Mediagazer: Forbes Sale Said to Founder With Axel Springer Not Bidding (Bloomberg)

10:40 AM ET, April 24, 2014

Top News:

FCC to propose letting broadband providers give some traffic preferential treatment — FCC to Propose New ‘Net Neutrality’ Rules — Proposal Would Allow Broadband Providers to Charge Content Companies for Consumer Access — WASHINGTON—The Federal Communications Commission plans …

Tim Wu / The New Yorker Blog:

Barack Obama's Flip-Flop and the End of Net Neutrality — In 2007, at a public forum at Coe College, in Iowa, Presidential candidate Barack Obama was asked about net neutrality. Specifically, “Would you make it a priority in your first year of office to reinstate net neutrality as the law of the land?

Discussion: Softpedia News, Business Insider, The Verge and ThinkProgress

Sean Hollister / The Verge:

FCC chairman says reports of net neutrality's death are ‘flat out wrong’ — Tomorrow, the Federal Communications Commission will propose new net neutrality rules that will reportedly destroy the concept of net neutrality as we know it, making it okay for internet service providers to establish a so-called …

Discussion: Gigaom, The Week, @kwerb, @rsingel, @ammori, @om, TechCrunch and Joho the Blog

Sam Gustin / TIME:
Net Neutrality Advocates Angered by FCC's Planned New Rules

Discussion: Poynter, The Huffington Post, Forbes, New York Times, Talking Biz News, Washington Post, UPROXX, @digiphile, @pmarca, @billmcgev, @samgustin and @digiphile

Ravi Somaiya / New York Times:

Felix Salmon to Take on Web-Based Role at Fusion — Felix Salmon, a prominent writer on finance and other topics who announced this week that he was leaving Reuters, will join the cable network Fusion on Monday in a web-based role that runs across multiple media.

Discussion: @dylanbyers, Capital New York, The Wrap, @deilemberg, @isaacleep, @dkthomp, @moorehn, @jledbetter and @felixsalmon

Felix Salmon / Medium:

Salmon: Fusion offers chance to experiment with digital storytelling wherever audience may be — Why I'm joining Fusion — I'm leaving Reuters and joining Fusion. Which I'm sure was not at the top of anybody's list of the most likely places for me to go.

Discussion: TheMediaBriefing, @sathnam, @dlboardman, @mathewi, @jeffjarvis, @felixsalmon, @nytfridge, @froomkin, @jayrosen_nyu, @mckaycoppins, @bridgetwi, Gigaom, @heerjeet, @gaberivera, @espiers and @lpolgreen

Bloomberg:

Forbes Sale Said to Founder With Axel Springer Not Bidding — Forbes Media LLC's effort to find a buyer is running into trouble, with one potential bidder officially out of the running and two others no longer in active talks, people with knowledge of the matter said.

Discussion: Capital New York and @sherman4949

The New York Times Company:

NYT reports 2.6% increase in revenue, digital advertising revenue up 2.2% to $37.8M — The New York Times Company Reports 2014 First-Quarter Results — NEW YORK—(BUSINESS WIRE)— The New York Times Company (NYSE:NYT) announced today first-quarter 2014 diluted earnings per share …

Discussion: New York Times, Poynter, Capital New York, Columbia Journalism Review, FishbowlNY, @pkafka and @edmundlee

Todd Spangler / Variety:

Time Warner Cable Spent $62 Million in Q1 Prepping for Comcast Merger — Time Warner Cable incurred $62 million in costs for the first three months of 2014 to lay the groundwork for Comcast's $45 billion acquisition bid, which is pending regulatory approval.

Discussion: Lost Remote and Home Media Magazine

Soham Chatterjee / Reuters:
Time Warner Cable profit rises 19.5 pct

Discussion: Reuters, Hollywood Reporter and Wall Street Journal

Andy Mitchell / Facebook:

Facebook partners with Storyful to launch “FB Newswire,” a news feed for journalists on Facebook and Twitter — Announcing FB Newswire, Powered by Storyful — Every day, news is made on Facebook. More than one billion people use our platform to discover, explore and participate in news-making events around the world.

Discussion: Nieman Journalism Lab, TechCrunch, Poynter, The Verge and News Corp

Daniel Denvir / Philadelphia City Paper:

What does the fight over Philly.com mean for the future of Philly journalism? — “Two writers say stuffed Bigfoot is legit” and “I've never had sex with my husband” are the sort of headlines on Philly.com that fill Philadelphia Inquirer reporters with dread and despair.

Peter Sterne / Capital New York:

Columbia student paper plans to drop daily print edition — The Columbia Daily Spectator, the student newspaper distributed daily at Columbia University and in surrounding Morningside Heights, plans to switch to a weekly edition starting in the fall, editor-in-chief Abby Abrams told staff earlier this evening.

Discussion: College Media Matters, @jimmyvielkind and @miriamkrule

John Herrman / The Awl:

In Defense of Explaining Things — For websites meant to help us understand things, the new Explainer Sites—Vox, FiveThirtyEight, et al—are awfully disorienting. We stare them in the face and we cannot quite describe what we are looking at. Are they publications? Some sort of health food?

Discussion: @irin, @mariabustillos, @jennydeluxe, @marginalutility, @jwherrman, Gigaom and Guardian

Alexandra Steigrad / WWD:

Bloomberg hires former Vanity Fair digital editor, Chris Rovzar, to build luxury content — Bloomberg to Build Luxury Online — Bloomberg News is making a heavy push with its luxury coverage, and it's starting with digital. — According to an internal memo obtained by WWD, Chris Rovzar …

Discussion: @womensweardaily, @rovzar, @lavorgna and MediaWire Daily

Rem Rieder / USA Today:

WaPo's Executive Editor Marty Baron and Publisher Katharine Weymouth talk about digital focus after Bezos purchase — Rieder: The resurgent ‘Washington Post’ — What a difference a billionaire makes. — It wasn't that long ago that The Washington Post was reeling, shedding staff and trimming ambitions as ad revenue plummeted.

Discussion: @michaelbolden, @pkcapitol, @postbaron, @postroz, @derekwillis, @carolleonnig, @blakehounshell and @azi

Simon Rogers / Mother Jones:

Hey Wonk Reporters, Liberate Your Data! — When it comes to data journalism, everyone's a critic. — The launch of three major data journalism operations in only a few weeks—the revamped 538, Vox, and the New York Times' The Upshot—have produced a slew of opinion pieces.

Discussion: Nieman Journalism Lab and Kirk LaPointe's …

Tom Grubisich / Street Fight:

Brady on Thunderdome: The Glue at the Core Was Never Able to Dry — In his 19 years in digital news, Jim Brady has held three major posts that have made him a closely watched pioneer in the rapidly evolving new medium. He was executive editor of washingtonpost.com in its early, identity-seeking years.

Dominic Ponsford / Press Gazette:

No Telegraph or Mail representatives on board of funding body for new IPSO press regulator — The directors have been named for a body which will hold the purse strings and help decide appointments to new press regulator the Independent Press Standards Organisation.

Neil Midgley / Forbes:

London Live's Disastrous TV Ratings: 2,400 Watch Breakfast Show In City Of 9million — Last month, I wrote for Forbes.com about the imminent arrival in London of a media first - a local TV channel devoted solely to the UK's capital city. I'd already been behind the scenes at the channel …