Mediagazer: Public Television: We're #1! — For the ninth year in a row … (Josh Stearns/Save the News)

1:50 AM ET, March 1, 2012

Top News:

James Murdoch Steps Down as Executive Chairman, News International to Focus on Expanding International TV Businesses — NEW YORK—(BUSINESS WIRE)—News Corporation today announced that, following his relocation to the Company's headquarters in New York, James Murdoch, Deputy Chief Operating Officer …

Steve Myers / Poynter:

James Murdoch resignation revives News Corp. succession parlor game — James Murdoch's resignation as head of News Corp.'s British publishing unit marks the end of his time as Rupert Murdoch's heir apparent and opens the door for further speculation about who will succeed Rupert Murdoch as head of the company.

Discussion: Digital Spy, NetNewsCheck Latest, Media Matters for America, MediaPost, New York Times, Guardian, Media & Entertainment, Mixed Media, Media Week and Globe and Mail

Amy Chozick / Media Decoder: Investor Group Again Urges Sotheby's to Remove James Murdoch From Board

Dominic Rushe / Guardian: News Corp shareholders step up bid to oust James Murdoch

Robert Peston / BBC: Murdochs: Exit James, enter Rupert

Paul Sonne / Wall Street Journal:
James Murdoch Steps Down as Executive Chair of News International

Discussion: Company Town

Stephen Galloway / Hollywood Reporter:

Whatever Happened to Ted Turner? — The “Mouth of the South” is no longer as he devotes his time (and $1 billion) to the U.N., jets between 28 homes and four girlfriends, misses Jane Fonda and opens up to THR about Rupert, Jerry and his abuse as a child. Says a friend: “He's definitely changed.”

Discussion: New York Magazine, Mediaite, Chickaboomer, Washington Post, The Daily Caller and TVNewser

Andrew Beaujon / Poynter:

NYT guild members have ‘quiet’ protest outside Page One meeting — Newspaper Guild members at The New York Times received this notice Tuesday: … Quiet protest, everybody! Sorry: (quiet protest, everybody). You can vigorously rustle your copy of the Observer, or tap out a polite tweet on your phone (keyboard clicks off, please).

Discussion: New York Magazine and The Huffington Post

Seth Godin / paidContent:

Who Decides What Gets Sold In The Bookstore? — We can probably agree that the local supermarket has no moral or ethical or business obligation to sell cherry-flavored Cap'n Crunch. If the owner doesn't like cherries, she doesn't have to sell them. — And the cereal maker shouldn't work under …

Discussion: TUAW, GigaOM, Doc Searls Weblog, ReadWriteWeb, WebProNews, App Advice, TechCrunch, Daring Fireball, The Digital Reader, TeleRead, Joho the Blog, GeekWire and Melville House Books

Edmund Lee / Bloomberg:

News Corp. Executives Weighed Spinoff of Newspaper Publishing, Carey Says — News Corp. (NWSA), facing inquiries by authorities over hacking and bribery at its U.K. newspapers, has discussed spinning off its publishing business, according to Chief Operating Officer Chase Carey.

Discussion: Guardian, paidContent:UK, Business Insider, @dansabbagh, The Huffington Post, Capital New York, Noted and Guardian

Lisa O'Carroll / Guardian:
Brooks ‘had her phone hacked twice a week’

Discussion: Press Gazette, @megan, The Independent and Guardian

Matthew Holehouse / Telegraph:
Leveson Inquiry: phone hacking police identified 418 potential victims in 2006

Discussion: Guardian

Steven Church / Bloomberg:

Tribune Paid Bankruptcy Advisers $233.3 Million Since Filing in 2008 — Tribune Co. (TRB), the biggest news media company in bankruptcy, paid lawyers and other advisers $233.3 million since filing for court protection from creditors in December 2008. — The two main law firms …

Steve Myers / Poynter:

IRS delays make it hard for nonprofit news sites to build their businesses — Anyone with a cursory knowledge of the nonprofit news field knows the big players: VoiceofSanDiego.org, Texas Tribune, MinnPost, ProPublica, et. al. — You probably haven't heard of the Arlington Mercury or the San Diego Newsroom.

Discussion: NetNewsCheck Latest, The Newspaper Guild and J-Lab

Ryan Chittum / CJR:

Bloomberg's Abelson on How Wall Street Is Coping — Bloomberg's Max Abelson has the story of the day, another entry in his list of stories on out-of-touch Wall Streeters. This one's about how rich folks are coping with their reduced circumstances in a season of curtailed bonuses.

Discussion: Bloomberg, Capital New York and Gawker

Greg Sandoval / CNET:

Spotify: Staggering music releases (like movies) won't work — Hollywood studios made billions by strictly controlling distribution. Some music acts think it may be profitable to restrict access in a similar way. — Spotify CEO Daniel Ek during one of the company's press events last fall.

Discussion: TeleRead, Betabeat, hypebot and Fast Company

Janko Roettgers / GigaOM:

With Starz exiting, Netflix loses access to live TV — Netflix customers won't just lose access to movies like Tangled and Toy Story 3 this week due to the end of the company's deal with pay TV network Starz. Subscribers also don't have access to the Starz live feed anymore …

Jim Romenesko:

Vanity Fair profiles Washington Post … Katharine Weymouth … More after the jump — Vanity Fair release — SARAH ELLISON ON THE EMBATTLED WASHINGTON POST — New York, N.Y.—"I wouldn't. I can afford to be sentimental," Warren Buffett tells Vanity Fair when asked if he would ever sell …

Discussion: Erik Wemple and Poynter

Husna Haq / Christian Science Monitor:

E-book readers are buying plenty - but not in bookstores — The new study by Book Industry Study Group says e-book consumers are buying more books - both print and electronic - but they're buying mostly online and via in-app purchasing. — We've known it all along: E-book readers are buying …

Mathew Ingram / GigaOM:

If you think Twitter doesn't break news, you're living in a dream world — One of the signs of how much Twitter and other social tools are disrupting media is the strenuous argument about how they aren't doing this at all — including the repeated assertion that “Twitter doesn't break news.”

Discussion: American Journalism Review