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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Howard Kurtz / Washington Post:
Newsweek's hazy future — Can Newsweek magazine survive? — The answer is that no one, including the people who work there, knows for sure. — With yesterday's bombshell announcement that The Washington Post Co. is putting the magazine up for sale, Time remains the last newsmagazine standing.
Discussion:
Newser, New York Observer, Most Recent Home Page Posts …, Mediaite, The Daily Beast and Slate
Joe Pompeo / Silicon Alley Insider:
Newsweek's Jon Meacham On ‘The Daily Show’: It's Time To Flip …
Discussion:
TeleRead
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 — Check our more artistic version of the day's events …
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 …
Discussion:
Gawker
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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.
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.
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.
Andy Alexander / Ombudsman Blog:
Hoax suspected in Obama-Malcolm X photo mix-up — The Post took a beating in the blogosphere last week for running an online photo of Malcolm X over a caption for President Obama. Predictably, it prompted a flurry of Can't-Tell-the-Leader-of-the-Free- World ridicule.
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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:
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 …
Discussion:
Citizen Media Law Project
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 …
Editor and Publisher:
Out of Bankruptcy, ‘O.C. Register’ Parent Planning No Divestitures or Layoffs, COO Says — CHICAGO In the first town hall-style meeting with employees after emerging from bankruptcy, Freedom Communications executives said there are no plans to sell, break up or shrink the chain.
Bloomberg:
CBS Overpaid Moonves $28 Million, Says Study of CEO Pay — Kenneth Feinberg, the paymaster at companies rescued by the U.S. Treasury, recently cut cash compensation for executives at American International Group Inc. and General Motors Co. He said some companies are buying into his credo of pay tied to performance.
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