Mediagazer: It's Good to Be Michael Lewis (Jessica Pressler/New York Magazine)

4:25 AM ET, October 4, 2011

Top News:

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: The Huffington Post, Beet.TV, Broadcasting & Cable, GigaOM and Company Town

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

Discussion: ReadWriteWeb

Brian Stelter / Media Decoder:
ABC News and Yahoo News Announce Deal to Share Content

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

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

Discussion: TVNewser, The Atlantic Wire and Mediaite

Jessica Pressler / New York Magazine:

It's Good to Be Michael Lewis — He could have made a fortune in business. Instead, he made a fortune writing about it. Plus—a fortune for everyone he writes about. — Collins Tuohy has told this story before, and by now her delivery is spot on. It was Thanksgiving morning …

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

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

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

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: rbr.com, Mediaite, TVNewser, The Wrap 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, PC Magazine and GigaOM, more at Techmeme »

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

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

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.

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

Sharon Waxman / The Wrap:

New Hulu Bids Due This Week, But Sale Probability Wanes — Second-round bids for the streaming start-up Hulu are due this week, but a sale looks less and less likely as the owners debate demands for conditions around the bids, according to individuals knowledgeable about the auction.

Discussion: GigaOM and MediaPost

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 and The Huffington Post

Eugenia Chien / Poynter:

4 things news sites should know before partnering with a local blog — For the last three years, I've been running the website Muni Diaries, where public transit riders in San Francisco submit stories that happened on the bus. Along the way, we have been approached by several large news organizations for content partnerships.

Chao Deng / CJR:

Memoirs of a Markets Reporter — Readers demand an explanations for why markets go up and down. But sometimes, nobody really knows. — When reading a typical stock-market story, one that says something like, “Futures Gain Ahead of Obama Jobs Plan,” did you ever think to yourself …

Dan Sabbagh / Guardian:

Elisabeth Murdoch's Shine sees profits fall to £4.7m in year before takeover — Profits at Elisabeth Murdoch's production company drop 15% year on year — Elisabeth Murdoch's Shine Television produced pre-tax profits of £4.7m in its last full year of operation as an independent company …

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 »

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 »