Mediagazer: The Tea Party gets a news site (Dylan Byers/Politico)

7:15 PM ET, November 1, 2012

Top News:

Margaret Sullivan / The Public Editor's Journal:

Under Attack, Nate Silver Picks the Wrong Defense — “Anybody that thinks that this race is anything but a tossup right now is such an ideologue, they should be kept away from typewriters, computers, laptops and microphones for the next 10 days, because they're jokes.”

Discussion: Mediaite, US News, Mark Coddington, @chanders, Hollywood Reporter, Addicting Info, The New Republic, Esquire, ABCNEWS, The Raw Story, The Awl, Pressing Issues, The Huffington Post, Nieman Journalism Lab and Wonkblog

Christine Haughney / Media Decoder:

Martha Stewart Living Omnimedia to Lay Off Staff and Reduce Magazines — Dragged down by advertising and circulation declines, Martha Stewart Living Omnimedia is cutting back the publication of two of its magazines and laying off about 70 employees, about 12 percent of the nearly 600-person company.

Discussion: The Wrap, MediaPost, AdAge, paidContent, Folio and FishbowlNY

Nat Ives / AdAge:

NBC Universal, News Corp. Set Plans to Help Hurricane Sandy Relief — One-Hour Telethon Friday Night to Feature Bruce Springsteen and Others — Major media companies are beginning to set plans to support relief efforts following Hurricane Sandy, which has been blamed for more than 70 deaths in the U.S. …

Discussion: Broadcasting & Cable, Cable Television News, Forbes, The Wrap, @brianstelter, Agence France Presse, FishbowlNY, TVNewser, Softpedia News, Mediaite, TechCrunch, @jbflint and Radio & Television …

CBS Los Angeles:
Walt Disney Co. To Donate $2M To Hurricane Sandy Relief Efforts

Discussion: VH1 Celebrity, PopWatch and The Walt Disney Company …

Dylan Byers / Politico:

The Tea Party gets a news site — Tea Party conservatives are getting their very own news site. — The Tea Party News Network, self-described as “the only trusted news source and the antidote to mainstream media bias,” is already live but will announce its launch tomorrow morning, with plans to start live video on election day.

Discussion: paidContent

Josh Halliday / Guardian:

Telegraph launches limited paywall — New York Times-style metered system will charge non-UK users £1.99 a month to visit the site after 20 free page views — The Telegraph website has launched its long-awaited digital paywall with a metered system, charging non-UK users £1.99 …

Discussion: Telegraph, Journalism.co.uk, NetNewsCheck Latest, paidContent, PressGazette, The Next Web, online.liebertpub.com and JIMROMENESKO.COM

Julie Moos / Poynter:

On Twitter, book titles rewritten as New York Times headlines — If books titles were written like New York Times headlines, here is how your shelves would read, courtesy of the Twitter meme #nytbooks — We have made it easy to comment on posts, however we require civility and encourage full names …

Mark Sweney / Guardian:

Online paid-content market poses threat to traditional advertising — The rise of tablets and smartphones will help grow the online paid-content market 65% to £8bn a year by 2017, with consumer spending on digital news rocketing 77% to almost £250m, according to a report.

Discussion: paidContent and paidContent

Peter Kafka / AllThingsD:

Netflix Responds to Carl Icahn Investment — Yesterday, Carl Icahn announced that he was buying a big stake in Netflix, in the hope that someone would buy the streaming video company. — Here's the Netflix response, relayed by spokesman Jonathan Friedland: “We have many shareholders …

Discussion: Adweek, MediaPost, MediaPost, Bloomberg, Home Media Magazine, CNBC and TechCrunch

Brett Wilkison / Santa Rosa Press-Democrat:

Local group to buy The Press Democrat, affiliated publications — The Press Democrat and two affiliated publications in Sonoma County are being sold by Florida-based Halifax Media Group to a partnership that includes a group of local investors, the principals in the deal announced Thursday.

Lucas Shaw / The Wrap:

Universal Pictures Makes Across-the-Board Layoffs (Exclusive) — Universal Pictures has imposed a 1.5 percent, across-the-board layoff, with 25 employees getting pink slips, the company told TheWrap. — “Like any business, Universal Pictures is constantly adjusting our workforce to meet …

Christina Farr / VentureBeat:

Meet the Internet boy genius with an app to summarize the news — At 12-years-old, Nick D'Aloisio began his career as an app developer when he downloaded the Apple Developer Kit. By 15, one of his hacks, an app known as “Trimit”, caught the eye of an investor in Asia offering to fund “the company's” next project.

Discussion: Forbes, The Next Web, TechCrunch, Forbes and Guardian

Mark Sweney / Guardian:

James Murdoch reappointed as BSkyB director with 95% shareholder backing — James Murdoch has been reappointed as a director of BSkyB with the support of 95% of shareholders at the company's annual general meeting. Barring one investor labelling him as “toxic”, Thursday's BSkyB AGM …

Discussion: Media Week