Top News:
Christine Haughney / New York Times:
Times Co. Reports Quarterly Loss After Sale of Globe — The New York Times Company reported on Thursday a net loss in the third quarter, driven mainly by the company's recent sale of the New England Media Group, which included The Boston Globe. Digital circulation gains helped produce a slight increase in overall revenue.
Discussion:
NetNewsCheck.com, Politico, The Wrap, Bloomberg, Reuters, investors.nytco.com, @mathewi, Talking New Media, @romenesko and Zolmax
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New York Times Company:
The New York Times Company Reports 2013 Third-Quarter Results — NEW YORK—(BUSINESS WIRE)— The New York Times Company (NYSE:NYT) announced an operating profit of $12.9 million in the third quarter of 2013 compared with $8.9 million in the same period of 2012.
Discussion:
@niemanlab and @zseward
Joe Pompeo / Capital New York:
‘Times’ C.E.O. touts advertising ‘innovation’ following report of sales struggles — The New York Times' sales team got a vote of confidence from chief executive Mark Thompson amid a report this week that the paper of record's sales reps are struggling. — On a conference call …
Dan Primack / Fortune:
Norman Pearlstine leaves Bloomberg for Time Inc. — Veteran media exec returning to Time Inc., as company preps for spin-out from Time Warner. — FORTUNE — Media executive Norman Pearlstine is stepping down as Bloomberg LP's chief content officer, in order to take a similar position with Time Inc. (publisher of Fortune).
Discussion:
WWD Media Headlines, Talking Biz News and FishbowlNY
BBC:
Rebekah Brooks and Andy Coulson had affair lasting six years, UK phone-hacking trial hears — Prosecutor Andrew Edis QC told jurors he was disclosing the affair because it showed they trusted each other a lot and shared at least one secret. “What Mr Coulson knew, Mrs Brooks knew too,” he said.
Discussion:
The Huffington Post, Guardian, Financial Times, @davidfolkenflik, @emilybell and National Updates
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Lucia Moses / Adweek:
Time Inc. Signs on With Flipboard — No. 1 magazine publisher Time Inc. announced plans to put its magazine content on Flipboard. People and InStyle will roll out this week on the mobile news aggregator app, with Time and Fortune scheduled to follow in December.
Discussion:
Adweek, The Next Web, Gigaom and @time_inc
Andrew Beaujon / Poynter:
USA Today's circulation up 67 percent? Newspaper industry makes comparisons increasingly difficult — Circulation in September 2013 rose at The New York Times, fell at The Wall Street Journal and skyrocketed at USA Today, according to figures released Thursday by the Alliance for Audited Media.
Jim Romenesko:
‘Change is hard’: Consumer Reports restructures to survive in the digital era — Consumer Reports and Consumers Union, the policy and action division of the magazine, showed a hefty profit of $21,414,103 for the fiscal year ending May 31, 2008. The next two years were profitable, too …
Discussion:
@1bobcohn, Talking Biz News and Gigaom
Todd Spangler / Variety:
Time Warner Cable Drops 306,000 TV Subs, In Part Because of CBS Blackout — MSO also cuts full-year revenue growth forecast after subscriber losses — A monthlong blackout of CBS for Time Warner Cable customers in key markets led the cable operator to lose more residential video subscribers …
Discussion:
Reuters, Capital New York, New York Times, Broadcasting & Cable, AdAge, Forbes, Home Media Magazine, Bloomberg, Associated Press and Bloomberg
Matt Buchanan / New Yorker:
Waiting for the Next Great Technology Critic — For well over a decade, the two most influential voices about consumer technology have been a sixty-six-year-old man who lives just outside of Washington, D.C. and a fifty-year-old man who resides in Westport, Connecticut.
