Mediagazer: JOURNOS' FAVORITE JUNKET (Patrick Gavin/The Politico)

10:05 PM ET, July 1, 2010

Top News:

Jeremy W. Peters / New York Times:

2 Suitors for Newsweek Are Said to Be Ruled Out — WITH a 5 p.m. Thursday deadline approaching for the final round of bids, at least two people were preparing to make offers for Newsweek while two others were told by the magazine's owners that their bids would not be considered.

Discussion: FishbowlNY, Romenesko, Wall Street Journal, Strupp, CNBC, New York Magazine, Tech Trader Daily, DailyFinance and Media Research Center

Joe Pompeo / The Wire:

Newsmax Media, Two Others Are Out Of The Running For Newsweek — A spokesman for Newsmax Media just sent us the following statement about the company's failed bid to buy Newsweek: — Newsmax Media made a serious bid to acquire Newsweek, which we believe is an extraordinary publishing property …

Discussion: Media Life Magazine, Folio, FishbowlNY, The Wrap and Romenesko

Joe Pompeo / The Wire:
Marc Lasry's Avenue Capital Is Among Newsweek Finalists …

Discussion: New York Post

Michael Calderone / Yahoo! News:

Study: Newspapers stopped describing waterboarding as ‘torture’ during Bush years — Is waterboarding torture? If you picked up a major U.S. newspaper before 2004, the answer would likely be ‘yes,’ according to a new Harvard University study. — But in the post-9/11 world …

Discussion: The Plum Line, FishbowlNY, Daily Kos, The Huffington Post, Romenesko, The Daily Dish, American Prospect and Salon

Andrew Sullivan / The Daily Dish:
The Legacy Media And Torture

Discussion: Romenesko, Chicago Reader, Mediaite, The Atlantic Wire, Media Matters for America, Gawker and Mother Jones

Jennifer Van Grove / Mashable!:

Groupon to Offer Exclusive Deals through Local Newspapers — The quickly growing deal-a-day site Groupon has entered in to a partnership with The McClatchy Company — owner of The Miami Herald, The Sacramento Bee and several other newspapers — to outsource exclusive Groupon deals to McClatchy websites in 28 U.S. markets.

Discussion: MarketWatch, paidContent, ReveNews and Old Media, New Tricks

BBC:

China's Xinhua launches global English TV channel — China's state news agency Xinhua has launched a 24-hour global news channel in English. — Officials said CNC World would present “an international vision with a China perspective”. — The launch is being seen as an attempt by China …

Discussion: Nieman Journalism Lab

Anton Troianovski / Wall Street Journal:

China Agency Nears Times Square — China's state news agency could soon be the newest Times Square neighbor of media giants Thomson Reuters and Conde Nast. — Xinhua, one of the Chinese government's main news outlets and propaganda arms, is finalizing a deal to move to the top floor …

Discussion: Gawker, Guardian, The Wire and Journalism.co.uk

Robert Andrews / paidContent:

UK Times Goes Tentatively Paid From Friday At £1-A-Month — We've covered every step in Times Newspapers' conversion to paid websites - the initial plan, the confirmation, the blocking of stories from search engines and the launch in May of the two new websites behind a registration wall on a free preview basis.

Discussion: Bloomberg, Media Week, Guardian, Company Town, magCulture.com/blog, Press Gazette, Jon Slattery, WebNewser and ResourceShelf

Will Richmond / VideoNuze:

Revision3 is Achieving Unaided Advertising Recall of Up to 99% — When Revision3, the independent network of online video programs, has surveyed its viewers, it has discovered that 99% of them are able to identify at least 1 of its advertisers. That incredibly high level of unaided recall …

Discussion: WebNewser

Rupal Parekh / AdAge:

Alex Bogusky Resigns From MDC Partners — Creative Legend to Focus on Projects Outside of Advertising and Marketing — NEW YORK (AdAge.com) — Advertising celebrity and MDC Partners' star employee Alex Bogusky has resigned from the holding company to pursue efforts outside the ad world.

