Mediagazer: Networks banking on World Cup (Paul J. Gough/Hollywood Reporter)

10:35 AM ET, May 7, 2010

Top News:

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 …

Discussion: CNBC, TechCrunch, Felix Salmon, Inside Cable News, TVNewser, VentureBeat and Talking Biz News

Joe Weisenthal / The Wire:
THE MOST EXCITING MOMENT IN CNBC HISTORY: Jim Cramer Saves The Market

Discussion: Silicon Alley Insider, Wonkette, Hot Air and Newsbroke

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.

Discussion: MediaMemo, Lost Remote, TechCrunch, Mashable!, Screenwerk, VentureBeat, Andy Beal's Marketing Pilgrim, GigaOM, Inside Facebook, Fast Company and the Econsultancy blog

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.

Discussion: Mediaite, Romenesko, Rex Hammock's RexBlog.com, Big Journalism, CNN, Hot Air and Random Mumblings

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: FishbowlDC, Gawker and Romenesko

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: Tuned In, Newser, Most Recent Home Page Posts …, Mediaite and New York Observer

Stephanie Clifford / New York Times:
Newsweek on Block as Era of the Newsweekly Fades

Discussion: Folio, The New Yorker Blog, FishbowlNY, The Big Money, Media Research Center, Free Press, eMedia Vitals and The Future of Capitalism

Michael Miner / Chicago Reader:

The Sun-Times Preserves its Photo Archive by Selling It — Is the Sun-Times selling off its heritage at garage sale prices? The other day eBay put up for auction an item from the paper's archives described as “Original Photo 1913 Thomas Edison Family NICE!!!” Bidding started at $10 and ended four days later at $27.

Discussion: eMedia Vitals, Romenesko and Fitz & Jen

Jason Chupick / PRNewser:

The FCC's Embedded Journalist Is Really a Spokesman — On Monday night the Federal Communications Commission's (FCC) senior advisor to the chairman Steve Waldman tried out the agency's “Reboot” message on a tough crowd: regulation averse digerati from Silicon Alley.

Discussion: TVNewser, WebNewser and UnBeige

Jesse Fruhwirth / Salt Lake City Weekly …:

Chronicle staff investigated for “PENIS” gag — FIRE, the Foundation for Individual Rights in Education, in conjunction with the Student Press Law Center, have written a letter to university administration in support of the Chrony 9. “These actions are unacceptable,” they write.

Discussion: splc.org, Deseret News and Charles Apple

Paul J. Gough / Hollywood Reporter:

Networks banking on World Cup — Soccer tourney begins June 11 in South Africa — As the World Cup ads say, one game changes everything. — ESPN is counting on that maxim to justify its biggest marketing blitz to date for a single event, designed to position the sports nicher …

Mary Elizabeth Williams / Salon:

The horror of NPR's copycat story — Did a “Morning Edition” segment lift its ideas from a satirical viral video? — On Wednesday, NPR's “Morning Edition” correspondent Beth Accomando did a humorous segment on a modern-day horror movie cliché called “The Cell Phone Always Dies First.”

Andrew Edgecliffe-Johnson / Financial Times:

ProPublica chief aims to make a splash — When ProPublica, a non-profit investigative journalism start-up, was named among the Pulitzer prize winners last month, its acceptance by the editorial elite symbolised just how much online news operations are shaking up the US news establishment.

Discussion: Journalism.co.uk

Todd Spangler / Multichannel:

Harmonic To Acquire Omneon For $274 Million — Deal Would Combine Harmonic's Video Encoding With Omneon's Video Production Systems — Video-encoding vendor Harmonic announced a definitive agreement to acquire privately held Omneon, a provider of video-production and playout gear …

Discussion: NewTeeVee, Broadcasting & Cable and TechCrunch

blogs.abcnews.com:

Four Journalists Banned From Gitmo Coverage for Outing an Interrogator — The Pentagon has barred four reporters from further reporting of the military commission proceedings at the detention facility at Guantanamo Bay because they published articles identifying a witness whose identity …

Discussion: The Washington Independent

Today's Zaman Mobile Edition:

Al-Jazeera considering Turkish broadcast — Given the importance of Turkey for the Arab world, Al-Jazeera is giving serious thought to beginning Turkish-language broadcasts, Qatari Minister of Culture, Arts and Heritage Hamad Bin Abdulaziz al-Kawari has said.

Ryan Lawler / NewTeeVee:

Is Brightcove the Next Flash? — It was just a few years ago that Adobe's Flash revolutionized video publishing by enabling media companies to reach a vast number of consumers with a plugin that ensured a consistent rich media experience across multiple operating systems and browsers.

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.”