Mediagazer: David Cameron tells editors to set up regulator quickly (BBC)

8:05 AM ET, December 4, 2012

Top News:

The Daily didn't fail-Rupert gave up — When you're as wealthy as Rupert Murdoch ($9.4 billion) and you control a company as resource-rich as News Corp (market cap $58.1 billion), shuttering a 22-month-old business like The Daily doesn't signify failure as much as it does surrender.

Discussion: Media Decoder, Forbes, Talking Biz News, CJR and Daring Fireball

Alexis C. Madrigal / The Atlantic Online:

3 Theses About The Daily's Demise — The only way to even *know* what readers might like is to allow them to read and share on the open Internet. — Knowing what it's like inside a media company, let me state up front that there are epistemological problems in deciding from the outside why The Daily failed.

Discussion: GigaOM, New York Magazine and Poynter

Jeff Jarvis / Guardian:
The Daily closes shop: why the news app was doomed from the start

Discussion: Nieman Journalism Lab, Capital New York, Garcia Media and Fortune

Jim Romenesko:
Why The Daily Failed — Trevor Butterworth, who wrote about tech …

Discussion: New York Magazine, AdAge, Digits, Guardian, CNNMoney.com, AllThingsD, PandoDaily, Adweek, TPM IdeaLab, ReadWrite, Gizmodo, International Business Times, Quartz, The Awl, Politico, The Next Web, Talking Points Memo and Business Insider

Ken Doctor / Newsonomics:
Nine Questions on the News Corp Split: The Rise of Twenty-First Century Fox and The Daily's Demise

Discussion: Digiday, Guardian and Hollywood Reporter

John McAfee / Who is McAfee?:

Another Apology. — I openly apologize to Vice Magazine for manipulating their recently published photo. I have been ferocioously put my place by Mr. Rocco for “interfering” with the objectivity of their reporting. I, for my own safety, manipulated the xif data on the image taken from my cellphone …

Discussion: VICE, Softpedia News, Mashable!, CNET, SocialTimes, Guardian, Daily Dot, Gawker, Naked Security, The Next Web, Wired and Betabeat

Jeremy A. Kaplan / Fox News:

Magazine editors helped John McAfee flee Belize — John McAfee, the founder of the antivirus company that still bears his name, seen in his hacienda in Belize.JEFF WISE — Former tech pioneer John McAfee says he has fled Belize, where he is wanted by police in connection with a murder — and two magazine editors have helped him run.

Alex Wilhelm / The Next Web:
Vice leaves metadata in photo of John McAfee, pinpointing him to a location in Guatemala

Discussion: Gizmodo, @katz and Guardian

Reuters:

Cameron: clock ticking for newspapers to clean up act — (Reuters) - Prime Minister David Cameron demanded newspaper editors come up with an effective system of self-regulation urgently on Tuesday following a damning inquiry into the reporting practices of Britain's scandal-hungry press.

BBC:

David Cameron tells editors to set up regulator quickly — Lord Hunt: “It's a great opportunity and the industry must seize it” — The prime minister has met newspaper editors and says he told them to act quickly to set up a new press regulator in the wake of the Leveson report.

Discussion: Guardian, Guardian, Online Journalism Blog, Sky News, @gallaghereditor, @gallaghereditor and Press Gazette

Robert Andrews / paidContent:

Forecast: Internet ad spend will outstrip all print in 2015 — 2015 is the year when internet advertising spend will overtake combined newspaper and magazine ad spend globally, according to ad group ZenithOptimedia's latest forecast. — That mark has already been passed in some countries, but not on a worldwide basis.

Discussion: NetNewsCheck Latest, BtoB Magazine and Wall Street Journal

Tony Silber / Folio:

Hearst: Making Headway on Mobile but Still Bullish on Print — Company likely to test new print mag in 2013, despite 800,000 paid mobile subs. — Hearst Magazines has 800,000 paying app customers, and 80 percent of them are new to Hearst brands, making mobile devices, including tablets and smartphones …

Discussion: NetNewsCheck Latest and Mashable!

Hans Nichols / Bloomberg:

Obama Said to Consider Vogue Editor Wintour for U.K. Embassy — President Barack Obama is considering nominating Anna Wintour, the editor-in-chief of Vogue, to be either his next ambassador to the U.K. or France, as he looks to reward his biggest fundraisers with embassies that never seem out of fashion …

Discussion: The Daily Beast and New York Magazine

Jeff John Roberts / paidContent:

BuzzFeed's latest: Is this the future of magazines? — What happens if you cross the editorial precision of a magazine with the latest bells and whistles of web publishing? Viral site BuzzFeed hopes the answer looks like the long-form feature it published last week on the history of video games.

Shalini Ramachandran / Wall Street Journal:

Time Warner Cable CEO Lashes Out at Program Costs — Time Warner Cable Inc. Chief Executive Glenn Britt issued a stern warning to entertainment companies Monday, saying he will take a “hard look” at each programming contract and drop television channels that “cost too much relative to the value of the service.”

Discussion: bizjournals

Steven Swinford / Telegraph:

Met Police ignored “vociferous” phone hacking warnings from own detectives — Senior detectives have questioned the Metropolitan Police's version of events over phone hacking after claiming that “vociferous” warnings were ignored and that official records are “inaccurate”.

Henry Blodget / Business Insider:

These Numbers Show Why The New York Times Is Firing More Journalists — The New York Times announced another round of newsroom cost cuts this morning, with editor Jill Abramson seeking voluntary resignations from 30 senior editors. — If 30 editors don't accept the buyouts, the NYT will proceed to involuntary firings.

Discussion: The Week, JIMROMENESKO.COM, New York Magazine and Capital New York