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1:05 PM ET, February 6, 2013

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 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: Folio, MinOnline, @keachhagey and @mtoney
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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 …
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 …
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.
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
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 …
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.
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: New York Magazine
Bluefin Labs:
Bluefin Labs Joins Twitter: Getting to the Future of Social TV Faster  —  It's a big day for social television and for us at Bluefin Labs - we're announcing today that we're joining Twitter!  —  We've had an incredible time pioneering the field of social TV analytics over the last few years.
RELATED:
Caleb Garling / The Technology Chronicles:
Twitter buys digital bridge to television
Discussion: Bloomberg, Engadget and The Wrap
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.
RELATED:
Reed Stevenson / Bloomberg:
Apple ITunes Store Sells 25 Billion Song Downloads Over Decade  —  Apple Inc. said 25 billion songs have been downloaded from its iTunes digital music store.  —  ITunes Store now offers more than over 26 million songs for down load in 119 countries, Apple said in a statement today.
Discussion: Apple and VentureBeat
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 …
Agustino Fontevecchia / Forbes:
Liberty Global To Buy Virgin Media For $23B As Billionaire John Malone Challenges Murdoch  —  Liberty Global announced late Tuesday that it had reached an agreement to acquire Virgin Media of the U.K. for an enterprise value of $23.3 billion.  The deal pits billionaire John Malone against Rupert Murdoch …
 
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 Sponsor Posts: 
Search Marketing Expo News:
100 Internet Marketing Experts Speaking at SMX in NYC  —  More than 100 of the world's most knowledgeable internet marketers will present at Search Marketing Expo - SMX East, September 30 - October 2 in New York City.
Say Media / Say Daily:
How Digital Media Can Save Retail … I'll admit, I'm a digital native.  When I think about shopping, my mind goes online first - if not to buy, at least to check reviews and prices.
AdExchanger:
RockYou Raises New Funding To The Tune Of $10 Million  —  Inventory is where it's at for RockYou.  The company, which recently pivoted away from game publishing to focus on becoming a programmatic in-game video ad network …
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 More News: 
Ingrid Lunden / TechCrunch:
BBC Aims For More Int'l Growth, Releases First Worldwide Sports App For iOS, Android Coming Soon
Arif Durrani / Media Week:
PPA to publish combined print and digital figures for magazines
Loretta Chao / Wall Street Journal:
Brazil: The Social Media Capital of the Universe
Discussion: The Wall Blog
ABC News:
Guardian Australia funder says site will usher in era of open journalism
Discussion: TheAustralian and Guardian
Jasper Jackson / TheMediaBriefing:
Datawatch: News accounts for less then four percent of time spent online
Adi Robertson / The Verge:
Super Bowl online streaming viewership grows to 3 million in second year
Discussion: AdAge and Forbes
Jennifer Schuessler / ArtsBeat:
Mean Streets to Grub Street? Scorsese Films New York Review's 50th Anniversary
Discussion: bookforum.com
 Earlier Picks: 
Jeff John Roberts / paidContent:
Would you watch a video to access content? Selectable Media thinks so, expands to mobile
Discussion: NetNewsCheck Latest
Ben Flanagan / The National:
Viacom to invest in Arabic content and production
Tom McGeveran / Capital New York:
Notes on the media on the media  —  Prologue: If you hate-clicked …
Discussion: Daily Download
Andrew Beaujon / Poynter:
N.J. judge revives blogger vs. journalist debate
Discussion: rcfp.org and The Newspaper Guild
Andrea Morabito / Broadcasting & Cable:
Hammer to Oversee All NBCU Cable Entertainment Networks in Restructuring
Dana Rubinstein / Capital New York:
Court rules in favor of NYPD: ‘Times’ can't have addresses of handgun-license holders
Discussion: nycourts.gov, Poynter and The Wrap
Jeff John Roberts / paidContent:
“The brain of the New York Times, the body of BuzzFeed” — Slate's third act
 

 
From Techmeme:

Kristen Schweizer / Bloomberg:
Vivendi Sells Its 13% Beats Stake to Apple for $404 Million

Deepa Seetharaman / Reuters:
Amazon tests offering local services like assembly, installation, and repair from Seattle to New York and LA

Tom Bell / The Portland Press Herald:
Scrap the mystery: High-tech vision for Google barge crumbles in a heap

 
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