Top News:
Michael Calderone / Yahoo! News:
Newsmax Media bidding to buy Newsweek — It's been almost a month since the Washington Post Co. put Newsweek on the market, and by 5 p.m. today the initial bids are due. Despite skepticism over whether there will be bidders, Yahoo! News can confirm there's at least one: Newsmax Media.
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Lee Siegel / New York Observer:
News-bleak! Or Is It? Grahams Succumb to Panic — One of the more remarkable features of our current cultural moment is that otherwise mature adults have been spooked by economics the way children are frightened by thunder. Consider the way the Washington Post Co. has handled Newsweek …
Keith J. Kelly / New York Post:
Handicapping the Newsweek mag sweepstakes — The field looks fairly light as the deadline for first-round “letters of interest” comes due today for Newsweek. — The weekly magazine lost $28.3 million last year, but cut red ink down to $2.3 million in the first quarter …
Robert Andrews / paidContent:UK:
iPad News Figs: UK's Times Sold 5,000, FT Shifted 130,000, WSJ 10,000 Subs — The Times' iPad edition, which went on sale along with the tablet's UK debut Friday morning, sold 5,000 copies in three days, News Corp.'s CEO Rupert Murdoch told AllThingsD's D8 conference Tuesday …
Discussion:
TheAustralian, CJR, National Media, ReadWriteWeb, Silicon Alley Insider, eMedia Vitals and mobile-ent.biz
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Staci D. Kramer / paidContent:
@ D8: Murdoch: 'What's An iPod Without Music?'
Discussion:
Poynter Online
John Koblin / New York Observer:
More on M.I.A., The Times and Truffle-Gate — It's been nearly a week since Lynn Hirschberg's M.I.A. profile was posted to The Times' Web site, and the Truffle Kerfuffle continues. — Over Memorial Day Weekend, M.I.A. posted two audio recordings from her interview with The Times that she—eep!—secretly taped.
Gina Chen / Nieman Journalism Lab:
Step aside, brand loyalty; we're loyal to information now — The Pew Research Center released an interesting study last week that offers some sobering — if unsurprising — insights for the news business. — Researchers examined top news stories in the mainstream press as well as what news got traction on blogs, Twitter and YouTube.
Discussion:
AdPulp
Brian Stelter / Media Decoder:
Scannell Takes Over at BBC America — The former Nickelodeon president Herb Scannell is taking over U.S. operations for the British Broadcasting Corporation. — Currently the chief executive of the digital media studio Next New Networks, Mr. Scannell has been appointed the president …
Discussion:
New York Times, Company Town, Deadline.com, AdAge, paidContent:UK, Multichannel, TVWeek.com, Guardian and TheWrap.com
Laura McGann / Nieman Journalism Lab:
Steve Jobs: If your app does not fit, you must resubmit — Last night, Apple CEO Steve Jobs spoke at All Things Digital's D8 conference, where among other topics he discussed the touchy matter of apps being rejected from the iTunes store for political content.
Peter Kafka / MediaMemo:
Exclusive: Google Buys Invite Media — Google has indeed bought ad technology start-up Invite Media, I've confirmed with multiple sources. — As I wrote last month, Invite is a three-year-old “demand-side platform” designed to help buyers navigate high-volume display-advertising exchanges-like the one Google launched last year.
Discussion:
MediaPost, ClickZ, Search Engine Land, Mashable!, Fortune, VentureBeat, paidContent, TechCrunch, The Next Web and Silicon Alley Insider
Adam Ostrow / Mashable!:
AP Stylebook Adds 42 New Guidelines for Social Media — The AP Stylebook has released its new social media guidelines, including the official change from “Web site” to “website” (a move first reported back in April) and 41 other definitions, use cases and rules that journalists should follow.
John Koblin / New York Observer:
David ‘Mr. Paywall’ Remnick Defends His Turf — If you're an editor these days, grab a soapbox and talk about a paywall. — Last month, Guardian editor Alan Rusbridger hit New York and went on Charlie Rose to talk about what a tragedy it would be for editors to charge readers for content.
