Top News:


Yahoo! creates new editors-in-chief for news, finance — Marissa Mayer isn't Yahoo's only high-level appointment this week. The Silicon Valley search portal-turned-content titan, which on Monday named Mayer, a popular Google executive, as its new C.E.O., has tapped some internal talent …
Discussion:
Forbes Real Time, FishbowlDC, Adweek, @michaelwolffnyc, @dylanbyers, The Wrap, FishbowlNY, ready,fire,aim and Uncrunched
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The newsonomics of Marissa Mayer's Yahoo legacy challenge — Call it a Hail Marissa pass. — Kudos to the Yahoo board for shaking up the conventional wisdom, going long, going young, and going Google. Against a history of failure, it has chosen success — the gold-plated success of Google …
Discussion:
Forbes Real Time, TechCrunch and Adweek

Why Marissa Mayer may not be a good fit for Yahoo
Discussion:
TechCrunch, Forbes Real Time, New York Times, AdAge, Wired, Street Fight, iMediaConnection Blog, Bits, MediaFile, Business Insider, paidContent, The Atlantic Online and Wired, Thanks:@mathewi


Memo to DOJ: Drop the Apple E-Books Suit — Restoring Amazon's monopoly in digital publishing is not in the public interest. — Recently the Department of Justice filed suit against Apple and major publishers, alleging that they colluded to raise prices in the digital books market.
Discussion:
TeleRead, Engadget, Hillicon Valley, App Advice, paidContent, GalleyCat, 9to5Mac and Publishers Lunch
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E-books Are Booming, and Still Sort of Small — No surprise to anyone who reads a site like this one: Sales of e-books are booming. — But just like most media formats, the book market is still a long way from converting completely to digital: Last year, print accounted for 85 percent …
Discussion:
VentureBeat


Hannity Gets First Interview with George Zimmerman — Sean Hannity has secured the first interview with George Zimmerman, the man accused of killing Florida teenager Trayvon Martin. The hour-long exclusive will air on Hannity's Fox News Channel program tonight at 9pmET.

No Deal in Sight: Viacom Compromise Proposals Fail to Sway DIRECTV — UPDATE IN RESPONSE TO DIRECTV'S STATEMENT ON EPIX: — DIRECTV's most recent press release regarding EPIX is one more complete work of fiction from the company. We've offered DIRECTV various compromise proposals …
Discussion:
VentureBeat, CNET and CNNMoney.com
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Viacom says talks with DirecTV have broken down
Discussion:
Los Angeles Times and Bloomberg


David Gergen Reveals Extent Of Bain Capital Ties While ‘Reporting’ On Firm — NEW YORK — CNN senior political analyst David Gergen defended Mitt Romney this week against the Obama campaign's charges that the Republican nominee hasn't been honest about his tenure at Bain Capital …
Discussion:
Mediaite, Chickaboomer and TVNewser


SHOCKER: The New Yorker Acquires the Borowitz Report — After eleven years of writing nothing but fake news at the Borowitz Report, I have to tell you something that actually happened. — I'm excited to announce that The New Yorker has acquired the Borowitz Report.
Discussion:
CJR, The Wrap, The New Yorker Blog, JIMROMENESKO.COM, Poynter, @jcstearns, paidContent, New York Magazine, GalleyCat and WNYC News Blog


Twitter, Reddit and the newsroom of the future — By now, many people are becoming used to Twitter as a source of breaking news, whether it's a report about the death of Osama bin Laden or details about the Arab Spring uprisings in Egypt. But it's still fascinating to come across new examples …
Discussion:
ReadWriteWeb, eMedia Vitals, Toronto Star and Daily Dot, Thanks:@palafo


‘It Was Like a War Zone’: A Former Nanny for Rupert Murdoch and Wendi Deng Speaks Out — A former household staffer and tutor for Rupert Mudoch and Wendi Deng's children is speaking out for the first time about the relentless nightmare that is working for the Murdochs: Screaming tantrums …
Discussion:
New York Magazine


ProPublica gets $1.9 million from Knight to expand its efforts in data journalism — ProPublica is getting a $1.9 million data journalism grant from the Knight Foundation, the nonprofits jointly announced on Wednesday. — The money will be used to support ProPublica's News Applications team, including adding one full-time staffer.
Discussion:
The ProPublica Nerd Blog, ProPublica, Knight Foundation and Journalism.co.uk


WikiLeaks Nearly Out of Cash — WikiLeaks said it is close to running out of money, a problem the site blamed on Visa and MasterCard, which have prohibited users from donating to the site. — WikiLeaks' cash reserves have fallen from €800,000 ($983,600) in December 2010 to less …
Discussion:
New York Magazine


Glenn Mulcaire forced to reveal who gave phone-hacking order — Glenn Mulcaire, the private investigator used by the News of the World has been forced to reveal who ordered him to hack the phone of an assistant to PR Max Clifford in compliance with a supreme court order.
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Phone hacking: ‘significant’ email from News International executive emerges
Discussion:
Bloomberg


Why the Washington Post will never have a paywall — The list of major newspapers that haven't at least experimented with a paywall or subscription option for online content is pretty short, and one of the most prominent abstainers is the Washington Post. While the success …
Discussion:
Fortune, Thanks:@biztrends

News Corp. gives $20 million to Motion Picture & Television Fund — Rupert Murdoch, chairman and chief executive officer of News Corp., is seen arriving for the morning session at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho. His company is donating $20 million to the Motion Picture & Television Fund.
Discussion:
Variety

In Egypt, new newspapers and old problems — Citizens need good journalism to explain confusing times, but many Egyptians don't trust their media — CAIRO, EGYPT — Egyptian newsstands today offer a lively range of options, including three government-owned papers, papers affiliated with political parties …


Chinese newspaper shakeups raise fears of growing pressure on media — Two newspapers undergo staff reshuffles before party congress unveils change of leadership this autumn — Abrupt reshuffles at two outspoken Chinese newspapers have raised fears of growing pressure on the media …
Discussion:
Committee to Protect … and Reporters Without Borders

Jim Warren to head NewsBeast OFA beat — Newsweek/Daily Beast has hired Jim Warren, the former Washington bureau chief for the Chicago Tribune, to serve as Chicago Editor-at-Large, POLITICO has learned. — Now through November, Warren will head Obama campaign coverage out of Chicago for the website and the magazine.


Don Graham: Why a paywall won't work for the Post — FORTUNE — “Circumstance has made it so we're the one great news company that's free at this point,” said Don Graham, CEO of the Washington Post Company, speaking at Fortune's Brainstorm Tech conference. When asked why the Post hasn't put …
Discussion:
Jack Shafer and CJR

Media General reports income increase, net loss in second quarter — Operating income was up 164 percent at Media General in its second quarter, the company announced today. It attributed the rise to political advertising and retransmission fees, which were up 80 percent.
Discussion:
Broadcasting & Cable

Vivendi to Offer Concessions for EMI Deals — BRUSSELS—Universal Music Group may need more time to cobble together an offer that would get approval from European regulators for its proposed acquisition of EMI Music. The music giant had been expected to put forward a package of divestments …
Discussion:
Guardian