Mediagazer: News Corp. says its split-up is on track (Joe Pompeo/Capital New York)

8:10 AM ET, February 7, 2013

Top News:

Andrew Pugh / Press Gazette:

Phone-hacking scandal: News Corp costs rise to $360m — Figures released by News Corp today reveal the enormous ongoing financial impact of the News of the World phone-hacking scandal. — In the three months to 31 December the company incurred $56m (£35.7m) in costs relating to phone-hacking …

Discussion: Guardian

Joe Pompeo / Capital New York:

News Corp. says its split-up is on track — The separation of Rupert Murdoch's News Corp. into two separate publicly traded companies is on track to be completed by the end of the current fiscal year, executives said today. — On a quarterly earnings call with Wall Street analysts …

Discussion: Poynter, NetNewsCheck Latest, Forbes, Media Week and New York Magazine

Amy Chozick / Media Decoder:

News Corp. Posts Gain on Strength of Cable Channels — 8:54 p.m. | Updated Strong growth at News Corporation's cable channels FX, Fox News and regional sports networks helped the company more than double its net income in the three-month period that ended Dec. 31, offsetting lingering costs related …

Discussion: Broadcasting & Cable, AdAge, Home Media Magazine and The Wrap

Colin Kruger / Sydney Morning Herald:

News Corp shares fall as publishing struggles — News Corp shares fell in local trading today - despite the media group beating second quarter earnings expectations - after the company downgraded its outlook due to underperforming businesses including its Australian publishing arm.

Discussion: ninemsn and Crikey

Lisa O'Carroll / Guardian: News International rushes to settle phone-hacking claims ahead of hearing

Ryan McCarthy / MediaFile:

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.

Discussion: @niemanlab, @wfrick, @mathewi and @jeffjarvis, Thanks:@mccarthyryanj

Mathew Ingram / paidContent:

Business Insider vs. Digiday: One man's aggregation is another man's traffic hijacking — Plagiarism. Copyright infringement. Traffic hijacking. These are all terms publishers like to use when someone excerpts their content without permission, whether it's Google News or The Huffington Post.

Discussion: Poynter, PandoDaily and Digiday, Thanks:@mathewi

Henry Blodget / Business Insider: Thank You For Aggregating Us!

Christine Haughney / Media Decoder:

Magazines React to Post Office Cutbacks: ‘The Friday Evening Post’? — Updated The magazine industry, which has already been hurt by advertising declines and the loss of readers, spent Wednesday afternoon reeling from the latest news that they no longer would be able to get magazines delivered on Saturdays.

Discussion: magazine.org, Democrat And Chronicle, Home Media Magazine, New Yorker, BtoB Magazine and AdAge

Andrew Beaujon / Poynter:
Newspapers, magazines will have ‘not-great’ choices as USPS plans to end Saturday delivery

Neal Ungerleider / Fast Company:

How Jihadists Use Twitter, And Soon Even Instagram — A new research paper tracks how and why Al Qaeda-linked terrorist organizations and their sympathizers use social media. — Violent jihadists prefer foreign-language online web forums for their online social networking …

Discussion: The FJP

Josh Halliday / Guardian:

Operation Elveden: ex-police officer charged over Sun payment claims — CPS says Alan Tierney should face trial over allegations he leaked the details of two police cases to the paper in 2009 — A former Surrey police constable has been charged with two counts of misconduct in public office …

Discussion: The Independent, Associated Press, Telegraph, Huffington Post UK and BBC

Andrew Pugh / Press Gazette:

Sky News Arabia Twitter accounts hacked by ‘Syrian Electronic Army’ — One of Sky News Arabia's Twitter accounts — Sky News Arabia's Twitter and Facebook accounts were targeted by hackers last night, the broadcaster has revealed. — A group calling itself the “Syrian Electronic Army” …

Discussion: Softpedia News

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.

Discussion: Forbes, The Awl and Kirk LaPointe's …

Peter Kafka / @pkafka:

Streaming video deals from Netflix, Amazon, etc generated $350m for Time Warner last year.

Amy Chozick / Media Decoder:
Cable TV Revenue Helps Spur Time Warner Profit

Discussion: Media & Entertainment, Reuters, Hollywood Reporter, Home Media Magazine, Bloomberg, International Business Times, Deadline.com and Hollywood Reporter

Andrew Beaujon / Poynter:

Copy editors ‘have been sacrificed more than any other newsroom category’ — The decline of newspapers has fallen especially hard on copy editors, Natascia Lypny writes. … The figures are actually worse if you go back another few years: ASNE's annual survey of newsrooms, released last April …

Discussion: The Newspaper Guild