Mediagazer: In the Daily News newsroom this afternoon, a memo announcing … (Azi Paybarah/Capital New York)

2:30 PM ET, January 5, 2012

Top News:

Dominic Ponsford / Press Gazette:

Editors to face Leveson Inquiry next week — Fleet Street will be in the dock next week as a variety of leading national newspaper journalists, editors and publishers take the stand at the Leveson Inquiry. — On Monday the witness list comprises: Sun royal editor Duncan Larcombe …

Lisa O'Carroll / Guardian:

Leveson inquiry: Dominic Mohan and Kelvin MacKenzie to appear next week — Lord Justice Leveson will focus on former and current editors from the Sun, Telegraph, Mail, Indy, FT and Express — The editor of the Sun, Dominic Mohan, and his best-known predecessor, Kelvin MacKenzie …

Dominic Ponsford / Press Gazette:

Thurlbeck says Leveson should spark ‘tabloid revolution’ — Former chief reporter of the News of the World Neville Thurlbeck has said that the Leveson Inquiry should be “the spark that ignites a tabloid revolution”. — Writing on his own blog, Thurlbeck said today: “Without radical reform …

Neville Thurlbeck:
Notes on Leveson and the Need for Tabloid Revolution

Discussion: Guardian

Pandora Young / FishbowlLA:

Olbermann Skewers Media Coverage of His Clash With Current TV — Keith Olbermann is butting heads with his bosses again, this time at Current TV. The issue at heart is his coverage - or lack thereof - of Tuesday's Republican primaries, and the clash has been widely reported by media outlets …

Discussion: The Daily Caller, FishbowlDC and TVNewser

Matthew Belloni / Hollywood Reporter:

Olbermann Attorney: 'Keith's Lawyers and Current's Lawyers Are Communicating' — The lead attorney for Keith Olbermann tells The Hollywood Reporter that the disgruntled Current newsman is negotiating his next moves with his employer in the wake of a falling out over his participation in coverage of the Republican primaries.

Discussion: Gawker, New York Times, The Wrap, Business Insider, The New York Observer, TVNewser, Mediaite, Inside Cable News, New York Magazine and The Huffington Post

Dylan Stableford / Yahoo! News:
Current says Keith Olbermann refused to anchor Iowa caucus coverage

Discussion: American Journalism Review and Yahoo! News

Jeff Bercovici / Mixed Media:
Keith Olbermann's Days on Current Are Numbered

Discussion: The Atlantic Wire, FishbowlDC, Broadcasting & Cable, Wannabe Hacks, Poynter and The Politico

Dominic Ponsford / Press Gazette:

News Int gears up for launch of iPad focused project — News International is gearing up a new digital project which is believed to be largely aimed at iPad users and is partly staffed by former employees of the News of the World. — At least 11 former News of the World journalists …

Discussion: the Econsultancy blog

Georg Szalai / Hollywood Reporter:

Analyst: Netflix Now the 15th Most-Watched TV ‘Network’ in U.S. — Netflix would now be the 15th most-watched TV “network” in the U.S. and could be the second most-watched in Netflix homes, BTIG analyst Richard Greenfield wrote in a blog post Wednesday. His math is based on news …

Discussion: Free Press, C21Media and Electronista

Lucas Shaw / The Wrap:

New York Times, Washington Post, AP Found NewsRight — Newspaper organizations are banding together under an organization titled NewsRight to license and profit from the spread of their content online. — A project first developed by the Associated Press and initially named the News Licensing Group …

Discussion: Poynter, Adweek, NetNewsCheck Latest, mnilive.com, Nieman Journalism Lab and paidContent

Scott Martin / USA Today:

Apple television gamble the talk of CES — Apple is the only company that consistently gets big buzz out of the International Consumer Electronics Show in Las Vegas — without even attending. — This year will be no different. — Connected TVs — TVs that connect to and can access content …

Discussion: TechCrunch, 9to5Google, Pocket-lint, Electronista, The Verge, Gizmodo, Softpedia News, MacRumors, 9to5Mac, Fox News and Business Insider, more at Techmeme »

Laura Hazard Owen / paidContent:

Barnes & Noble May Spin Off Its Nook Business — Buried in the middle of a holiday sales report, Barnes & Noble (NYSE: BKS) announced that it will “pursue strategic exploratory work to separate the Nook business” from the rest of the company. “We see substantial value in what we've built …

Discussion: Poynter, Forbes, Business Wire, ZDNet, Media & Entertainment, AllThingsD, PC Magazine, Business Insider, the Econsultancy blog, Wall Street Journal, CNET, @pkafka, GeekWire, Fast Company, mediabistro.com and msnbc.com, more at Techmeme »

Jeffrey A. Trachtenberg / Wall Street Journal:
Barnes & Noble to Put Sterling Publishing Up for Sale

Discussion: TechCrunch, VatorNews, Deal Journal, paidContent, Gizmodo, GeekWire, Media Decoder, Electronista and Engadget

Peter Kafka / AllThingsD:

Where Did Nine Million Cable Subscribers Go? — New year, new chance to talk about cord-cutting/shaving/avoiding. Which is either a big deal that's going to get bigger, or basically imaginary, depending on who you like to listen to. — If you're in the big-deal camp …

more at Techmeme »

Robert Andrews / paidContent:

FT Buys Its Web App Maker; CEO Ridding's Memo — The Financial Times has acquired London-based web and application developer Assanka, which made the web app on which the publisher has based its independence from iTunes. — Assanka launched the HTML5 web app with the paper's in-house product team …

Discussion: Noted, Beyond Search, NetNewsCheck Latest, Poynter, TechCrunch Europe and AllThingsD

Dan Sabbagh / Guardian:

Colin Myler: the great survivor — Former News of the World editor is back - as editor-in-chief at Mort Zuckerman's New York Daily News — The man who was editing the News of the World when it was closed by Rupert Murdoch, and whose editorship of the Sunday Mirror ended after his paper collapsed a trial …