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7:40 AM ET, July 14, 2012

Mediagazer

 Top News: 
Julie Moos / Poynter:
Chicago Tribune suspends work with Journatic  —  In a letter to readers published late Friday evening, Chicago Tribune President Vince Casanova announced the paper would suspend its relationship with Journatic, the outsourcing company it invested in and was counting on to take over its TribLocal websites.
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Michael Oneal / Chicago Tribune:
Judge OKs Tribune Co. exit from bankruptcy  —  After more than 3 1/2 years of bitter legal conflict, the judge in Tribune Co.'s bankruptcy case said Friday he will approve a plan that will transfer ownership of the iconic Chicago-based media company to a group of hedge funds and banks based in New York and Los Angeles.
The Daily:
A Letter From The Daily's Editor-In-Chief to the Staff  —  All, A big congratulations to Claire, David, Emma, Bill, Gabriella, Lacey, Ramon, Dongin, Cathy, Dami and all the others involved in creating our great new WKND magazine.  It looks absolutely fantastic and is full of great stories and video.
Spencer E. Ante / Digits:
Kevin Rose: Digg Failed Because ‘Social Media Grew Up’  —  In his first interview since the remains of fallen social media Digg star were sold to Betaworks, Digg's founder Kevin Rose said he sold some company shares during the its venture-capital financing rounds but “did not make a lot of money.”
Discussion: Social Media, CNET and Forbes Real Time
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Jeff Bercovici / Forbes Real Time:
The Lessons For Facebook, Twitter And Reddit In Digg's Demise  —  If you're Mark Zuckerberg or Dick Costolo or David Karp, what happened to Digg is the kind of thing that messes with your sleep.  If one virtual community can go from being worth almost $164 million to getting sold for parts in just a few years, why not another one?
Brian Morrissey / Digiday:
Digg's Forgotten Legacy: Native Monetization
Peter Kafka / AllThingsD:
That Was Fast: Big Media Investors Are Okay With Aereo, After All  —  Remember Thursday?  When investors in big TV companies freaked out a bit about Aereo?  —  That's all old news now: All the big media companies that took hits yesterday — Comcast, Viacom, Disney, etc. …
Discussion: Current.org Blog
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Hamilton Nolan / Gawker:
The Daily Was Just a Bad Idea  —  The Daily is a daily newspaper that is available only on iPads.  This was, and remains, a terrible business model.  Consider:  —  1. It is available only on iPads.  —  2. It is a daily newspaper.  —  The Daily's business model combines two limiting factors …
Michael Malone / Broadcasting & Cable:
Magid Study: Newspapers Rule Twitter, Stations Rule Facebook  —  Local media using Twitter at end of story cycle, not beginning  —  The magic number for stations posting on Facebook ranges between 5 and 12 daily posts, according to a social media survey from Frank N. Magid Associates …
Discussion: iMediaConnection Blog and TVSpy
Paul Tassi / Forbes Real Time:
Battle Royale Between DirecTV, Viacom, Dish and AMC Pushes TV Closer to Irrelevancy  —  If you've been keeping track of the drama surrounding cable TV lately, chances are you have a headache.  First it was Dish upsetting Breaking Bad fans by dropping AMC ahead of this week's premiere …
Dylan Byers / Politico:
The Daily Caller considering a print edition  —  The Daily Caller, the conservative news site run by former Dick Cheney adviser Neil Patel, is eyeing the launch of a print edition, POLITICO has learned.  —  Sources familiar with the plans say that the print edition would launch in January 2013 …
Discussion: FishbowlDC
Andy Plesser / Beet.TV:
BBC Expanding Web Video News Operations in London and Washington to Meet Surging Advertiser Demand  —  LONDON - Demand from advertisers to run pre-roll ads on BBC News online video far outpaces editorial inventory by a four-to-one ratio, says Andrew Roy, Head of News, BBC World News …
Erik Wemple:
Text of Romney campaign correction request to the Boston Globe  —  Mitt Romney's campaign asked the Boston Globe for a correction to its big story this morning on the timing of the candidate's departure from Bain Capital.  The correction request is a muscular bit of polemical writing …
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Jay Rosen / Pressthink:
If Mitt Romney were running a “post-truth” campaign, would the political press report it?
Steve Myers / Poynter:
For AP, Olympics are the Olympics of news coverage  —  The Associated Press announced its 2012 Olympics coverage plan Thursday, and as you might expect it's expansive: text packages and updates posted throughout the day, medal counts on its AP Mobile apps, interactive presentations viewable …
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Subscription Commerce: 13 Boxes We'd Love to Give and Get  —  Ecommerce and content are a great combination and now subscription-based commerce services are all the rage these days.  People are more eager to discover and try new things than ever before.
AdExchanger:
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 More News: 
Craig Silverman / Poynter:
Haik: Washington Post web team a ‘disruption layer’ in the newsroom
Rob Walker / New York Times:
Can Tumblr's David Karp Embrace Ads Without Selling Out?
Noah Buhayar / Bloomberg:
Buffett Poised To Add Newspapers As Publishers Face Slump
Erik Wemple:
KochFacts.com and Poynter.org: A strange relationship
Keith J. Kelly / New York Post:
TomKat breakup a boon for celebrity mags
Discussion: The Huffington Post and FishbowlNY
 Earlier Picks: 
Noah Rothman / Mediaite:
Chicago Murders Prompt Geraldo Brag: ‘I Was Right About The Hoodie’
Al Tompkins / Poynter:
How Open Records law would have stopped sex abuse sooner at Penn State