Mediagazer: Why The New York Times eschews formal social media guidelines (Jeff Sonderman/Poynter)

John Paton / Digital First:

In Defense of the Times-Picayune — Stop me if you've heard this one. — An old and distinguished business in New Orleans has seen more than half of its revenue disappear in five years and has decided to change how it conducts business - before it goes out of business.

Discussion: @jeffjarvis

Lisa O'Carroll / Guardian:

Operation Elveden: two journalists arrested on suspicion of conspiracy — Sunday Mirror reporter one of two journalists arrested, with Daily Star Sunday deputy news editor understood to be the other — Two journalists, including one from the Sunday Mirror, were arrested this morning …

Discussion: Media Decoder and @joshhalliday

Dominic Ponsford / Press Gazette:

Could Mirror Elveden arrest prompt domino effect? — Fleet Street insiders fear a ‘domino effect’ of more arrests as the Met Police Operation Elveden inquiry into corruption spread beyond News International to Trinity Mirror. — Up until last week all 18 journalists arrested by Elveden …

Mathew Ingram / GigaOM:

Can a publisher use crowdfunding to replace ads? — We've already seen Kickstarter, the popular crowdfunding platform, used to finance some fairly interesting media experiments, including books from authors like Seth Godin, record albums by artists like Amanda Palmer and even an entire magazine in the case of Matter.

Discussion: mediabistro.com, NetNewsCheck Latest, eMedia Vitals, The Wall Blog, Mashable!, GeekWire and Penny Arcade

Discussion: eMedia Vitals and The Media Business

Kat Stoeffel / The New York Observer:

R.I.P. Newscore: News Corp.'s Weird News Wire Goes Dark, Sheds Staff — As News Corp. shores up its print and television properties leading up to the company's highly publicized split, its scrappy and beloved internal newswire Newscore has quietly gone dark, with at least 20 positions eliminated …

Jeff Sonderman / Poynter:

Why The New York Times eschews formal social media guidelines — Phil Corbett, The New York Times associate managing editor for standards, tells me in an interview why the paper chooses to have only informal social media guidelines: … Earlier: John Paton's three “rules” for journalists using social media (Digital First) |

Discussion: FishbowlNY, NetNewsCheck Latest and The Educated Reporter

Brian Stelter / New York Times:

NBC and Facebook to Announce Olympics Partnership — Users of Facebook, later this summer, will be reminded about NBC's coverage of the Olympic Games in London. And viewers of NBC's coverage, at the same time, will be nudged to talk about the Games on Facebook.

Discussion: Los Angeles Times, PC Magazine, the Econsultancy blog, Mashable! and The Wrap

Jim Romenesko:

The world has put veteran journalists out to pasture — A job-seeking veteran reporter who was laid off from a Chicago newspaper a few years ago forwarded a Sun-Times Media help-wanted ad to Chicago Reader media critic Michael Miner and asked, “Is it legal?” (His answer: “I don't know.")

Roger Cheng / CNET:

MTV, Comedy Central, other Viacom channels go dark for DirecTV — It's unclear how long the blackout — which hits more than 20 million customers — might last after DirecTV and Viacom fail to come to terms on distribution fees. DirecTV and Viacom failed to reach a new deal on programming fees …

Discussion: Guardian, Media Decoder and @peterlauria3

Erik Wemple / Washington Post:

Roger Ailes biographer encounters third-rate online taunting — Journalist Gabriel Sherman has a bio page at gabrielsherman.com. It notes that he's written quite a bit over the years, for the New York Observer, New York magazine, the New Republic, et alii. Other fun facts: … What a jerk!

Alfred Hermida / Reportr.net:

Social media grows in importance for finding the news — A new report from the Reuters Institute for the Study of Journalism provides further evidence of how social media is shaping news consumption. — The survey of online news consumers across five countries - UK, US, Germany …

Discussion: eMedia Vitals and ResourceShelf

Dylan Byers / Politico:

Confidence in TV news at all-time low — Americans' confidence in television news has hit an all-time low, according to a new survey by Gallup. — Twenty-one percent of the 1,004 adults polled said they had “a great deal” or “a lot” of confidence in television news media …

Discussion: The Wrap, TVNewser, Poynter, The Huffington Post, Gallup, JIMROMENESKO.COM, Mediaite, @davidfolkenflik, Media, disrupted and Chickaboomer

Amy Sullivan / The New Republic:

Breaking: Some Journalists Forced to Work on Hamster Wheels — Nothing gets journalists chattering like a debate about themselves, so I suppose it shouldn't be a surprise that my post yesterday about the fixation many news outlets have with being first attracted some notice.

Discussion: The New Yorker Blog

Discussion: The Daily Dish, The New Yorker Blog, Erik Wemple and Poynter

Brendan Sasso / Hillicon Valley:

Broadcasters file emergency motion to block political ad rule — The National Association of Broadcasters (NAB) asked a federal court on Tuesday to block the Federal Communications Commission's (FCC) political ad rule before it goes into effect on Aug. 2. — The group, which first filed suit in May …

Discussion: Broadcasting & Cable

Amy Chozick / New York Times:

Tech and Media Elite Are Likely to Debate Piracy — It's not often moguls admit they made a mistake. — But lately some of the highest-paid executives at the world's largest media companies have talked a lot about the lessons they learned from a failed industrywide attempt to pass antipiracy legislation six months ago.

Discussion: Daily Dot, Forbes Real Time and Media Decoder

Discussion: Capital New York