Mediagazer: Netflix stock sinks 36% as subscribers flee (CNNMoney.com)

4:25 AM ET, October 26, 2011

Top News:

How People Use Tablets and What it Means for the Future of News — Eighteen months after the introduction of the iPad, 11% of U.S. adults now own a tablet computer of some kind. About half (53%) get news on their tablet every day, and they read long articles as well as get headlines.

Discussion: Guardian, Folio, CNET News, Poynter, Mashable!, VentureBeat, Search Engine Land, mocoNews, Medacity, ReadWriteWeb, Trends in the Living Networks, Marketing Pilgrim, Gannett Blog and CyberJournalist.net, 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: Business Week, Reflections of a Newsosaur, NetNewsCheck Latest, FT Tech Hub, Editors Weblog, Multichannel, Future of Journalism, Broadcasting & Cable, Hillicon Valley, TeleRead and Poynter

Frederic Lardinois / SiliconFilter:
Study: Tablet Users Love to Read the News, Still Reluctant to Pay for It

Discussion: Adweek, more at Techmeme »

CNNMoney.com:

Netflix stock sinks 36% as subscribers flee — NEW YORK (CNNMoney) — Netflix shares plunged 36% in early trading Tuesday after the video rental company said it lost 800,000 subscribers in the third quarter. — Netflix ( NFLX) earned $62 million, or $1.16 a share, on a record $822 million …

Discussion: Reuters, Wall Street Journal, Fortune, The Atlantic Online and Felix Salmon

Robert Andrews / paidContent: Netflix Puts Global Expansion On Hold As Costs Drag It Down

David Lieberman / Deadline.com:
Is It “Nuclear Winter” For Netflix? Analysts Tell Investors To Bail After 3Q Setbacks

Discussion: Ars Technica, Techland, TechCrunch, Associated Press and MediaPost

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

Discussion: Fortune, The Week, CNET News, FT Alphaville, Los Angeles Times, Forbes and Between the Lines Blog, more at Techmeme »

Leena Rao / TechCrunch:

Amazon Misses, Q3 Sales Up 44 Percent To $10.9B; Net Income Down 73 Percent To $63M — Amazon reported third quarter earnings today. Net income decreased 73% to $63 million in the third quarter, or $0.14 per diluted share, compared with net income of $231 million, or $0.51 per diluted share, in third quarter 2010.

Discussion: Business Wire, Bloomberg, MarketBeat, mocoNews, Business Insider, Business Insider, paidContent, VentureBeat, Home Media Magazine, parislemon, Adweek, Forbes, Reuters, Engadget, eBookNewser, CNNMoney.com and GalleyCat, more at Techmeme »

Dan Rayburn / StreamingMediaBlog.com:
Amazon's Kindle Fire Will Become To The Video Industry What The iPod Was To The Music Industry

Discussion: Business Insider, more at Techmeme »

Zachary Sniderman / Mashable!:
Amazon Embraces HTML5 for New Ebooks

Discussion: eMedia Vitals

Josh Halliday / Guardian:

Google asked to remove 135 YouTube videos for ‘UK national security issues’ — US technology giant reports 71% rise in content removal requests from UK government or police — British police authorities ordered the removal of 135 videos from YouTube in the first half of this year …

Discussion: Digits, VentureBeat, Search Engine Land, L.A. Times Tech Blog, SiliconFilter, The Next Web and Future of Journalism, more at Techmeme »

Roy Greenslade / Guardian:

Yemen editor: it's hell here, but we need coverage by international media — What is it like trying to report on the bloody conflict within Yemen? To be honest, says Hakim Almasmari, editor of the English-language Yemen Post , “it's hell.” — He was speaking to the International Press …

Discussion: Reuters and freemedia.at

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: The Atlantic Wire, MediaPost, Poynter, Adweek, Betabeat, Medacity, Business Insider, paidContent, New York Magazine and Gawker

Steve Myers / Poynter:

Digital First Media names leadership team — Digital First Media, the new company that runs MediaNews and Journal Register Co. properties, has named its leadership team. Jeff Bairstow, who was Journal Register's chief financial officer, will run daily operations for all news outlets as president of Digital First Media.

Joe Pompeo / Capital New York:

Major media outlets say they won't pull out of Baghdad when Obama does — U.S. Army. — Despite Barack Obama's announcement last Friday that the remaining 39,000 U.S. soldiers still in Iraq would be pulled out by year's end, major American media outlets that have been covering …

Discussion: Mediaite and New York Times

Jon Russell / The Next Web:

Now you can vote on X Factor USA through Twitter — Fans of X Factor USA will soon be able to cast votes for the show through Twitter, after the company revealed details of its partnership with the hit TV show on its blog. — The new voting system, which is the first of its kind …

Discussion: New York Times, Twitter Blog, Deadline.com and Future of Journalism, more at Techmeme »

Chris O'Shea / FishbowlNY:

The Daily Adds Two — The Daily has added two staffers to its Arts & Life section. Rich Juzwiak has joined as a Culture Reporter. Juzwiak was most recently working as a freelance writer, and is the man behind the popular FourFour blog. — David Walters, most recently with Details, will be The Daily's new Deputy Features Editor.

Joe Coscarelli / New York Magazine:

Occupy Wall Street: The Book — Progressive publishing house OR Books will release a 200-page first draft of history entitled Occupying Wall Street: The Inside Story of an Action That Changed America as soon as December 17, using volunteers from the movement's Education and Empowerment Committee …

Discussion: Runnin' Scared, NY Daily News, Fast Company and www.wnyc.org

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