Mediagazer: Nate Silver receives the adulation of New York's media demimonde in Nick Denton's Soho loft (Glynnis Macnicol/Capital New York)

10:40 PM ET, November 15, 2012

Top News:

Tara Conlan / Guardian:

BBC rules out costly search for George Entwistle replacement — BBC Trust chairman Lord Patten and trustees will not follow lengthy search and interview process for next director general — Lord Patten, the BBC Trust chairman, and fellow trustees have ruled out another lengthy and costly search …

Sky News:
Lord McAlpine And BBC Reach Settlement

Discussion: Poynter

Paul Sonne / Wall Street Journal:
BBC Faces Probe Over Abuse Scandal

Discussion: @skynewsbreak, Press Gazette, Media Decoder and New York Times

Martin Robinson / Daily Mail:
Lord McAlpine to sue Twitter users who called him a paedophile as BBC agrees taxpayer-funded payout for Newsnight slur

Discussion: @iankatz1000 and @lisaocarroll

Jessica Roy / Betabeat:

Social Media Companies Have Absolutely No Idea How to Handle the Gaza Conflict — After announcing their intention to attack Hamas on Twitter, the Israeli Defense Force began military operations in Gaza yesterday. The Alqassam Brigades, Hamas's military arm, also has a Twitter account …

Discussion: Wired, Daily Dot, WorldViews, The Verge, Ynetnews, BBC, AllThingsD, Red Alert Politics, Mother Jones, BAGnewsNotes, Wired, GigaOM, Forbes, Poynter, IDF Blog, Betabeat, New York Times and The Huffington Post

Andy Greenberg / Forbes:
Anonymous Hackers Hit Israeli Sites In Retaliation For Gaza Attacks

Discussion: CNN, Betabeat and The Other McCain

Nick Bilton / NYT Bits:
In Israeli Attack on Hamas: Shock, Awe and Social Media

Discussion: Foreign Policy, The Wrap, The Daily Beast, The Week, The Corsair, KDVR.com, GigaOM, The Hill, Softpedia News, The Stream and BuzzFeed

Chris O'Shea / FishbowlNY:

Guy Fieri Responds to Pete Wells: ‘He Had an Agenda’ — Guy Fieri got his restaurant blasted by Pete Wells in The New York Times, so this morning he went on the Today show to defend his food and American Bar and Grill. Fieri said that Wells' review was over the top, and that it seemed …

Discussion: Gawker, AdAge, TVNewser and 10,000 Words

Amy Chozick / Media Decoder:

Viacom Profit Increases, but Movie Division Hurts Revenues — Viacom's net income for its fiscal fourth quarter increased by 12 percent, while its revenue fell 17 percent as a result of a decline in domestic advertising revenue and a corporate strategy to release a diminished slate of movies through its Paramount Pictures studio.

Discussion: Home Media Magazine, Hollywood Reporter and Radio & Television …

Jennifer Saba / Reuters: Viacom posts higher profit; CEO says MTV is not broken

Ryan Chittum / CJR:

Marcus Brauchli's impossible task — The Post's ultimate problem is the business side, not the newsroom — I can't think of any editor whose last few years ran headlong into the financial collapse of the newspaper industry more than Marcus Brauchli's. — Brauchli got the top job …

Discussion: Erik Wemple, Capital New York and Media Decoder

Andrew Beaujon / Poynter:
Brauchli's wife: Washington Post has become 'place where you can't speak truth to power'

Discussion: City Desk

Jim Romenesko:

How Elizabeth Spiers got Mediabistro noticed - then failed to profit from its sale — When Mediabistro was sold in 2007, I told some people that I thought Elizabeth Spiers deserved at least a few of the millions that Laurel Touby took to the bank. — Touby (left) and Spiers

Discussion: The Awl

Penelope Green / New York Times:
The Loft That Mediabistro Built

Discussion: Gawker, @real_kaplan, @laureltouby and @laureltouby

Ellis Hamburger / The Verge:

Exclusive: Spotify to begin rolling out browser-based music app in beta today — Spotify today plans to begin the roll out of its first ever browser-based music player, The Verge has learned from sources close to the company. From the looks of it, the web player looks a lot …

Discussion: TechCrunch, Features and Columns, Betabeat, PC Magazine, iDownloadBlog.com, The Next Web, SocialTimes, Gizmodo, WebProNews and hypebot

Ben Rooney / Wall Street Journal Europe: Spotify Valued at $3 Billion, but Where is the Missing Billion?

Ben Sisario / Media Decoder:

A Counterculture Totem to Return as a Leaner Magazine — From 2002 to 2008, Arthur was music's version of a literary-minded “little magazine.” Distributed free in record stores and coffee shops, it celebrated underground culture of all kinds and attracted writers like Alan Moore ("Watchmen" …

Discussion: The Awl and Arthur Magazine

Daniel Terdiman / CNET:

Hollywood bigwig Peter Chernin joins Twitter's board — The former News Corp. executive, who also helped launch Hulu, has become the eighth member of Twitter's board of directors. … Twitter said this afternoon that former News Corp. executive Peter Chernin has become the newest member of its board of directors.

Discussion: Lost Remote, AllThingsD, @twitter, The Verge and Digits

Ben Fritz / Los Angeles Times:

Variety lays off staff, plans to reduce frequency of publication — Variety has laid off nearly 20 staffers and will cut back on its print frequency. (Variety) — The new owner of Variety is laying off nearly 20 employees at the Hollywood trade paper while preparing to cut back on the number of times it prints each week.

Discussion: Deadline.com

Max Fisher / Washington Post:

The story behind the photo: Journalist's 11-month-old son killed in Gaza strikes — BBC journalist Jihad Masharawi carries his son's body at a Gaza hospital. (Associated Press) — The front page photo on Thursday's Washington Post tells, in a single frame, a very personal story …

Discussion: Telegraph, Gawker and The Huffington Post

Peter Kafka / AllThingsD:

Election Night Was a Second Screen Extravaganza — If you are reading this there are very good odds that you spent all or part of election night online. Because, why wouldn't you? — Still, here's some data that shows how commonplace that behavior was, beyond your personal filter bubble …

Discussion: Pew Research Center … and Lost Remote

Glynnis Macnicol / Capital New York:

Nate Silver receives the adulation of New York's media demimonde in Nick Denton's Soho loft — “It's like we've taken a time machine back to 2007,” remarked one guest as he mounted the staircase to the second-floor loft apartment of Nick Denton, lord of the Gawker Media empire.

Justin Ellis / Nieman Journalism Lab:

The New York Times' Chronicle tool explores how language — and journalism — has evolved — It's possible The New York Times is using the word “signature” too much. I'll let Philip Corbett, the paper's standards editor, explain: … As the guy in charge of standards …

Discussion: eMedia Vitals

Joe Pompeo / Capital New York:

The Daily News doesn't have a permanent office at the moment thanks to Sandy. And now it's down three key journalists, too, including at least one whose departure is sure to make waves within city-desk circles. — Tracy Connor, a longtime reporter and editor at the News and one of the driving forces …

Darrell Etherington / TechCrunch:

Aaron Sorkin's Steve Jobs Movie To Feature Just 3 Scenes In Real-Time Backstage At Product Launches — Anyone who has read the Walter Isaacson biography of Steve Jobs (or just followed his story over the years) knows there's a lot of source material to draw from when crafting a movie.

Discussion: The Daily Beast, Wired, The Wrap, 9to5Mac, Boing Boing and CNET