Mediagazer: Sarah Fenske to replace Drex Heikes as LA Weekly editor (James Rainey/Los Angeles Times)

10:00 AM ET, October 25, 2011

Top News:

Netflix Streams Revs, But Stock Takes Big Hit — Netflix Streams Revs, But Stock Takes Big Hit 7 hours ago — Even with its admitted marketing blunders, recent Netflix financial results appeared relatively unscathed — but the stock market didn't respond well. ...

Discussion: Forbes, Federal Trade Commission, New York Times, TechCrunch, The Wrap, ZDNet, Future of Journalism and PR Newswire, more at Techmeme »

David Lieberman / Deadline.com:

Is It “Nuclear Winter” For Netflix? Analysts Tell Investors To Bail After 3Q Setbacks — Netflix is in for a brutal morning: The stock is down 35% in pre-market trading from its $118.84 close yesterday as some influential Wall Street tell investors it's time to dump the stock following …

Discussion: Associated Press

Peter Kafka / AllThingsD: Reed Hastings Lays Out the Netflix Comeback Plan

Jay Yarow / Business Insider:
Netflix Shares Tank After Losing Subscribers, And Terrible Guidance

Discussion: GigaOM, Reuters, WebProNews, Adweek, Media Money …, TechCrunch, Home Media Magazine, TechCrunch, paidContent, The Wrap, AllThingsD and AllThingsD, more at Techmeme »

Adam Satariano / Bloomberg:

Apple TV Effort Said to Be Led By ITunes Creator — Apple Inc. (AAPL) is turning to the software engineer who built iTunes to help lead its development of a television set, according to three people with knowledge of the project. — Jeff Robbin, who helped create the iPod in addition …

Discussion: AllThingsD, Forbes, CNET News, Electronista, GeekWire, Daring Fireball, Pocket-lint, App Advice, Guardian, Business Insider, The Next Web, FT Tech Hub, 9to5Mac, parislemon and Marco.org, more at Techmeme »

Philip Elmer-DeWitt / Fortune:
Piper Jaffray: Apple is already building prototype TV sets

Discussion: Softpedia News, ReadWriteWeb, BGR, Forbes, 9to5Mac and The Next Web

John Koblin / WWD:

Huffington Post Launches Parentlode Blog — HUFFING AND PUFFING: The New York Times and The Huffington Post feud isn't going away. — Times lawyers fired off a cease-and-desist letter to Arianna Huffington on Monday, claiming that The Huffington Post's new blog, Parentlode …

Discussion: Poynter, paidContent and The Huffington Post

Huffington Post Canada: Le Huffington Post Québec: French-Language Edition Of HuffPost Coming To Canada

Andrew Pugh / Press Gazette:
Agency says HuffPo story payout sets precedent

Discussion: Forbes, WebProNews and Editors Weblog

Joel Gunter / Journalism.co.uk:

News Corp: James Murdoch suffers confidence blow in vote — News Corp shareholders have dealt a significant blow to James Murdoch and his brother Lachlan at this year's annual general meeting, with around a third of all shareholders voting against both — James Murdoch has been re-elected …

Discussion: Journalism.co.uk, Deadline.com and The Huffington Post

Zachary Sniderman / Mashable!:

Amazon Embraces HTML5 for New Ebooks — Amazon is gearing up to introduce a new, HTML5-based ebook format called Kindle Format 8, the company announced Friday. — KF8 is an improvement over the current Mobi 7 standard, with new features that allow publishers to create richer formats and add more advanced design elements.

Discussion: Engadget

Ryan Kim / GigaOM:
JP Morgan: Kindle Fire expected to sell 5 million in Q4

Discussion: AllThingsD and Betabeat, more at Techmeme »

Heather Struck / Forbes:
Amazon: Stage Is Set For Uphill Revenue Growth

Discussion: PC Magazine

Paul Farhi / Washington Post:

TMZ founder Harvey Levin's unsolicited advice to mainstream media: Adapt or die — America's foremost gossipmonger has a little unsolicited advice for the nation's mainstream media: Your business model is broken. Your future is in jeopardy. Adapt or die.

Robert Andrews / paidContent:

Metro Hails Newsstand For Strong Downloads, High Engagement — UK free commuter newspaper Metro's new iPad Newsstand edition has proved almost as popular within two weeks of launch as its predecessor had been over a whole year. — The app clocked 155,000 downloads in the 11 days between launch …

Media Monkey / The Guardian:

Rupert Murdoch bows to Steve Jobs — Rupert Murdoch is not known as a pushover. But when the fearsome News Corp chairman and chief executive discussed the terms of the Daily launch with Steve Jobs late last year, there was only to be one winner. According to the authorised biography …

Discussion: Guardian, Forbes, Softpedia News and ZDNet

Greg Kumparak / TechCrunch:

CNET In Talks To Acquire gdgt As Early As This Week — Back in 2009, TechCrunch Founder Michael Arrington wrote that CNET (and parent company CBS) were sniffing around gdgt, the then-brand-new community/review site/blog by Peter Rojas and Ryan Block. While CNET was considering an investment at the time …

more at Techmeme »

Alex Weprin / TVNewser:

Larry King Confirms Radio Rumors... Plus a New TV Show? — Talkers magazine speaks to Larry King, where the longtime host of “Larry King Live,” reveals that he is very close to a new LA-based radio show (as long rumored) as well as a new TV program: … continued... New Career Opportunities Daily: The best jobs in media.

Discussion: TALKERS.COM

Tanzina Vega / NYT Media Decoder:

Group Says Newspapers Aren't Dead, They're Alluring — With more people getting their daily dose of news online through blogs and social media sites, traditional newspapers have gotten short shrift. Print is dead or dying, say media experts, and advertising can't keep pace.

Discussion: Garcia Media, ShortFormBlog, Chickaboomer and Newspaper Association …

Dalya Alberge / Guardian:

Phone hacking: book publishing executives targeted — Agent who worked with Linda McCartney and publisher of Katie Price autobiography told they may have been under surveillance — The police investigation into phone hacking by the News of the World has now spread to the publishing world …

James Rainey / Los Angeles Times:

Sarah Fenske to replace Drex Heikes as LA Weekly editor — Village Voice Media brings in someone from its St. Louis alternative paper to run its L.A. counterpart. — LA Weekly Editor Drex Heikes announced Monday that he would step down and the Phoenix-based company that publishes …

Drew Olanoff / The Next Web:

Senior Media Liaison Karen Wickre leaves Google for Twitter — Karen Wickre, the Senior Media Liaison at Google for the last nine years has left Google and joined Twitter. — Wickre held a very senior PR position at Google for a long time, and was the go between for project managers and the media.

Michael Musto / La Daily Musto:

Bloomberg Media To Be Rocked with Discrimination Lawsuit — I've just learned that Bloomberg Media's International Managing Director of Television Brian Martinez—who I knew back in the '90s club days—is filing suit with that company for having been relieved of his duties in July.

Colby Hall / Mediaite:

James O'Keefe's Latest Project Alleges Journalistic Corruption; Targets HuffPost's Sam Stein — James O'Keefe and his Project Veritas appear to have a new institution in their sights with a new hidden camera video project titled “To Catch a Journalist: Part One.”

Discussion: Erik Wemple, Poynter and Big Journalism

Patrick Twohy / San Francisco Business Times:

Bay Citizen news site loses CEO on heels of editor … Lisa Frazier, the founding CEO for the Bay Citizen, a news site created with funding and help from Bay Area money man Warren Hellman, is stepping down, according to a story posted on the Bay Citizen's website on Friday.