Discussion: Media Decoder, Fast Company, Gawker and AdScam/The Horror!

Chris Ariens / TVNewser:

Anderson Cooper ‘Very Happy at CNN’ with ‘No Plans to Leave’ — Anderson Cooper, reporting from the Gulf, has taken the time to email his staff about an online story earlier this week which claimed he was unhappy at CNN and ready to bolt the network. From The Wrap:

Discussion: GalleyCat, Romenesko, Media Buyer Planner and MediaPost

Dylan Stableford / The Wrap:

L.A. Times Sells King Kong a Mock Editorial Wrap-Around Section — The L.A. Times is at it again, allowing an advertiser to overtake an editorial section. — On Thursday, the paper published a fake four-page wrap-around advertising section designed to look like the paper's LATEXTRA section, which was buried inside.

Discussion: LA Observed, Romenesko, Charles Apple, The Huffington Post, FishbowlNY and B2B Memes

Patrick Gavin / The Politico:

JOURNOS' FAVORITE JUNKET — There are plenty of perks to being a reporter: free notepads, the occasional expensed source lunch and that whole “front-row seat to history” thing. — But, for a privileged few, there's one bonus that beats all the rest: A week of drinking top shelf booze, free of charge.

Discussion: FishbowlDC

Meghan Keane / Capital New York:

Not even the internet could save ‘Party Down’ — Starz' mockucomedy may have been a niche product—New York magazine called it “TV's greatest-ever catering comedy”—and it was beloved around the web. The ratings, however, told a different story. — The second-season finale last Friday brought in only 74,000 viewers.

Discussion: Best Week Ever

Mike Fleming / Deadline.com:

Larry King Heading Into Bagel Biz; Will He Have To Answer To Nate N' Al? — When Larry King steps down from his CNN gig later this year, he'll need something to fill his downtime. Bagels will play a role. Just before he announced his exit, King closed a deal to become a financial partner …

Discussion: Mediaite, The Huffington Post and New York Magazine

Brian Stelter / Media Decoder:

Huckabee Trying Out a Daily Show for News Corp. — Mike Huckabee, the weekend Fox News Channel host and possible 2012 presidential candidate, is getting a six-week tryout as a daily talk show host. — Called “The Huckabee Show,” it will have a preview run on weekdays for six weeks …

Discussion: Romenesko, Ben Smith's Blog, TVNewsCheck, New York Magazine, The Huffington Post, TVNewser and Variety

Jason Horowitz / Washington Post:

Reporters lobby for votes to White House correspondents' board — Bloomberg reporter Hans Nichols used his time in the White House briefing room before press secretary Robert Gibbs's Tuesday afternoon spin session to do some politicking of his own. — “The basic issue for me is access,” …

Discussion: Romenesko, Gawker and Ben Smith's Blog

David Zurawik / Z on TV:

Spitzer, King: Why changes at CNN matter so much — I had been questioning myself in recent days as to whether or not I was making too much out of the Eliot Spitzer hiring at CNN. Last night, as I was writing about Larry King stepping down, I decided I was not.

Robin Wauters / TechCrunch:

Paper.li Lets You Read Twitter In Daily Newspaper Form, Raises More Funding — Exclusive - SmallRivers, a fledging Internet startup based out of Switzerland that has developed a Web app called Paper.li that basically lets you turn Twitter streams, tags and lists into daily online newspapers …

Discussion: ReadWriteWeb and WebNewser

Matt / WordPress.com News:

Phone Your Blog — A broken telephone I saw while wandering around Bangkok — It's happened to all of us. The night starts off innocently enough with a little gin and tonic, maybe a mojito, then next thing you know you're doing tequila shots with the bartender and the girl from Brazil …

Discussion: VentureBeat and The Next Web