Mediagazer: Anthony Shadid's cousin takes a shot at NYT — and journalism in general (Matt Pearce/Los Angeles Times)

1:20 PM ET, June 26, 2012

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Michael J. De La Merced / DealBook:

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 …

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.”

Discussion: Radio & Television …, VentureBeat, Wall Street Journal and New York Magazine

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 …

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.

Discussion: TVNewser, Felix, Inside Cable News and The Huffington Post

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.

Discussion: LA Observed, FishbowlNY, MediaPost and mediabistro.com

Jim Romenesko:

Patch puts pressure on local editors — Also, local editors have been told to get at least 1,000 comments per month. Most Patch sites struggle to get even 500 now. — I've asked Patch spokeswoman Janine Iamunno for comment. — UPDATE - Iamunno emails:"No idea where these numbers are coming from, I'm afraid.

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 …

Matt Pearce / Los Angeles Times:

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

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” …

Discussion: PRWeb and http://blog.pulse.me/

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

Neil Gough / DealBook:

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.