Discussion:
Boing Boing, @fmanjoo, @fmanjoo, @jasonkincaid, @laurengoode, @samfbiddle, @stewartmader and Talking Biz News
Roxanne Cooper / The Raw Story:
Village Voice editor Tony Ortega to helm editorial at Raw Story — FOR IMMEDIATE RELEASE — Village Voice editor Tony Ortega to helm editorial at Raw Story — BERKELEY, CA - October 31, 2013 — Raw Story is pleased to announce that Tony Ortega, former editor-in-chief at The Village Voice …
Discussion:
FishbowlNY and @rawstory
Erik Wemple:
Just who is meddling with the Philadelphia Inquirer? — George E. Norcross III, part owner of the Philadelphia Inquirer, likes data. He is a prominent insurance executive and a massive force in New Jersey Democratic politics, not to mention the chairman of the board of trustees …
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Dave Davies / NewsWorks:
Katz rejects buyout offer, open to outside management of Inquirer
Discussion:
Poynter, JIMROMENESKO.COM and Erik Wemple
Lynne Marek / Crain's Chicago Business:
Chicago Tribune braces for cost cuts — Chicago Tribune is preparing to reduce costs as it makes plans for next year, even as it expects to exceed projections for this year, the newspaper's publisher said in a memo to employees today. — “As is typical this time of year …
Discussion:
JIMROMENESKO.COM, Poynter and Chicago Sun Times
Patrick Wintour / Guardian:
New press regulation system ‘entirely voluntary’, says Nick Clegg — Deputy PM dismisses claims of end to press freedom as ‘wild hyperbole’, saying no media outlet will be required to sign up — Newspapers will not be required to enter into the new system of press regulation agreed by the privy council , Nick Clegg has said.
RELATED:
Roy Greenslade / Guardian:
FT teams up with Japan's Nikkei — The Financial Times is forging close links with Japan's leading business media group, Nikkei, according to a memo on its website by the FT's editor, Lionel Barber. — He writes that the pink paper's latest Japan Special Report marks the start …
Discussion:
Financial Times
RELATED:
Andrew Beaujon / Poynter:
Digital subscriptions up 24% at Financial Times
Discussion:
AdExchanger and Guardian
Laura Hazard Owen / Gigaom:
Amazon will test 2 new dramas, by X-Files screenwriter Chris Carter and author Michael Connelly — Amazon Studios is considering its first hour-long original dramas, and has greenlighted two pilots for testing by Amazon users. If the pilots get positive viewer feedback …
Discussion:
Amazon.com, The Wrap, Variety and The Verge
Kristen Hare / Poynter:
NPR offers Andy Carvin, others buyouts in order to reduce headcount — NPR's Andy Carvin offered buyout, he hasn't yet accepted — Andy Carvin's Twitter page — NPR senior strategist Andy Carvin announced on Twitter this morning that he's been offered a buyout from the company.
Discussion:
Andy Carvin's Waste …, The New York Observer and @kristenhare
Eric Pfanner / New York Times:
Sony Blames Box-Office Trouble for Its Quarterly Loss — TOKYO — After showing signs of a financial turnaround in the spring, Sony said Thursday that it had swung back to a loss in the summer quarter, with strong sales of smartphones not enough to overcome a dismal performance by the company's Hollywood arm.
Discussion:
Reuters, Variety and Hollywood Reporter
Umberto Bacchi / International Business Times:
Saudi Journalist Tariq al-Mubarak Arrested over Support for Women Drive Ban Protest — About 60 women in Saudi Arabia openly flouted the law by driving through the streets (Reuters) — Human rights activists have urged Saudi authorities to release a local journalist who was arrested …
Discussion:
FP Passport, BuzzFeed and Associated Press
Ryan Lawler / TechCrunch:
VEVO Relaunches Its Web And Mobile Sites To Streamline Music Video Search And Discovery — Music video powerhouse VEVO is launching a major redesign this week, after rebuilding its back end from the ground up. The online music video site has undergone a complete overhaul, which you can see here …
Discussion:
FierceOnlineVideo News
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