Summary:

»  As Newsweek merges with The Daily Beast, Tina Brown has turned to Bloomberg BusinessWeek managing director Ciro Scotti to help…

Morning Lowdown
photo: Corbis / Patricia Curi

»  As Newsweek merges with The Daily Beast, Tina Brown has turned to Bloomberg BusinessWeek managing director Ciro Scotti to help guide the titles through the combination. [Mediaweek]

»  A large Borders shareholder wants the company to buy its bigger competitor Barnes & Noble (NYSE: BKS), as a way to better manage the challenges threatening booksellers. [WSJ]

»  Households with a broadband connection but no digital television service, have stayed relatively static from 16 percent in 2006 to 17 percent today, according to CBS (NYSE: CBS) research head Dave Poltrack, who offered those numbers as proof that cord-cutting is myth. [THR]

»  The day-long crash of Tumblr was met with some grumbling and a lot of derision, and even some genuine suffering. Marshall Kirkpatrick is one who sees a deeper meaning in the vexation, namely “how much things have changed because of these new technologies that have democratized publishing.” [RRW]

»  Gawker may have gone bit overboard in its latest sordid item on IAC’s Barry Diller, who says worse than their “usual nastiness is the rank inaccuracies.” [Mixed Media]

»  Hulu wants to serve you up all the goings on in media and culture in just five minutes. [AllThingsD]

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