Mediagazer: CNN Removes Reporter Diana Magnay From Israel-Gaza After ‘Scum’ Tweet (Michael Calderone/The Huffington Post)

1:45 PM ET, July 18, 2014

Top News:

Michael Calderone / The Huffington Post:

CNN Removes Reporter Diana Magnay From Israel-Gaza After ‘Scum’ Tweet — NEW YORK — CNN has removed correspondent Diana Magnay from covering the Israeli-Palestinian conflict after she tweeted that Israelis who were cheering the bombing of Gaza, and who had allegedly threatened her, were “scum.”

Forbes:

Forbes Media Agrees To Sell Majority Stake To A Group Of International Investors To Accelerate The Company's Global Growth — Forbes Family Welcomes Significant Investment by Investor Group — Investors Are Committed to Forbes' Brand, Strategy, Values and Management …

Seth Fiegerman / Mashable:
Forbes Sells Majority Stake to International Investors For $475 Million

Discussion: Bloomberg, Folio, WWD, Hollywood Reporter, @johngapper and @johngapper

Jack Shafer / Reuters:

Streaming media services such as Netflix make a Fox-Time Warner deal as bad a bet as '90s newspaper buys — Dear Mr. Murdoch: Save yourself 80 billion bucks — The first time Rupert Murdoch tried to acquire Warner, Ronald Reagan was completing his first term as president …

Discussion: Reuters, Wall Street Journal, @mccarthyryanj and @carr2n

New York Times:

Fox Challenges ESPN with Pursuit of Time Warner — Rupert Murdoch loves nothing more than taking on an entrenched powerhouse, and with his audacious $80 billion bid to purchase Time Warner, he showed a willingness to go up against one of the industry's most powerful players — ESPN.

Discussion: New York Post, Deadspin, Wall Street Journal and FierceCable

William Turvill / Press Gazette:

Russia Today London correspondent resigns in protest at ‘disrespect for facts’ over Malaysian plane crash — A Russia Today reporter based in London has resigned with immediate effect in protest at the station's coverage of yesterday's plane crash in Ukraine.

Discussion: The Independent, The Wrap, Guardian, Mediaite, Variety, Talking Points Memo, The Huffington Post, @paulxharris, @leonidragozin, @johnprescott and The Week

Amazon.com:

Introducing Kindle Unlimited: Unlimited Reading and Listening on Any Device—Just $9.99 a Month — Read freely from over 600,000 books—available on Kindle devices, as well as free Kindle reading apps for iOS, Android and more — Listen to thousands of audiobooks from Audible …

Jeremy Greenfield / Forbes:
When Amazon Acts Like A Start-up: Why Amazon Has Entered The Ebook Subscription Market

Discussion: GalleyCat, Digital Book World and Publishers Lunch

Yoree Koh / Wall Street Journal:

Twitter expected to unveil new metrics that count people who see tweets in embeds and on TV — Under Pressure, Twitter Tries to Resize Itself — Company Is Expected to Unveil New Metrics That Will Show Breadth of Its Audience — After a troubling start as a public company …

Discussion: VentureBeat, @pkafka, Business Insider and American Press Institute

Stuart Dredge / Guardian:

Microsoft plans to spin-off Nokia MixRadio as a standalone music streaming service, iOS and Android versions now a possibility — Nokia MixRadio spins out of Microsoft as standalone streaming music service — Personal radio app will still be preloaded on Windows Phones, but now has scope to launch on iOS and Android too

Discussion: RAIN News, Music Ally, Music Week, The Next Web, WinBeta, SlashGear, TIME and hypebot

Alexa Olesen / Foreign Policy:

Crowdsourced translations site of worldwide news articles Cenci obliterated by Chinese censors — Another Chinese Website Bites the Dust — Crowdsourced translation site Cenci gets ‘erased from the planet.’

Discussion: @keithrichburg, @wcshifflett, @ael_o, @trnels, @bethanyallenebr and @meiguojen

Paul Farhi / Washington Post:

With jet crash, news media again weigh where to draw the line on graphic photos — As news about the Malaysia Airlines jet crash began breaking Thursday, the Reuters news service tweeted what it described as the first photo from the scene in Ukraine. The image was ghastly …

Discussion: The Atlantic Online, New York Times, @sulliview, @antderosa, dailyrecord and Poynter

Reuters:

BSkyB in talks to acquire 21st Century Fox's Sky Deutschland and Sky Italia for estimated €10B — BSkyB prepares to roll the dice again with European expansion — * BSkyB in talks to buy Fox's German and Italian units — * Italian business hit by macro economic pressure

Sports Journalists' Association:

Commonwealth Games journalists upset by £70 charge for remote access to preview information — Glasgow organisers charge media for preview material — Journalists hoping to provide readers with basic preview information on the eve of the Commonwealth Games in Glasgow are being forced to pay for it by the organisers.

Discussion: Guardian

Mike Shields / Wall Street Journal:

After Shutting Down Xbox Studios, Microsoft Faces Trust Issues With Advertisers — Microsoft 's decision to shutter the Xbox Entertainment Studios division, as part of 18,000 layoffs announced on Thursday, has shocked and angered several top ad buyers, causing some to once again question the company's commitment to advertising.

Discussion: FierceCable, The Next Web, VideoNuze Analysis, Forbes, PopWatch and /Film