Mediagazer: Buffett Is Latest Billionaire to Struggle With Newspaper Revival (Edmund Lee/Bloomberg)

Sam Kennedy / Morning Call:

Warren Buffett eyeing Allentown Morning Call? — Ownership of Lehigh Valley newspaper in question, and one of the world's richest men has something to say about it. Tribune Co.'s imminent emergence from an epic bankruptcy has fueled a flurry of speculation about the future …

Discussion: Guardian, JIMROMENESKO.COM and Poynter

Edmund Lee / Bloomberg:

Buffett Is Latest Billionaire to Struggle With Newspaper Revival — Warren Buffett, the investor famous for betting on aging industries like railroads and insurance, is now trying to pull off something other billionaires have tried and failed to do: save the newspaper business.

Thanks:@jaredbkeller

Martin Belam / currybetdotnet:

The rise and #fail of the Guardian Facebook app — This week the Guardian has announced they are changing the way that they integrate with Facebook, by closing the app that I helped design and launch. It is the perfect moment to reflect on what did and didn't work, and why the app was designed as it was.

Discussion: Journalism.co.uk and Guardian

Mathew Ingram / GigaOM:

Guardian kills its Facebook social reader, regains control over its content — A little over a year ago, a big topic of discussion in the newspaper business — apart from the ongoing cataclysmic decline in print advertising revenue, of course — was how to leverage Facebook as a platform for content …

Margaret Sullivan / The Public Editor's Journal:

DealBook Conference Was Impressive, Lucrative and Chummy — There was a lot happening at the inaugural DealBook conference on Wednesday — and much of it was undeniably impressive. — Here is what the invitation-only conference had going for it: Big Wall Street names, flashy graphics …

Discussion: Felix Salmon, @pkedrosky, @davewiner, @fmanjoo, @brianstorms, @romenesko and Pressing Issues

Rebecca Theim / Cleveland Scene:

8 Things Cleveland Can Expect from The Plain Dealer's “Press-Ageddon” — When former journalists and alumni of the New Orleans Times-Picayune heard the news about the imminent changes at The Plain Dealer, our hearts broke for Cleveland. — Both newspapers are owned by New York-based Advanced Publications …

Discussion: NetNewsCheck Latest

Steve Buttry / The Buttry Diary:

I am so tired of the paywall argument — I truly meant it more than three years ago when I said in this blog that I wanted to move on from the paywall argument. This issue and the attention it commands are perhaps the most consistent sign I see that the newspaper industry is stuck in the past.

Discussion: NetNewsCheck Latest

Peter Kafka / AllThingsD:

“Mobile Video” Means “Video You Watch at Home” — Yes, you can use your iPhone to watch movie clips and music videos while you're in a car or on your way to work. — But you're probably using it watch stuff when you're sitting on your couch or in your bed.

Discussion: VentureBeat

Michael Calderone / The Huffington Post:

NY Times Describes ‘Torture’ More Under Obama — The New York Times, which tied itself in linguistic knots during the Bush years to avoid describing waterboarding as torture, splashed this headline on Thursday's front page: “Portrayal of C.I.A. Torture in Bin Laden Film Reopens a Debate.”

Kira Bindrim / Reuters:

The New York Times and print pressures — In a moment of dubious etiquette, venture capitalist and Netscape co-founder Marc Andreessen said at a New York Times conference this week that the company should dismantle its print operations not in ten years, or five, but “as soon as possible.”

Discussion: Reuters

Dan Sabbagh / Guardian:

BBC boss unaware of Newsnight's McAlpine report problems for 24 hours — Former director general George Entwistle contacted BBC Trust chair Lord Patten the day after Guardian article was published — Former BBC director general George Entwistle told the BBC Trust at the critical meeting …

Josh Halliday / Guardian:

GNM journalists agree industrial action vote if compulsory job cuts go ahead — NUJ ballot backed by 400 staff as company moves to reduce annual editorial budget by £7m — Guardian News & Media journalists have voted to ballot for industrial action should the company go ahead …

Discussion: Media Week

Nathan Ingraham / The Verge:

Aereo licenses Bloomberg TV as first cable station — Thus far, streaming TV service Aereo has stayed squarely focused on local network TV channels, but that is just starting to change. According to The Wall Street Journal, Aereo has added its first cable channel in the form of Bloomberg TV.

Discussion: Wall Street Journal, CNET and GigaOM