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Why Anonymity Matters — Gawker Media is flying in the face of conventional media wisdom. While other outlets are doing away with anonymity, we've built anonymous accounts into our new comment system. We'll accept some disorder if that's the price of freedom in one's personal life, in politics and the press.
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Guardian
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Gawker: We want to elevate the discourse about frogs who sit like humans
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Gawker, Adweek, Betabeat, GigaOM, the Econsultancy blog, @fishbowlny and Lifehacker


Murdoch flatters Huffington Post — The headline from Politico's Dylan Byers: “Murdoch belittles the Huffington Post.” That judgment stems from the comments that News Corp.'s bigwig made today before the Leveson Inquiry, which is starting to sound more like the Leveson Seminar on Newspaper Business and Ethics.
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Rupert Murdoch on the Future of News … On Thursday, the second day of Rupert Murdoch's testimony in London during a British inquiry into media ethics, he took a question about new regulations on the press to expound at some length on the future of journalism.
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Online NewsHour, FishbowlNY, Media Law Prof Blog and AdAge

Murdoch belittles the Huffington Post
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The Huffington Post, Politico, The New York Observer and Guardian

Hunter turns hunted as Murdoch “harassed” by press — Rupert Murdoch described on Thursday being “mobbed” and “harassed” by journalists and paparazzi, in an exchange rich with irony during his testimony at a judicial inquiry on press ethics prompted by criminal behaviour at one of his papers.
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Murdoch: There was a ‘cover-up’ at News of the World
Discussion:
Jon Slattery, CJR, Guardian, @skynewsbreak, BBC, paidContent, Reuters, News Desk, Broadcasting & Cable, The New Yorker Blog, Guardian, WebProNews and Vanity Fair

Murdoch: I should have closed News of the World earlier
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New York Times, @hayley_barlow, @benfenton, @dansabbagh, @lisaocarroll, Poynter, Guardian, Guardian, Journalism.co.uk, Telegraph, Press Gazette and Media Week


New York Times R&D Group Launches First Commercial Product (and It's for Brands) — Ricochet Helps Brands Drive Traffic to Relevant Articles, Surrounded by the Right Ads — The New York Times R&D Lab has spent the last six and a half years building what its chief calls the equivalent of “concept cars” for the media world.
Discussion:
paidContent and NetNewsCheck Latest

Journatic founder: ‘Being based in the community is not beneficial’ — Brian Timpone sounded frustrated by press coverage of Journatic when he commented on a Mathew Ingram post this morning linking to a story that mentioned the Chicago Tribune had tapped his company to operate its TribLocal network.
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Providence Said Selling Hulu Stake at $2 Billion Value — Hulu.com owners Walt Disney Co. (DIS), Comcast Corp. (CMCSA) and News Corp. (NWSA) are close to buying out Providence Equity Partners Inc.'s stake at a price that values the company at $2 billion, said two people with knowledge of the matter.
Discussion:
Media Decoder, paidContent, VentureBeat, AllThingsD, Mashable!, Media Money …, Wall Street Journal, Reuters, Deadline.com, Digital Media Wire and Business Insider


Amazon's Q1 2012: Revenue Up 34 Percent To $13.2B, Net Income Down 35 Percent — Amazon just reported earnings for the first quarter of 2012. Net sales increased 34% to $13.18 billion in the first quarter, compared with $9.86 billion in first quarter 2011.
Discussion:
Forbes, Business Wire, MarketWatch, Home Media Magazine, VentureBeat, CNET, paidContent, GeekWire, Digital Book World, @publisherswkly, The Next Web, @tcarmody, GalleyCat and parislemon


Ofcom extends BSkyB investigation — Media regulator asks News Group Newspapers to provide papers relating to civil litigation in which Murdoch firm is involved — Ofcom has escalated its investigation into whether BSkyB remains a “fit and proper” owner of a broadcasting licence.
Discussion:
Journalism.co.uk, Guardian and Guardian
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Vogue's flattering article on Syria's first lady is scrubbed from Web — It may have been the worst-timed, and most tin-eared, magazine article in decades. — “Asma al-Assad is glamorous, young, and very chic — the freshest and most magnetic of first ladies,” writer Joan Juliet Buck began …
Discussion:
New York Magazine, mediabistro.com and magCulture.com/blog


Why Netflix can still win — As volatile Nasdaq reactions go, Netflix's 15 percent stock-price slide this week is — from the perspective of investor psychology, at least — almost as disturbing as the much bigger 71 percent market cratering the company endured last year.
Discussion:
Seeking Alpha

Groups Seek Senate Review of Universal-EMI Deal — Opponents of the Universal Music Group's $1.9 billion bid for EMI's record labels are asking the Senate Judiciary subcommittee on antitrust issues to examine the deal, raising the possibility of Senate hearings.


Broadcasters' Last Ditch Push to Hide Political Ad Data — With the Federal Communications Commission set to vote Friday on whether to require broadcasters to post political ad data online, the industry has been scrambling to water down the proposed rule. — The data is currently available only on paper at TV stations.
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New York Times, OpenSecrets.org and Free Press
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FCC wants to put political ad data online; broadcasters balk
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Company Town

Somber tones, and attacks on Rupert Murdoch, at Overseas Press Club awards gala — Joao Silva. Dan Rosenblum — As Marie Colvin is laid to rest, news organizations assess the dangers of reporting from inside Syria — For Tim Hetherington's close friend and ‘Restrepo’ subjects …
Discussion:
Lists, Guardian, The Daily Beast and FishbowlNY