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News Corp. Earnings|Hybrid Companies Of The Future|Inc. Goes Virtual|Julia Allison|Conan O’Brien|David Brown Dies|Oprah

<td style='padding:2px 1px 0px 5px;' colspan='2'Moment of Zen – Roger Ailes Defends Fox News
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paidContent: News Corp. reported its second quarter earnings this afternoon, reporting a profit for the quarter and increases in most of its divisions, including — amazingly — the newspaper business, which saw a 29.5 percent gain.

Nieman Lab: According to this survey, hybrid media companies are the wave of the future.

MediaJobsDaily A new way for media companies to save money: ditch the office. Inc. magazine is trying a virtual office experiment this month.

MainStreet: Julia Allison says she’s a journalist, compares herself to Bob Woodward.

TMZ: Conan O’Brien plans to pay severance for some of his axed employees out of his own pocket.

Los Angeles Times: David Brown, former journalist, producer and husband of Cosmo editrix Helen Gurley-Brown, has died.

New York Times: Oprah Winfrey will star in a reality show about the end of her talk show once her cable net, OWN, debuts.

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