Top News:
Gideon Spanier / London Evening Standard:
James Murdoch quits the boards of Sun and Times — James Murdoch has dramatically resigned as a director of the companies that publish The Times, The Sunday Times and The Sun. — The surprise move, which has seen Rupert Murdoch's son quit a string of directorships at News International …
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Guardian:
Sheryl Gascoigne gives evidence - live — Live coverage as Madeleine McCann's parents join Paul Gascoigne's ex-wife in giving evidence on phone hacking — 1.02pm: Evening Standard says James Murdoch has resigned from NI broad of directors — 12.58pm: He wrote drafts of pieces and would sent the draft to people for their comments.
The Irish Independent:
Phone hacking was much more widespread than just NOTW - victims'lawyer — A LAWYER for phone-hacking victims claimed today that the illegal interception of voicemails was “much more widespread” than just the News of the World. — Mark Lewis told the Leveson Inquiry into press standards …
Discussion:
Press Association and Independent.ie
Rachel McAthy / Journalism.co.uk:
Daily Mail publisher records operating profit drop of £13m — Results for the past year report that Associated Newspapers' operating profit fell from £89 million in 2010 to £76 million in 2011 — Operating profit for Associated Newspapers fell by £13 million in the past year …
Discussion:
Journalism.co.uk
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Robert Andrews / paidContent:
Mail Online Won't Be Profitable Until 2013, As U.S. Investment Drags — Associated Newspapers' digital operations, comprising Mail Online, lost £900,000 ($1407127.19) in the year to October, after the publisher invested in building a U.S. team.
Joel Gunter / Journalism.co.uk:
Leveson calls for Mail on Sunday journalists to give evidence
Leveson calls for Mail on Sunday journalists to give evidence
Discussion:
Guardian, Media Week, Crikey, Digital Spy, Journalism.co.uk, Press Gazette and Future of Journalism
Erika Fry / CJR:
Zuccotti Park's Airspace Was Never Closed — Did the New York's police close airspace to prevent news helicopters from getting footage of police action against Occupy Wall Street protesters? — That is certainly the story—it has been widely reported by outlets including The New York Times …
Discussion:
Runnin' Scared, Future of Journalism and Gothamist
Robert Andrews / paidContent:
Lovefilm Gets Its Defence In Early: Buys Netflix's Ad Slots — Amazon's Lovefilm has bought up adverts under its rival's business name, as Netflix (NSDQ: NFLX) prepares to launch on Lovefilm's home turf early next year. — Lovefilm has bought search keyword ads against searches for the keyword …
Gary Sinderson / TVNewsCheck:
Why The Penn State Scandal Stayed Secret — WJAC Johnstown, Pa., reporter Gary Sinderson says the university's culture of protecting its reputation and limited time prevented him from investigating the “whispers” about former coach Jerry Sandusky. Corporate downsizing has eliminated a lot of enterprise reporting.
Discussion:
Terry Heaton's PoMo Blog and TVSpy
Dylan Welch / Sydney Morning Herald:
Investigation of political favours against News Ltd — FEDERAL police are investigating allegations that News Ltd offered a then-serving federal senator a “special relationship” involving favourable coverage if he crossed the floor on a vote of financial interest to the company.
Michael Oneal / Chicago Tribune:
Tribune Co. to pay former CEO Randy Michaels $675K in settlement — Tribune Co. agreed to pay former chief executive Randy Michaels $675,000 in a settlement stemming from his abrupt resignation from the company on Oct. 22, 2010. — The company will also cover $50,000 in Michaels' legal fees …
Discussion:
Media Decoder
Thomasi McDonald / Raleigh News & Observer:
Durham newspaper carrier exchanged gunfire with carjacker — A carjacking suspect exchanged gunfire with a news carrier this morning in Durham, police reported. — No one was injured and police are searching for the suspect who fled in the news carrier's pickup truck, Kammie Michael, a Durham police spokeswoman reported.
Discussion:
Poynter
John Letzing / Wall Street Journal:
Pandora Sales Nearly Double, But Outlook Is Cautious — SAN FRANCISCO—Pandora Media Inc. Tuesday posted significant sales and user growth in its second earnings report since going public in June, though the Internet radio firm tempered investors' appetites with a cautious view of the current period.
Discussion:
Pandora, Social Markets, VentureBeat, Business Insider and AllThingsD
Rachel King / Between the Lines Blog:
TiVo achieves first increase in total subscriptions in four years — Summary: TiVo manages to beat Q3 Wall Street estimates as it sees a surge in new subscription rates. — TiVo seems to have finally found its groove again as the company saw its first increase in total subscriptions in four years.
Discussion:
GigaOM, Market Wire and Multichannel
Reuters:
Netflix shares hurt by bleak 2012 outlook — (Reuters) - Netflix Inc's shares dropped as much as 7 percent on Tuesday after it warned of a loss for 2012, a move the prompted several Wall Street analysts to cut their price targets for the online video and DVD rental company.
Discussion:
MediaFile
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Peter Kafka / AllThingsD:
Why the Netflix Buyback Strategy Worked Like Magic — Until It Totally Failed
Why the Netflix Buyback Strategy Worked Like Magic — Until It Totally Failed
Discussion:
Adweek, Forbes, Wall Street Journal, Digital Spy, rbr.com and paidContent:UK
Larry Dignan / ZDNet:
Netflix eases liquidity worries, raises more questions
Brian Stelter / New York Times:
News Organizations Complain About Treatment During Protests — A cross-section of 13 news organizations in New York City lodged complaints on Monday about the New York Police Department's treatment of journalists covering the Occupy Wall Street movement. Separately, 10 press clubs …
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Steve Myers / Poynter:
Will you get disciplined at the Post for using too many pop culture references in stories? — Guild co-chair Fredrick Kunkle says that's one of the “highly subjective and weaselly criticisms” that supervisors are citing in what he says is a campaign to push out some longtime employees …
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Ryan Kearney / TBD:
Associated Press' Christopher Walken story proves why their Twitter policy is foolish — Last Wednesday, Daily Intel revealed that a leaked internal “e-mail sent from on high” at the Associated Press scolded reporters for violating the wire service's Twitter policy.
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