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12:25 PM ET, November 5, 2014

Mediagazer

 Top News: 
Reuters:
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 …
Discussion: Gigaom and Wall Street Journal
RELATED:
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” …
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: Toronto Star and Globe and Mail
RELATED:
Linda Nguyen / The Canadian Press:
Toronto Star to eliminate paywall, launch new tablet edition  —  Torstar CEO David Holland speaks to shareholders at their annual general meeting in Toronto on May 7.  —  TORONTO — Torstar Corp. plans to remove the paywall at the country's largest newspaper, the Toronto Star …
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 …
Roy Greenslade / Guardian:
English PEN calls for review of ‘chilling’ press regulation legislation  —  English PEN, the free speech and literature charity, is calling for a review of legislation underpinning press regulation.  —  It has raised concerns, in a report issued today, about the creation of a new class of publisher …
RELATED:
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
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: Guardian and @dangillmor
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 …
Chris Sutcliffe / TheMediaBriefing:
Time Inc's latest results show a company racing its own falling print revenue  —  Advertising, Consumer Media, Digital Media  —  Time Inc, publisher of titles including Time magazine, the NME and Entertainment Weekly, has recorded expectation-beating Q3 revenues but has lowered …
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.
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
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
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 …
 
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 More News: 
Tess Stynes / Wall Street Journal:
Liberty Media Set to Complete Spinoff; Revenue Rises
Discussion: Hollywood Reporter
Catherine Shu / TechCrunch:
Xiaomi To Invest $1B In Online Video Content
 Earlier Picks: 
Brent Lang / Variety:
Warner Bros. CEO Issues Memo on Layoffs: ‘These Changes are Challenging’
Ryan Lawler / TechCrunch:
Rovi Acquires Fan TV To Bolster Its Cloud-Based Video Discovery Products
 

 
From Techmeme:

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

Gaby Del Valle / The Verge:
The US Senate reauthorizes FISA's Section 702; some communication service providers had threatened to stop cooperating with the US government in case of a lapse

 
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