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12:20 AM ET, July 13, 2011

Mediagazer

 Top News: 
Bloomberg:
News Corp.'s Lost $7B Shows Investor Concern  —  News Corp. (NWSA)'s loss of $7 billion in market value over four trading days shows investor concerns that a probe into alleged phone hacking by journalists at one London newspaper could have a broader impact on the company.
RELATED:
David Cay Johnston / Reuters:
RPT-COLUMN-It pays to be Murdoch.  Just ask US gov't: DCJohnston  —  David Cay Johnston is a Reuters columnist.  The opinions expressed here are his own.  —  (Reuters) - Rupert Murdoch may not garner as much attention for his financial savvy as he does for his journalistic escapades …
Lucas Shaw / The Wrap:
WSJ Ex-Editor on Scandal: News Corp. ‘Incompetent or Complicit’ (Exclusive)
Jeff Bercovici / Mixed Media:
News Corp. Sends Signal to Wall Street With $5 Billion Share Buyback
Discussion: News Corporation and Media Decoder
Simon Dumenco / AdAge:
Thanks for the Apology, Huffington Post.  Now Please Apologize to the Writer You Suspended  —  An Open Letter From Our Media Guy to Peter S. Goodman … Dear Peter,  —  My sincere thanks to you for your gracious apology.  Your incredibly swift response to my column was heartening.
RELATED:
Ryan Tate / Gawker:
HuffPo Fires Writer for Doing ‘What We Were Taught and Told to Do’  —  The Huffington Post indefinitely suspended a young blogger today for rewriting too much of someone's news article.  This is pretty ridiculous, given HuffPo's systematic, officially-sanctioned approach to rewriting too much of people's news articles.
Yahoo! News:   HuffPo controversy highlights cavalier online editorial culture
Aaron Gell / The New York Observer:
Bin Laden Hunter ‘CIA John’ Identified  —  The Man in the Yellow Tie, with Clinton and Panetta, and in a college yearbook photo.  —  Anyone who's ever logged in to a social network while in a jubilant, possibly intoxicated, frame of mind knows the dangers.
RELATED:
Jana Winter / Fox News:
Gawker Tries to Reveal Identity of CIA Agent Behind Bin Laden Kill
Discussion: The Wire
Steve Myers / Poynter:
U.S. has same number of newspapers now as in 1890s  —  Stanford has used data from the Library of Congress to illustrate the spread of all kinds of newspapers across the U.S. from 1690 to 2011.  Users can see which cities had multiple papers and click on them to learn more about them.
Jeff Sonderman / Poynter:
Journalism students must bridge 'digital divide 2.0′ to become less old-school  —  Assistant professors Alexa Capeloto and Devin Harner say young journalism students “know how to act the part of digital natives,” but “they're inclined to see the Internet as a tool for entertainment and socializing …
Discussion: USA Today and MediaShift
Foster Kamer / The New York Observer:
Gawker on Drugs (Literally!)  —  On Monday, Deadspin editor A.J. Daulerio unrolled a fairly epic foray into the world of stunt journalism: an attempt to re-create Major League pitcher Dock Ellis' infamous no-hitter of June 12, 1970 against the San Diego Padres, pitched while tripping on LSD.
Discussion: Deadspin and The Wrap
Andy Plesser / Beet.TV:
Reuters' Digital News Chief: “This is the Most Amazing Story Around”  —  The appointment of Anthony De Rosa, a product manager at Reuters who quickly became the company's Social Media editor, is “the most amazing (journalism) story around,” says Jim Impoco, Executive Editor, Thomson Reuters Digital, in this inteview with Beet.TV
Discussion: The Wire
Zooey Deschanel / Hello Giggles:
AN OPEN LETTER TO LOS ANGELES TIMES WRITER PATT MORRISSON  —  This is an open letter in response to a piece entitled Downtown LA: Good enough for the royals, but not for Zooey Deschanel?, written by columnist Patt Morrison, which appeared in the publication on July 10, 2011.  —  Dear Ms. Morrison,
Alysia Santo / CJR:
Q&A: Luke Stangel, Co-Creator of TapIn Bay Area  —  “Mobile could make us focus again on what we do really well as reporters.” … You quit your job to start Tackable, a social networking company, with Ed Lucero, a tech startup veteran.  Where did the original idea for a location-aware social network come from?
Andrew Hampp / AdAge:
With NBCU Digital Studio Closure, What's Next for Network-Backed Web Series?  —  Why Comcast Wanted the No. 4 Broadcast Network to Change Its Digital Strategy  —  Comcast's decision to close NBC Universal's Digital Studio was only the latest attempt to answer questions about making …
MediaShift Idea Lab:
Stop Yammering and Start Hammering: How to Build a ‘Maker Space’ for News  —  Over the next four weeks, a very interesting experiment is going to unfold.  The most exciting part about it is that it's entirely open source: You can observe it, interact with it, and improve it.
Guardian:
Independent's Johann Hari suspended  —  Interviewer and columnist has been suspended for two months pending outcome of internal investigation  —  Johann Hari, the Independent interviewer and columnist accused of plagiarism, has been suspended for two months pending the outcome …
 
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 More News: 
Radhika Jones / Nieman Storyboard:
“Why's this so good?” No. 3: André Aciman on the geography of longing
David Kaplan / paidContent:
Bloomberg Promotes Doctoroff To CEO
Chris Ariens / FishbowlNY:
Lance Ulanoff Leaving PCMag.com, Dan Costa Upped to Editor-in-Chief
Discussion: PC Magazine and Folio
Chip Bayers / Adweek:
The Original Internet Adman
Dawn C. Chmielewski / Los Angeles Times:
Web-only studios mature by mimicking ‘old media’
 Earlier Picks: 
Peter Kafka / AllThingsD:
Big Media Thinks Its Future Is in Your Phone
Thanks:mikepilarz
New York Post:
Kutcher's son of Sun Valley
Discussion: Betabeat and Gawker
R. Jai Krishna / Wall Street Journal:
HT Media Scouting For Hindi, Regional Language Newspapers
David Kaplan / paidContent:
PIB: Magazine Ad Pages Rise A Bit, As Food Category Starts To Stumble