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9:25 AM ET, March 1, 2012


 Top News: 
Dan Sabbagh / Guardian:
Met arrests 32-year-old Sun reporter  —  Virginia Wheeler has been arrested on suspicion of making corrupt payments to public officials as part of Operation Elveden  —  A 32-year-old woman has been arrested on suspicion of making corrupt payments to public officials, by detectives from the Metropolitan police's Operation Elveden.
Discussion: and @dansabbagh
Matthew Holehouse / Telegraph:
Leveson Inquiry: phone hacking police identified 418 potential victims in 2006
Discussion: Guardian
Amy Chozick / Media Decoder:
Investor Group Again Urges Sotheby's to Remove James Murdoch From Board  —  James Murdoch's resignation from News International amid heightened scrutiny over his handling of the unit's newspapers in Britain could hurt his position within companies beyond News Corporation.
Discussion: Guardian
Dominic Rushe / Guardian:   News Corp shareholders step up bid to oust James Murdoch
Business Wire:
James Murdoch Steps Down as Executive Chairman, News International to Focus on Expanding International TV Businesses
Erik Wemple:
Vanity Fair on Washington Post: Old story, new copy  —  Vanity Fair has completed its long-awaited big-time look at the toils of the Washington Post.  Sorry, readers, no link: Vanity Fair sent the piece on the condition that the URL not be shared.  —  Written by Sarah Ellison, the piece is as much history as current events.
Discussion: The New York Observer
Jim Romenesko:
Vanity Fair profiles Washington Post
Discussion: Poynter
Stephen Galloway / Hollywood Reporter:
Whatever Happened to Ted Turner?  —  The “Mouth of the South” is no longer as he devotes his time (and $1 billion) to the U.N., jets between 28 homes and four girlfriends, misses Jane Fonda and opens up to THR about Rupert, Jerry and his abuse as a child.  Says a friend: “He's definitely changed.”
Paul Bradshaw / Online Journalism Blog:
How journalism has changed - Guardian ‘3 pigs’ video says it better than anything  —  There's something almost seminal about this video promoting The Guardian's ‘open journalism’.  I'm not sure whether it's the unusually honest acknowledgement that news is more complicated than it is often presented …
Kevin Lincoln / Business Insider:
A.J. Daulerio Tells Us About The New State Of Gawker  —  With the new year also came a new editor of Gawker, Gawker Media's flagship site.  —  A.J. Daulerio took over Gawker's sports blog Deadspin from Will Leitch and turned it into a major player in terms of both news and audience.
Andrew Beaujon / Poynter:
NYT guild members have ‘quiet’ protest outside Page One meeting  —  Newspaper Guild members at The New York Times received this notice Tuesday: … Quiet protest, everybody!  Sorry: (quiet protest, everybody).  You can vigorously rustle your copy of the Observer, or tap out a polite tweet on your phone (keyboard clicks off, please).
Lauren Indvik / Mashable!:
BBC World Service Opens Newsroom to Public in Live Broadcast  —  The BBC World Service broadcast its daily morning editorial meeting live for the first time Wednesday as part of a series of public events commemorating its 80th birthday.  —  A recording of the 55-minute meeting …
Steven Church / Bloomberg:
Tribune Paid Bankruptcy Advisers $233.3 Million Since Filing in 2008  —  Tribune Co. (TRB), the biggest news media company in bankruptcy, paid lawyers and other advisers $233.3 million since filing for court protection from creditors in December 2008.  —  The two main law firms …
Mathew Ingram / GigaOM:
If you think Twitter doesn't break news, you're living in a dream world  —  One of the signs of how much Twitter and other social tools are disrupting media is the strenuous argument about how they aren't doing this at all — including the repeated assertion that “Twitter doesn't break news.”
Janko Roettgers / GigaOM:
With Starz exiting, Netflix loses access to live TV  —  Netflix customers won't just lose access to movies like Tangled and Toy Story 3 this week due to the end of the company's deal with pay TV network Starz.  Subscribers also don't have access to the Starz live feed anymore …
Ryan Chittum / CJR:
Bloomberg's Abelson on How Wall Street Is Coping  —  Bloomberg's Max Abelson has the story of the day, another entry in his list of stories on out-of-touch Wall Streeters.  This one's about how rich folks are coping with their reduced circumstances in a season of curtailed bonuses.
Discussion: Bloomberg, Capital New York and Gawker
Josh Stearns / Save the News:
Public Television: We're #1!  —  For the ninth year in a row, public television has ranked as the most trusted institution in America, trumping all other forms of media, the courts and the federal government.  —  This news comes after a bruising year for public media.
Peter Kafka / AllThingsD:
Facebook Pitches Advertisers on a New Ad Model  —  Facebook sold $3 billion worth of ads last year, but it's still feeling its way around the ad business.  —  And the ad business still isn't sure what to make of Facebook: Grand new marketing paradigm, or a collection of 800 million people …
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 More News: 
Husna Haq / Christian Science Monitor:
E-book readers are buying plenty - but not in bookstores
Greg Sandoval / CNET:
Spotify: Staggering music releases (like movies) won't work
Discussion: TeleRead and Betabeat
Lucia Moses / Adweek:
‘Businessweek’ Unwraps New Website
Eleanor Beardsley / NPR:
For Leap Day Only, A Rare Newspaper Goes To Print
Discussion: The Huffington Post
 Earlier Picks: 
Steve Myers / Poynter:
IRS delays make it hard for nonprofit news sites to build their businesses
Seth Godin / paidContent:
Who Decides What Gets Sold In The Bookstore?
Kat Stoeffel / The New York Observer:
No Tabloid For Old Men: Laid Off Photographers Take Daily News to Court
Discussion: @romenesko