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4:00 PM ET, June 26, 2012

Mediagazer

 Top News: 
Jeff John Roberts / paidContent:
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.”
RELATED:
Amy Chozick / Media Decoder:
Anxious News Corp. Editors Arrive in New York to Discuss Corporate Split  —  As News Corporation confirmed that it was considering splitting off its publishing assets into a separate, publicly traded company, top editors and publishers at many of the company's newspapers arrived in New York …
Discussion: paidContent
Roy Greenslade / Guardian:
Why a reluctant Murdoch is splitting up News Corp and what it means  —  Separating publishing from television will please shareholders and worry print staff and media plurality advocates  —  The News Corp split could have two far-reaching outcomes.  First, it might allow the entertainment entity …
Discussion: @lisaocarroll and DealBook
Bloomberg:   News Corp. Is Said To Work With Goldman Sachs On Breakup Plans
Bill Dedman / MSNBC:
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.
Carl Nolte / San Francisco Chronicle:
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.
Dylan Byers / Politico:
WSJ intern dropped for fabricating names  —  Yesterday, a Hearst reporter was fired for quoting non-existent sources.  Today, it's a Wall Street Journal intern.  —  A Journal story about New York's 103rd Street Pedestrian Bridge has been removed from the WSJ website.  In it's place:
Discussion: New York Magazine
Jim Romenesko:
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.
Jeff Sonderman / Poynter:
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” …
Jeff Sonderman / Poynter:
Gannett says paywalls are generating strong revenue, despite circulation declines  —  Gannett says its digital subscription plan, paired with metered paywalls, is now active in 38 of the company's 80 community newspaper markets.  Gannett executives provided updates in a presentation last week …
Discussion: Gannett Blog
BBC:
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 …
David Martosko / The Daily Caller:
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
 
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 Sponsor Posts: 
AdExchanger:
Rubicon Accelerates Revenue Growth in Q3  —  Rubicon Project's stock rose over 20% in after hours trading following the announcement that the company posted a record quarter.  That's good news for a supply side platform …
Search Marketing Expo News:
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Say Media / Say Daily:
The Top 14 Video Services for Publishers and Brands  —  Words are cheap; and if you're a millennial, they are also very, very boring.  What youngsters want these days is video.  Lots and lots of video.
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 More News: 
Joe Pompeo / Capital New York:
‘Times’ will end partnerships with N.Y.U., CUNY on hyperlocal blogs
Matt Pearce / Los Angeles Times:
Anthony Shadid's cousin takes a shot at NYT — and journalism in general
Discussion: Erik Wemple and Poynter
Neil Gough / DealBook:
Australian Billionaire Threatens to Dump Fairfax Media Stake
Steve Outing:
10, 15 free web articles a month: Is this a mistake? (Yes!)
Sarah Marshall / Journalism.co.uk:
Auto de Fe launches first on iPad, web second, print third
 Earlier Picks: 
Jordan Weissmann / The Atlantic:
Why Porn and Journalism Have the Same Big Problem
Discussion: JIMROMENESKO.COM and bookforum.com
Kimber Streams / The Verge:
AFP's e-diplomacy tool maps tweets between world leaders
 

 
From Techmeme:

Microsoft:
Microsoft Cloud Strength and Hardware Progress Drive Record First-Quarter Revenue

Josh Constine / TechCrunch:
Facebook Launches Pseudonymous App “Rooms” That Lets You Create Forums About Any Topic

Amazon.com:
Amazon.com Announces Third Quarter Sales up 20% to $20.58 Billion

 
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