Mediagazer: Would You Rather Own a Magazine or a Digital Startup? (Simon Dumenco/AdAge)

9:05 PM ET, October 22, 2012

Top News:

Martin Bekkelund / bekkelund.net:

Outlawed by Amazon DRM — A couple of days a go, my friend Linn sent me an e-mail, being very frustrated: Amazon just closed her account and wiped her Kindle. Without notice. Without explanation. This is DRM at it's worst. Linn travels a lot and therefore has, or should I say had …

Discussion: Forbes, Boing Boing, Techdirt, GigaOM, Gizmodo, Guardian, @jeffjarvis, The Raw Story, @leolaporte and Joe Wikert's Publishing …

Simon Dumenco / AdAge:

Would You Rather Own a Magazine or a Digital Startup? — On the evening of Sunday, Oct. 14, Ad Age Editor Abbey Klaassen and I stood on a small, remote-controlled boat — one not much bigger than a queen-size bed — floating in the pool at the Tonga Room & Hurricane Bar at the historic Fairmont Hotel in San Francisco.

Discussion: Capital New York, Betabeat and AdPulp

Felix Salmon:

Magazines vs digital startups — Simon Dumenco has a question: would you rather own a magazine, or a digital startup? He notes that some magazines are making real money these days, including Marie Claire, even as most digital startups fail. Old Media isn't sexy, he says, but …

Jim Romenesko:

Tampa Tribune's new owner cuts salaries, offers buyouts — The Tampa Tribune — recently sold by Media General to a California private equity investment firm for $9.5 million — is cutting employees' wages and offering buyouts. — “I haven't yet heard what percentage the cuts are averaging,” my tipster writes.

Discussion: Tampa Bay Times

Drew Olanoff / TechCrunch:

SAY Media Rebrands ReadWriteWeb As “ReadWrite”, Redesigns, Hires Dan “Fake Steve Jobs” Lyons As Editor In Chief — I'm a fan of ReadWriteWeb, always have been, but other than not being able to pronounce the blog's name, I've always appreciated the technical and detailed analysis coming out of the brand.

Discussion: MinOnline, ReadWrite, Adweek, paidContent and The Next Web

Colleen Taylor / TechCrunch:

Yahoo Q3 Beats Expectations In Mayer's First Full Quarter As CEO: $1.2B Revenue, Non-GAAP EPS $0.35 — Yahoo today reported its financial results for the third quarter of 2012, its first full quarter with new CEO Marissa Mayer at the helm. Mayer is back at work full-time after taking …

Discussion: AdAge, MediaPost, AllThingsD, Forbes, CNET, SocialTimes and paidContent

Michael Learmonth / AdAge:

Did The Daily Beast Eat Newsweek? — The shutdown of the venerable print edition of Newsweek is yet another step in the long, inexorable march of all things print to digital — a familiar storyline. Except when it's not. Many pundits will proclaim Newsweek as simply the latest …

Discussion: Poynter

Jim Romenesko:

Clark Kent quits the Daily Planet in Superman #13 — and he doesn't go quietly. He resigns in front of the whole staff, reports Brian Truitt, “and rails on how journalism has given way to entertainment.” (The Daily Planet is now part of the multimedia corporation Galaxy Broadcasting.)

Discussion: USA Today, Robot 6, The New York Observer, The Huffington Post, Newsarama, The Awl, PopWatch, Globe and Mail, ABC 7 Eyewitness News, The Atlantic Wire and The Daily Caller

McKay Coppins / BuzzFeed:

Breitbart's Inheritors Battle Over His Legacy — Less than a year after the sudden death the conservative provocateur and pioneering blogger Andrew Breitbart, the web empire he had begun to build under his own name is plagued by an unusual degree of disorganization and rampant infighting …

Discussion: Poynter

Jordan Crook / TechCrunch:

Streaming TV Startup Aereo Files Appeal In Network Case, Cites Cablevision Precedent — The legal battle between major broadcast networks and TV startup Aereo continues to unwind, as Aereo has filed a brief with the United States Court of Appeals for the Second Circuit.

Discussion: Radio & Television … and NetNewsCheck Latest

Sarah Lacy / PandoDaily:

Without Arianna, the Huffington Post mafia is taking Manhattan — “Do you know the moment I knew it was over?” Jonah Peretti says, with a half-nostaligic, half-stockholm-syndrome smile looking across the table at Ken Lerer. — Lerer doesn't know. — “That last Christmas party we had as an independent company,” Peretti says.

Discussion: Poynter and Monday Note

Andrew Beaujon / Poynter:

Jayson Blair on the first time he plagiarized: 'I can't believe no one caught that' — In the course of a wide-ranging report on plagiarism, Lee Cowan talked with disgraced New York Times reporter Jayson Blair about how he got his start as journalism's most famous plagiarist.

Discussion: CBS News

Jim Romenesko:

How NYT's David Carr got scooped on the Newsweek story — New York Times media reporter David Carr started working on the death-of-Newsweek-print-edition story on Wednesday, but got beat by Newsweek, which announced the news early Thursday. Carr told a Washington and Lee Journalism Ethics Institute audience …

Discussion: eMedia Vitals

PressGazette:

Newsnight editor steps aside as BBC faces ‘worst crisis for 50 years’ over Savile documentary — Newsnight editor Peter Rippon has stepped aside “with immediate effect” while the BBC reviews its response to the Jimmy Savile sex scandal, the corporation said today.