Mediagazer: News Corporation's Bid for a Stake in YES Would Value Channel at $3 Billion (Media Decoder)

10:15 PM ET, November 18, 2012

Top News:

At Washington Post, Katharine Weymouth Struggles for Surer Footing — At 11:45 a.m. last Tuesday, the editorial staff of The Washington Post was summoned on short notice to an announcement on the fifth floor of its building to hear something they already knew — that Marcus Brauchli …

Mathew Ingram / GigaOM:

Four things the Washington Post's new editor can do to avoid disaster — Now that the election is over, much of the talk in Washington media circles is likely focused on the other momentous change that has taken place: namely, the appointing of a new editor for the venerable Washington Post.

Discussion: Erik Wemple, Thanks:@mathewi

Reuters:

Gaza journalists wounded by Israeli attack on buildings — (Reuters) - Israeli aircraft hit two Gaza media buildings on Sunday, wounding eight journalists and drawing concern from press covering the fighting between Palestinian militants and the Jewish state.

Discussion: Reuters, New York Times, Associated Press, The Inquisitr, Associated Press, The Daily Beast and New York Magazine

Allison Deger / Mondoweiss:

Israel targets (and defends attacking) journalists in Gaza — Al-Quds TV cameraman Khader al-Zahhar after Israeli air strike on media building, Gaza, 18 November 2012. (Photo: Ali Hassan/Reuters) — Early this morning, just after dawn, the Israeli military targeted two media buildings in the Gaza Strip …

Discussion: Guardian, Reporters Without Borders, LNR Journalism and think locally act globally

Media Decoder:

News Corporation's Bid for a Stake in YES Would Value Channel at $3 Billion — News Corporation is on the verge of acquiring up to 49 percent of the YES Network from the Yankees and their partners, according to three people familiar with the negotiations. The purchase price …

Discussion: Cable Television News and Deadline.com

Katie Glueck / Politico:

Rupert Murdoch sorry for Jewish tweet — Rupert Murdoch apologized Sunday for a tweet in which he had singled out the “Jewish-owned press” for providing “anti-Israel” coverage. — “'Jewish owned press' have been sternly criticised, suggesting link to Jewish reporters,” the media mogul tweeted.

Discussion: Media Decoder, @rupertmurdoch, The Daily Beast, Slate, @rupertmurdoch, New York Magazine, Hollywood Reporter, Christian Science Monitor, Capital New York, The Raw Story, Gawker, Mediaite, The Moderate Voice, @pkafka, blogs.telegraph.co.uk, The Huffington Post and Mediaite

Nilay Patel / The Verge:

New Yorker TV critic Emily Nussbaum: ‘Social watching just sounds like wishful thinking’ — Somewhere in the past two decades, TV evolved from a wasteland rotting our minds into the premier medium for truly groundbreaking comedy, drama, and storytelling. Series like Buffy the Vampire Slayer …

Chris Ariens / TVNewser:

Major Garrett Named CBS News Chief White House Correspondent — Major Garrett, who left Fox News Channel two years ago for National Journal, is returning to TV and has been named Chief White House correspondent for CBS News. The announcement was made just now by Bob Schieffer on “Face the Nation.”

Discussion: The Huffington Post, FishbowlDC, @mlcalderone, @brianstelter, @mlcalderone and Broadcasting & Cable

Dalton Caldwell:

Twitter is pivoting — Peter Chernin had this to say during his days as President of News Corp, owners of MySpace, in 2006: … This was the justification and mentality that MySpace employed as they blocked various fast-growing platform partners that they felt impinged in MySpace's core user experience.

Discussion: TechCrunch, @jayrosen_nyu, @techsoc, Marco.org and @mathewi

Guardian:

BBC begins search for (another) director general — Trust chairman, Lord Patten, rules out lengthy process to find successor in wake of George Entwistle's 54 ill-fated days — When Lord Patten unveiled George Entwistle as the new man in charge of the BBC in July, he said it was the director general's job …

Paul Armstrong / GigaOM:

Media companies better embrace Project Glass because it's going to change everything — As consumer hardware goes, few items have had such an instantly polarizing effect as Google's Project Glass, the concept smart glasses (or, to be more precise, augmented reality head-mounted display) …

Thanks:@munkyfonkey

Christopher Mims / Quartz:

Spotify's plan for rescuing the music industry: let it fall apart first — Spotify, the music-streaming service, just scored a $100 million round of financing. That values the company at $3 billion—but Daniel Ek, its founder, probably isn't all that hung up on the fact that he's now the head …

Discussion: Pitchfork, TechCrunch, Wired and The Verge