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6:05 AM ET, August 9, 2012

Mediagazer

 Top News: 
Robert Andrews / paidContent:
News Corp writes $2.8 billion off its publishing activities  —  Suddenly, you can see why News Corp is eager to split its news, TV and movie businesses in two...  Operating income in the group's existing “publishing” division - comprising Dow Jones, WSJ, The Daily, New York Post …
Discussion: Home Media Magazine
RELATED:
Peter Kafka / AllThingsD:
News Corp. Takes $2.8 Billion Charge  —  News Corp. missed its quarterly numbers today by reporting adjusted earnings of 32 cents a share on revenue of $8.4 billion; the Street was expecting 32 cents and $8.7 billion.  —  More interesting is the $2.8 billion “non-cash impairment charge” …
Joe Pompeo / Capital New York:   In earnings call, News Corp. executive says they are ‘on course’ with breakup plan
Reuters:   News Corp posts higher profit on cable, movies
Peter Kafka / AllThingsD:
The New York Times Is About to Say Goodbye to About.com  —  The New York Times' time with About.com may be coming to an end.  The paper has been looking to get rid of the struggling Web site, which produces high-volume, low-cost content, and has a deal in place to sell it to Answers.com.
RELATED:
Jeff Bercovici / Forbes:   NY Times Co. Stock Trading Up On About.com Sale Report
Josh Sternberg / Digiday:
How Buzzfeed Won Over Madison Avenue  —  For a site that's been around for six years, Buzzfeed's had quite a run recently, thanks to skyrocketing traffic growth, a knack for knowing that the world wants to watch a 31-year-old video of a man try to perform the uneven bars …
Victor Fiorillo / Philly Magazine:
$28 Million In Cuts Proposed at Philadelphia Inquirer and Daily News  —  Today, the leadership of the Newspaper Guild, the union that represents many employees of the Inquirer, Daily News, and philly.com, sent the following email to its members, making it clear that recent slashes to personnel were just the beginning:
Discussion: JIMROMENESKO.COM
Liz Cox Barrett / CJR:
NYT uses false balance while reporting on false balance  —  Wonder if the “news media critic in chief” spotted that?  —  From today's New York Times, we learn that “Obama Is An Avid Reader, and Critic, of the News,” as the headline on Amy Chozik's piece has it.
RELATED:
Michael Calderone / The Huffington Post:
Bloomberg News Doubles Staff For 2012 Political Conventions  —  NEW YORK — Al Hunt, Washington editor of Bloomberg News, said he still gets “excited” heading to the political conventions — even after covering 19 previous Republican and Democratic gatherings over the past 40 years.
RELATED:
Dylan Byers / Politico:
Al Gore to host conventions for CurrentTV
Discussion: The Huffington Post
Jennifer H. Svan / Stars & Stripes:
Delayed Olympic coverage irks AFN viewers  —  KAISERSLAUTERN, Germany — Michael Phelps concluding his record-setting Olympic career and Usain Bolt blowing away the competition on the track are among the highlights so far of the 2012 Summer Olympics broadcast on AFN Europe.
Discussion: Deadspin
Craig Silverman / Poynter:
Washington Post's TruthTeller project hopes to birth real-time fact-checking  —  Steven Ginsberg saw the future of fact-checking while listening to a politician tell lies in Iowa last summer.  —  “It was one of those small parking lot affairs outside a sports bar and the candidate …
Dylan Byers / Politico:
Wikipedia locks possible VPs' pages  —  Tech President's Micah Sifry, who introduced the idea that Wikipedia revisions could help predict Mitt Romney's selection of a running mate, reports that Wikipedia has put a lock on the pages of the leading veep candidates following a segment on the topic by Comedy Central's Stephen Colbert.
Aaron Mesh / Willamette Week:
Stop the Presses  —  The Oregonian may not be a daily newspaper much longer.
Paula Froelich / The Daily Beast:
You're Worth How Much?  —  Cooper.  Sawyer.  Blitzer.  They have multimillion-dollar contracts and perfect hair.  But which newsmakers deliver the most bang for their boss's bucks?  Paula Froelich does the math.
Discussion: The Huffington Post
Austin Carr / Fast Company:
Rhapsody President: Spotify Hasn't Won  —  Last week, Spotify revealed that it had grown to 15 million active users of its ad-supported music service.  That's great news for cofounder Daniel Ek, but for Spotify's competitors in the space?  Not so much.  —  Rhapsody declined to provide …
 
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 More News: 
Dylan Byers / Politico:
Survey: Americans hate the political media
Peter Jukes / The Daily Beast:
Elton John sues the Times for Libel
Lynne Marek / Chicago Business:
Journatic cuts 10% of full-time workforce
Laura Hazard Owen / paidContent:
As verdict on ebook pricing settlement nears, Apple gets 5 pages to respond to DOJ
Howard Finberg / Poynter:
6 foundations tell journalism schools to change faster or risk future funding
 Earlier Picks: 
James Poniewozik / Time:
Politifact, Harry Reid's Pants, and the Limits of Fact-Checking
Roy Greenslade / Guardian:
70 journalists killed in six months
Alan Mutter / Reflections of a Newsosaur:
Big Data is a big deal for newspapers
Discussion: ZDNet, Forbes, Digiday and eMedia Vitals
Robert Andrews / paidContent:
Two years after the tipping point, papers' web readership is booming
Joe Pompeo / Capital New York:
On a hiring jag, ‘Businessweek’ brings in a new tech editor, Doug Cantor
Discussion: FishbowlNY
Peter Preston / Guardian:
Digital-only Financial Times would still be a difficult trick to perform