The Morning Lowdown 01.10.11


Credit: Corbis / Patricia Curi

»  Personal finance mag SmartMoney has unveiled its first major redesign, nearly a year after Dow Jones (NSDQ: NWS) acquired the remaining 50 percent stake in the title from Hearst. The underlying idea of the redesign is the acceptance that as a monthly mag, it can’t compete with the web and therefore must try to make the slowness of print work. [AP]

»  A number of news organizations, including NPR, Reuters (NYSE: TRI), BBC and BreakingNews erroneously reported — and tweeted — that Arizona Representative Gabrielle Giffords had died after she was shot on Saturday. Though their pieces were later corrected, some deleted the incorrect tweets, leaving the news outlets uncertain about whether it’s okay to delete tweets when new information comes to light, which in effect, hiding their mistakes. On the other hand, it might leave false reports alive on Twitter, causing more confusion about the current facts. [Lost Remote]

»  In the next few weeks, Comcast’s Xfinity TV app will be available to the iPad and other tablets, allowing cable subscribers to view 3,000 hours of VOD programming outside of their TV sets. Some content owners feel a little vexed and have brought in the lawyers to issue warnings. [Mediaweek]

»  Fiction writers are finding themselves forced to comply with the multimedia demands and capabilities of e-books. For many, producing simple text is no longer an option. [The Independent]

»  As our Joe Mullin noted this past week, people love stealing TV shows, even when it’s already offered online for free streaming. Analyst Rich Greenfield points out (sub. req.) that with the rise of internet-enabled TV sets, piracy is going to get a lot easier. [MediaMemo]

»  Washington Post (NYSE: WPO) Publisher Katherine Weymouth has sent a congratulatory message to the staff about the paper’s return to profitability this past year. [Romenesko]

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