Mediagazer: Rep. Waxman expresses concern about LA Times future (Kevin Roderick/LA Observed)

4:15 PM ET, December 20, 2013

Top News:

Jim Kennedy / News Corp:

News Corp Acquires Social News Agency Storyful — Accelerating News Corp's digital transformation and video strategy, the company has acquired Storyful, the world's first social news agency. — Building on Storyful's skill in finding verified news amidst the noise of social media …

Ingrid Lunden / TechCrunch:

News Corp Pays $25M For Storyful, Which Digs Up And Verifies News From Social Sites Like Twitter And Instagram — News Corp is raising its game in digital news again: the company has just announced that it is acquiring Storyful, a Ireland-based “village square” for social media news …

Discussion: @coreypein, @raju and @erichippeau

Mathew Ingram / Gigaom:

Raju Narisetti talks about why News Corp. bought Storyful and founder Mark Little talks about why he sold — We've written before about how crowdsourced verification of user-generated content is a significant trend in new media, and Storyful has been at the forefront of that wave since before most people had even heard the term.

Discussion: Online NewsHour

Andrew Beaujon / Poynter:

Storyful CEO: ‘We want to be in every newsroom in the world’ — So what does a giant media corporation like News Corp get from a boutique social-media news agency like Storyful, which it bought Friday? Reached by phone, News Corp Senior VP of Strategy Raju Narisetti said that Storyful's ability …

Michael Calderone / The Huffington Post:

Washington Post's Ezra Klein Considering Starting New Venture — NEW YORK — Ezra Klein, a top Washington Post policy writer and editor of the paper's Wonkblog, is currently speaking to outside suitors about starting a new media venture, according to a source familiar with the matter.

Discussion: @mattgertz, @mathewi, @thestalwart and City Desk

Taylor Soper / GeekWire:

New milestone: Amazon stock surpass $400 for first time ever — This summer, Amazon.com's stock hit $300 for the first time. — Amazon CEO Jeff Bezos with the Kindle Fire HDX 8.9″. — Now, five months later, it has reached a new milestone: $400.

Norman Solomon / Common Dreams:
Under Amazon's CIA Cloud: The Washington Post

Discussion: The Nation

Cory Haik / Nieman Journalism Lab:

News that anticipates the reader's needs — The year 2014 is going to be all about you. And me. And him and her. It's going to be all about all of us — and what we are doing on all our devices. The job in news is to be exactly there for people, no matter what they're doing or where they're doing it …

Discussion: @sclary and @mims

Gautham Nagesh / Wall Street Journal:

FCC Approves Gannett-Belo, Tribune-Local TV Deals — $1.5 Billion Gannett-Belo Deal Would Affect 20 Stations in 15 Markets … The Federal Communications Commission on Friday approved two major deals involving local television stations that will add to consolidation in the media market.

Discussion: Multichannel.com, NetNewsCheck Latest, Bloomberg and TVSpy

Keith J. Kelly / New York Post:

Maxim magazine sale to Darden Media reportedly collapses — Darden not Alpha enough to nail Maxim mag — Negotiations by Darden Media to buy Maxim and its parent, Alpha Media, have collapsed, sources tell Media Ink. — Cerberus Capital Management, Alpha's majority owner …

Discussion: FishbowlNY

Elizabeth Green / Nieman Journalism Lab:

The continued rise of single-subject sites — Five years ago, when I first started building the news organization that my colleagues and I now call Chalkbeat (then known as GothamSchools), a friend asked me an innocent question. “So you cover education now. But what will your next beat be?”

Discussion: @davidepstein and @niemanlab

Alan Rusbridger / Guardian:

Guardian editor contrasts the U.S. public debate after NSA leaks with Britain's apathy — Obama's NSA review gives the lie to Britain's timid platitudes: a debate is possible — In the US, the official response to Snowden's revelations celebrates journalism and calls for real change.

Discussion: Capital New York, Kirk LaPointe's …, Press Gazette, @ggreenwald, @glynmoody, @antloewenstein, @robobr7, @juliansimpson1, @jeffjarvis, The Daily Caller and Wired

Roy Greenslade / Guardian:

Media coverage of Saatchi and Lawson evidence flirted with contempt — The frenzied dissection of the witnesses' testimony in the Grillo sisters' fraud trial held up all concerned to public mockery — The trial of the Grillo sisters was covered by the media with a greater intensity …

Discussion: Reuters, Softpedia News, Latest News & Headlines and Variety

Aditya Kishore / Guardian:

Battleground Britain: who will dominate UK video streaming? — Aditya Kishore analyses the battle for video streaming dominance in extremely competitive UK market place — Clearly, Netflix dominates the US home video market: More than 30 million households subscribe to the service …

Daniel Reimold / Poynter:

Singaporean government bureaucracy effectively closes news site — I am in Singapore at the moment, by chance witnessing the death and dismemberment of a popular online news outlet. — I have seen scant outside coverage of this rather strange, censorious saga, so I'm writing a tiny bit about it in hopes of helping spread the word.

Discussion: @poynter

Margaret Sullivan / The Public Editor's Journal:

Pledging Clarity, The Times Plunges Into Native Advertising — After months of preparation and scrutiny, “native advertising” is about to arrive at The Times. That practice, much discussed in media circles, has been the subject of a recent Federal Trade Commission public workshop under the appropriate name, “Blurred Lines.”