Mediagazer: Tom Wallace and John Bellando out in big Condé Nast executive shuffle (Nicole Levy/Capital New York)

2:30 PM ET, July 23, 2014

Top News:

Tom Wallace and John Bellando out in big Condé Nast executive shuffle — Condé Nast chief operating and financial officer John Bellando and editorial director Thomas Wallace are exiting the company, C.E.O. Chuck Townsend told staff this morning in a memo obtained by Capital.

Discussion: Folio, AdAge, Media & Entertainment, WWD Media Headlines, Poynter, FishbowlNY, New York Magazine and Digiday

Áine Kerr / Storyful Blog:

Mandy Jenkins joins Storyful as Editor of the Open Newsroom — We are proud to announce that Mandy Jenkins is joining Storyful as Editor of the Open Newsroom. — Jenkins, formerly of Digital First Media's Project Thunderdome and the Huffington Post, will help to oversee the highest standards …

Discussion: @jeffjarvis and @craigsilverman

Rick Edmonds / Poynter:

If Gannett is a bellwether, 2014 will be another tough year for newspaper advertising — Since the Newspaper Association of America stopped reporting quarterly revenue results last year, I have looked at Gannett's numbers as a reasonable proxy for the industry.

Discussion: bizjournals, Des Moines Register, RTTNews, Guardian, NetNewsCheck Latest, CNBC, TVSpy, Broadcasting & Cable, Radio & Television … and Wall Street Journal

Associated Press:

Afghan Officer Charged With Killing AP Photographer Receives Death Sentence — KABUL, Afghanistan (AP) — A Kabul court announced Wednesday that the Afghan police officer charged with killing Associated Press photographer Anja Niedringhaus and wounding veteran AP correspondent Kathy Gannon has been convicted and sentenced to death.

Discussion: Poynter

Joseph Lichterman / Nieman Journalism Lab:

From Grumpy Cat to Ukraine: How Mashable is expanding beyond gadgets and apps — Within minutes of the first reports that a Malaysia Airlines plane had crashed over eastern Ukraine Thursday, Mashable had live coverage up and running. Its real-time news staff in New York was updating the post …

Discussion: The New York Observer, @thebeff, @niemanlab, @fionaspruill, @jamescuff and @lheron

Nick Summers / The Next Web:

Reddit Live is now official, lets anyone create their own breaking news live blog — Today, Reddit officially launched its own live-blogging platform. The company calls it Reddit Live and the feature has actually been in “semi-open beta” for a few months now - you may have stumbled across …

Discussion: @mattnavarrauk and The Inquisitr News

Wall Street Journal:

WSJ Takes Some Computer Systems Offline After Cyber Intrusion — Publisher Investigating Hacker's Claims; No Evidence Customer Data Affected — Computer systems housing The Wall Street Journal's news graphics were hacked by outside parties, according to Journal publisher Dow Jones & Co.

Discussion: ZDNet, FishbowlNY, Consumerist, Reuters, The Register, International Business Times, The Standard, @gregoryjmillman and Computing

Rolfe Winkler / Wall Street Journal:

YouTube Music's Head Quits, a Setback to Paid Service — The head of YouTube's effort to launch a music subscription service is leaving, marking yet another hurdle for the long-delayed project. — Chris LaRosa, YouTube's product manager in charge of music, will be leaving Google this Friday to join a startup.

Discussion: @wsjd, @jherskowitz, Tubefilter, AndroidHeadlines.com, hypebot, 9to5Google, SocialTimes and Android Police

Variety:

Variety Produces First Virtual Reality Red Carpet Coverage — Jaunt VR teams with magazine for ‘Guardians of the Galaxy’ premiere video — Variety became the first news outlet to produce virtual reality video coverage of a red carpet premiere Monday night, teaming with VR technology provider Jaunt …

Keach Hagey / Wall Street Journal:

Fox's Debt Key in Time Warner Bid — Ever since his News Corp survived a bruising liquidity crisis in the early 1990s, Rupert Murdoch has been careful to avoid getting overextended financially. But his pursuit of Time Warner Inc. could test that philosophy.

Discussion: Motley Fool, Hollywood Reporter, Los Angeles Times, @miriamgottfried and @edmundlee

Capital New York:

The 60-second interview: Alan Murray, incoming editor of Fortune, outgoing president of Pew Research Center — CAPITAL: Talking to insiders, one gets the sense that Fortune could use a bit of a refresh. What do you see as Fortune's mission and how will it be different in 12 months from what it is today?

Discussion: Poynter, Media & Entertainment and MediaWire Daily

Samantha Bookman / FierceOnlineVideo News:

UK scraps its ‘three strikes’ piracy plan, brings in softer guidelines — In a signal that heavy-handed anti-piracy tactics—and placing the burden of enforcement on ISPs—isn't working well, the United Kingdom is revising its “three strikes” plan which would boot illegal file sharers off their ISP after three warnings.

Discussion: The Independent, The Week, PC Pro, TorrentFreak, Load the Game, Music Week, BGR and TorrentFreak

Fabian Mohr:

Why show dead people in the news? — There's a sentiment I've encountered again lately: Don't show photographs of dead or injured/traumatized people in the news. Why? Because “showing this doesn't add anything to the story”, because “showing the dead takes their dignity”, because “children shouldn't see this.”

Discussion: @fabianmohr and @wblau