Mediagazer: Hearst Corporation Drops ‘Corp.’ (Chris O'Shea/FishbowlNY)

7:00 AM ET, November 6, 2015

Top News:

Richard Nieva / CNET:

YouTube makes all of its videos viewable on Cardboard VR headset through its Android app, iOS support coming soon — YouTube bolts into next phase of virtual reality with 3D video — The world's largest video site dives further into VR in a big way. It's letting you step into new 3D worlds …

Discussion: YouTube Creator Blog, BuzzFeed, Pocket-lint, Tech Times, Tubefilter, Mashable, Variety, Wired, Multichannel News, Fast Company, PhoneDog.com, The Verge and TechCrunch

Micah Singleton / The Verge:

Facebook launches Music Stories post format that lets iOS users listen to 30-second clips of music shared from Spotify, Apple Music, and iTunes within News Feed — Facebook adds song clips from Spotify and Apple Music to your News Feed — As part of its ongoing effort to surface every bit …

New York Times:

New York Times releases NYT VR, its VR app for Android and iOS, alongside initial VR stories — NYT VR: How to Experience a New Form of Storytelling From The Times — Today, The New York Times takes a step into virtual reality. NYT VR is a mobile app that can be used …

Discussion: New York Times, @pbump, Mashable, Light Reading, Gizmodo, Engadget, Fast Company, The Next Web, The Next Web, The Verge, Gigaom and The New York Observer

Kelsey Sutton / Politico:

Time CEO Joe Ripp disappointed in revenue from Apple News, seeks more digital acquisitions — Time Inc. sees digital opportunities, and frustrations — In a moment of frustration on an earnings call this morning, Time Inc. CEO Joe Ripp said he was less than pleased with returns from Apple News …

Discussion: New York Times and @raju

Wall Street Journal:
Time Inc. reports Q3 loss of $913M, reflecting the goodwill write-down related to AOL Time Warner merger, beats revenue expectations with $773M, lowers guidance

Discussion: The Wrap

Benjamin Mullin / Poynter:

BuzzFeed changes editorial standards to allow sponsorships in entertainment programming — BuzzFeed's editorial standards were modified earlier this week to allow for greater collaboration between the newsroom's editorial and advertising staffers, a move the company's editor in chief …

Guardian:

Guardian US launches Mobile Innovation Lab, headed by Sasha Koren as editor, Sarah Schmalbach as senior product manager, announces Nieman Lab partnership — Guardian US formally launches Mobile Innovation Lab … Guardian US today announced the formal launch of the John S …

Discussion: @schmalie, @sashak and @sashak

Chris O'Shea / FishbowlNY:

Hearst Corporation Drops ‘Corp.’ — In a shocking twist that no one saw coming, Hearst Corporation will from now on be known simply as “Hearst.” — Why would Hearst take such a drastic, dangerous step? You don't want the truth because deep down in places you don't talk about at parties …

Discussion: Media Wire Daily

Benjamin Mullin / Poynter:

Newspaper Guild offers to buy Philly Daily News to avoid layoffs; owner Gerry Lenfest quickly rejects offer — Newspaper guild offers to buy Philadelphia Daily News to avoid layoffs — Lawyers representing the Newspaper Guild of Greater Philadelphia on Thursday expressed interest in buying …

Discussion: Philadelphia Magazine

Ben Sisario / New York Times:

Music Industry Waits Anxiously to See if Adele Streams Her New Album — For Adele's millions of fans, perhaps the biggest question about her next album is whether its songs will pack the same emotional wallop that helped make her last record a global smash.

Daniel Terdiman / Fast Company:

The Associated Press and LA-based production company RYOT partnering for virtual reality series — Virtual Reality Journalism Is Coming To The Associated Press — The Associated Press has become the latest news organization to turn to virtual reality as a journalism tool.

Discussion: GeekWire, Virtual-Strategy Magazine and GeekWire

Gerry Smith / Bloomberg Business:

News Corp misses estimates with revenue of $2.01B, down 4% YoY, affected by ad revenue decline — Murdoch's News Corp. Profit Trails Estimates on Advertising Drop — Company cites weak print advertising, foreign exchange impact — Revenue of $2.01 billion falls short of analysts' estimates

Discussion: The Wrap, mUmBRELLA, Politico, Associated Press, News Corp and Reuters

Lisa Beilfuss / Wall Street Journal:

Tribune Publishing Q3: revenue $404.3M, advertising revenue down 0.5%, print and delivery revenue down 30%, digital revenue up 6.6%, digital subscribers up 19% — Tribune Publishing Reports Loss — Company says unfavorable jury verdict could reduce quarterly profit by another 20 cents a share

Discussion: Politico, Poynter, investor.tribpub.com, @thebenbergman and Times of San Diego

Joe Pompeo / Politico:
Tribune Publishing to switch to metered digital pay model

Discussion: Nieman Lab, @mathewi, Politico, @joepompeo and Orange County Register

Henry Blodget / Business Insider:

A thank you note, as Business Insider officially closes its sale to Axel Springer — Thank you! — It's not every day that you have the privilege and good fortune of seeing an idea grow into a global enterprise. — But that's the happy situation I have found myself in over the past few years.

Discussion: @jeffweiner, @jdrive, @jasonlk, @jasonlk, @tomaxwell, @jasonlk, @mamtabadkar and @edgecliffe

Jane Friedhoff / Source:

How the New York Times created Membrane, a tool that allows readers to send questions to authors from within the story — Membrane: An Experiment in Permeable Publishing — Introducing a New Reading Experience from the New York Times R&D Lab — Over the last several months …