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

7:00 AM ET, October 24, 2012

Top News:

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 and SeekingAlpha.com

Ryan Lawler / TechCrunch:

Netflix Subscriber Additions Disappoint, Reports Q3 Revenue Of $905M And Earnings Of $0.13 — Netflix's third-quarter 2012 earnings report just came out, with revenue reaching $905 million for the quarter, up from $822 million last year. It's also in line with Wall Street's consensus forecast of $904 million.

Discussion: Reuters, paidContent, Home Media Magazine, Forbes, The Wrap, Media Decoder, GigaOM 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: New York Times, Guardian, New York Magazine, GigaOM, @dansabbagh, @sdkstl, @mathewi, The Newspaper Guild and JIMROMENESKO.COM

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

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

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 and Reuters

Laura Smith-Spark / CNN: New UK phone-hacking claims target Mirror newspapers, lawyer says

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

Jon Henley / Guardian:
Jimmy Savile row: is it really the BBC's biggest crisis ever?

Discussion: Media News, Los Angeles Times and Telegraph

Alan Cowell / New York Times:
BBC Chief Defends Handling of Sex Abuse Scandal

Discussion: Sky News, mediabistro.com, Media Decoder, Daily Mail, Business Insider, The Huffington Post and The Independent

Press Gazette:
‘Five to 10’ staff in BBC sex probe during ‘Savile period’, says DG George Entwistle

Discussion: Guardian and Channel 4

Michael Arrington / TechCrunch:

Paid Blogger — Hey. — My name is Michael Arrington. For newer readers who don't know, I founded TechCrunch back in 2005. — Last year I was fired and began writing on Uncrunched. — Today AOL unfired me. — I am a venture capitalist and have all sorts of conflicts of interest.

Discussion: New York Magazine, TechCrunch and Poynter

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: WebProNews and AllThingsD

Laura Hazard Owen / paidContent:

Pew surveys young Americans on e-reading, but the data is old — A new report (PDF) from the Pew Internet and American Life Project surveyed 16- to 29-year-olds on their reading habits and library usage. — That's obviously a broad group, including both high schoolers and twenty-somethings …

Discussion: Pew Internet, Forbes, Poynter, PublishersWeekly.com and Media Decoder

Ken Yeung / The Next Web:

Yahoo teams up with CBS, renames news magazine “The Insider” to “omg! Insider” — Yahoo has announced a new partnership with CBS Television Distribution that will extend the reach of its syndicated news magazine The Insider. As a result, starting in January 2013, the newsmagazine will be renamed omg!

Discussion: TechCrunch and @jaredbkeller