Mediagazer: In Defense of the Media's Coverage of Trayvon Martin (Elspeth Reeve/The Atlantic Wire)

Newsosaur / Reflections of a Newsosaur:

Philly papers sold at 10% of 2006 value — After changing hands three times in six troubled years, Philadelphia's legendary newspapers were sold Monday for a tenth of the half-billion dollar price they fetched as recently as 2006. — The stunning plunge in the value of the Philadelphia Inquirer …

Discussion: FishbowlNY

Mike Armstrong / Philly.com:

Local group to buy Phila. Media Network for $55 million — A group of local investors agreed on Monday to buy Philadelphia Media Network Inc., the parent company of The Inquirer, Philadelphia Daily News, and Philly.com, for $55 million with an additional $10 million in working capital for operations.

Discussion: Associated Press, Politico, Forbes, JIMROMENESKO.COM, Media Decoder, @wendywarren, @wendywarren, The Wrap, The Newspaper Guild and Poynter

John Koblin / WWD:

Editors and the ‘Cult of the Brand’ — Just after 1 a.m. on Jan. 31, the editor in chief of Condé Nast's Bon Appétit, Adam Rapoport, looked like he was on an infomercial. Rapoport, in a taped segment on HSN, was working hard at selling Bon Appétit's newly debuted kitchenware.

Paul Smalera / Reuters:

The recession killed journalism - and saved it — Over the last few years, thanks to the global economic crisis - encapsulating everything from the 2008 housing crash to today's ongoing euro zone sovereign-debt debacle - much ink has been spilled about the reshaping of the world's economy, especially about the domestic job market.

Brian Stelter / New York Times:

Robert Redford to Produce a Documentary About Watergate — Rarely does reality intersect with role playing the way it did two Sundays ago in Bob Woodward's living room. — Meeting him there were Carl Bernstein, his writing partner at The Washington Post during the Watergate scandal in the 1970s …

Rupal Parekh / AdAge:

Many Magazines Racing to Capitalize on Pinterest — Publishers Exploring Platform, Watching Rivals' Moves — Last month, digital executives from Hearst's 20 or so titles were summoned for an important meeting at the company's Manhattan headquarters. — The pressing subject was Pinterest …

Thanks:@matt_creamer

Discussion: Journalism.co.uk, New York Times, MinOnline, Folio, paidContent and eMedia Vitals

Tim Carmody / Wired:

How Licensing and Hardware Bottlenecks Confound Magazine Text on the iPad — For the most part, text on the new Retina Display iPad looks amazing. Load a PDF with proper vector-based text onto it, and your document doesn't just look like paper; it looks like perfect paper.

Elspeth Reeve / The Atlantic Wire:

In Defense of the Media's Coverage of Trayvon Martin — The headline on New York Times media critic David Carr's column on media coverage of Trayvon Martin in only five words, “A Shooting, and Instant Polarization,” but it really contains two arguments, neither of which bear up to facts.

Discussion: CJR, Politico, Slate, Mediaite and New York Times

Discussion: The Huffington Post and New York Magazine

Jeff Bercovici / Mixed Media:

Tabloid Tangle: Jim Dolan Accuses Mort Zuckerman of Extortion — Is this the face of an extortionist? Mort Zuckerman. (Image credit: Getty Images via @daylife) — Publishing a tabloid newspaper in New York is not for the timid, but the accusation Cablevision CEO Jim Dolan just leveled …

Discussion: Runnin' Scared, BuzzFeed and The Big Lead

Marisa Guthrie / Hollywood Reporter:

Current TV Retains Crisis PR Experts for Anticipated Battle With Keith Olbermann (Exclusive) — The network retains lawyers and crisis PR experts Mark Fabiani and Chris Lehane, who have represented Bill and Hillary Clinton and Lance Armstrong. — Current TV has hired crisis public relations …

Discussion: Mediaite and ThinkProgress

Discussion: Media Decoder, Capital New York, NewsTrust and Poynter

Sonia Paul / Mashable:

iPhone Documentary Takes on Syria: Is This the Future of Journalism? — An anonymous undercover reporter for Al Jazeera has captured the Syrian uprising in a first-of-its-kind-documentary — recorded on an iPhone. — The 25 minute documentary, “Syria: Songs of Defiance,” aired on Al Jazeera's show People & Power earlier this month.

Brian Stelter / Media Decoder:

A Report for the Web, on TV — When Stone Phillips, formerly of “Dateline NBC,” learned of a first-of-its-kind study in 2010 at Virginia Tech about the effects of head impacts on youth football players, like the kind that he sustained as a high school and college player, his journalistic instincts kicked in.

Lucia Moses / Adweek:

Bloomberg and Reuters: The Future of News — There's no mistaking where Andy Lack feels Bloomberg LP is positioned versus its competitors. “We may be the last man standing,” says Lack, who oversees the news organization's multimedia operations. — A veteran of network television …

Discussion: eMedia Vitals

Jim Edwards / Business Insider:

Why Buzzfeed's Newest Blogger, ‘Copyranter,’ Threatened To Assault Me On His First Day At Work — I was delighted to learn today that Copyranter, a closely followed and extremely funny blogger about advertising, got a new job with Buzzfeed, the social-media content play of Jonah Peretti.

Discussion: FishbowlNY and Adweek

David Carr / Media Decoder:

Judge Clarifies That Bloggers Can Be Journalists (Just Not One in Particular) — Back in December, United States District Court Judge Marco A. Hernandez created a stir by seeming to suggest that bloggers are not journalists as defined by Oregon's shield law.

Discussion: Law Blog and Free Press

Discussion: Forbes

Ilaina Jonas / Reuters:

Goldman fund to exit company owning sex traffic site — A private equity fund run by Goldman Sachs Group Inc (GS.N) has agreed to sell its stake in the media company that runs a sex trafficking forum back to company's management, a spokeswoman said on Sunday.

Discussion: CNBC and business.time.com