Mediagazer: Shine's profits fall to £4.7m in year before takeover (Dan Sabbagh/Guardian)

11:25 PM ET, October 3, 2011

Top News:

Brian Stelter / Media Decoder:

ABC News and Yahoo News Announce Deal to Share Content — Yahoo News, which has more unique visitors than any other news Web site, is partnering with ABC News to share stories and feature Web video series. — The partnership, announced Monday on ABC's “Good Morning America,” …

Alex Weprin / TVNewser:

Analysis: For ABC News and Yahoo!, New Partnership Requires a Long-Term Investment — Fox News, The Huffington Post, Current TV, Gawker, Turner Sports, CBS and CBS News, Microsoft, Granite Broadcasting, CNN.com and ABC News-twice. — These are just some of the major media companies …

Discussion: Beet.TV, Broadcasting & Cable, GigaOM and Company Town

Julie Moos / Poynter:
Yahoo-ABC News partnership: the more things change…

Discussion: ReadWriteWeb

Staci D. Kramer / paidContent:

‘Daily Mail’ Jumps The Gun On Knox Verdict With Embarrassing Results — The internet makes it possible to broadcast breaking news at a pace unlike anything we've ever experienced. Unfortunately, that includes the ability to rapidly transmit reports that never should have been written, much less published.

Discussion: The Huffington Post, Daily Mail, Mediaite, Malcolm Coles, Business Insider, @felixsalmon, @mikebutcher, FleetStreetBlues, @kashhill, @marcsettle, @matthewwells, @themediatweets and Gawker

Julie Moos / Poynter:
Amanda Knox verdict plays big & bold on most news home pages

Discussion: TVNewser and Mediaite

Jennifer Preston / New York Times:

Mashable, Once a One-Man Blog, Gains Clout in Social Media — Pete Cashmore acknowledged he was nervous. Only a few years ago, he was living with his parents in a small town in northeast Scotland, trying to start a technology blog. Now, at 26, he was about to interview Elie Wiesel …

Discussion: NYConvergence.com, @rafat, @lavrusik, Poynter and eMedia Vitals, Thanks:beet_tv

Erick Schonfeld / TechCrunch:

MG Siegler Will Become Our Apple Columnist, And Join CrunchFund As A VC — When I first reached out to MG Siegler to join TechCrunch two and a half years ago, I knew he was an amazing talent who could help cement our place as the premier technology blog on the Internet.

Discussion: Gawker, UNCRUNCHED, paidContent, Business Insider and @betabeat, more at Techmeme »

Richard Huff / NY Daily News:

Fox News celebrates 15 years on air; Network has become No. 1 in cable news for past 10 — Fox News Chairman Roger Ailes is used to being slammed on a regular basis — it comes with running the No. 1 cable news network — but it doesn't always make the attacks easy to accept.

Discussion: Adweek, The Huffington Post, TVNewser and Inside Cable News

D.M. Levine / Adweek:
The Fox News Revolution

Discussion: Mediaite, rbr.com, TVNewser and Inside Cable News

Brian Stelter / New York Times:

‘Diggnation,’ Popular Web Talk Show, to End in December — Together, Kevin Rose and Alex Albrecht are akin to Oprah for a certain class of tech enthusiasts. — The weekly beta-testing and beer-guzzling show they have hosted for six years, “Diggnation,” adapted the television talk show format …

Discussion: @kevinrose, GigaOM and PC Magazine, more at Techmeme »

David Hirschman / Street Fight:

Hyperlocal Publishers Form a Trade Group — A new trade association aims to unite independent hyperlocal publishers around common business interests and offer services that small publishers may not have access to on their own, such as health insurance. — At the Block by Block conference …

Discussion: Nieman Journalism Lab, eMedia Vitals and Poynter

Janko Roettgers / GigaOM:

Netflix is bidding for Arrested Development comeback — Arrested Development is back: The cult comedy is returning to TV screens with a final ten episode season, according to a report from Deadline Hollywood. The revelation was made at the New Yorker Festival, where Arrested Development …

Discussion: Home Media Magazine, Mediaite, Gizmodo, Deadline.com, TVLine and AintItCool

Dave Itzkoff / ArtsBeat:
‘Arrested Development’ Movie, and New TV Episodes, Are in the Works

Discussion: Washington Post, Inside TV, VatorNews, FishbowlLA, Adweek, The Daily Caller, Speakeasy, BLOGGING via TYPEWRITER, Guardian, NY Daily News, /Film, LAist, All and Forbes

Drew Grant / The New York Observer:

Exclusive: Occupy Wall Street Activist Slams Fox News Producer In Un-Aired Interview [Video] — Protester Jesse LaGreca schools Fox producer — Even if Geraldo Rivera was at the Zuccotti Park yesterday, Fox News has generally been a tad dismissive of the Occupy Wall Street movement.

