Mediagazer: Cable Networks Help Time Warner's Quarterly Profit (Amy Chozick/Media Decoder)

2:50 PM ET, November 7, 2012

Top News:

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: Forbes, Poynter, PandoDaily, AdAge, Newsday, Gawker, CNET, The Wrap, GigaOM, Globe and Mail, Charlie Beckett, memeburn and @sulliview

Laura Hazard Owen / paidContent:

Why the NYT announced Obama's win 49 minutes after Obama did — Last night, as the results of the 2012 election rolled in, millions of Americans were glued to their TVs, computers and smartphones. But depending on what they were watching and reading, some of them were either breaking …

Discussion: Capital New York, Speakeasy, The Wrap, BBC, The New York Observer, Guardian and Rolling Stone

Trevor Butterworth / The Daily Beast:

Revenge of the Nerd: Nate Silver Is 2012's Other Winner — Like him or loathe him, Nate Silver is the election's other big winner. Trevor Butterworth on what that means for political reporting—and why Silver's reign might be short-lived.

Jeff Bercovici / Forbes:

Nate Silver's Biggest Critic Blames Botched Prediction, Romney's Loss On Hurricane Sandy — Correctly predicting the results of the presidential election in 50 out of 50 states makes Nate Silver look pretty smart — unless you're a dug-in critic, in which case maybe you just think it makes him look pretty lucky.

Discussion: Mashable! and Wired

Dan Rowinski / ReadWrite:
Nate Silver's Model Proves To Be Stunning Portrait Of Logic Over Punditry

Discussion: Slate and The Huffington Post

Gabriel Sherman / New York Magazine:

How Karl Rove Fought With Fox News Over the Ohio Call — Megyn Kelly in Fox's decision room. — Shortly before 5 p.m. yesterday, Fox News chairman and CEO Roger Ailes assembled his network's election team in a second floor conference room at Fox's midtown headquarters to discuss the night's coverage.

Discussion: @brianstelter

Will Oremus / Slate:

The Five Stages of Fox News Grief — In Fox News' election coverage Tuesday night, there was little pretense of fairness or balance. What there was, from the start, was a glum tone that turned downright funereal by the time Mitt Romney finally conceded, near 1 a.m. To watch the network's anchors …

Discussion: Capital New York, The Huffington Post, Poynter, New York Times and Tampa Bay Times

Katherine Fung / The Huffington Post:
Rachel Maddow Rips Karl Rove On Fox News

Discussion: Baltimore Sun and Chickaboomer

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

Discussion: New York Times

Amy Willis / Telegraph:
Republican Karl Rove calls Barack Obama Fox News projection ‘premature’

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

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 Nov. 6, that cutesy, once-ubiquitous cartoon …

Discussion: Twitter Blog, Media Decoder, Business Insider, Gizmodo, VatorNews, Betabeat, SocialTimes and Venture Capital Dispatch

Sam Youngman / Reuters:

Move over, Obama; Twitter had a big night too — (Reuters) - President Barack Obama called it - in less than 140 characters. Around 11:15 pm EST, just as the networks were beginning to call the race in his favor, Obama took to Twitter to proclaim himself the winner over Republican candidate Mitt Romney.

Discussion: PC Magazine, Mashable!, SocialTimes and Gizmodo

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) …

Discussion: Hollywood Reporter and New York Times

Erik Wemple:
MSNBC's Matthews says he's ‘glad we had that storm last week’

Discussion: Mediaite

Roy Greenslade / Guardian:

Arrested Sun journalists are between a rock and a hard place — Arrested Sun journalists are finding themselves caught between a rock and hard place as they contemplate their dilemma while on police bail. Some of them would like to help Scotland Yard police who are investigating …

Guardian: Mirror Group journalists questioned by company lawyers over alleged hacking

Chris Ariens / TVNewser:

Diane Sawyer Has Read Your Tweets, ‘The Good, Bad and the Funny’ — ABC's Diane Sawyer, trending for a time on Twitter last night for what some are calling oddball behavior during election coverage, has taken to Twitter herself, acknowledging the chatter about her.

Discussion: Hollywood Reporter and Lost Remote

Frazier Moore / Associated Press:
ABC's Diane Sawyer spurs jokes from Twitterverse

Discussion: Gawker and The Atlantic Wire

Amy Chozick / Media Decoder:

Cable Networks Help Time Warner's Quarterly Profit — A strong quarter at Time Warner's suite of cable networks contributed to the company's 1.9 percent increase in third-quarter net profit, but revenue was offset by continued weakness at its magazine and movie divisions.

Discussion: Home Media Magazine, FishbowlNY, Guardian, Reuters, MediaPost and The Wrap

Anthony Ha / TechCrunch:

DC Comics Announces Deals To Sell Digital Comics In Big Three E-Bookstores, Says Digital Sales Have Grown 197% — DC Comics is announcing the next big step in its digital plans today, saying it will sell monthly comics in the Kindle Store, iBookstore, and Nook Book Store.

Discussion: CNET

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.

Discussion: Wall Street Journal

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

Discussion: AllThingsD and Sydney Morning Herald

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

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.

Discussion: PandoDaily and Forbes

Kim-Mai Cutler / TechCrunch:
With Mobile Impressions, Tumblr Pushes Past 20 Billion Pageviews A Month

Discussion: Click Here Blog, Betabeat and Softpedia News

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.

Discussion: Guardian, Talking Biz News and FT Alphaville