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4:50 PM ET, June 7, 2012

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 Top News: 
Harry Shearer / CJR:
The Sometimes Picayune  —  Want to damage New Orleans (again)?  Decimate its newspaper  —  Here, for your reading pleasure, are two familiar cliches: 1.  New Orleans is a unique city.  2. The newspaper business is changing.  Several days ago, when it was announced that The Times-Picayune …
Discussion: Fortune
RELATED:
Josh Stearns / CJR:
New Orleans and the future of news  —  Media policy matters, and journalists ought to weigh in  —  Last week's announcement that the New Orleans Times-Picayune would be slashing its staff and cutting its print run to just three days a week has sparked a new round of debates about the future of news.
Mathew Ingram / GigaOM:
Don't just liquidate your newspapers — reinvent them
Discussion: NetNewsCheck Latest
Julie Moos / Poynter:
'I'm not going to read the paper online': New Orleans photographer documents locals reading the Times-Picayune
Discussion: TheLensNola.org and Fair Grinds
Adam Martin / The Atlantic Wire:
Chuck Klosterman Is The New York Times Magazine's New Ethicist  —  Update (2:04 p.m. EDT): Klosterman, a music and culture critic best known for his Esquire column Chuck Klosterman's America and the book Sex, Drugs, and Cocoa Puffs, confirmed via email that he starts his new gig this weekend.
RELATED:
Andrew Beaujon / Poynter:   New York Times' new Ethicist Chuck Klosterman: 'I always prefer discussing other people's problems'
Michael Calderone / The Huffington Post:
Dean Baquet Defends New York Times Amid Leak Controversy: 'We Can't Edit A Paper For Our Critics'  —  NEW YORK — Dean Baquet, managing editor of The New York Times, defended his paper's national security coverage after members of Congress called for an investigation into the leaking …
Discussion: Guardian and FishbowlNY
RELATED:
Jack Mirkinson / The Huffington Post:
New York Times Leak Controversy Escalates
Discussion: C-SPAN
Michael Massing / CJR:
When watchdog meets lapdog
Dylan Byers / Politico:
New York Times responds to John Kerry
Dylan Byers / Politico:   Kerry questions NYT decision to run stories
Jennifer Saba / Reuters:
Analysis: In scare for newspapers, digital ad growth stalls  —  (Reuters) - As more newspapers cut back on print to reduce costs and focus on their websites, a troubling trend has emerged: online advertising sales are stalling.  —  In the first quarter, digital advertising revenue …
Leonard Downie Jr / Washington Post:
Forty years after Watergate, investigative journalism is at risk  —  Investigative reporting in America did not begin with Watergate.  But it became entrenched in American journalism — and has been steadily spreading around the world — largely because of Watergate.
Bloomberg:
As Tribune Nears Exit From Three-Year Bankruptcy, Big Papers Could Sell  —  Los Angeles Times and Chicago Tribune Most Likely to Attract ‘Vanity Buyers’  —  Tribune Co. begins its last big court fight today, one of two steps remaining before the publisher exits bankruptcy into a newspaper market where values have dropped by half.
Discussion: Guardian
RELATED:
Michael Oneal / Chicago Tribune:
Tribune, creditors to present plan to leave bankruptcy
Laura Hazard Owen / paidContent:
B&N: DOJ e-book suit endangers consumers, bookstores and copyrighted expression  —  In a complaint sent to the Department of Justice this morning, Barnes & Noble says that the DOJ's proposed settlement with HarperCollins, Hachette and Simon & Schuster for allegedly colluding to fix e-book prices …
Amy Chozick / Media Decoder:
Columbia Accepts Assad Aide Who Was Helped by Barbara Walters  —  The young aide to President Bashar al-Assad of Syria who received an endorsement from the longtime television correspondent Barbara Walters was accepted into a prestigious graduate program at Columbia University, the school said on Thursday.
Andrew Beaujon / Poynter:
Oliver North uses Maureen Dowd plagiarism defense  —  Fox News Insider took down Oliver North's Memorial Day column last month after NYU journalism professor Michael Norman complained that it contained a passage lifted verbatim from his memoir.  —  Some classic Fox editorial moves followed, Paul Farhi reports:
Dylan Byers / Politico:
Scarborough rips Times for biased coverage  —  Morning Joe co-host Joe Scarborough went off on the New York Times today for a front-page article in its Home section featuring neighbors' complaints about Mitt Romney's $12 million house in La Jolla, San Deigo.
Joe Pompeo / Capital New York:
The ‘Times’ shuffles the deck, again, on the education beat  —  The journalists who produce The New York Times' education report have seen a fair amount of change in recent months.  In February, Jodi Rudoren, the paper's education editor at the time, accepted a new post: To take the place of Ethan Bronner as Jerusalem bureau chief.
Jim Romenesko:
Winners of Livingston Awards announced  —  The Livingston Awards go to journalists under the age of 35.  The prize is $10,000.  This year's winners: * Local reporting.  Andrew McLemore, 25, of The Williamson County (Texas) Sun for “Until Proven Innocent.”  * National reporting.
 
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 More News: 
Jim Romenesko:
Berkeley panel recommends new j-school dean
Andrew Beaujon / Poynter:
Labatt won't sue newspaper for running photo of alleged cannibal holding its beer
David Meyer / GigaOM:
E-book upstart Txtr signs majors for U.S. push
Reuters:
News Corp buys Disney stake in Asian sports JV
Discussion: Wall Street Journal and The Wrap
 Earlier Picks: 
Reuters:
Shares of Lee Enterprises Surge After Buffett Buys Stake
Discussion: JIMROMENESKO.COM
Jeff Bercovici / Mixed Media:
Salon's CEO Switch Is Also A Strategic Pivot
John Eggerton / Broadcasting & Cable:
House Subcommittee Passes Bill That Would Block FCC Political File Rule
Merrill Knox / TVNewser:
John Moody Returns to Fox News as Executive Editor; Michael Clemente Promoted to EVP
 

 
From Techmeme:

Jason Del Rey / Re/code:
Apple partnering with American Express to let iPhone 6 owners use their phone to pay for goods in physical stores

John Paczkowski / Re/code:
Veteran Tech Journalist Anand Shimpi Headed to Apple

Farhad Manjoo / New York Times:
Uber and Lyft are becoming indistinguishable commodities to riders and drivers both

 
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