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7:50 PM ET, April 5, 2013

Mediagazer

 Top News: 
Kevin Roose / New York Magazine:
Meet Twitter's Newest Clique: Bloomberg's Terminal Tweeters  —  Until this week, many Wall Street bankers and traders had no access to Twitter.  Despite the fact that Twitter is now where lots of breaking news (including today's jobs day numbers) happens first, most big banks shut off access …
RELATED:
Zachary M. Seward / Quartz:
BLS tweet beats everyone on today's jobs figure  —  Every month, when the US jobs report is announced, journalists race to tweet the number as fast as they can.  Many investors, meanwhile, pay lots of money for fast access to the data so they can trade on the reaction.
Joe Weisenthal / Business Insider:
Jeff Bezos Invests in Business Insider  —  Jeff Bezos has invested in Business Insider, according to an internal memo we have just obtained.  Here's the memo from Business Insider CEO and Editor-in-Chief Henry Blodget: Team, I wanted to share the details of the financing we mentioned last night.
RELATED:
Alex Weprin / TVNewser:
CNN Looking To Revive ‘Crossfire’  —  CNN is looking to bring back “Crossfire,” TVNewser hears.  The long-running political debate show was canceled in 2005.  —  It isn't entirely clear what time the program would air, though we hear it would likely be a 30-minute format.
Discussion: The Huffington Post
Erik Maza / WWD:
Cuts at the New York Observer  —  OBSERVER CUTS: The New York Observer laid off 11 people from the business side of its overall media group on Friday, it said, as part of a reorganization of its sales team.  —  They are the most significant cuts at the weekly since June 2009 …
Reuters:
Exclusive: Former News Corp President Chernin bids $500 million for Hulu  —  (Reuters) - Former News Corp president Peter Chernin bid around $500 million for Hulu, the online video streaming service he helped create in 2007, according to two sources with knowledge of Hulu's sale process.
Discussion: AllThingsD, Variety, The Verge and Engadget
Andrew Beaujon / Poynter:
Report: U-T offered ad discounts to causes owner favored  —  KPBS  —  U-T San Diego offered discounts to some political candidates in 2012, potentially violating federal, state and local laws, Ryann Grochowski and Amita Sharma report.  —  U-T CEO John Lynch told the reporters the ads were sold …
Discussion: KPBS San Diego
Hollywood Reporter:
THR Launches Entertainment-Tech Blog ‘Behind the Screen’  —  Contributing editor Carolyn Giardina will edit the blog, which covers everything from the key players to the disruptive technologies behind films, TV and mobile content.  —  The Hollywood Reporter has launched Behind the Screen …
Discussion: FishbowlLA
Paul Sloan / CNET:
For labels, Apple's iRadio deal could be sweeter than Pandora  —  Apple is close to a deal with two major music labels to bring to life its streaming music service, which could pay labels better than Pandora does.  —  Apple is close to striking a streaming deal with two of the major music labels …
Joe Pompeo / Capital New York:
Longreads partners with ‘The Atlantic’  —  Longreads, the long-form journalism aggregator founded by Mark Armstrong in 2009, has a struck a partnership with The Atlantic.  —  Under the terms of the collaboration, The Atlantic's sales team will begin selling ads against the Longreads platform.
Josh Sternberg / Digiday:
Is Amazon the Sleeping Giant of Media?  —  Slowly but surely, Amazon is inching towards becoming a full-out media company.  —  Amazon began selling ads six years ago.  But through its Amazon Media Group, it now offers brands and agencies display ads across its owned and operated sites …
Tracie Powell / Columbia Journalism Review:
Next FCC chairman will impact journalism  —  Why journalists should care who succeeds Julius Genachowski  —  Federal Communications Commission Chairman Julius Genachowski announced last month that he was stepping down, and journalism advocates have since been lining up to voice opinions …
Discussion: Kirk LaPointe's … and The FJP
 
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 More News: 
Rebecca Greenfield / The Atlantic Wire:
Who's Afraid of Michael Arrington?
Discussion: Betabeat and Gawker
Josh Halliday / Guardian:
Sun journalists ‘badly affected by Leveson’, says readers' editor
Eriq Gardner / Hollywood Reporter:
ESPN Spent $5 Million in Legal Fees Defending Its Licensing Contracts
Brendan Coyne / AdNews:
Paywall race is on as News Limited registers News Plus domain
 Earlier Picks: 
Erik Maza / WWD:
Condé Nast Promotes Louis Cona
Discussion: New York Post
Claire Cain Miller / New York Times:
As Web Search Goes Mobile, Competitors Chip at Google's Lead
Scott Roxborough / Hollywood Reporter:
‘Angry Birds’ Publisher Rovio Doubles Yearly Revenue to $195 million
John Herrman / BuzzFeed:
↓↓↓ Look Down ↓↓↓
Paul Sawers / The Next Web:
AOL strikes deal with the Publishing Group of America to exchange online video content
Discussion: eMedia Vitals and Adotas
Marc Graser / Variety:
Disney Staffers Brace for Layoffs Amid Planned Reorg (EXCLUSIVE)
Brian Stelter / Media Decoder:
Al Jazeera Hires First Anchor for New U.S. Channel