Mediagazer: AG Eric Holder says that the leak to AP now being hunted “put the American people at risk - and that is not hyperbole.” (Jon Swaine/@jonswaine)

2:00 PM ET, May 14, 2013

Top News:

Gov't obtains wide AP phone records in probe — The Justice Department secretly obtained two months of telephone records of reporters and editors for The Associated Press in what the news cooperative's top executive called a “massive and unprecedented intrusion” into how news organizations gather the news.

Michael H. Miller / The New York Observer:

Just a Crook? Pentagon Papers Lawyer Thinks Obama Is Worse Than Nixon — James C. Goodale, the so-called “father of reporters' privilege” and the author of a new book called Fighting for the Press (CUNY Journalism Press, 255 pp., $20), was in his office at the Debevoise & Plimpton law firm …

Discussion: Broadcasting & Cable and Mediaite

Jon Swaine / @jonswaine:

AG Eric Holder says that the leak to AP now being hunted “put the American people at risk - and that is not hyperbole.”

Jack Mirkinson / The Huffington Post:

Condemnation Of DOJ's AP Probe Continues; Carl Bernstein Calls It ‘Inexcusable’ — The Obama administration woke up on Tuesday to another morning of scorching criticism about the Justice Department's decision to secretly obtain months of Associated Press phone records.

Discussion: Politico and Washington Post

nycsouthpaw / BuzzFeed:
Republicans In Congress Killed A Media Shield Law That Would Have Protected The Associated Press

Discussion: The Huffington Post, msnbc.com and The Week

Nitasha Tiku / Gawker:

Source: Bloomberg Was Supposed to Cut Off Spying Last Year, But Didn't — A high-ranking newsroom official for Bloomberg News was ordered last year to cut off reporters' access to information about how clients used the company's information terminals, according to a former Bloomberg reporter, but the spying continued anyway.

Discussion: New York Times, Financial Times and Politicker

Heidi Moore / Guardian:
The Bloomberg ‘snooping scandal’ is completely overblown

Discussion: Fortune, New York Post, Columbia Journalism Review, AllThingsD, The Tell, Naked Security, The Dish, Mashable and FishbowlNY

Wall Street Journal:
FDIC and Bloomberg In Contact Over Data

Discussion: Kirk LaPointe's …

Adi Robertson / The Verge:
Thousands of confidential Bloomberg terminal messages allegedly posted online

Discussion: National Review, Gizmodo, Quartz, Business Insider, Talking Points Memo and Wall Street Journal

DealBook:

American Investor Targets Sony for a Breakup — Updated — An American hedge fund billionaire known for starting big fights has called for a breakup of the entertainment and electronic colossus Sony, according to people briefed on the matter, possibly setting off a battle that could roil Japan's famously staid corporate culture.

Jonathan Skillings / CNET:

Aereo gets set for Atlanta debut — The capital of Georgia will be the third city to get the TV streaming service, following New York and, from tomorrow, Boston. — Aereo is getting on a roll, with plans now to bring its streaming TV service to Atlanta. — The Atlanta launch is scheduled …

Discussion: The Wrap, Home Media Magazine, paidContent, TechCrunch, Hollywood Reporter, Broadcasting & Cable, Variety, The Next Web and The Verge

Reuters:

Britain charges reporter on Murdoch's Sun in corruption probe — British prosecutors have charged a reporter on Rupert Murdoch's Sun newspaper over alleged payments of more than 17,000 pounds ($26,000) to officials for details of confidential government spending plans.

Discussion: Bloomberg, Channel NewsAsia and The Huffington Post

Lucia Moses / Adweek:

Atlantic Media to Launch Another Digital-First Brand, for Defense Community — Six months after launching digital business site Quartz, Atlantic Media is preparing to roll out its fifth brand and second “digital-first” property. Defense One, a news and information site for the national security community …

Discussion: Folio, FishbowlNY, Mashable and eMedia Vitals

Emil Protalinski / The Next Web:

Sandvine: Netflix owns one-third of North American traffic at peak, has doubled its mobile share in 12 months — Once again, broadband Internet service tracking firm Sandvine has released its latest report for North America, and once again, Netflix is ruling Internet usage.

Discussion: GigaOM, AllThingsD and Softpedia News

Jim Edwards / Business Insider:

Advertisers Will Spend Nearly $10 Billion This Week On A Broken TV Model — This week, advertisers will sit down with the broadcast TV networks and hash out their “upfront” ad buying deals for the year. — The talks are one of advertising's huge, dramatic set-pieces.

Discussion: AdAge, Variety and New York Times

Micah Singleton / CE: The Magazine:

A Chat With Jon Mitchell, Proprietor of The Daily Portal — Last week, on the day he unveiled his newest project, I had the chance to catch up with Jon Mitchell, founder of The Daily Portal, the newest addition to a rapidly growing collection of high-quality digital magazines.