Mediagazer: New Yahoo CEO's $27M Pay Package for 2012 = Lotsa Lettuce (Kara Swisher/AllThingsD)

11:00 AM ET, January 7, 2012

Top News:

Kara Swisher / AllThingsD:

Dow Jones Digital Departure: WSJ.com Head to Atlantic Media for New Project — According to sources close to the situation, Dow Jones is losing its top online editor. — Kevin Delaney, managing editor of The Journal Online — or WSJ.com, as it is better known — is taking a job at the Atlantic Media Company, sources said.

Jeff Bercovici / Mixed Media:

Atlantic Media Launching Global Business Site — Atlantic Media's stop-and-start plans to launch a new digital brand centered on business news are once again moving ahead. The company has begun hiring in preparation for a mid-2012 launch. The site doesn't yet have a name, but …

Discussion: Future of Journalism

Philip Bump / Mediaite:

What BuzzFeed's New Politics Team Is Doing Right — Several months ago, Politico reporter Ben Smith lamented that his blog at the site was being trumped by his Twitter feed. Where once people would refresh his blog for updates, now they could simply follow him on Twitter and know what he was going to post before he posted it.

Discussion: Poynter

Mathew Ingram / GigaOM:

NewsRight: A carrot, or a stick to beat aggregators with? — The Associated Press newswire service has just launched a “news registry” and licensing service it calls NewsRight, along with a group of traditional media chains and outlets such as Hearst Newspapers and the New York Times.

Discussion: Beet.TV, Fimoculous.com, Editors Weblog, FishbowlNY and paidContent

Jason Del Rey / AdAge:

Contently Raises $2 Million to Play Matchmaker for Journalists and Brands — Series A Led By Groupon Founders' Investment Firm — Contently, a New York City-based startup that runs an online marketplace for freelance writing and editing work, has closed a $2 million Series A round led by Lightbank.

Discussion: Betabeat and Business Insider

Kara Swisher / AllThingsD:

New Yahoo CEO's $27M Pay Package for 2012 = Lotsa Lettuce — Here's the deal for new Yahoo CEO Scott Thompson, who left a job running eBay's PayPal: — Annual pay: $1 million. — Bonus (if he's very, very good): $2 million. — Bonus (even if he's not): $500,000 — Stock grant: $11 million.

Discussion: Hollywood Reporter, Bloomberg and Business Insider

Steve Kovach / Business Insider:

WARNING: All That Free Spotify Music You've Been Enjoying Is Going To End Soon — Spotify made its big U.S. debut on July 14, 2011. — In one week, we'll be marking the streaming music service's six-month anniversary. — And in one week, all those users who signed up for the free …

Discussion: ZDNet, WebProNews, TechCrunch and Gizmodo, more at Techmeme »

Adam Clark Estes / The Atlantic Wire:

HuffPost Science Is a Platform for Critics of ‘Pseudoscientific Quackery’ on HuffPost — Given her site's controversial history of handling scientific topics, Arianna Huffington's thoughtful and excited-sounding announcement about the new Huffington Post Science section left at least …

Discussion: PSFK, Thanks:adamclarkestes

Chris O'Shea / FishbowlNY:

Ron Burkle, Magic Johnson Acquire BlackBook Media — Ron Burkle and Magic Johnson have teamed up once again, this time to acquire BlackBook Media. Last February the duo purchased Vibe Holdings, a deal that saw Johnson becoming the Chairman of the company.

Discussion: Folio, Media & Entertainment, FishbowlLA, The New York Observer and New York Post

Ben Sisario / Media Decoder:

New Lawsuit Means All Major Labels Are Suing Grooveshark — Grooveshark, a popular digital music service that is being sued for copyright infringement by three of the four major record companies, now has problems with the one big label that it has a licensing deal with.

Discussion: CNET, Company Town, SocialTimes.com, Plagiarism Today, Techland, Rolling Stone, WebProNews, The Verge, Guardian, Gizmodo, The Next Web, hypebot and AllThingsD, more at Techmeme »

Laura Hazard Owen / paidContent:

B&N CEO: 'The Nook Will Continue To Be Barnes & Noble's E-Reader' — In a CNBC interview today, Barnes & Noble (NYSE: BKS) CEO William Lynch told David Faber, “Whatever we do, we will continue to have a tight relationship between the Nook and [our] stores.”

Discussion: CNET and WebProNews, more at Techmeme »

Steve Myers / Poynter:

How Google beat AP with Iowa caucus results (and why it matters) — WNYC's John Keefe decided to use Google's election results for his map tracking the results of Iowa's GOP caucus for three reasons: — Google's data were easier to deal with than the files provided by the Associated Press.

Discussion: ReadWriteWeb, Future of Journalism and Free Press