Mediagazer: News Corp. Sells Local Newspapers to Fortress Investment (Edmund Lee/Bloomberg)

8:15 PM ET, September 3, 2013

Top News:

Jeffrey Bezos, Washington Post's next owner, aims for a new ‘golden era’ at the newspaper — Jeffrey P. Bezos, the next owner of The Washington Post, says he doesn't have all the answers for what's ailing the newspaper industry or for the financially challenged news organization he is preparing to buy.

Joshua Benton / Nieman Journalism Lab:

When print constrains digital: layout, workflow, structure — You may have seen Paul Farhi's interview with Jeff Bezos in today's Washington Post, the newspaper he's buying for $250 million. If you saw it in print, you found it on Page A1, on the left below the fold.

Discussion: JIMROMENESKO.COM, @jbenton, @chanders and @niemanlab

Don Reisinger / CNET:

Amazon offically announces all-new Kindle Paperwhite — The device leaked earlier today on a forum, and now, Amazon has confirmed its existence. — Amazon has officially announced its second-generation Paperwhite after the company mistakenly released details earlier today.

Discussion: PublishersWeekly.com, GeekWire, GalleyCat, GigaOM and The Next Web

Chris Welch / The Verge:

Amazon accidentally reveals new Kindle Paperwhite and September 30th release date — Ahead of any official announcement, Amazon briefly listed an updated, second-generation Kindle Paperwhite on its website this morning. As spotted by users at this Croatian forum, the product listing suggests …

Discussion: AllThingsD, Amazon.com, Engadget, @jbenton, @tcarmody, Huffington Post UK, Digital Spy, TechCrunch, Gizmodo, Softpedia News and GeekWire

Geoffrey King / Committee to Protect Journalists:

Journalist Barrett Brown faces prison for posting hyperlink — Tomorrow, a federal judge will weigh a prosecutor's motion for a gag order in connection with the U.S. government's prosecution of journalist Barrett Brown. The motion represents a troubling turn in an already-troubling case for press freedom …

Discussion: @jjprojects, @profkakie, @markloundy, @freebarrett_, @jilliancyork, @muckrakerpress, @ksablan, @hannifakhoury, @knappb and @mlcalderone

Susan Hogan / Poynter:

College papers cutting back on print editions — At least three college newspapers announced this month that they're going to cut their print schedules — the University of Illinois' Daily Illini, the University of Missouri's The Maneater and San Diego State University's The Aztec.

Discussion: @uosojc, @matwilcox, @niemanlab and @politicaleditor

Nick Wingfield / NYT Bits:

Amazon Pairs Print and Digital Books With New Program — For most readers, print and electronic books are an either-or proposition. There just isn't a compelling reason to buy both editions of one book, at least not at full price. — Amazon is about to test how much appetite …

Discussion: Amazon.com, paidContent, Forbes, TechCrunch, Forbes, Businessweek, @willsmith, @adamnash, The Bookseller, ZDNet, @thogenhaven, CNET, @erikbryn, PublishersWeekly.com, GeekWire, TechCrunch, Business Insider, AllThingsD, @tim_stevens, @piercedavid and @sfiegerman

Christopher Heine / Adweek:

Yahoo Hires Former AOL Exec to Run Ad Business — Yahoo has officially tapped Ned Brody—who held a number of executive titles for AOL during the last decade—to run its ad sales for North America and South America. The announcement ends months of speculation that Yahoo CEO Marissa Mayer …

Discussion: Yahoo!, AllThingsD, Wall Street Journal, AdExchanger, FishbowlNY and WebProNews

Ryan Lawler / TechCrunch:

VEVO Hires Nielsen Digital Exec Jonathan Carson As Chief Revenue Officer — Ever since launch, music video distributor VEVO has been working to increase monetization of its digital properties, highlighting the pure volume of videos and high engagement that viewers have on its site …

Discussion: AdAge and Financial Times

Edmund Lee / Bloomberg:

News Corp. Sells Local Newspapers to Fortress Investment — News Corp. (NWSA), the publisher of the Wall Street Journal, sold a collection of local newspapers such as Oregon's Ashland Daily Tidings and Massachusetts' Cape Cod Times to private-equity manager Fortress Investment Group LLC. (FIG)

Discussion: WWD Media Headlines, Telegraph, New York Times, Business Wire, Los Angeles Times and Reuters

Michael Calderone / The Huffington Post:

Veteran Journalist Going To Work For John Kerry — NEW YORK — Veteran journalist Douglas Frantz is joining the State Department as assistant secretary of state for public affairs, according to a source familiar with the move. An official announcement is expected Tuesday.

Discussion: LA Observed and The Wrap

Caysey Welton / Folio:

Grand View Media Group Acquires Moose River Media — The company is looking to capitalize on Moose River's social communities. — Grand View Media Group, a division of EBSCO Industries, has acquired green and agricultural publishing company, Moose River Media.

Reuters:

CBS win squeezes Time Warner Cable's margins - analysts — (Reuters) - CBS Corp won large increases in the fees it will receive from Time Warner Cable Inc in its agreement with the cable operator that ended a month-long blackout of CBS, Showtime and other channels in key cities, analysts said.

Discussion: CBS News, Los Angeles Times, Poynter and Wall Street Journal