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1:55 AM ET, February 7, 2014


 Top News: 
William Launder / Wall Street Journal:
Advertising Declines Weigh On News Corp, Times Co.  —  News Corp's revenue fell 4% in its fiscal second quarter as a drop in advertising and subscription revenue at the news and information business offset growth at its other businesses.  —  Net income dropped to $150 million from $1.4 billion …
Discussion: @yahoofinance
Alex Hayes / mUmBRELLA:
News Corp Aussie newspapers lose 17 per cent of revenues  —  Australian newspaper revenues for News Corp dipped further in the final three months of last year, losing 17 per cent year-on-year with CEO Robert Thompson blaming a “challenging advertising market” for the global company's revenues …
Discussion: Forbes, Variety, The Wrap and Business Wire
Joe Pompeo / Capital New York:
Dow Jones to set ‘more flexible’ subscription prices for DJX  —  Dow Jones & Co., the financial news and data arm of News Corp., will adjust the pricing of its DJX subscription product to make it “more flexible and thus more compelling to clients,” News Corp. chief executive Robert Thomson said today.
Discussion: Talking Biz News
First Look Media:
First Look launches its first digital magazine  —  Last week, First Look Media announced that it will publish a family of new digital magazines - each with its own editorial voice, its own look and feel, and each led by veteran journalists with deep expertise in their fields.
Andrew Beaujon / Poynter:
First Look adds more journalists, plans to launch first publication next week  —  Pierre Omidyar and Eric Bates announced Thursday that First Look Media would launch the first of its planned publications next week.  Glenn Greenwald, Laura Poitras and Jeremy Scahill will lead the site, whose …
Robert Graham / Errata Security:
NBC story on visitors to Sochi Olympics getting hacked is misleading  —  That NBC story 100% fraudulent  —  Yesterday (Feb 5 2014) NBC News ran a story claiming that if you bring your mobile phone or laptop to the Sochi Olympics, it'll immediately be hacked the moment you turn it on.
Joe Pompeo / Capital New York:
Times chief lays out ‘a critical year’ for ad revenue  —  2014 will be a “critical year in the story of advertising” at The New York Times Co., chief executive Mark Thompson said this morning.  —  On a conference call with Wall Street analysts following the release of the Times' fourth …
Discussion: @joshsternberg
Brian Lowry / Variety:
Leno Signs Off ‘The Tonight Show’ for Second Time  —  “I don't like goodbyes; NBC does,” Jay Leno said in his latest last opening monologue, as he bid farewell to “The Tonight Show” — again — on Thursday night.  —  Characteristically, Leno wasn't particularly maudlin or sentimental at first …
Caitlin Dewey / WorldViews:
Viral Twitter account rounds up all of Sochi's problems  —  Officials from both the International Olympic Committee and the Russian government have insisted to media outlets the world over that Sochi is ready for the Olympic Games.  But on social media, at least, the Sochi-readiness narrative …
Paul Farhi / Washington Post:
For NBC, a challenge in covering the Sochi Winter Olympics objectively
Today's Zaman:
Turkey orders deportation of Azerbaijani journalist after his tweets criticizing government
Steven Jacobs / Street Fight:
AOL's Armstrong: 'We're Not Giving Up on Patch'  —  Aol's tenure as Patch's sole owner may be over, but the company's chief executive is not giving up on the hyperlocal network just yet.  During an interview on CNBC Thursday morning, Tim Armstrong, who helped found the initiative and spearheaded …
Discussion: @vouchey
Leslie Kaufman / New York Times:
AOL Reports Solid Revenue, but Patch Tamped Down Profit
Discussion: @joepompeo and Silicon Republic
Jeff McQ / MIMO:
Pandora Now Accepting Digital Submissions from DIY Artists  —  If you're an indie musician wanting to get your music out there, one of the most important places to do that is on Pandora.  Unfortunately, many DIY musicians have been disqualified from the submission process because Pandora …
Caysey Welton / Folio:
Condé Nast Entertainment now has eighth branded video channel  —  Condé Nast Entertainment now has eigth branded video channel.  —  SELF magazine rolled out its new video channel on Feb. 5, which includes editorial-inspired original content.  —  SELF's new channel …
Travel Channel Pulls New President From Executive Ranks as It Tries to Find a Vision  —  U.S. Army Corps of Engineers Nashville District resident engineer explains the operation of installing a barrier wall to Travel Channel's Off Limits host Don Wildman.  U.S. Army Corps of Engineers Nashville District / Flickr
Kara Swisher / Re/code:
PubMatic Raises $13 Million From Nokia Growth Partners  —  A few days after the Rubicon Project filed for an IPO, one of its competitors in the race to build fast-growing programmatic advertising platforms, PubMatic, said it had raised $13 million in new funding.
Discussion: AdExchanger
Alex Barinka / Bloomberg:
Aereo Reopens New York Online-TV Service to New Subscribers  —  Aereo Inc., the online-television company that's battling broadcasters in the Supreme Court, reopened its service to New York subscribers after regaining enough capacity to handle demand.  —  People who were on a waiting list …
Discussion: The Verge, TechCrunch, @engadget and @sai, Thanks:@alexbarinka
Brent Lang / The Wrap:   Fox Is ‘Cautiously Optimistic’ Supreme Court Will Stop Aereo
Amy Schatz / Re/code:
Twitter Hints at Legal Action to Release More Data on Government Requests  —  Twitter said Thursday it was considering its legal options in its effort to release more detailed information about the requests for information it receives from U.S. agencies.  —  Company officials …
Ryan Chittum / Columbia Journalism Review:
Gannett's print-focused paywalls flounder  —  The quality imperative and charging for news online  —  Gannett's fourth-quarter newspaper results, announced Tuesday, were basically miserable.  —  Revenue at its publishing segment dropped 4.6 percent in the fourth quarter from last year …
Discussion: NetNewsCheck Latest and Guardian
Eric J. Smith / NetNewsCheck Latest:
Gannett: USA Today Inserts To Hit 35 Markets
Discussion: Reuters
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 More News: 
Kara Swisher / Re/code:
AOL's Armstrong Responds to 401(K) Controversy in Internal Memo to Employees
Todd Spangler / Variety:
Hearst's Seventeen Magazine Sets YouTube Channel Lineup with AwesomenessTV
Discussion: @hearstcorp
Rachel Bartlett /
Buzzfeed to appoint news editor to growing UK team
Discussion: @richjamesmetro
Brian Beutler / Salon:
Exclusive: Despite escalating government intimidation, Greenwald will “force the issue” and visit U.S.
Discussion: Mediaite
Laura Hazard Owen / Gigaom:
Sony exits the North American ebook business and gives its customers to Kobo
 Earlier Picks: 
Gideon Spanier / The Independent:
Vodafone eyes pay-TV as UK revenues tumble
Discussion: London News
Matthew Kassel / The New York Observer:
Borowitz Lite: A Twitter King Scales Back His Online Presence
Discussion: @stefanjbecket and @itsdgc
Michael Wolff / USA Today:
Revenue prospects are dim for the recent flurry of new journalism start-ups