Mediagazer: Reinvent Your Business Now, Papers Told (Kathy Haley/NetNewsCheck Latest)

3:50 AM ET, May 30, 2010

Top News:

Jeff Jarvis / BuzzMachine:

FTC protects journalism's past — The Federal Trade Commission has been nosing around how to save journalism and in its just-posted “staff discussion draft” on “potential policy recommendations to support the reinvention of journalism,” it makes its bias clear: The FTC defines journalism …

Alexander Howard / The Huffington Post:

FTC Considers Publishing Public Data Online to Support the Future of Journalism — The Federal Trade Commission released a discussion draft of policy recommendations to address the crisis in the newspaper industry and its relationship to the future of journalism. It's embedded below or can be downloaded as PDF.

Nick Bilton / Bits:

One on One: Brian Lam of Gizmodo.com — It was just last month that Gizmodo.com, the gadget blog, published images of the next-generation iPhone that led to a chain of events that sound more like a soap opera than a gadget story. Since then, Gizmodo has been catapulted into the mainstream media …

Liz Gannes / GigaOM:

Digg Wants to Be the Twitter of News — Digg founder Kevin Rose is close to his first major launch since taking over as CEO and instituting layoffs. He published a video today on his personal YouTube account laying out the site's upcoming version 4 release, due “very soon” (found via TechCrunch).

Discussion: TechCrunch, The Next Web, Soaring on a Pig … and Scripting News

BabyBarista:

Welcome to the re-launch of BabyBarista - keeping it free of charge! — I have today withdrawn the BabyBarista Blog from The Times in reaction to their plans to hide it away behind a paywall along with their other content. Now don't get me wrong. I have absolutely no problem with the decision to start charging.

Discussion: The Barrister Blog

A Cpj / Committee to Protect Journalists:

In Zimbabwe, Daily News is on the way back — Zimbabwe's beleaguered independent media won a major victory when an official commission granted publishing licenses to four daily newspapers, including The Daily News, the nation's leading paper before it was outlawed seven years ago.

Kathy Haley / NetNewsCheck Latest:

Reinvent Your Business Now, Papers Told — The question for newspaper executives is not whether to erect an online paywall, says advertising industry veteran and media consultant Barbara Cohen. The question is how to restructure the way they think about their businesses, from top to bottom …

Kenneth Li / Financial Times:

How Jeff Bewkes is reinventing Time Warner — Media executives thrive on high-wattage company - Hollywood celebrities, publishing legends, fellow tycoons. The tycoons, at least, were in abundance last summer at the annual retreat sponsored by boutique investment bank Allen & Co in Sun Valley …

Claire Atkinson / New York Post:

Apple probe grows — The Justice Dept.'s probe into Apple is expanding to include how the iPhone and iPad maker does business with media outfits in areas beyond music, The Post has learned. — According to several sources, the Justice Dept. has contacted a handful of the country's biggest media …

Discussion: CNET News

Mark S. Luckie / 10,000 Words:

How I created an award-winning, multi-platform, multimedia project — It was recently announced that my project, Guide to the U.S. Senate Floor Procedures, was one of the winners of Sunlight Labs' Design for America contest. In the spirit of openness and transparency that this blog is founded on …

Jim Romenesko / Romenesko:

Newsmax owner, Ritchie Capital Management CEO eye Newsweek — Thane Ritchie, who tried to buy Sun-Times Media Group last year, says he'd make any offer for Newsweek personally, not on his firm's behalf. Greg Bensinger reports the magazine lost $2.3 million in the first quarter as revenue slid 31 percent to $29.4 million.

Discussion: Wall Street Journal and Bloomberg