Mediagazer: Guardian and Observer report losses of £44.2m (Dan Sabbagh/Guardian)

4:25 PM ET, July 17, 2012

Top News:

Steve Myers / Poynter:

AP doesn't let sources approve quotes beforehand — New York Times reporter Jeremy Peters pulled back the curtain on political reporting Monday, revealing that many reporters now allow sources with the presidential campaigns to approve the quotes that will appear in their stories.

Discussion: American Journalism Review, Forbes Real Time, Media, disrupted, Guardian, Chickaboomer, entertainment.time.com, The Huffington Post, Washington Wire, New York Magazine and Mother Jones

Erik Wemple:

New York Times reviews quote-approval policy — The New York Times' Jeremy W. Peters published a much-talked-about mini-exposé Sunday on the heinous Washington practice of quote approval, whereby reporters must submit quotes from interviews with key players before publishing them. From the story:

Discussion: The Huffington Post and Innovation in College Media

Dave Winer:

What is a Public Editor? — The NY Times, as far as I know, invented the idea of a public editor, so I suppose it's up to them to decide what one is. That would be fair. But life isn't fair. — A public editor should be, imho, the representative of The Public, on the payroll of a news organization.

Bill Mitchell / Poynter:

New York Times Public Editor Margaret Sullivan signs on for 4 years — The new public editor of the New York Times pitched the paper on two main roles in her application for the job: “smart aggregator” and “forum organizer.” — Margaret M. Sullivan, editor of the Buffalo News since 1999 …

Discussion: The New York Observer, SulliView, Poynter, Media Matters for America, The Huffington Post, The New Republic, Buffalo News, CJR and New York Times

Kara Swisher / AllThingsD:

Ten Questions for New Yahoo CEO Marissa Mayer (This Won't Hurt a Bit! Okay, Just a Little.) — Today will be Marissa Mayer's first day at Yahoo as its newest fearless leader. — Besides Yahoos sighing collectively at the prospect of yet another all-hands meeting to get a gander at their latest CEO …

Discussion: MediaFile, Forbes Real Time, New York Times, Business Insider, Multichannel and TVWeek.com

Kara Swisher / AllThingsD:
The Marissa Mayer Yahoo Show, Brought to You by Daniel Loeb

Discussion: Forbes Real Time, iMediaConnection Blog, NetNewsCheck Latest, mediabistro.com, TechCrunch, The Daily Beast, Fortune, Business Insider, CNN, Washington Post, Erik Wemple, Telegraph, Joho the Blog, TelecomTV and New York Times

Dan Sabbagh / Guardian:

Guardian and Observer report losses of £44.2m — The Guardian and the Observer lost £44.2m last year as investment in digital publishing - including iPad, Facebook and Android apps - contributed to a deepening of losses at the national newspapers that could not be offset by double-digit growth in digital revenues.

Discussion: Telegraph, Guardian, Media Week, paidContent, NetNewsCheck Latest, ninemsn and Financial Times

Laura Hazard Owen / paidContent:

Barnes & Noble launches cloud-based reading platform Nook for Web — About a year after Amazon launched Kindle Cloud Reader, Barnes & Noble is getting into the cloud-based reading game with Nook for Web. — Users can sample books for free from any PC or Mac browser without logging in.

Discussion: AllThingsD, CNET, VentureBeat, TechCrunch, PC Magazine, The Next Web, Engadget, 9to5Mac, Softpedia News and WebProNews

Brent Lang / The Wrap:

Larry King Coming to Hulu in Deal With Ora TV — Break out the suspenders, because legendary cable news talk show host Larry King is diving into the world of video streaming with a deal with Hulu that kicks off Tuesday. — Ora TV, the new digital TV network King launched this year …

Discussion: Media Decoder, Los Angeles Times, Adweek, Business Insider, TVNewser, AdAge and Deadline.com

Brian Stelter / Media Decoder:

Months of Transition Ahead for NBC News Online — For Web users, the transition from MSNBC.com to NBCNews.com is an easy one. The old domain name automatically started to redirect to the new one on Sunday night. — But for the companies and the employees involved, it's more complicated.

Discussion: Digiday

Adrienne LaFrance / Nieman Journalism Lab:

The Associated Press introduces a new...print product for members — At a time when “digital first” is the slogan du jour in newspaper corner offices, the Associated Press is offering its subscribers a product — one that's meant to be printed out, ink-on-paper style.

Kristal Brent Zook / CJR:

Do they get that it's wrong? — Journalism students can be “truly baffled” when confronted for plagiarism — Perhaps Liane Membis, the Wall Street Journal intern fired recently for inventing quotes, started out with noble intentions. As Miss Black America-Connecticut last year …

J.K. Trotter / IvyGate:
Fired WSJ Intern Had Troubling Start at the Yale Daily News, Required Longest Correction in Years

Discussion: College Media Matters and mediabistro.com

Larry Kramer / C-Scape:

How Print Can Help Lead The Way Into The Digital Future — Today we launched the “TV On The Web” section of the USA Today Life Section. And we did so in the printed newspaper first. — Sounds a bit backwards, you say? Actually, it's a great example of how various forms of media can compliment each other.

Rick Edmonds / Poynter:

Paywall pioneer Augusta Chronicle simplifies its digital subscriptions — One of the nation's first newspapers to implement and master the intricacies of a digital paywall plan is radically simplifying it. — Effective immediately, The Augusta Chronicle will stop offering print-only subscriptions …

Discussion: NetNewsCheck Latest and Change of Subject