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Facebook: 300 Million Users, and Now Cash Flow Positive (TechCrunch)
Facebook has two very big pieces of news. The first: They have crossed 300 million users worldwide now, extending their lead as the biggest social network. The second: They are now cash flow positive. Yes, from this point forward, Facebook is making money. BayNewser: Twitter growth exceeding expectations.
Potential Bloomberg Bid Looms Over BusinessWeek Sale Process (BusinessWeek)
Jon Fine: As the midnight deadline for final bids for BusinessWeek neared on Tuesday, Sept 15, the question looming was whether or not Bloomberg LP would bid. Given Bloomberg's late entry into the fray, it's expected that the company will get an extra couple of days to perform due diligence and decide upon its bid. NYP: Said one source to Keith Kelly, "they are already talking integration" of BW with Bloomberg."
Murdoch Hails Electronic Reading Devices (FT)
Rupert Murdoch, a proprietor known for having ink in his veins, has hailed the day when electronic reading devices will do away with the need for newsprint and the costs that go with it. "Then we're going to have no paper, no printing plants, no unions," said Murdoch. PaidContent: The Wall Street Journal is ready to start charging for mobile access on the Blackberry and iPhone, Murdoch said.
Jon Landman Is the New Culture Editor at the Times (NYO)
Jon Landman, the Times' deputy managing editor, is the paper's new culture editor. "Jon brings... a strenuous intelligence, an inspiring vision, a gift for getting the very best from people, and... a keen appreciation of what culture journalism can be on the Web," wrote Editor Bill Keller in a memo.
Arianna Huffington to Produce ABC Political Sitcom (THR)
Arianna Huffington is venturing into TV producing. A multicamera comedy from the Internet and political maven and executive producer Greg Malins has landed at ABC. The project centers on the friendship of three freshman members of Congress -- two men and a woman -- who live together in D.C. NYO: Huffington's plans to boot up a technology section, along with previously announced books and sports verticals, tell us something about her intentions to create the ultimate destination for every Internet user, writes Gillian Reagan.
NBC Universal Seeking Another Round of Voluntary Buyouts from News Staff (NYO)
Looks like the buyout offers are coming early this year at 30 Rock. In recent days NBC Universal executives have approached a large number of employees across its news divisions and bureaus, announcing that the company is looking for unspecified number of staffers to take voluntary buyouts.
Strong Debut for Leno (Bloomberg)
NBC said The Jay Leno Show was the most-watched U.S. broadcast program Monday night in the variety show's prime-time debut. The show drew a total of 18.4 million viewers, according to updated ratings released by Nielsen Co. Marketwatch: Jon Friedman thinks Leno's "shoddy" debut augurs badly for NBC.
FCC Wants New Look at Janet Jackson's 'Wardrobe Malfunction' (WSJ)
The Federal Communications Commission wants to take another look at singer Janet Jackson's infamous "wardrobe malfunction" at the 2004 Super Bowl. The FCC wants to review the Jackson case in light of a Supreme Court decision last year upholding another Bush-era indecency citation against Fox.
CNN Wire Goes 'A La Carte' for Newspapers (E&P)
CNN, which earlier this year started a syndication service to distribute its content to newspapers, has launched an a la carte version. The CNN Wire Store, which went up at midnight, makes its stories available to license and download for $199 per story on a single-use basis.
Divide Between Conservative and Mainstream Media (Politico)
The right-wing media's single-minded focus on a handful of targets over the past months and its success in pushing those stories into the mainstream have underscored the sharp divide between traditional news organizations and the bloggers and talk show hosts aggressively pursuing an ideological agenda.
Katharine Weymouth Steps in It Again (Slate)
Jack Shafer: One of the things Washington Post publisher Katharine Weymouth has got to learn is that she can't pretend that the newsroom floats in its own accountable-only-to-Brauchli ether at the same time she is telling editors (plural) enough with dwarf-leg stories. Washington City Paper: "A publisher's opinion about a pending story is a terribly hard thing to bottle up, especially in a newsroom filled with Twittering, texting, emailing, mouth-talking gossips," writes Erik Wemple.
Cavuto on Obama Snub: 'We Don't Beg' (TVNewser)
FNC's Neil Cavuto took a satirical look at Pres. Obama's passing on FOX as part of his Sunday show rounds. "Fox ain't on the list," said Cavuto, adding, "I'm here to tell you, Mr. President, it's ok. I'm ok. But this ain't sitting well with other broadcasters you are leaving out." He mentioned ESPN and children's network Sprout as examples. B&C: Obama heading to Letterman's Late Show.
TVGuide.com Spruces Up to Appeal to More Viewers (USAT)
The prime-time television season that begins this month is the first in which TV Guide the magazine and TVGuide.com are entirely separate entities. The site is now eager to show that TVGuide.com has a vibrant future, even as the magazine introduced in 1953 looks back wistfully at its glory days.
Tenacious D: Why Diane Sawyer Deserves ABC's Anchor Slot (The Wrap)
Dylan Stableford: Lost amid all the media pundits weighing in on Diane Sawyer after the announcement that she will replace Charles Gibson as World News anchor at the end of the year was her journalistic cred -- specifically, how tenacious a reporter Sawyer is when she's on a story.
MPA: Despite Newsstand Losses, Overall Consumer Circulation 'Stable' (Folio:)
Overall consumer magazine circulation through the first half was stable, with subscription gains offsetting newsstand declines. That's the overarching point of "The Full Story on Magazine Circulation Vitality," a new white paper released by the Magazine Publishers of America.
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