Mediagazer: Tumblr documents the Chicago Sun-Times' descent into iPhone photography (Aja Romano/Daily Dot)

11:40 AM ET, July 8, 2013

Top News:

Peter Lattman / DealBook:

Thomson Reuters to Suspend Early Peeks at Key Index — Over the last several years, an exclusive group of investors has paid a steep premium to receive the results of a closely watched economic survey a full two seconds before its broader release. Those two seconds can mean millions …

Discussion: Wall Street Journal, Quartz, Corporate Intelligence and Business Insider

Brent Lang / The Wrap:

Village Voice Taps Tom Finkel for Editor — Former Riverfront Times editor tasked with revitalizing troubled alt-weekly — Tom Finkel will take the reins of struggling alt-weekly the Village Voice, the Voice Media Group said Monday. — Finkel comes to the New York publication …

Discussion: Poynter, FishbowlNY and The New York Observer

Brian Stelter / New York Times:

Campaign Ad Cash Lures Buyers to Swing-State TV Stations — When Allbritton, the media company that owns Politico, put its seven television stations up for sale this spring, analysts quickly singled out one as the most attractive: WJLA, the company's ABC-affiliated station in Washington …

Discussion: Poynter and Reflections of a Newsosaur

Lisa O'Carroll / Guardian:

Press industry pushes ahead with new regulator despite political deadlock — Leading newspaper and magazine publishers take first steps in setting up Independent Press Standards Organisation — The newspaper and magazine industry is pushing ahead with the establishment of a new press regulator despite …

Discussion: Jon Slattery, @joshhalliday, Guardian, Big News Network.com, Hollywood Reporter, City A.M. Feed and HoldTheFrontPage

Hamish McKenzie / PandoDaily:

Not pretty, but profitable: Wall St Cheat Sheet writes its own rules for new media — The Wall St Cheat Sheet looks like a throwback to an almost-obsolete Internet media era. Banners are dead? Not here. The site has two on each page, along with three square ad units, a skypscraper …

Discussion: eMedia Vitals and The Week

Joe Flint / Los Angeles Times:

DirecTV among pay-TV distributors seeking over the top rights — Some of the nation's biggest pay-TV distributors are seeking to secure so-called over-the-top, or OTT, rights from programmers, according to several industry executives. — The efforts, if successful, could ultimately clear …

Discussion: The Verge

Kareem Fahim / New York Times:

Egypt's New Leaders Press Media to Muzzle Dissent — CAIRO — As soldiers and policemen opened fire on supporters of President Mohamed Morsi outside an army officers' club on Friday, killing at least four people, one of Egypt's state television channels broadcast a religious show that advised viewers to respect the elderly.

Discussion: Al Jazeera English

Ken Yeung / The Next Web:

Inside YouTube's massive LA studio where it hopes to foster content that will rival television and cable — The Internet is certainly a magical place and has become the place to share information with everyone. YouTube has been one of the preeminent services to help people express themselves.

Discussion: ClickZ

Jack Shafer:

In praise of tabloid TV — Allow me to defend cable TV's extended live coverage of the George Zimmerman murder trial, even though I've not watched a second of it, nor have I tuned in to any of the nightly rehashes aired on CNN, HLN, MSNBC and Fox News Channel.

Discussion: @ravisomaiya

Sarah Young / Reuters:

App developer Shazam gets $40 mln backing from tycoon Carlos Slim — (Reuters) - Smartphone app developer Shazam has found an unlikely ally in the form of Carlos Slim, one of the world's richest men, who is investing $40 million to back the development of the start-up best known for helping music fans identify catchy songs.

Discussion: Sky News, AllThingsD, Hollywood Reporter, Financial Times, Beet.TV, CNET, TechCrunch and Variety

Associated Press:

Newseum draws visitors but loses money; Officials reorganize education programs — Most museums have been struggling in recent years since the Great Recession, Ellis said. Many are contending with rising expenses and must find ways to increase revenue. — As part of its reorganization …

Discussion: Poynter

Vinay Sitapati / India Ink:

Hindi Paper Finds Success Going Hyperlocal — JAIPUR, Rajasthan - On June 25, I walked into Kesargarh Fort in Jaipur, the capital of the northern Indian state of Rajasthan. Where cannon were once mounted, now lies a silver printing press. The monotype-casting machine is the only giveaway …