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News Corp. Considers Dividing Itself in Two — Updated News Corporation is considering dividing itself in two, cleaving its publishing arm from its far larger entertainment division, a person briefed on the matter told DealBook early on Tuesday. If News Corporation follows through …
Discussion:
The Atlantic Online, @jbflint, Deadline.com, Guardian, Bloomberg, FishbowlNY, JIMROMENESKO.COM, Media Decoder, The Huffington Post, Poynter, msnbc.com, Deal Journal Australia, London Evening Standard, @edmundlee, Chickaboomer, Deal Journal, Media Law Prof Blog, Gannett Blog and Vanity Fair
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News Corp statement confirms spin-off plan under consideration — Following numerous reports that News Corp is thinking of spinning off its publishing operations, the company issued a short statement that it is “considering a restructuring to separate its business into two distinct public companies.”
Discussion:
MinOnline, Radio & Television …, VentureBeat, AdAge, Wall Street Journal and New York Magazine

Why a reluctant Murdoch is splitting up News Corp and what it means
Discussion:
@lisaocarroll


Bloomberg TV's ads make false claim to Pulitzer nomination for anchor Liu — NEW YORK — Bloomberg Television has a new ad campaign in the New York City area, touting the journalistic credentials of its morning anchor, Betty Liu. “PULITZER PRIZE-NOMINATED,” the ads shout at commuters on trains in New York, New Jersey and Connecticut.
Discussion:
TVNewser, Inside Cable News, Felix and The Huffington Post


George Hearst Jr. - Hearst Corp. chairman - dies — George R. Hearst Jr., chairman of the board of the Hearst Corp., died Monday at Stanford University Medical Center in Palo Alto of complications following a stroke. Mr. Hearst, who became ill June 16 at his ranch home in Paso Robles (San Luis Obispo County), was 84.
Discussion:
FishbowlNY, LA Observed, MediaPost and mediabistro.com


Patch puts pressure on local editors — My reliable source on Patch matters reports that demands on local editors are growing. “Among other mandates, Local Editors now must have seven posts each day — that's including weekends — and blog posts no longer count toward that total,” he writes.

Wall Street Journal intern fired for making up sources — Liane Membis' internship with The Wall Street Journal is at an end, an editor's note on an article she wrote says: … Membis' article is still available on Talking Biz News. Some of the people Membis claimed to interview in the piece …
Discussion:
Politico


News Corp ‘warned Lib Dems over BSkyB bid’ — News Corporation implied the Sun newspaper's coverage of the Lib Dems “may turn nasty” if Vince Cable did not rule in its favour on the BSkyB bid, a minister has told the Leveson Inquiry. Norman Lamb, Lib Dem junior business minister …


Anthony Shadid's cousin takes a shot at NYT — and journalism in general — Those who were there said the crowd gasped. Ed Shadid, the cousin of late New York Times reporter Anthony Shadid, was speaking at a banquet for the American-Arab Anti-Discrimination Committee on Saturday night in Washington …
Discussion:
Erik Wemple and Poynter


Suspended reporter tweeted: Racism ‘secret sauce in the Politico sh*tburger’ — Joe Williams, the White House correspondent whom Politico suspended last week after he made racially insensitive remarks about Republican presidential candidate Mitt Romney, tweeted about his employer on the evening …
Discussion:
Mediaite

Australian Billionaire Threatens to Dump Fairfax Media Stake — HONG KONG — The Australian mining billionaire Georgina Rinehart has threatened to sell her recently acquired 19 percent stake in Fairfax Media, sending shares in the Australian publisher tumbling on Tuesday.


Content going ‘everywhere’: WSJ extends premium subscriptions to Pulse newsreader — One day after The New York Times announced an “NYT Everywhere” strategy that will extend subscriber content to Flipboard, The Wall Street Journal stepped up its own “Journal Everywhere” …
Discussion:
PRWeb and http://blog.pulse.me/