Mediagazer: Jonathan Krim is named MarketWatch acting editor (Jim Romenesko)

7:00 PM ET, August 27, 2012

Top News:

Jeff Bercovici / Forbes:

IAC Buys About.com From NY Times Co. For $300 Million — “Invest in the Times” is the watchword at The New York Times Co. these days. Now the publisher has another $300 million to invest in its core brand, thanks to internet mogul Barry Diller. Diller's IAC has completed a deal to buy …

Discussion: MediaPost, NetNewsCheck Latest, PC Magazine, Folio, AdAge, New York Times and BtoB Magazine

Julie Moos / Poynter:

Shooting victim's brother criticizes media for ‘horrific journalism’ — Paul Ercolino, whose brother Steven was killed outside the Empire State Building Friday, called in to New York's WFAN Monday to talk about his brother's love of sports. He also criticized the media for using graphic images of his brother.

Discussion: CBS New York, CBS News and Gothamist

Jim Edwards / Business Insider:

Here's How Much Money The New York Times Was Losing On About.com — IAC has agreed to buy About.com from the New York Times for $300 million in cash, according to Bloomberg, and no wonder—the encyclopedia site was losing barrowloads of cash. But the sale won't fix NYT's overall digital problems …

Alex Weprin / TVNewser:

Star Correspondents Bolt Tampa For NOLA, As Isaac Approaches — Two TV news correspondents who made their marks covering Hurricane Katrina seven years ago are returning to New Orleans as another hurricane approaches. — Fox News Channel's Shepard Smith and CNN's Anderson Cooper …

Discussion: Gawker, New Orleans Times-Picayune, Globe and Mail, Yahoo! News, Mediaite, Politico, FishbowlDC, Forbes, New York Magazine, @andersoncooper, The Huffington Post, Multichannel and New York Times

Brian Stelter / Media Decoder:

With Isaac Bearing Down, Networks Weigh Their Options — Put yourself in the shoes of a network news president for a moment. There's a tropical storm bearing down on the Gulf Coast, reviving memories of Hurricane Katrina seven years ago. But there's also a political convention beginning in Tampa …

Discussion: Politico, Gawker, TVNewser and Forbes

Erik Wemple:

Brisbane hammers NYT for ‘progressivism,’ Occupy bias — Outgoing New York Times Public Editor Arthur Brisbane made himself a hot aggregational commodity this weekend with a farewell column accusing his paycheck issuer of bias. The money graphs: … So the New York Times covered Occupy Wall Street like a cause, huh?

Discussion: Poynter, Firedoglake, thenation.com/blogs/180, FAIR Blog, The Week and The Daily Beast

Brad McCarty / The Next Web:
Twitter appeals New York court ruling on behalf of Occupy Wall Steet protester Malcolm Harris

Discussion: TechCrunch, Betabeat, ACLU, GigaOM and AllThingsD

Liana B. Baker / Reuters:

Fox asks court to ban Dish's ad-skipping features — (Reuters) - Fox Broadcasting Company is asking a court to put a stop to two features on Dish's new digital video recorder that let consumers skip commercials because it is hurting the TV networks' business.

Discussion: Los Angeles Times and VentureBeat

Joe Schneider / Bloomberg:
Fox Seeks Ban on Dish's Ad-Skip Feature Pending U.S. Trial

Discussion: @alanmairson

Adrianne Jeffries / The Verge:

Hijacking the news: how hackers are manipulating the press from the inside out — In May of last year, PBS reported online that “prominent rapper Tupac has been found alive and well in a small resort in New Zealand.” The U.K.-based The Sun devoted its front page in July to a report …

Lucia Moses / Adweek:

‘Slate’ Gets a New Publisher — Online magazine Slate recently created a dedicated sales force to capitalize on its traffic growth, and now it's getting a new publisher to lead it. Matt Turck, the vp of sales and marketing who built up the new team, will start in the new role Sept. 10.

Discussion: FishbowlNY

Hazel Sheffield / CJR:

Pasadena publisher launches a system for outsourcing local news — “I'm looking for individuals I can pay a lower rate to do a lot of work,” says Journtent founder James Macpherson — A publisher in Pasadena, CA, who said he received death threats when he started hiring workers in India …

Andrew Beaujon / Poynter:

Times-Picayune will face new print competitor on Saturdays — New Orleans Times-Picayune photojournalist John McCusker talks with CBS News' Mark Strassmann about what will happen to the paper after Sept. 30. That's when, as Strassmann says, “the paper's management will cut its staff in half.

Discussion: New Orleans, CBS News and Forbes

Jim Romenesko:

Jonathan Krim is named MarketWatch acting editor — Jonathan Krim, who is currently WSJ.com senior deputy managing editor, becomes MarketWatch.com acting editor. From the memo: … David Callaway left the MarketWatch editor-in-chief post last month to become USA Today's top editor.

Hamilton Nolan / Gawker:

Republican Convention, Day One: Everyone Get Ready for Nothing — REPORTING LIVE FROM INSIDE THE TAMPA CONVENTION CENTER—Day one of the Great Republican Convention of 2012 has arrived, and here we are bright and early inside the belly of the beast, to give you, the Real Americans …

Discussion: @jeremyscahill