Mediagazer: A New King of Magazines Emerges (Keach Hagey/Wall Street Journal)

11:45 AM ET, February 18, 2013

Top News:

Frédéric Filloux / Monday Note:

The Need for a Digital “New Journalism” — The survival of quality news calls for a new approach to writing and reporting. Inspiration could come from blogging and magazine storytelling and also bring back memories of the 70′s New Journalism movement. — News reporting is aging badly.

Discussion: @noruweijin, @bobbiejohnson, @kcorrick, @konradweber, @wblau, @zimbalist, @rajunarisetti, @moorehn, @rafat and @_arianna

Michael Wolff / Guardian:

The fall of Time Inc is more about bad leadership than a dying industry — Even in the context of the general decline of the magazine business, Time Inc warrants special shame and humiliation — I remember when the 34th floor of the Time Life building was the most vaunted real estate in journalism.

Discussion: @smalera, @michaelwolffnyc and @palafo

Keach Hagey / Wall Street Journal:

A New King of Magazines Emerges — In 1922, the same year Henry Luce and Briton Hadden founded Time magazine in New York City, Edwin Thomas Meredith launched a title called Fruit, Garden and Home in Des Moines, Iowa. — Two years later, the magazine changed its name to Better Homes and Gardens …

Brian Stelter / Media Decoder:

Business Insider Names Joe Weisenthal Executive Editor — Business Insider, the online news franchise started by Henry Blodget nearly six years ago, is appointing an executive editor for the first time as it grapples with a good problem: growth. — The editor is Joe Weisenthal …

Discussion: @thestalwart, New York Magazine and @moorehn

Jay Rosen / Pressthink:

Some shifts in power visible in journalism today — “To some degree they have achieved what Tim Russert of NBC News had when he was host of Meet the Press. Sitting down for an interview with Swisher and Mossberg is something you do to show that you are a serious player...”

Discussion: @stephaniepride, @rajunarisetti, @scottdougal, @dskok and Financial Times

Dawn McCarty / Bloomberg:

Reader's Digest Files Bankruptcy to Cut $465 Mln Debt — RDA Holding Co., publisher of the 91-year-old Reader's Digest magazine, filed for bankruptcy to cut $465 million in debt and focus on North American operations as consumers shift from print to electronic media.

Discussion: @m_mcdonough and Reader's Digest Association

Andrew Beaujon / Poynter:

McGrory: Boston Globe will ‘untangle’ its two websites — The difference between BostonGlobe.com and Boston.com isn't clear to “many people in this community and people in this newsroom,” Boston Globe Editor Brian McGrory told Poynter in a phone interview Friday. “That's understandable,” he said.

Discussion: Media Nation, NetNewsCheck Latest, @nycjim and @jayrosen_nyu

Andrew Beaujon / Poynter:

Austin Tice, David Corn win Polk Awards — McClatchy's David Enders and Austin Tice have been awarded the George Polk Award for War Reporting for their work in Syria, Long Island University announced Monday. Tice, a freelancer, has been missing in Syria since last August.

Erik Hayden / Hollywood Reporter:
Editor Behind Romney ‘47 Percent’ Video Honored With Polk Journalism Award

Discussion: Mother Jones, New York Times, The Wrap, Long Island University, McClatchy Washington Bureau, @daudig, Talking Biz News, @davidcorndc and @davidcorndc

Jasper Jackson / TheMediaBriefing:

From blog to B2B platform: Business of Fashion lands $2.1 million VC funding — Why are some of the biggest names in venture capital pumping $2.1 million (£1.35 million) into a fashion blog called Business of Fashion? Because it's got all the ingredients to become a successful publishing business catering to a niche audience.

Martin Bryant / The Next Web:
Risk of a ‘Pando problem’? The Business of Fashion blog lands $2.1m from LVMH, Index Ventures and more

Discussion: Guardian, BoF and growthbusiness.co.uk

Brooks Barnes / New York Times:

The Hollywood Reporter Dusts Off Its Party Clothes — BEVERLY HILLS, Calif. — Janice Min, the editor of The Hollywood Reporter, looked a little dazed as she stood outside Spago the other night. And so what if she was? Facing a firing squad of 16 photographers and 7 TV cameras will do that to a person.

Kit Eaton / Fast Company:

Apple TV Rumors Boosted With “High Priority” Job Posting — Another Apple job posting hints that Apple has interesting tech en route. — Apple job postings are one place the usually secretive company has to reveal a few details about its plans, and a fresh one has added some serious spin to the rumors about an Apple TV.

Discussion: MacRumors and Monday Note

Nick Diakopoulos / Nieman Journalism Lab:

Finding tools vs. making tools: Discovering common ground between computer science and journalism — The second Computation + Journalism Symposium convened recently at the Georgia Tech College of Computing to ask the broad question: What role does computation have in the practice of journalism today and in the near future?

Josh Sternberg / Digiday:

Why LinkedIn is a Sleeping Giant of Publishing — Let's say you were to construct the ideal business publisher from scratch. It would have a strong tech platform that doesn't slow down because of too many users or ads. It would foster direct connections.

Thanks:@joshsternberg