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7:25 AM ET, July 17, 2014

Mediagazer

 Top News: 
David Carr / New York Times:
In Modern Media Realm, Big Mergers Are a Bulwark Against Rivals  —  When the news broke on Wednesday that 21st Century Fox, Rupert Murdoch's huge media and entertainment company, made an $80 billion offer to buy Time Warner Inc., another big media conglomerate, it seemed like a seismic jolt in the business landscape.
RELATED:
John McDuling / Quartz:
It's not TV that Rupert Murdoch wants: It's HBO  —  The shockwaves from the news that Rupert Murdoch's 21st Century Fox recently approached Time Warner (and was rebuffed) about an $80 billion takeover are still rippling through New York's media scene today.  —  And the early consensus among analysts …
Discussion: Bloomberg and Mashable
Simon Dumenco / AdAge:
What If Rupert Murdoch Really Is Unstoppable — and Immortal?  —  If the Media Mogul Really Wants to Buy Time Warner, Nothing Can Stop Him  —  Content Marketing 2014  —  Rupert Murdoch appears to be convinced that not only will he live forever, but eventually he'll own every global media company of consequence.
Keach Hagey / Wall Street Journal:
21st Century Fox Bid Puts CNN in Cross Hairs
David Boardman / Poynter:
Essay: Hey, Publishers: Stop fooling us, and yourselves  —  For an industry built on a foundation of truth-telling, the newspaper business sure has trouble telling the truth about itself.  —  Last month at the World Newspaper Congress in Turin, Italy, the chief spokesperson for U.S.-based dailies …
RELATED:
Alan D. Mutter / Reflections of a Newsosaur:
The newspaper crisis, by the numbers
BBC Media Center:
BBC News announces plans to save £48m and invest in digital transformation  —  BBC News today outlined plans to save £48 million a year across the BBC News Group by 2016/17, along with proposals to restructure the division and to invest in digital transformation and original journalism.
Discussion: @spencetimes
RELATED:
BBC:
BBC News to cut a further 415 jobs  —  The BBC's News department is to axe 415 jobs as cost-cutting measures continue, the BBC's director of news James Harding has announced.  —  The move is part of £800m efficiency savings required after the licence fee was frozen in 2010.
Jacob Kastrenakes / The Verge:
Netflix says ‘no rules’ would be better than FCC's net neutrality proposal  —  Netflix filed a comment with the FCC yesterday strongly condemning the commission's new net neutrality proposal, which would allow internet service providers to offer so-called “fast lanes” to companies that can afford them.
Joe Strupp / Media Matters for America:
NPR Backs Off Planned “Downgrade” Of Ombudsman  —  National Public Radio is backing away from a revised job description for its ombudsman that suggested the person in the position should avoid “passing judgment” on any errors in NPR News coverage, calling that listing “a mistake.”
Tyler Hicks / New York Times:
Pulitzer-prize winning NYT photographer describes witnessing the deaths of four boys in Gaza  —  Through Lens, 4 Boys Dead by Gaza Shore  —  GAZA CITY — My day here began at 6 a.m. Photographing something as unpredictable as war still has a routine.  —  It is important to be out the door …
Kristen Schweizer / Bloomberg:
Liberty Global Acquires ITV Stake From BSkyB for $824 Mln  —  Cable billionaire John Malone took another step to expand in TV programs and production with the purchase of a stake in ITV Plc (ITV), the biggest U.K. commercial broadcaster known for its top-rated show “Downton Abbey.”
RT:
Australian bill sees whistleblowing on intel ops punishable by up to 10 years in jail  —  Neo-McCarthyism is on the march in Australia as the country's attorney general proposed a new bill which would see potential whistleblowers facing up to 10 years in prison for leaks.
Discussion: Guardian, Mashable, Engadget and Boing Boing
Laura Hazard Owen / Gigaom:
Amazon is testing “Kindle Unlimited,” an ebook subscription service for $9.99/month  —  Amazon is testing an ebook and audiobook subscription service called “Kindle Unlimited” that offers “unlimited access to over 600,000 titles and thousands of audiobooks on any device for just $9.99 a month.”
Justin Ellis / Nieman Journalism Lab:
A change in the IRS process for granting tax-exempt status could be a boon to nonprofit news  —  It took almost a year and a half for nonprofit news site Eye on Ohio to get its tax-exempt status approved by the IRS this spring.  Launched in the fall of 2012 by former business reporter Lori Ashyk …
Simon Parkin / Eurogamer.net:
Some YouTubers covering video games are running advertorials, paid promotions, and product placement without disclosures  —  Blurred lines: Are YouTubers breaking the law?  —  From unmarked advertorial to paid social promotion, Simon Parkin investigates the ethics and legality of YouTube.
Discussion: Guardian, @renireni and Forbes
Reuters:
Apple agrees conditionally to a $450M settlement in e-book price-fixing case; $400M will go to consumers  —  Apple agrees to conditional $450 million e-books antitrust accord  —  (Reuters) - Apple Inc has agreed to pay $450 million to resolve U.S. state and consumer claims …
Ricardo Bilton / Digiday:
Publishers have an updated evergreen strategy: Make the old new again  —  Here's an irony about the rise of the real-time Web: Sometimes what's new isn't always what performs best.  —  Publishers are doing all they can to wring out more value from their existing body of content.
Melissa Hellmann / TIME:
Nielsen Partners Up With Facebook to Track Television-Viewing Habits  —  Nielsen Media Research, the television-ratings company, will be partnering with Facebook to ascertain what television viewers are watching on their tablets and other mobile devices.  —  In the past, Nielsen solely tracked meters …
 
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 More News: 
Alexia Tsotsis / TechCrunch:
Setting the record straight: how a critique of tech media's flaws came back to bite an editor
Anne Voigt / INMA:
Bild.de brainstorms new revenue ideas, finds long-term success in product partnership campaigns
Scott Roxborough / Hollywood Reporter:
German Police Bust 'Europe's Largest' Underground Pressing Plant
Discussion: Music Week
Angela Haggerty / The Drum:
Metro MD Steve Auckland quits to become CEO of Independent, Evening Standard and London Live brands
Discussion: HoldTheFrontPage, MediaTel and Guardian
Craig Silverman / Poynter:
Study: Political journalists opt for stenography over fact checking during presidential debates
 Earlier Picks: 
David McLaughlin / Bloomberg:
Sony, Universal Said Facing Probe Over Songwriter Fees
Martin Bryant / The Next Web:
Beamly OnDemand is a ‘Twitter DVR’ for BBC iPlayer, ITV Player and 4OD
Discussion: TBI Vision and Digital TV Europe
Samuel Gibbs / Guardian:
The return of the YouTube troll: Google ends its ‘real name’ commenter policy
 

 
From Techmeme:

Alphabet:
Alphabet Q1: revenue up 15% YoY to $80.5B, net income up 57% to $23.7B, Google Cloud revenue up 28% to $9.6B, and headcount down 5%; GOOG jumps 11%+ after hours

Microsoft:
Microsoft Q3: revenue up 17% YoY to $61.9B, net income up 20% to $21.9B, Office Commercial revenue up 13%, LinkedIn revenue up 10%; MSFT jumps 4%+ after hours

Reuters:
Sources: ByteDance prefers a TikTok shutdown in the US rather than a sale if legal options fail, deeming TikTok's algorithm as core to overall ByteDance systems
 
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