Mediagazer: That Huge AOL, Yahoo, And Microsoft Ad-Selling Deal Isn't Done Yet (Nicholas Carlson/Business Insider)

1:30 PM ET, October 20, 2011

Top News:

Jeremy W. Peters / New York Times:

Times Company Reports a Profit — The New York Times Company continued to attract paying subscribers to its flagship Web site in the third quarter, bolstering a new revenue stream that has helped offset a decline in advertising revenue. — The company, which reported its earnings …

Discussion: Forbes, Adweek, The Huffington Post, Guardian, New York Magazine, FishbowlNY, On Media's Blog, paidContent, Gannett Blog, Noted and Mashable!

David Kaplan / paidContent:

NYTCo's Robinson: Paywall Hasn't Dented Pageviews—Much — The weak economy and the About Group's declines have eaten away at revenue gains that the New York Times Co. (NYSE: NYT) won with last year's ad recovery. But CEO Janet Robinson said that there hasn't been much negative impact …

Discussion: Media & Entertainment

Keach Hagey / The Politico:

A Washington Post paywall? No time soon — Hurting financially but wary of acting precipitously, the Washington Post has planted a strategic stake in the ground when it comes to paywalls: Let the Wall Street Journal and the New York Times, with their national distributions and elite readerships …

Discussion: mediabistro.com and On Media's Blog

Mark Sweney / Guardian:

‘Leveson inquiry no threat to free press’ - PM — Prime minister tells Newspaper Society annual lunch that inquiry will not be used as revenge for the expenses saga — David Cameron has said that he does not want the newspaper industry to view the Leveson inquiry as a “hideous threat” …

Bloomberg:
Rupert Murdoch's Critics Press for Changes They Can't Force at News Corp.

Discussion: FishbowlNY

Dan Sabbagh / Guardian:
Rebekah Brooks's payout - will News Corp investors be told about it?

Discussion: Birmingham Mail

Dan Sabbagh / Guardian:

Times and Sunday Times cut 150 editorial posts — Casual staff worst hit by News International announcement, and compulsory redundancies not ruled out at the Times — The Times and Sunday Times are to cut at least 150 editorial posts, out of their combined full- and part-time workforce …

Discussion: Journalism.co.uk, @dansabbagh, @dansabbagh and @dansabbagh

Bob Andelman / Poynter:

AFP, AP transmit graphic photos of dead Gadhafi — Graphic images of a reportedly-dead Libyan leader Moammar Gadhafi are being transmitted by the AP, AFP and possibly other wire services. … The AP images come from video screengrabs provided by Al Jazeera and Al Arabiya, says Paul Colford, director of media relations.

Michael Malone / B&C:

‘Occupy’ Needs the Media, and Vice Versa — It's a rainy, windy, and miserable day down in New York, meaning it's not much fun down at Zuccotti Park. When New York had rain last week, WNYW morning anchor John Huddy had a brilliant idea, handing out a bunch of umbrellas branded …

Discussion: Forbes, The New York Observer, The New Yorker Blog, Media News, Gawker, Gothamist, CJR, Future of Journalism, Guardian, Broadcasting & Cable, Media Matters for America, Mediaite, ANIMAL, On Media's Blog and Pew Research Center

Tom McGeveran / Capital New York:
‘n+1’ starts $2,000 Kickstarter campaign to publish an Occupy Wall Street magazine of its own; raises it in an hour

Discussion: The New York Observer

Alex Weprin / TVNewser:

Moammar Gadhafi Killed, Injured or Captured: Broadcast and Cable Nets Scramble to Confirm and Cover — Update: CBS News has a great exclusive: video of Secretary of State Hillary Clinton learning of Gadhafi's alleged death via her Blackberry: — Update: A Libyan transitional government minister …

Discussion: mediabistro.com, FishbowlDC, Broadcasting & Cable, Forbes, Poynter and The Daily

Neda Semnani / Roll Call:

Heard on the Hill: Breaking the Code of Ethics — One major commandment of journalism: If thou art a hack, thou mustn't flack. — So imagine our surprise when we realized the spokeswoman for October 2011, the group occupying Freedom Plaza, is Lisa Simeone, host of the radio program …

Discussion: Associated Press, On Media's Blog, Adweek, Baltimore Sun, The Awl, Poynter, Fox News, Editors Weblog, Free Press, @davidfolkenflik, @davidfolkenflik, DCist, @jayrosen_nyu, @jayrosen_nyu, @davidfolkenflik, The Daily Caller and TwitLonger

Betsy Rothstein / FishbowlDC:

Two Daily Caller Reporters Fired, Managing Editor Quits, Employees Nervous — The last two weeks has put employees at The Daily Caller on edge. Two reporters were fired and the Managing Editor, Joe Kildea, has jumped ship. One reporter is gone because of a bad attitude; the other for being in a beat she wasn't qualified to cover.

