Mediagazer: Meredith Shutters DIY Darling ReadyMade Magazine, Eliminates 75 Jobs Companywide (Nat Ives/AdAge)

6:05 PM ET, June 16, 2011

Top News:

Guardian News & Media to be a digital-first organisation — Guardian News & Media (GNM), publisher of the Guardian, has revealed plans to become a digital-first organisation, placing open journalism on the web at the heart of its strategy. — Alan Rusbridger, editor-in-chief of GNM …

Discussion: Press Gazette, Poynter, GigaOM, Jon Slattery, Editor's Blog, martin cloake, paidContent:UK, @dannysullivan, paidContent, The Corsair, SiliconFilter and themediablog.typepad.com

Joe Pompeo / Yahoo! News:
Guardian staffs up planned U.S. website as ‘major’ digital ‘transformation’ begins

Discussion: Guardian

Nat Ives / AdAge:

Meredith Shutters DIY Darling ReadyMade Magazine, Eliminates 75 Jobs Companywide — Acquired the Brand in 2006 in Bid for Younger Readers — Meredith is closing the hip, DIY darling ReadyMade magazine and eliminating 75 positions from the company as a whole, incurring a $10 million …

Discussion: Yahoo! News, paidContent, Adweek, FishbowlNY and Publishing Executive News

The Atlantic Wire:

Chris Matthews: What I Read — How do other people deal with the torrent of information that pours down on us all? What sources can't they live without? To find out, we regularly reach out to well-informed people to learn more about their media diets. This is drawn from a conversation …

Discussion: On Media's Blog

Ken Doctor / Nieman Journalism Lab:

The newsonomics of Reuters' Americanization — Editor's Note: Each week, Ken Doctor — author of Newsonomics and longtime watcher of the business side of digital news — writes about the economics of news for the Lab. — News quiz: Which company can claim the largest journalistic workforce in the world?

Discussion: Future of Journalism and Newsonomics

Yahoo! News:

How Weinergate became a media circus — Anthony Weiner's press conference Thursday afternoon to announce his resignation from the U.S. House of Representatives in the wake of a sexting scandal gave new meaning to the phrase “media circus.” — Though brief, the announcement …

Discussion: The Huffington Post, TVNewser, Mediaite, New York Times, The Huffington Post, TPMDC, Fox Nation, The Wire, Tuned In and Vanity Fair

Philip Bump / Mediaite:

Where Does Local News Fit If National And Social Media Take Up All Your Time? — Most cities don't have politicians who send pictures of their genitalia to porn stars. Very few do; at last count, the number totaled one. — Most cities don't have a President who gets into debates on policy …

Discussion: Nieman Journalism Lab and TVSpy

David Kaplan / paidContent:

Armstrong @ AOL Analyst Day: Critics Of HuffPo Deal Just Don't Understand — A month after AOL (NYSE: AOL) posted its first growth in display revenue after a more than three-year drought, the company is hosting an “analyst day” in New York's fashionable Soho district to further explain its strategy to Wall St. and the press.

Discussion: Future of Journalism

Hollywood Reporter:

NBC Chairman Robert Greenblatt Shares His Plan to Rebuild the Network (Exclusive Q&A) … When Robert Greenblatt took over as NBC's chairman of entertainment in late January, many in Hollywood had high hopes for the executive who had previously transformed Showtime from an also-ran …

Discussion: MediaPost

Glynnis MacNicol / The Wire:

Arianna Taps Actress Rita Wilson To Head New ‘Boomer’ Vertical Huff/Post 40 — Arianna has not lost her knack for splashy name-dropping. — The AOL Huffington Post Media Group announced today they have tapped actress (and wife of Tom Hanks) Rita Wilson to be editor-at-large of a new Boomer vertical Huff/Post 40.

Discussion: Media & Entertainment

Noah Davis / SAI: Silicon Alley Insider:

EXCLUSIVE: Sports Illustrated Proves Why Tablets Are Better Than Print — Sports Illustrated will publish twice this week. — For the first time ever, the magazine will update its tablet editions with new content on Thursday. — The NHL playoffs going to a seventh game gave editors the opportunity.

Discussion: Future of Journalism

Wall Street Journal:

Regional Newspapers' Merger Talks Break Down — Buyout discussions between the publishers of the Denver Post and Orange County Register broke down recently amid disagreements over price, said people familiar with the matter, as regional newspapers grapple with consolidation efforts to shore up their finances.

Discussion: Gazette, The Latest Word and Poynter

Justin Ellis / Nieman Journalism Lab:

ChicagoTribune.com redesign will feature real-time ads — In redesigning their website, the Chicago Tribune staff focused on what they could take out of the homepage, not what they could add in. So when you go to the new Chicagotribune.com today, it's not hard to notice how simple the design appears …

Discussion: Time Out Chicago Blogs, Cision, Editors Weblog, PR Newswire and Street Fight

David Kravets / Threat Level:

Bloggers Mull Legal Action Against Righthaven — Bloggers who paid thousands of dollars each to settle copyright-infringement allegations with Righthaven were mulling their legal options Wednesday, a day after a federal judge said the copyright troll had no legal standing to bring that kind of lawsuits.

Discussion: Techdirt, Poynter, Adweek, The Latest Word and Righthaven Victims

Tom Groenfeldt / Forbes.com:

Journalism, of a Sort, is Alive and Well in Financial Services — At the SIFMA securities industry conference in New York this week, Joe Lanza, the president of Dow Jones Financial Markets, had a startling bit of news. The company employs more than 100 journalists just to cover the foreign exchange.

Jim Romenesko / Poynter:

ProPublica launches social aggregation feature — Romenesko Misc. — #MuckReads lets users read and share investigative stories online. “People can simply tweet their favorite investigations with the namesake hashtag to share some of the top accountability stories, interactive graphics …

Discussion: Nieman Journalism Lab and ProPublica