Mediagazer: The Revolution Will Not Be Monetized (Bob Garfield/IEEE Spectrum)

2:38 AM ET, June 10, 2011

Top News:

A Federal Study Finds That Local Reporting Has Waned — An explosion of online news sources in recent years has not produced a corresponding increase in reporting, particularly quality local reporting, a federal study of the media has found. — Coverage of state governments and municipalities …

Discussion: Associated Press, Nieman Journalism Lab, Poynter, Future of Journalism, rbr.com, Gawker, Fast Company, The Atlantic Wire, Multichannel, radioworld.com, FishbowlNY, Gannett Blog and The Rural Blog

fcc.gov:

Information Needs of Communities — The Changing Media Landscape in a Broadband Age. In culmination of its work over the last year, the FCC Working Group on the Information Needs of Communities delivered a report on June 9, 2011 addressing the rapidly changing media landscape in a broadband age.

Discussion: Hillicon Valley, Company Town, CNET News, CJR, TVNewser, Mediactive, Kirk LaPointe's … and Technology360

Rem Rieder / American Journalism Review: No Federal Bailout for Journalism

Derek Willis / The Caucus:

Help Us Review the Sarah Palin E-Mail Records — On Friday, the State of Alaska will release more than 24,000 of Sarah Palin's e-mails covering much of her tenure as governor of Alaska. Times reporters will be in Juneau, the state capital, to begin the process of reviewing the e-mails …

Discussion: New York Times, Poynter, Future of Journalism, FishbowlNY, Yahoo! News, Los Angeles Times, ReadWriteWeb, WebProNews, USA Today, Hot Air, The Daily Caller and Media Research Center

Ryan Kellett / Washington Post:

Help analyze the Palin e-mails — UPDATE: We have had a strong response to our crowdsourcing call-out on the Palin e-mails. We've reconsidered our approach and now would like to invite comments and annotations from any interested readers. — Here's how to participate:Over 24,000 e-mail messages …

Discussion: The Wire, Runnin' Scared, The Atlantic Wire, @mlcalderone, The Right Scoop, On Media's Blog and The Daily Caller

Jordan Golson / MacRumors:

Apple Reverses Course On In-App Subscriptions [Apple Confirms] — Apple has quietly changed its guidelines on the pricing of In-App Subscriptions on the App Store. There are no longer any requirements that a subscription be the “same price or less than it is offered outside the app”.

Joshua Benton / Nieman Journalism Lab:
Apple makes its subscription rules more friendly to news organizations; but were they really the target?

Discussion: TechCrunch, The Next Web and TeleRead, more at Techmeme »

Michael Arrington / TechCrunch:

Google Acquires AdMeld For $400 Million — AdMeld, an advertising optimization platform for publishers, has been acquired by Google for around $400 million according to multiple sources. The company, which launched in 2007, has raised just $30 million in venture capital from Foundry Group …

Discussion: The Official Google Blog, Bits, Search Engine Land, AllThingsD, AdExchanger.com, AdAge, paidContent, SAI, VentureBeat and Betabeat, more at Techmeme »

The Atlantic Wire:

The Huffington Post Passes The New York Times in Traffic — According to a Huffington Post editor who asked not to be named, HuffingtonPost.com passed NYTimes.com in traffic last month. The May numbers reflect a boost seen by a number of news sites. (With 10 million unique visitors …

Discussion: Clusterstock, Mixed Media, On Media's Blog, Future of Journalism and FishbowlNY

Mathew Ingram / GigaOM:

Which will save AOL: Huffington Post or Patch? — AOL, which is trying desperately to manufacture a new business model as its legacy businesses continue to collapse, has made two gigantic and potentially life-altering bets over the past year. One is the $315 million it spent to buy …

Discussion: Poynter, San Francisco Peninsula …, Yahoo! News, SAI and Future of Journalism

Jxpaton / Digital First:

WAN IFRA International Newsroom Summit: How The Crowd Saved Our Company — Good morning. — As career journalists and managers we have entered a new era where what we know and what we traditionally do has finally found its value in the marketplace and that value is about zero.

Bloomberg:

YouTube in Network Deal Talks With Operators, Manufacturers — Google Inc. (GOOG)'s YouTube division said it is in talks with all major mobile operators on an agreement to pool efforts to reduce the impact of video content on telecommunications networks. — YouTube, the world's …

Discussion: Softpedia News and The Next Web

Rob Gurwitt / Stateline.org:

Can nonprofit news survive? — Only four years old, the nonprofit online news site MinnPost has yet to match its cross-town rival, the venerable Minneapolis Star Tribune, for size, budget or readership. But it sure can bring out big names for a party. — At MinnPost's April 1 “MinnRoast” …

Keach Hagey / On Media's Blog:

The editorial dilemma of Huma's pregnancy — The news that Anthony Weiner's wife, Huma Abedin, is pregnant had been known and agonized over in newsrooms, including this one, for more than 24 hours before it was reported on Wednesday night. — It presented one of the toughest editorial dilemmas in recent memory.

Discussion: The New Yorker Blog, Capital New York and Big Government

Bob Garfield / IEEE Spectrum:

The Revolution Will Not Be Monetized — Stratospheric valuations for social media titans assume vast advertising revenue that will never arrive — This is part of IEEE Spectrum's special report on the battle for the future of the social Web. — First thing you do, tear this article …

Thanks:steverubel

Julie Moos / Poynter:

5 reasons broadcasters pay licensing fees for stories and why it corrupts journalism — When Ann Coulter congratulated ABC News for its reporting on the Anthony Weiner story, her high praise was this: “You guys own the Weiner story.” She may not have meant it literally, but she could have.

Discussion: Terry Heaton's PoMo Blog, TVNewser, Chickaboomer, Free Press and The Atlantic Wire

Kat Stoeffel / The New York Observer:

Jill Abramson: Our Lady of Gray — The climb to Valhalla is treacherous—but lawyers, babies, Howell Raines and a barreling truck couldn't keep Jill Abramson down. — LAST THURSDAY, Jill Abramson compared her appointment to executive editor of The New York Times to “ascending to Valhalla …

Discussion: Folio, Poynter, Yahoo! News and CJR

Michael Calderone / The Huffington Post: Who'll Get The New York Times' Top Washington Job?

Matt Marshall / VentureBeat:

Online advertising explodes to $31B, but publishers getting squeezed? — Advertisers are likely to spend $31.3 billion buying online ads this year, 20 percent more than last year. That's according to the encouraging forecast from market researcher eMarketer — and it's almost twice …

Discussion: eMedia Vitals and the Econsultancy blog