Mediagazer: Condé Nast Entertainment now has eighth branded video channel (Caysey Welton/Folio)

1:00 AM ET, February 7, 2014

Top News:

Advertising Declines Weigh On News Corp, Times Co. — News Corp's revenue fell 4% in its fiscal second quarter as a drop in advertising and subscription revenue at the news and information business offset growth at its other businesses. — Net income dropped to $150 million from $1.4 billion …

Discussion: @yahoofinance

Alex Hayes / mUmBRELLA:

News Corp Aussie newspapers lose 17 per cent of revenues — Australian newspaper revenues for News Corp dipped further in the final three months of last year, losing 17 per cent year-on-year with CEO Robert Thompson blaming a “challenging advertising market” for the global company's revenues …

Discussion: Forbes, Variety, The Wrap and Business Wire

Joe Pompeo / Capital New York:

Times chief lays out ‘a critical year’ for ad revenue — 2014 will be a “critical year in the story of advertising” at The New York Times Co., chief executive Mark Thompson said this morning. — On a conference call with Wall Street analysts following the release of the Times' fourth …

Discussion: @joshsternberg

Joe Pompeo / Capital New York:

Dow Jones to set ‘more flexible’ subscription prices for DJX — Dow Jones & Co., the financial news and data arm of News Corp., will adjust the pricing of its DJX subscription product to make it “more flexible and thus more compelling to clients,” News Corp. chief executive Robert Thomson said today.

Discussion: Talking Biz News

Ravi Somaiya / New York Times:
Times Co. Reports Digital Subscriber Increase, but Continued Ad Declines

Discussion: Newsonomics, New York Times, Columbia Journalism Review, Capital New York, Mashable, FishbowlNY and @romenesko

Andrew Beaujon / Poynter:
New York Times digital subscriptions grew 19% in 2013

Discussion: investors.nytco.com, @edmundlee, AdAge, @pkafka, @bgrueskin, AdExchanger, Quartz, The Huffington Post and @mathewi

First Look Media:

First Look launches its first digital magazine — Last week, First Look Media announced that it will publish a family of new digital magazines - each with its own editorial voice, its own look and feel, and each led by veteran journalists with deep expertise in their fields.

Discussion: The Huffington Post, @brianstelter, Mashable, @astepanovich, @emptywheel, Guardian, @maassp, @pierre, CNET and Politico

Andrew Beaujon / Poynter:

First Look adds more journalists, plans to launch first publication next week — Pierre Omidyar and Eric Bates announced Thursday that First Look Media would launch the first of its planned publications next week. Glenn Greenwald, Laura Poitras and Jeremy Scahill will lead the site, whose …

Robert Graham / Errata Security:

NBC story on visitors to Sochi Olympics getting hacked is misleading — That NBC story 100% fraudulent — Yesterday (Feb 5 2014) NBC News ran a story claiming that if you bring your mobile phone or laptop to the Sochi Olympics, it'll immediately be hacked the moment you turn it on.

Discussion: Business Insider, @alexweprin, Engadget, @grasswire, @briankrebs, @stilgherrian, @agelastic, @tapbot_paul, @lowcalspam, @jandrade, @inthisdimension, @iliablinderman, @androidcentral, @diminish7 and Daring Fireball

Brian Lowry / Variety:

Leno Signs Off ‘The Tonight Show’ for Second Time — “I don't like goodbyes; NBC does,” Jay Leno said in his latest last opening monologue, as he bid farewell to “The Tonight Show” — again — on Thursday night. — Characteristically, Leno wasn't particularly maudlin or sentimental at first …

Discussion: Mediaite, Speakeasy, NY Daily News, @brianstelter, @davelee and Variety

Bill Carter / New York Times:
Subdued Send-Off, but Jay Leno Is Exiting on Top

Discussion: @jyarow, Los Angeles Times, mUmBRELLA, MiamiHerald.com, @juliebosman, @brianstelter, Capital New York and Variety

Caitlin Dewey / WorldViews:

Viral Twitter account rounds up all of Sochi's problems — Officials from both the International Olympic Committee and the Russian government have insisted to media outlets the world over that Sochi is ready for the Olympic Games. But on social media, at least, the Sochi-readiness narrative …

Discussion: Digiday, New York Times, SBNation.com, @fieldproducer, @buzzfeed, CNET and Mashable

David S. Cohen / Variety:
Winter Olympics: How NBCUniversal's Army Of Techs Conquered Sochi

