Mediagazer: David Axelrod: White House Did Not Leak Classified Information (Katherine Fung/The Huffington Post)

10:35 AM ET, July 25, 2012

Top News:

Peter Kafka / AllThingsD:

An Upbeat Q2 for AOL — Here's why Tim Armstrong felt confident enough to hang out at Michael's last week: AOL just posted a not-shabby Q2. The company just posted earnings of $10.17 per share and revenue of $531 million. Wall Street was looking for 10 cents and $519 million.

Discussion: Forbes, paidContent, VentureBeat, NetNewsCheck Latest, CNET, Business Insider and Reuters

Steve Myers / Poynter:

AOL says Patch continues to double its revenue from last year — In its second-quarter earnings report, AOL says Patch “grew traffic and engagement at double digit rates year-over-year and quarter-over-quarter” and that revenue more than doubled in the second quarter compared to a year earlier.

Discussion: paidContent, TechCrunch and The Next Web

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: Betabeat, The Verge and WebProNews

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

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

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

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, Erik Wemple and mediabistro.com

Dylan Byers / Politico:

WaPo journo shared drafts with sources — Forrest Wilder of the Texas Observer is out with a pretty damning report today about a Washington Post reporter who shared drafts of a story with his sources and subjects and even allowed them to suggest edits, some of which ended up in the article.

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

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

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

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.

Katherine Fung / The Huffington Post:

David Axelrod: White House Did Not Leak Classified Information — David Axelrod hit back at allegations that the White House leaked classified national security secrets on Wednesday, one day after Mitt Romney's indictment of the leaks. Romney blasted the president's foreign policy in a searing speech on Tuesday.

Erik Wemple:

Aurora shootings: Was Brian Ross's mistake evidence of bias? — Last Friday, amid a newsburst regarding the Aurora, Colo., shootings, ABC News Chief Investigative Correspondent Brian Ross committed the unforgivable mistake of speculating on air about the identity of an alleged mass murderer.

Discussion: Fox News and NewsBusters.org blogs

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

Discussion: FishbowlDC, Reuters, Chickaboomer, TVSpy, Poynter and Washington Post

Josh Sternberg / Digiday:

Salon Soldiers On — Pioneering an industry is a tough game, especially when you watch many others enter, catch-up and surpass you. After introducing the concept of online-only, high-quality journalism 17 years ago, Salon is standing. Once an insurgent, Salon is now a legacy Web media brand struggling …

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: Marketing Pilgrim, GigaOM and The Wall Blog

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: NetNewsCheck Latest

Joe Pompeo / Capital New York:

At ‘Daily News,’ staffers gather hoping to hear Colin Myler's vision for the paper — Colin Myler's first half-year at the helm of the Daily News has seemed, from the outside, relatively subdued. — With his name still entangled in the U.K. phone-hacking scandal for which there appears …

Discussion: Capital New York