Mediagazer: The Pitfalls of “Cooperative” News (Michael Miner/Chicago Reader)

David W. Martin / Mac|Life:

Apple Reveals New Service for Authors to Sell Their Books Directly in the iBookstore — Are you a budding author? The next Stephen King? Or an author currently looking to cut out the middle man as you rollout your own books? It looks like your time has come — Apple has released information on self-publishing for the iBookstore!

Discussion: Ars Technica, Kindle Review, Fast Company, Podcasting News and MacRumors

Laura Sydell / NPR:

Website Editors Strive To Rein In Nasty Comments … It's easy to lose your temper on the Internet. Anyone who reads — or writes — comments on blogs and news sites knows that the conversation can quickly stray from civil discourse to scathing personal attacks.

David Kaplan / paidContent:

New Newsweek.com Emphasizes Minimalism; Paid iPad App Next Week — As the Washington Post Co. (NYSE: WPO) tries to find a buyer for its struggling Newsweek, the magazine has revamped its website with a somewhat lighter look. In a note to users, Mark Miller, Newsweek Digital's editor …

Discussion: mediabistro.com, Editors Weblog, Silicon Alley Insider, Romenesko, FishbowlNY, New York Observer, Lost Remote, The Wire and Newsweek

Zeke Turner / New York Observer:

At Rush's Going Away Party, Molloy Dishes on Gossip: 'It's Class War!' — “We are not waiting in line. We are conducting journalism here,” said George Rush to a young man making his way to the bathroom last night. — Mr. Rush was standing at the back of the Irish bar McGarry's on 9th Avenue …

Frank DiGiacomo to Take Over Daily News Gossip Column — Vanity Fair contributing editor and former “Page Six” helmer Frank DiGiacomo will return to his tabloid past this summer. He's headed to the New York Daily News to take over the “Gatecrasher” column from able young scribe Amanda Sidman …

Dan Primack / PE Hub Blog:

Exclusive: Forbes Gets Into Capital-Raising Business — The Forbes brand has always been associated with financial services, but almost always from the media bleachers. Until now. — peHUB has learned that a new effort called Forbes Private Capital Group recently launched …

Discussion: Talking Biz News and The Wire

Michael Miner / Chicago Reader:

The Pitfalls of “Cooperative” News — San Francisco's new Bay Citizen pitches a controversial plan. Plus: what it can learn from the Chicago News Co-op. — The Bay Citizen opens for business this week in San Francisco, and there are two big reasons the news industry is paying attention.

Discussion: eMedia Vitals and MEDIA BEESWAX

Jon Gilkison / interfacelab:

Is This Really The Future of Magazines or Why Didn't They Just Use HTML 5? — I just downloaded the Wired iPad application, and like most iPad applications (and most magazines for that matter), I found myself bored with it within the first 20 minutes. I'm sure the content is engaging …

Discussion: Media Decoder, Nxtblog, PC World and paidContent

Discussion: Mashable!, Folio, Epicenter, Mobile Media, BRANDING UNBOUND and The Next Web

Joshua Topolsky / Engadget:

The next Apple TV revealed: cloud storage and iPhone OS on tap... and a $99 price tag — If you thought that Apple's foray into the world of home entertainment died with the last iteration of the Apple TV, you're quite wrong. A tip we've received — which has been confirmed by a source …

Discussion: WebNewser, Silicon Alley Insider, TUAW, TechCrunch, MacRumors and Gizmodo

Lucia Moses / Mediaweek:

Time Inc. Dives Deeper Into iPad Revolution — Time Inc. revealed it would develop iPad apps for seven more of its brands this year, including a series of paid apps from lifestyle magazine Real Simple. — Speaking May 27 during a Time Warner investor day, Time Inc. chairman …

Discussion: Folio, The Wire and FishbowlNY

Felix Salmon:

News consumers, paywalls, and useless tourists — John Gapper returns to the subject of newspaper paywalls today, saying that in the UK, Rupert Murdoch's Times will have to appeal to a narrow elite if it is to succeed online — something Murdoch has never been comfortable doing.

Discussion: Mother Jones, Recovering Journalist, CJR, Financial Times and Guardian

Colby Hall / Mediaite:

When Local News Goes Awry: Reporter And PR Person Battle Over Touching — Dan Noyes is not only a local reporter for the ABC Bay Area affiliate, KGO-TV, but his tenacious style of local journalism is about to make him a rising star in the world of viral video.

Discussion: mediabistro.com, Gawker, Breitbart.tv and The Huffington Post

Joe Pompeo / The Wire:

Forbes Firings Will Be ‘Ruthless’ — UPDATE: One Forbes staffer tells us: “The attitude now is that you're an idiot if you're not looking for another job.” — A few weeks ago, we reported that Forbes staffers were bracing for another big shakeup, this time with layoffs coming to higher-ups …

Discussion: WWD

Marc Fest / Knight Foundation:

Knight Foundation Strengthens Focus on Assessment and Impact — Director of Strategic Assessment and Assistant to the President — MIAMI - The John S. and James L. Knight Foundation has promoted Mayur Patel to serve as assistant to the foundation's president, Alberto Ibargüen.

Discussion: KnightBlog

Emily Smoucha / Columbia Missourian:

MU School of Journalism to change curriculum this fall — COLUMBIA — The MU School of Journalism is about to revamp its undergraduate program. — Faculty members of the school's curriculum committee have completely restructured the program to tailor classes to students' specific interests.

Marni Cordell / newmatilda.com:

Curtains For Newmatilda.com — It's with heavy hearts that we announce the end of newmatilda.com: the site will cease publishing on Friday, 25 June. — What's brought us to this? The short answer is: we've run out of money. — It probably won't surprise you to learn that newmatilda.com has never operated on a profit.

Discussion: ABC News and mUmBRELLA

Nielsen Wire:

“Glee” and the Rolling Stones Lead Surge of Digital and Indie Retail Music Sales — Following its season premier in April, the music-themed TV show “Glee” saw track downloads from its four compilations jump from 50-350K in the first week. The show's latest “Showstoppers” …

Discussion: Mashable! and MediaPost

Claire Atkinson / New York Post:

Slap for Apple — Adobe's Flash video software has become a flashpoint in negotiations between Apple CEO Steve Jobs and Big Media. — On a day when Apple execs probably cheered the fact the company had surpassed Microsoft as the world's most valuable tech company, Jobs was grappling …

Discussion: ReadWriteWeb, CNET News, Shelly Palmer, eMedia Vitals, Mashable!, Engadget, WebNewser, Media Buyer Planner, The Daily Caller, MacRumors and Gizmodo

Laurie Sullivan / MediaPost:

Yahoo Builds Pullover Ad Unit For Macy's, Garners Higher CPM — Macy's tapped Yahoo this week to recreate its offline Memorial Day sales circular into a Smart Ad-powered pullover ad unit in Yahoo Mail, becoming the first retailer to run the advertisement. — Yahoo worked with Pointroll …