Top News:
Bloomberg:
Pearson Said Exploring Financial Times Sale as CEO Leaves — Pearson Plc (PSON) is planning to explore a sale of the Financial Times newspaper, as the company focuses on its faster-growing education business, people with knowledge of the situation said. — The company has decided …
Discussion:
Guardian, Quartz, @felixsalmon, Reuters, @dansabbagh, @dansabbagh, Bookseller news and FT Alphaville
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Felix Salmon / Reuters:
The FT in play — This will come as a surprise to absolutely no one, but the Financial Times is going up for sale, according to Bloomberg, with an asking price of £1 billion. (Pearson has denied the story, in less than convincing terms.) — That's big number.
Michael de la Merced / DealBook:
F.T. Up for Sale, Report Says, but Pearson Says Not So Fast
F.T. Up for Sale, Report Says, but Pearson Says Not So Fast
Discussion:
Talking Biz News
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Jeff Sonderman / Poynter:
News orgs innovate with election coverage — Tuesday night will be the most interactive election night ever. — Millions of Americans won't just be watching results come in, they'll be participating in new ways thanks to news organizations doing just about everything they can think of to enhance live coverage tonight.
Discussion:
Media News, GigaOM, Reuters, GeekWire, @jaredbkeller, Forbes, The Huffington Post, New York Times, CNET and NetNewsCheck Latest
Joe Pompeo / Capital New York:
News Corp. executive sidesteps rumors about plans to acquire more newspapers — News Corp. president and chief operating officer Chase Carey sidestepped questions about whether his company is in acquisition mode this afternoon. — “Obviously we should look at some things,” said Carey …
Discussion:
Media Week, Media Decoder, Media & Entertainment, Media Money …, MediaPost and Deadline.com
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Edmund Lee / Bloomberg:
News Corp. Boosts Profit After Making Gains in TV Advertising
News Corp. Boosts Profit After Making Gains in TV Advertising
Discussion:
Cable Television News, Bloomberg, Reuters, Los Angeles Times, Agence France Presse and Fox Business
John Jannarone / Wall Street Journal:
News Corp. Earnings Boosted by Gain
News Corp. Earnings Boosted by Gain
Discussion:
AllThingsD and Sydney Morning Herald
Marc Tracy / The New Republic:
Nate Silver Is a One-Man Traffic Machine for the Times — “FiveThirtyEight is drawing huge traffic,” New York Times executive editor Jill Abramson told me yesterday. She added, “What's interesting is a lot of the traffic is coming just for Nate.” — There has been plenty of controversy …
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Amy Willis / Telegraph:
Republican Karl Rove calls Barack Obama Fox News projection ‘premature’ — Karl Rove, George W Bush's former deputy chief of staff, called a projection that Barack Obama had won the US election “premature” last night and disputed early results in Ohio. CNN, the Associated Press …
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Rebecca Shapiro / The Huffington Post:
Fox News Contesting Its Own Election Call — Fox News' Chris Wallace said that Gov. Mitt Romney's campaign is contesting the network's decision to call President Obama's re-election. Wallace said: “Well I have great respect for our decision desk, and I can see that they're very happy in Chicago …
Mathew Ingram / GigaOM:
If Facebook isn't thinking about buying Tumblr, it should be — It might seem a little early to start talking about potential Facebook acquisitions considering the social network just completed its $736-million purchase of Instagram, and its share price is still 40 percent lower than it was when the company went public.
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Kim-Mai Cutler / TechCrunch:
With Mobile Impressions, Tumblr Pushes Past 20 Billion Pageviews A Month
With Mobile Impressions, Tumblr Pushes Past 20 Billion Pageviews A Month
Discussion:
Betabeat, Softpedia News and The Verge
Bloomberg:
Fewer Cords Cut but Higher Customer Acquisition Costs for Dish — Blames Subscriber Losses on Telecom Rivals, Poor Economy — Dish Network, the second-largest U.S. satellite-TV provider, reported a surprise third-quarter loss and revenue that trailed analysts' estimates.
Discussion:
Cable Television News
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Reuters:
Dish Network reports loss on litigation costs
Dish Network reports loss on litigation costs
Discussion:
Associated Press and Deadline.com
Steven Jacobs / Street Fight:
AOL: Patch Remains on Path to Profitability, Expenses Cut 30% — Patch saw a 19% year-over-year bump in traffic during September, bringing monthly unique visitors across the property to 11.9 million, according to AOLs second quarter earnings report. During its Q3 earnings call Tuesday …
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Jeff Bercovici / Forbes:
Christmas Coming Early For AOL Shareholders With $445M Dividend
Christmas Coming Early For AOL Shareholders With $445M Dividend
Discussion:
Reuters, PandoDaily, The Next Web, Media Decoder, MediaPost, AdAge, @jeffjohnroberts, AllThingsD, FishbowlNY and Poynter
Kim-Mai Cutler / TechCrunch:
Betaworks Launches Tapestry, A Way To Author Beautiful Smartphone Essays — About half a year ago, futurist, novelist and former Twitter media manager Robin Sloan meditated on what the future of storytelling might look like on smartphones. — The product of that was 'Fish …
Discussion:
AllThingsD
Justin Ellis / Nieman Journalism Lab:
The New York Times is trying to make its mobile apps more than simple containers for news stories — Each cycle, live election coverage serves as a premier testbed for online news. Now The New York Times is using it as a test bed for pushing news in apps beyond the rigid templates that have characterized the form.