Top News:
Joan E. Solsman / CNET:
AOL's big Adap.tv buy ignites sales, but it whiffs on profit — If you ask AOL, the third quarter was all about revenue, revenue, revenue — never mind that big miss on profit. In the latest three-month period, the online media company grew advertising dollars at double the rate it did the quarter before …
Discussion:
TechCrunch, Business Insider, AdAge, VentureBeat, Street Fight, FishbowlNY, Crain's New York Business and @sai
RELATED:
Reuters:
AOL ad sales rise, but Patch weighs on profit
AOL ad sales rise, but Patch weighs on profit
Discussion:
Forbes, New York Times, TechCrunch, Poynter and USA Today
Brian Stelter / New York Times:
TV Investments Drag on 21st Century Fox Profits — In its first three months as a separate company, 21st Century Fox produced revenue that surpassed analysts' expectations, but its profit came in slightly below expectations, reflecting the company's investments in new programming that it says will pay off over the long term.
Discussion:
The Wrap, 21cf.com and Fox Business
Erik Sass / MediaPost:
AP Taps MediaVoice For Native Ads — The Associated Press is bringing native advertising to its Web site, mobile site and mobile app in partnership with Polar, which operates a native advertising platform for digital publishers called MediaVoice. — The deal allows the AP to deliver native ads …
David Zax / Fast Company:
An Article Has A Lifespan Of 37 Days, And Other Findings From Pocket — Spend enough time talking to Nate Weiner, and you begin to realize he has a unique vantage point on web publishing. Whereas we might visit a given site like the New York Times and take a note of what's most popular or shared …
Discussion:
@zimbalist, FishbowlNY and Beyond Search, Thanks:@steverubel
Allan Sloan / Fortune:
How being a tax dummy cost The New York Times $60M — A mistake made 20 years ago cost the Times big during the sale of The Boston Globe. — The New York Times Co's (NYT) purchase of The Boston Globe for more than $1 billion twenty years ago has turned out to be among the worst single newspaper acquisitions in history.
Jim Edwards / Business Insider:
Twitter Is Testing A Mobile Ad Product That Will Give Facebook A Huge Headache — Twitter is testing a new ad product that promotes or recommends mobile apps, two sources tell Business Insider. — Twitter declined to comment. — The product will likely compete directly with Facebook's …
Jeff Baumgartner / Broadcasting & Cable:
Charter Launches TV Streaming App — iOS app starts with in-home access, but will eventually expand out-of-home and beyond as distribution rights evolve — Charter Communications launched its first mobile TV streaming app on Tuesday, offering a lineup of more than 100 live TV channels in the home …
Discussion:
AllThingsD
Peter Kafka / AllThingsD:
Is AOL Finally Making Money From Content? Maybe! — One of the perennially weird things about AOL is that it's a content company that doesn't make money from content: All of its actual profit has come from subscribers to its old Internet-access business, which still has 2.5 million customers,* who pay $20 a month to get online.
Matthew Cooper / NationalJournal.com:
Fred Hiatt Offered to Quit Jeff Bezos's Washington Post — Jeff Bezos has yet to truly make a mark on his latest acquisition, The Washington Post. In some ways, that shouldn't be a surprise: The deal closed only a month ago. But that doesn't mean that there hasn't been some potential for a shake-up.
Discussion:
FishbowlDC
Thomas Grove / Reuters:
Russian police harassed Norwegian journalists reporting on Sochi-rights group — * Pressure on media meant to curb critical reporting- rights group — * Putin has staked his reputation on showcase games — Russian police harassed and detained two Norwegian journalists on their way to Sochi …
Discussion:
Forbes, hrw.org/rss/news and Guardian
Johana Bhuiyan / Capital New York:
Business Insider brings in Aaron Gell to edit long-form features — Aaron Gell, former interim Editor at The New York Observer and editorial director at The Upswing, has been hired at Business Insider to lead an effort to bring magazine-style features to the site, Capital has learned. He starts Nov. 18.
Discussion:
FishbowlNY, Talking Biz News, @felixsalmon and @aarongell
Jason Deans / Guardian:
Former BBC boss defends £1m payoff — Mark Byford says terms of 2011 redundancy settlement were ‘fair and right’ and there was no greed on his part — The former senior BBC executive at the centre of the row over executive payoffs has said he was not greedy and will not be paying …
Discussion:
Daily Mail, Scotsman, Telegraph and ITV News
Ryan Chittum / Columbia Journalism Review:
The NYT paywall don't get no respect — I wrote Friday about a landmark for The New York Times: Its paywall revenue has overtaken its digital ad revenue—Just two years after the paper bucked conventional wisdom and asked readers to pay. — GigaOm's Mathew Ingram spins that news as negatively as possible …
Discussion:
@ryanchittum, @10000words and @abeaujon
