Top News:
Dan Primack / Fortune:
CrunchFund confusion — If Michael Arrington is leaving TechCrunch, what does that mean for the investors in CrunchFund? — Yesterday we were first to report that tech blogger Michael Arrington has launched a $20 million venture capital fund, which is being backed by AOL (AOL) and a group of Silicon Valley's top VC firms.
RELATED:
The Business Insider:
AOL SPOKESMAN: Mike Arrington Is No Longer Employed By This Company* — Update: WAIT! Now AOL Says Mike Arrington Is Still An Employee - In The Business Development Division — Earlier: TechCrunch founder and editor Michael Arrington is “not employed by AOL” anymore, AOL Huffington Post spokesperson Mario Ruiz tells us.
Paul Carr / TechCrunch:
The CrunchFund: Actually, Tim, We Don't All Have “Different” Standards — Yesterday afternoon, Mike Arrington and AOL CEO Tim Armstrong announced the launch of “the CrunchFund”, a venture fund that will — according to the New York Times — “invest in start-ups, including some that [Arrington] and his staff write about”.
Peter Kafka / AllThingsD:
Mike Arrington, AOL Employee, Won't Have “Influence on Coverage,” Says AOL — You thought a story about Mike Arrington would be clean and easy? Ha. — So here's the latest (for those just tuning in, we'll do backstory later — who said the inverted triangle was dead?):
Discussion:
The Business Insider, Mixed Media, The Loop and L.A. Times Tech Blog
Dave Winer / Scripting News:
Arrington is the future of what we used to call journalism — Interesting but not too surprising how the tech press is spinning the new VC fund being run by Mike Arrington of TechCrunch. — There's not any real controversy here, however. — 1. It's not news. He's been investing in tech startups for a long time.
The Business Insider:
AOL Left Arianna Huffington In The Dark About Arrington's Controversial VC Fund
Nicholas Carlson / The Business Insider:
AOL Is Replacing Michael Arrington At TechCrunch - He'll Still Write
Discussion:
Betabeat, Forbes, Wall Street Journal, Fast Company, Future of Journalism, GeekWire, Gizmodo and Gizmodo
Josh Halliday / Guardian:
Rupert Murdoch receives $12.5m bonus — News Corp chief's total pay package soars 47% to $33m, though his son James has declined $6m bonus — Rupert Murdoch, the chairman and chief executive of News Corporation, received a $12.5m (£7.7m) cash bonus for the last financial year …
RELATED:
Peter Kafka / AllThingsD:
James Murdoch Turns Down $6 Million Bonus, Citing PhoneGate — News Corp. executive James Murdoch says he'll decline a $6 million bonus the company gave him for his performance in its last fiscal year, citing the ongoing PhoneGate scandal. — Murdoch, who is Deputy Chief Operating Officer …
Discussion:
rbr.com
Joel Gunter / Journalism.co.uk:
Phone hacking: 34-year-old man arrested — Unnamed man arrested by officers from the Met police's Operation Weeting team in connection with phone hacking and perverting the course of justice — Today's arrest is the 15th by the Met police's Operation Weeting phone hacking investigation
Discussion:
Guardian and Press Gazette
James Cusick / The Independent:
Gordon Brown issues challenge over Sunday Times recordings — Gordon Brown has stepped up his campaign against Rupert Murdoch's News International media group, sending tape recordings to the Metropolitan Police earlier today which he says challenge the Sunday Times's assurances that it broke …
Jeff Bercovici / Mixed Media:
Jim Breyer Joins News Corp. Board as Tom Perkins Departs
Discussion:
paidContent, AllThingsD, TechCrunch, FishbowlNY, Adweek, Forbes and Globe and Mail
Reuters:
Insight: Murdoch's tough guy Carlucci under pressure
Discussion:
The Slog, Stop Big Media News and Crikey
Felix Gillette / Business Week:
Matthew Freud Will See You Now — If the PR whiz can steer himself …
Discussion:
The Huffington Post, Company Town and Felix Salmon
Ryan Lawler / GigaOM:
Who gets Starz digital rights now? Probably no one — Starz dropped a bomb on Netflix Thursday, announcing to the world that it was ending negotiations for a renewal of their deal and pulling its content from the streaming service next March. That's led many to speculate about who might pick up those rights when they lapse.
Discussion:
Future of Journalism and Company Town
RELATED:
Ben Fritz / Company Town:
Netflix offered $300 million-plus, but Starz wanted higher consumer prices
Discussion:
Forbes, Techdirt, Broadcasting & Cable, Digits, TechPinions, rbr.com, MediaPost, The Wire, Wall Street Journal, Engadget, BGR, Electronista, SplatF, Techland, Home Media Magazine, Softpedia News, ZDNet, AllThingsD, GeekWire, TechCrunch, VentureBeat, Gizmodo, The Business Insider and paidContent, more at Techmeme »
Tim Carmody / Epicenter:
How the Starz-Netflix Divorce Will Remake Video
Discussion:
GigaOM, The Next Web and Between the Lines Blog, more at Techmeme », Thanks:tcarmody
Ben Popper / Betabeat:
Fashion Week Flameout: Why the Industry Is Erupting at Tumblr and Rich Tong — Earlier this year Tumblr was the toast of fashion week. The company's fashion director, Rich Tong, negotiated access for influential Tumblr users to cover swanky events. The bloggers, once the red headed step children …
Discussion:
Future of Journalism
RELATED:
Ben Popper / Betabeat:
The Legal Risks of Rich Tong's Tumblr Fashion Week Proposal
Discussion:
The Corsair
Steve Myers / Poynter:
Social media editor role expands to include fighting misinformation during breaking news — The buzzwords for social media editors at news outlets are conversation, curation and collaboration. But when using Twitter and its ilk to collect and disseminate news in real-time, another word is becoming just as important: corroboration.
Claire Atkinson / New York Post:
Oprah calls on tech bigs to save Web site — Oprah Winfrey is in need of an Internet intervention. — The talk show queen plans to huddle with top tech players next week to gin up some ideas for reviving her flagship site, Oprah.com, whose traffic has plummeted since her daytime talk show ended in May, The Post has learned.
Discussion:
Gawker, The Next Web, VatorNews, The Huffington Post, AllThingsD, The New York Observer, The Business Insider and TVWeek.com
NPR Topics:
As Media Lines ‘Blur,’ We All Become Editors … For years now, media watchers have warned that the dwindling popularity of traditional media would change how we follow the news. They've predicted that news consumers would need to learn the difference between a credible source and an interested party …
Discussion:
TeleRead
Ingrid Lunden / paidContent:UK:
Digital-First Guardian Cuts Down MediaGuardian, Two Other Print Supplements — More developments on the theme of printed newspapers going digital first. The Guardian has announced that the MediaGuardian, plus two other weekly supplements on education and society, will cease to be a standalone printed supplements after next week.
Discussion:
Guardian and Press Gazette
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