Mediagazer: If Groupon Is Right, Hyperlocal Sites Are In Trouble (Jeff Bercovici/Forbes.com)

3:35 PM ET, June 3, 2011

Top News:

Why Bill Keller Stepped Down As Times Executive Editor And How the Paper's Staffers Staged an Intervention Over His Column — Today's announcement that Jill Abramson is succeeding Bill Keller as New York Times executive editor was, in many ways, expected. The handoff to Abramson …

Discussion: AdAge, Poynter, Media Research Center, Guardian, The Nation, Adweek, The Corsair, FishbowlNY, Mashable!, LA Observed, Capital New York, Esquire and Nieman Journalism Lab

Emma Gilbey Keller / Vanity Fair:

A Family Life in News: Emma Gilbey Keller on Bill Keller's New York Times Resignation — They say your children grow up fast. But I can tell you that it happens at warp speed when set against the backdrop of breaking news. Eight years ago, when my husband, Bill Keller …

Discussion: Mediaite and FishbowlNY

Jeff Bercovici / Mixed Media:

NY Times Editor Bill Keller: The Exit Interview — Bill Keller will have a lot more time for this sort of thing starting in September. Image by Getty Images via @daylife — Bill Keller, the executive editor of The New York Times, caught media watchers off guard today when he announced …

Discussion: Media Matters for America, Future of Journalism, The Daily Beast, Mediaite, mediabistro.com, The Wrap and The Atlantic Wire

Kelly McBride / Poynter:

NY Times columnist: 'I cannot believe it didn't leak out' — Lisa Belkin, author of the Times' parenting blog, The Motherlode, wasn't in the newsroom Thursday morning for the announcement that Jill Abramson would become the new executive editor of The New York Times.

Discussion: @thetinabeast, Free Press and The Daily Caller

Online NewsHour:
New York Times' Abramson on Role as First Female Top Editor, Challenges Ahead

Discussion: Poynter and Slate

Michael Calderone / The Huffington Post:
Incoming New York Times Editor Ready To ‘Seize The Future’

Discussion: SAI, Future of Journalism, AdAge, Yahoo! News, Nieman Journalism Lab, MediaPost and Business Insider

Peter Kafka / AllThingsD:

YouTube's Payouts to “Channel” Partners Comes With Strings — YouTube is trying to convince professional content makers to create stuff for the video site. And it's offering some of them millions of dollars to make it happen. — But even though Google has plenty of money, it's not giving it away.

Discussion: Future of Journalism

Michael Calderone / Huffington Post:

New York Times Movie Hits Screens Amid Management Shakeup … NEW YORK — The New York Times made it onto page one of Friday's New York Times. — In a management shakeup the day before, the paper announced that Jill Abramson would succeed Bill Keller as executive editor in September …

Discussion: Poynter

New York Post:

Time Inc.'s digital veteran Quittner logs off — Josh Quittner, one of the pi oneering digital journalists at Time Inc., is shoving off to do what he has been writing about for most of the past two decades — joining an Internet start-up. — Quittner, a 15-year veteran of the nation's largest publisher …

Discussion: paidContent, TechCrunch, ReadWriteWeb and FishbowlNY

Janko Roettgers / gigaom.com:

Why YouTube Adopting Creative Commons Is a Big Deal — YouTube's new Creative Commons remix feature in its video editor. — Making legal YouTube mashups just got a whole lot easier. The site's video editor is now allowing its users to remix existing YouTube videos without violating anyone's copyright.

Discussion: Boing Boing, PSFK, YouTube Blog, VentureBeat, Google Operating System, ReadWriteWeb and SocialTimes.com

Jeff Bercovici / Forbes.com:

If Groupon Is Right, Hyperlocal Sites Are In Trouble — Groupon is taking a lot of flak today for a pre-IPO S-1 filing that wishes away several hundred million dollars in marketing costs in order to claim something like profitability. My colleagues Brett Nelson and Eric Savitz …

Discussion: AllThingsD

Cardiff Garcia / FT Alphaville:
“Groupon offers”, or, how to write about the Groupon IPO when you don't really care

Discussion: Fast Company, Forbes.com, AllThingsD, SAI, DealBook, Wall Street Journal, AllThingsD, SAI, VentureBeat, paidContent, Forbes.com, Forbes.com and Future of Journalism, more at Techmeme »

Nat Worden / Wall Street Journal:

Cable Company Eyes ‘Single Play’ — Time Warner Cable Inc. Chief Executive Glenn Britt said Wednesday his company has an opportunity to win more broadband-only customers as broadband replaces TV as the cable industry's anchor product. — At an investor conference in New York City hosted …

Discussion: MediaPost and Multichannel

Ellie Behling / eMedia Vitals:

What Twitter's changes mean for media companies — Twitter has managed to be in the news even more than usual over the past couple of weeks with a handful of developments big and small. Content providers should take note of how they can use Twitter's new features, which range from a new Follow button to a new photo-sharing service.

Discussion: Sysomos Blog, Mashable!, Laughing Squid and Softpedia News

Julie Bosman / New York Times:

In Their Own Words? Maybe — ASPIRING fiction writers, don't take it too hard, but the Kardashian sisters, best known for their skill in cozying up to reality-show cameras, are about to publish their first novel. — “As wild as our real lives may seem on TV, just wait to read …

Discussion: FishbowlNY and Media Law Prof Blog

David Zurawik / Z on TV:

Jim Lehrer on his last turn at PBS anchor desk tonight — I know where I'll be tonight at dinnertime: In front a TV set tuned to PBS to see Jim Lehrer's last broadcast as a regular anchor on public television. — Friday (June 3) is Lehrer's final turn as a regularly scheduled anchor on PBS after 36 years in the job.

Discussion: TVNewser

Lois Beckett / Nieman Journalism Lab:

The news/analysis divorce: Who gets custody of the cash? — Editor's Note: Lab contributor Lois Beckett is a freelance journalist who focuses on meta-media reporting and the future of long-form journalism. Here, in a response to a much-discussed article predicting a “divorce” …