Mediagazer: Another longtime biz journalist leaves Reuters (Chris Roush/Talking Biz News)

12:45 PM ET, October 24, 2012

Top News:

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: New York Magazine, Media Decoder, Deadline.com, Poynter, FishbowlNY, Guardian and @rajunarisetti

Jennifer Saba / Reuters:

NY Times public editor calls into question incoming CEO Thompson — (Reuters) - The New York Times public editor has questioned whether the newspaper's incoming chief executive, the former BBC head Mark Thompson, is fit to serve as the company's top official as a scandal shakes Britain's most prestigious broadcaster.

Margaret Sullivan / The Public Editor's Journal:
Times Must Aggressively Cover Mark Thompson's Role in BBC's Troubles

Discussion: Guardian, @edmundlee, London News, @dansabbagh, @sdkstl, New York Magazine, Media Decoder, Deadline.com, GigaOM, @mathewi, Business Insider, Guardian and The Newspaper Guild

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, Reuters and CNN

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, Guardian, The Independent and @psmith

Roy Greenslade / Guardian:

Piers Morgan, the ex-editor who once enjoyed talking about hacking — In the light of the civil claims against Trinity Mirror over alleged phone hacking, it is pertinent to revisit the various boasts made by the former Daily Mirror editor, Piers Morgan, about his knowledge of voicemail interceptions.

Brent Lang / The Wrap:

IAC Quarterly Earnings Reveals Why Newsweek is Ending Print Run — IAC/InterActiveCorp, the media conglomerate behind web properties like Match.com and About.com, bested Wall Street's expectations Wednesday, as operating profits and revenue jumped during its most recent fiscal quarter.

Discussion: Forbes and Vanity Fair

Joe Pompeo / Capital New York:

Barry Diller: ‘Newsweek’ cuts to be as ‘spare’ as possible — Barry Diller and Tina Brown: all bold plunges and ‘mistakes.’ — On this morning's IAC third-quarter earnings call, company chairman Barry Diller addressed last week's bombshell news that Newsweek will eliminate its print edition starting in 2013.

Reuters:

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

Discussion: Home Media Magazine, Quartz, CNET, TechCrunch, SeekingAlpha.com, Forbes, Media Decoder, WebProNews, GigaOM and TechCrunch

Erik Gruenwedel / Home Media Magazine:
The Mystery Surrounding Declining Hulu Viewership

Discussion: FierceOnlineVideo News and Radio & Television …

Katherine Rushton / Telegraph:

Guardian moves towards compulsory job cuts — The publisher of The Guardian and The Observer has proposed making large-scale compulsory job cuts among its newspaper journalists. — The Guardian and Observer publisher has spent the last few years battling to stem losses of £44m a year.

Paul Sawers / The Next Web: GNM taps Rightster to launch Guardian Select Video, a syndication portal to monetize digital video

Joe Pompeo / Capital New York:

‘Times’ union stages ‘informational’ picket as incoming C.E.O. comes under scrutiny — The fiery 20-month contract battle between unionized New York Times employees and company management appears to be getting hotter every day. — Following a staff walkout several weeks ago …

Discussion: Guardian and New York Times

Jim Romenesko: New York Times union members use Twitter to ‘engage the public’ in contract battle

Dylan Byers / Politico:

Exclusive: Fast and Furious whistleblower sues Time Inc. for libel — John Dodson, the special agent who blew the whistle on the Fast and Furious gunwalking scandal, is suing Time for libel, POLITICO has learned. — The lawsuit comes in response to a Fortune magazine article published …

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.

Wall Street Journal:

Barnes & Noble Warns of Data Breach — Barnes & Noble Inc. said customers at 63 stores in nine states may have had their credit-card information stolen. — In a statement issued Tuesday evening, the nation's largest bookstore chain said that in September it detected a problem …

Discussion: Barnes & Noble, Inc., New York Times and Gizmodo

Chris Roush / Talking Biz News:

Another longtime biz journalist leaves Reuters — Steve James, who had been at Reuters for 27 years, left the news organization on Tuesday, multiple sources have confirmed to Talking Biz News. — James was apparently a recipient of a “performance incentive plan” that has been used …