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1:10 PM ET, June 26, 2012

Mediagazer

 Top News: 
Michael J. De La Merced / DealBook:
News Corp. Considers Dividing Itself in Two  —  Updated News Corporation is considering dividing itself in two, cleaving its publishing arm from its far larger entertainment division, a person briefed on the matter told DealBook early on Tuesday.  If News Corporation follows through …
RELATED:
Jeff John Roberts / paidContent:
News Corp statement confirms spin-off plan under consideration  —  Following numerous reports that News Corp is thinking of spinning off its publishing operations, the company issued a short statement that it is “considering a restructuring to separate its business into two distinct public companies.”
Roy Greenslade / Guardian:
Why a reluctant Murdoch is splitting up News Corp and what it means  —  Separating publishing from television will please shareholders and worry print staff and media plurality advocates  —  The News Corp split could have two far-reaching outcomes.  First, it might allow the entertainment entity …
Bill Dedman / MSNBC:
Bloomberg TV's ads make false claim to Pulitzer nomination for anchor Liu  —  NEW YORK — Bloomberg Television has a new ad campaign in the New York City area, touting the journalistic credentials of its morning anchor, Betty Liu.  “PULITZER PRIZE-NOMINATED,” the ads shout at commuters on trains in New York, New Jersey and Connecticut.
Carl Nolte / San Francisco Chronicle:
George Hearst Jr. - Hearst Corp. chairman - dies  —  George R. Hearst Jr., chairman of the board of the Hearst Corp., died Monday at Stanford University Medical Center in Palo Alto of complications following a stroke.  Mr. Hearst, who became ill June 16 at his ranch home in Paso Robles (San Luis Obispo County), was 84.
BBC:
News Corp ‘warned Lib Dems over BSkyB bid’  —  News Corporation implied the Sun newspaper's coverage of the Lib Dems “may turn nasty” if Vince Cable did not rule in its favour on the BSkyB bid, a minister has told the Leveson Inquiry.  Norman Lamb, Lib Dem junior business minister …
Jeff Sonderman / Poynter:
Content going ‘everywhere’: WSJ extends premium subscriptions to Pulse newsreader  —  One day after The New York Times announced an “NYT Everywhere” strategy that will extend subscriber content to Flipboard, The Wall Street Journal stepped up its own “Journal Everywhere” …
Discussion: PRWeb and Bloomberg
David Martosko / The Daily Caller:
Suspended reporter tweeted: Racism ‘secret sauce in the Politico sh*tburger’  —  Joe Williams, the White House correspondent whom Politico suspended last week after he made racially insensitive remarks about Republican presidential candidate Mitt Romney, tweeted about his employer on the evening …
Discussion: Mediaite
Matt Pearce / Los Angeles Times:
Anthony Shadid's cousin takes a shot at NYT — and journalism in general  —  Those who were there said the crowd gasped.  Ed Shadid, the cousin of late New York Times reporter Anthony Shadid, was speaking at a banquet for the American-Arab Anti-Discrimination Committee on Saturday night in Washington …
Discussion: Poynter
Neil Gough / DealBook:
Australian Billionaire Threatens to Dump Fairfax Media Stake  —  HONG KONG — The Australian mining billionaire Georgina Rinehart has threatened to sell her recently acquired 19 percent stake in Fairfax Media, sending shares in the Australian publisher tumbling on Tuesday.
Jordan Weissmann / The Atlantic:
Why Porn and Journalism Have the Same Big Problem  —  Nobody wants to pay for their product.  —  The smut business just isn't what it used to be.  —  The early days of the Internet were a bonanza for major pornography studios, as the web transformed adult entertainment into an instant …
Discussion: JIMROMENESKO.COM and bookforum.com
 
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 More News: 
Steve Outing:
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Sarah Marshall / Journalism.co.uk:
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Kimber Streams / The Verge:
AFP's e-diplomacy tool maps tweets between world leaders
 Earlier Picks: 
Joe Pompeo / Capital New York:
Another Reuters magazine, this time targeting the Aspen Ideas set
Bloomberg:
DirecTV, Dish Said To Receive Justice Department Requests
Discussion: fierceonlinevideo.com
Andrew Beaujon / Poynter:
Ex-GOOD staffers were funded for Tomorrow magazine issue within 5 hours
Discussion: The Atlantic Wire
Michael Hastings / BuzzFeed:
White House Warned Not To Delete “Leak” Emails
Dan Primack / Fortune:
Exclusive: Zinio puts itself up for sale