Mediagazer: High-octane coverage — The Huffington Post owns Gulf coverage … (Peter Kadzis/thephoenix.com)

‘Journal’ Responds to ‘Times’ Cease-and-Desist Letter: 'We're Within Our Rights' — The Journal has responded to The Times' cease-and-desist letter over the “Not Just Wall Street. Every Street” ad campaign. The Journal said, in words more bitter than this, essentially: Stuff it.

Discussion: paidContent, Gawker and Editors Weblog

Discussion: Romenesko and MEDIA BEESWAX

Brian Lam / Gizmodo:

At This Monday's Apple Keynote? Help Us Liveblog — It's no surprise: Apple has not responded to our requests to attend the WWDC keynote on Monday at 10am PST. But we'll still cover the news. Want to help? — If you're going to the keynote, and want to be a part of the exciting Apple coverage …

Discussion: The Next Web, Techland and Edible Apple

Erick Schonfeld / TechCrunch:

Yahoo Wants HuffPo Badly — Yahoo is clearly positioning itself to become a stronger player in the online content game, as evidenced by its recent acquisition of Associated Content. But we are hearing that the real prize they want is the Huffington Post. The two companies are currently …

Discussion: Beet.TV and The Huffington Post

Edmund Lee / AdAge:

Bradford: Demand Media Will Take Out AOL First, Yahoo Later — Sales Chief Says Content Created by Lots of Humans, Not Some ‘Crazy Robot’ — NEW YORK (AdAge.com) — Joanne Bradford, the newly minted chief revenue officer for Demand Media, seems to be drawn to seemingly insurmountable challenges.

New York Post:

Magazine is well red — The latest numbers on celebrity glossy OK! magazine appear to leave little doubt that it qualifies as the most expensive magazine launch in the history of American publishing — with total losses in the first four-plus years now totaling a staggering $175.7 million.

Discussion: FishbowlNY, mediabistro.com, Gawker, Romenesko, Press Gazette, New York Observer, The Wire and MediaWire Daily

Claudia Eller / Company Town:

Construction magnate Ron Tutor and troubled financier David Bergstein in exclusive talks for Miramax — Los Angeles construction magnate Ron Tutor and his embattled film financier partner, David Bergstein, are entering into exclusive negotiations with Walt Disney Co. to acquire Miramax Films.

Discussion: The Wrap, /Film, Hollywood Reporter and Thompson on Hollywood

New York Post:

Rachael Ray boils over mag cover story — Rachael Ray and her magazine, Every Day With Rachael Ray, are upset that Good Housekeeping put Ray on its July cover without her blessing. GH used quotes from Ray taken from previous interviews and used images by photographer Jim Wright that were outtakes …

Discussion: FishbowlNY, New York Magazine, TVWeek.com and The Huffington Post

Joe Pompeo / Silicon Alley Insider:

Time Inc.'s Former Digital News Chief, Vivek Shah, Acquires Ziff Davis — Ziff Davis, the parent company of digital technology pubs including PCMag.com, ExtremeTech and GearLog, has been acquired by Time Inc.'s former digital news chief, Vivek Shah, in a partnership with the Boston-based private equity firm Great Hill Partners.

Discussion: paidContent, Wall Street Journal, TechCrunch and Folio

Greg Bensinger / Bloomberg:

New York Times CEO Says Circulation Holding Up Against Wall Street Journal — New York Times Co. Chief Executive Officer Janet Robinson said the namesake newspaper is holding on to its circulation as the Wall Street Journal promotes its New York section and cuts advertising rates.

Discussion: Romenesko, The Wrap, New York Observer and New York Magazine

Bud Fox / Benzinga.com:

Viewers Tuning Out CNBC — Competition is heating up in the business news segment. The May Nielsen numbers suggest that CNBC's ratings are being squeezed by the likes of Fox Business Network. — The substantial stock market sell off in May, which was the worst in nearly 50 years, may also have contributed to lower numbers at CNBC.

Discussion: The Wire and Inside Cable News

Phil Bronstein / SFGate:

Can Fwix Fix Traditional Media? — Walking the alleyways of Chinatown, you can hear the clacking sounds of gambling tiles coming out of back windows. It's a pleasurable little sensory experience of the neighborhood culture. — If you wander the back streets of South Market …

Michael Calderone / Yahoo! News:

Wildlife photos vividly bring home impact of Gulf spill — Over the past 46 days, the media's captured a lot of images from the oil spill, from grainy, underwater video of oil gushing into the Gulf to President Obama arriving in the region. — But as the oil begins washing ashore photos …

Discussion: NPR's On the Media, Lens, The New Yorker Blog and Boing Boing

Andy Plesser / Beet.TV:

Next for Steve Jobs: Crushing Madison Avenue with the “iAd” and his Walled Garden of Apps — With Apple's booming sales from devices, software and digital content, Steve Jobs hasn't had to think much about advertising revenue. The consumer comes first (his mantra) and advertising must fit their experiences.

Erick Schonfeld / TechCrunch:

Screenshot Hints At YouTube “Live Stream” Option — YouTube has been dabbling with its own live streams for almost two years now. It's live streamed presidential speeches, healthcare debates, cricket matches, and a U2 concert. But so far it's stayed away from opening up live streaming to the general YouTube populace.

Discussion: MediaPost and Gizmodo

Steve Buttry / Pursuing the Complete Community …:

A peek behind the Civil Beat paywall in Honolulu — From the day that Pierre Omidyar announced plans for a digital news organization in Honolulu, I have been intrigued by the project. Here was one of the most successful digital entrepreneurs, venturing into the local news field …

Discussion: TBD

Rick Edmonds / The Biz Blog:

How New Philly Publisher Plans to Get ‘100 Percent More Audience’ — Technically Greg Osberg will not become publisher and CEO of Philadelphia Newspapers for another month to six weeks. But with final details of the sale agreement of April 28 falling into place, Osberg is charging ahead …

Peter Kadzis / thephoenix.com:

High-octane coverage — The Huffington Post owns Gulf coverage; plus, that Hitchens memoir — Despite admirable wall-to-wall coverage from the national mainstream press and unusually in-depth reports from network television and cable, the Huffington Post has emerged as perhaps the single best …

Discussion: Ben Smith's Blog and Romenesko

Amy Schatz / Wall Street Journal:

FCC Proposes Fine Against Fox TV Over ‘American Dad’ — WASHINGTON—The Federal Communications Commission proposed a $25,000 fine against Fox Television Stations Inc. Thursday for not providing information about an indecency complaint involving the animated TV show “American Dad.”

Discussion: Company Town