Top News:
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 …
Discussion:
TVNewser, Lost Remote, AdAge and @tvnewslab
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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) …
Discussion:
AdAge, MediaPost, MediaPost, FishbowlNY, Variety, Reuters, Re/code, The Drum, Binary Tribune, ValueWalk, Wall Street Journal, Reuters, AdExchanger and Business Wire
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.
Discussion:
The Huffington Post, TVSpy, @angelafritz, Radio and TV Talk, The Wrap, FishbowlNY and Lost Remote
Jane Martinson / Guardian:
Former Sunday Mirror investigations editor pleads guilty to phone hacking — Graham Johnson hacked a phone to investigate whether a soap star was having an affair with a gangster, court hears — Graham Johnson, former investigations editor of the Sunday Mirror, has pleaded guilty to phone-hacking charges …
Discussion:
The Independent, BBC, International Business Times, ABC News, @dansabbagh and @greenslader
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
Justin Bachman / Businessweek:
Before HBO Starts Streaming, Time Warner Wants to Make Big Cable Happy — From the moment Time Warner (TWX) executives announced that HBO will be available outside the traditional pay-TV ecosystem, the company has been emphasizing a story of huge, untapped potential.
Discussion:
BusinessJournalism.org …, @drshanehunt, Wall Street Journal and Variety
Todd Spangler / Variety:
Tribune Media Leads $2.75 Million Round in Digital-Video News Startup Watchup — Newspaper publisher McClatchy also invests in startup, whose service delivers personalized Internet newscasts — Watchup, a startup that delivers personalized newscasts to Internet-video devices, has raised $2.75 million in funding led by Tribune Media.
Discussion:
Nieman Lab, NetNewsCheck Latest, VatorNews and IT News Online
Robert Andrews / Beet.TV:
Wall Street Journal & BBC News Using TouchCast Interactive Video — TouchCast, the interactive video platform co-founded by former TechCrunch editor Erick Schonfeld, has been gaining traction in use by the BBC. Now it is announcing The Wall Street Journal will also use the innovative new service.
Thanks:@beet_tv
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 …
Roy Greenslade / Guardian:
Icelandic journalists face jail for making a mistake — Lawyers acting for an Icelandic interior ministry official are asking for two journalists to be jailed because they mistakenly named her as a target in a police investigation. — In June, the journalists - Jón Bjarki Magnússon …
Discussion:
The official IMMI web and Iceland Review
Press Gazette:
News Corp feared corporate charge over payments could ‘kill company’ and risk 46,000 jobs — A corporate charge against News International over making payments to public officials could have destroyed the company, a court heard yesterday. — The parent company of the Sun and the News of the World …
Discussion:
The Independent, BBC, International Business Times and Guardian
Farhad Manjoo / New York Times:
Fall of the Banner Ad: The Monster That Swallowed the Web — Twenty years ago last month, a team of well-meaning designers, coders and magazine publishers inadvertently unleashed on an unsuspecting world one of the most misguided and destructive technologies of the Internet age: the web banner ad.
Discussion:
FishbowlNY, @toddpruzan, Wall Street Journal, @sonadelite, @juliaangwin, @rsingel, @mccollumashley, @aa, @fmanjoo and @jackmarshall
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