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11:15 AM ET, August 9, 2012

Mediagazer

 Top News: 
Robert Andrews / paidContent:
News Corp writes $2.8 billion off its publishing activities  —  Suddenly, you can see why News Corp is eager to split its news, TV and movie businesses in two...  Operating income in the group's existing “publishing” division - comprising Dow Jones, WSJ, The Daily, New York Post …
Discussion: FishbowlNY and Home Media Magazine
RELATED:
Peter Kafka / AllThingsD:
News Corp. Takes $2.8 Billion Charge
Joe Pompeo / Capital New York:   In earnings call, News Corp. executive says they are ‘on course’ with breakup plan
Reuters:
News Corp posts higher profit on cable, movies
Discussion: Bloomberg
Victor Fiorillo / Philly Magazine:
$28 Million In Cuts Proposed at Philadelphia Inquirer and Daily News  —  Today, the leadership of the Newspaper Guild, the union that represents many employees of the Inquirer, Daily News, and philly.com, sent the following email to its members, making it clear that recent slashes to personnel were just the beginning:
Discussion: Poynter
RELATED:
Jim Romenesko:
Philadelphia newspapers CEO's message to employees  —  Here's what CEO Bob Hall sent to Philadelphia Inquirer and Daily News employees today:  —  To All employees:  —  This is my periodic update to keep you informed about your company and our future.  As you heard me say many times …
Julie Bosman / New York Times:
Editor Fired Following Harassment Accusation  —  CONWAY, Ark. — The gathering, Marc Smirnoff said, was intended as a morale-boosting retreat for his staff at The Oxford American magazine, a July 4 overnight party at a mountain cabin that would fuel the creative intellect.
Amir Efrati / Wall Street Journal:
Borrowing from Google, Yahoo CEO Begins Makeover  —  Yahoo Inc.'s rookie chief executive Marissa Mayer has made one thing clear to employees at the outset of her bid to revive the Internet company: Product comes first.  —  Since taking over Yahoo three weeks ago, the former Google Inc. executive …
Andrew Beaujon / Poynter:
Poll: ‘Political media’ viewed unfavorably by 78 percent of people  —  Only 10 percent of the 1,000 registered voters polled by Daily Kos/SEIU have a favorable view of the “political media.”  That's a lower approval rating than Congress has.  Other things that poll higher …
Steve Buttry / The Buttry Diary:
Two years after TBD launched, the #TBDiaspora are doing OK  —  Two years ago, I was working with Jim Brady, right, Mandy Jenkins, left, and Julie Westfall to launch TBD.  Now we're still trying to change the news business at Digital First Media.  We're together this week at the Thunderdome newsroom.
Josh Sternberg / Digiday:
How Buzzfeed Won Over Madison Avenue  —  For a site that's been around for six years, Buzzfeed's had quite a run recently, thanks to skyrocketing traffic growth, a knack for knowing that the world wants to watch a 31-year-old video of a man try to perform the uneven bars …
Paula Froelich / The Daily Beast:
You're Worth How Much?  TV Anchors, by the Numbers  —  Cooper.  Sawyer.  Blitzer.  They have multimillion-dollar contracts and perfect hair.  But which newsmakers deliver the most bang for their boss's bucks?  Paula Froelich does the math.
Discussion: The Huffington Post and PopWatch
Betsy Rothstein / FishbowlDC:
Bloomberg Pays Off Economist for Unauthorized Use of Information  —  In a joint statement released this morning from Bloomberg and CQ Roll Call, Bloomberg announced that it has paid an undisclosed amount to CQ Roll Call for the unauthorized use of files by former CQ Roll Call employees now working for Bloomberg.
Discussion: Politico
Aaron Mesh / Willamette Week:
Stop the Presses  —  The Oregonian as a daily newspaper is facing a final deadline.  The 162-year-old newspaper—once considered one of the nation's best—is losing readers and advertisers in a state where it dominated the media landscape for decades.  Soon, the newspaper may no longer be publishing every day of the week.
Dylan Byers / Politico:
Wikipedia locks possible VPs' pages  —  Tech President's Micah Sifry, who introduced the idea that Wikipedia revisions could help predict Mitt Romney's selection of a running mate, reports that Wikipedia has put a lock on the pages of the leading veep candidates following a segment on the topic by Comedy Central's Stephen Colbert.
Michael Calderone / The Huffington Post:
Bloomberg News Doubles Staff For 2012 Political Conventions  —  NEW YORK — Al Hunt, Washington editor of Bloomberg News, said he still gets “excited” heading to the political conventions — even after covering 19 previous Republican and Democratic gatherings over the past 40 years.
Discussion: TVbytheNumbers
RELATED:
Dylan Byers / Politico:
Al Gore to host conventions for CurrentTV
Discussion: The Huffington Post
 
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 More News: 
Liz Cox Barrett / CJR:
NYT uses false balance while reporting on false balance
Discussion: TechPresident and Poynter
Austin Carr / Fast Company:
Rhapsody President: Spotify Hasn't Won
Jennifer H. Svan / Stars & Stripes:
Delayed Olympic coverage irks AFN viewers
Discussion: Deadspin
Peter Jukes / The Daily Beast:
Elton John sues the Times for Libel
Lynne Marek / Chicago Business:
Journatic cuts 10% of full-time workforce
 Earlier Picks: 
Craig Silverman / Poynter:
Washington Post's TruthTeller project hopes to birth real-time fact-checking
Laura Hazard Owen / paidContent:
As verdict on ebook pricing settlement nears, Apple gets 5 pages to respond to DOJ
Howard Finberg / Poynter:
6 foundations tell journalism schools to change faster or risk future funding
Jeff Bercovici / Forbes:
NY Times Co. Stock Trading Up On About.com Sale Report