Mediagazer: Leaving an Agency Giant to Start a Boutique (Stuart Elliott/New York Times)

Keith J. Kelly / New York Post:

Harman, Diller could bring ‘News-Beast’ to life — Tweet — Speculation is swirling anew that Barry Diller is working on a plan to combine his IAC/InterActiveCorp-owned Daily Beast with the Newsweek digital operations. — Such a combination would give both Web operations some critical mass …

Discussion: Romenesko, New York Observer, Gawker, Mediaite, The Wire, The Atlantic Online, New York Magazine and NYConvergence

Felix Salmon:

Teaching journalists to read — Every six months or so, The Audit, CJR's financial-journalism blog, holds a breakfast to update interested parties on how the blog is doing. Each breakfast has an invited speaker, and so it was that I found myself at 7:45 this morning in a very posh Upper East Side club …

Wall Street Journal:

News Sites Study Social Media — News organizations are more scientific about studying the value of readers they hook through social media like Twitter and Facebook, as they seek ways to exploit the channels without cannibalizing their businesses. — Icahn Takes Blockbuster Debt Holding

Discussion: Kirk LaPointe's …

Frances Martel / Mediaite:

Jon Stewart To Throw ‘Rally To Restore Sanity’ On 10.30.10 In DC — Imitation is the sincerest form of flattery- or at least that's what Glenn Beck will be hoping for when he hears this news. Tonight, Jon Stewart announced the “Rally to Restore Sanity”: a march on Washington for people …

Discussion: The Atlantic Online, NPR Topics, Broadcasting & Cable, The Wrap, Media Decoder, Multichannel, Politics Daily, Guardian, Moraes on TV, Think Progress, On Media's Blog and New York Magazine

Richard MacManus / ReadWriteWeb:

Tumblr Leaves Posterous in the Dust — One of the more interesting startup battles in recent times has been Tumblr vs. Posterous, two light blogging services that make it easy for anyone to publish ‘found’ things very quickly and at the click of a button. Tumblr was the first kid on the block …

Discussion: New York Observer

John Melloy / CNBC:

Third of Young Netflix Users Cut Cable — An alarming survey by Credit Suisse should serve as a wake up call to the broadcast networks and cable companies that they need to take control of their revenue destiny right now, while they still have some negotiating power.

Discussion: The Wire, Yahoo! News, The Atlantic Online, Online Video News and NewTeeVee

Michael Roberts / The Latest Word:

I-News: Can Laura Frank's journalism project slow the disappearance of investigative reporting? — With resources and revenues for print and broadcast news operations continuing to shrink, investigative journalism — a vital form, but among the field's most expensive — is becoming more rare with each passing day.

Robert Niles / Online Journalism Review:

Nobody's making money online - except the folks who are — By Robert Niles: Rafat Ali's right. The news industry is a lousy business now. — Competition's cutting ad rates as technology flattens the industry, destroying economies of scale that once enabled news companies to profit by consolidating into national chains.

Martin Belam / currybetdotnet:

Journalism shouldn't be afraid of web metrics — There has been some recent discussion about the impact of metrics in the newsroom on the Nieman Journalism Lab site. — It often seems to me that fear of measuring the performance of news gets simplified by many people into worrying that the outcome will be:

Ed Walker:

Legal challenges facing online journalists — Had some media law refresher training this morning. It was tough going back three years and trying to remember specific cases but the best bit of the session were the debates about the challenges now faced by journalism when it comes to online and the law.

Discussion: Journalism.co.uk

Gautham Nagesh / The Hill:

FCC's Baker: Government shouldn't bail out the media — Government funds for the ailing media industry would jeopardize the freedom of the press and undermine the public's trust in its reporting, according to Federal Communications Commission (FCC) member Meredith Attwell Baker.

Discussion: Company Town

Lauren Kirchner / CJR:

Checking In on Kachingle — Why haven't any big news sites signed up? — Early in 2009, the micropayment service Kachingle received a lot of attention when a piece in Editor and Publisher suggested that it could—gasp!—"save journalism." By April 2009, Kachingle founder Cynthia Typaldos …

Discussion: Romenesko

Craig Kanalley / The Huffington Post:

Statue of Liberty Tornado Photo on Twitter Dupes Media — It's 2010. That means we can get lazy and just grab photos from Twitter and call it journalism, right? — Absolutely not. Journalists must do a better job vetting the information and multimedia that flows from social networks.

Discussion: The Wrap, newsfeed.time.com, Runnin' Scared, Gawker and mediabistro.com

Stuart Elliott / New York Times:

Leaving an Agency Giant to Start a Boutique — FASHIONISTAS and fans of late-night television have Coco, and now Madison Avenue has Co — or, to be precise, Co:. — Co:, with a colon, is the name of an agency being opened in New York by Ty Montague and Rosemarie Ryan …

Discussion: Gothamist and AdPulp

Nicholas Carlson / New York Times:

Hacks Into Hackers — Last spring, Nick Bilton, an adjunct professor at New York University (and a New York Times blogger), and his technology class stashed sensors all over their floor at the Tisch School of the Arts: on elevators, in hallways, outside bathrooms, in the lounge and in classrooms.

Rick Edmonds / Poynter Onilne:

In Hyperlocal News, Where's the Urgency? — Not to get all Newtonian, but let me propose Edmonds' Law of Inverse Urgency: the more local or hyperlocal the news, the less important it is to get it right away. — I would keep these musings to myself, except that ventures like AOL's Patch …

Discussion: Lost Remote

Mary Elizabeth Williams / Salon:

Chilean mining disaster: The agony of slow news — Two of this year's most tragic stories have one thing in common: They remind us of our own powerlessness — The splashy media world of round-the-clock disaster does not lend itself to footage of people standing around and waiting.

Discussion: AdAge