Top News:


Status Update — So first thing's first: We're not being sold! Instead, we've just hired a bunch of brilliant writers and a new COO. Also, we've seen a resurgence of community support (with over a thousand people attending our NYC meetup last night, for example), are back around 12% …
Discussion:
@eldon, @jayrosen_nyu, @nero, PandoDaily, @jayrosen_nyu and Talking Biz News
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Tim Armstrong Says AOL Plans to Invest in TechCrunch and Engadget, Not Sell Them — Domestic Display Advertising Falls as Activist Investor Seeks Shakeup — AOL reported a 4% drop in average monthly visitors to AOL owned-and-operated properties, when it reported first-quarter earnings on Wednesday.
Discussion:
Media & Entertainment, Business Insider, FishbowlNY and VentureBeat


Sources Say AOL Seeking Buyers for Engadget and TechCrunch, Arrington “Not In The Least Bit Interested” — We weren't sure about this one at first, but now we have two independent sources confirming that AOL is exploring the sale of its cornerstone technology sites Engadget and TechCrunch.

Why Doesn't AOL Just Sell The Huffington Post? — (Image credit: Getty Images for AOL via @daylife) — There's not much of AOL that's not in play these days, one way or another. In response to a report that the company is looking to sell TechCrunch and Engadget, chairman Tim Armstrong …
Discussion:
paidContent


DDOS attack: Ustream down, Bambuser under heavy load — Updated. Ustream has been unavailable this morning, and Bambuser has been under a heavy load of unusual traffic due to what looks like a distributed denial-of-service (DDOS) attack against both live streaming providers.
Discussion:
PC Magazine, Business Insider, CNET and VentureBeat
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Ustream Says Russian Citizen Journalist Is The Focus Of Today's DDoS Attack — Developing story: Ustream has sent out some details on the DDoS attack that is currently attacking its system — which was reported on earlier by GigaOm, along with another DDoS attack on Bambuser.


News Corp.'s Chase Carey defends boss Rupert Murdoch, as price tag on phone-hack scandal reaches nearly $170 M. — News Corp. president and chief operating officer Chase Carey offered an impassioned defense of his boss, Rupert Murdoch, on Wednesday afternoon.
Discussion:
Guardian, Media Decoder, Media Money … and The Wrap
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News Corp.'s hacking tab so far this year: $167 Million
Discussion:
Forbes


Leveson inquiry obsessed with print, claims Mail Online publisher — The publisher of Mail Online has urged the Leveson inquiry to stop “obsessing” with the “last war” over print media and to concentrate on the real “elephant in the room” - the battle for internet readers.
Discussion:
Journalism.co.uk, Guardian and Media Week
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Milly Dowler: truth about deletion of messages may never be known
Discussion:
Guardian

News International misses another accounting deadline
Discussion:
Press Association

Sun-Times parent to buy Chicago Reader for $3 million — (Crain's) — Wrapports LLC, the parent of the Chicago Sun-Times, is poised to purchase the Chicago Reader as soon as next week for about $3 million, according to sources familiar with the transaction.
Discussion:
Change of Subject, @milesraymer, @jcstearns and @sethlavin

ABC Bungles Obama Gay Marriage Scoop — President Obama's announcement of his support for same-sex marriages this afternoon was touted as a major win for network TV, getting the scoop over cable and the noisy clamor of the Internet. Yet, what looked to be an airtight scoop for the network appears …
Discussion:
@brianstelter, Washington Examiner and @producermatthew
RELATED:

Robin Roberts interview with Obama a coup for ‘Good Morning America’
Discussion:
Erik Wemple, Politico and Capital New York


Conservative author Jonah Goldberg drops claim of two Pulitzer nominations — On the dust jacket of his new book, “The Tyranny of Clichés: How Liberals Cheat in the War of Ideas,” best-selling conservative author and commentator Jonah Goldberg is described as having “twice been nominated for a Pulitzer Prize.”
Discussion:
Erik Wemple, The New York Observer, Gawker, FishbowlDC, Mediaite, The Huffington Post, mediabistro.com, JIMROMENESKO.COM and Mother Jones


Amazon snags another book industry vet: Sara Nelson, former Publishers Weekly EIC — Just about a year after it hired publishing industry vet Larry Kirshbaum to launch a New York-based imprint and office, Amazon is announcing a new high-profile hire: Sara Nelson, the former books editor for Oprah's …
Discussion:
GalleyCat and Publishers Weekly