Mediagazer: YouTube's Gigantic Year Is Already Here, Citi Says (Peter Kafka/AllThingsD)

6:30 PM ET, June 22, 2012

Top News:

NBC News Faces Shift in Television Dominance — NBC News has long been a dominant presence on network television, regularly winning the ratings competition against its evening news and Sunday morning political show competitors, and reveling in the “Today” show's 16-year winning streak in morning television …

Discussion: Media Decoder, Prof Chris Daly's Blog, Washington Free Beacon, Chickaboomer and Politico

Wall Street Journal:

‘Today’ Is Just Part of Slip In the Stature of NBC News — When news broke that NBC was in talks to replace Ann Curry on the “Today” show, much was made of the fact that the morning program had briefly slipped out of its No. 1 spot in the morning-show ratings recently for the first time in 16 years.

Discussion: Los Angeles Times, Business Insider, New York Magazine and TVNewser

Brian Stelter / Media Decoder:
In Magazine Interview, Curry Talks of Future on ‘Today’

Discussion: lhj.com, JIMROMENESKO.COM, Los Angeles Times, Lists and The Week

Jack Shafer:
Turning the morning news into soap opera

Discussion: Gawker, On The Air, The Daily Beast and The Daily Caller

Peter Kafka / AllThingsD:

YouTube's Gigantic Year Is Already Here, Citi Says — Is Google making money off of YouTube? You betcha, Google execs told shareholders today, without offering the slightest bit of detail. Par for the course. — So, in lieu of real numbers from Google, here's a Wall Street estimate: Google is making a ton of money from YouTube.

Discussion: Media Money … and Fortune

Edmund Lee / Bloomberg:

New York Times Said To Seek Tech-Savvy CEO For Comeback — New York Times Co. (NYT), seeking a chief executive officer who can reverse a six-year sales slump, is looking for a tech-savvy executive to help wring more revenue from the Internet, according to people familiar with the matter.

Dylan Byers / Politico:

POLITICO reporter suspended for remarks — POLITICO reporter Joe Williams has been suspended pending review of recent controversial comments he made on television and Twitter, POLITICO editors informed staff late Thursday night. — On MSNBC today, Williams made a remark suggesting Mitt Romney …

Discussion: FishbowlDC, The Caucus, BREITBART.COM, Washington Free Beacon, Erik Wemple, Poynter, New York Magazine, The Daily Beast, Business Insider, The Daily Caller, The Raw Story, Mediaite, TVNewser and JIMROMENESKO.COM

Adi Robertson / The Verge:

Library ebook lending stalls due to confusion, despite widespread interest — More than half of Americans have a library card, and many library systems offer ebook lending. But among people who read ebooks, only 12 percent have borrowed one from the library in the past year, found a Pew Internet and American Life study.

Discussion: Pew Internet, paidContent, CNET, O'Reilly Radar, GalleyCat, Joho the Blog and VatorNews

Alex Wilhelm / The Next Web: Nearly 40% of libraries will let you check out an e-reader, as ebook penetration soars

Dylan Byers / Politico:

Managing ed Liz Spayd to exit WashPost — Washington Post managing editor Elizabeth Spayd is eyeing the exits. — Sources familiar with the matter tell POLITICO that Spayd, who became the Post's first female managing editor in 2009, recently accepted a buyout from the paper and intends to leave sometime after the 2012 election.

Jim Romenesko:

Jim Schachter leaves New York Times for WNYC Radio — New York Times associate managing editor Jim Schachter has been named WNYC radio vice president for news — a newly created position. “He will oversee its strategic vision and planning, as well as editorial decisions related to production and operations,” says a release.

Discussion: Poynter, LA Observed, FishbowlNY and www.wnyc.org

Ryan Kim / GigaOM:

Flipboard launches on Android phones, no plans for a tablet app — Flipboard, Apple's 2010 iPad app of the year, is finally launching on Android phones worldwide, and will also be available on the Kindle Fire and on Nook tablets. The personalized news magazine app will incorporate Google+ and YouTube for the first time.

Discussion: Inside Flipboard, TechCrunch, VentureBeat, PC Magazine, Mashable!, NetNewsCheck Latest, Bits, WSJ Blogs - WSJ and The Verge

Steve Jordon / Omaha World-Herald:

Buffett adds Waco to growing paper network — The Omaha World-Herald Co. said Friday it is buying the Waco (Texas) Tribune-Herald, the second Texas newspaper to be acquired as part of Omaha investor Warren Buffett's plan to build a network of community newspapers.

Discussion: Poynter

D.C. Denison / The Boston Globe:

Houghton Mifflin Harcourt emerges from bankruptcy — Boston-based publisher Houghton Mifflin Harcourt emerged from bankruptcy protection Friday, as a judge in New York approved a deal with the company's creditors to eliminate $3.1 billion in debt. — Under the terms of the Chapter 11 restructuring …

Discussion: Publishers Weekly, Fox Business, Business Wire, Reuters and Bankruptcy Beat

Joe Pompeo / Capital New York:

Politico is at an editorial ‘crossroads,’ gets a huge CPM inside the Beltway — The Lineup collects the media stories, big and small, that are on our radar each day. — The official first issue of The Huffington Post's new iPad magazine, Huffington, landed in the iTunes store this morning.

Discussion: Business Insider, The Atlantic Wire, Poynter, @mlcalderone, JIMROMENESKO.COM, Erik Wemple, Mediaite, New York Magazine, FishbowlDC, paidContent, ReadWriteWeb and Adweek

Clay Shirky / Nieman Journalism Lab:

Pay attention to what Nick Denton is doing with comments — As comment bait goes, I'm a Gay Mormon Who's Been Happily Married for 10 Years is a corker. That's Gawker's headline for a piece by Joshua Weed (excerpted from a longer version posted on Weed's own site) about how he balances his homosexuality …

Discussion: @nicknotned