Mediagazer: Time Warner-CBS Seen Candidate for Merger: Real M&A (Bloomberg)

11:30 AM ET, April 22, 2013

Top News:

Conservative Koch Brothers Turning Focus to Newspapers — Three years ago, Charles and David Koch, the billionaire industrialists and supporters of libertarian causes, held a seminar of like-minded, wealthy political donors at the St. Regis Resort in Aspen, Colo. They laid out a three-pronged …

Discussion: JIMROMENESKO.COM, Poynter, Gawker, Forbes, The Huffington Post, The Fix, Talking Biz News, Business Insider, Yahoo! News, Via Meadia, ThinkProgress, New York Magazine, Top Digital Journal News, Gothamist, Arkansas Blog, Arkansas Times, Deadline.com and New York Times

Amy Chozick / New York Times:

Comedy Central to Host Comedy Festival on Twitter — Next week, Comedy Central will host a five-day comedy festival that includes a lineup of legends like Mel Brooks and Carl Reiner alongside popular young comics like Amy Schumer and the director Paul Feig. — But there will be no smoky comedy clubs.

Discussion: Mashable, Daily Dot, The Next Web, The Verge, CNET, Softpedia News and Digital Spy

David Carr / New York Times:

In Boston, CNN Stumbles in Rush to Break News — Like a lot of Americans, when I woke up on Friday morning and found out there was a manhunt in the Boston area for the remaining suspect in Monday's bombing at the marathon, I turned on CNN. — It's a common impulse, although less common than it used to be.

Ali Velshi / Quartz:

Ex-CNN anchor: Twitter is merciless when media lag, ruthless when they're wrong — For a time, Gabrielle Giffords was dead. So was Newtown, Connecticut, shooter Adam Lanza's father. Or maybe it was his brother in Hoboken, New Jersey. All three, as we now know, are alive. Two of them weren't even shot.

Discussion: The Atlantic Online

Bloomberg:

Time Warner-CBS Seen Candidate for Merger: Real M&A — Time Warner Inc. (TWX) and CBS Corp. (CBS) have flirted for years. A marriage now may make more sense than ever. — CBS shares, while trading near the highest price since the company and Viacom Inc. split seven years ago …

Pekka Pekkala / Online Journalism Review:

Networked journalism will move value from “brand” to “contribution” — Journalism is not in crisis. The media industry — and journalists — might be, but the journalism itself is actually improving. — Such is the argument made by international documentary filmmaker Bregtje van der Haak …

Nitasha Tiku / Betabeat:

Storyboard Speaks: Laid-Off Tumblr Staffers Discuss David Karp's Decision — Earlier this week, Tumblr CEO David Karp took the stage at PaidContent Live for a panel called “Tumblr and the Future of Media.” It was a poignant title considering that one of the topics discussed was Mr. Karp's recent …

Abdi Sheikh / Reuters:

Somali reporter killed in fourth journalist murder this year — (Reuters) - A Somali journalist working for the government broadcaster was shot dead outside his home in the capital Mogadishu on Sunday, the fourth reporter to be murdered in the country this year, the union of journalists said.

Discussion: New York Times, Horseed Media, RBC Radio and NEWS.com.au

Eriq Gardner / Hollywood Reporter:

Rupert Murdoch's News Corp. Settles Shareholder Lawsuit for $139 Million — As part of a deal, the company agrees to set up a “whistleblowing hotline” as well as put a “political activity policy” on its website. — News Corp. has agreed to pay $139 million to settle shareholder claims over its corporate governance.

Discussion: Telegraph, FishbowlNY, Reuters, Bloomberg, BBC and Wall Street Journal

Janko Roettgers / GigaOM:

Intel's TV project loses key exec months before going to market — Intel Media, the chip giant's ambitious attempt to reinvent pay TV, has lost a key executive just months before going to market. Jim Baldwin, who was working as VP of Engineering for Intel Media, has left the company.

Andy Carvin / MediaShift:

ISOJ Keynote: Can Social Media Help Us Create A More Informed Public? — Here's the transcript of a talk I gave at the International Symposium for Online Journalists in Austin, Texas last Friday. We Messed Up Now as many of you know, I'm usually I'm not at a loss for words.

Discussion: MediaShift and Andy Carvin's Waste …, Thanks:@mediatwit

Richard Verrier / Los Angeles Times:

Ex-Hollywood pariah BitTorrent to promote independent film release — BitTorrent, the technology firm once synonymous in the creative community with Internet piracy, will promote the release of independent film ‘Arthur Newman.’ — Colin Firth, left, and Emily Blunt star in the drama “Arthur Newman.”

Discussion: Hollywood Reporter, screendaily.com, Advanced Television and Variety