Mediagazer: The Undoing of the Daily (Christine Haughney/New York Times)

2:25 PM ET, June 4, 2012

Top News:

The Mayor of All Media — As Michael Bloomberg prepares for his post-mayoralty, his media company is also evolving. For decades, Bloomberg LP saw profits soar by selling just-the-facts journalism and financial information to Wall Street traders. That vision, while still wildly profitable …

Discussion: Capital New York, paidContent, New York Magazine, Los Angeles Times, FishbowlNY and Inside Cable News

Dylan Byers / Politico:

Will Bloomberg buy the New York Times? — New York Magazine's Gabriel Sherman has taken a long, well-reported look at what's next for Michael Bloomberg following his tenure as mayor of New York. — Central to whatever lies ahead is the expansion of his media empire, Bloomberg News …

Discussion: Poynter, Capital New York and City Room

Jonathan Berr / InvestorPlace: Bloomberg Can't Save New York Times Co.

Christine Haughney / New York Times:

The Undoing of the Daily — The news waits for no one. But newspapers might start asking readers to — at least for print copies. — Almost two weeks ago, The Times-Picayune in New Orleans, which is owned by Advance Publications, announced it would cut back its print schedule to just three days a week.

Discussion: Blog of New Orleans, Media Decoder, Free Press, Poynter, eMedia Vitals, Big News Network.com, bizjournals and The Ann Arbor Chronicle

Amy Chozick / New York Times:

Sales of Murdoch's New British Sunday Paper Slip — LONDON — Rupert Murdoch has endured a litany of blows in the unending phone-hacking scandal at his British tabloids. But one setback isn't happening in Parliament, but on Britain's newsstands. The Sun, a brash daily tabloid …

Discussion: The Huffington Post

David Carr / New York Times:

CNN Hires Bourdain, in a Bet on Lifting Stalled Ratings — Michael K. Williams played Omar Little, the righteous stickup man in “The Wire,” and now plays Chalky White, the bootlegger on “Boardwalk Empire,” so he is a big deal in the Brooklyn housing projects where he grew up.

Discussion: TVNewser, Erik Wemple, Inside Cable News, Chickaboomer and Prof Chris Daly's Blog

Mike Masnick / Techdirt:

AOL Threatens Blogger With Copyright Infringement Charge... For Doing The Exact Same Thing AOL Has Done On A Large Scale — There have been plenty of accusations made against AOL's the Huffington Post concerning its habit of “over aggregating” content from other sites.

Henry Blodget / Business Insider:

Don't Mean To Be Alarmist, But The TV Business May Be Starting To Collapse — In the first decade of the commercial Internet—the 1990s and early 2000s—there were frequent murmurings that newspapers were screwed. — The digital audience didn't read newspapers, people pointed out. They visited web sites.

Discussion: Fortune and The Daily Caller

Noah Rothman / Mediaite:

Radio Host Neal Boortz To Retire, Will Be Replaced By Herman Cain — Long-time conservative radio talker Neal Boortz will announce his retirement today, according to a report. The announcement that contains Boortz's retirement also says that former GOP presidential candidate Herman Cain will replace him early next year.

Discussion: Media Decoder, Radio & Television … and The New Yorker Blog

Anna Heim / The Next Web:

BiblioCrunch relaunches as an e-book services marketplace that helps publishers find talent — BiblioCrunch's e-book services marketplace is now open to the public, the New York-based startup announced today, right on time for Book Expo America. According to its CEO Miral Sattar …

Chris Ariens / TVNewser:

Margaret Brennan Joining CBS News — Margaret Brennan, the former Bloomberg TV anchor is joining CBS News, TVNewser has learned. Brennan will be a correspondent principally assigned to the State Department but will also serve as a general assignment reporter in Washington, DC.

Discussion: Broadcasting & Cable and Business Insider

Pandora Young / FishbowlLA:

James Rainey Writes Moving Tribute to Murdered Brother — Via Facebook, Los Angeles Times media critic James Rainey shares a loving remembrance of his older brother, chiropractor Robert Rainey, who was killed last week at his Venice boulevard office in Palms.

Discussion: JIMROMENESKO.COM, Los Angeles Times and LA Observed

Xeni Jardin / Boing Boing:

NYT: “MEN invented the internet” — What a steaming turd of an opening line in David Streitfeld's otherwise serviceable New York Times piece about the Ellen Pao/Kleiner Perkins sexual harassment lawsuit, and gender discrimination in Silicon Valley. — Here's the opening graf (bold-ing, mine):