Top News:

Hulu Equity Owners Announce Decision To Terminate The Hulu Sale Process — The following is a joint statement from Hulu owners News Corporation, Providence Equity Partners, The Walt Disney Company and the Hulu senior management team: — “Since Hulu holds a unique and compelling strategic value …
Discussion:
AllThingsD, TechCrunch, Softpedia News, paidContent, GigaOM, Techdirt, CNNMoney.com, Electronista, VentureBeat and Engadget, more at Techmeme »
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Hulu Owners Will Retain Control of Video Service — Hulu LLC's owners canceled a four- month auction of the online video service, saying the company's strategic value outweighed a sale. — “We have terminated the sale process and look forward to working together to continue mapping out its path …

On George Soros, Occupy Wall Street, and Reuters — Wouldn't it be ironic if Occupy Wall Street — the soi-disant “99%” — were being secretly funded by billionaire Davos Man George Soros, exemplar of the 1%? Well, no, it wouldn't, actually. As Noreen Malone points out, lots of the 1% have …
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Reuters's Dizzying Changes to Its Soros-Occupy Wall Street Story
Discussion:
Reuters, The New York Observer and The Huffington Post, Thanks:adamclarkestes

Worldwide, newspapers reach more people than the Internet, WAN-IFRA survey shows — WAN-IFRA — At the World Newspaper Congress and World Editors Forum in Vienna, Austria, a survey of 69 countries showed where print circulation, revenue and mobile use were rising for newspapers, and where they are declining.
Discussion:
Media News and WAN-IFRA
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Global circulation falls as readers become ‘promiscuous’ — WAN-IFRA delivers its World Press Trends report, which found that circulation declined globally by 2%, but showed disparity between the east and west — Worldwide daily newspaper circulation fell by nine million in 2010 …
Discussion:
Globe and Mail and Future Journalism Project


News Corp. Hits a Bump as Investors Prepare to Meet — The European edition of The Wall Street Journal accounts for less than 1 percent of total business at its parent company, the News Corporation. But the controversy this week over an unorthodox circulation deal that resulted in the resignation …
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WSJ circulation figures to be investigated
Discussion:
FleetStreetBlues, http://www.Stinkyjournalism …, Forbes and Poynter

WSJ confirms side deals in paid circulation boost at Journal's Europe edition
Discussion:
Wall Street Journal, Forbes, CJR and Talking Biz News

Wall Street Journal Europe Sourcing Was Unusual
Discussion:
Forbes, Deadline.com, FishbowlNY, msnbc.com and The New Republic


Politico Reporter Dismissed for Plagiarism — A NYT reporter has brought information to Politico's Editor-in-Chief John Harris and Executive Editor Jim VandeHei that has led to a reporter's forced resignation. Politico issued a lengthy and serious memo tonight to employees announcing that Kendra Marr …
Discussion:
Poynter, Regret the Error and The Politico


Feds to target newspapers, radio for marijuana ads — Federal prosecutors are preparing to target newspapers, radio stations and other media outlets that advertise medical marijuana dispensaries in California, another escalation in the Obama administration's newly invigorated war against the state's pot industry.
Discussion:
Poynter, ThinkProgress, The Snitch, FishbowlLA, On Media's Blog, The Daily Weekly, Future Journalism Project and Seattle Times


Word clouds considered harmful — In his 2003 novel Pattern Recognition, William Gibson created a character named Cayce Pollard with an unusual psychosomatic affliction: She was allergic to brands. Even the logos on clothing were enough to make her skin crawl, but her worst reactions …


The newsonomics of 100% reach — 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. — You won't find a “Subscribe” top-level link on The Day's home page.
Discussion:
eMedia Vitals

New York Times Plans Staff Reductions — In the midst of a deteriorating advertising climate, The New York Times plans to eliminate up to 20 newsroom positions and seek additional savings in the business units, the company said Thursday. — The reductions, described by the New York Times Company …
Discussion:
Poynter, Huffington Post, paidContent, FishbowlNY, Business Insider, Adweek, AllThingsD, New York Magazine, The New York Observer, Poynter, On Media's Blog and Gawker


ABC News Chief Tells His Reporters to Turn a Terror Threat Story Into a ‘Thriller’ — ABC News president Ben Sherwood is a notorious social climber and horrible self-help writer whose detractors call him “the Draco Malfoy of broadcast news.” When he took over the news division last year …


Nonprofit News Outlets Face Long Waits for IRS Approval — When SF Public Press, a nonprofit news organization in San Francisco, applied to the Internal Revenue Service for a tax exemption in January 2010, its founder, Michael Stoll, thought the bid would be a “slam dunk.”
Discussion:
LA Observed and Poynter

In Wall Street protests, TV news finds battleground — * Critics says networks too positive in reporting — Just as Fox News has staked out the conservative Tea Party movement as a pet topic, the unabashedly liberal MSNBC television news network appears to be doing the same with the Occupy Wall Street protests.
Discussion:
Future of Journalism, TVNewser, The Huffington Post and New York Times


Demand Media's Secret Weapon: A Super Fast Payment System For Its Freelance Writers — One of the most overlooked aspects of Demand Media's success is the super efficient payment system the company uses handle its thousands of freelance writers. — We learned about it when we were reporting …
Discussion:
WebProNews and Medacity