Mediagazer: Co-founder of music discovery tool We Are Hunted builds Wonder.fm, a site that streams new releases from SoundCloud (Kelsey McKinney/Vox)

4:45 AM ET, October 9, 2014

Top News:

NBC Wanted to Hire Jon Stewart As Host of Meet the Press — “They were ready to back the Brink's truck up,” one source said — 2.4k — This Sunday marks Chuck Todd's one-month anniversary in the anchor chair at Meet the Press. Despite an opening-week ratings spike from his exclusive sit …

Discussion: New York Times, UPROXX, @tomgara, @elizabeth_calo, @alexweprin, Mediaite, @ewerickson, @jjsimonwp, CNNMoney.com, @eliapowers, Washington Post, Talking Points Memo, The Week, The Daily Caller, Business Insider, Inside TV, Mother Jones and Variety

Kara Swisher / Re/code:

Twitter News Head Vivian Schiller Out in Media Unit Consolidation — Vivian Schiller, the high-profile NBC and NPR exec who Twitter hired to run its news unit, is leaving the company as part of a consolidation. Adam Sharp will now be in charge of both news and politics at the social messaging company .

Discussion: @vivian, Guardian, TechCrunch, Multichannel News, Bloomberg, @vivian, @vivian, LNR Journalism, New York Times, @jcstearns, Mashable, @jayrosen_nyu, @digiphile, @stevekovach, Wall Street Journal and Hollywood Reporter

Natalie Jarvey / Hollywood Reporter:

Funny or Die Launches News Hub — “You can be entertained while getting your news” — Funny or Die is tackling the news with the Wednesday launch of its newest content vertical. — Funny or Die News will feature daily editorial content about current events from the comedy website.

Discussion: @dorseyshaw, @funnyordie and Mediaite

Michael Calderone / The Huffington Post:

The New York Times Keeps Cutting Newsroom Jobs, But Headcount Doesn't Budge — NEW YORK — New York Times executive editor Dean Baquet recently announced plans to eliminate 100 jobs through voluntary buyouts or layoffs, marking another grim occasion for the beleaguered newspaper industry.

Discussion: Capital New York, @mlcalderone, @sulliview, @stuartathompson and @abeaujon

Peter Kafka / Re/code:

IAC May Buy Korean Video Site DramaFever — DramaFever, a Web video service that specializes in Korean movies and TV shows, is looking to raise money or sell. — One potential buyer: Barry Diller's IAC. — Sources say DramaFever, which has raised a reported $11.5 million in debt and equity …

Glenn Fleishman / The Magazine:

Subscriber-supported magazine app The Magazine will produce its last issue Dec. 17 — Last Issue Is December 17, 2014 — Hello, readers, The Magazine will stop publishing its every-other-week issues on December 17, 2014, cancel all outstanding subscriptions, and automatically provide pro-rated refunds …

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Derek Thompson / The Atlantic Online:

George Gallup's 1928 college thesis showed readers lie about how much serious news they want — Readers Are Liars: The 1928 Study That Predicted the Future of News — It's a simple enough question: What do you read all day long? — For hundreds of years, it was also an utter mystery to the publishing business.

Discussion: @alexweprin and @dkthomp

Kelsey McKinney / Vox:

Co-founder of music discovery tool We Are Hunted builds Wonder.fm, a site that streams new releases from SoundCloud — Wonder.FM will tell you what the cool kids are listening to — Wonder.fm is a hipster oasis. The new music site streams undiscovered, new releases straight from Soundcloud …

Discussion: Gigaom

Janko Roettgers / Gigaom:

Next up for Netflix: An expansion to South Korea, Italy or the Middle East? — Netflix is looking for people who can speak Korean, Arabic and a number of other languages. The job offer could give us clues about the company's international plans. — Netflix isn't done with its international expansion …

Mathew Ingram / Gigaom:

Ongoing crowdfunding sites like Patreon are becoming a source of revenue for journalists — Can Patreon's crowdfunding platform help journalists go direct? Jesse Brown is going to find out — Canadian journalist Jesse Brown decided he needed to get paid for his podcast or give it up …

Reuters:

South Korea indicts Japanese journalist for defaming President — (Reuters) - South Korean prosecutors indicted a Japanese journalist on Wednesday for defamation of President Park Geun-hye over an article he wrote about her personal life and whereabouts on the day of a deadly ferry disaster in April.

Discussion: Associated Press

Claire Atkinson / New York Post:

Hulu CEO mulls cutting number of ads running on Hulu Plus — Hulu is looking to lighten its ad load. — CEO Mike Hopkins, who took the helm in May, is considering cutting back the number of ads that appear on Hulu Plus, the $7.99-a-month paid tier of the online streaming service, The Post has learned.

Discussion: Gigaom