Top News:


Nate Weiner raises $5M Series B funding for Pocket (formerly Read It Later) — Pocket, formerly known as Read It Later, an app that formats and bookmarks articles and web pages for future consumption, has raised a second round of funding. — One year after raising an initial $2.5 million …
Discussion:
MediaPost, TechCrunch, paidContent, eMedia Vitals and AllThingsD


DirecTV says sticking point in Viacom talks is ... Epix? — They've been negotiating a multi-billion-dollar deal for some of the most widely viewed channels in the cable universe. — But according to DirecTV, the sticking point in its ongoing carriage impasse with Viacom is ... wait for it ... the fledgling pay channel Epix.
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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:
CNET, CNNMoney.com, VentureBeat and Engadget

Viacom says talks with DirecTV have broken down
Discussion:
Adweek, Multichannel News, Los Angeles Times and Bloomberg


How Bloomberg can still run Washington — At the age of 70, Michael R. Bloomberg nears an actuarial end that not even his $22 billion net worth can reverse. By giving him a measly 13 years of life expectancy, the law of averages has made the New York mayor acutely aware of time.
RELATED:


Why the Washington Post will never have a paywall
Discussion:
Fortune, Thanks:@biztrends


Rupert Murdoch faces shareholder revolt at News Corporation AGM — Pressure weighs on Rupert Murdoch as 18 News Corporation investors signal intention to oust him as chairman at its October annual general meeting. — Rupert Murdoch plans to split News Corporation in two, but to remain chairman of both parts
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‘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:
Daily Mail and New York Magazine


Penguin buys self-publishing service Author Solutions for $116m — Book publisher Penguin is embracing self-publishing with its acquisition of Author Solutions. This morning, it announced that it has purchased the company from Bertram Capital for $116 million.

Tribune may use LA Times to lure bidders for other papers — The new owners of Tribune Co. may dangle the Los Angeles Times as bait to lure bidders for its other papers when it exits bankruptcy, expected within weeks, The Post has learned. — With newspaper buyers scarce …

Twitter's Credibility Problem — Where you read something may impact credibility as much as what you read - especially if where you read something is on Twitter, according to a new study. — Published last month in Communication Quarterly, the research by Mike Schmierbach and Anne Oeldorf-Hirsch used …
Discussion:
eMedia Vitals, The Wall Blog and GigaOM


Media outsourcing and Journatic: Hate the player, not the game — There's been a debate raging in the media sphere lately over the practices of a journalism-outsourcing startup called Journatic, which used to provide hyper-local news content to papers like the Chicago Tribune and the San Francisco Chronicle.
Discussion:
Street Fight, DigiDave and Newspaper Death Watch


Operation Tuleta: Sun journalist arrested in hacking investigation — A journalist at the Sun has been arrested in north London by police from Scotland Yard's Operation Tuleta, which is investigating breaches of privacy including computer hacking. He is understood to be Rhodri Phillips, a news reporter at the paper.
Discussion:
@tomjharper, @flypie, @timescrime, @timescrime and @timescrime

Vimeo: AuteurTube — YouTube can make amateurs rich, but the video pros are congregating elsewhere — The Times mag the other week noticed that amateur star “YouTubers” could make six figures through the site's comedy channels. — But people filming verite vignettes …


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 and TechCrunch
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These Designers Did for Fun What News Sites Can't Do to Save Their Business — A Web design studio built the first news site I've ever read from top to bottom two days in a row, and it did so as a side project. Mule Design is not in the journalism business. It builds sites to solve all manner of client communication problems.
Discussion:
Subtraction.com, Thanks:@rwjon


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:
Fortune, CNET, Melville House Books, TeleRead, Engadget, App Advice, GalleyCat, paidContent, 9to5Mac, Hillicon Valley and Publishers Lunch
RELATED:

E-books Are Booming, and Still Sort of Small
Discussion:
Melville House Books and VentureBeat