Top News:
Ravi Somaiya / New York Times:
Condé Nast buys Pitchfork Media, the company behind the independent music site and quarterly magazine, for an undisclosed sum — Condé Nast Buys Pitchfork Media — Condé Nast, the publisher that owns magazines like Vogue and Vanity Fair, said on Tuesday …
Discussion:
Pitchfork, The Awl, Mashable, Gothamist, Condé Nast, Salon, @lucas_shaw, @steven_hyden, Variety, The Stranger …, Talking New Media, The New York Observer, Top Digital Journal News, Politico, Quartz, Poynter, The Huffington Post, The Verge, Music Business Worldwide, @cne, @steven_hyden, @petersuderman, @eve_barlow, @waxpancake, AllAccess.com, Fortune and The FADER
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Cynthia Littleton / Variety:
Q&A: Pitchfork Founder Ryan Schreiber on Conde Nast Sale, Indie Roots and Expansion — Ryan Schreiber was an indie music buff with no journalism experience when he launched the website Pitchfork out of his suburban Minneapolis home in 1996. On Tuesday, Pitchfork Media joined the big leagues …
Discussion:
Forbes, TechCrunch, WWD and FishbowlNY
Jeremy Barr / Politico:
New York Times creates digital newsroom to cover and add reporting, commentary on viral stories — The New York Times builds out digital rewrite team — The New York Times has created a new newsroom unit to tackle the types of stories that are going viral on the web.
Discussion:
@edmundlee, @palafo and Business Insider
RELATED:
Jeremy Barr / Politico:
New York Times offers newsstand buyers 24-hour pass for paper's desktop site, mobile apps — New York Times to give digital access to newsstand buyers — While the act of purchasing a physical newspaper from a newsstand hasn't changed much over the last century, The New York Times is hoping …
Discussion:
Digiday, TechCrunch, NetNewsCheck Latest, FishbowlNY, VentureBeat, Media Wire Daily, @mikelizun and @jeffjarvis
Tom Corrigan / Wall Street Journal:
Relativity Television's Employees Expected to Remain After Purchase — Chief Executive Tom Forman will continue in that role — Relativity Television's employees, including chief executive Tom Forman, are expected to remain in place when senior lenders buy the TV studio from the ailing company later …
RELATED:
Brent Lang / Variety:
Buyers Pledge to Bolster Relativity Television With $60 Million Investment — Senior Film and Media Reporter @BrentALang — The prospective owners of Relativity Media's television business are committed to investing a minimum of $60 million into the company behind such shows as MTV's …
Daniel Frankel / FierceCable:
Comcast partners with 30 broadcast and cable networks, including ESPN and AMC, to bring short-form videos to its X1 video platform — Comcast partners with programmers to bring short-form Web clips to X1 — Comcast (NASDAQ: CMCSA) announced it launched a “Web” section …
Discussion:
Comcast, Multichannel News, VideoNuze Analysis and Engadget
David W. Dunlap / New York Times:
Flooding Threatens The Times's Picture Archive — A broken pipe on Saturday morning sent water cascading into the morgue — the storage area where The Times keeps its immense collection of historical photos, along with newspaper clippings, microfilm records, books and other archival material …
Discussion:
Poynter
Peter Kafka / Re/code:
Facebook tests new video feed, attempts to emulate YouTube to better compete for advertising dollars — Facebook Is Building Its Own YouTube Inside Facebook — Facebook has started serving up billions and billions of videos to its users by placing the clips in their feeds …
Discussion:
Facebook, TechCrunch, @martinhoffmann and Business Insider
Romain Dillet / TechCrunch:
Twitter is laying off 336 employees or about 8% of its global workforce — Twitter Is Laying Off 8 Percent Of The Company — Twitter is about to cut up to 336 jobs out of its 4,100 employees working for the company around the world. It represents around 8.2 percent of the company's global workforce.
Joe Pompeo / Politico:
Meet Peter Barbey, the latest owner to take on the Village Voice — If you're The Village Voice, a legendary newspaper that has fallen on hard times, you could do worse than to be sold to a deep-pocketed newspaper lover who's been reading you since the 1970s. — Meet Peter D. Barbey.
Discussion:
New York Times, Salon, FishbowlNY, Billy Penn, @joepompeo, Poynter, Politico and Politico
James Bradshaw / Globe and Mail:
Bloomberg TV Canada to launch Nov. 16 — Canada's newest business TV network will have its first broadcast on Nov. 16 as Bloomberg LP flips the switch on a locally-tailored channel. — The launch of Bloomberg TV Canada will replace the American-focused Bloomberg Television on many TV packages …
Discussion:
@justin_b_smith and Talking Biz News
Tara Conlan / Guardian:
BBC TV chief Danny Cohen to leave corporation — Executive who dealt with the fallout from the Jeremy Clarkson ‘fracas’ is understood to be considering offers from both UK and US companies — BBC director of television Danny Cohen is to leave after eight years at the corporation.
Discussion:
BBC, Newsweek, broadcastnow.co.uk, mirror, The Independent, Daily Mail, RadioTimes and London Evening Standard