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8:40 AM ET, June 28, 2012


 Top News: 
Peter Kafka / AllThingsD:
Rupert Murdoch Announces The News Corp. Divorce: The Full Memo  —  Here's Rupert Murdoch's official “internal” announcement explaining the News Corp. split.  The important stuff: Murdoch will remain CEO of both the publishing business and the entertainment business.  Chase Carey will be COO of the entertainment business.
News Corp split announcement - live  —  12.08pm: Murdoch's Wall Street Journal published some detail last night about the likely makeup of News Corp's two separate companies.  The entire process of spinning off its publishing assets is expected to take about a year, the WSJ reported.
Lisa O'Carroll / Guardian:
News Corp confirms split as Rupert Murdoch steps back from papers  —  Rupert Murdoch has confirmed he is to split News Corporation, the $54bn global media company he has built over 60 years, into two separate publicly listed companies - newspapers, book publishing and education; and media and entertainment.
Discussion: paidContent
Susan Page / USA Today:
‘Today’ co-host Ann Curry will bid farewell today  —  Ann Curry's voice chokes when she talks about saying goodbye this morning on NBC's Today show, years earlier than she had hoped.  —  It's “going to be a bit of a tough day,” she told USA TODAY in a 40-minute phone interview Wednesday …
Brian Stelter / Media Decoder:
Curry Set to Announce Departure From ‘Today’  —  Ann Curry and Matt Lauer on Tuesday, with their guest, the comedian Jimmie Walker.  —  1:13 a.m. |  Updated Ann Curry will step down on Thursday morning from her co-host chair on NBC's “Today” show, capping weeks of private negotiations …
Brian Stelter / @brianstelter:
Jim Romenesko:
Patch Local Editor is having fun  —  From NAME WITHHELD AT HIS REQUEST: I'm a Local Editor at Patch and I've found the job to be, at times, cushier than my previous newsroom job at a paper.  The compensation is better, benefits better and the job is flat-out more fun, so sometimes I don't mind if my day runs a bit longer.
Jim Romenesko:   Patch staffers on advertorials, inflated numbers and more
Steve Smith / MinOnline:
Google Opens Android Mag Newsstand, Brands Rush In  —  Magazines have embraced the iPad but generally dissed the Google Android OS.  Google wants to change that will the opening of Magazines on Google Play.  With scores of titles across many of the major publishing houses on tap for this launch …
Discussion: NetNewsCheck Latest and Forbes
Tim Carmody / The Verge:
Google Nexus 7: ebooks' sleeping giant finally has its own reader
Discussion: AppNewser, Kempton and Bits
Michael Massing / CJR:
The two David Carrs  —  Since joining The New York Times in 2002, David Carr has become America's most visible and influential writer on the media.  His weekly “Media Equation” column is closely followed by people in the industry.  Last year, he was featured in Interview magazine …
Robert Niles / Online Journalism Review:
Want to save local newspapers?  Then break the chains that hold them back  —  The economies of scale that once helped place the journalism business among the economy's most profitable now threaten to help sink the industry.  America's newspaper chains missed their moment of opportunity …
Steve Myers / Poynter:
2011 busiest year for newspaper ownership changes since 2007
Jim Milliot / Publishers Weekly:
Authors Guild Sees Return of Predatory Pricing if DoJ Deal Stands  —  With the time to submit comments to the Department of Justice about its settlement with Hachette, HarperCollins and Simon & Schuster over its e-book pricing fixing case almost up, the Authors Guild filed its comments late Monday …
Derek Thompson / The Atlantic Online:
What's the Secret to Viral Success?  It's So Obvious  —  When you're in the hit-making business, the only thing you know for sure is what has already worked  —  How does BuzzFeed do it?  —  The Web's crown prince of social media has an uncanny knack for churning out posts that eat up the Internet.
Dylan Byers / Politico:
WashPost will not retract ‘outsourcing’ story  —  The Washington Post will not redact their June 21 report about Bain Capital's investments in firms that specialized in outsourcing American jobs, POLITICO has learned.  —  “We are very confident in our reporting,” Washington Post spokesperson …
Discussion: Mediaite
Dylan Byers / Politico:
Romney to seek Washington Post retraction
Discussion: Mediaite, ABCNEWS and Guardian
Andrew Beaujon / Poynter:
TechCrunch's Alexia Tsotsis: ‘I like the emotional part of the news’  —  To understand why Alexia Tsotsis, co-editor of TechCrunch, wrote a wild, profane post Sunday about The New York Times putting content on Flipboard, you have to know a couple things about Alexia Tsotsis, co-editor of TechCrunch.
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 Featured Newsletter: 
The Media Roundup:
When should media shake hands with the VC devil  —  Today we're looking at the deal-with-the-devil nature of VC funding for media companies; how newspapers can inadvertently mislead the public over climate change …
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 More News: 
Kat Stoeffel / The New York Observer:
Cat Marnell at Vice: Only ‘Logical’
Associated Press:
London Olympics 2012: NBC Says Games Hard-Pressed To Match 2008
Discussion: TVNewser, Bloomberg, Adweek and B&C
Adrienne LaFrance / Nieman Journalism Lab:
Five things The New York Times learned from its three-year hyperlocal experiment
Robert Mackey / The Lede:
Attack on Pro-Assad Television Studio Raises Questions on Rules of War
Jeremy Greenfield / Forbes:
What Publishing Companies Do in a World Where Anyone Can Publish a Book
Erik Wemple:
The case of Joe Williams and Politico: Five points
Discussion: The Daily Caller and The Raw Story
 Earlier Picks: 
Joe Pompeo / Capital New York:
Ed O'Keefe to leave ABC News Digital for ‘Planet Daily’
Bill Dedman / MSNBC:
Also not a Pulitzer Prize nominee: Charles Gasparino of Fox Business
Discussion: Talking Biz News
Anna Heim / The Next Web:
The Huffington Post partners with Ustream to beef up its live news coverage
Chris Roush / Talking Biz News:
Reuters, WSJ, Milwaukee and Detroit papers among Loeb winners
Discussion: LA Observed