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3:45 AM ET, May 1, 2012

Mediagazer

 Top News: 
Drew Olanoff / The Next Web:
Rumor: Digg to be acquired by The Washington Post (updated: site will remain, tech team transfers)  —  With a history only fitting an Internet business, Digg has seen the highest of the highs and the lowest of the lows, and everywhere in between.  —  We've received a tips from multiple sources …
RELATED:
Anthony Ha / TechCrunch:
The Digg Team Is Going To WaPo, But The Assets Aren't  —  Has The Washington Post acquired Digg, as reported in The Next Web?  Sort of.  —  We're hearing that the Post has hired the Digg team, but is not acquiring the site or the technology.  In other words, this is a talent acquisition …
Claire Atkinson / New York Post:
Hulu, networks to change model of free streaming  —  Viewers who stream network TV shows may soon discover the free ride is not so free.  Hulu, which attracted 31 million unique users in March under a free-for-all model, is taking its first steps to change to a model where viewers …
Dylan Byers / Politico:
Woodward rejects new Watergate claims  —  Bob Woodward is strongly disputing a new report in which it is revealed that his mentor, legendary Washington Post editor Ben Bradlee, once expressed “fear in my soul” that Woodward had embellished for dramatic effect certain key details of his reporting on the Watergate scandal.
RELATED:
Mike Allen / Politico:   Ben Bradlee, Sally Quinn defend Bob Woodward
Dylan Byers / Politico:
Himmelman, NY Mag defend Woodward-Watergate story
Kevin C. Tofel / GigaOM:
A brief history of Microsoft's e-reader efforts  —  Although Microsoft invested $300 million in a Barnes & Noble spin-off on Monday, this isn't the first time Microsoft played the e-book game.  Typical for the company, it often has great ideas, but it errs on the timing.
Discussion: Digital Book World and paidContent
RELATED:
Ingrid Lunden / TechCrunch:
Microsoft Makes $300M Investment In New Barnes & Noble Subsidiary To Battle With Amazon And Apple In E-books
Sayantani Ghosh / Reuters:
Demand Media on M&A radar after failed buyout bid; shares soar  —  (Reuters) - Shares of Demand Media Inc (DMD.N) rose 31 percent on Monday, following reports that an offer to take the company private fell through over the weekend, fuelling hopes that the online content provider may be up for grabs.
Lucy Manning / ITV News:
Exclusive: Three former News International executives misled Parliament  —  The long-awaited and potentially explosive report on phone hacking from the Commons Culture, Media and Sport Select Committee is due tomorrow morning.  MPs had their last meeting this morning to sign off the report and ITV News can reveal some of the findings.
Discussion: New York Magazine and Guardian
RELATED:
Amy Chozick / New York Times:
Scandal and Scrutiny Hem In Murdoch's Empire
John Plunkett / Guardian:   News Corp's Sky stake a ‘problem’ for broadcaster, says shadow minister
BBC:
The Pirate Bay must be blocked by UK ISPs, court rules  —  The Pirate Bay is hosted in Sweden, where it has an active supporter base  —  File-sharing site The Pirate Bay must be blocked by UK internet service providers, the High Court has ruled.  —  The Swedish website hosts links to download mostly pirated free music and video.
Keith Matheny / USA Today:
College newspapers feel financial pinch  —  Editor Joseph Valdez says he has seen his newspaper's budget “cut drastically” the past two years.  His print paper may soon be eliminated, as the push continues to take news to what many see as newspapers' ultimate destination: the Internet, with all of its uncertain profitability.
Discussion: College Media Matters
Jeff Bercovici / Forbes:
Dan Rather: Mark Cuban Has The Guts My CBS Bosses Lacked  —  Don't make the mistake of thinking that Dan Rather's angry.  Sure, almost eight years after the events that led to his forced departure from CBS News, and three years after his defeat in a $70 million lawsuit stemming from those events …
Discussion: The Atlantic Wire
Andrew Beaujon / Poynter:
Lawyer: Student likely owns falling bear photo, not newspaper  —  On Saturday the Associated Press issued a “photo elimination” of Andy Duann's falling bear pictures, advising its members to “eliminate from your systems and archives” AP's “Campus bear” photos shot by Andy Duann and credited …
Discussion: Mashable!
Alexis Madrigal / The Atlantic Online:
Where Do All Those BuzzFeed Cute Animal Pictures Come From?  —  BuzzFeed founder Jonah Peretti discusses the copyright implications of all the adorable cats, disappointed otters, and worried monkeys that grace the site.  —  It all started when I was looking at a photograph of an otter that was …
Michael Calderone / The Huffington Post:
‘The American Prospect’ Magazine May Close In May  —  The American Prospect, an influential liberal politics and policy magazine, could shut its doors at the end of May unless the nonprofit publication raises a half million dollars to fill a current funding gap.
Discussion: LA Observed, FishbowlNY and FishbowlDC
Ben Sisario / Media Decoder:
Cumulus, a Growing Radio Power, Sells 55 Scattered Stations  —  Cumulus Media, the nation's second-largest broadcaster, has sold 55 stations and gained 10 others as part of an effort to move into larger, more closely clustered markets.  —  The company announced on Monday that it would sell the stations …
 
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 More News: 
Erik Wemple:
New York news site hires new people!
Discussion: The New York Observer
 Earlier Picks: 
Mathew Ingram / GigaOM:
What is the purpose of a newspaper?  —  Reuters blogger Felix …
Discussion: Journalism.org
 

 
From Techmeme:

Re/code:
Larry Page reorgs staff, transfers leadership of core Google products to Sundar Pichai

Kelly Hodgkins / MacRumors:
AT&T Locking Apple Interchangeable SIMs in iPad Air 2 and Retina Mini 3

Liz Gannes / Re/code:
Nest Acquires Home Automation Hub Revolv, but Will Stop Selling It

 
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