Mediagazer: Maxim Magazine Said to Fetch Bids of About $20 Million (Edmund Lee/Bloomberg)

3:05 AM ET, July 10, 2013

Top News:

Newsroom Diversity: A Casualty of Journalism's Financial Crisis — New numbers from the American Society of News Editors show that the progress of women and minorities in media has halted. — The American Society of News Editors (ASNE) recently released its annual study of newsroom diversity.

Discussion: Nieman Journalism Lab, @macdiva, @michaelluo, @b3_cc4, Politico, @gwenifill, @northstarnews, @polinjun, @anupkaphle, @seungminkim, @propublica, @amydownsouth and @juliaioffe

Edmund Lee / Bloomberg:

Maxim Magazine Said to Fetch Bids of About $20 Million — Maxim magazine, the bawdy men's title that went up for sale in March, is seeing some bids of about $20 million, less than a 10th of the price its owners paid six years ago, according to people familiar with the situation.

Discussion: @jedschneiderman, @tylerborchers, @edmundlee and @mathewi

Todd Spangler / Variety:

Guggenheim Exit Leaves Hulu a Pay-TV Pawn — Three bidders remain: DirecTV, AT&T, Time Warner Cable — The pay-TV biz is going to get its hands on Hulu. — With Guggenheim Digital Media and KKR opting out of the hunt for Hulu, as CNBC reported Tuesday, that leaves three bidders …

Discussion: CNBC

Jeff Bercovici / Forbes:
Hulu Sale Attracts Plenty Of Bidders, But For What, Exactly?

Discussion: Broadcasting & Cable

Bill Mickey / Folio:

Report: Number of Magazine Launches Continues to Decrease — New title total down again for first half, to 97, says MediaFinder. — In its quarterly survey, MediaFinder reported that 97 magazines launched and 29 closed in the first half of 2013. — Once again, the categories most likely …

Discussion: @lorraineball

Dan Kennedy / Nieman Journalism Lab:

Charting a locally owned, for-profit future for community news — For those of a certain age, perusing the ads posted at The Batavian, the for-profit news site in Batavia, New York, can seem a lot like flipping through the pages of a weekly community newspaper a generation or two ago.

Discussion: Street Fight, FishbowlNY and The Batavian

Sydney Brownstone / Co.Exist:

Twitter Vs. Mainstream Media: Science Proves Which Breaks News Faster — The revolution will not be televised, but it might be tweeted. A new study shows that Twitter has a lead time on newswires for certain stories—including sports, disasters, and sometimes riots.

Discussion: @helpareporter

Greg Sandoval / The Verge:

Pandora's PR problem: how the web radio titan became music's big villain — The company has made few friends with its pitch for higher royalties — When Tim Westergren says something about music, it's easy to believe him. He not only possesses rock-star good looks and a background as a pianist …

Cliff Edwards / Bloomberg:

Netflix CEO Raises Hackles With Earnings Videocast Plans — Netflix Inc. (NFLX) Chief Executive Officer Reed Hastings, who drew regulatory scrutiny with Facebook posts on subscriber gains, is raising hackles again with plans for a moderated videocast instead of a quarterly earnings call.

Discussion: Associated Press and Quartz

Michael Rondon / Folio:

The Dolan Company Sells Two Business Services Assets — B-to-b publisher, services provider sells legal properties for $17 mil. — B-to-b publisher and professional services provider The Dolan Company has announced agreements to sell off two of its legal services businesses to affiliate groups.

Discussion: Minneapolis Star Tribune

Rani Molla / GigaOM:

Prss is trying to design the iPad publishing app that Apple never built — A Netherlands-based company wants to revolutionize iPad publishing. In much the same way that Quark enabled desktop publishing in the eighties and platforms like WordPress and Tumblr allowed anyone to cheaply …

Discussion: eMedia Vitals

Amar Toor / The Verge:

Without the web, Syrian journalists turn to pirate radio — As civil war rages, a Paris-based station tries to undermine Syria's propaganda machine — Lina Chawaf has spent the past two years watching her friends disappear in Syria. Some were killed, others imprisoned. Many, like Chawaf, were journalists.

Bloomberg:

Moguls Flying to Sun Valley With $53 Billion Deal Revival — Media dealmakers digesting $53 billion of mergers, spinoffs and acquisitions announced so far this year head to Allen & Co.'s Sun Valley conference this week to lay the groundwork for more. — So far, more than 240 media deals …

Discussion: Media Money …, @jboorstin, @claireatki, @peterlauria3, The Wrap, @lianabaker, @edmundlee, @lianabaker, jessica lessin and bizjournals

Jack Mirkinson / The Huffington Post:

Rupert Murdoch Summoned To Parliament Again — Rupert Murdoch has been summoned to appear before a British parliamentary committee for the second time in three years. — The Culture, Media and Sport Select Committee announced Tuesday that it had voted to ask Murdoch to face new questions …