FIRST CUTS: Murdoch on the menu; New media innovators

Joe Pompeo
·Media Reporter

Our list of stories that should be on your morning media menu:

• Bloomberg reported Monday night that News Corp. was considering promoting COO chief Chase Carey to replace Rupert Murdoch as CEO should the latter executive step down from that role. (Bloomberg)

• Rival wire Reuters then reported that "News Corp independent directors are fully behind Rupert Murdoch." (Reuters)

• Will James Murdoch survive the scandal? And how he got to where he is today. (Wall Street Journal)

• Tuesday's parliamentary testimony by Rupert Murdoch "is the culmination of a 40-year love-hate power struggle between the News Corp. chief and Britain's public and politicians." (Wall Street Journal)

• Murdoch's careful selection of his advisers. (Wall Street Journal)

• New York mag christens 21 "new media innovators." (New York)

• Desk-space tension at Gawker Media. (New York Observer)