Top News:


Former HWT chairman Julian Clarke appointed News Corp Australia CEO as Kim Williams resigns — NEWS Corp Australia chief executive Kim Williams has resigned. — He has held the role since December, 2011. — He will be replaced by former The Herald and Weekly Times chairman Julian Clarke.
Discussion:
Reuters, @smh, mUmBRELLA, Guardian, SINA English, Sydney Morning Herald, Business Spectator, Business Review Weekly, TheAustralian and ABC
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Murdoch's News Corp empire turns on itself — After barely a month, Rupert Murdoch's journalism project is a shambles. All the Crazy Uncle features of Murdoch's management style were on display in the last week. They speak of a deeply dysfunctional corporation which has become a hotch potch …
Discussion:
Guardian, The Conversation and Guardian

Kim Williams departure a victory for Murdoch's Australian editors
Discussion:
Guardian


Tumblr Had $16.6 Million Left When Yahoo Bought It — In the wake of Yahoo's acquisition of Tumblr, there was some chatter about how much runway David Karp would have had if he hadn't sold the company. — Now we know, sort of: Tumblr, which had raised $125 million since 2007, had $16.6 million in cash left when Yahoo bought it.
Discussion:
Softpedia News, The Next Web, Digits and GigaOM


Newspapers Should Be More Like Amazon — By Julius Genachowski and Steven Waldman What Jeff Bezos can teach The Washington Post What's intriguing about Jeff Bezos, who purchased The Washington Post this week, is not that he's a digital guy or that he has a lot of money—though both certainly help …
Discussion:
@stevenwaldman and @mathewi
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What would it look like if the Times had to find a Bezos, too?
Discussion:
WWD Media Headlines, Forbes, The Wrap, @jayrosen_nyu, @tmcgev and Business Insider


Time Warner Cable Taking Bigger Hit Than CBS in PR War Over Blackout: Survey — Cable operator's consumer-perception score drops lower into negative territory while the Eye has neutral rating, according to YouGov — Consumers have increasingly negative views of both Time Warner Cable …
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CBS, Time Warner Cable trade barbs on Day 7 of blackout
Discussion:
Deadline.com, Telegraph, @matthewkeyslive, The Desk, Vulture and Inside TV


Vevo Developing Apple TV App for 24-7 Music Video Channel — Will Allow It to Sell Video Ads Made Specifically for Televisions — Cord-cutting millennials will soon have a new way to quench their insatiable thirst for '90s nostalgia. Music video website Vevo is developing an app …
Discussion:
AllThingsD, Pocket-lint, The Mac Observer, 9to5Mac, MacRumors, App Advice, GigaOM and AppleInsider


Italian press signs agreement with government to revitalise ailing industry — The Italian government and representatives from throughout Italy's news media industry signed an agreement on Tuesday 6 August as part of an initiative to revitalise the country's crisis-hit news publications.


Fox's Chase Carey calls a la carte programming ‘a fantasy’ — 21st Century Fox Chief Operating Officer Chase Carey underscored the value of sports programming and downplayed calls to end the bundling of television channels. During Fox's Investor Day presentations Thursday …
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Fox projects growth as it invests in new channels
Discussion:
Forbes, Hollywood Reporter, Bloomberg, Fox Business, Deadline.com and Variety


[UPDATED] Patch is laying off hundreds of employees on Friday — UPDATE — A Patch tipster reports: “Patch employees will learn their fate starting tomorrow at 9 a.m. on an all company call with Tim Armstrong. Managers were told last night not to discuss the layoffs with subordinates or reference them at all.”


Slashdot founder Rob Malda on why there won't be another Hacker News — When I was a computer science student in college, everyone I knew read Slashdot. Founded in 1997, the site was dedicated to “News for nerds. Stuff that matters.” It featured about a dozen short, user-submitted stories about the technology news of the day.
Discussion:
Guardian


NBC-GlobalPost an intriguing media partnership … An alliance with news website GlobalPost means more foreign coverage for NBC. — CONNECT — It could be the classic trade that helps both teams. And years ago, it would have been unthinkable. — News organizations joining forces was considered anathema.


Amid Criticism, Support for Media's ‘Watchdog’ Role Stands Out — Overview — Public evaluations of news organizations' performance on key measures such as accuracy, fairness and independence remain mired near all-time lows. But there is a bright spot among these otherwise gloomy ratings …
Discussion:
Poynter, Mediaite and The Huffington Post


Met Police's fraud squad investigating BBC pay-offs scandal — Detectives from Scotland Yard's fraud squad are investigating senior members of the BBC's leadership over allegations of misconduct in public office, The Telegraph can disclose. — Scotland Yard launched Operation Elveden last year
Discussion:
BBC, @vikramdodd, @rajunarisetti, The Independent and Guardian