Top News:
Meg James / Los Angeles Times:
Tribune prepares for cost-cutting, says no targets for expense reduction have been issued — Tribune newspapers, including L.A. Times, prepare for cost-cutting — Tribune newspapers, including the Los Angeles Times, may be due for another round of cost-cuting. Above, at the Tribune Tower in Chicago.
Discussion:
Robert Feder, Radio & Television …, Strange Attractor and @megjameslat
RELATED:
Robert Feder:
Tribune boss orders $100 million in cuts — It's not clear how they're supposed to do it, but Tribune Co. executives have been ordered to come up with $100 million in budget cuts, sources said, as the company prepares to spin off the publishing side of the business.
Discussion:
Los Angeles Times, bizjournals and @logandobson
Lisa O'Carroll / Guardian:
Seymour Hersh on Obama, NSA and the ‘pathetic’ American media — Pulitzer Prize winner explains how to fix journalism, saying press should 'fire 90% of editors and promote ones you can't control' — Seymour Hersh has got some extreme ideas on how to fix journalism - close down the news bureaus …
Discussion:
Gawker, FishbowlNY, Politico, The Huffington Post, @tweetsintheme, @barryeisler, New York Magazine, @froomkin, @miamijournalism, @jackshafer and @ryanchittum
Jeff Jarvis / BuzzMachine:
Attention v. relationship economy — Oddly, Google chief economist Hal Varian analyzes newspapers' problems and prescribes solutions strictly from an old-media perspective — based on attention to marketing messages — rather than an internet (namely, Google) perspective of relevance and relationships.
Discussion:
Inside, JIMROMENESKO.COM, @jayrosen_nyu, @digiphile and @mathewi
RELATED:
Mathew Ingram / paidContent:
Google's chief economist understands media better than some industry executives do — Hal Varian, Google's chief economist, talked about the challenges facing the newspaper business in a recent presentation in Italy, and showed that he understands those challenges better than most media executives.
Discussion:
International Journalism …
GNM press office:
Alex Koppelman joins the Guardian as US News Editor — The Guardian announced today that it has hired Alex Koppelman as US news editor. The announcement was made by the Guardian's US editor in chief Janine Gibson. — Koppelman will be a senior member of the editing team and will help set …
Discussion:
@nxthompson
Jim Romenesko:
GateHouse Media: Our bankruptcy filing ‘is not a reflection of any operational problem’ — GateHouse Media has filed for voluntary Chapter 11 bankruptcy. CEO Michael Reed says in a memo that “with the challenges facing our industry and the impending maturity of our secured debt next year …
Discussion:
Poynter
Hadas Gold / Politico:
Conflicts of Interest: CNN adjusts ethics policy around Crossfire — Yesterday we reported that Crossfire host Newt Gingrich may have broken ethical rules for conflicts of interest set forth by CNN's EVP of standards and practices Rick Davis. — Today, those rules appear to have changed.
Discussion:
The Huffington Post, Mother Jones, @politicokevin, Mediaite and Vanity Fair
Sara Morrison / The Wrap:
BuzzFeed Dominates on Facebook, BBC Tops Twitter, Study Says — BuzzFeed, “the media company for the social age,” has mastered at least one social network. — A NewsWhip study released on Thursday showed that the social sharing-focused site had far and away the most engagement on Facebook …
Discussion:
Journalism.co.uk, Poynter, The Whip and @tomgara
Angela Washeck / 10,000 Words:
Plagiarism and Attribution Tests for Journalists: A Must or Not? — If there's anything journalists know, it's how not to plagiarize in our writing. Right? Right?! Wrong, apparently. — Wednesday Jim Romenesko broke the news on his blog that Digital First Media (DFM) …
Discussion:
JIMROMENESKO.COM
Patrick Wintour / Guardian:
Press regulation debate nears final reckoning — Privy council will decide on 9 October whether to approve industry's royal charter or to enshrine PM-backed all-party version — The marathon battle to introduce a new system of press regulation will come to a head on 9 October …
Wall Street Journal:
Bloomberg News to Shuffle Management — Hays to Get Expanded Role; Hertzberg to Retire — Bloomberg L.P.'s news division announced significant management changes that will result in a smaller number of editors reporting directly to Editor in Chief Matt Winkler.
Discussion:
FishbowlNY, Reuters, Reuters, San Francisco Chronicle, Talking Biz News and Digits
Georg Szalai / Hollywood Reporter:
James Murdoch Named Chairman of Sky Deutschland Supervisory Board — The deputy COO of 21st Century Fox, which owns a majority stake in the German pay TV firm, replaces Chase Carey. — German pay TV operator Sky Deutschland said late Thursday that James Murdoch, deputy COO …
Discussion:
Reuters, Bloomberg, NASDAQ.com, Deadline.com and Rapid TV News
Chris Rauber / San Francisco Business Times:
Former Bay Guardian editor Tim Redmond launching left-wing nonprofit news site — Tim Redmond, the longtime editor and “voice” of the San Francisco Bay Guardian, says he's launching a nonprofit news site with a distinctly left-wing perspective. — Redmond's plans for the new San Francisco …
Discussion:
sfbg.com
Aaron Couch / Hollywood Reporter:
Shareholders Sue Dish, Charlie Ergen Over $2.2 Billion Spectrum Bid — The lawsuit alleges the the chairman personally bid $2 billion on bankrupt broadband provider LightSquared knowing he'd profit handsomely if Dish outbid him — which it did. — A Dish Network shareholder is suing …
Discussion:
Deadline.com, Reuters, Variety and Wall Street Journal
William Launder / Wall Street Journal:
New York Times Forecasts Further Drop in Ad Revenue — Overall Revenue to Rise, Though, Thanks to Stronger Circulation — New York Times Co. expects to report around a 3% decline in print and digital advertising revenue for the third quarter, Chief Executive Mark Thompson said Thursday …
Discussion:
MoneyBeat