Mediagazer: Chicago Tribune cash flow falls short on national advertising weakness (Jim Romenesko/Poynter)

3:30 PM ET, October 21, 2011

Top News:

Craig Silverman / CJR:

The Story of the Gaddafi Story — How news of the Libyan leader's demise spread on Twitter — Earlier this morning news began to spread that something major was happening in Libya. At first it seemed that a convoy, likely belonging to those loyal to former leader Moammar Gaddfi, was under attack in/near Sirte.

Discussion: Guardian, Editors Weblog, Erik Wemple and TVNewser

Julie Moos / Poynter:

Few U.S. front pages feature dead Gadhafi, many international papers show body — Very few front pages of U.S. newspapers featured photos of a dead Moammar Gadhafi Friday morning, choosing instead to show rebels and citizens celebrating or archival images of the Libyan leader.

Discussion: Poynter, Techdirt and Charles Apple

Marisa Guthrie / Hollywood Reporter:
News Organizations Defend Airing Gruesome Gadhafi Death Video

Discussion: TVNewser and Mediaite

Mary Hockaday / BBC:
The challenges of reporting Gaddafi's death

Discussion: Guardian, Press Gazette and Poynter

Matt Wells / Guardian:

News Corporation annual shareholder meeting - live — Rupert Murdoch is facing a revolt at News Corporation's annual meeting over its handling of the phone hacking scandal. Follow developments live — 11.38am ET / 4.38pm BST: My colleague Dominic Rushe, who is in Los Angeles for the meeting …

Rob Golum / Bloomberg:

Murdoch Spars With Shareholders Ahead of Tally — Oct. 21 (Bloomberg) —Rupert Murdoch, chairman and chief executive officer of News Corp. (NWSA), sparred with shareholders at the annual meeting today, ahead of a vote on board nominees. — “I hate to call you a liar but I don't believe you …

Erik Larson / Bloomberg:
News Corp. to Pay $4.78M Phone-Hack Settlement

Discussion: AdAge, Associated Press, Media Decoder, Dow Jones Newswires, Guardian, Associated Press and Guardian

Jeff Sonderman / Poynter:

HuffPost Politics most-visited site for political news, outdraws CNN Politics, Politico — New audience data from comScore says Americans' appetite for political news is heating up, and HuffPost Politics led all politics-focused news sites in September with nearly 10 million visitors.

Discussion: Press Gazette

Jim Romenesko / Poynter:

Chicago Tribune cash flow falls short on national advertising weakness — The Chicago Tribune's operating cash flow is running 24 percent below its business plan for the first nine months of the year and revenue is 3 percent below budget, “largely driven by the national advertising category …

Discussion: Chicago Business and NetNewsCheck Latest

Alex Weprin / TVNewser:

Political Analyst Alex Wagner to Host New NoonET Show on MSNBC — MSNBC political analyst Alex Wagner is getting her own show, TVNewser has learned. — At some point in the next few months, the channel will debut a new NoonET program hosted by Wagner, who was most recently with the Huffington Post …

Discussion: On Media's Blog, Mediaite, GalleyCat, The Huffington Post and Inside Cable News

Alex Weprin / TVNewser:

27 Fox Cable Channels May Be Pulled From DirecTV in Carriage Dispute — 27 of News Corp.'s Fox cable channels may be pulled from DirecTV November 1, unless the two sides can come to a new carriage agreement. The channels include FX, National Geographic Channel, Speed, Fuel TV, Fox Soccer …

Discussion: Media Decoder, rbr.com, Company Town, MediaPost, Adweek and FishbowlLA

Mark Sweney / Guardian:

Meredith buys stake in London 2012 agency Iris — US media group's backing will help UK-based advertising business further expand its international operations — US media group Meredith Corporation has acquired a strategic stake stake in Iris - the UK agency that created London 2012 Olympic mascots Wenlock …

Discussion: paidContent, rbr.com and Folio

Hamilton Nolan / Gawker:

Nationwide Layoffs Hit Village Voice Media — In your tragic Thursday media column: more info on the companywide layoffs at Village Voice Media, the NYT Co. makes money, a Washington Post heiress has a bright idea, The Economist screws up, and newspaper layoffs are back.

RBR:

World Cup moving to Fox Sports and Telemundo — Fox Sports and NBCUniversal's Telemundo shocked the soccer world Friday (10/21) by outbidding ESPN and Univision for the US broadcast rights to the 2018 and 2022 FIFA World Cup soccer tournament. Bid details were not immediately known …

Discussion: Multichannel, SportsBusiness Daily, Adweek, Broadcasting & Cable and Company Town

Keith J. Kelly / New York Post:

Forbes hires outsider COO — Quietly and with little fanfare, Forbes Media has picked up a new chief operating officer, Mike Federle, a former publisher and president of rival Fortune. — The COO title was last held by Timothy Forbes, one of the four brothers in the third generation …

Discussion: FishbowlNY