Top News:
Peter Kafka / AllThingsD:
Time Inc. Layoffs Will Cost $60 Million — Time Inc.'s move to lay off about 6 percent of its workforce will cost the company at least $60 million in restructuring charges this year. — Time Inc. corporate parent, Time Warner, disclosed the number as part of its guidance for its 2013 financials.
Discussion:
Home Media Magazine, Adweek, MinOnline, Folio, @keachhagey and @mtoney
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Eriq Gardner / Hollywood Reporter:
Time Warner CEO Jeff Bewkes Addresses Netflix Competition — Speaking on an earnings call, Bewkes plays down the company rival as a threat to HBO and dismisses suggestions of a Turner Sports Network and “contentiousness” with Legendary Pictures. — On a conference call after the announcement …
Amy Chozick / Media Decoder:
Cable TV Revenues Helps Spur Time Warner Profit — The cable television business helped propel Time Warner to a 51 percent increase in net income and offset weakness in magazine publishing and movies in the three months that ended Dec. 31. — The media company said Wednesday that an increase …
Discussion:
Media & Entertainment, Reuters and Bloomberg
Georg Szalai / Hollywood Reporter:
Time Warner Reports Higher Fourth-Quarter Earnings, Raises Dividend
Time Warner Reports Higher Fourth-Quarter Earnings, Raises Dividend
Discussion:
Reuters, @pkafka, International Business Times and Deadline.com
Andrew Beaujon / Poynter:
Newspapers, magazines will have ‘not-great’ choices as USPS plans to end Saturday delivery — The U.S. Postal Service intends to cut first-class delivery on Saturdays, CBS reported Wednesday. “That means most mailers, letters and catalogs would not arrive on Saturdays,” CBS' report reads.
Bloomberg:
Google Said in Talks to Invest $50 Million in Vevo Site — Google Inc.'s YouTube is negotiating a $50 million equity investment in music video service Vevo LLC, according to two people with knowledge of the situation. — Google would own less than 10 percent of the company …
Discussion:
VentureBeat, CNET, Silicon Valley Business …, Business Insider and FierceOnlineVideo News
Andy Fixmer / Bloomberg:
Katzenberg Says Mobile Viewers Will Pay by ‘Inch’ — Hollywood studios will eventually charge less for entertainment streamed to small devices, basing prices on screen size, DreamWorks Animation SKG Inc. (DWA) Chief Executive Officer Jeffrey Katzenberg predicted.
Discussion:
eMedia Vitals, PandoDaily, @bill_gross, @alexpham and CNET
Michael Calderone / The Huffington Post:
Wall Street Journal Reporters Urged To Write More Short Articles, ‘Fun Brites’ — Rupert Murdoch has always been fond of shorter articles in newspapers — something Journal staffers accustomed to writing deep, investigative stories worried about when he bought the paper in 2007.
Discussion:
JIMROMENESKO.COM and New York Magazine
John Biggs / TechCrunch:
Automattic Pulls A Customer's Posts After Plagiarist Claims Copyright Infringement [Update] — A blog called RetractionWatch has been hit by a DMCA copyright notice from an Indian website with a tendency to plagiarize, which claims ten posts about a disgraced doctor - all of them copied …
Discussion:
Ars Technica, Retraction Watch and Popehat
Lauren Kirchner / Capital New York:
At 50, ‘New York Review of Books’ celebrates the longevity of a magazine, and a mission — The first issue of The New York Review of Books came off the presses, famously, in February 1963, during the third month of a printers' strike that had shut down seven New York City newspapers …
Discussion:
Politico and Columbia Journalism Review
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Jennifer Schuessler / ArtsBeat:
Mean Streets to Grub Street? Scorsese Films New York Review's 50th Anniversary
Mean Streets to Grub Street? Scorsese Films New York Review's 50th Anniversary
Discussion:
bookforum.com
Laura Hazard Owen / paidContent:
Amazon wins broad patent to create marketplace for used digital content — Amazon has won a patent for an “electronic marketplace” where users can resell digital content. The company had filed for the patent in 2009 and it was awarded on January 29, 2013. — GeekWire first reported the news.
Discussion:
CNET, Forbes, Pocket-lint, ZDNet and NetNewsCheck Latest
Jemima Khan / New Statesman:
The inside story of how Julian Assange alienated his allies — I passed through Los Angeles recently on my way to the Sundance Film Festival. I don't know the place well, but it always feels to me as if it is in limbo and has never grown into a proper city: a municipal playground, populated by restless kidults.
Discussion:
@aljwhite
Guardian:
Disney considers ESPN exit from British TV sports coverage — Disney's Jay Rasulo says ESPN had ‘experienced losses’ and was ‘exploring an exit’ after losing out on big broadcast deals — Disney is “exploring an exit” from the UK TV sport market after ESPN lost several big broadcast deals including live Premier League football.
Discussion:
Financial Times, International Business Times and Digital Spy
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Brooks Barnes / Media Decoder:
Profit Slides 6% at Disney as Movie and TV Divisions Lag
Profit Slides 6% at Disney as Movie and TV Divisions Lag
Discussion:
Home Media Magazine, /Film, CNET, The Wrap, Speakeasy and Softpedia News
Caleb Garling / The Technology Chronicles:
Twitter buys digital bridge to television — Twitter has bought BlueFin Labs, a software company that analyzes conversations on the Internet about television programming so brands and networks can make intelligent strategy decisions, in an effort to bridge the gap between the micro-blogs presence on the web and the outside world.
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Lisa O'Carroll / Guardian:
News International rushes to settle phone-hacking claims ahead of hearing — Publisher of now-defunct News of the World attempts to close down scandal before court hearing as new claims are launched — Rupert Murdoch's News International is making a concerted effort to close down the News …