Mediagazer: Politico isn't a newspaper. But it might be the future of print (Peter Preston/Guardian)

5:40 AM ET, November 8, 2010

Top News:

Olbermann, Impartiality and MSNBC — MSNBC, worried that its reputation as a fair broker of the news hung in the balance, sent Keith Olbermann to the woodshed on Friday for an unpaid suspension because he had donated $7,200 to some of the Democratic politicians he had championed on his hit show “Countdown.”

Steve Krakauer / Mediaite:
Keith Olbermann Will Return To MSNBC Tuesday

Discussion: Washington Post, Wall Street Journal, New York Times, Gawker and New York Magazine

Glynnis MacNicol / Mediaite:
Report: Olbermann Was Suspended For Refusing To Apologize On Camera

Discussion: mediabistro.com, Runnin' Scared, Hollywood Reporter, The Daily Beast, Wonkette, New York Magazine and Inside Cable News

Brian Stelter / Media Decoder:
Maddow Says Olbermann's Suspension Shows Difference Between MSNBC and Fox News

Discussion: DailyFinance, Broadcasting & Cable, Gothamist, SAI and Runnin' Scared

Andy Plesser / Beet.TV:

AOL's Patch Has Hired 600 Journalists in 2010 - Has Big Traffic Night for Midterm Elections — NEW YORK — Patch, a network of over 300 local news sites, saw its traffic surge by 300 percent on November 2 as visitors sought local results of the mid-term elections.

Wall Street Journal:

AOL Hires Advisers, With Eye on Yahoo — AOL Inc. has hired financial advisers to explore various strategic options for the company, one of which includes a possible tie-up with bigger rival Yahoo Inc., people familiar with the matter said. — In recent days, AOL's advisers …

Discussion: BoomTown, Reuters, paidContent and DealBook, more at Techmeme »

Lucia Moses / Mediaweek:

Forbes: Reinvention or Regression? — Are paid blogs the path to reinvention or destruction? — Forbes.com, launched in 1996 when most media companies hadn't a clue about the Web, was once held up as the poster child for how to build an old-media brand online.

Edmund Lee / AdAge:

AOL's Attempt to Spruce Up Its Sites Washes Away Ad Revenue — NEW YORK (AdAge.com) — It's going to get worse before it gets better. — That's been CEO Tim Armstrong's message since he took the job of fixing sick patient AOL more than 18 months ago. Anyone looking for a glimmer of turnaround won't find much in the numbers.

ABC News:

The Guardian and The Web — MARK COLVIN: Rupert Murdoch's News Corporation this week released some figures on the success or otherwise of its experiment in paid online journalism, the project which has put the London Times and Sunday Times behind a paywall.

Mike Shields / Adweek:

Google TV Gets Static — Search giant fumbles relationship with networks — The biggest flop of the new fall TV season wasn't Fox's Lone Star or ABC's My Generation. — It's Google TV. — The engineers at the search goliath appear to have pulled off the double whammy of disappointing …

Thanks:rawmeet

Kara Swisher / BoomTown:

Exclusive: SB Nation Raises $10.5 million in Khosla Ventures-Led Series C Round — SB Nation, the Washington, D.C.-based sports blog and news start-up, has just completed a $10.5 million Series C round, which is being led by Khosla Ventures, according to sources.

Discussion: paidContent

Peter Bhatia / Oregonian:

The editor's column: Building partnerships in hyperlocal journalism — One of the trendy terms in journalism these days is “hyperlocal.” It means local news at the community level, and, potentially, even at the neighborhood level. Local news has always been the lifeblood of this and most every newspaper.

joongangdaily.joins.com:

My time in North Korean jails: Journalist Lee remembers — When she was imprisoned in North Korea in 2009, American journalist Euna Lee collected sleeping pills and considered committing suicide with them. — ¡°I thought to myself, 'If I died, my family would overcome this brutal reality …

Discussion: The Korea Times

Roy Greenslade / Guardian:

Change of direction for Guardian Media? — The Guardian Media Group (GMG) is to undergo a change of strategy under plans drawn up by its new chief executive, Andrew Miller, reports today's Sunday Times print edition [not online]. — The paper claims that GMG will be restructured by separating …

The Independent:

Paul Vallely: Sexed-up contrariness is not journalism — Better radio silence at the BBC than distortions of the truth, but all the media are guilty of inflation — I think I may be a news addict. But the condition may not be incurable. Two days ago, BBC journalists began a 48- hour strike …