Mediagazer: It has finally dawned on the Murdochs that James' days at BSkyB are numbered (Katherine Rushton/Telegraph)

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, Media Decoder, JIMROMENESKO.COM, Poynter, @wendywarren, @wendywarren, The Wrap and The Newspaper Guild

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, BtoB Magazine and eMedia Vitals

Matt Chaban / The New York Observer:

T-Squared Off: With Paul Goldberger Leaving for Vanity Fair, Is This the End of Architecture Criticism at The New Yorker? — Tis a far, far better thing I do... (PriceTower.org) — There are two great thrones in American architectural criticism, that of The New Yorker and The New York Times.

Discussion: Capital New York, The Huffington Post, FishbowlNY, JIMROMENESKO.COM and LA Observed

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.

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.

Katherine Rushton / Telegraph:

It has finally dawned on the Murdochs that James' days at BSkyB are numbered — BSkyB, knowing the game is up, is staging a dignified exit for James Murdoch, writes Katherine Rushton. — James Murdoch's best defence over the phone hacking scandal went from being ‘none of my staff told me’ to 'my staff told me but I didn't notice'

Discussion: Reuters and Deadline.com

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: BuzzFeed, The Big Lead and Runnin' Scared

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, Slate, Mediaite, Politico and New York Times

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.

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.

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.

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

Adam Martin / The Atlantic Wire:

Goldman Sach's Backpage Panic Is Real, Costly — It's not quite enough to make one feel bad for Goldman Sachs, but the panic kicked off by Nicholas Kristof's reporting on the investment bank's stake in Backpage.com was so obvious we're inclined to believe the firm might not have known …

Discussion: CNBC and business.time.com