Mediagazer: Evening Standard Limited reports £28m loss (Media Week)

1:05 PM ET, July 6, 2010

Top News:

Andrew Golis / Yahoo! News:

Introducing The Upshot — Welcome! Thanks for stopping by. — So what the heck is The Upshot? Eight people, six reporters and two editors, working each day to tell you what's happening in the world with short bursts of reporting and analysis. — Our goal is to be blunt narrators …

Joe Pompeo / The Wire: Yahoo! News Blog ‘The Upshot’ …

Jeremy W. Peters / New York Times:
At Yahoo, Using Queries to Steer News Coverage

Discussion: WebNewser, Romenesko, eMedia Vitals, Beyond Search, Technologizer, Trends in the Living Networks, Softpedia News, Search Engine Land, ResourceShelf, Go Rumors and New York Observer

MG Siegler / TechCrunch:

Woot To The AP: Nice Story About Our Sale — You Now Owe Us $17.50 — Gotta love those guys at Woot. They just sold to Amazon for $110 million, but that's not stopping them from calling anyone out as they see fit. In this case, we particularly love it because they're calling out the AP …

Discussion: Lost Remote, Associated Press, Woot!, mediabistro.com, Terry Heaton's PoMo Blog, Techdirt, State of the Fourth Estate, eMedia Vitals and Andy Beal's Marketing Pilgrim

Wall Street Journal:

MySpace Ads Up for Grabs — News Corp. is in discussions with Google Inc., Microsoft Corp. and Yahoo Inc. about replacing MySpace's crucial search-advertising partnership with Google, which expires next month, according to people familiar with the matter. — Under the existing deal …

Discussion: MediaPost, Reuters, Andy Beal's Marketing Pilgrim, Company Town, Pulse2, Softpedia News and TheStreet.com, more at Techmeme »

Michael Arrington / TechCrunch:

Wall Street Journal Throws A Softball To MySpace — I'm sort of scratching my head at the Wall Street Journal's article (mostly behind a paywall) that MySpace is in negotiations over some kind of new search advertising deal. — “News Corp. is in discussions with Google Inc. …

Discussion: Silicon Alley Insider and MediaPost

Joe Pompeo / The Wire:

Former Wired Blogger Alexis Madrigal Is Heading Up The Atlantic's New Tech Channel — Last month, Alexis Madrigal, who had been helming Wired.com's science blog, announced in a post that he was leaving to work for The Atlantic. — Today, the magazine announced that Madrigal has joined …

Discussion: New York Observer

New York Post:

Pleasant valley — THIS year's Sun Valley retreat, the annual gathering of movers and shakers that includes media moguls, tech titans, politicians and sports stars, is expected to be a much frothier affair than it was last year. — The Post spoke to several senior entertainment execs …

Discussion: Hollywood Reporter

Georg Szalai / Hollywood Reporter:

Moguls gearing up for Sun Valley confab — Moonves, Dauman, Freston among those expected to attend — SUN VALLEY, Idaho — Industry power players are getting ready for the annual post-July 4 tradition known as summer camp for moguls. — Several hundred media and tech execs, financial types …

Discussion: Wall Street Journal

Brian Stelter / New York Times:

Onion News Network's ‘Future: News From the Year 2137’ — A warning to all the people who bemoan the shoddy and salacious state of cable news: The Onion thinks it's only going to get worse. — For three years The Onion has been spoofing Fox News, CNN and MSNBC with its Onion News Network …

Discussion: Mediaite, Romenesko and eMedia Vitals

Roy Greenslade / Guardian:

Johnston: we didn't invest enough — A Johnston Press executive has admitted what some of us have known, and said, for years. Its cutbacks have been too close to the bone and the company expanded unwisely. — Or, to quote the exact words of Michael Johnston, managing director of JP's Scottish division …

Discussion: Press Gazette

Helen Lambourne / Holdthefrontpage.co.uk:
‘Pay journalists better’ says committee report

Discussion: Jon Slattery

Sharon Waxman / The Wrap:

Exclusive: Relativity + Netflix Stream Pact Pushes Pay TV — In a deal that may change the landscape of pay television deals, Relativity Media and Netflix are gearing up to announce an alliance in which the online streaming service will exclusively release Relativity movies in what would otherwise …

Discussion: Ars Technica, MediaMemo, Deadline.com, /Film, Fast Company, VentureBeat, paidContent, NewTeeVee, Online Video News, Go Rumors, FierceIPTV and DSLreports, more at Techmeme »

Washington Post:

Tom Shales: Larry King's exit marks the end of a gentlemanly era in TV talk — No More Mr. Nice Guys. Such is the prognosis for the post-King world — Larry King, of course, who has had a rocky year in the ratings and who recently announced his retirement from the flagship talk show he hosts on CNN.

Discussion: TVNewser, Romenesko, The Politico and Chickaboomer

Gail Shister / TVNewser:
CNN's Reinvention: 'I just hope they don't go for some young, hip, king of snark'

Discussion: Mediaite

David Whelan / The Biz Blog:

EXCLUSIVE: Rolling Stone Writer Who Brought Down a General Gets a Big Book Deal — Michael Hastings, the Rolling Stone writer whose story on General Stanley McChrystal became the biggest news in Washington for a week, has scored a major book deal Forbes has learned.

Discussion: Romenesko and Yahoo! News

Decca Aitkenhead / Guardian:

Clay Shirky: ‘Times paywall will fail’ — The internet guru on the death of newspapers, why paywall will fail and how the internet has brought out our creativity - and generosity — If you are reading this article on a printed copy of the Guardian, what you have in your hand will …

Discussion: Editors Weblog, New York Observer, TeleRead and The Staggers

Robin Wauters / TechCrunch:

TweetUp Buys Android Twitter Client Twidroid And News Aggregator Popurls — Twitter search and advertising platform operator TweetUp this morning announced that it had acquired Twidroid, creator of the popular Twitter client for Android phones. The new owner will rename the app Twidroyd …

Discussion: paidContent, Business Wire, ReadWriteWeb and The Next Web, more at Techmeme »

Laura Oliver / Journalism.co.uk:

Census charts the world's journalism education programmes — There are currently 2,338 journalism education programmes in the world, according to census figures released today. — The stats from the World Journalism Education Census, visualised using Many Eyes, suggest that 29.56 per cent …

Discussion: Editors Weblog

Media Week:

Evening Standard Limited reports £28m loss — Evening Standard Limited, the shell company set up by Alexander Lebedev to buy the London Evening Standard, lost £28.3m in its first 10 months of operation, according to accounts filed at Companies House. — Evening Standard: aims for profitability by 2012

Discussion: Press Gazette and MEDIA BEESWAX

Jemima Kiss / Guardian:

Trust endorses 25% budget cut to BBC online services — Trust insists that likely £30m reduction would be ‘carefully targeted’ to allow growth in less commercially viable areas — The BBC Trust today endorsed a 25% budget cut to the BBC's online services as part of wider cost savings across …

Discussion: paidContent, Press Gazette and Variety