Mediagazer: Yahoo Makes Move For Olympic Broadcast Rights (John M. Clarke Jr/Forbes)

10:00 AM ET, March 5, 2012

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News Corp. Probe Turns to Russia — WASHINGTON—A Federal Bureau of Investigation probe into News Corp . has turned to a former Russian subsidiary, seeking to determine whether a billboard company called News Outdoor Russia paid bribes to local officials to approve sign placements in that country …

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David Leigh / Guardian:

Phone-hacking documents ‘confirm that Labour government was briefed’ — Leveson inquiry told of Met briefing and internal memo after former home secretary denies he was told MPs were targeted — Documents have been discovered that apparently confirm police claims that the Labour government …

Natalie Peck / Hacking inquiry: Former senior cop blames the force’s ‘closed mindset’ for hacking investigation failure

Neville Thurlbeck:
Corruption. The Agenda to Demonise News International

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Staci D. Kramer / paidContent:

Pew: Papers' Biggest Revenue Threat Is Inertia; Second Biggest Is Action — Before we get into the results of the latest detailed look at how U.S. newspapers are faring on the digital revenue front, let's get one serious qualm out of the way: the Project for Excellence in Journalism's 16-month study …

Discussion: Nieman Journalism Lab, PewResearch.org, JIMROMENESKO.COM, Media News, Journalism.org, Media Decoder and eMedia Vitals

Andrew Beaujon / Poynter:

PEJ: Newspapers are losing $7 in print revenue for every $1 in digital gained — Revenue is just one of the problems facing American newspapers, says a new Project for Excellence in Journalism study. The culture at newspapers, and not just on the editorial side, is as much an impediment …

Discussion: Free Press and Journalism.org

Brian Stelter / New York Times:

Limbaugh Advertisers Flee Show Amid Storm — Emboldened by Rush Limbaugh's public apology over the weekend to a law school student whom he had called a “slut” and a “prostitute,” critics of the radio talk show host are intensifying their online campaign against his advertisers.

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Paul Farhi / Washington Post:

Rush Limbaugh should take lessons from Imus, liberal talk-show host Shultz — Did Rush Limbaugh just have his Don Imus Moment? — With more sponsors bailing and Republican lawmakers adding to the condemnation of the talk-show host on Sunday, the flap over Limbaugh's comments …

Tommy Christopher / Mediaite:

Current TV Announces Morning Block With Bill Press And Stephanie Miller — Al Gore's Current TV is taking the next step toward fulfilling its promise of a 24-hour slate of progressive news and commentary with the announcement that the network will debut a morning programming block featuring …

Discussion: Media Decoder, TVNewser, Multichannel and FishbowlDC

Kara Swisher / AllThingsD:

Yahoo's New CEO Preps Major Restructuring, Including Significant Layoffs — According to multiple sources both inside and outside the Silicon Valley Internet giant, Yahoo's CEO Scott Thompson is preparing a massive restructuring of the company, including layoffs that are likely to number in the thousands.

Discussion: Mixed Media, Business Insider and msnbc.com

John M. Clarke Jr / Forbes:
Yahoo Makes Move For Olympic Broadcast Rights

Discussion: TechCrunch and Globe and Mail

Wall Street Journal:

Plans for ‘TV Everywhere’ Bog Down in Tangled Pacts — It was dubbed “TV Everywhere.” But for many TV viewers, it has had trouble going anywhere. — Nearly three years after Time Warner Inc. and Comcast Corp. kicked off a drive to make cable programming available online for cable subscribers …

Discussion: Gizmodo

Amy Chozick / New York Times:

After a Year, Tablet Daily Is a Struggle — One year ago Rupert Murdoch took the stage at the Guggenheim Museum and with much fanfare introduced a News Corporation publication that, in the words of the Apple executive Eddy Cue, would “redefine the news.” Enlarge This Image The Daily …

Discussion: eMedia Vitals

Mark Sweney / Guardian:

Sun on Sunday estimated to have lost about 500,000 sales — News International's Sunday tabloid thought to have sold about 2.6m, according to early industry estimates — The Sun on Sunday is thought to have lost more than 500,000 for its second outing at the weekend …

Robert Fisk / The Independent:

The heroic myth and the uncomfortable truth of war reporting — It took a lot of courage to get into Homs; Sky News, then the BBC, then a few brave men and women who went to tell the world of the city's anguish and, in at least two cases, suffered themselves.

Discussion: @theindynews