Top News:
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:
AdExchanger, @zseward and @niemanlab
RELATED:
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, Talking New Media, @mathewi, @romenesko, Zolmax and investors.nytco.com
Michael Malone / Broadcasting & Cable:
Journal Communications Television Revenue Up 2.2% — Acquisition of WTVF helped, blackout from Time Warner Cable did not — Journal Communications reported third quarter television revenue of $39.8 million, up 2.2% over the same quarter a year ago. Excluding political and Olympic revenue …
Discussion:
Radio & Television … and bizjournals
Press Gazette:
News of the World hacked rival journalists as part of the ‘dog eat dog’ world of journalism — Glenn Mulcaire hacked the phones of rival journalists as a “nice easy and cheap” way of “scooping” the opposition, the phone hacking trial heard today. — Andrew Edis QC for the prosecution …
Discussion:
Variety, Variety and Irish Independent
RELATED:
Lisa O'Carroll / Guardian:
Phone hacking: Glenn Mulcaire was paid more than £400,000 by NoW
Discussion:
@arusbridger
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.
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:
Folio, WWD Media Headlines, Talking Biz News and FishbowlNY
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, Gigaom, The Next Web and @time_inc
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, AllThingsD, New York Times, Capital New York, Broadcasting & Cable, AdAge, Forbes, Bloomberg, Associated Press, Home Media Magazine 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:
@fmanjoo, @fmanjoo, Talking Biz News, @jasonkincaid, Boing Boing, @laurengoode, @samfbiddle and @stewartmader
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:
Talking Biz News and @1bobcohn
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
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:
Poynter, JIMROMENESKO.COM and Chicago Sun Times
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 …
RELATED:
Dave Davies / NewsWorks:
Katz rejects buyout offer, open to outside management of Inquirer
Discussion:
Poynter
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, VentureBeat, Broadcasting & Cable, The Wrap, GeekWire, Variety and The Verge
Dylan Byers / Politico:
Betsy Rothstein out at Fishbowl DC — Betsy Rothstein, the trouble-starting scourge of the Washington media, has resigned as editor of the news and gossip site Fishbowl DC. — “Whether raging waters or smooth sailing, my 3 years at FishbowlDC have been the perfect storm. Onto new adventures.
Discussion:
Poynter, @radleybalko and @betsyscribeindc
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:
Erik Wemple, Andy Carvin's Waste …, The New York Observer and @kristenhare
Rebecca J. Rosen / The Atlantic Online:
Twitter Marks Philadelphia City Paper as Spam, Breaks All Links to the Site — With an election looming in less than a week, journalists are being pressed into holding off on publishing their work, for fear that they won't be able to serve it to readers. — Reporter Daniel Denvir has a story that's burning a hole in his pocket.
Discussion:
@citypaper, @tiffanyg89 and @altweeklies
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
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:
Hollywood Reporter and Variety
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