Mediagazer: Fed Lashes Out at ‘Errors’ in Reporting (Binyamin Appelbaum/Economix)

11:20 AM ET, December 7, 2011

Top News:

Exclusive: Verizon to take on Netflix with Web service — (Reuters) - Verizon Communications Inc plans to launch a standalone service allowing customers to stream movies and television shows over the Web, in a fresh challenge to Netflix Inc and the traditional cable TV business, according to several people briefed on the plan.

Peter Kafka / AllThingsD:

Verizon Won't Talk About Its Talks to Build a Netflix-Style Service. But It Is Definitely Talking — Those stories about Verizon launching its own Netflix-style video service? Ignore them, says Verizon CEO Lowell McAdam. Those are “all just speculation by people who like to write blogs.”

Discussion: Digits, Wall Street Journal and GigaOM, more at Techmeme »

Steve Myers / Poynter:

No live tweeting or blogging from Jerry Sandusky preliminary hearing — A Pennsylvania judge has set out the rules for covering Jerry Sandusky's preliminary hearing next week. Half of the 200 or so seats in the courtroom will be reserved for media, plus another 100 in a satellite courtroom with closed-circuit video.

Discussion: PennLive.com

Buzz Bissinger / The Daily Beast:
How Jerry Sandusky Played The New York Times in His Interview

Discussion: Forbes, Erik Wemple, Eagle News Online, Slate and newsfeed.time.com

Joel Gunter / Journalism.co.uk:

Phone hacking: Glenn Mulcaire arrested, reports suggest — Arrest is 18th by the Metropolitan police's phone hacking investigation Operation Weeting — The Metropolitan police arrested the man at an address in London at 7am today — Copyright: Alberto OG on Flickr. Some rights reserved

Discussion: Daily Mail and Guardian

Sky News: Sky Sources: Glenn Mulcaire Held Over Hacking

Bloomberg:

Bloomberg News Responds to Bernanke Criticism — Federal Reserve Chairman Ben S. Bernanke said in a letter to four senior lawmakers today that recent news articles about the central bank's emergency lending programs contained “egregious errors.” — While Bernanke's letter …

Discussion: Reuters, The New York Observer and News on News

Binyamin Appelbaum / Economix:
Fed Lashes Out at ‘Errors’ in Reporting

Discussion: FT Alphaville and Forbes

Curtis Cartier / The Daily Weekly:

Crystal Cox, Oregon Blogger, Isn't a Journalist, Concludes U.S. Court—Imposes $2.5 Million Judgement on Her — A U.S. District Court judge in Portland has drawn a line in the sand between “journalist” and “blogger.” And for Crystal Cox, a woman on the latter end of that comparison, the distinction has cost her $2.5 million.

Discussion: Guardian, Free Press, the Econsultancy blog, Kevin Padrick …, WebProNews, Street Fight, Future of Journalism, SEO Book.com, ShortFormBlog, Betabeat, @jayrosen_nyu, @cshirky, @digiphile and @jayrosen_nyu

Curtis Cartier / Seattle Weekly:
Unlike Oregon, Bloggers Are Journalists in Washington State, Do Qualify for Legal Protections

Discussion: Kevin Padrick …, The Daily Weekly and Future of Journalism

Sean Ludwig / VentureBeat:

Flipboard launches sleek iPhone app with new ‘Cover Stories’ section — Popular iPad news reading application Flipboard has made the move to the iPhone and while it retains its smart and simple design, it also has added a new Cover Stories section to boot. — Flipboard's application …

Discussion: GigaOM, Softpedia News, Adweek, ReadWriteWeb, Inside Flipboard, AllThingsD, CNET News, GigaOM, Mashable!, NetNewsCheck Latest, Forbes, Bits, USA Today and mocoNews, more at Techmeme »

David Sarno / L.A. Times Tech Blog:
Flipboard CEO's new media mission: ‘crawl the social networks’

Discussion: The Verge, Inside Flipboard and MacStories, more at Techmeme »

Know Your Mobile:

Exclusive: Amazon Kindle Fire coming to UK in January — Know Your Mobile has been told Amazon's Android-powered Kindle Fire tablet will be getting a UK release date in January — Amazon will be bringing the Kindle Fire to the UK, a source close to the launch has informed us.

