Mediagazer: Business Matters: How Spotify's First Year Compares to Pandora, Vevo, YouTube and Others (Glenn Peoples/Billboard.Biz)

12:55 PM ET, July 25, 2012

Top News:

Peter Kafka / AllThingsD:

Will Barry Diller Take Newsweek Web-Only? Mmmmaybe! — During IAC's earnings call today, an analyst asked Barry Diller if he has considered an online-only version of Newsweek. Short answer: Maybe. — And now, because there's a mini-debate about exactly what Diller said, here's my transcript of his comments.

Discussion: Reuters, Poynter and @peterlauria3

Dylan Byers / @dylanbyers:

UPDATE: IAC spox saying Diller's comment about online-only “was in reference to the whole industry.” http://politi.co/MGWabs

Lisa Richwine / Reuters:

HBO nixes idea of Netflix partnership — (Reuters) - Consumers who dream of watching HBO hits like “The Sopranos” or “Game of Thrones” by streaming to TVs using their Netflix accounts shouldn't hold their breath. — Netflix Inc CEO Reed Hastings raised the tantalizing possibility on Tuesday …

Discussion: VentureBeat, PC Magazine, Betabeat, The Verge and WebProNews

Bloomberg: Netflix Returns To Profitability; Olympics To Hurt New Signups

Peter Kafka / AllThingsD:
Netflix Hits Its Q2 Numbers, A Little Light on Subscribers

Discussion: Multichannel News, paidContent, Wall Street Journal, CNET, Media Money …, MarketBeat, Media Decoder, Home Media Magazine, TechCrunch, Forbes, VentureBeat, The Verge, Engadget, Business Insider and MarketBeat

Forrest Wilder / The Texas Observer:

Washington Post Reporter Allows College Officials to Alter Story on Controversial Test — Reporter breaks journalistic convention by sharing entire drafts with ‘customers’ in University of Texas press office. — In February, Daniel de Vise, a reporter for the Washington Post …

Discussion: Poynter and mediabistro.com

Dylan Byers / Politico: WaPo journo shared drafts with sources

Erik Wemple: Post reporter criticized for . . . checking his facts

Ingrid Lunden / TechCrunch:

NBC Links Up With Storify For Real-Time Curated Olympics Coverage Across Today.com And Owned Station Sites — On the heels of a deal with Facebook to promote Olympic conversations on NBC's Facebook page, the broadcast network today is taking one more step to improve its social standing during the big sports event.

Discussion: Radio & Television …, Broadcasting & Cable and Mashable!

Dylan Stableford / Yahoo! News:

Jessica Redfield Journalism Scholarship Fund reaches $20,000 goal in less than 24 hours — A journalism scholarship fund set up by the family of Jessica Ghawi, one of the 12 people killed in the Aurora, Colo., theater shooting during a screening of “Dark Knight Rises,” has reached its goal of $20,000 …

Discussion: Capital New York and The Huffington Post

Erik Wemple:
Aurora shootings: Was Brian Ross's mistake evidence of bias?

Discussion: Fox News and NewsBusters.org blogs

Alex Weprin / TVNewser:
Colorado Shooting: Cable News a Destination For Viewers Looking For The Latest

Discussion: Reuters, FishbowlDC, Chickaboomer, TVSpy and Poynter

Adweek:

Twitter, Hollywood Working on In-Stream Video Series — Forget the debate over whether Twitter wants to get in the media business. Twitter wants to be a media player. — The San Francisco, Calif.-based company, along with multiple Hollywood producers and network execs …

Discussion: Betabeat, NYT Bits, @jeffjarvis, Marketing Pilgrim, GigaOM, The Wall Blog, Venture Capital Dispatch and CNET

Will Oremus / Slate:

Judge Rules That Wikileaks Cables Are Still Secret — It sounds like something from Catch-22. A U.S. district court judge on Monday ruled that diplomatic cables published worldwide by WikiLeaks, the New York Times, the Guardian, et al., are actually still secret. Why? Because the government says they are secret.

Discussion: The FJP

Associated Press:
Wikileaks says famous Spanish judge Baltasar Garzon to lead Assange legal team

Discussion: GigaOM and BuenosAiresHerald.com

Charlie Warzel / Adweek:

Fast Chat: Erik Martin on Reddit's Coverage of the Aurora Theater Massacre — In the immediate aftermath of the Aurora theater shooting social news and community site Reddit quickly became a prominent resource for coverage. Well before most awoke on Friday morning, 18-year-old Redditor Morgan Jones …

Thanks:@cwarzel

Michael Barthel / Salon: Hold the Reddit hype

Reuters:

New York Times drops BlackBerry app — (Reuters) - Research in Motion's BlackBerry users can no longer use the official New York Times app to read news stories over their devices, in a fresh blow to the maker of the smartphone once considered an essential tool for business professionals.

Chris Dixon:

BuzzFeed's strategy — BuzzFeed's CEO, Jonah Peretti, recently sent out an email to employees and investors summarizing the company's strategy and progress. I really liked his email so I asked Jonah if I could blog it and he gave me permission. This isn't just the usual cheerleading email …

Discussion: GigaOM, Business Insider, @michaelroston, @dylanbyers and @peretti

Jason Del Rey / AdAge:

AOL Preps Big Changes to Patch Amidst Sound Q2 Results — In the turnaround world of AOL, smaller revenue declines are still viewed as wins. By next year, Wall Street likely won't let the company enjoy that luxury. Revenue in the second quarter shrank 2% year-over-year …

Discussion: Street Fight, Adweek and AllThingsD

Glenn Peoples / Billboard.Biz:

Business Matters: How Spotify's First Year Compares to Pandora, Vevo, YouTube and Others — How Does Spotify's First Year Stack Up? — Spotify's tenure in the U.S. has reached one year. Is the performance good, bad or mediocre? See how the service compares to other segments and players in digital music.

Discussion: Media Decoder