Mediagazer: China blocks Bloomberg for exposing financial affairs of Xi Jinping's family (Tania Branigan/Guardian)

11:50 AM ET, June 29, 2012

Top News:

Steve Myers / Poynter:

Were CNN & Fox News' mistakes on Supreme Court ruling part of ‘process journalism’? — We all know that CNN and Fox News mistakenly reported Thursday that the Supreme Court struck down the “individual mandate” part of the health care law. How did this happen? Who's responsible? — I blame Jeff Jarvis.

Discussion: Forbes, Mediaite, New York Times, NetNewsCheck Latest, Speakeasy, ABCNEWS, NPR, mediabistro.com and BuzzMachine

Frances Martel / Mediaite:

Jon Stewart Ridicules CNN, Fox News For Getting Supreme Court Decision Wrong — Chief Justice John Roberts pulled a fast one on the media who tried to skim his decision today, as he argued that the individual mandate was unconstitutional before he declared it a tax.

Discussion: Forbes, Broadcasting & Cable, The Wrap, Charles Apple and The Raw Story

Rem Rieder / American Journalism Review:

Who Was First? Who Cares? — The ridiculous battle over who “broke” the news on the health care ruling―and why it's dangerous. Thurs., June 28, 2012. — Rem Rieder (rrieder@ajr.umd.edu) is AJR's editor and senior vice president. — Q: Which news organization was first to report …

Discussion: Media Decoder, NPR, FishbowlDC, New York Times, Jack Shafer, Erik Wemple, Tampa Bay Times, Poynter, Gawker, JIMROMENESKO.COM, JIMROMENESKO.COM, JIMROMENESKO.COM and Washington Post

Dylan Byers / Politico:

CNN ‘looking into’ Supreme Court ‘mistake’ — CNN Senior Vice President and Washington bureau chief Sam Feist sent a memo to bureau staff last night announcing that CNN was ‘looking into’ its inaccurate report about yesterday's Supreme Court ruling on healthcare.

Discussion: Erik Wemple, Poynter, The Daily Beast and CNN

Jake Tapper / ABCNEWS:
POTUS First Learned Erroneous News on Court Decision from Cable TV

Discussion: Forbes, Yahoo! News, Online NewsHour, Poynter, The Huffington Post, New York Magazine, Politico, Hollywood Reporter, CJR, Gawker, Mediaite, TVNewser, Guardian, Erik Wemple and Poynter

Michael Hastings / BuzzFeed:
CNN News Staffers Revolt Over Blown Coverage

Discussion: FishbowlDC, The Huffington Post, Poynter, The Daily Beast, Mashable!, Politico, Business Insider, @producermatthew, TVNewser, Gawker, BostInno, Poynter, Mediaite, Collective Talent and The Daily Caller

Wall Street Journal:

Inside Murdoch's Decision — Rupert Murdoch long resisted any suggestion—be it from bankers or executives within News Corp. —that the media conglomerate spin off the company's newspaper assets, which had become a drag on the stock. — “I was hanging on, and so was the whole family,” …

Discussion: Los Angeles Times

Felix Salmon:
News Corp's digital divergence

Discussion: James Vicini, Gawker and NPR

Bloomberg: News Corp. Publishing Profit Drop Tests Murdoch Strategy

Michael Calderone / The Huffington Post:
Rupert Murdoch Suggests Wall Street Journal Won't Face Cuts In News Corp. Split

Discussion: Erik Wemple, New York Times, Poynter, GalleyCat, Wall Street Journal, Business Insider, TVNewser and Media Decoder

Staci D. Kramer / paidContent:
The Murdoch media tour: Spinning the spinoff

Discussion: NetNewsCheck Latest, Capital New York and Radio & Television …

Ingrid Lunden / TechCrunch:
Murdoch Says Separated News Corp Publishing Biz Will ‘Push Even Harder’ On Charging For Content

Discussion: Media Matters for America, Guardian, NetNewsCheck Latest, Reuters, The Next Web, Guardian and Business Wire

Ben Sisario / Media Decoder:

Passing Final Hurdle, Sony's Deal for EMI Publishing Is Approved by U.S. — The Federal Trade Commission has approved the $2.2 billion sale of EMI Music Publishing to an investor group led by Sony, the agency announced on Friday morning. With that clearance, the sale is expected to close later in the day.

Discussion: Reuters, Variety, The Huffington Post and Hillicon Valley

Ingrid Lunden / TechCrunch:

AOL Reorganizes Into Membership, Brand And Ad Units [Incl Armstrong's Memo] — After yesterday's $400 million share buyback, some more news today from our owners, AOL: it's reorganizing into three operating units, plus a separate one for corporate support of all three: they will be called AOL Membership …

Discussion: VentureBeat, Adweek, CNET, WebProNews, Fortune, Business Insider, NetNewsCheck Latest and TechCrunch

Tania Branigan / Guardian:

China blocks Bloomberg for exposing financial affairs of Xi Jinping's family — Access to Bloomberg website blocked after it reveals assets of relatives of man expected to become president — China appears to have blocked access to the Bloomberg website after it detailed the multimillion-dollar assets …

Discussion: Associated Press, Gawker, Business Insider, Wall Street Journal, Talking Biz News, Bloomberg and Globe and Mail

Associated Press:

Savannah Guthrie Fills In Following Curry's ‘Today’ Exit — There's no word if she has the job full-time, but Savannah Guthrie is in Ann Curry's former chair as co-host of NBC's “Today” show. Guthrie sat beside Matt Lauer on Friday, discussing stories about the Colorado wildfires and Supreme Court health care decision.

Discussion: New York Post, The Huffington Post, The Daily Beast and Media Decoder

Sharon Waxman / The Wrap:
Ann Curry Mess: Did NBC Learn Nothing From Conan O'Brien?

Discussion: Poynter, Broadcasting & Cable, Tampa Bay Times, New York Times and TVNewser

Alexandra Alter / Wall Street Journal:

Your E-Book Is Reading You — Digital-book publishers and retailers now know more about their readers than ever before. How that's changing the experience of reading. — It takes the average reader just seven hours to read the final book in Suzanne Collins's “Hunger Games” trilogy on the Kobo e-reader—about 57 pages an hour.

Discussion: paidContent, The Verge and Digital Book World

Jim Romenesko:

Reuters Supreme Court correspondent Jim Vicini steps down — “[They] are handed a document that warns they could face termination if they don't up their game, and given 30 days to turn things around,” a Reuters reporter explained to Romenesko readers on May 31.

Discussion: James Vicini and Talking Biz News

Greg Stohr / Bloomberg:

TV-Newspaper Ownership Limits Left Intact By High Court — The U.S. Supreme Court left intact decades-old limits on ownership of broadcast stations and newspapers, refusing to hear media industry appeals that might have led to a wave of acquisitions. — Tribune Co. and other media companies …

Discussion: The Wrap, Broadcasting & Cable and Reuters

Jason Del Rey / AdAge:

Hearst Unveils Private Ad-Buying Marketplace for Its Magazine Websites — A Play for Programmatic Online Advertising Dollars — Another big magazine company is looking to ad tech to make its online ad inventory more valuable. — Six months after Conde Nast launched a private ad marketplace …