Top News:
Mark Fitzgerald / Editor and Publisher:
More Evidence of Newspaper Turnaround: Gannett Doubles Q1 Profit as Revenue Decline Moderates — CHICAGO Gannett Co. reported a first-quarter profit Friday that was double its year-ago earnings and said that U.S. newspaper advertising, down 8.5% compared to a year ago, showed improvement in every category.
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Gillian Reagan / The Wire:
Newspapers Rejoice! Gannett Smashes The Street With Profits Up 51% (GCI) — Gannett Co., Inc. (GCI), America's largest newspaper publisher, beat expectations for their first quarter results, pulling in adjusted earnings at $0.50 per share, compared to $0.41 expected by analysts.
Clark Hoyt / The Public Editor's Journal:
Dueling Columnists — A surprising disagreement has broken out between two Times columnists, with Paul Krugman demanding an apology from Andrew Ross Sorkin and Sorkin so far refusing to back down. — The argument is over what approach Krugman, the Nobel Prize-winning economist who writes …
Discussion:
Gawker, Wall Street Journal, The Huffington Post, New York Magazine, Salon, Romenesko, Dealbreaker and FT Alphaville
Hollywood Reporter:
Weinsteins to take back Miramax — THR EXCLUSIVE — It looks like the Weinsteins have managed to fashion a winning bid in the Miramax auction and will take back control of the company they founded in 1979 and sold to Disney in 1993 for $80 million. — Running the process internally …
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Ryan Chittum / CJR:
It's Time for the Press to Push Back Against Apple — Yank iPad apps unless Apple cedes complete control over the right to publish — The Nieman Journalism Lab's Laura McGann has a disturbing report that ought to perk up every news organization that sees Apple's iPad as part of its future.
Discussion:
Fortune
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Laura McGann / Nieman Journalism Lab:
Mark Fiore can win a Pulitzer Prize, but he can't get his iPhone …
Discussion:
TVWeek.com, Slate, Tom's MAD Blog!, TUAW, Epicenter, Digits, Daring Fireball, Comic Riffs, Gizmodo, Mother Jones, PC Magazine and eMedia Vitals
Kenneth Li / Financial Times:
Demand Media enlists Goldman for IPO — Demand Media, a closely watched startup that mines online search engine data to generate thousands of videos and web stories a day, has hired Goldman Sachs to explore an initial public offering. — People familiar with the plans say the company could file for an IPO as early as August.
Newsdesk / Tower Ticker:
Chicago News Cooperative to name Madison Dearborn's Canning chairman — John Canning, founder and chairman of the Chicago private-equity group Madison Dearborn Partners, is set to be announced Friday as the new board chairman of the nonprofit Chicago News Cooperative.
Discussion:
Romenesko
Nat Ives / AdAge:
Apple's New Guidelines Won't Stop Wired Magazine iPad App, Conde Nast Says — Navigating New Restrictions En Route to the App Store — NEW YORK (AdAge.com) — Conde Nast 's Wired magazine app will indeed work on the iPad despite the restrictive new guidelines Apple issued this month, Conde Nast said Thursday evening.
Matea Gold / Show Tracker:
Fox News yanks Sean Hannity from Cincinnati Tea Party rally he was set to star in — Angry Fox News executives ordered host Sean Hannity to abandon plans to broadcast his nightly show as part of a Tea Party rally in Cincinnati on Thursday after top executives learned that he was set to headline the event …
Discussion:
Media Decoder, The Daily Beast, Tuned In, Washington Monthly, Mediaite, The Huffington Post, The Caucus, Strupp and Inside Cable News
Ilya Vedrashko / Hill Holliday:
Apple iAd Team Visits Hill Holliday, Shares Details — Back in January, we greeted the announcement of Apple's upcoming ad network with cautious optimism and a lot of questions. Today, Apple's iAd team headed by the now former CEO of Quattro Wireless Andy Miller visited Hill Holliday to fuel the former and answer the latter.
