Top News:
Stephanie Clifford / New York Times:
Newsweek on Block as Era of the Newsweekly Fades — The Washington Post Company announced Wednesday it would try to sell Newsweek magazine, raising questions about the future of the iconic newsweekly — and whether a fragmented nation still looked to mass magazines to define the weekly conversation.
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Joe Pompeo / Silicon Alley Insider:
Newsweek's Jon Meacham On ‘The Daily Show’: It's Time To Flip The Switch From Print To Digital — On Wednesday night's episode of “The Daily Show,” Newsweek editor in chief Jon Meacham laid out what you'd think should be a no-brainer strategy for any news organization toggling between the print and digital worlds.
Discussion:
TeleRead
Howard Kurtz / Washington Post:
Newsweek's hazy future
Newsweek's hazy future
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Newser, New York Observer, Most Recent Home Page Posts …, The Daily Beast, Mediaite and Slate
Brian Stelter / Media Decoder:
On a Dramatic Afternoon for Dow, a Scramble to Cover the Story — Cable news anchors and financial Web sites struggled to keep up as the Dow fell nearly 1,000 points and then mostly rebounded in a matter of minutes Thursday afternoon. — As my colleague David Carr put it just now …
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Joe Weisenthal / Silicon Alley Insider:
THE MOST EXCITING MOMENT IN CNBC HISTORY: Jim Cramer Saves The Market — If you missed it, here's the instant-classic video of Erin Burnett and Jim Cramer going nuts together as the Dow collapsed and then rebounds — And don't miss: Jim Cramer's 10 greatest moments > — Join the conversation about this story »
Alexei Oreskovic / MediaFile:
Actually, Yahoo is not spending another $85 million on ads — The news that Yahoo is spending $75 million to $85 million on an ad blitz has provoked a wave of disparagement in the blogosphere, with many critics slamming Yahoo for throwing more money away on an ineffective marketing strategy.
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Suzanne Vranica / Wall Street Journal:
Yahoo Launches New Ad Blitz — Campaign Promoting Site as One-Stop Web Destination Makes a Jab at Google — On the heels of a disappointing ad campaign, Yahoo is hoping to increase traffic to its home page and win back share in the Internet-search market with a new ad blitz that takes a shot at larger rival Google.
Ian Shapira / Story Lab:
Should journalists out each other's sources? — On Wednesday morning, I read a piece on the Politico web site speculating about the identity of confidential sources who helped me break a story about negotiations to sell The Washington Times. Initially, the Politico headline …
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Gawker
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Andrew Romano / Newsweek Blogs:
Why the Media Ignored the Nashville Flood — As you may have heard, torrential downpours in the southeast flooded the Tennessee capital of Nashville over the weekend, lifting the Cumberland River 13 feet above flood stage, causing an estimated $1 billion in damage, and killing more than 30 people.
Maureen O'Connor / Gawker:
Guy Who Sent Us Washington Post's Malcolm X-Obama Mix-Up Denies Hoax — The Washington Post claims a much blogged-about photo caption blooper was a “hoax.” But the guy who sent the screencap to us stands by it: “I don't even have Photoshop on my computer! Also two co-workers saw my screen.”
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Emily Bryson York / AdAge:
McDonald's to Use Facebook's Upcoming Location Feature — Brands Eager to Build Apps Once Massive Social Network Launches Its Own Foursquare Competitor — CHICAGO (AdAge.com) — Facebook is preparing to launch location-based status updates for its users.
David Kaplan / paidContent:
Updated: Playboy Plans Free, Safe-For-Work Site — Playboy (NYSE: PLA) is planning a mix of new sites that it hopes will appeal to a variety of readers and advertisers, company execs said during its Q1 earnings call. In addition to expanding its mobile presence, Playboy is working on a …
Staci D. Kramer / paidContent:
Simon & Schuster's Digital Publishing Revenue Up Sharply — Today's standout standout but still small digital number from earnings reports: CBS (NYSE: CBS) Publishing aka Simon & Schuster reports a roughly 233 percent increase in digital publishing revenue for Q1, to $12 million from $3.6 million.
Dina Temple-Raston / NPR:
How Media Coverage Crimped The Times Square Case — The virtually wall-to-wall coverage of the Times Square bombing investigation was a problem for investigators trying to solve the case. — It all began at dinnertime last Saturday night when a suspect drove an SUV rigged with a homemade bomb …
Staci D. Kramer / paidContent:
Cablevision's Cable Ad Revs Up 35 Percent, Newsday Down But Losses Narrow — Post-MSG Cablevision (NYSE: CVC) turned in another strong quarter, defining why analyst Craig Moffet calls it a “cash machine. Profit for Q1 more than tripled to $74.1 million, with a 5 percent increase in revenue …
Syoung / Berkman Center:
NEW HAMPSHIRE SUPREME COURT UPHOLDS FREE SPEECH RIGHTS FOR ONLINE NEWS SITES — The New Hampshire Supreme Court today issued an important decision upholding the First Amendment rights of online publishers. Harvard Law School's Cyberlaw Clinic submitted an amicus curiae brief last June …
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Citizen Media Law Project