Mediagazer: IAC profit beats, writes down Newsweek (Reuters)

12:20 PM ET, July 25, 2012

Top News:

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

Erik Wemple:

Post reporter criticized for . . . checking his facts — The Texas Observer has the e-mails. The tell-tale, slimy e-mails sent by Post reporter Daniel de Vise to officials at the University of Texas at Austin. As the Observer story alleges, those e-mails document some “unusual, perhaps even unethical, techniques.”

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.

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

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.

Reuters:

IAC profit beats, writes down Newsweek — July 25 (Reuters) - Media veteran Barry Diller's IAC/InteractiveCorp reported a better-than-expected profit on Wednesday, driven by a jump in sales at its Web search and online dating businesses even as it took a hit from a writedown of its stake in Newsweek Daily Beast.

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!

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

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: The Huffington Post and Capital New York

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

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

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

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 …