Top News:
Peter Lauria / BuzzFeed:
Exclusive: IAC And Daily Beast Editor Tina Brown To Part Ways — A source with direct knowledge of the situation says IAC does not plan to renew Tina Brown's contract when it expires in January. A decision has not yet been made on the future of The Daily Beast. — Jason Kempin / FilmMagic
Discussion:
New York Times, Folio, Gawker, Capital New York, Erik Wemple, Media & Entertainment, @mikeallen, @mlcalderone, AdAge, bookforum.com, The New York Observer, @rafat, Variety, Mediaite, The Wrap, New York Magazine, Business Insider, The Huffington Post, @joshsternberg, FishbowlNY, @nycjim, @felixsalmon, @huffpostmedia, @erikmal, @choire, @joepompeo, @nbmorin, @rosiegray and The Daily Caller, Thanks:@mattlynley
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Hadas Gold / Politico:
Tina Brown to leave Daily Beast, start new company — Daily Beast editor Tina Brown will split with parent-company IAC next year and launch her own company, Tina Brown Live Media, according to sources with knowledge of her plans. — Brown will not renew her contract in January, the sources said.
Discussion:
Forbes, Erik Wemple, The Atlantic Wire, @laureni, Mashable, @newsbreaker, FishbowlNY and paidContent
David Freedlander / The Daily Beast:
Tina Brown's Next Big Move — After five years at The Daily Beast, the irrepressible editor is leaving to build her own company. David Freedlander reports. — The Daily Beast's editor-in-chief Tina Brown announced to the newsroom on Wednesday afternoon that she will be leaving the five-year-old online outfit.
Discussion:
Guardian, @craigsilverman, @davidfolkenflik, @kaysteiger, @edpilkington and @nycjim
Rick Edmonds / Poynter:
NAA will stop releasing quarterly figures on ad revenues, which have consistently declined — The Newspaper Association of America has reported a decline in industry ad revenues every three months since a modest gain in the second quarter of 2006. That adds up to six-and-a-half years …
Discussion:
Newspaper Association …, @rajunarisetti, @dangillmor, @jackshafer, @georgeprof and @rickedmonds
Pandora:
Pandora Names Brian McAndrews Chief Executive Officer, President and Chairman — Pandora (NYSE:P), today announced that the company's Board of Directors has appointed Brian McAndrews, formerly of Madrona Venture Group, Microsoft and aQuantive, to succeed Joe Kennedy as Chief Executive Officer …
Discussion:
VentureBeat, AdAge, CNET, Forbes, TechCrunch, AdExchanger, AllThingsD, The Verge, @pkafka and @yinkawrites
Josh Sternberg / Digiday:
For Politico ‘High Traffic is Overrated’ — On Monday, Politico owner Robert Allbritton bought Capital New York, a New York-focused digital-only publication. Jim VandeHei, a Politico founding editor and former reporter at the Washington Post, has been tasked to serve as the new president of Capital New York.
Discussion:
The Atlantic Wire, The Daily Caller, @_arianna, @digiday and Nxtblog
Guardian:
How Lord Patten fell from grace as BBC Trust chairman — This time last year he was pre-eminent, but the former Hong Kong governor now faces criticism over a string of scandals — With a CV that includes prominent roles with the Conservative party, Oxford University …
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Hadas Gold / Politico:
National Review to sue Cory Booker — Rich Lowry, National Review's editor announced Wednesday they will be suing Newark Mayor Cory Booker along with the Newark Police Department and the City of Newark. — National Review is suing for records they have been trying to obtain related …
Discussion:
National Review, Mediaite, The Week, Business Insider, @businessinsider, @justincsnow, @nickbaumann and TheBlaze.com
Tim Molloy / The Wrap:
Steve Burke: NBC ‘Significantly’ Lags in Profits, Needs More Ads, Higher Ratings — NBCUniversal CEO Steve Burke said Wednesday that NBC “is significantly behind” its rivals in profitability and needs higher ratings and more ad sales. — Burke said ABC, CBS and Fox all are making …
Discussion:
Home Media Magazine, Broadcasting & Cable and Variety
Justin Ellis / Nieman Journalism Lab:
USA Today Sports goes Quickish with The Q — The USA Today Sports Media Group is out with a new sports news and analysis aggregator called The Q. It's human-backed aggregation, with a focus for now on NFL news from beat writers and columnists from around the sports journalism world. As they put it:
Discussion:
PR Newswire
Larry Rohter / New York Times:
A Copyright Victory, 35 Years Later — In the lucrative world of music copyright, it may be something of a watershed moment: on Friday, after six years of legal wrangling and decades after he wrote the lyrics to the hit song “YMCA,” Victor Willis will gain control of his share of the copyright …
Discussion:
@willfriedwald, Plagiarism Today, @nytimes, @charlesleerhsen, @maira, Techdirt and @jamie_love
Tom Cheredar / VentureBeat:
Music service Piki.fm to shut down, founders to concentrate on revamped Turntable instead — The team behind Piki.fm, the music recommendation radio service, announced today via e-mail that the service would be shutting down, a move that's effective as of the end of September.
Discussion:
Valleywag, hypebot and The Next Web
Colin Freeman / Telegraph:
Why prosecuting journalists for paying for stories is bad news for all of us — Barely a week goes past these days without a journalist from one tabloid newspaper or another appearing in court on suspicion of paying public officials for stories. It's become such a ritual now that there is even an informal …
Discussion:
Kirk LaPointe's …
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