Mark Ftizgerald / Editor and Publisher:
Gannett Won't Pay Golden Parachute Taxes for Future Top Executives — CHICAGO Facing a shareholder proposal on so-called “excise tax gross-ups” — in which a company pays part of the tax on a top executive's golden parachute — Gannett Co. board of directors Thursday eliminated the perk for future executives.
Phil Bronstein / San Francisco Chronicle:
Journalism Deathmatches, Then and Now — A little bloodshed is good for the news business, particularly if journalism professionals are back to shooting at each other instead of collectively gathering around their own grave, hand-wringing and waiting to be pushed in by a dismissive and disinterested public.
Discussion:
American Journalism Review
David / Signal vs. Noise:
Eyeballs still don't pay the bills — Ning is laying off 40% of its staff and dumping free versions of its service. That's a s**tty day for the people who lost their job and the folks left behind without their coworkers. I went through a few rounds back in the dotcom days and fun it was not.
Andrew Vanacore / Associated Press:
Rolling Stone's archive going online - for a price — NEW YORK - For the first time Rolling Stone is inviting its readers on the long, strange trip though the magazine's 43-year archive, putting complete digital replicas online along with the latest edition. But you'll have to pay to see it all.
Steve Myers / Poynter Online:
Brady: D.C. News Site to Rely on 3 Things for Delivering News on Every Block — People who visit Albritton Communications' still-unnamed metro D.C. news site when it launches in June will see elements that have been employed elsewhere — aggregation, geocoding, community engagement — but not quite in this formula.
Erica Naone / Technology Review:
Will Twitter's Ad Strategy Work? — Twitter will have to overcome several challenges for the scheme to be successful. — This week Twitter launched Promoted Tweets, an advertising platform that sheds light on its much-discussed business model. The platform takes a page …
Editor and Publisher:
Atlanta Gay Paper ‘Southern Voice’ to Return Next Week — ATLANTA The new owner of a longtime weekly newspaper covering the gay and lesbian community in Atlanta said April 9 that the shuttered publication would reopen within the next week. — Southern Voice shut down in November …
Gillian Reagan / Silicon Alley Insider:
Forbes Hires Back Fired Reporters, Tells Them To Write More Stories And Get More Clicks — We hear from a Forbes source that a half dozen reporters who were laid off during their October 2009 round of layoffs were brought back to their desks. — Congrats, guys!
Ben Goldacre / Bad Science:
Libel claimants get what they deserve. So do you. — [Full text at guardian.co.uk, abbreviated in the paper] — After 2 years of pursuing one man through the courts, at a cost to him of £200,000 and 2 years work, the British Chiropractic Association yesterday dropped their libel case against science writer Simon Singh.
Discussion:
Guardian
Fred / A VC:
Software Is Media — I've made this point in several talks I've given recently so for those of you who attended or watched the talks on video aren't new to this meme. But I thought I'd share it with the AVC community. — As software has moved from running on local machines to running …
Shaila Dewan / New York Times:
A Newspaper Leaves Behind Its City Roots — ATLANTA — When The Atlanta Journal-Constitution moves into its new home next week, its employees will have access to free parking, more natural light and a wide variety of “retail, service and dining options” at Perimeter Mall …
Timothy James Duffy / Techi.com:
CAPTCHA Advertising Coming Soon To A Website Near You — Sick of internet advertisements? Like it or not, banner, contextual, and even pop-up ads have become an integral part of nearly all modern websites. While it's understandable that all of our favorite websites need a way to subsidize server costs …
Leena Rao / TechCrunch:
PubMatic Raises $7.5 Million For Ad Optimization Platform — PubMatic, an online ad optimization service and TechCrunch 40 company, has raised $7.5 million in Series C funding from Helion Venture Partners, Draper Fisher Jurvetson and Nexus Venture Partners. This round of investment brings PubMatic's total funding to $18 million.
Charles Arthur / Guardian:
Daily Telegraph website hacked — Site defaced apparently in anger at remarks over ‘gypsies’ — Part of the Daily Telegraph's website has been hacked, apparently by people in Romania who were aggrieved at its identification of “gypsies” and “Romanians”. — Its “Short Breaks” …
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