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3:25 PM ET, April 6, 2012

Mediagazer

 Top News: 
Dylan Byers / Politico:
Current TV denies Olbermann allegations  —  Current TV has forwarded its complete legal response to the lawsuit filed yesterday by Keith Olbermann, in which he charged the network with wrongful termination of his five-year contract.  —  “Current generally denies each and every allegation …
RELATED:
Dylan Byers / Politico:
Current TV responds to Olbermann's lawsuit
Discussion: The Raw Story and Mediaite
Bill Carter / Media Decoder:
Matt Lauer to Stay With NBC's ‘Today’ Show  —  NBC News has signed Matt Lauer to a new multiyear contract to remain as the co-host of the “Today” show, addressing one of the division's most pressing issues.  —  The news will be announced formally on the air during the show Friday morning.
RELATED:
Brian Stelter / Media Decoder:
On Air, an ‘Excited’ Matt Lauer Confirms His Plans
Kara Swisher / AllThingsD:
Exclusive: Yahoo's Chief Product Officer Blake Irving Resigns  —  According to sources close to the situation, Yahoo's Chief Product Officer Blake Irving has turned in his resignation and it has been accepted by the company.  —  The process for Irving's departure is a bit more formal since …
Reuters:
NBC probe centers on staffer in shooting story error  —  (Reuters) - An internal NBC News probe has determined a “seasoned” producer was to blame for a misleading clip of a 911 call that the network broadcast during its coverage of the Trayvon Martin shooting, according to two sources at the network.
Nat Ives / AdAge:
NFL Magazine Shutting Down After Four Issues  —  League Ends Relationship With Publisher  —  The National Football League is shutting down NFL Magazine after just four issues.  —  The NFL has ended its business relationship with Dauphin Media Group, the company it hired to publish …
Duane Dudek / JSOnline:
All 4 TV news operations report staffers who signed recall petition  —  The tempest in a teapot that I've dubbed “petition-gate” has grown to include all four local TV news organizations.  —  WISN-TV (Channel 12), WTMJ-TV (Channel 4), WITI-TV (Channel 6) and WDJT-TV (Channel 58) …
Adrienne LaFrance / Nieman Journalism Lab:
OC Register assigns 70 reporters to cover one baseball game  —  Usually, when the majority of reporters in a newsroom rallies around coverage of a single story or event — floods the zone, you might say — something really big is breaking.  Maybe a mass shooting, a tsunami, or a terrorist attack.
Lance Whitney / CNET:
More people using TV and tablets at same time  —  A new global survey from Nielsen finds more people busying themselves with their tablets and smartphones while sitting in front of the TV.  —  Follow @lancewhit  —  Do you check e-mail while you watch TV?  If so, you're far from alone.
Gideon Spanier / The Independent:
Cost of hacking to Murdoch's empire so far: £239,000,000  —  Rupert Murdoch has run up losses of almost a quarter of a billion pounds from the closure of the News of the World, and costs from the hacking scandal are set to soar further.  Annual accounts for News Group Newspapers (NGN) …
Tom Cheredar / VentureBeat:
Media companies & ISPs outline plan to stop piracy  —  Another cog has fallen into place for the music and movie industries' plan to transform major internet service providers into a copyright violation task force.  —  Today ISPs and media companies announced new plans for the Center …
Steve Buttry / The Buttry Diary:
Dear Newsroom Curmudgeon,  —  I sometimes share your anxiety and occasionally share your concerns about some of the changes in journalism.  I learned journalism in the old school, same as you.  I am steeped in the same values of accuracy, fairness, dogged reporting and good writing that you cherish.
Discussion: JIMROMENESKO.COM
James Eng / msnbc.com:
‘Three Cups of Tea’ author Greg Mortenson must pay $1 million to charity  —  Award-winning “Three Cups of Tea” author Greg Mortenson has agreed to pay $1 million to a nonprofit he co-founded to settle allegations that he misspent charity money on personal items such as plane flights …
 
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 More News: 
Bloomberg:
Apple Preparing to Defend Price Agreement With Publishers
Discussion: ZDNet
Andrew Beaujon / Poynter:
NYU releases list of ‘100 Outstanding Journalists’
Stefanie Botelho / Folio:
Next American City to Relaunch Site, Debut Long-Form E-Singles
 Earlier Picks: 
David Folkenflik / NPR:
The Roots Of An Empire: Rupert Murdoch's Australia
Discussion: Guardian, Capital New York and Guardian
Tim Elfrink / Riptide 2.0:
Anders Gyllenhaal, Ex-Miami Herald Editor, Made Almost $1.3 Million at McClatchy Last Year
Andrew Beaujon / Poynter:
Gannett offers 594 buyouts, begins accepting offers this week
 

 
From Techmeme:

Alphabet:
Alphabet Q1: revenue up 15% YoY to $80.5B, net income up 57% to $23.7B, Google Cloud revenue up 28% to $9.6B, and headcount down 5%; GOOG jumps 11%+ after hours

Microsoft:
Microsoft Q3: revenue up 17% YoY to $61.9B, net income up 20% to $21.9B, Office Commercial revenue up 13%, LinkedIn revenue up 10%; MSFT jumps 4%+ after hours

Kif Leswing / CNBC:
Intel reports Q1 revenue up 9% YoY to $12.72B, vs. $12.78B est., Data Center and AI up 5% to $3B, and Q2 revenue guidance below est.; INTC drops 7%+ after hours
 
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