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10:40 AM ET, October 4, 2011

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Staci D. Kramer / paidContent:
‘Daily Mail’ Jumps The Gun On Knox Verdict With Embarrassing Results  —  The internet makes it possible to broadcast breaking news at a pace unlike anything we've ever experienced.  Unfortunately, that includes the ability to rapidly transmit reports that never should have been written, much less published.
Julie Moos / Poynter:
Amanda Knox verdict plays big & bold on most news home pages
Kara Swisher / AllThingsD:
Federated Media Buys Lijit Networks  —  San Francisco-based Federated Media Publishing said it had bought Lijit Networks, a smaller online advertising analytics and tools firm.  —  The price for the Boulder, Colo., start-up — which was founded in 2006 — was undisclosed …
Jason Del Rey / AdAge:
Who Needs Netflix?  Paramount Streams Latest ‘Transformers’ Directly to Consumers  —  ‘A Little Toe-Dip’ in New Distribution Method for Paramount and Viacom  —  Paramount Pictures has quietly introduced an online streaming option for “Transformers: Dark of the Moon,” taking home viewing straight …
Bill Keller:
Disrupters and Adapters, Continued: Will the Internet Save Newspapers?  —  The two visions of higher education's future I described in my column this week - Stanford Professor Sebastian Thrun's mission of a virtual university and Stanford President John Hennessy's devotion to a flesh-and-blood campus …
Discussion: Erik Wemple and New York Times
Jessica Pressler / New York Magazine:
It's Good to Be Michael Lewis  —  He could have made a fortune in business.  Instead, he made a fortune writing about it.  Plus—a fortune for everyone he writes about.  —  Collins Tuohy has told this story before, and by now her delivery is spot on.  It was Thanksgiving morning …
Ingrid Lunden / paidContent:
U.S. Mobile Ad Spend To Pass $1 Billion For The First Time This Year  —  Mobile advertising is still a small and young business when you compare it to how much money goes into digital—let alone offline—advertising and marketing campaigns.  But there are some clear signs of it growing up fast …
Discussion: NetNewsCheck Latest
Bloomberg:
Silver Lake, Alibaba, Digital Sky in Yahoo Talks  —  The private-equity firm Silver Lake, Alibaba Group Holding Ltd. and Russia's Digital Sky Technologies are discussing a possible joint bid for Yahoo! Inc., three people with direct knowledge of the matter said.
Joe Pompeo / Capital New York:
Editor: Aug. 2011 ‘Wall Street Journal’ ad revenue up 24 percent over Aug. 2010  —  The Wall Street Journal saw a 24-percent increase in print ad revenue in August when compared to August of 2010, an increase that occurred “while other national newspapers have reported distressing declines in advertising …
Kat Stoeffel / The New York Observer:
McSweeney's Publishes Grantland Quarterly, Blog-to-Print Journal  —  Today Grantland began selling Grantland Quarterly, a print anthology of the best reads from the sports and culture site so far.  It is edited by Bill Simmons and Dan Fierman.  —  ESPN and Grantland have contracted McSweeney's …
Discussion: The Awl
David Kaplan / paidContent:
Prometheus Shares Ownership Of Back Stage; ‘Wolff Is Not Being Fired’  —  Prometheus Global Media, the publisher of Adweek, Billboard and The Hollywood Reporter has struck a strategic alliance with a group of investors led by NYC taxi advertising executive John Amato to run performing arts title Back Stage magazine.
Jeff Roberts / paidContent:
Price-Fixing Case Against Apple, Major Book Publishers Mushrooms  —  Back in August, a class action lawsuit was filed against five major book publishers and Apple (NSDQ: AAPL), accusing them of colluding to jack up the price of e-books in an effort to wrest back pricing power from Amazon (NSDQ: AMZN).
Discussion: TeleRead
C. J. Chivers / New York Times:
Tyler Hicks: A Decade in Afghanistan  —  There are places and times where the politics that drive wars fade and then fade more, becoming abstractions to the people who fight or who are in a fight's way.  And there are moments when politics disappear entirely, and more elemental actions and emotions replace them.
Lloyd Grove / The Daily Beast:
Money Dispute May End ‘Simpsons’  —  A money dispute between Fox and the actors who voice the characters on The Simpsons may force the long-running hit series to shut down next spring.  Lloyd Grove reports exclusively.  —  As Homer Simpson would put it, “D'oh!”
Discussion: The Huffington Post and Splitsider
Keach Hagey / On Media's Blog:
Newsweek retracts Pelosi quote  —  Nancy Pelosi is not exactly what you'd call a loose cannon.  —  So it was big news this morning when a quote attributed to the House Minority Leader began circulating around the blogosphere, in which she appeared to tell Newsweek's Howard Kurtz …
E.B. Boyd / Fast Company:
Yahoo Launches Video Destination Site  —  More and more people are logging on to the Internet for the kind of relaxation and entertainment they used to look for on the boob tube.  Yahoo Screen positions the company to capture some of those audiences.  —  Move over Hulu.  There's a new video hub in town.
Miriam Elder / Guardian:
Lebedev charged with hooliganism over punch-up  —  Investigation finds the media tycoon ‘brought bodily harm’ to fellow billionaire Sergei Polonsky on the TV programme  —  Russian prosecutors have launched a criminal case against the media tycoon Alexander Lebedev on charges of hooliganism …
Chris O'Shea / FishbowlNY:
Self Promotes  —  Self magazine has promoted Anita Maiella from Advertising Director to Associate Publisher, Advertising.  Maiella came to Self from Vogue, where she was American Fashion Director and Beauty Director.  —  Laura McEwen, Vice President and Publisher of Self, said that Maiella is well suited for the new position.
Discussion: GalleyCat and eBookNewser
Stuart Dredge / paidContent:
More Than Half Of Netflix's Streams Are TV Shows, Not Films  —  Netflix's background in DVDs-by-mail means it is often seen as mainly a movies service.  However, the balance has tipped more towards TV shows in its streaming operation.  —  “50 percent and sometimes 60 percent of viewing is TV episodes now …
Ian Burrell / The Independent:
‘Sun on Sunday’ edges step closer with hiring spree  —  The possibility of Rupert Murdoch launching a replacement Sunday newspaper for the defunct News of the World increased yesterday as News International created a series of new senior jobs.  —  The posts are for senior roles on The Sun …
Discussion: Press Gazette and Jon Slattery
Jeff Sonderman / Poynter:
Apple expected to introduce Newsstand today at iPhone 5 event  —  Apple is announcing the latest version of its phone and mobile operating system today, which among many upgrades includes a new Newsstand section for buying and organizing newspaper and magazine apps.
Matthew Creamer / AdAge:
Why Tina Brown, Chris Anderson, David Remnick and Others Are Upbeat Despite Media Tumult  —  Diversification, digital opportunities, end to global boundaries are all bright spots during uncertain time  —  If the media industry had a Song of Itself, it'd be all weeping violins, minor keys and martial drumbeats.
Keach Hagey / On Media's Blog:
Can Erin Burnett fix CNN's woman problem?  —  With the launch of “OutFront” on CNN at 7 tonight, Erin Burnett is entering some promising, but potentially dangerous, cable news territory.  —  For all that CNN has done to elevate the careers of marquee names such as Christiane Amanpour and Candy Crowley …
Discussion: TVNewser and New York Magazine
Roy Greenslade / Guardian:
Hall can tell Leveson how Murdoch exercises editorial power  —  I am delighted that one of the first people to speak at Thursday's first Leveson inquiry seminar will be Phil Hall, editor of the News of the World from September 1995 until May 2000.  —  He was replaced by Rebekah Brooks …
Discussion: Press Gazette
Eugenia Chien / Poynter:
4 things news sites should know before partnering with a local blog  —  For the last three years, I've been running the website Muni Diaries, where public transit riders in San Francisco submit stories that happened on the bus.  Along the way, we have been approached by several large news organizations for content partnerships.
 
