Top News:
Ted Johnson / Variety:
IAC Seeking Buyers for Newsweek (EXCLUSIVE) — Newsweek appears to be on the block — again. — According to sources who have been briefed, IAC is sending out inquiries to prospective buyers who may be interested in purchasing the 80-year-old title, which ended weekly publication …
Discussion:
Politico, FishbowlNY, Adweek, Reuters, @daschles, @peterlauria3, @shirleybrady, @tunkuv, @sarahw, @grahamdavida, @felixsalmon, @jenzchang, @qhardy, @mattyglesias and @jayrosen_nyu
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Dylan Byers / Politico:
Newsweek confirms it is eyeing sale — Newsweek CEO Baba Shetty and editor-in-chief Tina Brown have just sent the following memo to staff, confirming earlier reports that parent-company IAC is exploring a sale of the now online-only magazine: … Developing.
Discussion:
The Huffington Post, Mashable and National Review
Jeff Bercovici / Forbes:
Barry Diller Is Shopping Newsweek. Here's Why. [Updated] — Most rational business people wouldn't go out of their way to deprecate the value of an asset a few weeks before they try to sell it. As he has made abundantly clear throughout his career, however, Barry Diller is not most people.
Discussion:
Capital New York and New York Magazine
Matthew Cooper / NationalJournal.com:
Why a Media Shield Law Isn't Enough to Save Journalists — The only way journalists will be protected is if prosecutors stop being so quick to go after them. — I'm all for a shield law to protect journalists and their sources from government prosecutors. I hope Congress passes one.
Discussion:
Kirk LaPointe's …
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Peter Sterne / The New York Observer:
Shield Law More Like a Cheap Umbrella — Faced with criticism over the government's secret spying on the Associated Press and Fox News, President Barack Obama has tried to burnish his free-press bona fides by pushing for the passage of a federal shield law to protect journalists and their confidential sources.
Discussion:
Mediaite, Hit & Run, Broadcasting & Cable and New Yorker
Mark Hosenball / Reuters:
Attorney general signed off on Fox phone records subpoena
Attorney general signed off on Fox phone records subpoena
Discussion:
The Daily Beast
Mike Isaac / AllThingsD:
Apple's Tim Cook Has a “Grand Vision” for Television — And Still Won't Talk About It — No surprises here — at our 11th D: All Things Digital technology conference, Apple CEO Tim Cook is still staying mum on the company's plans for a proper TV set. — However!
Discussion:
GigaOM, VentureBeat, NYT Bits, Forbes, CNET, The Week, AdAge, The Wrap, The Mac Observer and Softpedia News
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Dara Kerr / CNET:
Apple CEO: We rejected DOJ settlement in e-book suit — With an impending trial in June, Apple CEO Tim Cook maintains that the company had nothing to do with facilitating a conspiracy to raise prices of e-books. — As the last company standing in the upcoming lawsuit over e-book price fixing …
Discussion:
VentureBeat, GigaOM, AllThingsD and Softpedia News
RT:
Larry King joins RT with brand new politics show — Award-winning interviewer Larry King will host a mold-breaking political talk show on RT from next month, speaking to both leading establishment figures, and those who are not afraid to go against the grain.
Discussion:
Politico, TVNewser, Gawker, Mediaite, Broadcasting & Cable, Daily Mail, Business Insider, New York Magazine, The Wrap, BBC, Variety and The Huffington Post
Mark Sweney / Guardian:
Thomson Reuters hires Economist Group chief to head news agency arm — Andrew Rashbass to leave publisher after 15 years, having led digital transformation from print to digital business — Andrew Rashbass, the chief executive of the Economist Group, is to join Thomson Reuters …
Discussion:
New York Times and Globe and Mail
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PR Newswire:
Marco Arment Sells “The Magazine” to Its Editor, Glenn Fleishman — Instapaper founder and Tumblr's first employee sells popular electronic magazine — SEATTLE and HASTINGS-ON-HUDSON, N.Y., May 29, 2013 /PRNewswire-iReach/ — The Magazine, a popular electronic magazine …
Discussion:
Marco.org, The Next Web and Valleywag
Janko Roettgers / GigaOM:
TuneIn raises $25 million, nabs new CFO from Google to monetize radio streaming — Palo Alto, California-based TuneIn has raised a new $25 million round of funding, and it plans to put that money to good use. TuneIn CEO John Donham told me Tuesday that he intends to spend a big chunk …
Discussion:
Forbes, Bloomberg, VentureBeat, TechCrunch and CNET
Bill Mickey / Folio:
Study: One-Quarter of Tablet Owners Prefer Digital Magazines Over Print — As device sales grow, that metric could balloon to 65 percent by 2020. — Digital publishing consultancy Mequoda Group released results of a recent survey that examined the usage and content consumption of tablet owners.
Discussion:
Mequoda Daily
Peter Lauria / BuzzFeed:
Deep Inside NBC Universal's Corporate Culture Makeover — Chief Executive Steve Burke has methodically dispatched with nearly every high level executive from the Jeff Zucker regime. Now it's “all business” — for better or for worse. — Roughly three years into Comcast's ownership of NBC Universal …
Discussion:
Los Angeles Times
Elias Biryabarema / Reuters:
Ugandan police fire tear gas at journalists protesting crackdown — (Reuters) - Ugandan police fired tear gas at journalists in the capital Kampala on Tuesday who were protesting against a media crackdown after press reports sparked a rare public debate on who will succeed aging President Yoweri Museveni.
Ali Velshi / Quartz:
Al-Jazeera host: The solution to what's wrong with American cable news — Lately I've been giving a lot of thought to changing viewer tastes and habits. After 12 years at CNN, I needed to better understand why doing more of the obvious isn't helping to grow an audience, even for long-standing brands.
Discussion:
TheBlaze.com
John Eggerton / Broadcasting & Cable:
SPJ Seeks Delay in Vote on Restricting Newtown Victims' Records — Says tragedy should not be used as an excuse to block access to public documents — The Society of Professional Journalists has asked the Connecticut state legislature to delay a vote on a bill to restrict outside access …
Discussion:
SPJ News