Mediagazer: Massive News Corp. Restructuring: Robert Thomson Named CEO of New Spinoff; The Daily Folds as NY Post Survives (Jeff Bercovici/Forbes)

9:15 AM ET, December 3, 2012

Top News:

News Corp Is Shutting Down iPad-Only Newspaper The Daily — The latest News Corp press release says that the Daily, its standalone daily iPad newspaper, will “cease standalone publication”. — The newspaper had a high profile launch in February 2011, but had apparently struggled to pay its way …

Discussion: paidContent, The Huffington Post, @taylor_owen and @jeffjarvis

Katherine Rushton / Telegraph:

News Corp to split as top executive Tom Mockridge goes — News Corporation's most senior executive in Britain is to leave the company, as the media behemoth controlled by Rupert Murdoch accelerates plans to split into two, the Daily Telegraph can disclose. — Tom Mockridge …

Discussion: Poynter, @rupertmurdoch, @marksweney, @joshhalliday, Bloomberg, Guardian, Media Decoder, Nieman Journalism Lab, Financial Times, AllThingsD, @davidfolkenflik, @mlcalderone, New York Magazine and Wall Street Journal

Jeff Bercovici / Forbes:

Massive News Corp. Restructuring: Robert Thomson Named CEO of New Spinoff; The Daily Folds as NY Post Survives — Robert Thomson, newly anointed CEO of News Corp. (Image credit: Getty Images North America via @daylife) — After a long buildup of forces, the tectonic plates are shifting at News Corp.

Guardian:

Tom Mockridge's resignation email to News International staff — Chief executive's message to company personnel following formal announcement by Rupert Murdoch — First, I apologise that this message comes to you after the formal announcement by Rupert Murdoch late last night of my resignation …

Discussion: Media Week and The Wrap

Todd Cunningham / The Wrap:

Tom Mockridge, News International CEO, Steps Down After Being Passed Over — Tom Mockridge, the CEO of News International, the U.K. newspaper unit of Rupert Murdoch's News Corp., has resigned, the company announced Sunday night. — His exit, effective at year's end, comes amid reports …

Discussion: Guardian, Media News, Media Week, NetNewsCheck Latest and Guardian

George Szalai / Hollywood Reporter:

News Corp.'s Entertainment Business to Be Called Fox Group After Company Split — Dow Jones editor-in-chief Robert Thomson will become the CEO of the new publishing company, while Chase Carey's and James Murdoch's roles at Fox Group will remain unchanged. — Rupert Murdoch's News Corp …

Discussion: Deadline.com

A Edgecliffe-Johnson / @edgecliffe:

Jesse Angelo becomes publisher of the NY Post. The Daily ceases publication.

David Carr / New York Times:

A Stalwart of Time Inc. Packs Up — In the decade I've covered John Huey, I'd never once been to his magisterial office on the 34th floor of the Time & Life building. It is large and imposing in a way its occupant is not, an unlikely landing spot for an old newspaper hack.

Discussion: @megan

Anna Heim / The Next Web:

Pocket partners with Matter, brings deep journalism to its read-it-later platform — Read-it-later platform Pocket has closed its first publisher partnership with Kickstarter-funded media outlet Matter, the company announced today in a blog post. — Following the agreement …

Discussion: paidContent and Pocket Blog

Brian Stelter / @brianstelter:

NYT publisher announces he's asked newsroom to “identify significant cost savings - including buyouts - throughout The NYT Media Group.”

Ken Doctor / Nieman Journalism Lab:

The newsonomics of going deeper — The news industry appears to be having another one of its Admiral Stockdale moments. Who am I? Why am I here? — From Columbia's “Post-Industrial Journalism: Adapting to the Present” report ("A new Columbia report examines the disrupted news universe" …