Mediagazer: Bloomberg LP Launches Franchise in Unusual Collaboration (Lucia Moses/Adweek)

10:30 PM ET, November 11, 2013

Top News:

Ted Johnson / Variety:

News Corp Reports 3% Drop in Revenue in First Quarter — News Corp, the recently spun off publishing side of Rupert Murdoch's media empire, reported that its revenue fell in the first quarter of its fiscal 2014, due to lower advertising revenue and foreign exchange fluctuations.

Discussion: Guardian, AdAge, USA Today, The Huffington Post, Forbes, The Wrap, Wall Street Journal, Associated Press, Quartz, Bloomberg, Business Insider, @joepompeo, Wall Street Journal and @peterlauria3

Joe Pompeo / Capital New York:

In first ‘new’ News Corp. earnings call, lower numbers and a shift to mobile — News Corp. executives are touting mobile as a major growth area for the company, which in its current configuration has now been publicly traded for approximately four months following a corporate split …

Discussion: @joepompeo

Samuel Rubenfeld / Risk & Compliance:

News Corp Spends $40 Million on UK Newspaper Scandal — The new News Corp, in its first quarterly earnings statement, said it spent $40 million on costs tied to an ongoing investigation into a series of scandals arising out of misconduct at a now-defunct tabloid the company formerly owned.

Discussion: @joanneleon

Darren Davidson / The Australian: News Corp boosts Q1 income to $38m despite revenue dip

mUmBRELLA: News Corp's Australian newspapers sees 22 per cent revenue drop

Matthew Lynch / Capital New York:

Hugo Lindgren is out as editor of ‘The New York Times Magazine’ — Hugo Lindgren is leaving his position as editor of The New York Times Magazine at the end of the year, Capital has learned. — There's no word yet on plans for a successor. — Rumors of a change at the paper's glossy Sunday supplement leaked out this afternoon.

Discussion: Hollywood Reporter, @evanasmith and @morningmoneyben

Joe Pompeo / Capital New York:

‘CJR’ preparing to name new editor-in-chief — Columbia Journalism Review, the media-industry bible whose top masthead slot has been vacant since the spring, is expected to announce a new editor-in-chief soon. — Sources familiar with the process told Capital that the search had recently focused …

Discussion: @romenesko and @jpodhoretz

Dylan Byers / Politico:

Nathan Richardson out at AOL — Nathan Richardson, the Internet executive who co-founded Sen. Cory Booker's troubled tech start-up Waywire, is stepping down as president of AOL Live just two-and-a-half months after getting the job, POLITICO has learned. — Richardson joined AOL in late August …

Discussion: TechCrunch and Variety

Brooks Barnes / New York Times:

A Co-President Quits Disney's Video Game and Web Unit — LOS ANGELES — John Pleasants, the hard-charging co-president of Disney's video game and web division, announced his resignation on Monday, effective immediately, although he will continue as a consultant for a while.

Discussion: Polygon

Nina Mandell / USA Today:

IOC spokesman: Journalists free to Instagram at Sochi Olympics — Journalists will be allowed to use Instagram, Twitter and other social media to post still photos and news from the Sochi Olympics, International Olympic Committee spokesman Mark Adams confirmed to For The Win in an email on Monday.

Discussion: BuzzFeed, Poynter, The Verge, @bydanielvictor, @lucykafanov, CNET, The Huffington Post, TechCrunch, Tubefilter and Digital Spy

Peter Kafka / AllThingsD:

Yahoo Video Head Erin McPherson Heads for Maker Studios, the Giant YouTube Network — Erin McPherson, the Yahoo executive who has been in charge of the portal's video efforts, is leaving the company. She's going to Maker Studios, the giant YouTube network that's trying to build a business outside of the world's biggest video site.

Discussion: Variety, @karaswisher, @pkafka, Tubefilter, @rosslevinsohn and The Wrap

Todd Spangler / Variety:

Netflix Video Usage More Than 10 Times Amazon and Hulu Combined — YouTube share of downstream traffic during peak hours rose to 18.6% in September, according to study — Netflix remains the biggest pig in the broadband python, representing 31.6% of all downstream Internet traffic …

Discussion: VentureBeat, AllThingsD, Quartz, Hollywood Reporter, Gigaom, The Atlantic Wire, AppleInsider, WebProNews and CNET

Christine Haughney / New York Times:

Preserving Venerable Forbes Brand, With an Aggressive Digital Drive — On a recent fall afternoon, Steve Forbes held court as master of ceremonies at a Forbes-hosted health care summit, entertaining an auditorium of chief executives and physicians, and trading firm handshakes at a cocktail reception that followed.

Discussion: MediaPost, @steveforbesceo and @carr2n, Thanks:@steverubel

Emil Protalinski / The Next Web:

Microsoft revamps Bing Music Video Search with inline results from YouTube, Vimeo, MTV, Artist Direct, and more — Microsoft today launched a completely revamped version of Bing's search section for music videos. The company says it has been built from the ground up to simplify exploring …

Discussion: Bing Search Blog, Search Engine Land, The Verge, GeekWire and WebProNews

Christopher Heine / Adweek:

Spotify Tunes Up First U.S. TV Deal With Bravo Play lists to support cable premieres this month — Bravo's quartet of November premieres will include a cross-promotion deal with Spotify, which lands its first TV-focused partnership in the United States with this initiative.

Discussion: The Wrap, Broadcasting & Cable and Mashable

Debra Cassens Weiss / ABA Journal Daily News:

SCOTUSblog will be shopping for a buyer next year, its founder confirms — The founder of SCOTUSblog told the Associated Press that he is planning to sell the blog next year. — How Appealing notes two versions of the AP story, one mentioning the planned sale and one without it.

Lucia Moses / Adweek:

Bloomberg LP Launches Franchise in Unusual Collaboration — Bloomberg LP is launching a new franchise that involves an unprecedented amount of collaboration between its business units. The Year Ahead: 2014, a primer for CEOs, will involve 10 platforms across the company producing a special issue …

Discussion: Columbia Journalism Review, Online NewsHour, Talking Biz News and Telegraph