Mediagazer: WPP CEO Sorrell: Google Will Overtake News Corp As Our Largest Media Investment This Year Or Next (Ingrid Lunden/TechCrunch)

10:00 AM ET, April 25, 2013

Top News:

Andrew Beaujon / Poynter:

New York Times Co. announces ‘new strategy for growth’ — The New York Times Co. unveiled “a series of strategic initiatives” Thursday morning concurrent with its first-quarter earnings report. … Among the new products, to be introduced at the end of this year and the start of 2014: a …

Discussion: The New York Times Company, FishbowlNY, Capital New York, The Wrap and Mashable

Zachary M. Seward / Quartz:

The New York Times paywall has hit a growth wall — The New York Times just announced weak first-quarter results as advertising revenue slipped, but if you're trying to gauge the future health of America's preeminent newspaper, this is the key figure: 676,000 digital subscribers as of March 31 …

Discussion: Forbes and paidContent

Edmund Lee / Bloomberg:

New York Times Co.'s Sales Miss Estimates as Ad Revenue Dives — New York Times Co. (NYT), the newspaper publisher controlled by the Ochs-Sulzberger family, reported first-quarter sales that missed analysts' estimates as it continued to lose advertising dollars.

Discussion: The New York Times Company and New York Times

Aurindom Mukherjee / Reuters:

Time Warner Cable revenue misses as data services disappoint — (Reuters) - Time Warner Cable Inc, the second-largest U.S. cable operator, reported first-quarter revenue below analysts' estimates as it added fewer-than-expected subscribers for its high-speed data services.

Discussion: Bloomberg, MarketWatch, Hollywood Reporter and RTTNews

Anthony Kosner / The Content Strategist:

What Publishers Can Learn from Google's Patented News Article Rankings — Google is the publisher's angel — and its devil. The search engine claims to connect “1 billion unique users a week to news content,” from 50,000 sources in 30 languages. (By comparison, a large publisher …

Chris Roush / Talking Biz News:

CNBC names new international head — KC Sullivan has been appointed president and managing director of CNBC International, effective May 8 — Sullivan will report to CNBC's global president and CEO, Mark Hoffman. He replaces Satpal Brainch, who is moving to become executive vice president …

BBC:

Leveson report: Newspapers reject press regulation plans — A number of newspapers are to publish a proposal for self-regulation backed by royal charter, after rejecting plans drawn up by the main political parties. — The government and Labour Party agreed to a royal charter last month …

Discussion: Guardian, Telegraph, Sky News, BelfastTelegraph.co.uk and politics.co.uk

Joe Flint / Los Angeles Times:

NBC News looks outside the company and country for a president — Deborah Turness, news editor for Britain's ITV Network, is the latest executive to be mentioned as a possible successor to NBC News President Steve Capus. — NBC's hunt for a new president of its news division has gone beyond …

Ingrid Lunden / TechCrunch:

WPP CEO Sorrell: Google Will Overtake News Corp As Our Largest Media Investment This Year Or Next — Martin Sorrell, the CEO of WPP, today laid out a stark picture of how significant a role digital is playing for the advertising giant. Speaking at the FT Digital Media Conference in London today …

Discussion: Guardian

Andrew Wallenstein / Variety:

A La Carte TV Will Never Be … The prospect of consumers getting the ability to choose which cable channels they want has proven to be a remarkably resilient fantasy. — Maybe that's because TV executives can't seem to resist giving the proposition just enough attention to make it seem possible.

Brad Stone / Businessweek:

Here Comes Amazon's Kindle TV Set-Top Box — Amazon (AMZN) is making e-readers, tablets and will likely soon introduce a smartphone. As it works to build all types of connected devices, that leaves a natural next step: a television set-top box. The e-commerce giant is planning to introduce …

Discussion: ReadWrite, The Verge, Neowin, VentureBeat, 24/7 Wall St., IntoMobile, CNET, Forbes, Wired, C21Media, The Week, TechCrunch, TrustedReviews, Electronista, Home Media Magazine, App Advice, WebProNews, CNET, @rogerwcheng, Gizmodo, The Next Web, Business Insider, Engadget, Polygon, GigaOM, MacRumors, GeekWire, AllThingsD, 9to5Mac, Mashable and BGR

Jack Shafer:

ChartGirl boxes the news — If you're the nautical sort, you probably interpret the news as a flow. If you hunt and peck on the typewriter, your news feed might resemble a pointillistic painting. But if you love to break ideas down into their sequential components …

Discussion: The Corsair