Mediagazer: Why the wisdom of crowds is bunk and what Web 3.0 really is. (Drew/Fark.com)

4:20 PM ET, July 7, 2010

Top News:

Peter Kafka / MediaMemo:

Time Magazine Walls Off Its Web Site: Will You Pay Up? — Want to read the cover story of this week's Time magazine? Whip out your wallet: You can only get all of Steve Brill's piece on lobbying and financial reform via Time's print edition or its new iPad app.

Discussion: paidContent, The Wrap, Audience Development, The Wire, Media Buyer Planner, Techdirt, Guardian, Nieman Journalism Lab and Time, more at Techmeme »

Peter Kafka / MediaMemo:

Time Inc.'s Web Paywall, Explained — Quick follow up to the Time magazine paywall story. Here's Time Inc. spokeswoman Dawn Bridges explaining the publisher's policy-it will be title by title, but you'll be seeing more walls in the future: … So there you go. — Two quick notes:

Discussion: Nieman Journalism Lab, Romenesko, New York Magazine and DailyFinance

Jeremy W. Peters / Media Decoder:

Huffington Post Buys Pollster — The Huffington Post is venturing into the wonky but increasingly popular territory of opinion poll analysis, purchasing Pollster.com, a widely respected aggregator of poll data that has been a major draw for the website of the National Journal.

Discussion: paidContent, The Wrap and Pollster.com All Content

Joe Flint / Company Town:

Allen & Co. summer camp mogulfest gets underway — For most people, going to the same place every summer for almost 30 years would get a little boring. — But moguls are not most people and once again the industry's top executives are gathering in Sun Valley, Idaho for investment bank …

Discussion: MediaFile, Romenesko, All Things Digital, The Huffington Post and Silicon Alley Insider

Khan Manka, Jr.:
Dawn Of The Mogul - Sun Valley 2010 - Day 2

Discussion: Wall Street Journal

Bloomberg:
Moguls' Sun Valley Summer Camp to Focus on Web, Not Mega-Deals

Discussion: Digits, Idaho Mountain Express … and DealBook

Jemima Kiss / Guardian:

Digital journalism: More work, more pressure but more opportunity — Longer hours, more pressure, decreasing quality and less enjoyable work. Old media is a dark, dark place for journalism - at least that's the mood of many of the journalists who were interviewed for the annual Oriella digital journalism study.

Discussion: Breaking Media, Journalism.co.uk, Editors Weblog and Kirk LaPointe's …

Dylan Stableford / The Wrap:

Content ‘Farms’: Killing Journalism — While Making a Killing — If you ask most working journalists what they think about Associated Content, Demand Media or AOL's Seed, you may hear a scoffing sound. — After all, these sites, while providing some people with work, produce high-volume …

Discussion: Romenesko, Reinventing the Newsroom, Media Gleaner, Editors Weblog, Gannett Blog, eMedia Vitals and New York Times

Caroline McCarthy / The Social:

Will blog posts get stamps of quality? — Walk through the produce aisles of any grocery store and on the outsides of avocados, pomegranates, mushrooms, and just about everything else you'll see an astonishing number of stickers and labels advertising various kinds of quality standards …

Mike Shields / Mediaweek: Council to Counter Web Content Generators' Growing Clout?

Tim Partridge / YouTube Blog:

Life in a Day — Every day, 6.7 billion people view the world through their own unique lens. Imagine if there was a way to collect all of these perspectives, to aggregate and mold them into the cohesive story of a single day on earth. — Today, we're excited to announce the launch of …

Discussion: Los Angeles Times, VentureBeat, Variety, Online Video News, Cinematical, PopWatch, New Media Age, Pulse2, /Film, The Playlist, SocialTimes.com, NewTeeVee, The Next Web and Guardian, more at Techmeme »

Sarah Boesveld / Globe and Mail:
YouTube, Ridley Scott embark on global film experiment

Discussion: Hollywood Reporter, USA Today, Speakeasy, Awards Daily's Oscar Countdown, Mashable! and NEWS.com.au

Jim / Gannett Blog:

Gannett confirms comment moderation switch — The company started outsourcing a key part of online comment moderation late last week, the Hattiesburg American disclosed today, confirming a Gannett Blog reader's report two weeks ago. — The Mississippi newspaper's note to readers follows …

Discussion: Romenesko

Lynne Marek / Chicago Business:

Tribune Co. gets into consulting business with digital unit — (Crain's) — Tribune Co. is starting a new consulting business in its digital department, allowing the newspaper company to sell its social media and Internet advertising know-how to small and mid-sized businesses.

