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2:50 PM ET, April 17, 2010

Mediagazer

 Top News: 
Jason Fell / Folio Stories RSS: B2B:
RBI to Shut Down Remaining 23 Magazines  —  Parent Reed Elsevier to hold onto Variety, other brands.  —  About nine months after putting the brands published under the U.S. arm of Reed Business Information on the block again, Reed Elsevier announced today that it is closing down the magazines …
Gavin O'Malley / MediaPost:
Report: Android Ad Impressions Up Sharply  —  Android ad impressions increased by 72% from February to March, according to mobile ad network Millennial Media.  Millennial, which claims that its mobile ad network reaches 83% of 72 million mobile Web users nationwide, reports that Android's OS …
Discussion: paidContent
John Eggerton / Broadcasting & Cable:
MAP Asks FCC to Reconsider Comcast/NBCU Comment Extension Decision  —  Commission denied group's 45-day extension request  —  Media Access Project (MAP) Friday (April 16) asked the FCC to reconsider its decision denying MAP's request for a 45-day extension on the comment period for the Comcast/NBCU merger …
Discussion: rbr.com
Ryan Chittum / CJR:
Goldman Sachs Fraud Charges Are a Business-Press Win  —  The New York Times's Louise Story and Gretchen Morgenson score a major scoop this morning with news that the SEC is charging Goldman Sachs with fraud over its structuring of CDOs, saying “the bank created and sold a mortgage investment that was secretly devised to fail.”
RELATED:
David Cohen / WebNewser:
Main Street Connect Eyes Connecting with Entrepreneurs to Launch Hyper-Local News Sites  —  The Daily Norwalk, a hyper-local news site focused on Norwalk, Conn., that recently launched in beta, is the first example of what national community news company Main Street Connect is trying to accomplish.
Billy Silverman / The Huffington Post:
Regulators Approve Movie Box Office Futures Market  —  LOS ANGELES — U.S. regulators on Friday approved the creation of a futures market for trading in forecast box-office receipts, but major Hollywood studios immediately trumpeted a bill that would ban it.
Discussion: mediaelites
James Rainey / Los Angeles Times:
ON THE MEDIA: Don't close the door on The Entryway so fast  —  The blog by two young white journalists who have moved in with Latinos in a multi-family MacArthur Park apartment could yet yield good work.  —  We hear a fair amount about journalism's failure to cover local news, particularly in poor communities.
Will Sturgeon / themediablog.typepad.com:
A “first class” performance by Cameron and ITV  —  Pundits, journalists and news reporters tried hard to talk in professional terms about David Cameron's poor showing in the UK's first ‘Leaders Debate’ but some critics were slightly less subtle.  ITV be wishing it had read more carefully …
Discussion: Guardian
Mallary Jean Tenore / Poynter Online:
Some Cheer, Jeer AP Change from ‘Web site’ to ‘website’  —  When the AP Stylebook announced via Twitter that it was changing the style for “Web site” to “website,” some users let out shouts of praise: “Finally!”  “Yes!!!”  “Yeeha!”  —  The reactions aren't surprising …
Brian Stelter / Media Decoder:
Steve Jobs Says Apple Made a Mistake in Rejecting Pulitzer Winner's App  —  Apple's chief executive apparently believes that his company made a mistake when it rejected an iPhone app from a cartoonist who is now a Pulitzer prize winner.  —  An Apple spokeswoman did not comment Friday afternoon …
Steve Busfield / Guardian:
Grim month for all quality dailies  —  The Times, which a year ago was still selling more than 600,000 copies, is now hovering just over the half-million mark  —  A grim month for quality daily newspapers saw large across-the-board year-on-year circulation falls in March, although the comparisons with February were less dramatic.
Richard Deitsch / Sports Illustrated:
Media Power Rankings for March … 1. John Smoltz, Turner and MLB Network: Of all who signed with baseball broadcasting entities this offseason, from Aaron Boone to Nomar Garciaparra to J.P. Ricciardi, Smoltz has the best chance for long term stardom.  The future Hall of Fame pitcher was pursued by ESPN …
Discussion: Romenesko and mediabistro.com
 
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 More News: 
Christopher K. Hepp / Philly.com:
Bankruptcy judge orders taping documents produced
Discussion: Romenesko
Michael Arrington / TechCrunch:
Tynt Gets $8 Million For Ctrl-C Action
Laurie Sullivan / MediaPost:
Could Marketers Take Google Off The Ad Media Plan?
Christopher Heine / ClickZ:
Comcast and Starbucks Testing Home Page Takeover Plays at Major Newspapers
 Earlier Picks: 
Rupal Parekh / AdAge:
McCann Sues MDC Partners, Kirshenbaum Bond For Allegedly Poaching Talent
David Kaplan / paidContent:
NBC Profits Declined 49 Percent, Mostly Due To Olympics
Discussion: NetNewsCheck Latest
Phoebe Connelly / American Prospect:
The Library of Congress Is Now Following You on Twitter
Discussion: Mother Jones
Robert Andrews / paidContent:
First Look: FT's iPad App Is Just Around The Corner
Discussion: The Wire