Mediagazer: CBS keeps Colbert's ‘Late Show’ in New York in tax-for-jobs deal (Eric Kelsey/Reuters)

6:55 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, Media & Entertainment, MediaWire Daily, AdAge, WWD Media Headlines, Digiday, Poynter, New York Magazine and FishbowlNY

Judith Rosen / Publishers Weekly:

Amazon Makes Plea to Authors to Quiet Down — Since Douglas Preston began circulating a letter to other marquee and midlist authors late last month in an effort to remove writers from the Amazon-Hachette dispute, he has captured nearly 1,000 author-signatures.

Discussion: @alisonajones, @brandenhart, @david_annandale, @dblobaum and Bookseller news

The Authors Guild:

Amazon-Hachette Debate Yields Diverse Opinions Among Authors — The Authors Guild is committed to an inclusive, big-tent approach to its mission as the published writer's advocate. The recent clash between Amazon and Hachette Book Group has called attention to the contrasting viewpoints …

Discussion: @barryeisler

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: The Inquisitr News, @mattnavarrauk, Daily Dot and Mashable

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: Zombie Journalism, @craigsilverman and @jeffjarvis

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, RTTNews, Guardian, NetNewsCheck Latest, TVSpy, Radio & Television …, Des Moines Register, CNBC, Broadcasting & Cable 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: @thebeff, @fionaspruill, @jamescuff, @niemanlab, The New York Observer and @lheron

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: Variety, 9to5Google, Mashable, Re/code, hypebot, @wsjd, Daily Dot, Tubefilter, AndroidHeadlines.com, @jherskowitz, Android Police and SocialTimes

Alexia Tsotsis / TechCrunch:

Kumo Is Raising $50 Million To Break The TV Bundle — Despite Aereo's trouble in the Supreme Court, the hope of disrupting the TV industry is still alive in the tech world. — A new startup led by Aol and Dish veteran Neil Davis is in the process of raising $50 million to fill that void.

Discussion: @efeng

Peter Kafka / Re/code:

Chernin and AT&T Set to Buy Control of Fullscreen YouTube Network — Fullscreen, the YouTube network that has been talking to prospective buyers for months, is ready to make a deal. Sources familiar with the company say it is finalizing a deal to sell a majority stake to Otter Media …

Discussion: The Wrap, Tubefilter, Gigaom, Variety and @pkafka

Jason Lynch / Quartz:

Charts: How we watch TV now — LOS ANGELES—Americans are watching more television than ever. They're just doing it on their own schedule. — That was the big takeaway as research gurus from CBS, FX, Fox, and Showtime spoke to reporters at the Television Critics Association's summer press tour …

Discussion: @zimbalist

Eric Kelsey / Reuters:

CBS keeps Colbert's ‘Late Show’ in New York in tax-for-jobs deal — (Reuters) - CBS' “Late Show” will stay in New York when comedian Stephen Colbert takes over from the late-night talk show's host David Letterman in a deal that will award the network tax credits for jobs commitments …

Discussion: New York Times, Wall Street Journal, Capital New York and Variety

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 …