Mediagazer: Maybe Don't Talk S**t About Ads If You Make Money On Affiliate Links [Updated] (Kelly Faircloth/Betabeat)

1:20 AM ET, February 14, 2013

Top News:

Time Warner in talks to part ways with Time Inc. — FORTUNE — Media giant Time Warner has begun discussions to separate itself from Time Inc., its $3.4 billion (in annual revenue) publishing division, according to three people familiar with the matter. A serious buyer is in talks with the company, one of the sources says.

Jeff Bercovici / Forbes:

Time Warner Shopping Time Inc. Likely Price Tag? Try $2.5 Billion — Time Inc., America's biggest magazine publisher, is for sale — sort of. Fortune reports that parent Time Warner is in talks with a “serious buyer” to sell most of its periodicals — and who better to know than Fortune, being one of those periodicals?

Discussion: WWD Media Headlines and AdAge

AdAge:

Time Warner Reportedly in Talks To Sell Most of Time Inc. — Bank Said To Be Involved Has Ties to Warren Buffett — Time Warner is in talks to sell a large portion of its Time Inc. magazine division, including People, InStyle and Real Simple, according to a report Wednesday afternoon by Fortune.

Discussion: @matt_creamer, B&C, @romenesko and @natives

Wall Street Journal:

Time Warner in Talks to Divest Most Magazines to Meredith Corp. — Time Warner Inc. is in talks to divest most of its magazine group to Meredith Corp., say people familiar with the matter, keeping only Time, Sports Illustrated and Fortune titles. — Meredith, which owns magazines …

Discussion: FishbowlNY and @peterlauria3

Peter Kafka / AllThingsD:

Time Warner Put the “For Sale” Sign on Time Inc. Last Fall — People have been wondering for a long time when Time Warner would sell off Time Inc. And for a long time, whenever anyone asked CEO Jeff Bewkes or senior management about the publishing company, they'd inevitably say something like “we like it, we're keeping it.”

Discussion: @michaelwolffnyc

Simone Foxman / Quartz:
Why does Time Warner want to get rid of its most profitable magazine?

Discussion: Fortune and Deadline.com

Knight Foundation:

Knight Foundation regrets paying Lehrer speaking fee — On Tuesday, the Knight Foundation paid Jonah Lehrer to speak at a community foundation conference. In retrospect, as a foundation that has long stood for quality journalism, paying a speaker's fee was inappropriate.

Discussion: JIMROMENESKO.COM and The Huffington Post

Jonah Lehrer:

My Apology — I'd like to begin by thanking the Knight Foundation for the invitation to speak. — I've been asked to give a talk about decision-making. I'm going to focus today on bad decisions, on the causes and repercussions of failure. The failure I'll be talking about is my own.

Discussion: @rsingel, @kbandersen, @nedraggett, @eugenephoto, @mattbuchanan, @rubinafillion, @janchip, @damiengwalter, @jonahlehrer and Poynter

Jeff Bercovici / Forbes:

It Sure Doesn't Sound Like Jonah Lehrer Is Donating That $20K Speaking Fee To Charity — Jonah Lehrer's appearance at a Knight Foundation event Tuesday was supposed to be the first step in a rehabilitation culminating in his return to the welcoming arms of the journalism profession.

Discussion: New York Magazine, International Business Times, Boing Boing and Strange Attractor

Craig Silverman / Poynter:
Jonah Lehrer falls into familiar pattern, fails to face his reckoning

Discussion: ArtsBeat, lamag.com, BuzzFeed, @stevebuttry, The Week, Knight Foundation and New York Magazine

Felix Salmon:

Blogonomics, Maria Popova edition — Back in May, Kickstarter looked as though it was moving upmarket. Following Bob Lefsetz's lead, I said that “while Kickstarter was originally embraced by the undiscovered and impecunious, its greatest potential, in the music industry …

Discussion: @maoxian, @niubi, @sdkstl and @profjeffjarvis

Kelly Faircloth / Betabeat:

Maybe Don't Talk S**t About Ads If You Make Money On Affiliate Links [Updated] — Ms. Popova's omnipresent avatar. (Image: Twitter) — Brain Pickings' Maria Popova is a little like the brainier counterpart to the Oatmeal's Matthew Inman: She's got her haters, but she's also hugely popular …

Discussion: http://on-advertising …, @sdkstl, @nexttechblog, Melville House Books, @betabeat, @mattbuchanan, Get Off My Internets and @felixsalmon

William Turvill / Press Gazette:

The accused: At least 55 UK journalists arrested since April 2011 — At least 55 journalists have now been arrested in the last two years as a result of police investigations stemming from the phone-hacking scandal. On 13 February, a further six former News of the World journalists …

Discussion: Guardian, Hollywood Reporter and @iainoverton

Lisa O'Carroll / Guardian:
Phone-hacking inquiry: Sun's Fabulous and northern features editors arrested

Discussion: Crikey and Softpedia News

Press Gazette:
Six former News of the World journalists arrested in phone-hacking probe are named

Discussion: @bbcbreaking, CNN, @skymartinbrunt, @kevin_maguire, @dannyshawbbc, The Huffington Post, UK News and Opinion, Sky News, BBC and TheJournal.ie

Tom Pakinkis / Music Week:

Rightsholders should be paid for online radio plays, says Aussie court — Rightsholders should be paid additional fees for plays via online simulcasts - where a radio station is broadcast via the internet as well as on the airwaves, Australia's Federal Court has ruled.

Discussion: Billboard, Computerworld News …, radioinfo, The Music Network and Home theMusic.com.au

Jennifer Booton / Fox Business:

Thomson Reuters To Slash 2,500 Jobs, 4% of Workforce — Thomson Reuters (TRI) plans to cut 2,500 jobs this year, or 4% of its global workforce, as it continues to axe costs as part of a larger overhaul. — The company said on Wednesday that it expects to spend about $100 million on severance costs …

Discussion: Reuters, Agence France Presse, Thomson Reuters, Wall Street Journal, The Dividend Daily and Talking Biz News

Jennifer Saba / Reuters: Thomson Reuters revenue outlook disappoints

Joe Pompeo / Capital New York:

‘Times’ names Rick Berke senior editor and director of video content development — The New York Times has made Rick Berke's departure from the masthead and move into video content official. — Berke, previously an assistant managing editor, has been appointed senior editor and director …

Discussion: Politico