Discussion: The New Yorker Blog, Gigaom, AdAge, Forbes, CNET, Latest News & Headlines and Softpedia News

Paul Farhi / Washington Post:
For NBC, a challenge in covering the Sochi Winter Olympics objectively

Discussion: The Huffington Post, @washingtonpost, @joesudbay, ThinkProgress, Mediaite, Deadspin, @brianstelter and The Huffington Post

Steven Jacobs / Street Fight:

AOL's Armstrong: 'We're Not Giving Up on Patch' — Aol's tenure as Patch's sole owner may be over, but the company's chief executive is not giving up on the hyperlocal network just yet. During an interview on CNBC Thursday morning, Tim Armstrong, who helped found the initiative and spearheaded …

Discussion: @vouchey

Leslie Kaufman / New York Times:
AOL Reports Solid Revenue, but Patch Tamped Down Profit

Discussion: @joepompeo and Silicon Republic

Sruthi Ramakrishnan / Reuters:
AOL revenue rises 13 percent as ad sales jump

Discussion: MediaPost, NetNewsCheck Latest, Deadline.com, VentureBeat, CNET, Forbes, Capital New York, FishbowlNY, @aoladvertising, TechCrunch and Re/code

Cory Doctorow / Boing Boing:

Turks bid farewell to the Internet in the face of brutal censorship/surveillance law — Turkey's brutal new Internet law grants the Turkish Telecommunications Directorate the power to arbitrarily censor Web-pages to the individual URL level, much like the Great Firewall of China …

Discussion: Medium, @zeynep, New York Times, Gigaom, Associated Press, Committee to Protect … and Index on Censorship

Today's Zaman:
Turkey orders deportation of Azerbaijani journalist after his tweets criticizing government

Discussion: @akuranli, @acarvin, @bassem_sabry, @nervana_1, UPI, News24, FOCUS Information Agency, BBC, USA Today, World Bulletin, GlobalPost, Wall Street Journal and Al Jazeera English

Caysey Welton / Folio:

Condé Nast Entertainment now has eighth branded video channel — Condé Nast Entertainment now has eigth branded video channel. — SELF magazine rolled out its new video channel on Feb. 5, which includes editorial-inspired original content. — SELF's new channel …

Kara Swisher / Re/code:

PubMatic Raises $13 Million From Nokia Growth Partners — A few days after the Rubicon Project filed for an IPO, one of its competitors in the race to build fast-growing programmatic advertising platforms, PubMatic, said it had raised $13 million in new funding.

Discussion: AdExchanger

Ken Doctor / Nieman Journalism Lab:

The Guardian has been a journalism leader. Can it build a business strategy that can match its growing global reach? — LONDON — The Guardian is an enigma. — Long a storied editorial brand, it's been propelled toward the top of global news audience, both by its open strategy and its hard-nosed journalism.

Discussion: @arusbridger, @gallaghereditor, @emilybell and @niemanlab

Skift:

Travel Channel Pulls New President From Executive Ranks as It Tries to Find a Vision — U.S. Army Corps of Engineers Nashville District resident engineer explains the operation of installing a barrier wall to Travel Channel's Off Limits host Don Wildman. U.S. Army Corps of Engineers Nashville District / Flickr

Alex Barinka / Bloomberg:

Aereo Reopens New York Online-TV Service to New Subscribers — Aereo Inc., the online-television company that's battling broadcasters in the Supreme Court, reopened its service to New York subscribers after regaining enough capacity to handle demand. — People who were on a waiting list …

Discussion: The Verge, TechCrunch, @engadget and @sai, Thanks:@alexbarinka

Brent Lang / The Wrap: Fox Is ‘Cautiously Optimistic’ Supreme Court Will Stop Aereo

Ryan Chittum / Columbia Journalism Review:

Gannett's print-focused paywalls flounder — The quality imperative and charging for news online — Gannett's fourth-quarter newspaper results, announced Tuesday, were basically miserable. — Revenue at its publishing segment dropped 4.6 percent in the fourth quarter from last year …

Discussion: NetNewsCheck Latest and Guardian

Eric J. Smith / NetNewsCheck Latest:
Gannett: USA Today Inserts To Hit 35 Markets

Discussion: Reuters

Amy Schatz / Re/code:

Twitter Hints at Legal Action to Release More Data on Government Requests — Twitter said Thursday it was considering its legal options in its effort to release more detailed information about the requests for information it receives from U.S. agencies. — Company officials …

Discussion: The Twitter Blog, NYT Bits, Softpedia News, @mikeisaac, Digits and @marciahofmann