Mediagazer: Traders turn to Twitter for market news. Now they can measure mood, too (Jeff John Roberts/Gigaom)

6:55 PM ET, February 28, 2014

Top News:

Dean Starkman / Columbia Journalism Review:

A new consensus on the future of news — The future isn't what it used to be, and that's a good thing — Just a couple of years ago, although it feels like a lot longer, the media world was embroiled in something like a gigantic family argument over the idea of whether it was good idea to charge readers for news online.

Discussion: @myersnews, @davewiner, @mterenzio, @jayrosen_nyu and @mathewi

Bloomberg:

Comcast weighs spinning off 3M subscribers into a new company after TWC deal — Comcast Said to Weigh Subscriber Spinoff After Time Warner Deal — Comcast Corp. (CMCSA) is weighing options for how to divest about 3 million cable subscribers as part of a takeover of Time Warner Cable Inc. …

Discussion: Deadline.com

Liana B. Baker / Reuters:
Liberty Media says Charter would look at buying Comcast divestitures

Discussion: Broadcasting & Cable, Wall Street Journal, Business Wire, Hollywood Reporter, Deadline.com and Fox Business

Mark Ames / PandoDaily:

Pierre Omidyar co-funded Ukraine revolution groups with US government, documents show — Just hours after last weekend's ouster of Ukrainian president Viktor Yanukovych, one of Pierre Omidyar's newest hires at national security blog “The Intercept,” was already digging for the truth.

Emma Bazilian / Adweek:

TheWeek.com Launches ‘Speed Reads’ Vertical — In the past couple of years, the “longread” has been one of the most popular buzzwords among online publications, with outlets from BuzzFeed to The Atlantic touting investments in more deep-dive, longform journalism.

Discussion: theweek.com

Jim Romenesko:

Report: Tampa Bay Times to cut 10% of newsroom staff, copy desk to be hit hard — A SportsJournalists.com commenter says he's been told that the Tampa Bay Times newsroom will shrink by 10%, and that the copy desk will be hit the hardest. “In addition, the regional sections will be published …

Discussion: @gmarkham, TBO.com and @flpressclub

Darren Boyle / Press Gazette:

FT Group boosts profits to £55 million as business daily's digital subs rise to 415,000 — The FT Group made a profit of £55 million last year despite plunging print circulation figures for the FT according to results reported this morning. — Profit was said to be up 17 per cent year on year, on an underlying basis.

Discussion: Columbia Journalism Review and Guardian

Kristen Schweizer / Bloomberg:
Pearson Plunges as Earnings Drop on Education in North America

Discussion: City A.M., Wall Street Journal, RTTNews, Life Style Extra, London News, Reuters, Financial Times, Bookseller news and @tcarmody

Lisa O'Carroll / Guardian:

Rebekah Brooks ‘embarrassed’ at not buying MPs' expenses scoop — Former Sun editor tells phone-hacking trial she hesitated over high cost of story, which was later published by Daily Telegraph — Rebekah Brooks has declared her “embarrassment” at not paying a public official …

Michael Holden / Reuters:
Ex-Murdoch British CEO Brooks paid official for Saddam anthrax story

Discussion: The Evening Telegraph, The Drum and BBC

Jeff John Roberts / Gigaom:

Traders turn to Twitter for market news. Now they can measure mood, too — Financial firms once blocked Twitter to prevent employees leaking sensitive information. It worked, but there was a problem: reporters and companies were using Twitter to reveal important news, leaving traders to rely on second-hand accounts.

Margaret Simons / Guardian:

The Saturday Paper: who on earth would launch a newspaper today? — Meet publisher Morry Schwartz and his 25-year-old editor, Erik Jensen, who over Darjeeling tea dreamed up an audacious plan to buck the rampant trend towards digital — Print enthusiasts Schwartz and Jensen.

Discussion: @niemanlab, @mathewi and @themurdochtimes

Ken Kurson / The New York Observer:

The Process of Reporting The Observer's Story on Eric Schneiderman — The Process of Reporting The Observer's Story on Eric Schneiderman — It has mostly been The Observer's policy to let our stories do the talking and not get caught up in the ensuing discussion we hope to create.

Discussion: Jack Shafer, @hamiltonnolan, @oliverburkeman, @pkafka, @michaelroston, @hunterw, @fmanjoo, @edzitron, @joepompeo, @matt_levine and @davidfrum

Brooks Boliek / Politico:

FCC dumps controversial media study — The Federal Communications Commission is pulling the plug on a controversial survey of TV newsroom activities that sparked a firestorm of criticism from Republicans. — “The FCC will not move forward with the Critical Information Needs study,” an FCC spokesman said Friday.

Discussion: Adweek, Bloomberg, Wall Street Journal, The Hill, @marshablackburn and @gnagesh

Ricardo Bilton / Digiday:

Business Insider launching in UK this year, first outside US with no franchisee content licensing deals and its own staff — Business Insider prepares to take the UK — For Business Insider, the next move in its bid for global domination is to colonize the U.K.

Discussion: @hblodget

Michael Sebastian / AdAge:

A&E Networks and Say Media Team Up to Continue Biography.com — A&E Networks and Say Media Team Up to Continue Biography.com — How to Make Credible Green Marketing Claims — A&E Networks is killing off the Bio Channel this summer to install the new FYI Network, but it's not killing off the Bio website.

Discussion: Adweek and @msebastian

Jeff Bercovici / Forbes:

'Gawker Is Snarkier Than I'd Like': Outtakes From My Playboy Interview With Nick Denton — Eight thousand words sounds awfully long for a Q&A, but for someone with as much to say as Nick Denton, it's really only the beginning. — My hours of interviews with the Gawker Media founder …

Discussion: @jeffbercovici

Scott Roxborough / Hollywood Reporter:

21st Century Fox's Sky Deutschland Boosts Sales, Trims Losses in 2013 — The German pay-TV operator books a net loss of $182 million on revenues of $2.12 billion in 2013. — Sky Deutschland, the German pay-TV operator controlled by Rupert Murdoch's 21st Century Fox, is still in the red but the slowly …

Discussion: Variety

Michael Sebastian / AdAge:

Maxim Magazine Sold to Restaurant Holding Company — Biglari Holdings Bought the Trouble Men's Title … Here's hoping this deal is real: Alpha Media Group has sold Maxim magazine to a subsidiary of Bilgari Holdings, a holding company that specializes in owning restaurants such as Steak 'n Shake, the companies said Thursday.

Discussion: @davidpoland

Janko Roettgers / Gigaom:

Al Jazeera is staffing up for the launch of its AJ+ online video news network — Al Jazeera is hiring dozens of producers, correspondents and other staffers around the world to get ready for the launch of its AJ+ online video news network. The AJ+ project, which is run by a team based …

Jasper Jackson / TheMediaBriefing:

Why isn't the rest of Europe following the German and French lead on digital VAT? — Consumer Media, Digital Media, Finance and Deals, Mobile — What makes media more worthwhile subsidising in print than in digital? That's the simple question that EU governments have consistently failed …

Discussion: @stellaamisspwc and @nbdas