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7:20 PM ET, November 6, 2014

Mediagazer

 Top News: 
Ben Smith / BuzzFeed:
BuzzFeed doesn't do clickbait, defined as under-delivering what's over-promised in a headline  —  Why BuzzFeed Doesn't Do Clickbait  —  You won't believe this one weird trick.  —  Jon Stewart was asked about BuzzFeed and Vice the other day, and had this to say:
The Australian Financial Review:
Discovery Communications and Foxtel weighing joint bid for Australia's Ten Network  —  Foxtel weighs up Ten Network investment  —  US cable television giant Discovery Communications is weighing up a joint bid for the struggling Ten ­Network Holdings with local pay TV ­monopoly Foxtel.
Brian Steinberg / Variety:
CBS Launches Ad-Supported Broadband News Feed In Effort To Vie With Cable-News Outlets  —  CBS launched what may be the modern media-industry version of a CNN with a new broadband-distributed news feed that will send live, anchored news programming to Internet-connected TVs and other devices …
Mark Sweney / Guardian:
The Economist to launch daily bite-size digital briefing  —  The Economist Espresso will be 171-year-old weekly magazine's first daily edition  —  The Economist is to launch its first-ever daily edition, a bite-size digital briefing designed to complement the 171-year-old weekly news magazine.
Discussion: Economist, mUmBRELLA, @s_m_i and Poynter
Jeff John Roberts / Gigaom:
Aereo imposes large layoffs, but streaming TV service is not shutting down  —  There's more trouble for Aereo, which laid off the majority of its staff this week.  The internet TV service will continue operations for now.  —  Aereo's bad year just got worse.
Martin Peers / The Information:
Media Cos.  Should Stop Milking and Start Investing  —  If there were ever a time when traditional media companies should be investing in growth, this should be it.  Given weak TV ratings and ad revenues, and a pay-TV market that is only likely to decline, businesses built on pay television need to diversify.
Jon Brodkin / Ars Technica:
During Netflix money fight, Cogent's other big customers suffered too  —  Cogent prioritized small business traffic over large network users.  —  When Netflix and its transit providers fought with cable companies and telcos over who should have to pay for network upgrades, it's no secret that innocent bystanders were harmed.
Chris Ariens / TVNewser:
Weather Channel Cuts 40 More Staffers  —  First on TVNewser: Pink slips are being handed out this morning at the Weather Channel.  As many as 40 staffers are being cut from the ranks of senior producers, show producers, and weather producers, insiders tell TVNewser.
Ingrid Lunden / TechCrunch:
AOL Q3 Beats The Street On Sales Of $626.8M, Falls Short On Income Of $121.8M  —  AOL (owner of TechCrunch) this morning reported its earnings for Q3, a mixed result that saw it beating estimates on sales but only matching on earnings, and missing on operating income (OIBDA) …
Benjamin Mullin / Poynter:
Philly.com alums join news startup Philly Voice  —  George Norcross, who lost a bid for The Philadelphia Inquirer in May, appears to be behind Philly Voice, a site that bills itself as “your essential source for news, sports and culture.”  —  The domain was registered in August by …
Karma Allen / CNBC:
Walt Disney earnings: 89 cents per share on revenue of $12.39B, both in-line with estimates  —  Walt Disney Co. delivered quarterly earnings and revenue that were largely in-line with Wall Street expectations on Thursday.  —  After the earnings announcement, the company's shares edged lower in after-hours trading.
Steven Perlberg / Wall Street Journal:
‘Serial’ Is The Hottest Show Of The Fall — Do Marketers Need a Podcast Strategy?  —  On Feb. 9, 1999, the body of Hae Min Lee — a high school student in Baltimore County who had disappeared about a month earlier — was found in a shallow grave in a nearby park.
Gavin J. Blair / Hollywood Reporter:
Viki Adds Japanese Content in Drive to Become a Top Global Channel (Exclusive)  —  Japanese majors Toho and Fuji TV among new content providers for crowd-subtitled multilingual video platform  —  Crowd-subtitled, multilingual video platform Viki has signed multi-territory content deals …
Ryan Gallagher / The Intercept:
British Spies Are Free to Target Lawyers and Journalists  —  British spies have been granted the authority to secretly eavesdrop on legally privileged attorney-client communications, according to newly released documents.  —  On Thursday, a series of previously classified policies confirmed …
 
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 More News: 
Erik Wemple / Washington Post:
ESPN ombudsman blames everyone for Bill Simmons episode
Discussion: ESPN, The Wrap, @billsimmons and USA Today
Robert Andrews / Beet.TV:
Wall Street Journal & BBC News Using TouchCast Interactive Video
Thanks:@beet_tv
Wall Street Journal:
Q3 results at big US media companies show decline in TV ad spending as marketers shift to digital
Margaret Sullivan / New York Times:
The Upshot and the Midterms: Big Test, Good Grade and Lessons Learned
Discussion: The Week
Abhirup Roy / Reuters:
DirecTV reports 6.3% rise in Q3 revenue to $8.37B on higher subscription fees
Discussion: Associated Press
 Earlier Picks: 
Karoun Demirijian / Washington Post:
Russian advertising ban on paid cable and satellite channels threatens independents
Associated Press:
Signs of torture on body of slain Myanmar reporter
Discussion: TIME and Poynter
Erin Polgreen / Columbia Journalism Review:
Why in-house innovation is a great plan for legacy outlets
Discussion: @lpolgreen
Carmel DeAmicis / Gigaom:
Why Twitter needs to court its Vine stars, or risk losing them to Hollywood (and Facebook)