Mediagazer: Time Warner Cable Drops Current TV Upon Sale To Al Jazeera (Michael Calderone/The Huffington Post)

3:55 PM ET, January 3, 2013

Top News:

Brian Stelter / Media Decoder:

Time Warner Cable Says It Will Keep ‘Open Mind’ on Reinstating Al Jazeera — Time Warner Cable minced no words when it announced on Wednesday night that it was dropping Current TV, just hours after Al Jazeera acquired the channel. “Our agreement with Current has been terminated …

Discussion: Media Decoder, Tampa Bay Times and @jackshafer

Michael Calderone / The Huffington Post:

Time Warner Cable Drops Current TV Upon Sale To Al Jazeera — NEW YORK — Time Warner Cable pulled the plug on Current TV just hours after news of the cable channel's sale to Al Jazeera became official. “This channel is no longer available on Time Warner Cable,” read an on-screen message where Current TV used to be found.

Discussion: Los Angeles Times, Guardian, Business Insider, Kirk LaPointe's … and Media Decoder

Janko Roettgers / GigaOM:
Bad news for cord cutters: Al Jazeera America won't be live streamed online

Discussion: BBC

Brian Stelter / Media Decoder:
Al Jazeera Seeks a U.S. Voice Where Gore Failed

Nicholas Carlson / Business Insider:
Glenn Beck Tried To Buy Al Gore's Current TV, Which Instead Sold To Al-Jazeera For $500 Million

Discussion: The Wrap, @mlcalderone and TVNewser

Felix Salmon:

Andrew Sullivan goes it alone — The big media news of the day is that Andrew Sullivan is taking his team, going independent, and running the Daily Dish as a standalone business. It's a risky move, but it's not that risky. And I like the direction he's moving in, for a number of reasons.

Adi Robertson / The Verge:

Andrew Sullivan raises over $100,000 for ad-free blog in first six hours — Shortly after announcing that he would be leaving The Daily Beast and moving to a purely subscription-based business model, blogger Andrew Sullivan says he has seen “amazing” results. “We're well into the six figures,” he tells TechCrunch.

Discussion: TechCrunch, @binarybits, Guardian, parislemon and PandoDaily

Laura Hazard Owen / paidContent:

Sullivan's new Dish raises $333,000 from over 11K people in first 24 hours — On Thursday, Andrew Sullivan pronounced himself “somewhat gob-smacked” by readers' response to his immensely popular blog the Dish leaving the Daily Beast, going independent and charging $19.99 a year.

Discussion: The Daily Dish, PSFK and Guardian

Jason Del Rey / AdAge:

Buzzfeed Raises $19.3 Million to Make LOL Content for the Social Web — Building a Giant War Chest That Signals Greater Ambitions — Buzzfeed set out to re-invent the notion of content for the social web by allowing pictures of cute animals to co-exist with serious political coverage.

Discussion: Media Decoder, BuzzFeed, FishbowlNY, Adweek, @buzzfeedben, Fortune, The Wrap, Hollywood Reporter, VentureBeat, TechCrunch, The Next Web, @peterlauria3, paidContent, Business Insider, SocialTimes and AllThingsD

Alyson Shontell / Business Insider:

BuzzFeed Is Now Valued At ~$200 Million, But Investors Think It Has Billion-Dollar Potential — BuzzFeed, a media company that makes viral content, announced a $19.3 million fundraise this morning. — Last January, it announced a $15.5 million round, and it has raised $46.3 million to date.

Patrick Smith / TheMediaBriefing:
Cats, politics, $46 million in funding and a UK launch: It's time to start taking Buzzfeed seriously

Discussion: Bloomberg and VatorNews

Jeff Bercovici / Forbes:

The Atlantic Will Experiment With Online Pay Models In 2013 — The Atlantic is two things every legacy publishing company would like to be: profitable and more reliant on digital advertising revenues than on print. But while that may have been good enough in 2012, for 2013 the magazine has a new goal …

Discussion: Capital New York, Politico, NetNewsCheck Latest, @dylanbyers, @rajunarisetti and @keachhagey

Nat Ives / AdAge:

Digital Cracks 50% of Ad Revenue at Wired Magazine — First for the Title Is an Encouraging Sign for the Industry — Digital contributed half of all ad revenue at Wired magazine in the final three months of 2012, a first for the title and an encouraging sign for an industry …

Leslie Kaufman / Media Decoder:

Barnes & Noble Reports Tepid Holiday Sales — 9:44 a.m. | Updated Barnes & Noble on Thursday reported disappointing holiday sales for the nine-week period ending Dec. 29, particularly for its struggling e-reader business. — Retail sales from the company's bookstores and its Web site …

Discussion: Business Wire, PublishersWeekly.com, AllThingsD, Electronista, TechCrunch, paidContent and AppNewser

Michael Calderone / The Huffington Post:

Washington Post Video Channel To Launch Online — NEW YORK — The Washington Post announced plans Thursday to launch an online political channel in Summer 2013. Marty Baron, who took over this week as the paper's executive editor, told staff in a memo that the channel's …

Discussion: Politico, @wapoombudsman and @jeffsonderman

Brian Stelter / Media Decoder:

Michele Norris to Return to NPR in New Role — Updated Michele Norris, the NPR host who took a 15-month leave of absence while her husband worked for the Obama campaign, will return to the public radio network in February, NPR said Thursday. — But Ms. Norris, one of NPR's most familiar voices …

Discussion: JIMROMENESKO.COM and FishbowlDC