Top News:


Bloomberg Reporters' Practices Become Crucial Issue for Company — Most journalists dream of uncovering government corruption, landing a big interview or winning a Pulitzer Prize. But those are not the goals that Thomas F. Secunda, who co-founded Bloomberg L.P. in 1982 with Michael R. Bloomberg, has in mind.
Discussion:
Capital New York, Wonkblog and Talking Biz News


Venerable Format of ‘NewsHour’ Struggles With New Era of Media — For many of its 38 years, the sober studio-interview format of the “PBS NewsHour” has served the program well, drawing viewers and corporate underwriters alike. But with a deep financing crisis forcing layoffs and other cutbacks this week …
Discussion:
TVNewser, @jayrosen_nyu and Online NewsHour


CBS News confirms multiple breaches of Sharyl Attkisson's computer — CBS News reporter Sharyl Attkisson revealed in May that her computer had been compromised. When asked about the situation, CBS News responded with a statement that it was conducting an investigation.
Discussion:
TVNewser


Global Radio appeals against order to sell off GMG Radio stations — Competition Commission ordered the sale of stations in seven areas of the UK over concerns about effect on competition — Global Radio is refusing to give up its fight to keep control GMG Radio, owner of the Real and Smooth networks …
Discussion:
Media Week, Radio Today, The Drum and Music Week


David DeVoe to Retire from News Corp. — David DeVoe, CFO of News Corporation, will retire from the company after it splits, on June 28. He will retain his seat on News Corp.'s board of directors, a spot he has held since 1990. — Succeeding DeVoe is John Nallen, who will be named senior executive VP …
Discussion:
@neilchenoweth, Media News, @davidfolkenflik, Deadline.com, Variety, The New Yorker Blog, The Wrap, Broadcasting & Cable, New Yorker, TVNewser and Guardian
RELATED:

News Corp's Rupert Murdoch Files For Divorce Which Won't Affect News Corp Split
Discussion:
Hollywood Reporter, Guardian, TVWeek.com, FishbowlNY, Los Angeles Times, New York Magazine, Broadcasting & Cable, Guardian, TIME, Wall Street Journal, The Huffington Post, Guardian, New York Times, The Age, Forbes, JIMROMENESKO.COM, The Huffington Post, Financial Times, Gawker, TVNewser, BuzzFeed, Bloomberg, Business Insider, @amychozick, The Daily Beast, Mediaite, @dansabbagh, Financial Times, @ckrewson, Los Angeles Times, @amywicks01, @benfenton, New York Magazine, @nycjim, @bigalibutts, @shoq, @bevysmith, Mirror.co.uk, @stifanovich, @kenli729, @eelarson, @themediatweets, The Atlantic Wire, trust.org, @amychozick, @mlcalderone, @emilybell, @dgelles, The Wrap, The Reliable Source, Salon, Gothamist, Business Insider, New Jersey Online, BuzzFeed, The New York Observer, Digital Spy and BBC


API Code Could Point To Facebook Building An RSS Reader — Move over Reeder, Feedly, Digg, NewsBlur, Feedbin and the rest of the RSS players who hope to pick up some new users with the impending demise of Google Reader. Facebook may also be looking to wade into the game.
Discussion:
Tech Shout!, Ubergizmo, AllFacebook, Business Insider, The Digital Reader, Softpedia News and Tom Waddington


Obama: Government must find ways to free up wireless spectrum — (Reuters) - President Barack Obama will order federal agencies to look for ways they can eventually share more of their airwaves with consumers and businesses that will need more of the spectrum for smartphones and tablets, the White House said on Friday.
Discussion:
USA Today and Associated Press


Steven Spielberg and George Lucas predict ‘massive implosion’ in film industry — Movie theaters may be left behind for the living room — George Lucas and Steven Spielberg think the film industry is heading towards a cliff. The pair behind some of the most successful franchises …
Discussion:
Hollywood Reporter, Media Money … and CNET


Yes, iTunes Radio could crush Pandora. But that's just for starters — Apple might seem late to the streaming music word, but, really, the digital music revolution is just getting going. — Eddy Cue unveiling iTunes Radio — iTunes chief Eddy Cue unveiled Apple's iTunes Radio …
Discussion:
Radio & Television …, TechCrunch, Forbes and ZDNet


Sources: DirecTV will acquire Hulu by month's end, and why the deal makes sense — Several sources with knowledge of the ongoing Hulu acquisition talks tell PandoDaily that a deal is imminent and that DirecTV is the likely victor. The acquisition price will be written with a “B,” according to our sources, but just barely.
Discussion:
SlashGear, Gizmodo, BGR, Softpedia News and Home Media Magazine

Reporting, or illegal hacking — Scripps reporters are accused of violating the Computer Fraud and Abuse Act — The team at Scripps Howard News Service didn't use any tools that aren't used in newsrooms across the country in the regular course of reporting.
Discussion:
@onthemedia


BMI Files Suit Against Pandora — Broadcast Music Inc. is seeking a determination of rates for a blanket license for all music played on the streaming service. — BMI, Broadcast Music Inc., today filed suit at the U.S. Southern District Federal Court in New York, seeking a determination …
Discussion:
Variety, The Verge, Engadget, The Wrap, The Next Web, Music Week, Radio & Television … and Forbes


Nonprofit news organizations: some want government subsidy — News outlets often have an adversarial relationship with the government, a longstanding tension underscored most recently by the Obama administration's pursuit of leaks to the Associated Press and Fox News Channel and the decisions …
Discussion:
The Newspaper Guild, Post Politics, Poynter and Kirk LaPointe's …

Largest Newspaper Owner In Nation Apparently Doesn't Want To Be In Newspaper Business — Gannett, which owns the USA Today, Detroit Free Press and 80 other daily newspapers, spent $2.2 billion to buy a TV station company Thursday. Gannett now owns 43 TV stations and gets more revenue from broadcasting than newspapers.
Discussion:
Businessweek, Gannett Blog and GeekWire
RELATED:

Gannett's deal for Belo worries media watchdogs
Discussion:
Newsonomics, TVNewsCheck.com and Free Press