Discussion: FishbowlNY

Sean Connolly / Online News Association:

Herman, Keefe, Summers elected to 2012 Online News Association Board — Members of the Online News Association, the world's largest membership organization of digital journalists, elected three new members to its Board of Directors and reelected three incumbents to two-year terms.

Eriq Gardner / Hollywood Reporter:

Does Warner Bros. Really Have Exclusive Movie Rights to a Story Posted on Reddit? (Analysis) — Fledging author James Erwin sold Warner Bros. on movie rights to his short story posted on Reddit. But the user agreement for the news community website could raise some thorny intellectual property questions.

Discussion: TeleRead and SocialTimes.com

Kat Stoeffel / The New York Observer:

Village Voice Lays Off the Best of New York — The Village Voice has laid off Ward Harkavy, a senior editor, and Harry Siegel, a brand-new (but independently legendary) city hall columnist, Gawker reports. — The Voice is on the late end of a wave of layoffs affecting all New Times papers …

Discussion: Gizmodo, Gawker, Village Voice and Runnin' Scared

Robert Andrews / paidContent:

The Economist Mistakenly Gave Away Free Digital Subscriptions — The Economist will next week revoke premium digital subscriptions from some users after realising it had been accidentally servicing them for free. — “Unfortunately, we have been providing you with full digital access in error …

Discussion: Poynter, Talking Biz News and paidContent:UK

Mark Hosenball / Reuters:

Phone hacking victims get access to critical evidence — (REUTERS) - Like all good tabloid tales, the News of the World saga is a scandal that keeps on giving. — British investigators have spent months sharing thousands of pages of seized evidence with hundreds of suspected targets …

Peter Kafka / AllThingsD:

Yahoo's Jerry Yang: “We Want to Be the Premier Digital Media Company” — When Yahoo co-founder Jerry Yang last appeared on the D stage back in 2008, the Internet giant was in tumult. Tapped as successor to former CEO Terry Semel and the man who would finally turn Yahoo's fundamental strengths …

Discussion: AdAge, GigaOM, AllThingsD, CNET News and Business Insider, more at Techmeme »

Nicholas Carlson / Business Insider:

That Huge AOL, Yahoo, And Microsoft Ad-Selling Deal Isn't Done Yet — A month ago, top executives from Microsoft, Yahoo, and AOL held a dinner in New York with ad agency execs and other media buyers to announce an agreement to begin selling remnant, or “class two,” inventory on each other's sites.

Mark Kleinman / Kleinman:

Exclusive: Kingdom Eyes Twitter Stake — The ultra-wealthy Saudi investor who owns stakes in Citigroup and News Corporation is examining a swoop on the internet industry that would involve acquiring hundreds of millions of dollars-worth of shares in Twitter, I have learned.

Discussion: The Wall Blog and The Next Web

Nic Christensen / The Australian:

The Australian to launch paid content on Monday — THE Australian has announced it will launch digital subscriptions on Monday, with a three-month free trial for all readers. — Publisher News Limited said the national broadsheet's strategy was built around a digital content pass …

Discussion: Journalism.co.uk

David Kaplan / paidContent:

Nielsen: Nearly Half Of Americans Are Watching Online Video — One of the reasons online video is the fastest growing ad segment is because nearly half of all Americans are watching some form of streaming, according to Nielsen's Cross-Platform report. But online video is still a long way off …

Discussion: rbr.com, Multichannel and MediaPost

Mark Sweney / Guardian:

Former EMI chief to head new home of BBC magazines — Stephen Alexander appointed chairman of Immediate Media Co, which will publish titles including Top Gear and Radio Times — Stephen Alexander, the former chairman of EMI and Odeon cinemas, has been appointed as chairman of a new company …

Discussion: mnilive.com and Guardian

Jon Slattery / jonslattery.blogspot.com:

BBC staff magazine Ariel to close after 75 years — The BBC is closing the print version of Ariel, its staff magazine, which has been published for 75 years. — It is part of the latest round of cuts which will see the BBC's communications division shed 30 posts.

Discussion: Guardian, BBC Ariel and Press Gazette