Top News:
Jeff Bercovici / Forbes:
NY Times Overhauls Its Strategy With Tiered Pricing, Live Events and...Games? — Two years ago, the conventional wisdom in the newspaper business said people wouldn't pay for online news. — By a year ago at this time, the consensus had shifted, largely thanks to the success of The New York Times's …
Discussion:
The New York Times Company, FishbowlNY, Poynter, Guardian, NetNewsCheck Latest, Capital New York, The Wrap and Mashable
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Edmund Lee / Bloomberg:
New York Times Co.'s Sales Miss Estimates as Ad Revenue Dives — New York Times Co. (NYT), the newspaper publisher controlled by the Ochs-Sulzberger family, reported first-quarter sales that missed analysts' estimates as it continued to lose advertising dollars.
Discussion:
The New York Times Company and New York Times
Zachary M. Seward / Quartz:
The New York Times paywall has hit a growth wall — The New York Times just announced weak first-quarter results as advertising revenue slipped, but if you're trying to gauge the future health of America's preeminent newspaper, this is the key figure: 676,000 digital subscribers as of March 31 …
Discussion:
paidContent and New York Magazine
Peter Kafka / AllThingsD:
SpinMedia Adds Vibe Magazine to Its Digital Portfolio, Minus the Magazine — Last year, Steve Hansen bought Spin magazine, killed the print edition, and kept the website. — Now he's singing the same song with a new title: Hansen's SpinMedia is buying Vibe, the 20-year-old hip-hop and R&B magazine …
Doug Stanglin / USA Today:
Student wrongly tied to Boston bombing found dead — Reddit apologized for the ‘dangerous speculation’ on the site that pointed fingers at the student. — A body pulled from the water in a Rhode Island park has been identified as a Brown University student who was mistakenly linked …
Discussion:
Poynter, Fox News, The Independent, Le·gal In·sur·rec· tion, Guardian and The New Yorker
Dale Kasler / Sacramento Bee:
McClatchy Co. posts loss in first quarter — The McClatchy Co. today reported a first-quarter loss because of a continued decline in advertising and some one-time costs. — Sacramento-based McClatchy, which owns The Bee, said it lost $12.7 million, or 15 cents a share …
Discussion:
PR Newswire and Poynter
Michael Calderone / The Huffington Post:
James Bennet, Atlantic Editor, Pushes Back Against New York Times Courting Rumors — NEW YORK — New York Times executive editor Jill Abramson recently met with Atlantic Editor-in-Chief James Bennet and discussed the possibility of him returning to the paper he worked at for 15 years, according to sources familiar with the matter.
Discussion:
Slate and FishbowlNY
Anthony Kosner / The Content Strategist:
What Publishers Can Learn from Google's Patented News Article Rankings — Google is the publisher's angel — and its devil. The search engine claims to connect “1 billion unique users a week to news content,” from 50,000 sources in 30 languages. (By comparison, a large publisher …
Ingrid Lunden / TechCrunch:
WPP CEO Sorrell: Google Will Overtake News Corp As Our Largest Media Investment This Year Or Next — Martin Sorrell, the CEO of WPP, today laid out a stark picture of how significant a role digital is playing for the advertising giant. Speaking at the FT Digital Media Conference in London today …
Discussion:
Guardian
Chris Roush / Talking Biz News:
CNBC names new international head — KC Sullivan has been appointed president and managing director of CNBC International, effective May 8 — Sullivan will report to CNBC's global president and CEO, Mark Hoffman. He replaces Satpal Brainch, who is moving to become executive vice president …
Joe Flint / Los Angeles Times:
NBC News looks outside the company and country for a president — Deborah Turness, news editor for Britain's ITV Network, is the latest executive to be mentioned as a possible successor to NBC News President Steve Capus. — NBC's hunt for a new president of its news division has gone beyond …
Discussion:
TVNewser
Andrew Wallenstein / Variety:
A La Carte TV Will Never Be … The prospect of consumers getting the ability to choose which cable channels they want has proven to be a remarkably resilient fantasy. — Maybe that's because TV executives can't seem to resist giving the proposition just enough attention to make it seem possible.