Mediagazer: Time is of the essence for digital overhaul (Keith J. Kelly/New York Post)

12:30 PM ET, August 24, 2012

Top News:

Dan Sabbagh / Guardian:

Elisabeth Murdoch: James should have stepped back in phone-hacking crisis — Rupert Murdoch's second daughter also confirms she asked for Rebekah Brooks to resign as NI chief executive last year — James Murdoch should have taken a “step back” from his number three job at News Corporation …

Discussion: Bloomberg

Katherine Rushton / The Daily Telegraph:
Elisabeth Murdoch distances herself from family

Discussion: Media Decoder, Telegraph, The Independent and Guardian

Nat Ives / AdAge:

Magazine Publisher Bonnier Creates Accelerator Program for Media Startups — Four Startups to Receive Seed Funding, Services and Consultation in 14-Week Program — Bonnier Corp., the publisher of magazines including Field & Stream and Popular Science, is beginning an effort …

Discussion: Transworld Business, MediaPost and Folio

Kara Swisher / AllThingsD:

Exclusive: Digital Chief Jon Miller Leaving News Corp. — According to sources close to the situation, News Corp.'s Chief Digital Officer Jon Miller will soon be leaving the media giant. — It seems to be a cordial, although perhaps inevitable, parting — sources said Miller will remain …

Jeff Bercovici / Forbes: Exit Interview: Jon Miller On Transforming News Corp., Launching The Daily And What Comes Next

James Rainey / Los Angeles Times:

Voters still tuned in to traditional news media, poll finds — The bulk of voters who follow current events daily turn to traditional sources, especially local TV news, the USC Annenberg/Los Angeles Times Poll on Politics and the Press finds. Trust in various sources tends to depend on age and politics.

Discussion: gqrr.com, Poynter, JIMROMENESKO.COM, mediabistro.com and TVSpy

Jeanine Poggi / AdAge:

Current TV to Turn Half the Screen Over to Twitter During Conventions — Networks Have Shown Tweets Before, But Current is Going Bigger — Current TV is handing over half its screen to Twitter during the conventions. — The cable news network, co-founded by former vice president Al Gore in 2005 …

Discussion: The Wall Blog, TVNewser, NetNewsCheck Latest, mediabistro.com and Lost Remote

Bobbie Johnson / paidContent:

Prince Harry's brush with radical transparency: you can't stop the web — On the internet, just like everywhere else, time only moves in one direction: forward. But that doesn't stop people trying to turn the clock back. — Take Britain's royal family, who contacted the editors …

Discussion: visitlasvegas.com, Guardian, The Sun, The Huffington Post, World Now, dailyrecord, The Daily Beast and Guardian

David Frum / CNN:

The challenge for cable news — David Frum says for breaking news, cable competes with social media. It needs to find new ways to capture viewers for news. … (CNN) — Like many people in the media and political world, I first heard from Twitter the news that Mitt Romney had chosen Paul Ryan as his running mate.

Discussion: The Daily Beast and TVNewser

Alexandra Kimball / Random House of Canada:

How to Succeed in Journalism when You Can't Afford an Internship — Who gets to be a journalist? I do, now, and the fact stuns me. For five years, I worked at a series of marketing companies and non-profits: jobs I wasn't crazy about, but took because they allowed me to withstand …

Discussion: Poynter, @anandwrites and @jeffjarvis

Andrew Beaujon / Poynter:

Missing reporter: 'Coming here to Syria is the greatest thing I've ever done' — In late July freelance reporter Austin Tice posted a message to his Facebook page explaining “why I'm doing this crazy thing.” He was in Syria, covering the war there for McClatchy, The Washington Post …

Discussion: Committee to Protect …, Washington Post, The News Tribune and JIMROMENESKO.COM

Hannah Allam / McClatchy Washington Bureau: Whereabouts of journalist Austin Tice, McClatchy contributor, unknown in Syria

Benjamin Shors / MediaShift:

At Rural Newspapers, Some Publishers Still Resist Moving Online — In 1968, Dick Graham bought a small weekly newspaper in Ferry County, Wash., one of the most remote and sparsely populated counties in the Pacific Northwest. — Forty-four years later — give or take a few months — broadband Internet is arriving.

Discussion: Garcia Media

Keith J. Kelly / New York Post:

Time is of the essence for digital overhaul — After operating profit tumbled more than 40 percent in the most recent quarter, there's a new sense of urgency surrounding Time Inc. and its push to capture digital dollars. — Following a three-month study by management consultant Bain & Co. …

Mathew Ingram / GigaOM:

Prismatic wants to conquer the new frontier: Mobile news — Most traditional media companies are still trying to handle the disruption that the web has caused in their business models and content strategies, and if they think about mobile at all it is via their iPhone or iPad app …

Discussion: Business Insider, TechCrunch and PandoDaily, Thanks:@om

Craig Silverman / Poynter:

Time magazine fact-checking mistake shows value of fact-checking in public — This week brought a mix of embarrassment, shame and unexpected satisfaction for me. — Wednesday morning, I heard from two people who told me by email I had made a big mistake in my post, “Newsweek ditched …