Mediagazer: Facebook and Don Graham Have Been Very Good to Each Other (Jeff Bercovici/Mixed Media)

12:35 PM ET, February 2, 2012

Top News:

Julie Moos / Poynter:

Fourth quarter earnings report shows New York Times Co. sites have 406,000 digital subscribers — Nearly one year after introducing a new digital subscription plan, The New York Times Co. websites have about 406,000 paid subscribers. That's 390,000 for the Times and the International Herald Tribune …

Discussion: mediabistro.com, paidContent, JIMROMENESKO.COM, Nieman Journalism Lab and AllThingsD

Amy Chozick / New York Times:

Quarterly Profit Falls 12.2% at Times Co. — The New York Times Company reported on Thursday that its fourth-quarter profit declined 12.2 percent as rising subscription and digital advertising revenue at its largest newspapers could not offset the continued drop-off in print advertising.

Discussion: @nytprguy, New York Magazine, The Huffington Post and @brianstelter

Joe Pompeo / @joepompeo: Arthur Sulzberger Jr. says New York Times CEO search is “in its early stages.”

Jeff Bercovici / Mixed Media:

Facebook and Don Graham Have Been Very Good to Each Other — Don Graham. Image by Getty Images via @daylife — We already knew that Washington Post Co. chairman Don Graham and Facebook CEO Mark Zuckerberg were very special friends. Now, thanks to the social networking giant's IPO filing, we know just how special.

Discussion: Forbes, Deal Journal and The Not-So Private Parts

Mathew Ingram / GigaOM:
Facebook wants to rewire the way the world works

Discussion: Forbes, rbr.com, Fast Company, Media Decoder, The New Yorker Blog, DealBook, MediaFile, New York Times, CNET, Media News, Bloomberg, memeburn, Future of Journalism and eMedia Vitals, more at Techmeme »

Ryan Chittum / CJR:
The Old-School Value of Facebook

Discussion: Fast Company, Forbes, AllThingsD, Softpedia News, WWD Media Headlines, GigaOM, Top Digital Journal News, Home Media Magazine, AdAge, Media Week, Adweek, Future of Journalism, MediaFile, The Atlantic Online, Gawker and Guardian

Wired.com:
Facebook's $5 Billion IPO: The Next Google? Or The Next Groupon?

Discussion: PC Magazine and Guardian

David Benoit / Deal Journal:
Netflix & Wash Post Bought $8M Combined In Facebook Ads Last Year

Discussion: Poynter

Martin Evans / Telegraph:

Police investigating allegations of email hacking at The Times — The Metropolitan Police are investigating allegations of email hacking at the Times Newspaper, sources have revealed. — It is understood the investigation relates to claims that a former reporter at the Murdoch owned newspaper hacked …

Discussion: New York Times, @tom_watson, Guardian and Daily Mail

Reuters: INSIGHT-Inside Rupert Murdoch's UK newspaper clean-up operation

Lisa O'Carroll / Guardian:
Phone hacking: mobile networks took almost six years to tell customers

Discussion: The Next Web

Guardian:
Times editor faces Leveson inquiry recall over Nightjack email hacking

Discussion: Poynter and Tom Watson MP

The Onion:

‘Huffington Post’ Employee Sucked Into Aggregation Turbine — Horrified Workers Watch As Colleague Torn Apart By Powerful Content-Gathering Engine — NEW YORK—Shocked and saddened witnesses at the Huffington Post's news-aggregation facility have confirmed that employee Henry Evers, 25 …

Discussion: The FJP

Brian Stelter / New York Times:

Tumblr Hires Writers to Cover Itself — The popular social blogging site Tumblr is hiring writers and editors to cover the world of Tumblr. — Chris Mohney, a senior vice president for content at BlackBook Media, will be the site's editor in chief. Jessica Bennett, a senior writer …

Discussion: The Next Web, FishbowlNY, The FJP, the Econsultancy blog, Techland, hypebot, PC Magazine, Fast Company, Marketing Pilgrim, Business Insider and eMedia Vitals

Bill Carter / New York Times:

Networks Resort to Trickery in an Attempt to Lift Ratings — Viewers who tuned into ABC's “Good Morning America” during the last week of 2011 would have found the same mix of news, gossip and soft features at the usual time of the morning. — But as far as Nielsen ratings were concerned …

Discussion: Company Town, TVWeek.com, Media Buyer Planner and Chickaboomer

Drew Olanoff / The Next Web:

Remember that Gawker redesign? A year's worth of data says it worked — On Feburary 7th, 2011, the entire Gawker Media style changed from a typical one you'd see on a blog to a hipper more programmed feel. The design focused on a top story and then listed out others along the side in a static bar.

