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Tuesday, Nov 10

The Morning Newsfeed: 11.10.09

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blogSmallInline.jpgHachette Shutters Metropolitan Home (FishbowlNY)
Metropolitan Home's December 2009 issue will be its last. Publisher Hachette Filipacchi Media U.S. announced it will cease publication of the shelter magazine and focus its energy in the category solely on Elle Decor. Met Home's editor-in-chief Donna Warner and her staff will be leaving the company. NYT: Published regularly as Apartment Life in 1974, Metropolitan Home became known for its features on renovations and its focus on everyday homes rather than the houses of celebrities or architects.

Murdoch Hints He Will Sue BBC and Google (FT)
Rupert Murdoch indicated on Monday that News Corporation would sue the BBC over breach of copyright for "stealing" material from his newspapers round the world. "They will have to spend a lot more money on a lot more reporters to cover the world when they can't steal from newspapers," he said. Bloomberg: Murdoch said he'd like one of his children to succeed him as head of News Corp. Telegraph: Google has clarified that it will not index publishers against their wishes, in response to Murdoch's threat to block the search engine from his newspapers' Web sites.

Shake-up at Washington Times; Three Executives Out (Politico)
The Washington Times announced major changes at the paper yesterday morning, with three top executives gone in the process. Those removed Monday morning include Thomas P. McDevitt (president and publisher), Keith Cooperrider (chief financial officer), and Dong Moon Joo (chairman). WaPo: Economics appears to be at the heart of the shakeup. FishbowlDC: Jon Ward, White House reporter for The Washington Times has taken a new job with Tucker Carlson's Daily Caller Web site.


Google Buys Mobile Ad Company for $750M (Wired/Epicenter)
Google purchased mobile ad firm AdMob for $750 million Monday, placing a heavy bet that targeted ads on mobile devices could help diversify Google's income stream. AdMob specializes in graphic ads that show up on Web pages and mobile applications.

ABC's Roberts Gets Prime-Time Spotlight (AP)
Robin Roberts is comfortable in the knowledge that when ABC's Good Morning America makeover is complete, she will keep her seat at the anchor desk. She just doesn't know who will be sitting next to her. As she waits, ABC is showing her some love. B&C: For network affiliates, unease about so vital a transition remains.

Glenn Beck's New Book to Debut at No. 1 (TVNewser)
Fox News' Glenn Beck will now have five consecutive New York Times bestsellers with the release of his new book, The Christmas Sweater: A Picture Book. The book will debut at No. 1 on the November 15th children's picture book bestseller list, which, according to his publisher, will "make history."

Discovery Launches Science News Web Site (WaPo)
Discovery Communications has launched a new Web site dedicated to reporting science and technology news. "We're on a mission to make people smarter about the world around them," said Miguel Monteverde, the site's general manager.

Leading Editor Quits China's Top Magazine (WSJ)
Hu Shuli, one of China's most outspoken and influential journalists, resigned from her post as editor of Caijing magazine on Monday after clashing with the magazine's owners over financing and censorship. Most of Caijing's top editors also resigned.

Hearst Corp. Names New CFO (Folio:)
Media and entertainment industries investment banker Mitchell Scherzer has been named vice president and CFO at Hearst Corp. The former Goldman Sachs media group co-head most recently led the media division at The Silverfern Group. His appointment is effective November 16.

FCC's Steve Waldman: Point Man for Fixing the News Business (Daily Finance)
In Steven Waldman's new job as the Federal Communications Commission's designated deep thinker on the future of media, he will be asked to assess the health of the news business and come up with recommendations for improving it -- without exceeding the agency's relatively narrow charter.

'AP Free' Will Cost Us All (Mediaite)
Pat Kiernan: This week, as an experiment, Tribune Co. newspapers are taking a week-long break from the Associated Press. But the simple test of "can we get by?" without the service overlooks the broader role of the AP because much of what the AP provides is unseen by readers, listeners and viewers.

2010 Looking Up for Self (WWD)
Things are looking better for Self in 2010. Though the magazine will pull in 20 percent less advertising this year than in 2008, the January issue will carry more than 70 ad pages, the most for a January issue in 20 years.

Despite Brutal Year, Number of Shelter Magazines Grows (Folio:)
According to the 2010 National Directory of Magazines, which tracks data for 17,020 North American pubs that accept advertising, home titles have seen top growth in titles -- 167 percent. Since 2004, that's an increase from 105 to 280 titles in the category.

On Business TV, Lower Prices Justify Almost Anything (The Big Money)
James Ledbetter: Last week, at least one CNBC anchor -- Dennis Kneale -- said that he would be in favor of slavery as long as it would lower prices. I can believe that Kneale got caught up in the heat of the argument, but at a minimum this tells you about the sorry intellectual state of debate on cable television.

The Relationship Economy: Be Humble -- Be Of Use (min)
Steve Smith: A lot of publishers' effort at "recruiting" from social networks is media hubris -- the wonderful fantasy entertained by executives that consumers love and crave your brands. Maybe some do, but the Internet has demonstrated pretty handily that most users are happy to find alternatives elsewhere.

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