Mediagazer: ‘Snow Fall’ Isn't the Future of Journalism (Derek Thompson/The Atlantic Online)

6:35 PM ET, December 21, 2012

Top News:

News Corp. Says Publishing Unit Lost Money — News Corp . said the publishing company it plans to spin off incurred losses last fiscal year and in the most recent quarter. — The media conglomerate, which plans to separate its entertainment businesses from its publishing businesses …

Discussion: Hollywood Reporter, Agence France Presse, New York Magazine, Los Angeles Times, Telegraph, paidContent and Reuters

Mark Sweney / Guardian:
News Corp's head of demerged newspaper arm may take home £2.5m

Discussion: The Wrap, NetNewsCheck Latest and The Wrap

Edmund Lee / Bloomberg:
News Corp. Publishing Business Lost $2.1 Billion

Discussion: Media Decoder and bizjournals

Sayantani Ghosh / Reuters:
News Corp files with U.S. regulators to split company

Discussion: Deadline.com

Peter Kafka / AllThingsD:

The Wall Street Journal Signs Up for Apple's Subscription Service — It took a while, but they're in: The Wall Street Journal is now selling digital subscriptions via Apple's “Newsstand” service. — That means Dow Jones' business newspaper has joined thousands of other magazines and newspapers …

Discussion: NetNewsCheck Latest, CNET, The Next Web, MacRumors, FishbowlNY, TUAW and Electronista

Erik Wemple:

NRA boss blames media — In a news conference still in progress, National Rifle Association Chief Executive and Executive Vice President Wayne LaPierre is shredding the media. Speaking to a crowded room of reporters and cameras, LaPierre referenced the killer in the Newtown shootings in Connecticut …

Discussion: Gawker, AdAge, Fast Company, Washington Post, Guardian, Capital New York, The Wrap, Mediaite, TechCrunch, Speakeasy, Erik Wemple, The New York Observer, The Atlantic Wire, VentureBeat, msnbc.com, BuzzFeed and Politico

Poynter:

Factcheck: NRA blames media for gun violence — At a Friday “press conference” (no questions were allowed), National Rifle Association Executive Vice President Wayne LaPierre provided the gun lobby's explanation for the shooting deaths of 28 people a week ago today in Newtown, Conn. Among LaPierre's culprits: the media.

Discussion: The Atlantic Wire, Guardian, BuzzFeed, The Raw Story and Mediaite

The Huffington Post:
Fox News Airs Partial Coverage Of NRA Press Conference

Discussion: The Daily Caller

Derek Thompson / The Atlantic Online:

‘Snow Fall’ Isn't the Future of Journalism — The New York Times' miraculous mega-multi-media feature “Snow Fall” is a triumph of reporting, design, and creativity. It was immediately hailed by much of the Internet as the “future of journalism.” It's not. And that's okay.

Discussion: GigaOM, The Editorialiste, PandoDaily, NetNewsCheck Latest and The Huffington Post

Rebecca Greenfield / New York Times:
What the New York Times's ‘Snow Fall’ Means to Online Journalism's Future

Discussion: Poynter, Matters of Varying … and Lean Back 2.0

Edmund Lee / Bloomberg Tech Blog:

The New York Times Paywall Is Working Better Than Anyone Had Guessed — The New York Times instituted a paywall on its website last year, a controversial move that has yielded great results. — Ever since the New York Times rolled out its so-called paywall in March 2011, a perennial dispute has waged.

Discussion: paidContent, Bloomberg and @zimbalist

Michael Calderone / The Huffington Post:

Michael Kinsley Returns To The New Republic As Editor-At-Large — NEW YORK — Michael Kinsley, who edited The New Republic for 20 years, is returning to the magazine in January as editor-at-large. Kinsley's return comes as the nearly 100-year-old politics and culture magazine relaunches …

Discussion: New York Magazine and FishbowlNY

Pamela McClintock / Hollywood Reporter:

Hollywood's January Violence Spree: Half of Films Show Guns Amid NRA Criticism — The entertainment industry is bracing for an outcry about violence in movies following the Newtown, Conn., school shooting; the NRA is already blaming film, TV and video games for portraying life as a “joke.”

Discussion: bizjournals

Joe Flint / Los Angeles Times: Getting dialogue started on violence not easy, ex-CBS exec says

Mark Sweney / Guardian:

Guardian price to rise by 20p — Price of weekday and Saturday editions to rise by 20p, to £1.40 and £2.30 respectively, from 12 January — The Guardian is to raise the price of its weekday and Saturday editions by 20p, to £1.40 and £2.30 respectively, from 12 January.

Jim Romenesko:

New York Times executive editor Jill Abramson: “My strategy is to protect our newsgathering muscles' — New York Times executive editor Jill Abramson told her staff at Thursday's “Grill Jill” session: — * “The size of our newsroom staff is about 1150 people, roughly the same size it was 10 years ago.

The New York Observer:

Spin Stops Print Edition — Just in time for the holidays, Spin's printing presses have officially stopped spinning. The music magazine, which started way back in 1985, announced today that print edition is officially no more. — After the magazine was acquired by Buzzmedia in July …

Discussion: The Daily Swarm, FishbowlNY, Adweek, New York Magazine, The Atlantic Wire, USA Today, Gizmodo, A.V. Club and Mashable!

Guardian:

Hugh Grant settles News of the World phone hacking claim — Actor will donate the sustantial damages he received from News International to Hacked Off campaign for press reform — Hugh Grant has received substantial damages from News International after settling his claim for phone hacking by the News of the World.

Discussion: The Wrap, The Huffington Post and BBC

Bruce Porter / CJR:

‘Lost and found’ follow-up — Editors' note: It has come to our attention that Marcy, the subject of Bruce Porter's article, “Lost and found,” in the November/December issue, was unhappy about having her saga retold in CJR, and claims that it repeated a number of factual errors from Porter's original Newsweek piece on Marcy in 1967.

Peter Kafka / AllThingsD:

TV Everywhere, for Real, for Now: NimbleTV Starts a New York Trial Run — “TV Everywhere” is supposed to let you watch whatever you want, wherever you want to watch it, on any device you want — as long as you pay for TV. — But the cable guys have been working at this for more than three years, and they still can't really deliver.

Discussion: Wired, mediabistro.com, NetNewsCheck Latest and TechCrunch