Mediagazer: PEJ: Newspapers are losing $7 in print revenue for every $1 in digital gained (Andrew Beaujon/Poynter)

11:25 AM ET, March 5, 2012

Top News:

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 …

Discussion: Deadline.com, Company Town, Financial Times and New York Magazine

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 …

Mark Sweney / Guardian: Sun on Sunday estimated to have lost about 500,000 sales

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

Discussion: Daily Mail

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: Journalism.org and Free Press

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: Shaping the Future …, Media Decoder, PewResearch.org, Nieman Journalism Lab, JIMROMENESKO.COM and eMedia Vitals

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.

Discussion: Media Decoder, Poynter, Indecision Forever, The Maddow Blog, entertainment.time.com, Erik Wemple, Washington Post, Runnin' Scared, The Huffington Post, BuzzFeed, @carr2n, TVNewser and Forbes

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 …

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: Forbes, Poynter, Beyond Search, WebProNews, ZDNet, Business Insider and msnbc.com

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

Discussion: TechCrunch and Globe and Mail

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: TVNewser, Multichannel and FishbowlDC

Brian Stelter / Media Decoder:

Current TV to Simulcast Liberal Radio Talk Shows — In its one-year-old bid to challenge MSNBC, the fledgling cable channel Current TV is copying another of MSNBC's programming strategies. — Current said Monday that it will soon add two radio show simulcasts to its weekday lineup …

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

Lucy Tesseras / New Media Age:

Bloomberg Businessweek to launch first iPhone app — Bloomberg is set to launch an iPhone app for Businessweek within the next few weeks as it looks to expand its global reach. new media age has seen a sneak preview of the new app, which mirrors the look and functionality …

Discussion: Talking Biz News

Neal Ungerleider / Fast Company: Bloomberg Expanding Tech Coverage

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

Robert Andrews / paidContent:

The Economist Hands All Digital Strategy To Its Tablet Chief — The Economist is handing control of its website to its tablet magazines controller, in a bid to unite the previously competitive units. — Oscar Grut, who was formerly digital editions managing director …