Mediagazer: Sexed-up StumbleUpon.com goes live for all (Jennifer Van Grove/VentureBeat)

8:00 AM ET, October 24, 2012

Top News:

Netflix shares drop after it cuts subscriber forecast — (Reuters) - Netflix Inc added fewer U.S. customers than Wall Street expected in the third quarter, forcing the company to roll back its year-end subscriber forecast and sending shares plunging 15 percent.

Peter Kafka / AllThingsD:

Netflix Says Amazon Is Gaining and HBO Is Coming — Another earnings report, another wild swing in share price for Netflix: The stock is down double digits this afternoon, even though the company's earnings of 11 cents a share handily beat the Street's 4 cents consensus.

Discussion: TechCrunch, Home Media Magazine, Forbes, The Wrap, Media Decoder, GigaOM, SeekingAlpha.com and WebProNews

Erik Gruenwedel / Home Media Magazine:

The Mystery Surrounding Declining Hulu Viewership — Perhaps Providence Equity Partners knew something when it sold its 10% stake in Hulu earlier this month — a transaction that doubled to $200 million (from $100 million) its initial investment. — Los Angeles-based Hulu …

Discussion: Radio & Television …

Margaret Sullivan / The Public Editor's Journal:

Times Must Aggressively Cover Mark Thompson's Role in BBC's Troubles — One of the most difficult challenges for news organizations is reporting on what goes on inside their own corporate walls. Two global media companies, the BBC and The New York Times, are dealing with that challenge right now …

Discussion: Guardian, New York Magazine, GigaOM, @dansabbagh, @sdkstl, @mathewi, The Newspaper Guild and JIMROMENESKO.COM

New York Times:

Mark Thompson Says He Did Not Block BBC Savile Program — Mark Thompson, the former head of the British Broadcasting Corporation who has been drawn into the scandal involving allegations of sexual abuse against the former television personality Jimmy Savile, reiterated in an interview …

Discussion: Guardian

John Plunkett / Guardian: Mark Thompson offers to appear before MPs

Press Gazette:

Independent: ‘Senior Mirror figure paid up to £175 for voicemail pin codes’ — The Independent reports today that it is holding evidence that a senior individual at Mirror Group Newspapers regularly paid a private investigator for mobile phone numbers and private pin access codes …

Discussion: The Independent

Cahal Milmo / The Independent:

CNN increasingly twitchy over Piers Morgan's tabloid past as phone hacking scandal spreads to Daily Mirror — Ever since he left The Daily Mirror under a cloud in 2004, Piers Morgan has gone to some lengths to put his newspaper days behind him. As if to emphasise his credentials …

Discussion: Business Insider, CNN and Reuters

Mathew Ingram / GigaOM:

Journalism and the truth: More complicated than it has ever been — When former New York Times public editor Arthur Brisbane asked earlier this year whether reporters for the paper should be “truth vigilantes,” the response was immediate and decisive: of course they should, readers said …

Discussion: Poynter, craigconnects and The FJP

Jeff Bercovici / Forbes:
Craig Newmark Means Well, But Gosh Is He Wrong About How To Fix Press Ethics

Discussion: @jeffbercovici and Big News Network.com

Jeff Bercovici / Forbes:

Mel Karmazin Stepping Down As Sirius XM CEO — No one can say they didn't see this coming: Mel Karmazin is out as CEO of Sirius XM Radio. Karmazin will step down on Feb. 1, 2013, after the expiration of his current contract, the company has announced. — This concludes a months-long …

Discussion: Media Decoder, Radio & Television …, Investor Overview, FishbowlNY, Media & Entertainment and The Wrap

Matt Buchanan / BuzzFeed:

The Biggest Sites In Social Publishing — One way to measure how well a website is doing is by the number of pageviews it's gotten. Another still — and the au courant metric of a website's success — is unique visitors, because it reveals how many people are actually going there.

Discussion: JIMROMENESKO.COM and Poynter

James Topham / Reuters:

Amazon joins crowded field with Japan Kindle release — (Reuters) - Amazon.com Inc will make Japanese language Kindle e-readers and tablets available next month, as the U.S. online seller joins a slew of e-book makers in trying to win market share in the world's second-biggest publishing market.

Jennifer Van Grove / VentureBeat:

Sexed-up StumbleUpon.com goes live for all — As of today, users of content-discovery site StumbleUpon have no choice but to take its radical new web experience for a spin. — The company announced Tuesday that it was ready to shake off the beta label and introduce all 25 million …

Discussion: NetNewsCheck Latest, WebProNews and AllThingsD

Press Association:

Newsnight editor ‘tried to kill’ Savile story — A Newsnight reporter has alleged that her editor tried to “kill” the Jimmy Savile story by making “impossible editorial demands” and saying the women who spoke out about the TV star were not too young at the time of the incidents.

Discussion: Guardian