Discussion: eBookNewser, Pocket-lint and paidContent, more at Techmeme »

Jeff Roberts / paidContent:

Netflix CEO Compares Company To Bank Of America And Oakland A's — Ouch. Reed Hastings addressed a room of investors and media experts today in a bid to reignite confidence in his company. After his curious speech, it's unlikely many of them will be jumping back on the Netflix (NSDQ: NFLX) bandwagon anytime soon.

Brian Stelter / Media Decoder:
Netflix's Chief Sees HBO as Its Main Rival

Discussion: Hollywood Reporter, CNET News, paidContent, Deadline.com and Company Town

Telegraph:

Andy Coulson sues News Group over refusal to pay phone hacking legal fees — Andy Coulson, the former News of the World editor, took his ex-employer News Group Newspapers to the High Court today over its refusal to reimburse his legal fees arising from the phone-hacking affair.

Oliver Duff / The Independent: Rebekah? ‘We helped choose her police station’

Alex Weprin / TVNewser:

T.J. Holmes Leaving CNN — CNN weekend anchor T.J. Holmes is leaving the cable channel at the end of the year, TVNewser has confirmed. Richard Prince first reported the move in his daily media column. — Holmes began his career as a producer for KSNF in Joplin, Missouri …

Discussion: TVWeek.com, Mediaite, The Huffington Post, All Things CNN and The Maynard Institute

Mallary Jean Tenore / Poynter:

The aggregator's dilemma: How do you fairly serve your readers & the sources you rely on? — When you aggregate content, what obligation do you have to the original source — and to readers? — I asked myself this question after seeing how people reacted to the events surrounding Jim Romenesko's departure …

Discussion: eMedia Vitals and AllThingsD

Patrick Meighan / My Occupy LA Arrest,:

My Occupy LA Arrest, by Patrick Meighan — My name is Patrick Meighan, and I'm a husband, a father, a writer on the Fox animated sitcom “Family Guy”, and a member of the Unitarian Universalist Community Church of Santa Monica. I was arrested at about 1 a.m. Wednesday morning with 291 …

Paul Roderick Gregory / Forbes:

A Blogger Could Start Russia's Arab Spring — The new face of the Russian opposition is a young whistle-blowing, shareholder activist, muckraking blogger by the name of Alexei Navalny. At 2:15 p.m. on Monday, he called his huge internet following to a 7 p.m. demonstration at the Chistye Prudy park …

Discussion: Media News and Future of Journalism

David Brauer / MinnPost:

Boogaard's brain: How the New York Times got that story — Minnesota Wild forward Derek Boogaard, right, punching Calgary Flames forward Brian McGrattan in their fight during a December 2009 game. — John Branch isn't completely sure, but he thinks “Punched Out: The Life and Death of a Hockey Enforcer” …

Discussion: CBS Boston and Poynter

David Roeder / Chicago Sun Times:

Sun-Times Media online sites to begin metered pay plan — The Chicago Sun-Times and its sister publications in the suburbs will start charging for online access, joining the ranks of newspapers looking for new online revenue sources. — Access to web sites controlled by Sun-Times Media LLC …

Discussion: Time Out Chicago, The Huffington Post, eMedia Vitals, paidContent, Associated Press, Change of Subject and JIMROMENESKO.COM

Laura Hazard Owen / paidContent:

Kids On Kindle: Amazon Starts Publishing Children's Books — With the release of its color-screened, picture-book-friendly Kindle Fire, Amazon (NSDQ: AMZN) is expanding into publishing books for a new audience: Kids. To start, the company's publishing division is acquiring …

Discussion: MarketWatch, Media Decoder, VatorNews, The New York Observer, ZDNet and GalleyCat