted on social networks. In response to a complaint, someone from BBC News had wrongly contended …
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:
GalleyCat
Wall Street Journal:
McGraw-Hill Explores Separation of Education Business — McGraw-Hill Cos. is exploring a separation of its education business, which has been struggling amid state budget cuts, people familiar with the matter said. — The company hired independent bank Evercore Partners in March …