Mediagazer: Penguin Group Terminating Its Contract with OverDrive (Michael Kelley/The Digital Shift)

8:50 AM ET, February 10, 2012

Top News:

Google Developing Home Entertainment System — Google Inc. is developing a home-entertainment system that streams music wirelessly throughout the home and would be marketed under the company's own brand, according to people briefed on the company's plans. — The effort marks the Internet company's …

Michael Wolff / Guardian:

The logic of a Thomson Reuters takeover of the Financial Times — It makes sense: the two titans of business information, Thomson Reuters and Bloomberg, competing for a great news brand — Let me follow a rumor in real time ... My lunch companion, a senior executive at Thomson Reuters …

Discussion: @michaelwolffnyc, @edmundlee, @benfenton, @edmundlee, Talking Biz News, New York Magazine, The Atlantic Wire, FishbowlNY, Business Insider, Future of Journalism, Capital New York and ShortFormBlog

Dylan Byers / Politico:
Caution on Thomson Reuters' FT acquisition

Discussion: Future of Journalism

NY Daily News:

Ch. 5 anchor Greg Kelly back on TV after DA clears him of rape allegation — ‘It was a tough couple of weeks,’ he says — Greg Kelly heads to work at ‘Good Day New York’ on Friday. — News anchor Greg Kelly looked into the camera Friday and thanked his family, viewers and “Good Day New York” …

Discussion: Capital New York, City Room and New York Post

Hamilton Nolan / Gawker:
Why Has The New York Post Been So Extremely Nice to Greg Kelly?

Discussion: New York Post

Laura Italiano / New York Post:
Kelly accuser's memory of ‘rape’ but not of sex killed her case: sources

Discussion: Capital New York, NY Daily News and Chickaboomer

Michael Wolff / GQ:

The end of James Murdoch — The unlikely heir apparent to Rupert's empire, the family's black sheep was still embraced by eager execs as ‘the real deal’. But before he could be crowned, the hacking scandal broke, Sky caved in and his powerbase disintegrated.

Ryan Chittum / CJR:
BusinessWeek Goes Inside a Critical Hacking Scandal Meeting

Discussion: Future of Journalism

Greg Farrell / Business Week:
Dinner at Rupert's — What happened on the fateful night …

Discussion: The New York Observer, The Corsair and Press Gazette

Andrew Phelps / Nieman Journalism Lab:

The Wall Street Journal covers Fashion Week fashionably, finding uses for Pinterest and Instagram — The incredible growth of Pinterest — the (invitation-only) social bulletin board dominated by young and female users — hasn't gone unnoticed by news organizations.

Discussion: eMedia Vitals, Poynter, Forbes, Techland, FishbowlNY and ZDNet

Brian Stelter / Media Decoder:

Fox Business Makes Over Its Prime-Time Lineup — Updated | The struggling Fox Business Network canceled its entire prime-time programming lineup in one stroke on Thursday. — In place of the political talk shows that are currently shown from 8 to 11 p.m., Fox Business will replay …

Discussion: The Huffington Post, Inside Cable News, Deadline.com, @theharryshearer, Mediaite, Business Wire and Chickaboomer

New York Post:

Bradley Manning arraignment scheduled for Feb. 23 — WASHINGTON — Bradley Manning, the US soldier accused of leaking confidential US diplomatic and military cables to WikiLeaks, will be arraigned Feb. 23, the military announced Thursday. — Manning has been charged with aiding the enemy …

Discussion: @edpilkington

Dan Sabbagh / Guardian:

Guardian editor takes pay cut — Editor-in-chief Alan Rusbridger reduces annual salary by 10% and asks company to halve its contribution to his pension — The Guardian's editor-in-chief is to take a voluntary pay cut of 10%, and ask the publisher of the newspaper to halve the annual contribution it makes to his pension.

Discussion: The Wire

Erik Wemple:

ESPN's female commentator complaint form survives a decade — Behold one of the great artifacts at the juncture of sports journalism and gender politics. Right there, on the left, is a screenshot of the ESPN.com Web site. Or at least a dark recess of it.

Sam Laird / Mashable!:
ESPN's ‘Complain About Women’ Option Exposed by Twitter User

Discussion: Deadspin, Poynter and The Big Lead

Julie Moos / Poynter:

Raymond Perelman ‘dismayed’ he was ‘excluded’ from bidding on Philly papers — Raymond Perelman, who bid two years ago to purchase the Philadelphia daily newspapers, says he was “excluded” from the sale process currently under way, according to information obtained by the Associated Press, which reports:

Discussion: philebrity.com and JIMROMENESKO.COM

Michael Kelley / The Digital Shift:

Penguin Group Terminating Its Contract with OverDrive — In a stunning development, Penguin Group has extricated itself from its contract with OverDrive, the primary supplier of ebooks to public libraries. — Starting February 10, Penguin, which had recently instituted limitations …

Discussion: paidContent, TeleRead, Melville House Books and Bookseller news

Erik Wemple / Washington Post:

What's ‘homophobic’ in Roland Martin case? Don't ask the press. — These are glorious times for euphemisms. — Yesterday, CNN analyst Roland Martin was suspended for some tweets that he'd sent out on Super Bowl Sunday. Here's how the New York Times described those tweets:

Discussion: Big Journalism, ThinkProgress, The Week and Mediaite

Jeff Roberts / paidContent:

Where Does Arianna Fit Into AOL's New Patch Plans? — AOL (NYSE: AOL) has hired a new Chief Content Officer in its latest attempt to reboot Patch, the network of hundreds of sites that offer “hyper local” coverage. — The appointment of Parenting.com's Rachel Fishman Feddersen comes …

Discussion: Street Fight, JIMROMENESKO.COM and Business Wire

Laura Hazard Owen / paidContent:

Indie Booksellers All Yanking Amazon Titles? Not Exactly — It would be dramatic to say that independent booksellers nationwide are boycotting Amazon (NSDQ: AMZN) Publishing titles en masse—and hey, it could still happen. But a new decision from the American Booksellers Association's IndieCommerce …

Discussion: news.bookweb.org

Paul Sawers / The Next Web:
The anti-Amazon revolt continues as the ABA boycotts its books

Discussion: Publishers Weekly, Guardian and GalleyCat

Jeff Sonderman / Poynter:

Kudos to BBC News for thinking about how Twitter fits into breaking news coverage — Every so often a major news outlet like the AP or BBC News issues new guidelines about how to break news on Twitter, and media blogs erupt with a simultaneous “Of course you should!” — Let's move past the should/shouldn't debate.

Discussion: Future of Journalism and Muck Rack