Top News:
Philly.com:
Phila. Newspapers sold to lenders — NEW YORK - Brian P. Tierney, CEO of Philadelphia Newspapers L.L.C., announced Wednesday afternoon that the company that owns the Philadelphia Inquirer and Daily News has been sold to its senior lenders for $135 million.
RELATED:
Gillian Reagan / The Wire:
Bankrupt Philadelphia Newspapers Sell For $135 Million
Discussion:
Romenesko
Matea Gold / Company Town:
ABC News concludes wrenching round of cuts with fewer involuntary layoffs than expected — A brutal round of cuts at ABC News came to a close this week when executives laid off 22 employees Tuesday, a far smaller number than they had expected. — The final tally was less than anticipated …
Tim Wu / Slate:
Don't Prosecute Gizmodo for the iPhone That Walked Into a Bar … - The Senate Tries To Get Goldman Sachs To Admit They're a Bunch of Jerks- Now Doulas Are Assisting During Abortions as Well as Childbirth- The Incredibly Unfair Trial of Muslim Activist Syed Fahad Hashmi- Troy Patterson: Is Happy Town the Next Lost?
RELATED:
Reuters:
Why reporters are down on Obama — One of the enduring storylines of Barack Obama's presidency, dating back to the earliest days of his candidacy, is that the press loves him. — “Most of you covered me. All of you voted for me,” Obama joked last year at the White House Correspondents' Association dinner.
Discussion:
Mediaite, Gawker, Romenesko, Salon, Media Matters for America, Ben Smith's Blog, Chickaboomer and Strupp
Joe Pompeo / Silicon Alley Insider:
Yahoo! News Hires Newsweek's Former White House Correspondent Holly Bailey (YHOO) — Yahoo! News has recruited yet another high profile journalist. — We hear that Holly Bailey, a former Newsweek White House correspondent, has taken a job as senior politics writer for Yahoo's politics, national affairs and media blog, The Newsroom .
Discussion:
New York Observer
RELATED:
Edmund Lee / AdAge:
More Publishers Trying Outsourced Journalism — Established News Shops Running Articles From Pool of Freelancers for as Little as $5 a Story — NEW YORK (AdAge.com) — More major media companies are looking for ways to find cheap content. Thomson Reuters, Cox Newspapers and Hachette Filipacchi …
Discussion:
Center for Sustainable …
Charlie Savage / New York Times:
U.S. Subpoenas Times Reporter Over Book on C.I.A. — WASHINGTON — The Obama administration is seeking to compel a writer to testify about his confidential sources for a 2006 book about the Central Intelligence Agency, a rare step that was authorized by Attorney General Eric H. Holder Jr.
cyber.law.harvard.edu:
A Tale of Two Blogospheres: Discursive Practices on the Left and Right — Authored by Yochai Benkler, Aaron Shaw, Victoria Stodden — Abstract — Discussions of the political effects of the Internet and networked discourse tend to presume consistent patterns of technological adoption and use within a given society.
Mallary Jean Tenore / Poynter Online:
How News Organizations Hope to Benefit from Facebook's New Features — Facebook's new plugins, which help integrate the social networking site with the rest of the Web, have presented news organizations with an opportunity to think more creatively about how they can use social media to meet their audiences' needs.
Meg James / Company Town:
Fox likes its Fuel after all — Fox is hanging on to its Fuel. — Late last year, media conglomerate News Corp. tried to sell its tiny Fuel TV cable channel to Viacom Inc. The rationale was that the extreme sports channel geared toward young guys between 13 and 34 might make a better fit within Viacom's youth-centric MTV universe.
Gillian Reagan / The Wire:
Arthur Sulzberger Jr.: NYT's Metered Paywall Is About Building ‘Emotional Connection’ With Readers (NYT) — The New York Times (NYT) is building its metered model for NYTimes.com in 2011 for many reasons, as chairman and publisher Arthur Sulzberger Jr. pointed out during the Times' annual meeting of stockholders yesterday.
Discussion:
paidContent, FishbowlNY, The New York Times Company, Media News International, The Daily Beast and Romenesko
Natalie Zmuda / AdAge:
Ann Taylor Investigation Shows FTC Keeping Close Eye on Blogging — Commission's Scrutiny of Retailer for Rewarding Posts About Collection Is a Warning to Marketers — NEW YORK (AdAge.com) — The Federal Trade Commission has made public its first investigation into a company's relationship with bloggers …
Kevin Woster / Rapid City Journal:
KOTA anchorman temporarily sidelined after tea party appearance — KOTA TV newsman Shad Olson will be back on the air soon, following a disciplinary suspension from his news anchor duties in the Rapid City coverage area because of his speech at a tea party rally.
Bill Gurley / abovethecrowd.com:
When It Comes To Television Content, Affiliate Fees Make The World Go 'Round — Filed under: Internet,Web/Tech,online video,video | Tags: Affiliate Fees, Hollywood, Internet, online video, video … More often than not, we here in Silicon Valley are prone to idealism.
Fern Siegel / MediaPost:
FTC Uses Game Site To ‘Ad-ucate’ Kids — To help kids understand advertising, the Federal Trade Commission is launching an ad literacy campaign at the game site Admongo.gov. Geared to 8-to-12-year-olds, the Admongo curriculum helps teachers and parents “ad-ucate” kids, using fictional spots as teaching tools.
Discussion:
AdFreak
Judith Townend / Journalism.co.uk:
New site comment system hoping to diversify the views around news — Start-up Ameritocracy has designed a new commenting system in beta, which brings in comments from around the whole web. — In brief, the Insight App is a commentary layer which sits over any website - see it working on its own site …
Dan Kennedy / Media Nation:
Haitian copyright case turns on Twitter's TOS — In a lawsuit filed in U.S. District Court in New York, Agence France Presse (AFP) claims that it did not violate photojournalist Daniel Morel's copyright by distributing his images from the scene of the Haitian earthquake because Morel had posted his photos to Twitter, via TwitPic.
Jim O'Neill / FierceOnlineVideo:
Financial Times launches Brightcove-powered video hub — U.K. media giant The Financial Times is launching a Brightcove-backed video technology platform and dedicated video hub it says will make it easier for users to find and watch relevant video from around the financial world.
Discussion:
FierceTelecom
New York Post:
Publisher Modern Luxury looking for a buyer — Modern Luxury Media, publisher of regional magazines like San Francisco, which last week won a General Excellence prize at the National Magazine Awards, has put itself on the block. — The company publishes 26 magazines …
Michael Cieply / Media Decoder:
More Members of Congress Oppose Trading of Movie Box-Office Futures — Political opposition to a pair of proposed exchanges that would trade futures contracts keyed to the movie box office grew on Wednesday, as 10 members of the House of Representatives sent the Commodity Futures Trading Commission …
Discussion:
Company Town
David Kaplan / paidContent:
AOL Sells IM Service ICQ To Russia's DST For $187.5 Million — As expected, Russian investment group Digital Sky Technologies says it has reached an agreement with AOL (NYSE: AOL) to buy its instant messaging service ICQ for $187.5 million. DST, which has investment in Facebook and Zynga …
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