Mediagazer: The making of Medium.com — There is plenty of media in the world already. (Teehan+Lax)

11:50 AM ET, April 7, 2013

Top News:

Dominic Patten / Deadline.com:

CNN's ‘Crossfire’ Back In June; Cancelled In 2005 — After the failed week long experiment of (Get To) The Point and the unsteady The Lead With Jake Tapper, Jeff Zucker is looking for a blast from the past to revive CNN. The ratings-struggling cable new network is bringing back Crossfire in June, network insiders tell me.

Discussion: @brianstelter, @ncroal, Inside Cable News, All Things CNN and The Huffington Post

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: Politico and The Huffington Post

Teehan+Lax:

The making of Medium.com — There is plenty of media in the world already. And no matter what happens to traditional media economics, there's nothing to stop the torrent of information rushing from smartphones, corporations, and new-fangled media startups onto the Internet, available for the world to see.

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, Radio & Television …, AllThingsD, Electronista, VentureBeat, Home Media Magazine, CNET, Variety, The Verge, Deadline.com, Engadget and Broadcasting & Cable

Nicole Perlroth / NYT Bits:

Fake Twitter Followers Becomes Multimillion-Dollar Business — Far from slowing, the market for fake Twitter followers seems to be taking off. — The fake Twitter follower phenomenon made headlines last summer after Mitt Romney's Twitter following jumped by 100,000 in a matter of days.

Discussion: @martinsfp and Business Insider

Eriq Gardner / Hollywood Reporter:

Dish Network's Charlie Ergen Is the Most Hated Man in Hollywood — His company has been labeled the “worst place to work in America,” he's being sued by all four networks, and his ad-skipping Hopper could decimate TV industry economics as THR examines the troubling potential outcome of the entertainment business' ugliest fight.

Wikimedia France:

French homeland intelligence threatens a volunteer sysop to delete a Wikipedia Article — Wikimedia France strongly condemns pressure on Wikipedia sysop by French homeland intelligence agency (DCRI) — In early March, the DCRI (Direction Centrale du Renseignement Intérieur) …

Discussion: ZDNet and Geekosystem

Rezwan / Slate:

Bloggers in Bangladesh Face Threats Online and Off — Bangladeshi bloggers form a human chain to protest the detention of three bloggers. — This post combines content from two recent posts on Global Voices Advocacy. — With political protests raging in the capital city of Dhaka …

Romain Dillet / TechCrunch:

Meet Penguin Random House, The World's Largest Book Publisher That Will Counter Amazon — After the U.S. cleared the deal, the European Commission has officially approved the proposed merger between two of the biggest book publishers in the world, Random House and Penguin.

Discussion: Forbes and Guardian

Jeremy Greenfield / Digital Book World:

Indie Bookstore Sales of Kobo Ebooks Dwarf Google; Still Small — The Harvard Book Store in Cambridge, Mass. has sold about 80 e-readers, three tablets and few hundred ebooks with Kobo so far. — Just six months after forging a partnership with the American Booksellers Association (ABA) …

Discussion: Forbes

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 …

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.