Mediagazer: Comic's PAC Is More Than a Gag (David Carr/New York Times)

Newspapers Edit Down Outlooks — Newspaper companies are resetting their advertising expectations after a discouraging first half of the year, a shift that could spur a return to more of the job cuts and other belt-tightening moves that spread through the industry in 2008 and 2009.

Discussion: Poynter, Gawker and On Media's Blog

Tight Credit Stymies MediaNews Deal With Freedom — Unstable markets have stalled a deal for MediaNews Group Inc. to buy Freedom Communications Inc.'s newspapers, people familiar with the matter said, setting back the companies' efforts to navigate a more challenging media landscape.

Discussion: Reuters and Guardian

ABC News:

Murdoch told me to have someone followed: Buttrose — Media figure Ita Buttrose says Rupert Murdoch suggested she have someone followed while chasing a story in her time as editor-in-chief of the Sunday Telegraph and Daily Telegraph. — On Australian Story tonight, Ms Buttrose …

Discussion: NetNewsCheck Latest

Wall Street Journal:

Hulu Ponders Its Next Move — With Suitors' Bids Due Wednesday, Video Service Considers Future Structure — The companies trying to sell Hulu LLC are beginning a big game of chess that could lead them to redefine the popular video service once again. — Initial bids are due by Wednesday …

Discussion: Adweek, Company Town, GeekWire, digiday:DAILY, CNET News, Future of Journalism and The Business Insider, more at Techmeme »

Staci D. Kramer / paidContent:

Miramax Launching Multi-Title Facebook Movie App In U.S., UK & Turkey — Watching movies on Facebook isn't new—Warner Bros. (NYSE: TWX), Paramount and Universal each are trying variations on the theme. But today, paidContent can report, Miramax is launching the largest-scale Facebook …

Discussion: Miramax, ZDNet, Softpedia News, The Wrap, Fast Company, Mashable!, Electronista and The Next Web

Brian Stelter / New York Times:

Local TV Newscasts Expanding — ST. LOUIS — Coming soon to this city's television screens: more news at 4 in the morning, again at 10, and at 4 in the afternoon. — KSDK, the local NBC affiliate, is adding newscasts to those time slots next month, giving it six and a half hours of local news each weekday, its highest count to date.

Discussion: Gannett Blog, Future of Journalism and TVSpy

Alex Weprin / TVNewser:

Ayman Mohyeldin Leaves Al Jazeera for NBC News — Al Jazeera English correspondent Ayman Mohyeldin, who was the face of that channel during the Egypt uprising, is joining NBC News as a foreign correspondent in September. Mohyeldin will be based in the Middle East for NBC …

Discussion: Media Decoder, Broadcasting & Cable, nbcuniversal.presscentre.com, Facebook and @aymanm

James Robinson / Guardian:

‘Google needs TV’ will be message at Edinburgh — Eric Schmidt, chairman of Google, is expected to offer television executives an olive branch - and perhaps even some funding — • An open letter from Tess Alps of Thinkbox — When Google's chairman Eric Schmidt gives the MacTaggart lecture …

Discussion: The Business Insider and Media Week, more at Techmeme »

David Carr / New York Times:

Comic's PAC Is More Than a Gag — Let's start with a spot political quiz. Which of the following are legitimate political action committees known as Super PACs, and which is fake? — A) Citizens for a Working America — B) Make Us Great Again — C) Citizens for a Better Tomorrow, Tomorrow

Discussion: newsfeed.time.com, Splitsider and New York Magazine

John Koblin / WWD:

Preview: WSJ Magazine's September Issue … JOURNAL ENTRY: While Sally Singer handed over her latest cover of T: The New York Times Style Magazine to the relatively unknown jazz singer Esperanza Spalding, editor Deborah Needleman is going conventional: Rachel Weisz is WSJ's September cover girl.

Discussion: The New York Observer

Adweek:

First Mover: Anderson Cooper — What prompted your move to daytime TV? — At the age of 44, I felt like I wanted to get more out of life. And laugh more and learn more and get more out of each day. And I want that for viewers as well. It allows me to go in-depth on topics which don't necessarily fit on a newscast.

Chris Ariens / TVNewser:

Covering the Imminent Fall of Tripoli — CNN is going into overdrive tonight covering what Libyan rebels hope is the imminent fall of Tripoli. CNN is simulcasting CNN International programming anchored by Hala Gorani and Michael Holmes with Wolf Blitzer in D.C. Correspondent Matthew Chance …

Discussion: Guardian and Future of Journalism

Street Fight:

Ex-'Rocky' Editor Weighs in on YourHub — Street Fight Columnist Tom Grubisich's recent piece about the trials and tribulations of the Denver Post's YourHub hyperlocal network sparked plenty of debate among readers in our comments and over social media. Among those responding was John Temple …