Discussion: Poynter, more at Techmeme »

Alex Leo / Reuters:

Introducing Reuters Social Pulse — Today we launched Social Pulse, our new social media hub on Reuters.com designed to show you the most talked-about news, companies and influencers across the Web. — The first thing you'll see on the page is the news most popular in Reuters social network.

Discussion: AdAge

Robert Andrews / paidContent:

Axel Springer Takes A Slice Of Airbnb In Exposure Deal — Apartment-letting site Airbnb will get investment, endorsement and distribution from the publisher of Europe's most-read newspaper. — Axel Springer, which publishes Bild and is led by CEO Mathias Döpfner, says it has made a “minor investment” in the site.

Jeanine Poggi / AdAge:

Is Netflix Kids' Streaming Part of Nickelodeon's Ratings Drop? — Netflix Users Streamed 2 Billion Hours in the Fourth Quarter — Netflix is adamant that its streaming service will not cannibalize the cable industry, but Nickelodeon's recent ratings decline may provide the first suggestion …

Discussion: Broadcasting & Cable, Company Town, Multichannel, Bloomberg and Media Decoder

Peter Kafka / AllThingsD:
Viacom Says Netflix Isn't Hurting Nickelodeon Ratings

more at Techmeme »

Rick Edmonds / Poynter:

Are investors choosing Journal Register over Philadelphia's Inquirer, Daily News? — I was as puzzled as the next guy when I learned Sunday that the Philadelphia Media Network, publisher of the city's two dailies, is on the auction block. This comes a mere 17 months since a group …

Dominic Ponsford / Press Gazette:

Mirror redundancies: Journalists call for Sly Bailey to go — Journalists on the Mirror titles and People this afternoon called on chief executive Sly Bailey to resign following the news that 75 journalists are to be made redundant across the titles. — Members of the British Association …

Discussion: Press Gazette

Nils Pratley / Guardian:
Is Trinity Mirror boss Sly Bailey the UK's most overpaid chief executive?

Discussion: Jon Slattery and Financial Times

Dan Reimold / MediaShift:

Romenesko Gets His Mojo Back After Leaving Poynter — Jim Romenesko is having a good time. Lately, the “journalism evangelist,” “KING of the blogosphere,” and “go-to source for news about the news” has been waking up earlier, posting more often, and featuring content he had not felt free to publish for more than a decade.

Discussion: Poynter, Thanks:@beet_tv

Steve Myers / Poynter:

Arianna Huffington says traffic is up, announces HuffPost Streaming Network — A year after AOL bought The Huffington Post for $315 million, Arianna Huffington has released figures showing how the site has performed in the last year. Monthly unique visits were at 36.2 million in December …

Discussion: NetNewsCheck Latest and Mixed Media

Steven Greenhouse / Media Decoder:

Former Intern Sues Hearst Over Unpaid Work and Hopes to Create a Class Action — 5:23 p.m. | Updated A former unpaid intern for the fashion magazine Harper's Bazaar filed a lawsuit on Wednesday, accusing its parent company, the Hearst Corporation, of violating federal and state wage …

Discussion: paidContent, The Atlantic Wire, Wannabe Hacks, Melville House Books, Media Decoder, PR Newswire, @cjr, @cjr, New York Magazine, FishbowlNY and JIMROMENESKO.COM

Steve Myers / Poynter: Former Harper's Bazaar intern suing Hearst may want to rethink career goal

Joe Pompeo / Capital New York:

NYPD: Officer who obstructed ‘Times’ photographer during O.W.S. protest got a reprimand — The New York Police Department reprimanded an officer and a sergeant who obstructed journalists covering an Occupy Wall Street demonstration at the World Financial Center back in December, according to Deputy Commissioner Paul Browne.

Discussion: The Huffington Post

Joe Pompeo / Capital New York:
Times and 12 other news organizations write another letter to the NYPD, calling for answers …

Discussion: Media News, The Atlantic Wire, Gothamist and Future of Journalism

Brian Stelter / Media Decoder:

Wall Street Journal Co-Anchor to Move to CNBC — Kelly Evans, who became a video star at a place not known for that sort of thing, The Wall Street Journal, is moving to the television network CNBC. — Ms. Evans will be an on-air reporter for the network, the CNBC senior vice president Nik Deogun …

Discussion: TVWeek.com, TVNewser, Talking Biz News, Deadline.com, Inside Cable News and Wall Street Journal