Mediagazer: Viddy, Once Touted As ‘The Instagram For Video’, Will Shut Down On December 15 (Jon Russell/TechCrunch)

11:50 AM ET, November 5, 2014

Top News:

Axel Springer drops bid to block Google from running snippets of news, citing traffic decline — Germany's top publisher bows to Google in news licensing row — (Reuters) - Germany's biggest news publisher Axel Springer has scrapped a bid to block Google from running snippets of articles …

Harro ten Wolde / Reuters:

Axel Springer core profit growth slows as print declines — FRANKFURT, Nov 5 (Reuters) - German publisher Axel Springer on Wednesday reported a slowdown in its core profit growth as a continued decline in print circulation weighed. The publisher of Europe's top-selling daily “Bild” …

Discussion: Axel Springer SE, Reuters, Reuters and rttnews.com

Esther Breger / The New Republic:

Fusion's Election Night Coverage Was Like ‘The Daily Show’ For People Who Think Politics Don't Matter — For most news networks, election night is a time to solidify one's image and unveil new technologies. CNN had its usual flashy stunts, and the flashiest was the Empire State Building …

Discussion: @mikeisaac, @jayrosen_nyu and @niemanlab

Jeremy Barr / Capital New York:

Times names a ‘print editor’ for metro — Dean Chang, who serves as city editor for The New York Times, has been appointed to the new position of “print editor” for the metro section. — In his new role, Chang “will be responsible for planning, coordinating and executing metro's daily print section …

Discussion: FishbowlNY, @jayrosen_nyu, @niemanlab, @kleinmatic and @bgrueskin

John McDermott / Digiday:

Snapchat in talks with CNN, Comedy Central, Vice, more for upcoming launch of Discover — Snapchat is in partnership talks with BuzzFeed, Time, others — Snapchat is in negotiations with Comedy Central, Spotify and Vice for the upcoming launch of Discover, a section within the app …

Discussion: Business Insider and dotRising

Todd Spangler / Variety:

Dish Prepared to Take TNT, TBS Off Lineup, Leave CNN Dark for Good: Ergen — Satcaster's chairman says it has hit technical snags for OTT service but still plans launch by end of 2014 FILM TV DIGITAL CONTENDERS VIDEO DIRT JOBS MORE SIGN IN search HOMEBIZNEWS Dish Prepared to Take TNT …

Discussion: Deadline, AdAge, Multichannel News, Reuters, bizjournals, Los Angeles Times, Reuters, Bloomberg, Home Media Magazine, Advanced Television, The Wrap, Wall Street Journal and FierceCable

Press Gazette:

Sun six trial told that News Corp gave evidence on journalists to police to stop coporate prosecution — The Sun six conspiracy trial was told yesterday that News Corp handed evidence about journalists over to the police in order to save the company itself from a corporate prosecution.

Discussion: @dangillmor

The Canadian Press:

Torstar posts $125.3 million profit as Harlequin boosts Q3 results — TORONTO Torstar Corp. reported a third-quarter profit of $125.3 million as the sale of its Harlequin romance book business boosted its bottom line. Torstar is the owner of Metroland Media, which publishes The Hamilton Spectator among many other Ontario newspapers.

Discussion: The Canadian Press, Toronto Star and Globe and Mail

Jon Russell / TechCrunch:

Viddy, Once Touted As ‘The Instagram For Video’, Will Shut Down On December 15 — Remember Viddy? The one-time red hot mobile video app is closing down. That's according to Fullscreen, the company that bought it for $20 million — a snip of its peak valuation — earlier this year.

Discussion: viddy blog, App Advice and socalTECH.com

Yoree Koh / Wall Street Journal:

New App ‘Hash’ Attempts to Better Organize Tweets Around Events — For years, new Twitter users have complained that the social media service is too hard to navigate. Finding relevant content before it gets lost in the noise can prove challenging. — While over half a billion tweets …

Discussion: @sub8u, @wsjd and @yoreekoh

Georgia Graham / Telegraph:

BBC accused of gagging older women who are ‘forced out’ of their jobs — Miriam O'Reilly, the former Countryfile presenter who won an age discrimination case against the BBC, quotes six women she claims have been forced out of BBC news programmes because of their age

Discussion: Daily Mail, Daily Express, The Independent, Guardian and The Times

Alec Wilkinson / New Yorker:

Modern Farmer's Ann Marie Gardner negotiates a tense relationship with her primary funder while keeping a young magazine vibrant — Read It and Reap — Each issue of Modern Farmer, the stylish agrarian quarterly, has an austere portrait of an animal on the cover. So far, there have been six.

Discussion: @thebrowser, @bbqsnob, @brookejarvis and @scootes

Brent Lang / Variety:

Time Warner Q3: revenue up 3% to $6.24B; Turner Broadcasting up 5% to $2.4B; HBO up 10% to $1.3B — Time Warner Quarterly Earnings Beat Wall Street Projections — Time Warner third quarter earnings beat Wall Street's estimates. Revenues at the company increased 3% to $6.24 billion versus $6.04 billion …