Top News:
Newsweek:
Washington Post Co. to Sell Newsweek — Chairman Donald E. Graham cites multi-year losses. ‘We are exploring all options to fix that problem,’ he said. — Newsweek Web Exclusive — The Washington Post Co. announced today that it has retained Allen & Company to explore the possible sale of NEWSWEEK magazine.
Discussion:
Washington Post, MarketWatch, Media Decoder, MediaMemo, Mediaite, The Atlantic Online, Felix Salmon, Romenesko, On Media's Blog, New York Observer, FishbowlNY, paidContent, Newsbroke, Epicenter, Crain's New York Business, Guardian, National Media, The New Republic, Media Buyer Planner, GalleyCat, Gawker, rbr.com, New York Magazine, Gothamist and Ben Smith's Blog
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John Koblin / New York Observer:
Meacham on Buying Newsweek: 'I'm Going to Take a Look at This' … Newsweek is up for sale, and Jon Meacham is going to explore the possibility of rounding up some bidders to buy the magazine himself. — “I believe this is an important American institution,” he said in an interview. “I just do.
Discussion:
The Biz Blog, New York Times, The Wire, Newsonomics, Romenesko, The Daily Beast, AdAge, Publishing Executive News, Wonkette, MediaPost, On Media's Blog, Media Money … and Gawker
Chris Rovzar / New York Magazine:
Can Jon Meacham Save Newsweek Now? — The news from this morning's Washington Post Company board meeting that Newsweek is being put up for sale is a public acknowledgment of a fact that has become increasingly apparent to everyone: The magazine is broken. Under Jon Meacham …
Discussion:
Guardian
Joe Pompeo / The Wire:
Jon Meacham On ‘The Daily Show’: It's Time To Flip The Switch From Print To Digital
Jeff Bercovici / DailyFinance:
‘Newsweek’ Is For Sale, But Buyer Will Be Hard to Find
Discussion:
The Wire
Peter Kafka / MediaMemo:
Time Inc. Publishes Good News: Ad Dollars, Subscription Revenue Up — Maybe the magazine business really did touch bottom last year. At least at Time Warner's giant Time Inc. unit: The publisher says ad revenue and subscription dollars actually increased in the first three months of 2010.
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Staci D. Kramer / paidContent:
Ad Recovery At Time Inc., Turner Helps Time Warner Beat Street
Discussion:
MediaPost
Daniel Lyons / Newsweek Blogs:
Apple vs. the Web: The Case for Staying Out of Steve Jobs's Walled Garden — Long before Apple even announced its new iPad, media companies were going nuts about the device, for two reasons. First, they believed they would be able to create apps that would be gorgeous and stunning …
Sharon Waxman / The Wrap:
Variety 2.0: Save the Good Stuff For Print — Variety appears to have settled on a strategy to change its declining fortunes, and all indications have been that in the age of online the trade is betting on print. — New evidence of this from Variety.com editor Chris Krewson's blog (which …
Discussion:
Chris Krewson
Bill Carter / Media Decoder:
Craig Kilborn to Return With a New Syndicated Show — Craig Kilborn, the original host of “The Daily Show” and then a late-night host for CBS in its 12:35 a.m. “Late Late Show” is about to return to television in a prospective syndicated show for 20 TV, the syndication arm of Fox's television stations.
David Kaplan / paidContent:
Irony Alert: Slate Group Claims Q1 Ad Revs Rose More Than 50 Percent — Not all of the Washington Post (NYSE: WPO) Company's publications are seeing a long list of declines: On the same day that its parent announced plans to sell struggling print Newsweek and Newsweek.com …
Stuart Elliott / Media Decoder:
Effort to Integrate Madison Avenue Turns to Super Sunday — A long-running attempt to bring more racial diversity to the advertising industry is shining a spotlight on the biggest day of the year for advertising — Super Bowl Sunday — in an effort to bring its arguments to life.
Discussion:
Media Buyer Planner
Guardian:
Will Lewis out at Telegraph Media Group — Editor in chief and digital managing director understood to have departed after disagreement with chief executive — Will Lewis has been pushed out of the Telegraph Media Group after a disagreement with chief executive Murdoch MacLennan …
Jack Loechner / MediaPost:
... Yet Without Information, We Are Nothing — A new study, conducted by the International Center for Media & the Public Agenda (ICMPA) and students at the Phillip Merrill College of Journalism, University of Maryland, “24 Hours: Unplugged,” asked 200 students at the College Park campus to give up all media for 24 hours.
Joe Flint / Los Angeles Times:
Media mogul launches Saban Brands — Media mogul Haim Saban wants to become a brand mogul, too. — Saban, who first earned a fortune with “Mighty Morphin Power Rangers” and now is chairman and chief executive of Saban Capital Group, which counts the powerful Spanish-language broadcast …
Discussion:
Media Decoder
Joanne McNeil / Nieman Journalism Lab:
Tracking memes on their native turf: Viral anthropology at ROFLcon — If ROFLcon isn't the world's largest gathering of Internet celebrities, it at least appears to have the highest concentration. In the audience was Matt Harding, who danced around the world in his series of videos, Where the Hell is Matt?
Discussion:
Tomorrow Museum
Steve Myers / Poynter Online:
PolitiFact Takes Lesson from Fast-Food Industry as it Franchises Fact Checking — When PolitiFact Editor Bill Adair went to Austin to train the people who would run PolitiFact Texas, the first state-level PolitiFact operation, he handed out the “Texas Truth-O-Meter Owner's Manual.”
David Kaplan / paidContent:
CBS Interactive Display Revs Rise 19 Percent — As CBS and the other broadcast nets head into the heart of the upfront season, the ad recovery appears to be gaining momentum. The company's revenues and profits were up by healthy amounts. But one of the clearest signs of a turnaround …
Bill Mitchell / Newspay:
Freelance Group Hopes to Become an “a la Carte News Service” — If you're freelancing these days by choice or by circumstance, there's a matchmaker looking for you in L.A. — The Journalism Shop, launched last summer by two former L.A. Times staffers as a service for former colleagues at the paper …
David Carr / Media Decoder:
Janet Malcolm on Journalism's Long Con … In the current issue of The New Yorker, Janet Malcolm takes on what she sees as a broken system of criminal justice in a story about the trial of a Queens doctor convicted of killing her husband, but as is often the case in her work, there is a baked-in critique of the craft of journalism.
Discussion:
Mind Matters
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