Jim Romenesko / Poynter:

Hearst Magazines boss: We've made giant strides toward becoming ‘the magazine company of the future’ — Romenesko+ Misc. — In a letter sent this morning to all Hearst Magazines employees, president David Carey says tomorrow's HGTV Magazine tryout “is a testament to our conviction that every sector …

Discussion: Media Life Magazine and FishbowlNY

Stefanie Botelho / Folio:

In 2011, Magazine Launches Outpace Closures — Food and regional interest titles lead launch categories. — In its quarterly survey, Mediafinder.com reports 200 magazines launched in the first nine months of 2011. This number is an upshot from the same period in 2010, in which 176 magazines debuted.

Bill Keller:

Disrupters and Adapters, Continued: Will the Internet Save Newspapers? — The two visions of higher education's future I described in my column this week - Stanford Professor Sebastian Thrun's mission of a virtual university and Stanford President John Hennessy's devotion to a flesh-and-blood campus …

Discussion: New York Times

Keach Hagey / On Media's Blog:

Newsweek retracts Pelosi quote — Nancy Pelosi is not exactly what you'd call a loose cannon. — So it was big news this morning when a quote attributed to the House Minority Leader began circulating around the blogosphere, in which she appeared to tell Newsweek's Howard Kurtz …

Discussion: Erik Wemple, The Daily Beast, Regret the Error, Business Insider, The Huffington Post, TPMDC and The Daily Caller

Kara Swisher / AllThingsD:

HuffPost at One Biiiilllliiion Monthly Page Views: More Buying, More Launching, More Hiring — The Huffington Post Media Group, which says it has topped one billion page views for the month of August, has bought an online grassroots platform called Localocracy.

Discussion: WWD, Poynter, Epicenter, The Wrap, Forbes, VentureBeat, VatorNews, MediaPost, Beyond Search, NYConvergence.com, FishbowlNY, Adweek, The Next Web, Future of Journalism, Betabeat and TechCrunch

Jim Romenesko / Poynter:

Grant money is available to independent investigative journalists — Romenesko+ Misc. — Need money for travel and other reporting expenses? The Fund for Investigative Journalism (FIJ) has grants averaging $5,000 for independent journalists who are investigating issues in the United States …

Joe Pompeo / Capital New York:

Editor: Aug. 2011 ‘Wall Street Journal’ ad revenue up 24 percent over Aug. 2010 — The Wall Street Journal saw a 24-percent increase in print ad revenue in August when compared to August of 2010, an increase that occurred “while other national newspapers have reported distressing declines in advertising …

Discussion: Media Matters for America and Poynter

Brian Womack / Bloomberg:

Google Takes Page From Sunday Newspaper With New ‘Circulars’ Ads — Google Inc. (GOOG) is on a quest to make Internet advertising look more like the Sunday paper. — The online-search giant is working with advertisers such as Best Buy Co. and Macy's Inc. (M) to create Web-based circulars …

Discussion: The Official Google Blog, eMedia Vitals, Adweek, Mashable!, Softpedia News, TechCrunch, Fast Company and MediaPost

Electronista:

YouTube's $100m TV content deals said near finished — YouTube paying top cash for Tony Hawk video, more — Google's plans for professional, live YouTube channels are near completion, insiders claimed Monday. Deals were billed by the WSJ as near-final for pro skater Tony Hawk …

Discussion: Wall Street Journal, TechCrunch, VentureBeat and CNET News, more at Techmeme »

Democracy Now:

Settlement Reached Over Arrest of Amy Goodman, Democracy Now! Producers at 2008 GOP Convention — A final settlement has been reached in a federal lawsuit challenging the police crackdown on journalists reporting on the 2008 Republican National Convention and protests in St. Paul, Minnesota.

Discussion: Gawker

Keach Hagey / On Media's Blog:

Can Erin Burnett fix CNN's woman problem? — With the launch of “OutFront” on CNN at 7 tonight, Erin Burnett is entering some promising, but potentially dangerous, cable news territory. — For all that CNN has done to elevate the careers of marquee names such as Christiane Amanpour and Candy Crowley …

Discussion: New York Magazine

Stuart Dredge / paidContent:

More Than Half Of Netflix's Streams Are TV Shows, Not Films — Netflix's background in DVDs-by-mail means it is often seen as mainly a movies service. However, the balance has tipped more towards TV shows in its streaming operation. — “50 percent and sometimes 60 percent of viewing is TV episodes now …

Discussion: GigaOM, Deadline.com and Gizmodo, more at Techmeme »