Top News:


Nick Denton Makes Peace With the Banner Ad — Excerpts: — What's your take on native ads: good, bad, or don't care? — Native ads are like any other ad: good when they're good, bad when they're bad, and usually indifferent. — Are social ads or native ads the future?
Discussion:
GigaOM, @mathewi, @rbfishman, @jeffjohnroberts, @johnjcook and Capital New York
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Gawker is letting readers rewrite headlines and reframe articles — Relegating online comments to the bottom of an article seems so old-school newspapery in retrospect, doesn't it? — Long the default for many news organizations online, the message is that reader comments are an afterthought …
Discussion:
FishbowlNY, @matthewwells, @nicknotned, @kinja, @nicknotned, @vbelairgagnon, @scrippsnews, @joemfbrown, @aaretz and Jezebel


KTVU producers fired over Asiana pilots' fake names — KTVU-TV has dismissed at least three veteran producers over the on-air gaffe involving the fake names of those Asiana airline pilots that became an instant YouTube hit - and a major embarrassment to the station.
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Fired KTVU Producer in Asiana Gaffe: ‘My Hard-Earned Reputation is Intack’ (Exclusive) — Brad Belstock, Roland De Wolk and Cristina Gastelu were let go from the station — Three producers at the KTVU Fox affiliate in Oakland have lost their jobs over a racially offensive report …
Discussion:
FishbowlNY


Amazon fails to make a profit in Q2, but at least sales are good — Amazon just released some disappointing numbers for its 2013 second-quarter earnings. But there is one bright side — sales are looking good. — The company reported revenue of $15.7 billion with a loss of 2 cents per share.
Discussion:
TechCrunch, AllThingsD, Business Wire, CNET, Forbes, The Wrap, Digits and Globe and Mail
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Sirius XM Reports Record Revenue, Aided by Auto Recovery
Discussion:
Wall Street Journal, Reuters and Reuters


Google ends Chromecast-Netflix promotion ‘due to overwhelming demand’ — Citing overwhelming demand, Google on Thursday said it has ended a Netflix promotion tied to its new Chromecast TV dongle. — The promotion gave users, new and existing, three free months of Netflix's video streaming service …
Discussion:
Forbes, The Verge, GigaOM, @tcarmody, @hunterwalk, @mat, AllThingsD, Business Insider and Engadget
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Journalists at Bradley Manning trial report hostile conditions for press — Journalists and bloggers covering closing arguments in Wikileaks source Bradley Manning's trial at Ft. Meade today, including @carwinb, @kgosztola, @nathanLfuller, and @wikileakstruck, are reporting a far …
Discussion:
TechCrunch, @mgsledge, @ikepigott and @jeffjarvis
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Glenn Britt to Retire as Time Warner Cable Chief — When Glenn Britt got started in the nascent cable television business in the 1970s, no one knew whether people would pay a monthly fee for something that was already available for free through an antenna. “I thought that it was either …
Discussion:
Variety, GigaOM, Business Insider and @brianstelter


Global Ad Spend: Display Ads See Double-Digit Growth in Q1 — According to Nielsen's quarterly Global AdView Pulse report, the first quarter of 2013 held few surprises for media sectors—continuing trends established in recent years. Television remained the dominant media type in terms …
Discussion:
VentureBeat, Marketing Land, Hollywood Reporter, Advanced Television, Digital TV Europe and MediaTel

Confessions of a Slideshow Writer — Michael Estrin is the author of “Murder and Other Distractions,” a novel set in a content farm where clicks matter way too much. — You've probably clicked on my work. I'm a journalist and a writer. I cover consumer finance, digital marketing …

German publisher Axel Springer sells regional papers, magazines in $1.2 billion deal — BERLIN — Axel Springer AG, one of Germany's most prominent publishers, is selling two regional newspapers as well as its television and women's magazines in a 920 million-euro ($1.2 billion) deal that will allow it to focus on its main titles.
Discussion:
Wall Street Journal, Reuters and Bloomberg


Amazon launches interview series on Kindle Singles; first up: President of Israel — Amazon on Thursday launched “The Kindle Singles Interview,” a series of “major long-form interviews with iconic figures and world leaders.” — First up is an interview with Israeli president Shimon Peres …
Discussion:
Amazon.com, CNET, PublishersWeekly.com, Engadget and GalleyCat


Advance Publications memo: ‘Our new companies are performing well’ — Randy Siegel, Advance Publications' president of local digital strategy, tells colleagues that “although we have reduced the frequency of home delivery [in New Orleans and other Advance newspaper markets] …


Was Newspaper Decline Inevitable? Veterans Conclude That Yes, It Was — Counter to conventional wisdom, they say advertising went away and there's nothing newspapers could have done about it — A broad study by a group of respected journalists into the disruption that the digital age …
Discussion:
Poynter, JIMROMENESKO.COM, Fortune, GigaOM, Kirk LaPointe's … and Fortune


Should Reddit Be Blamed for the Spreading of a Smear? — On an overcast day in early May, I traveled to suburban Philadelphia to visit the family of Sunil Tripathi, the deceased 22-year-old Brown University student who, for about four hours on the morning of April 19, was mistakenly identified …
Discussion:
Yahoo! News, Politico and The Verge

McClatchy reports lower profits, revenues in second quarter — The McClatchy Co., which owns The Telegraph, reported Thursday a decline in lower profits for the second quarter during a continued downturn in advertising revenue. — Excluding some one-time adjustments …