Mediagazer: Financial Times sale could raise £1bn (Mark Sweney/Guardian)

10:35 AM ET, October 3, 2012

Top News:

Mark Sweney / Guardian:

Financial Times sale could raise £1bn — Pearson could offload the Financial Times for as much as £1bn in a “trophy hunt” by potential buyers, after the head of the company's education division was announced as the new chief executive, replacing Dame Marjorie Scardino.

Discussion: @emilybell and @hblodget

Guardian:

Pearson chief executive Marjorie Scardino to step down — Dame Marjorie Scardino, one of the UK's highest-profile female corporate leaders, is to step down as chief executive of Financial Times and Penguin owner Pearson at the end of 2012, and will be replaced by the head of its international education division, John Fallon.

Discussion: Media Week, NetNewsCheck Latest and paidContent

Kate Holton / Reuters:

Pearson CEO Scardino's departure could lead to FT sale — LONDON, Oct 3 (Reuters) - Pearson Chief Executive Marjorie Scardino will step down after 16 years, potentially clearing the way for her successor at the global educational and media group to sell the Financial Times newspaper.

Discussion: @eileentso

Robert Andrews / paidContent:

Google rebooting content micropayments initiative under Wallet — After retiring its experimental OnePass news payments system this spring, Google is now going ahead with a fuller version of its content micropayments platform under the Google Wallet moniker.

Josh Halliday / Guardian:

Former BBC Radio 1 boss ‘knew about Jimmy Savile sex abuse claims in 1970s’ — The former head of Radio 1 knew in the early 1970s about accusations of sexual abuse involving Sir Jimmy Savile, an ex-press officer for the station has claimed. Rodney Collins said on Wednesday that an ex-Radio 1 controller …

Peter Rippon / BBC:
Newsnight and Jimmy Savile

Discussion: Guardian, Digital Spy, BBC, @fleetstreetfox and Guardian

Dylan Byers / Politico:

The Drudge hype falls flat — DENVER, Colo. — One night before the first presidential debate, conservatives Matt Drudge, Sean Hannity, and Tucker Carlson hyped footage of a five-year-old speech by then-Sen. Barack Obama, widely covered at the time, in which the presidential candidate suggested …

Discussion: The Huffington Post, @mlcalderone, Election 2012, Business Insider and Gawker

Katherine Rushton / Telegraph:

BBC working on music equivalent of iPlayer — The BBC is working on a music equivalent of its iPlayer catch-up service, The Daily Telegraph can disclose. — Lana Del Rey has shot to fame through music streaming services such as Spotify — The service, dubbed Playlister …

Discussion: Softpedia News, Pocket-lint, The Verge, Gizmodo, Engadget and NME

Al Tompkins / Poynter:

Local TV anchor criticized for her weight: 'I don't take a lot of crap from people' — Wisconsin TV news anchor Jennifer Livingston has gained thousands of supporters by publicly taking on one critic who called her fat. — Last week, the WKBT-TV morning newscast anchor opened an email from Kenneth Krause …

Discussion: Yahoo! News, JIMROMENESKO.COM, Globe and Mail and Guardian

Andrew Wallenstein / Variety:

TV studios too strong for Apple disruption — Syndication biz projected to reach $20 billion — The economics of Hollywood's TV studios have been strengthened so much by new windows that even Apple won't be able to disrupt their business, according to a new research report.

Andrew Beaujon / Poynter:

U-T San Diego plans 80 layoffs at recently purchased North County Times — U-T San Diego notified the California Employment Development Department Monday it plans to lay off 80 people at the North County Times. “One-third of the total North County Times' staff, including 24 from the newsroom …

Discussion: NetNewsCheck Latest and FishbowlLA

Ozge Ozbilgin / Reuters:

YouTube opens Turkish site, giving government more control — (Reuters) - Turkey said on Tuesday it had won a long-running battle to persuade the video-sharing website YouTube to operate under a Turkish web domain, giving Ankara a tighter rein over the site's content and requiring the firm to pay Turkish taxes.

Discussion: CNET and paidContent

Christine Haughney / New York Times:

Burlington Free Press Loses Ground in Vermont — BURLINGTON, Vt. — Vermonters may be quick to boast about their locally sourced foods, their ability to tolerate bitter winters and their celebrated entrepreneurs like Ben & Jerry's and Burton Snowboards. But lately, they have not extended that praise to their newspaper.