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75% of large subscription publishers offer discounted trials  —  The majority of large publishers with digital subscription products are currently offering discounted trials to help drive new subscriber acquisition, according to Toolkits research.
 
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 More News: 
Sharon Waxman / The Wrap:
New Hulu Bids Due This Week, But Sale Probability Wanes
Discussion: GigaOM and MediaPost
Dan Sabbagh / Guardian:
Shine profits fall to £4.7m in year before takeover
Chao Deng / CJR:
Memoirs of a Markets Reporter
Democracy Now:
Settlement Reached Over Arrest of Amy Goodman, Democracy Now! Producers at 2008 GOP Convention
Discussion: Gawker and The Huffington Post
Jim Romenesko / Poynter:
Grant money is available to independent investigative journalists
Stefanie Botelho / Folio:
In 2011, Magazine Launches Outpace Closures
 Earlier Picks: 
Kat Stoeffel / The New York Observer:
DealBook Grabs Will Alden From The Huffington Post
Discussion: Capital New York, Thanks:megan
Jim Romenesko / Poynter:
Hearst Magazines boss: We've made giant strides toward becoming ‘the magazine company of the future’
David Kaplan / paidContent:
Ex-About Group Head Named CEO Of Vibrant Media
Richard Huff / NY Daily News:
Fox News celebrates 15 years on air; Network has become No. 1 in cable news for past 10
Brian Stelter / New York Times:
‘Diggnation,’ Popular Web Talk Show, to End in December
Discussion: GigaOM, PC Magazine and @kevinrose
David Hirschman / Street Fight:
Hyperlocal Publishers Form a Trade Group