Sharon Waxman / The Wrap:
Steve Jobs on Letting Gizmodo's Leak Slide: 'I'd Rather Quit' — Apple CEO Steve Jobs gave a ringing defense of journalism, while explaining that he couldn't let Gizmodo's leak of the company's new iPhone go, in a rare interview on Tuesday. — “I'd rather quit,” he said he told colleagues …
Claire Atkinson / Washington Post:
NBC boss eyes $30M+ exit deal from Comcast — General Electric has finalized details of Jeff Zucker's exit deal from NBC Universal, according to sources familiar with the situation. — Zucker will leave “a couple of months” after Comcast Corp. closes its agreement to acquire a 51 percent stake …
Brian Stelter / New York Times:
Videos Carry On the Fight Over Sea Raid — When Israeli commandos attacked the so-called Freedom Flotilla, both sides were well armed — with video cameras — and both sides have released a blizzard of video clips as evidence that the other side was the aggressor in the conflict on Monday, which left nine activists dead.
Discussion:
The Lede, Guardian, Crikey, www.thetakeaway.org, NYConvergence, The Huffington Post, Richard Prince's Journal-isms and NewTeeVee
David Amerland / Journalism.co.uk:
Paywalls protect news organisations' bottom lines not journalistic integrity or quality — Journalist and search engine optimisation (SEO) specialist David Amerland on why paywalls could be a threat to and not the saviour of quality journalism: — If we take the view …
News Corporation:
WSJ.com Launches “Opinion Journal Live” — Daily Live Show Features Commentary From The Wall Street Journal Editorial Page — The Wall Street Journal continues to expand its live video offerings with the launch of Opinion Journal Live — a daily online broadcast, providing commentary …
Andrew Malcolm / Top of the Ticket:
Obama's FTC plan to reinvent America's news media — What's widely-known is that Americans are not buying newspapers anymore in droves. — What hasn't been widely-known, until now, is that a year ago the new Democrat administration of Barack Obama launched a major internal study intended …
Mike Reynolds / Multichannel:
Bravo Media Boosts Berwick To President — Executive Rewarded For Net's Rise In Ratings, Original Productions, Improved Financials — NBC Universal has promoted Frances Berwick to president of Bravo Media. — Bravo has seen its ratings and original programming output climb significantly under Berwick's watch.
Newsdesk / Tower Ticker:
Brandon Copple, Crain's managing editor, to leave for Groupon — UPDATED 6/2 — Brandon Copple, who has been managing editor of Crain's Chicago Business since 2005, is leaving for a similar role at Groupon.com, the fast-growing social networking site that offers users daily discounts to businesses in their area since November 2008.
Discussion:
Local Onliner
Brian Womack / Bloomberg:
Facebook Sees Fourfold Jump in Number of Advertisers Since 2009 — Facebook Inc., owner of the world's largest social-networking site, said its advertisers have more than quadrupled since the start of 2009 as marketers aim to get their products before a growing global audience.
Megan Garber / Nieman Journalism Lab:
The art of the (public) cover letter: Journal Register staff apply for ideaLab spots via blog comments — After last week's successful completion of the Journal Register Company's Ben Franklin Project, CEO John Paton was looking for a new project that would keep the momentum of innovation going for the beleaguered newspaper network.
Evgenia Peretz / Vanity Fair:
Something About Sally — Sally Quinn hit the nation's capital in 1969, becoming one of The Washington Post's most glamorous stars; sweeping Ben Bradlee, its legendary (and married) editor, off his feet; conquering Georgetown society—and making serious enemies along the way.
Discussion:
National Media, Gawker, Washington Post, New York Magazine, The Awl, New York Observer, Strupp and Wonkette
Brian Stelter / Media Decoder:
In May, Lower Ratings for Larry King — In May “Larry King Live” scored its lowest monthly viewer total in at least 20 years. — According to Nielsen data, the struggling CNN talk show had an average of 653,000 viewers each night in May, its lowest average since the data started being electronically stored in the late 1980s.
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