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1:20 AM ET, February 14, 2013


 Top News: 
Time Warner in talks to part ways with Time Inc.  —  FORTUNE — Media giant Time Warner has begun discussions to separate itself from Time Inc., its $3.4 billion (in annual revenue) publishing division, according to three people familiar with the matter.  A serious buyer is in talks with the company, one of the sources says.
Jeff Bercovici / Forbes:
Time Warner Shopping Time Inc. Likely Price Tag?  Try $2.5 Billion  —  Time Inc., America's biggest magazine publisher, is for sale — sort of.  Fortune reports that parent Time Warner is in talks with a “serious buyer” to sell most of its periodicals — and who better to know than Fortune, being one of those periodicals?
Discussion: WWD Media Headlines and AdAge
Time Warner Reportedly in Talks To Sell Most of Time Inc.  —  Bank Said To Be Involved Has Ties to Warren Buffett  —  Time Warner is in talks to sell a large portion of its Time Inc. magazine division, including People, InStyle and Real Simple, according to a report Wednesday afternoon by Fortune.
Discussion: @matt_creamer, B&C, @romenesko and @natives
Wall Street Journal:
Time Warner in Talks to Divest Most Magazines to Meredith Corp.  —  Time Warner Inc. is in talks to divest most of its magazine group to Meredith Corp., say people familiar with the matter, keeping only Time, Sports Illustrated and Fortune titles.  —  Meredith, which owns magazines …
Discussion: FishbowlNY and @peterlauria3
Peter Kafka / AllThingsD:
Time Warner Put the “For Sale” Sign on Time Inc. Last Fall  —  People have been wondering for a long time when Time Warner would sell off Time Inc. And for a long time, whenever anyone asked CEO Jeff Bewkes or senior management about the publishing company, they'd inevitably say something like “we like it, we're keeping it.”
Discussion: @michaelwolffnyc
Simone Foxman / Quartz:
Why does Time Warner want to get rid of its most profitable magazine?
Discussion: Fortune and
Knight Foundation:
Knight Foundation regrets paying Lehrer speaking fee  —  On Tuesday, the Knight Foundation paid Jonah Lehrer to speak at a community foundation conference.  In retrospect, as a foundation that has long stood for quality journalism, paying a speaker's fee was inappropriate.
Jonah Lehrer:
My Apology  —  I'd like to begin by thanking the Knight Foundation for the invitation to speak.  —  I've been asked to give a talk about decision-making.  I'm going to focus today on bad decisions, on the causes and repercussions of failure.  The failure I'll be talking about is my own.
Jeff Bercovici / Forbes:
It Sure Doesn't Sound Like Jonah Lehrer Is Donating That $20K Speaking Fee To Charity  —  Jonah Lehrer's appearance at a Knight Foundation event Tuesday was supposed to be the first step in a rehabilitation culminating in his return to the welcoming arms of the journalism profession.
Felix Salmon:
Blogonomics, Maria Popova edition  —  Back in May, Kickstarter looked as though it was moving upmarket.  Following Bob Lefsetz's lead, I said that “while Kickstarter was originally embraced by the undiscovered and impecunious, its greatest potential, in the music industry …
Kelly Faircloth / Betabeat:
Maybe Don't Talk S**t About Ads If You Make Money On Affiliate Links [Updated]  —  Ms. Popova's omnipresent avatar.  (Image: Twitter)  —  Brain Pickings' Maria Popova is a little like the brainier counterpart to the Oatmeal's Matthew Inman: She's got her haters, but she's also hugely popular …
William Turvill / Press Gazette:
The accused: At least 55 UK journalists arrested since April 2011  —  At least 55 journalists have now been arrested in the last two years as a result of police investigations stemming from the phone-hacking scandal.  On 13 February, a further six former News of the World journalists …
Lisa O'Carroll / Guardian:
Phone-hacking inquiry: Sun's Fabulous and northern features editors arrested
Discussion: Crikey and Softpedia News
Tom Pakinkis / Music Week:
Rightsholders should be paid for online radio plays, says Aussie court  —  Rightsholders should be paid additional fees for plays via online simulcasts - where a radio station is broadcast via the internet as well as on the airwaves, Australia's Federal Court has ruled.
Jennifer Booton / Fox Business:
Thomson Reuters To Slash 2,500 Jobs, 4% of Workforce  —  Thomson Reuters (TRI) plans to cut 2,500 jobs this year, or 4% of its global workforce, as it continues to axe costs as part of a larger overhaul.  —  The company said on Wednesday that it expects to spend about $100 million on severance costs …
Jennifer Saba / Reuters:   Thomson Reuters revenue outlook disappoints
Joe Pompeo / Capital New York:
‘Times’ names Rick Berke senior editor and director of video content development  —  The New York Times has made Rick Berke's departure from the masthead and move into video content official.  —  Berke, previously an assistant managing editor, has been appointed senior editor and director …
Discussion: Politico
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 More News: 
Andrew Longstreth / Reuters:
High stakes if Apple e-books antitrust case goes to trial in U.S.
Olga Razumovskaya / Wall Street Journal:
YouTube Files Suit Over Russian Content Law
Discussion: TechCrunch and Daily Dot
Natan Edelsburg / Lost Remote:
The New York Times launches ad platform to leverage archives with National Geographic Channel as launch partner
Don Reisinger / CNET:
Julian Assange to run for senate seat in Australia, says report
Jeff John Roberts / paidContent:
Hughes' New Republic has 44,000 subscribers, thinks Twitter beats Facebook for news
Discussion: AllThingsD
Georg Szalai / Hollywood Reporter:
Comcast CEO 'Bullish About NBCUniversal's Future,' NBC Turnaround
 Earlier Picks: 
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