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5:30 PM ET, October 25, 2012


 Top News: 
Andrew Beaujon / Poynter:
New York Times company stock closes down 22% after disappointing earnings report  —  New York Times Company stock fell about 22 percent Thursday after the company released weaker than expected earnings.  Stocks of other companies that own newspapers dropped too: Gannett Co. was down a little …
Andrew Beaujon / Poynter:
Digital subscriptions up 11 percent at New York Times company, but revenue slips  —  Digital subscriptions to The New York Times rose 11 percent over the second quarter, to 592,000, the company announced in its third-quarter earnings report Thursday.  That breaks down to 566,000 subscribers …
Jeff Bercovici / Forbes:
NY Times Co. Explains Its ‘Shockingly Weak’ Ad Results  —  For years, The New York Times Co. has been fighting a losing battle to replace its dwindling print advertising revenues with digital ones.  So when an analyst singles out the results from a quarter as “shockingly weak,” you know that's pretty bad.
Peter Kafka / AllThingsD:
Readers Pay More for New York Times, Advertisers Pay Less  —  Give the New York Times credit for consistency: All year long, it has been recording a declining ad business and a growing consumer business, and that's what it reported again today.  —  The Times says ad sales dropped 8.9 percent last quarter …
Edmund Lee / Bloomberg:   New York Times Co. Falls After Reporting Surprise Loss
The Editors / Media Decoder:
Sulzberger Expresses Support for Mark Thompson, Incoming Chief Executive  —  Mark Thompson, the incoming chief executive of The New York Times Company, who has been under scrutiny this week in connection with a burgeoning scandal at the BBC, received enthusiastic support Thursday from Arthur Sulzberger Jr. …
Joe Murphy / London Evening Standard:   Jimmy Savile: BBC tempers flare as scandal deepens
Washington Post:   BBC sex-abuse scandal echoes across the Atlantic
James Chapman / Daily Mail:
BBC tried to ‘gag’ minister over Savile scandal hours before he appeared on Question Time
Discussion: Guardian and fleet street fox
Apple's Online Radio Service to Challenge Pandora in 2013  —  Apple's Online Radio Said to Challenge Pandora  —  Apple Inc. (AAPL) and major music labels have intensified negotiations to start an advertising-supported Internet radio service by early next year, according to people with knowledge of the talks.
Steven Russolillo / MarketBeat:
Pandora Shares Trip Circuit Breakers After Report of Apple Radio Service
Discussion: Reuters and Tech Trader Daily
Lauren Indvik / Mashable!:
Marissa Mayer Makes First Yahoo Acquisition: Stamped  —  Yahoo has acquired the company behind one-year-old mobile recommendations app Stamped, its first since ex-Google exec Marissa Mayer became CEO of the company in July, Mashable has learned.  —  The acquisition was purely for talent …
Laura Hazard Owen / paidContent:
Penguin and Random House in merger talks  —  On Thursday, the Financial Times reported that Random House and Penguin's parent companies, Pearson and Bertelsmann, are in talks about merging the two publishers.  (The FT is also owned by Pearson.)  Now Pearson has released a statement confirming the report:
Jeff Bercovici / Forbes:
Keith Olbermann Casts A Wide Net In Job Search  —  Think Keith Olbermann has burned his last bridge in the television business?  He doesn't think so.  —  Seven months after he got dismissed by Current TV, the temperamental host is aggressively job-shopping, and he's not being too picky about it.
Andrew Beaujon / Poynter:
Circulation and advertising revenues down at McClatchy  —  Advertising and circulation revenue were down at the McClatchy Co. in the third quarter of this year.  Five of the company's newspapers — including The Sacramento Bee and the Fort Worth Star-Telegram — introduced a digital-subscription paywall called Plus in September.
Laura Hazard Owen / paidContent:
Amazon's crummy earnings report sends shares sliding after hours on steep losses  —  Amazon told a now-familiar story in its third-quarter earnings report this afternoon: High sales, low profits — but this time profits were even lower than analysts had expected.  Shares were down in after-hours trading.
Twitter Blog:
More interactive Tweets, in more than 2000 ways  —  Earlier this summer, we introduced the ability to expand Tweets to see content previews, photos and videos right within a Tweet.  At that time, we were working with a small group of partners.  Today there are more than 2,000 ways to bring …
Discussion: CNET, TechCrunch and The Next Web
Brian Solomon / Forbes:
The Inside Story Of Polygon, The Verge's New Gaming Sister-Site  —  Nearly one year ago, the world of online media scratched its collective head as the sports blogging network SB Nation launched a new, decidedly non-sports site called The Verge.  While it may have seemed like an odd leap at the time …
Charlie Warzel / Adweek:
Vox Media Goes After Crowded Gamer Market
Discussion: PandoDaily
Jim Kelly / Vanity Fair:
The “Shock” of the News Magazine Death: Tina Brown, Robert Hughes, and the Dwindling Cult of Authority  —  On the day that Barry Diller and Tina Brown announced the death of Newsweek the print magazine, a memorial service for Bob Hughes took place at the Metropolitan Museum of Art in New York.
Ryan Chittum / CJR:
Newsweek and the (relative) health of print mags
Discussion: @jayrosen_nyu
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 More News: 
Adam Clark Estes / The Atlantic Wire:
Newsbeast Responds to Donald Trump's Media Stunt with Media Stunt
David A. Graham / The Atlantic Online:
Infographic: The Enormous Racial Gap in Political Reporting
Discussion: Poynter
Ian Griffiths / Guardian:
Amazon to be stripped of ebooks tax boost
Discussion: Forbes, The Verge and Publishers Lunch
Darrell Etherington / TechCrunch:
Netflix Hits 30 Million Members After Q3 Subscriber Growth “Forecasting Error”
Discussion: Home Media Magazine
Chris O'Shea / FishbowlNY:
Newspaper Guild Sends Another Letter to Arthur Sulzberger
Tyler Gold / The Verge:
Pocket launches new Mac app for cross-platform sharing and offline reading
 Earlier Picks: 
Jack Dorsey Still Has Pull at Twitter. Just Ask the Vine Guys.
Keiko Tanaka / Global Voices:
After Japan Earthquake, a New Local Newspaper by Citizens
Amanda Hess / Poynter:
Binders full of Big Bird: The risk & benefits of reporting on memes
Janko Roettgers / GigaOM:
Does online video need to be local? This startup thinks so.
Rebecca Greenfield / The Atlantic Wire:
Reddit Thinks It Can Handle Its Creep Problem Better Than the Internet
Discussion: Jezebel
Harrison Weber / The Next Web:
Wikipedia rolls out a completely redesigned mobile site, with an emphasis on type and readability