Top News:

Spin Magazine Is Sold to Buzzmedia, With Plans to Expand Online Reach — Spin Media, the company behind the alternative-music magazine Spin, has been sold to Buzzmedia, a portfolio of music and celebrity Web sites, in a deal that could expand Spin's reach online but also calls into question its future as a print publication.
Discussion:
AdAge, FishbowlNY, New York Magazine, eMedia Vitals and Forbes Real Time


Who Reported It First? Who Cares. — Can we talk about the nonsense of caring about which news outlet first reports a big piece of news? I'm not talking about a genuine scoop—a report that wouldn't have otherwise come to light—but about news that we're all eventually going to find out anyway.
Discussion:
Neatorama, Adweek, @bobbymacreports, @antderosa, Politico and Innovation in College Media
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Three lessons for newsrooms from the Supreme Court health care reporting errors
Discussion:
The Billfold

The Anniston Star to eliminate Monday print edition — Another Alabama newspaper has decided to reduce its days in print. This time, it is a smaller daily that has been praised for its commitment to community journalism. Starting in the fourth quarter of this year, probably in October …
Discussion:
Anniston Star and NetNewsCheck Latest

David Callaway named EIC of USA Today — USA Today will name MarketWatch editor David Callaway as its new editor-in-chief, POLITICO has learned. USA Today president and publisher Larry Kramer, who founded Market Watch, will announce the news today at 11 a.m. ET.
Discussion:
USA Today


Next Issue brings 39 all-you-can-read magazines to iPad — Digital magazine joint venture Next Issue Media is finally available for the iPad, three months after it launched for Android . With the app, users can read popular magazines like People, Vogue, the New Yorker and Real Simple for a flat monthly fee.
Discussion:
Engadget, Journalism.co.uk, eMedia Vitals, ZDNet, The Verge and TechCrunch


Why traditional publishers can't soothe the crying baby — I feel rather bad for my colleagues in the national newspaper business this morning. As they trek into their plush central London office, sipping their lattes1, they find the world predicting their doom and destruction.
RELATED:

Transfer of Value — This is a story of pride vs. geekiness …
Discussion:
Street Fight, The Huffington Post, The Corsair, Guardian and Forbes Real Time


Building the Great Newspaper Paywall — The beleaguered newspaper industry has finally settled on a digital revenue strategy—the metered paywall—and now everyone's pitching in to get it built. Paywalls have their critics, their boosters, more critics and then the critics-who-also-want-to-be- boosters.
Discussion:
TheMediaBriefing and Poynter

In New Orleans, profit trumps readers — I appreciate the efforts of readers of the Times-Picayune to keep the New Orleans newspaper published seven days a week. Unfortunately, they will be unsuccessful. — Here is a simple, boiled down reason: Readers value the public service the newspaper produces.
Discussion:
@annatarkov and DashThirtyDash


Bloomberg Businessweek: Yep, You Can Put A Magazine On A Phone — Most magazine publishers have been so obsessed with the tablet in the last two years that their smartphone app programs seemed to have been pushed to the margins. The lure of print-like engagement on the iPad was as powerful as chum thrown to starved sharks.

Two Guys Made a Web Site, and This Is What They Got — What if this article began with a link to a chart on media consolidation? Would you click it? — What if, instead, this article began with a promise that it would tell you “The Real Reason They Still Play ‘Mrs. Robinson’ on the Radio.”
Discussion:
eMedia Vitals and Betabeat

New York Magazine to Expand The Cut Blog — It used to be that New York magazine's cheeky blog items expounding on fashion and politicians were accessories to the main attraction — the articles in the flagship magazine. But next month, New York is shifting more attention online.
Discussion:
New York Magazine, FishbowlNY and Capital New York


Salt Lake Tribune managing editor Michael Anastasi named LANG executive editor — Michael Anastasi leaves the Salt Lake Tribune, where he's been managing editor since 2004, to become executive editor of the Los Angeles Newspaper Group, which has nine daily newspapers and associated digital products, websites and weekly papers.


WSJ intern fired for making up quotes denies allegation to beauty pageant — Liane Membis, the Wall Street Journal intern fired last month for making up quotes in stories, has denied the allegation to a representation of the Miss Black America pageant, reports the New York Amsterdam News.

The nepotistic linker — Mathew Ingram, GigaOM's media blogger, gave one of his semiyearly lectures on the sanctity of the hyperlink yesterday. Linking is “a core value of the web.” Links are “the currency of the collaborative web.” Links are “one of the crucial underpinnings of the internet and the web.”