Top News:
Steven Mufson / Washington Post:
The Washington Post Co. earnings decline; revenue sees slight increase — The Washington Post Co. reported an 85 percent drop in earnings, although after subtracting one-time items, profits from continuing operations fell by 55 percent while revenue inched up slightly.
Discussion:
Poynter and paidContent
RELATED:
Jennifer Saba / Reuters:
Washington Post profit plunges 85 percent on weak news, education revenues — (Reuters) - Washington Post Co reported an 85 percent drop in first-quarter net income on Friday on weakness in its education and newspaper businesses. — Stronger results from the television and cable operations …
Discussion:
RTTNews, Fort Mill Times and New York Magazine
Sharon Waxman / The Wrap:
CNN: Howard Kurtz and ‘Reliable Sources’ Under Review — The media critic, fired from The Daily Beast, is now under review with his CNN bosses — Howard Kurtz and his weekly “Reliable Sources” media talk show are under review after his firing from The Daily Beast over erroneous reporting, a CNN spokeswoman told TheWrap on Thursday.
Discussion:
FishbowlNY, mediabistro.com, Inside Cable News and The Huffington Post
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Joe Pompeo / Capital New York:
“The Daily Beast and Howard Kurtz have parted company” were the words used by Daily Beast founding editor Tina Brown in a statement to Politico's Dylan Byers. — The news about her putative Washington bureau chief, who never was really much of a politics editor but came from a long career …
Discussion:
BuzzMachine, @thetinabeast, The Huffington Post, Politico, New York Times, TVNewser, Slate, Salon, Business Insider, National Review, Erik Wemple, Vanity Fair, The Daily Beast, Politico, @howardkurtz, Tampabay.com, Gawker, Media News, Chickaboomer, Guardian, @mlcalderone, @abeaujon, The Week Magazine, @antderosa, Mediaite, @hunterw, @jeffjarvis, Erik Wemple, @mlcalderone, @jayrosen_nyu, The Atlantic Wire, The Week, FishbowlDC, Mediaite, The New York Observer, The Daily Caller, Politico, New York Magazine, FishbowlNY and @rajunarisetti
Peter Gelling / GlobalPost:
American journalist likely held by Syrian government — BOSTON, Mass. — After a five-month investigation inside Syria and the wider Middle East, GlobalPost and the family of missing American journalist James Foley now believe the Syrian government is holding him in a detention center near Damascus.
Discussion:
CBS Boston
Nat Ives / AdAge:
New York Is Magazine of the Year at National Magazine Awards — Pitchfork Wins for General Excellence in Digital — New York magazine was named magazine of the year at the annual National Magazine Awards on Thursday night, taking home a prize only introduced in 2010 to honor brands that excel in both print and digital media.
Discussion:
Mashable, New York Times, mediabistro.com, The Huffington Post, The Atlantic Online, MinOnline, Capital New York and WWD
Jillian C. York / Mediashift:
Why We Still Need World Press Freedom Day — Eskinder Nega is an Ethiopian journalist and blogger who, in July 2012, was convicted under the country's broad anti-terrorism law and sentenced to 18 years in prison for exercising his right to free expression. Nega's conviction has been roundly condemned …
Mathew Ingram / GigaOM:
Why we should stop asking Twitter to introduce a correction feature — Every time a breaking news event like the Boston bombings occurs and Twitter becomes a hot mess of real-time news reports, hoaxes, fake accounts and misinformation, there is a great hue and cry for some kind of correction mechanism …
Discussion:
NationalJournal.com
Peter Kafka / AllThingsD:
Spotify Takes a Page From the Twitter Playbook, Buys Music Discovery App Tunigo — Last fall, Twitter bought We Are Hunted, a “music discovery” startup that made a popular app for Spotify. — Apparently Spotify is paying attention: It just bought Tunigo, another music discovery startup with a popular Spotify app.
Discussion:
TechCrunch, VentureBeat, GigaOM and CNET
Joe Flint / Los Angeles Times:
Cablevision to give kids network Sprout a boost — “The Chica Show” is Sprout's most popular original series. (Sprout) — Sprout is spreading its roots. — The kids network aimed at children ages 2 to 5 has landed a distribution deal with Cablevision Systems Corp., a large pay-TV operator in the New York City area.
Discussion:
multichannel.com/rss
Tara Conlan / Guardian:
BBC's troubled £133m digital video archive delays ‘tapeless’ future — Old-fashioned tape editing machines may have to be installed in Broadcasting House in specially-constructed refrigerated areas — A £133m digital video archive designed to ensure the redeveloped New Broadcasting House is …
Discussion:
Beet.TV
Jeff Bercovici / Forbes:
Study Shows Native Ads Outperform Banners...Mostly — There's an awful lot of excitement in the digital publishing world around native advertising and a lot of new marketing dollars being spent on ads that blend seamlessly with or mimic the forms of content.
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