Mediagazer: McClatchy Co. posts loss in first quarter (Dale Kasler/Sacramento Bee)

10:35 AM ET, April 25, 2013

Top News:

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

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, Capital New York, The Wrap and Mashable

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

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 …

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

Aurindom Mukherjee / Reuters:

Time Warner Cable revenue misses as data services disappoint — (Reuters) - Time Warner Cable Inc, the second-largest U.S. cable operator, reported first-quarter revenue below analysts' estimates as it added fewer-than-expected subscribers for its high-speed data services.

Discussion: Bloomberg, MarketWatch, Hollywood Reporter and RTTNews

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 …

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

BBC:

Leveson report: Newspapers reject press regulation plans — A number of newspapers are to publish a proposal for self-regulation backed by royal charter, after rejecting plans drawn up by the main political parties. — The government and Labour Party agreed to a royal charter last month …

Discussion: Guardian, Telegraph, BelfastTelegraph.co.uk and politics.co.uk

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.

Georg Szalai / Hollywood Reporter:

U.K. to Review Duties of Broadcast Regulator — LONDON — The British government will review the mandate of broadcast regulator Ofcom in an attempt to “save money and increase efficiency for both the regulator and industry.” — In a process announced midweek, the government said it will be looking …