Mediagazer: Who's afraid of the Koch brothers? (Jack Shafer/Reuters)

7:00 PM ET, May 1, 2013

Top News:

Peter Kafka / AllThingsD:

Time Inc. Revenues, Subscription Dollars Down — Later this year Time Warner is supposed to jettison Time Inc., its iconic publishing arm. Today's earnings results illustrate why. And they also make it tough to imagine Time Inc.'s appeal to public investors.

Discussion: New York Times, Radio & Television … and FishbowlNY

Joe Flint / Los Angeles Times:
Time Warner CEO downplays idea of offering HBO Go as stand-alone

Discussion: AllThingsD and @edmundlee

Catherine Saillant / Los Angeles Times:

L.A. councilmen want city to weigh in on possible Times sale — Three Los Angeles City Council members — including a candidate for mayor — asked their colleagues Tuesday to consider pulling city pension money from the investment firms that own the Los Angeles Times if they sell the publication …

Discussion: JIMROMENESKO.COM, Hit & Run, LA Observed and The Huffington Post

Jack Shafer / Reuters:

Who's afraid of the Koch brothers? — The thought of the Koch brothers purchasing the Los Angeles Times so distressed staffers attending a recent in-house award ceremony that half of them raised their hands when asked if they would quit their jobs should the paper — which has come …

Discussion: New York Times and Free Press

Anthony W. Marx / New York Times:

E-Books and Democracy — WRESTLING with my newspaper on the subway recently, I noticed the woman next to me reading a book on her smartphone. “That has to hurt your eyes,” I commented. Not missing a beat, she replied, in true New York style, “My font is bigger than yours.” She was right.

Discussion: Associated Press, Digital Book World, Digital Book World, GalleyCat, Bookseller news and AppNewser

Laura Hazard Owen / paidContent: Following pilot, Hachette will make all of its ebooks available to libraries nationwide

Robinson Meyer / The Atlantic Online:

The Company That's Buying Up All the Key Pieces of the Online News Ecosystem — Betaworks has its tentacles in nearly every part of how stories are made, read, and measured. — In the past couple years, an ecology of sorts has come into being among online news sites.

Discussion: Adweek, @axb21, @stilgherrian, @richgor, @lexilewtan, @mededitor, @berkowitzrtrs and Kirk LaPointe's …

Justin Ellis / Nieman Journalism Lab:

Every page is your homepage: Reuters, untied to print metaphor, builds a modern river of news — Reuters, as a wire service, has the concept of a minute-by-minute stream of news deep in its DNA. So it's natural that its digital presence would echo that — a flowing river of information …

Mathew Ingram / paidContent:

Newspapers need to stop lying to themselves — and to advertisers — about their circulation — A trade group says that newspapers like the New York Times have seen large increases in circulation, but that's partly because they are allowed to count their readers multiple times. The industry needs to do better.

Discussion: @jackshafer, @jackshafer, LA Biz Observed, @stevebuttry, The Dish, Guardian, New York Times, Forbes, Bloomberg, Media Nation and Gannett Blog

Andrew Beaujon / Poynter:

Former Times-Picayune editors will lead Baton Rouge Advocate, which has a new owner — Former New Orleans Times-Picayune managing editors Dan Shea and Peter Kovacs will serve as General Manager and Editor, respectively, of the Baton Rouge Advocate, which announced it had been purchased …

Discussion: WWL-TV, Blog of New Orleans, Gambit, Columbia Journalism Review and WWL

The Advocate: Georges buys The Advocate

Joshua Benton / Nieman Journalism Lab:

The New York Times launched a revamped mobile site today — You can check it out at mobile.nytimes.com. A few quick thoughts: — In typography and story layout, it's much closer to the Times' iPhone app, edging closer toward cross-platform parity. (Headlines are still just Georgia …

Erik Wemple:

Father of New York Post ‘Bag Man’ seeks legal counsel — El Houssein Barhoum is the father of one of the young men depicted on the April 18 cover of the New York Post. “Bag Men,” read the headline, with this explanation: “Feds seek these two pictured at Boston Marathon.”

Discussion: FishbowlNY, Yahoo! News, The Huffington Post, Gawker and New York Magazine

Brian Fung / The Atlantic Online:

Retwact: A Tool for Fixing Twitter's Misinformation Problem — Can an enterprising developer striking out on his own solve one of the social network's biggest flaws? — Even worse than the pornbots and trolls, one of Twitter's enduring drawbacks is that there's no reliable way to issue corrections with the service.

Discussion: eMedia Vitals and The Next Web

Kim Masters / Hollywood Reporter:

China's Surprise Tax Prompts Hollywood Standoff — Fox refuses $23 million in “Life of Pi” money as the MPAA fights to enforce a trade deal. — As Iron Man 3 rolls outs in China, it's unclear whether Marvel will hurry to cash any checks from the country.

Steve Annear / Boston Magazine:

Former Phoenix Reporters Launch Online Alt-Weekly — “The Media” is an ad-free weekly publication trying to fill at least some of the void left by the defunct magazine. — With The Phoenix long gone, and the red boxes that once held it obsolete from city streets, three former staff members …

Jim Romenesko:

Carolyn Ryan is named New York Times political editor — Carolyn Ryan has been named New York Times political editor and Wendell Jamieson replaces her as metro editor. The memo:

Discussion: Capital New York

Carl Franzen / The Verge:

Rap Genius launches ‘News Genius’ to explain current events — Rap Genius, the popular site that lets users explain rap lyrics by annotating specific words and lines with their own descriptions and links to supporting facts, is looking to expand its reach to cover more current events and breaking news.

Discussion: VentureBeat, TechCrunch, Mashable, TechCrunch and Betabeat

Maureen Farrell / CNNMoney.com:

Peter Thiel: Twitter will outlast the New York Times — Tech visionaries Peter Thiel and Marc Andreessen disagree on the promise of Twitter, but both see a relatively long lifespan for the social media firm. At least in Internet years. — In a debate with Andreessen …

Discussion: ZDNet and Betabeat

Michael Calderone / The Huffington Post:

Howard Kurtz's Connection To Little-Known Website Raises Questions — NEW YORK — Howard Kurtz, the Washington bureau chief for The Daily Beast and Newsweek, has been regularly contributing to, and heavily promoting, a lesser-known media website with no financial ties to his full-time employer.

Discussion: Gawker