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.


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, @bobbymacreports, @antderosa, Adweek, Politico, Innovation in College Media and kottke.org
RELATED:

Three lessons for newsrooms from the Supreme Court health care reporting errors
Discussion:
The Billfold and TVNewser

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


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

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


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


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.

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


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.


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:
Journalism.co.uk, Engadget, eMedia Vitals, ZDNet and TechCrunch

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:
Betabeat


Disgraced journalist Stephen Glass fights to become lawyer — LOS ANGELES — Paul Zuckerman was sifting through résumés when he paused, “astounded,” over a particularly strong applicant for a law-clerk opening: Ivy League undergraduate, top-notch law school, legal work for two judges in Washington.

Zuck's new friend — With Facebook stepping up its courtship of the media business, the buzz is building that Mark Zuckerberg is eyeing Hulu chief Jason Kilar for a top job. Sources say that Zuck “likes” Kilar, a well-respected Internet executive with deep ties to big media players, and has designs on him for a senior role.