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6:15 PM ET, May 18, 2012

Mediagazer

 Top News: 
Dan Conover / Xark!:
What if we give it away? (w/apologies to REM)  —  Today's news about the Media General/Berkshire Hathaway deal reveals just how dire things have become for our newspaper princes.  Unable to turn their newspapers around, Media General has traded its print properties and a big chunk …
RELATED:
Andrew Beaujon / Poynter:
Survey: 52% of media professionals abandon websites when they hit a paywall  —  A new survey found that more than half of media professionals polled immediately leave a website after encountering a paywall.  One-quarter said they were unlikely to return to the site, and 63 percent …
Andrew Beaujon / Poynter:
Facebook IPO may force journalists to consider their role in the social network's growth  —  Facebook's IPO just created a lot of billionaires.  Probably not that many of them work in journalism.  But journalists, Kristie Lu Stout argues, create part of Facebook's value.
RELATED:
Mathew Ingram / GigaOM:
Facebook's biggest problem is that it's a media company  —  There's been a lot of attention paid to Facebook's business model recently, especially with the news that General Motors has killed a $10-million advertising campaign devoted to the giant social network — not exactly a great sign …
Mariah Blake / Salon:
Coverup at Washington Times  —  Editors knew there was an apparent plagiarist on staff but let him keep writing.  An exclusive look inside the paper  —  During his long career, Arnaud de Borchgrave, a one-time Newsweek correspondent and editor, has earned his share of laurels.
Discussion: Erik Wemple and DC Porcupine
Jason Del Rey / AdAge:
Amazon to Sell Ads on Kindle Fire Welcome Screen — If You Have $600K  —  Amazon Seeks Big Money as It Brings Advertising to Its Hottest Tablet  —  The Kindle Fire is Amazon.com's best-selling product, the company said in its first-quarter-earnings release.  And it's being treated that way by the Amazon ad sales team.
Michael Hastings / BuzzFeed:
Congressmen Seek To Lift Propaganda Ban  —  Propaganda that was supposed to target foreigners could now be aimed at us.  “Disconcerting and dangerous,” says Shank.  —  An amendment that would legalize the use of propaganda on American audiences is being inserted into the latest defense authorization bill, BuzzFeed has learned.
Discussion: @adrianchen
The Huffington Post:
'Reporter's Privilege' Under Fire From Obama Administration Amid Broader War On Leaks  —  RICHMOND, Va. — The Obama administration Friday morning continued its headlong attack on the right of reporters to protect their confidential sources in leak investigations.
Discussion: Capital New York and @mikeriggs
Tom McGeveran / Capital New York:
In a memo, Ricketts tells his news staff his politics have ‘absolutely no impact’ on their work  —  The ‘Ricketts’ playbook obtained by the ‘Times.’  —  Late this afternoon, Joe Ricketts, the founder of AmeriTrade who was the subject of a front-page article in today's New York Times …
Tracie Powell / Poynter:
Amid diversity improvements at NPR, fear and challenges remain  —  As NPR struggles with declining revenue, the public radio organization will have to consider staff changes, but no programs have been targeted.  —  “The [Washington Post] article inaccurately singled out 'Tell …
Discussion: Mediaite
Mark Hosenball / Reuters:
Exclusive: Did White House “spin” tip a covert op?  —  (Reuters) - White House efforts to soft-pedal the danger from a new “underwear bomb” plot emanating from Yemen may have inadvertently broken the news they needed most to contain.  —  At about 5:45 p.m. EDT on Monday, May 7 …
Steve Buttry / The Buttry Diary:
Aggregation guidelines: Link, attribute, add value  —  Aggregation has become a dirty word in much of journalism today.  —  Bill Keller, former editor of the New York Times, last year wrote: “There's often a thin line between aggregation and theft.”  —  Patrick Pexton, Washington Post ombudsman …
Discussion: Erik Wemple
 
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 More News: 
Bloomberg:
‘Pan Am’ May Fly Again As Web Revives Canceled TV Shows
Discussion: Variety and Radio & Television …
Chris Velazco / TechCrunch:
Adobe's Updated Digital Publishing Suite Means More Magazines For The iPhone
Politico:
2012 political TV ads: The rush is on
Discussion: Media Decoder
Philip Elliott / Associated Press:
Mitt Romney Tries To Win Over Reporters With Cookies And Conversation
Discussion: The Huffington Post
 Earlier Picks: 
Josh Stearns / MediaShift:
The First Amendment Should Protect Everyone's Right to Record
Discussion: Save the News and The Daily Beast
Justin Ellis / Nieman Journalism Lab:
They'll do it live: Inside Boston Sports Live, The Boston Globe's new noon sports show
Discussion: The Huffington Post
DealBook:
Spotify's Financing Is Said to Lift Value to $4 Billion
 

 
From Techmeme:

Elizabeth Lopatto / The Verge:
US judge sentences Binance founder Changpeng Zhao to four months in prison

Amazon:
Amazon Q1: revenue up 13% YoY to $143.3B, net income of $10.4B, vs. $3.2B YoY, operating income of $15.3B, vs. $4.8B YoY, subscription revenue up 11% to $10.7B

Jeff John Roberts / Fortune:
The US DOJ says it has charged Roger Ver, a well-known figure from the early days of Bitcoin, with filing false tax returns and more to evade paying nearly $50M

 
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