Mediagazer: Bay Area News Group Cuts 34 Editorial Jobs (Lance Howland/Walnut Creek Patch)

7:00 PM ET, November 2, 2011

Top News:

Sarah Ellison / Vanity Fair:

Murdoch Clan Met with Family Therapist to Discuss News Corp.'s Future — New York, N.Y.— Vanity Fair contributing editor Sarah Ellison reports that “The [Murdoch] siblings had been in family counseling with a psychologist over the issue of succession” since before last February.

Discussion: The Huffington Post, New York Magazine and Reuters

Ingrid Lunden / paidContent:

News Corp.: Revenues Up But Net Income Down On UK Charges, Failed BSkyB Bid — No news yet on what might be happening with executive succession at News Corp. (NSDQ: NWS) but the company today reported a seven percent growth in revenue for Q1 to nearly $8 billion.

Discussion: Multichannel, rbr.com, Adweek, Company Town and Broadcasting & Cable

Jeff Bercovici / Mixed Media:

News Corp. COO: James Murdoch Has Done a Good Job — James Murdoch. Image by Getty Images via @daylife — News Corp. executives were hoping to use the company's earnings call Wednesday to turn the page on the hacking scandal, but with fresh revelations this week about discord within …

Discussion: The Huffington Post, Future of Journalism and Reuters

Kara Swisher / AllThingsD:

Yahoo's Product Runway: Are You In or Out? — I am here at Yahoo HQ in Sunnyvale, Calif., to check out “Product Runway,” which is the Silicon Valley Internet giant's attempt to show that it can still innovate. — First and foremost is the launch of Livestand, a personalized news reader …

Discussion: Adweek, Forbes, paidContent and ZDNet, more at Techmeme »

Colleen Taylor / GigaOM:

Yahoo's IntoNow comes to the iPad with more social perks — Fully 88 percent of people who own tablets such as the iPad say they use them at the same time that they're watching TV, according to research released last month by Nielsen. Now Yahoo is keen to make the most out of that trend.

Discussion: Lost Remote, VentureBeat, ZDNet and Electronista

Ben Parr / Mashable!:
HANDS ON: Does Yahoo's Livestand Stand Up to Flipboard? [PICS]

Discussion: VentureBeat, Yahoo! Advertising Blog and MacStories, more at Techmeme »

Robert Booth / Guardian:

Julian Assange loses appeal against extradition — High court judges rule the WikiLeaks founder should face accusations of rape in Sweden — The WikiLeaks founder, Julian Assange, has lost his high court appeal against extradition to Sweden to face rape allegations.

Discussion: BBC, World Now, New York Times, PC Magazine, Gawker, Forbes, Journalism.co.uk, Vanity Fair and Future of Journalism, more at Techmeme »

The Guardian:
Julian Assange loses extradition appeal – full judgment

Discussion: Guardian and VentureBeat

Raphael G. Sattter / Associated Press:
As Assange awaits ruling, WikiLeaks faces its fate

Discussion: Gawker

Peter Kafka / AllThingsD:

AOL Beats Estimates, Posts Another Ad Sales Increase. But About Those Domestic Numbers ... Here's a first look at AOL Q3 earnings: Revenue of $532 million and an earnings loss of $0.02 per share. Wall Street estimates for the company tend to be all over the map, but Yahoo Finance thinks …

Discussion: Media Money …, Media & Entertainment, Erik Wemple, Adweek, Reuters, TechCrunch, Digits, AdAge, VentureBeat and Forbes, more at Techmeme »

David Kaplan / paidContent:
AOL's Armstrong: ‘Benefits Are Coming Into View’

Discussion: AllThingsD and Wall Street Journal

David Gelles / Financial Times: AOL chief plays down Yahoo takeover

Ryan Lawler / GigaOM:

Time Warner's Bewkes: Netflix actually helps us — In the past, Time Warner Chairman and CEO Jeff Bewkes might have been critical of Netflix's ability to compete with traditional TV networks. But he has softened his tone lately, talking up the additional value that subscription video-on-demand services …

Discussion: Home Media Magazine and Media Decoder

Associated Press: Harry Potter Helps Time Warner Profit

Jeff Bercovici / Forbes:

The One Question You Should Never Ask Chris Matthews — Chris Matthews reading a passage from his new book about John F. Kennedy — Be it known: Chris Matthews does not use a ghostwriter. The “Hardball” host does all his own writing, and he resents the idea that anyone would ever think otherwise.

Discussion: Poynter, Mediaite, TVNewser and On Media's Blog

Dylan Stableford / Yahoo! News:

Yahoo News hires David Chalian as Washington bureau chief — David Chalian, currently the political editor at “PBS Newshour,” will become the Washington bureau chief of Yahoo News later this month. — The move is part of Yahoo's renewed focus on original content and political coverage of the 2012 presidential election.

Discussion: Adweek and Wall Street Journal

Eric Jackson / TheStreet.com:
Yahoo!: Digging Into So-Called Scoops

Discussion: Poynter and Business Insider

Nancy Messieh / The Next Web: Yahoo and BBC team up to bring more Arabic content to the web

Tim Molloy / The Wrap:

Comcast Earnings Up 5% as Fewer Cancel Cable; NBCU Results Mixed — Comcast Corp. reported a 51 percent increase in revenue and 5 percent increase in profits in its third quarter earnings Wednesday. — The nation's biggest cable company lost 165,000 cable subscribers, down from 275,000 in the same quarter in 2010.

Discussion: MediaPost, GigaOM, Forbes and Company Town, more at Techmeme »

Anthony Crupi / Adweek:
Cable Unit Props Up Ailing NBC

Discussion: rbr.com and AdAge

Edward Wyatt / Media Decoder:

Court Affirms ‘Wardrobe Malfunction’ Ruling — WASHINGTON — Janet Jackson's nipple just can't seem to stay out of court. — A federal appeals court on Wednesday again threw out a $550,000 fine against CBS by the Federal Communications Commission for Janet Jackson's famed “wardrobe malfunction” …

Discussion: Gawker, Media & Entertainment, Adweek, rbr.com, The Wrap, Broadcasting & Cable and Hillicon Valley

Ana Radelat / AdAge:

FCC's New Political Ad Disclosure Plan Has Broadcasters Concerned — Planned Website would List Who's Behind an Ad, How Much They Paid for It — Just as a banner season for political advertising is starting, the Obama administration has thrown broadcasters a curveball …

Discussion: Hillicon Valley, Multichannel, Company Town and The Future of Capitalism

Betsy Rothstein / FishbowlDC:

NYT Nixes Credit for Politico on Cain Story — The waters are getting muddied with the alleged sexual harassment story on Herman Cain. Since Monday, Politico has been getting loads of credit for breaking the news — on TV, online, and in print. The publication's Jonathan Martin …

Discussion: Forbes, Erik Wemple and Editors Weblog

Lucia Moses / Adweek:

Wired' Bringing Advertisers and Its Blogs Closer Together — It may have taken nontraditional publishers like Federated Media to pave the way for “conversational media,” in which advertisers mix more directly with the blogging community. But now premium content brands want to get in on the act.

Discussion: 10,000 Words and Future of Journalism