Mediagazer: Cable Unit Props Up Ailing NBC (Anthony Crupi/Adweek)

11:10 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: Guardian, Media Money …, Multichannel, rbr.com, Company Town, Adweek and Broadcasting & Cable

Jeff Bercovici / Mixed Media:
News Corp. COO: James Murdoch Has Done a Good Job

Discussion: Capital New York, The Huffington Post 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: ZDNet, mocoNews, Adweek and Forbes, 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: VentureBeat, Electronista, MacStories and Lost Remote, more at Techmeme »

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

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

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 and TVNewser

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: Reuters, Adweek, Media & Entertainment, Media Money …, Erik Wemple, AdAge, Digits, VentureBeat, TechCrunch and Forbes

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

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

Discussion: AllThingsD and Wall Street Journal

Anthony Crupi / Adweek:

Cable Unit Props Up Ailing NBC — NBCUniversal's cable networks once again saved the day at 30 Rock, as the stable of popular channels took in $803 million in third-quarter ad sales revenue, up 10 percent versus the year-ago period. — The cable programming group, which includes top-rated USA Network …

Discussion: rbr.com, AdAge and The Wrap

Tim Molloy / The Wrap:
Comcast Earnings Up 5% as Fewer Cancel Cable; NBCU Results Mixed

Discussion: GigaOM, Home Media Magazine, MediaPost, Company Town and Forbes

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, Vanity Fair, Journalism.co.uk and Future of Journalism

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

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

Edward Wyatt / Media Decoder:

Court Rules Against F.C.C. Fine in Janet Jackson Case — WASHINGTON — A federal appeals court on Wednesday again threw out a $550,000 fine against CBS by the Federal Communications Commission for Janet Jackson's “wardrobe malfunction” during the 2004 Super Bowl halftime show.

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

Eric Jackson / TheStreet.com:

Yahoo!: Digging Into So-Called Scoops — Along with the broader market, Yahoo!(YHOO_) has been sacked this week. More on YHOO Law Firm Brower Piven Announces Investigation Of Interclick, Inc. AOL's Spike a Product of Relief Ryan & Maniskas, LLP Announces Investigation Of InterCLICK, Inc. Market Activity Microsoft Corporation|

Discussion: Poynter and Business Insider

Dylan Stableford / Yahoo! News:
Yahoo News hires David Chalian as Washington bureau chief

Discussion: Wall Street Journal and Adweek

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

Jeff Sonderman / Poynter:

Will a name change help the St. Pete Times the way it did the South Florida Sun-Sentinel? — The St. Petersburg Times is trading in the name that bears its storied past for a new one targeting the future, Chairman and CEO Paul Tash said in an interview Tuesday.

Discussion: bizjournals and Garcia Media

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, Company Town and The Future of Capitalism

Laura Hazard Owen / paidContent:

Fewer Buyers Than Expected For Philadelphia Newspaper Tablets — In September, the Philadelphia Media Network—parent company of the Philadelphia Inquirer, Philadelphia Daily News and Philly.com—announced a special offer: The first 5,000 subscribers to its new newspaper apps would have the chance to buy a discounted Android tablet.

Discussion: TabTimes

Dylan Byers / Adweek:

The Observer's Next Target: Chinese Tourists — Since Jared Kushner bought the Observer Media Group in 2006, the business has focused heavily on generating advertorial supplements and ad-heavy verticals—from NYO Magazine, NYO Home, and NYO Tennis to Luxury Rentals, Observer Philanthropy, and The Observer's Hamptons.

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: Erik Wemple, Forbes and Editors Weblog