Discussion: Lost Remote, paidContent, Romenesko, Andy Beal's Marketing Pilgrim, MediaPost and AdPulp

John Koblin / New York Observer:

Nick Denton's Secret Weapon: Gaby Darbyshire Is Gawker's Chief Enforcer — “One day there will be a book called ‘The Collected Legal Works of Gawker Media,’” said Gaby Darbyshire, the company's 39-year-old COO and head lawyer. — It was a recent Thursday afternoon, and Ms. Darbyshire …

Discussion: Romenesko

Nilay Patel / Engadget:

Amazon Kindle dual-screen e-reader patent granted, Barnes & Noble Nook potentially in trouble — Looks like the battle for e-reader dominance between Amazon and Barnes & Noble could soon expand beyond the recent spate of price drops and into the courtroom as well: the USPTO just granted …

Discussion: DailyFinance, paidContent, Kindle Review, theBookseller.com and Silicon Alley Insider

Joe Pompeo / The Wire:

The Wall Street Journal Is Clobbering The New York Times (And Everyone Else) In E-Reader Subscriptions (NWS) — The Wall Street Journal has by far the highest e-reader circulation of any newspaper in the U.S., according to Audit Bureau of Circulations data cited in a recent report by the World Association of Newspapers.

Discussion: Romenesko, Gannett Blog, BrauBlog and Shaping the Future …

Drew / Fark.com:

Why the wisdom of crowds is bunk and what Web 3.0 really is. Also, some of Fark's favorite Headlines of the Week for 6/27 - 7/3 — The “wisdom of crowds” is the most ridiculous statement I've heard in my life. — Yeah I said it. — Crowds are not wise. There is wisdom in crowds but you have to search to find it.

Discussion: The Awl

Mark S. Luckie / 10,000 Words:

No resources? No problem: How a local Russian paper took on the New York Times — A large number of the ambitious or innovative digital journalism stories featured on 10,000 Words are produced by larger newsrooms with more resources to devote to more elaborate projects.

Adam Satariano / Bloomberg:

Apple Studies User Downloads to Hone Mobile Ads, Take on Google — Apple Inc., with a storehouse of billions of music, movie and software downloads, is studying the buying habits of many of its 150 million iTunes users to show more appealing mobile ads and fuel competition with Google Inc.

Discussion: MediaPost and Poynter Online

The Huffington Post:

Dan Abrams: I'm ‘Thrilled’ With Where Mediaite Is, Plan To Start More Sites — Mediaite, the media news website, celebrated its first anniversary on Tuesday. To mark the occasion, HuffPost Media interviewed Mediaite founder and publisher Dan Abrams. Abrams is also the chief legal analyst …

Discussion: Mediaite

Bernard Golden / CIO.com:

How the Cloud Changed World's Oldest Newspaper — Take a look at the all-in cloud strategy of the Telegraph Media Group. It's an instructive lesson in how rapidly the business world is changing and why IT must take an approach that supports it.

Kara Swisher / BoomTown:

Hulu's Jason Kilar Talks About Plus, IPO, Renovations and More! — This week on BoomTown's grand summer tour of digital Los Angeles, I popped into the Santa Monica, Calif., offices of Hulu, the premium online video distributor that has been one of the few big and innovative hits for Hollywood in the digital sector.

Discussion: The Money Game

Joe Mandese / MediaPost:

Online Measurement Guru Bhatia Out As Nielsen Reorganizes Digital Team — Manish Bhatia, one of the pioneers of online audience measurement, and the head of Nielsen Co.'s digital media initiatives, is out as part of a reorganization of the media and marketing research giant.

Discussion: Online Video News