Mediagazer: Moguls Flying to Sun Valley With $53 Billion Deal Revival (Bloomberg)

8:55 PM ET, July 9, 2013

Top News:

Newsroom Diversity: A Casualty of Journalism's Financial Crisis — New numbers from the American Society of News Editors show that the progress of women and minorities in media has halted. — The American Society of News Editors (ASNE) recently released its annual study of newsroom diversity.

Discussion: Nieman Journalism Lab, Politico, Poynter, @macdiva, @michaelluo, @b3_cc4, @northstarnews, @polinjun, @anupkaphle, @seungminkim, @propublica, @juliaioffe, @gwenifill and @amydownsouth

Todd Spangler / Variety:

Guggenheim Exit Leaves Hulu a Pay-TV Pawn — Three bidders remain: DirecTV, AT&T, Time Warner Cable — The pay-TV biz is going to get its hands on Hulu. — With Guggenheim Digital Media and KKR opting out of the hunt for Hulu, as CNBC reported Tuesday, that leaves three bidders …

Discussion: CNBC

Jeff Bercovici / Forbes:

Hulu Sale Attracts Plenty Of Bidders, But For What, Exactly? — Most of what you need to know about the soon-to-conclude negotiations to sell Hulu can be summarized in two numbers: $2 billion and $1 billion. — The first is how much Hulu's owners — Disney, News Corp . and Comcast …

Discussion: Broadcasting & Cable and The Wrap

Wall Street Journal:
Hulu Attracts at Least Three Bids

Discussion: @jboorstin, @jboorstin, Wall St. Cheat Sheet, Variety, Hollywood Reporter, Deadline.com and Bloomberg

Bill Mickey / Folio:

Report: Number of Magazine Launches Continues to Decrease — New title total down again for first half, to 97, says MediaFinder. — In its quarterly survey, MediaFinder reported that 97 magazines launched and 29 closed in the first half of 2013. — Once again, the categories most likely …

Edmund Lee / Bloomberg:

Maxim Magazine Said to Fetch Bids of About $20 Million — Maxim magazine, the bawdy men's title that went up for sale in March, is seeing some bids of about $20 million, less than a 10th of the price its owners paid six years ago, according to people familiar with the situation.

Sydney Brownstone / Co.Exist:

Twitter Vs. Mainstream Media: Science Proves Which Breaks News Faster — The revolution will not be televised, but it might be tweeted. A new study shows that Twitter has a lead time on newswires for certain stories—including sports, disasters, and sometimes riots.

Jack Mirkinson / The Huffington Post:

Rupert Murdoch Summoned To Parliament Again — Rupert Murdoch has been summoned to appear before a British parliamentary committee for the second time in three years. — The Culture, Media and Sport Select Committee announced Tuesday that it had voted to ask Murdoch to face new questions …

Discussion: Guardian, The Wrap, @lisaocarroll, Bloomberg, The Independent, @edgecliffe, Press Gazette, @jackofkent and @rosschawkins

Gavriel Hollander / Press Gazette:
Exaro to hand over Murdoch tape to Elveden officers as Met launches probe into Sun chief's comments

Discussion: Channel 4, Guardian, Hollywood Reporter, Exaro and Variety

Bloomberg:

Moguls Flying to Sun Valley With $53 Billion Deal Revival — Media dealmakers digesting $53 billion of mergers, spinoffs and acquisitions announced so far this year head to Allen & Co.'s Sun Valley conference this week to lay the groundwork for more. — So far, more than 240 media deals …

Discussion: The Wrap, Media Money …, @jboorstin, @claireatki, @peterlauria3, @lianabaker, jessica lessin, @lianabaker, @edmundlee and bizjournals

Liana B. Baker / Reuters:
Malone, cable deals in spotlight at Sun Valley conference

Discussion: App Advice, 9to5Mac, Electronista and AppleInsider

Jay Rosen / Pressthink:

Criticizing CNN: Goodbye to that. — I used to say: I criticize because I care. But I no longer do. … As of today, I have retired from criticism of CNN for falling short of some sort of journalistic standard that news providers should maintain. That activity no longer makes sense.

Discussion: Mediaite, @aseitzwald, @dankennedy_nu and @jayrosen_nyu

Kara Swisher / AllThingsD:

Former News Corp Digital Exec Jon Miller Joins Shari Redstone's Advancit as Partner — Former News Corp digital head Jon Miller has joined Advancit Capital as a partner. Advancit is an early-stage investment firm that was started two years ago by Shari Redstone and Jason Ostheimer …

Discussion: Hollywood Reporter and Wall Street Journal

Darrell Etherington / TechCrunch:

Amazon's Publisher Ambitions Target Comics With New “Jet City” Imprint Launch — Amazon is about to take on Marvel and DC with a new publishing imprint for comics, the company announced today via press release. The new publishing brand is called “Jet City Comics,” and will begin …

Discussion: Amazon.com, The Next Web, The Verge, Los Angeles Times, SlashGear, CNET, VentureBeat, The Huffington Post, PublishersWeekly.com and GalleyCat

Michael Rondon / Folio:

The Dolan Company Sells Two Business Services Assets — B-to-b publisher, services provider sells legal properties for $17 mil. — B-to-b publisher and professional services provider The Dolan Company has announced agreements to sell off two of its legal services businesses to affiliate groups.