Mediagazer: Apollo in Talks on McGraw-Hill Unit (Wall Street Journal)

9:35 AM ET, November 7, 2012

Top News:

Mike Isaac / AllThingsD:

On Election Day 2012, Twitter Kills The Great White Fail Whale — In one pithy, three-word sentence, Twitter creative lead Doug Bowman summed up the microblogging service's election day perfectly. — “RIP Fail Whale.” — Indeed, all throughout November 6th, that cutesy …

Discussion: Betabeat, Twitter Blog, Reuters and Mashable!

New York Times:

Presidential Network Calls

Discussion: Quartz

Frazier Moore / Associated Press:

ABC's Diane Sawyer spurs jokes from Twitterverse — NEW YORK (AP) — Diane Sawyer's Election Night performance left some viewers asking if she had begun celebrating Tuesday's election a bit early. Co-anchoring ABC News' coverage, the veteran journalist struck a different manner from her practiced, straight-news-delivering style.

Discussion: Gawker and The Atlantic Wire

Julie Moos / Poynter:

25 election front pages let pictures speak louder with words — Photography dominated most of today's front pages, with very few words announcing President Obama's re-election. Several of the papers below illustrate the power of a single word. A few papers (shown at bottom) …

Jeff Sonderman / Poynter:
News orgs innovate with election coverage

Discussion: MediaShift, The Wrap, Media News, GigaOM, Reuters, GeekWire, Forbes, @jaredbkeller, The Huffington Post, New York Times and CNET

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, CJR, Quartz, Telegraph, @felixsalmon, Reuters, @dansabbagh, @dansabbagh, Bookseller news and FT Alphaville

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

Discussion: Talking Biz News

Katherine Fung / The Huffington Post:

Rachel Maddow Rips Karl Rove On Fox News — Rachel Maddow ripped Karl Rove for disputing President Obama's victory on Fox News on Tuesday night. Fox News had called the election for Obama when Rove, a Fox News contributor, began to argue with the network about the announcement.

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 …

Discussion: The Huffington Post, @huffpostmedia and www.wnyc.org

Michael Calderone / The Huffington Post: Fox News Election Coverage: Questions Turn From President Obama's Victory To 2nd Term Mandate

Samuel Rubenfeld / Wall Street Journal:

News Corp Takes $67 Million Charge on Phone-Hacking Scandal — News Corp . said Tuesday that it took a $67 million charge on its quarterly results related to an ongoing investigation into a series of scandals that it initiated when the company closed its weekly tabloid, News of the World.

John Jannarone / Wall Street Journal:
News Corp. Earnings Boosted by Gain

Discussion: AllThingsD and Sydney Morning Herald

Paul Bradshaw / Online Journalism Blog:

The US election was a wake up call for data illiterate journalists — So Nate Silver won in 50 states; big data was the winner; and Nate Silver and data won the election. And somewhere along the lines some guy called Obama won something, too. — Elections set the pace …

Discussion: TechCrunch, Poynter, Politico, Newsday, Mashable!, CNET, Slate, Charlie Beckett and The New Republic

Margaret Sullivan / @sulliview:
Nate @fivethirtyeight Silver has his very own dedicated copy editor tonight. And no one would begrudge such a thing, given his traffic.

Discussion: Forbes, AllThingsD, PandoDaily and VH1 Celebrity

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.

Kim-Mai Cutler / TechCrunch:
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

Reuters:
Dish Network reports loss on litigation costs

Discussion: Light Reading, Associated Press and Deadline.com

Wall Street Journal:

Apollo in Talks on McGraw-Hill Unit — McGraw-Hill Cos. has entered into exclusive discussions to sell its education unit to Apollo Global Management LLC, and the two sides could reach an agreement within a few weeks, people familiar with the matter said. — The final price …

Discussion: DealBook

Janko Roettgers / GigaOM:

Based on network traffic alone, Netflix handily beats Amazon, HBO & Hulu — Netflix may have had a tough time with investors, but it's still a big hit with consumers, with none of its competitors even coming close to it in terms of usage: That's one of the key take-aways of Sandvine's …

Discussion: NetNewsCheck Latest

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

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 …