Mediagazer: Why Variety's street value has plummeted in 4 years (Daniel Frankel/paidContent)

10:10 AM ET, April 4, 2012

Top News:

Roy Greenslade / Guardian:

News International misses deadline to file its accounts — News International has failed to meet the Companies House deadline to file its accounts and has asked for a month's extension. — The company, which trades under the name of NI Group Ltd, made the request following its failure …

Discussion: Media Week, Company Town and AllThingsD

Lucy Manning / ITV:
Report likely to accuse hacking witnesses of misleading parliament

Discussion: paidContent

Paul McNally / Journalism.co.uk: QC defends scope of original phone-hacking prosecution

Dominic Rushe / Guardian:
News Corp shareholders renew call for Rupert Murdoch to step down

Discussion: Media News, business.time.com, Guardian, Media Week, AllThingsD and Guardian

Marc Berman / New York Post:

Keith needed ‘Diva’ limos e-mails reveal — Liberal bloviator Keith Olbermann spent his last days at Current TV driving colleagues nuts with rants about “smelly” drivers who had the audacity to talk to him, according to startling e-mails obtained by The Post.

Discussion: Mediaite

Bill Carter / Media Decoder:

Olbermann on Joining Current TV: 'I Didn't Think the Whole Thing Through' — Making his first public statements since being fired from his Current TV anchor position last week, Keith Olbermann told David Letterman Tuesday night that he considered quitting 10 days into the job …

Discussion: mediabistro.com, New York Magazine and TVNewser

Bill Carter / Media Decoder:
Letterman and Ferguson Extend Runs on CBS

Discussion: The Daily Beast, msnbc.com, Hollywood Reporter, Show Tracker, The Wrap, TVNewser, Media & Entertainment, Gawker, Adweek, The Huffington Post, Radio & Television …, Broadcasting & Cable and Splitsider

Peter Kafka / AllThingsD:

Time Inc. Hearst, Conde Nast, Meredith Launch “Netflix For Magazines” — Remember Next Issue Media, the “Hulu for Digital Magazines” consortium made up of the biggest names in publishing? It has finally delivered something worth talking about: Call it Netflix for Magazines.

Discussion: Media Decoder, The New York Observer, Media News, Fast Company, eMedia Vitals, ZDNet, WebProNews, Adweek, TechCrunch, Techland, Canadian Magazines, VentureBeat, Engadget, PhoneArena, Gizmodo, The Verge, Forbes, @pkafka, Digits and paidContent

Jennifer Saba / Reuters:

Ex-Thomson Reuters CEO Glocer gets nearly $20 million — (Reuters) - Former Thomson Reuters Chief Executive Tom Glocer will walk away with almost $20 million in compensation, including $3.1 million in severance to be paid over two years, according to a regulatory filing.

Chris Roush / Talking Biz News:

Reuters editor in chief received $2.7 million in 2011 — Stephen J. Adler, the editor in chief of Reuters, received total compensation of $2.7 million in 2011, according to a filing with the Securities and Exchange Commission. — Adler, who joined the company in 2010 after a stint as editor …

Mathew Ingram / GigaOM:

Instapaper, Readability and monetizing other people's content — There's been a minor furor brewing in the digital-content sphere over the past few days involving Readability, an app and web service that allows readers to save content from any website and read it later …

Discussion: Melville House Books, The Brooks Review and ReadWriteWeb

Matt Buchanan / Buzzfeed: When Republishing Goes Really Wrong: The Random Longreads Generator

Dawn C. Chmielewski / Company Town:

YouTube strikes movie rental deal with Paramount — Google Inc.'s YouTube has struck a movie-rental deal with a fifth major Hollywood studio, Paramount Pictures, adding 500 new titles to its expanding online library. — The addition of Paramount's films brings YouTube's rental library …

Discussion: Online Video News, AdAge, AllThingsD, Home Media Magazine, Marketing Pilgrim and CNET

Andy Boyle:

Stop Calling It A Blog, Please — News organizations, can we all do ourselves a favor? We should stop calling things “blogs.” I know, that probably stings a little, but let me try and explain why. — A little history first: In the early days of News Organizations On The Internet …

Andrew Beaujon / Poynter:

ASME chief responds to criticism of magazine awards — Sid Holt, the chief executive of the American Society of Magazine Editors, says criticisms about how few women were named as finalists for this year's National Magazine Awards are “kind of silly.” — In an email, Holt outlines the awards' process …

Discussion: Capital New York

Alyssa Rosenberg / ThinkProgress:
Women and the National Magazine Awards

Discussion: FishbowlNY, NY Daily News, Culture, JIMROMENESKO.COM, @beccarosen and Poynter

Joe Pompeo / Capital New York:
2012 National Magazine Awards nominees announced

Discussion: Adweek, MPA, mediabistro.com, WWD Media Headlines, @lilianasegura, bookforum.com, Folio, The New York Observer and FishbowlNY

Paul Sawers / The Next Web:

Associated Press partners with Bambuser to bring citizen journalists' videos to the masses — Video-broadcasting service Bambuser was one of our top media apps of 2011, partly due to the role it played in helping to mobilize citizen journalists across the Middle East during the various periods of political uprisings.

Discussion: Journalism.co.uk, Broadcast and Cision

Dave Copeland / ReadWriteWeb:

Twitter Needs to Find a Way to Monetize Big News Events — Twitter will need to think beyond advertisements and find better ways to capitalize on breaking news events if it wants to remain a dominant communication player, according to a startup and marketing expert interviewed by ReadWriteWeb.

Eric Deggans / Tampa Bay Times:

Uncomfortable Matt Lauer interview with Ryan Seacrest a collision of brands and offscreen talks — One of the Today show's other hyped-up interviews to counteract Katie Couric guest hosting Good Morning America fizzled this morning, as American Idol host Ryan Seacrest traveled all the way to New York …

Discussion: Gothamist and The Raw Story

Daniel Frankel / paidContent:

Why Variety's street value has plummeted in 4 years — Four years ago, Dutch-Anglo publisher Reed Elsevier (NYSE: RUK) put its 107-year-old showbiz trade paper, Variety, on the auction block. It ultimately failed to find a buyer willing in the middle of a global recession to pay …

Andrew Phelps / Nieman Journalism Lab:

Why the Denver Post is putting more local news on A1 — Denver Post editor Greg Moore penned a surprising announcement on the front page of the print edition today: “Every day except Sunday, the front page and the first part of Section A generally will be devoted to our metro report …

Discussion: Denver Post, The Latest Word and JIMROMENESKO.COM

Lisa O'Carroll / Guardian:

Rupert Murdoch and son James expected at Leveson inquiry — Rupert Murdoch and James Murdoch are expected to be summoned to the inquiry into press ethics within weeks after Lord Justice Leveson announced he would be calling in newspaper owners to give evidence between now and the middle of May.

Discussion: Media Week