Mediagazer: Jim Cramer Hits an All-Time High (Zev Chafets/New York Times)

6:00 AM ET, May 14, 2011

Top News:

Jim Cramer Hits an All-Time High — Elks Lodge 1246 is located on the floor above Tony's Clip Joint in Summit, N.J., a small town about 40 minutes from Wall Street. On a chilly Monday evening in February, I climbed the musty stairwell to the clubhouse and walked in on a scene right …

Discussion: The Big Picture, Talking Biz News, The 6th Floor, The Daily Beast, Poynter, The Atlantic Wire, Inside Cable News and Gawker

Tim Carmody / Nieman Journalism Lab:

Kara Swisher, Michael Arrington, and me: New conflicts, and new opportunities, for the tech press — Changing technology is changing journalism in more ways than we can probably even understand. One of those changes concerns the definitions of “journalist” and “journalism” themselves …

Navneet Singh / Google News Blog:

Introducing “News near you” on Google News for mobile — Google News for mobile lets you keep up with the latest news, wherever you are. Today we're excited to announce a new feature in the U.S. English edition called “News near you” that surfaces news relevant to the city you're in and surrounding areas.

Discussion: ReadWriteWeb, GigaOM, Softpedia News, SocialTimes.com, Nieman Journalism Lab, IntoMobile, Epicenter, Electronista, 901am, PC Magazine, WebProNews, MarketingVOX, Search Engine Land, NewsGrange, Consumer Reports News, MacStories and Future of Journalism, more at Techmeme »

Robert Andrews / paidContent:

Interview: Steve Forbes Says Pay Walls Can't Pay The Way — “Even if you have a successful paywall, the revenue you get will not come close to matching what you're going to get on the advertising side,” Forbes Media chairman and former presidential candidate Steve Forbes told paidContent:UK.

Discussion: Subtraction.com

Sam Gustin / Epicenter:

Burson-Marsteller Deletes Critical Facebook Posts, Spares Google-Smear Flacks — Updated May 13, 2011 at 5 p.m. EDT with response from a Burson spokesperson, who acknowledged the deletion depicted above. — Just when it looked like the Facebook Burson-Marsteller black-ops anti-Google smear scandal …

Discussion: Chelgate Blog, Future of Journalism, The Daily Beast, Techdirt and PR Daily News

Dan Lyons / The Daily Beast:
The PR Hacks Behind Facebook's Google Smear

Mathew Ingram / GigaOM:

British Courts Try to Stop the Tide of Social Media — Social media such as Twitter and Facebook makes anyone a publisher, and that's disrupting the media industry, but the legal system isn't much better off, since the courts like to control the flow of information almost as much as the media does.

Discussion: The Next Web and Telegraph, Thanks:ideagov

Charles Arthur / Guardian:
Twitter and Facebook publication banned for first time in injunction

Discussion: The (e)Grommet, Future of Journalism, Wired.co.uk and msnbc.com

Lucia Moses / Adweek:

NewsBeast Loses Managing Editor Brekke Fletcher leaves for WSJ By Lucia Moses — It's one step forward, one step back for Tina Brown's Newsweek, which has lost a key hire even as its ad pages get a shot in the arm. — Brekke Fletcher, the Maxim managing editor who joined Brown's operation in December …

Discussion: The Daily Beast, Yahoo! News, mediabistro.com, Poynter, New York Magazine, FishbowlNY and MinOnline

John Eggerton / Broadcasting & Cable:

New Bill Would Criminalize Illegal TV Show Streaming — Currently, felony status only applies to uploads and downloads — A bipartisan trio of Senators Thursday introduced a bill that would make illegally streaming TV shows or movies a felony. — The bill (S. 978) was introduced …

Discussion: Techdirt and Free Press

thebrowser.com:

Richard Tofel on the Changing Business of Journalism — General manager of the non-profit newsroom ProPublica and former assistant publisher of the Wall Street Journal tells us his predictions for the future of news Am I right to think, from the books you've chosen, that newspapers …

Discussion: ProPublica

Dominic Litten / Point to Point:
When All Else Fails, Journalism Blames ... SEO?

Thanks:djlitten

Adweek:

First Mover: Jane Pratt — Adweek: So, are you still sassy? — Jane Pratt: I don't think that ever really goes away. Though my grandma, who is 104, keeps hoping I will get past it. — AW: How would you describe your new website, xoJane.com? — JP: It's very, very personal.

Discussion: AdAge and FishbowlNY

Simon Dumenco / AdAge: Love and Kisses, From Jane Pratt's New Website

Edward Wyatt / Media Decoder:

F.C.C. Commissioner Defends Taking Comcast Job — WASHINGTON — A Federal Communications commissioner who announced this week that she planned to join the lobbying office of Comcast defended her actions on Friday, saying she had no contact with Comcast about a potential job while the company's takeover …

Discussion: New York Times, FCC.gov, Company Town, Broadcasting & Cable, The Wrap, Multichannel, Techdirt, Hillicon Valley and CJR, more at Techmeme »

Amy Wicks / WWD Media Headlines:

Arianna Huffington v. The Times... L'Oréal's Digital Play... ARIANNA V. THE TIMES: Arianna Huffington tossed another grenade in the direction of The New York Times on Wednesday afternoon, during her luncheon address at a Gilt Groupe conference. “The New York Times pay wall isn't working,” she claimed.

Discussion: Adweek, Runnin' Scared and FishbowlNY

Globe and Mail:

As India's literacy levels rise, newspapers thrive — New Delhi— From Friday's Globe and Mail — It took 64 years for the revered Indian newspaper NaiDunia to reach a circulation of 500,000 - a figure that would make most North American publishers swoon. — That was two years ago.

Discussion: Guardian

Michael Calderone / The Huffington Post:

When's Katie Couric's Last Day? — NEW YORK — Katie Couric plans to announce on Friday's “CBS Evening News” that her last night anchoring the broadcast will be Thursday, May 19, according to a CBS source. — Two weeks ago, Couric ended speculation about whether or not she'd stay at the newscast in an interview with People magazine.

Discussion: The Atlantic Wire