Mediagazer: Facebook Co-Founder Aims to Bring Venture Capital Model to Media (Sarah Frier/Bloomberg)

12:15 PM ET, October 25, 2011

Top News:

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 …

Steve Zeitchik / LA Times:

Will Aaron Sorkin take on Steve Jobs? — EXCLUSIVE: Steve Jobs was front and center again Sunday night when “60 Minutes” aired its much-anticipated interview with his biographer, Walter Isaacson. It proably won't be the last time the Apple co-founder will dominate our screens.

Discussion: /Film, The Next Web, NME News and www.wnyc.org, more at Techmeme »

Media Monkey / The Guardian:
Rupert Murdoch bows to Steve Jobs

Discussion: The Wrap, Poynter, Softpedia News, Guardian, Forbes, ZDNet, VentureBeat and CBS News

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, New York Magazine, Gawker, paidContent, The Wrap, On Media's Blog, Business Insider and The Huffington Post

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

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 …

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 analysts tell investors it's time to dump the stock following …

Discussion: TechCrunch and Associated Press, more at Techmeme »

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

Discussion: Felix Salmon and FT Alphaville, more at Techmeme »

MediaPost:
Netflix Streams Revs, But Stock Takes Big Hit

Discussion: Forbes, Federal Trade Commission, New York Times, TechCrunch, ZDNet, Future of Journalism and PR Newswire

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

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

Matt Rosoff / Business Insider:

No, CNET Is NOT In Talks To Buy gdgt — Several sources close to CBS Interactive tell us that CNET is not in talks to buy gadget news site gdgt, shooting down a report that a buy is imminent. — One source said that CNET hadn't even approached gdgt for a round of talks.

Greg Kumparak / TechCrunch:
CNET In Talks To Acquire gdgt As Early As This Week

more at Techmeme »

Rachel McAthy / Journalism.co.uk:

News among most popular tablet uses, US report finds — Study by Pew Research Center's Project for Excellence in Journalism, in collaboration with the Economist Group, also found more users prefer to view news via browsers rather than apps — US tablet survey found that browsers are more popular than apps for consuming news

Discussion: Broadcasting & Cable, Reflections of a Newsosaur, Adweek, Hillicon Valley, Editors Weblog, Journalism.co.uk and Poynter, 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

Sarah Frier / Bloomberg:

Facebook Co-Founder Aims to Bring Venture Capital Model to Media — The Knight Foundation, a sponsor of journalism-innovation projects, named Facebook co-founder Chris Hughes and digital experts from Harvard and MIT to its board, where they'll take a venture-capital-like approach to media.

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.

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.

Discussion: FishbowlNY and Talking Biz News

Joe Garofoli / San Francisco Chronicle:

Obama freezes local reporters out of S.F. event — President Obama is scheduled to appear before hundreds of donors at a $7,500-a-plate noontime fundraiser today at San Francisco's W Hotel - but not a single local reporter will be allowed inside to cover his only stop in the area, the White House said Monday.

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