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5:20 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
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.
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.
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.
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 …
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.
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
Ben Sisario / Media Decoder:
Indian Music Service, Taking Page From Spotify, Goes Pro  —  Western music fans have no shortage of digital music services to choose from, and that abundance is spreading around the world.  Apple's iTunes is now in 119 countries, and others are racing to plant their digital flags everywhere.
Discussion: @simsima3d
Maira Sutton / Daily Dot:
How international trade agreements threaten our Internet: A primer  —  Imagine you've made a playlist for your friend, burned it to a CD, and decided to give that to her as gift.  Or you have a website where you post PDFs of old vintage books salvaged from yard sales.
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
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 More News: 
Andrew Longstreth / Reuters:
High stakes if Apple e-books antitrust case goes to trial in U.S.
Discussion: TUAW
Olga Razumovskaya / Wall Street Journal:
YouTube Files Suit Over Russian Content Law
Discussion: TechCrunch and Daily Dot
Joe Pompeo / Capital New York:
‘Times’ names Rick Berke senior editor and director of video content development
Discussion: Politico
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
 Earlier Picks: 
Georg Szalai / Hollywood Reporter:
Comcast CEO 'Bullish About NBCUniversal's Future,' NBC Turnaround
Jamillah Knowles / The Next Web:
The UK's Brit Awards to be Shazam-enabled to provide extra content for music fans
Lucia Moses / Adweek:
Financial Times Turns 125