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11:20 AM ET, March 7, 2014

Mediagazer

 Top News: 
Felix Salmon:
The Satoshi Paradox  —  Newsweek wanted a scoop for its relaunch cover story, and boy did it deliver: it uncovered the identity of Satoshi Nakamoto, the inventor of bitcoin.  Who then promptly came out and denied everything.  Which means that one of the two is wrong: either Nakamoto …
RELATED:
J.K. Trotter / Gawker:
Newsweek Editor-in-Chief: We Stand by Our Bitcoin Story  —  Newsweek isn't backing down.  Hours after publishing Leah McGrath Goodman's 4,5oo-word profile of a 65-year-old Temple City engineer named Dorian S. Nakamoto—who, Goodman claims, is the long-mysterious inventor of Bitcoin …
Ryan Nakashima / Associated Press:
Dorian S. Nakamoto denies he's Bitcoin founder, heard of Bitcoin 3 weeks ago  —  AP EXCLUSIVE: MAN DENIES HE'S BITCOIN FOUNDER … LOS ANGELES (AP) — The man Newsweek claims is the founder of Bitcoin denies he had anything to do with the digital currency.
Bloomberg:
Pursued by media, Nakamoto says “I'm not involved” with Bitcoin, then meets with AP reporter
Discussion: @jakeadelstein
Lucia Moses / Adweek:
Eric Danetz Named Publisher of Fortune  —  Fortune is getting a publisher after all: Eric Danetz.  The business title hasn't had someone in that role since 2012.  When Jed Hartman became group publisher of Time Inc.'s news and business brands that year, the publisher title was downgraded to vp of sales.
Discussion: Politico and AdAge
Ingrid Lunden / TechCrunch:
Spotify Acquired Music Tech Company The Echo Nest In A $100M Deal  —  On the heels of the news yesterday that Spotify had acquired music discovery technology company Echo Nest, we now have a price for the deal: it was $100 million, with 90% of that in Spotify equity.
RELATED:
Bloomberg:
Spotify Said to Seek Credit Facility in Step Toward IPO  —  Spotify Ltd., the Stockholm-based music-streaming company backed by billionaire Li Ka-Shing, is speaking with banks about raising a credit facility, a move that could presage an initial public offering in the U.S., people with knowledge of the matter said.
Gautham Nagesh / Wall Street Journal:
FCC to Vote March 31 on Media Ownership Rules  —  Change Could Have Major Implications on Largest Broadcast Companies  —  The Federal Communications Commission will vote later this month on a proposal to ban two or more separately owned broadcast TV stations from teaming up to negotiate retransmission fees …
Discussion: US News
RELATED:
Paul Quigley / The Whip:
Here's what happens when the readers choose the front page story  —  What if front pages were selected by newspapers' readers instead of their editors?  At NewsWhip, we're always interested in the news stories people are choosing to share - and how those stories differ from the normal news stories editors put …
David Amrani / Digiday:
Q&A with Foreign Affairs publisher Lynda Hammes about the challenges in digital  —  How Foreign Affairs learned to love digital  —  So much of the industry's attention on journalism is on the up-and-comers, the “millennial” news outlets delivering updates in bite-size, candy-coated pieces.
Rick Edmonds / Poynter:
USA Today's two-year strategic overhaul gains traction  —  USA Today has probably changed more in the last two years than in its previous 30.  —  Always a circulation-driven enterprise, the paper now has a radically different audience strategy, substituting mobile app traffic …
Bonnie Burton / CNET:
Newspeg puts journalistic spin on Pinterest-style bookmarking  —  Pinterest can be a great way to bookmark and organize all your favorite celebrity photos, recipes, DIY inspirations, home-decorating tips, and videos of famous Internet cats.  But for those who want to save and organize more serious articles, Newspeg may be for you.
Discussion: Business 2 Community
Janko Roettgers / Gigaom:
Web TV pioneer KoldCast TV is shutting down after losing millions on original content  —  KoldCast TV, an early pioneer of serialized original video content on the web, is shutting down.  KoldCast co-founder and CEO David S. Samuels announced the decision to shutter the site in a remarkably honest email …
Gideon Spanier / London Evening Standard:
Revenues soar to £1 million a week for Twitter in the UK  —  Twitter is now making more than £1 million a week in revenues in Britain as its growth accelerates in its biggest market outside America, its annual report revealed today.  —  The social media company's UK revenues jumped …
Mike Shields / Wall Street Journal:
Tumblr Ponders Ways to Boost Revenue  —  Nine months after Yahoo acquired Tumblr, it is considering ways to boost revenue from the visual-blogging site, including an ad network, an ad exchange or video ads.  —  In an interview with The Wall Street Journal, vice president of product Derek Gottfrid …
Discussion: VentureBeat
Clifford Coonan / Hollywood Reporter:
China to Decentralize Censorship Process for Local Films  —  Provincial film bureaus will be given authority to independently review movies, part of a plan to streamline the lengthy approval process.  —  China's top film regulator is planning to decentralize the censorship process for local movies …
 
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 More News: 
Carey Dunne / Co.Design:
How Spritz Redesigned Reading, Letting You Scan 1,000 Words A Minute
Daniel Holloway / Broadcasting & Cable:
Bravo Media Promotes Development, Production Executives
Caroline O'Donovan / Nieman Journalism Lab:
Interviewing the algorithm: How reporting and reverse engineering could build a beat to understand …
Discussion: @marginalutility
Bill Mickey / Folio:
Penton Fills Out Its Digital Management Team
Kim Willsher / Guardian:
Libération shareholder warns of job losses at French newspaper
Tom Grubisich / Street Fight:
New Patch Owner Hale Running Company in ‘Lean, Entrepreneurial Mode’
Discussion: AdExchanger and AJR.org
Steven Waldman / Columbia Journalism Review:
Sometimes, contra Jeff Jarvis, philanthropy is the answer to journalism's problems
Discussion: @stevenwaldman
 Earlier Picks: 
Ravi Somaiya / New York Times:
Janine Gibson is named editor of Guardian.com in management shuffle
Lucas Shaw / The Wrap:
Machinima to Lay Off 42 Employees in Sales Reorganization
Discussion: Variety, PandoDaily and AdAge
Raffaele Mastrolonardo / ZDNet:
Piracy crackdown sees 46 torrent, streaming sites blocked in Italy
Discussion: Telecompaper and Music Week
Edward Wyatt / New York Times:
Top Federal Antitrust Official Will Not Weigh In on Comcast-Time Warner Cable Merger
Discussion: @davidfolkenflik and @ellieaskswhy