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10:55 PM ET, June 26, 2012

Mediagazer

 Top News: 
Michael O'Connell / Hollywood Reporter:
CNN Hits 21-Year Ratings Low in Second Quarter  —  Battered by a series of rough weeks and big losses for Anderson Cooper and Piers Morgan, the cable news network sinks with total viewers and in the coveted adults 25-to-54 demo.  —  After several months of bad ratings news for CNN …
RELATED:
Bill Carter / Media Decoder:
Without News, CNN Is Without Viewers  —  The news for CNN has been bad for a long time, but it got especially bad in the second quarter of this year.  Ratings for the network's prime-time shows plunged by 40 percent from a year ago, and the network's performance was its worst ever for a second quarter.
Dylan Byers / Politico:
What's wrong at CNN  —  In April, as Republicans were throwing their weight behind Mitt Romney and the lengthy, combative presidential primary process was drawing to a close, CNN's Senior Vice President and Washington bureau chief Sam Feist presented his staff with a “CNN Half-time Election Report.”
Wall Street Journal:
News Corp. Advances Plan to Split Up  —  News Corp.'s board is set to decide Wednesday whether to proceed with a split of the media conglomerate into two companies, carving the bigger and more profitable entertainment businesses from the newspapers.  —  If the board approves the split …
Discussion: Deal Journal and Guardian
RELATED:
Roy Greenslade / Guardian:
News Corp split could open way to new BSkyB bid
Discussion: @lisaocarroll and Guardian
Amy Chozick / Media Decoder:
Anxious News Corp. Editors Arrive in New York to Discuss Corporate Split
Peter Kafka / AllThingsD:
Two Questions for Rupert Murdoch
Discussion: Guardian, WebProNews and paidContent
Bloomberg:
News Corp. Is Said To Work With Goldman Sachs On Breakup Plans
Discussion: The New York Observer
Jeff Sonderman / Poynter:
Content going ‘everywhere’: WSJ extends premium subscriptions to Pulse newsreader  —  One day after The New York Times announced an “NYT Everywhere” strategy that will extend subscriber content to Flipboard, The Wall Street Journal stepped up its own “Journal Everywhere” …
RELATED:
Mathew Ingram / GigaOM:
Pulse vs. Flipboard: Which will win, subscriptions or ads?
Craig Silverman / Poynter:
Hearst editor acknowledges New Canaan News still searching for fabricated stories  —  Ashley Varese does not want to talk about Paresh Jha.  —  Varese is the editor of the New Canaan News, a small weekly paper owned by Hearst that last week admitted fired staff reporter Jha …
Discussion: @jackshafer
RELATED:
Craig Silverman / Poynter:
Hearst serial fabricator Paresh Jha may have made up more stories than Stephen Glass
Discussion: TERI BUHL and FishbowlNY
Andrew Beaujon / Poynter:
Wall Street Journal intern fired for fabricating sources  —  Liane Membis' internship with The Wall Street Journal is at an end, an editor's note on an article she wrote says: … Membis' article is still available on Talking Biz News.  Some of the people Membis claimed to interview in the piece …
Jeff Sonderman / Poynter:
Gannett says paywalls are generating strong revenue, despite circulation declines  —  Gannett says its digital subscription plan, paired with metered paywalls, is now active in 38 of the company's 80 community newspaper markets.  Gannett executives provided updates in a presentation last week …
Discussion: Gannett Blog
Robert Channick / Chicago Tribune:
Redesigned Chicago Tribune website to wall off some content  —  Users will need to become digital members to see stories from newspaper  —  The Chicago Tribune is launching a redesigned website that will give it the ability to sell digital subscriptions.  —  Beginning this week …
Discussion: paidContent and The Next Web
Bill Dedman / MSNBC:
Bloomberg TV's ads make false claim to Pulitzer nomination for anchor Liu  —  NEW YORK — Bloomberg Television has a new ad campaign in the New York City area, touting the journalistic credentials of its morning anchor, Betty Liu.  “PULITZER PRIZE-NOMINATED,” the ads shout at commuters on trains in New York, New Jersey and Connecticut.
Foster Kamer / New York Observer:
New York Times' Crosswords Going Premium-Premium, Even for Subscribers  —  It's like TimesSelect returned with a vengeance, basically.  —  What's another seven-letter word for premium?  —  Right now, some pissed-off puzzle-solving New York Times home subscribers are probably answering …
Jim Romenesko:
Patch puts pressure on local editors  —  My reliable source on Patch matters reports that demands on local editors are growing.  “Among other mandates, Local Editors now must have seven posts each day — that's including weekends — and blog posts no longer count toward that total,” he writes.
Peter Kafka / AllThingsD:
Yahoo Sings Along With Spotify — And May Profit, Too  —  Earlier this year, Spotify rolled out a plan to get its “play” button on a host of Web sites, which let the streaming music service broaden its reach beyond Facebook.  —  Now it's making the same move, but with one very, very big Web site …
Joe Pompeo / Capital New York:
‘Times’ will end partnerships with N.Y.U., CUNY on hyperlocal blogs  —  The New York Times' three-year-old experiment in hyperlocal community journalism is coming to an end—for now, at least.  The Times has decided to terminate its collaborations with the journalism schools of New York University …
Discussion: NYConvergence.com
Farhad Manjoo / Slate:
Want to know the secret to BuzzFeed's monster online success?  Click here!  —  Want to know the secret to BuzzFeed's monster online success?  Click here!  —  Last Wednesday, BuzzFeed's Jack Shepherd published an irresistible piece called, “21 Pictures That Will Restore Your Faith in Humanity.”
 
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 More News: 
Daniel Frankel / paidContent:
For basic cable, movies fend off cord-cutting, report says
Discussion: Market Intelligence
Diana Marszalek / TVNewsCheck:
NBC Stations Keep Tabs On Employee Tweets
Discussion: Mediaite and NewscastStudio Blog
Jack Mirkinson / The Huffington Post:
Nora Ephron Dead: Remembering Her Journalism Career
Andrew Phelps / Nieman Journalism Lab:
Apple: Tune in to podcast “stations” on an iPhone “radio dial”
Discussion: TechCrunch and MacRumors
Charlie Warzel / Adweek:
Turner Sports and PGA Tour Digitally Part Ways
Discussion: paidContent
BBC:
News Corp ‘warned Lib Dems over BSkyB bid’
David Martosko / The Daily Caller:
Suspended reporter tweeted: Racism ‘secret sauce in the Politico sh*tburger’
Discussion: Mediaite
 Earlier Picks: 
Matt Pearce / Los Angeles Times:
Anthony Shadid's cousin takes a shot at NYT — and journalism in general
Discussion: Erik Wemple and Poynter
Carl Nolte / San Francisco Chronicle:
George Hearst Jr. - Hearst Corp. chairman - dies
Neil Gough / DealBook:
Australian Billionaire Threatens to Dump Fairfax Media Stake
Steve Outing:
10, 15 free web articles a month: Is this a mistake? (Yes!)
Sarah Marshall / Journalism.co.uk:
Auto de Fe launches first on iPad, web second, print third
Jordan Weissmann / The Atlantic:
Why Porn and Journalism Have the Same Big Problem
Discussion: JIMROMENESKO.COM and bookforum.com
 

 
From Techmeme:

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

Foo Yun Chee / Reuters:
Pornhub, Stripchat, and XVideos will have to comply with additional obligations, such as submitting risk assessment reports, under the EU DSA starting next week

 
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