Mediagazer: Time Warner Reports Higher Fourth-Quarter Earnings, Raises Dividend (Georg Szalai/Hollywood Reporter)

3:05 PM ET, February 6, 2013

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, Folio, MinOnline, @keachhagey and @mtoney

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.

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: Reuters, Home Media Magazine and Bloomberg

Georg Szalai / Hollywood Reporter:
Time Warner Reports Higher Fourth-Quarter Earnings, Raises Dividend

Discussion: Reuters, @pkafka, International Business Times and Deadline.com

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, Techdirt and Popehat

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

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

Jennifer Schuessler / ArtsBeat:
Mean Streets to Grub Street? Scorsese Films New York Review's 50th Anniversary

Discussion: bookforum.com

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

Ryan McCarthy / Reuters:

Another blog post that won't make any money — It's been a strange and daunting decade for print journalism — it's now an even stranger time for web journalism. We've become accustomed to reading headlines like BuzzFeed's recent $19 million fund raising, followed by news of buyouts for veterans at the New York Times.

Thanks:@mccarthyryanj

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

Brooks Barnes / Media Decoder:
Profit Slides 6% at Disney as Movie and TV Divisions Lag

Discussion: Forbes, Home Media Magazine, /Film, The Wrap, Softpedia News, Speakeasy and CNET

Kara Bloomgarden-Smoke / The New York Observer:

Journalists Take Refuge in The World of Branded Content — Until December, Melissa Lafsky Wall was the editor of Newsweek's iPad edition, a job she landed on the strength of bylines in The New York Times, Salon, Wired and The Christian Science Monitor, as well as editing stints at the Huffington Post and the Freakonomics blog.

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.

Discussion: Engadget and Bloomberg