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3:20 PM ET, April 21, 2011


 Top News: 
Jeremy W. Peters / New York Times:
Times Company Profit Falls on Weak Ad Revenue  —  The New York Times Company reported a sharp drop in net income in the first quarter as the print advertising market remained stubbornly depressed for newspapers.  —  The company said net income fell 57.6 percent to $5.4 million, compared with $12.8 million in the quarter a year ago.
Joshua Benton / Nieman Journalism Lab:
A New York Times TimesSelect flashback: Early numbers are nice, but growth over time is nicer  —  The New York Times Co., as part of its earnings announcement today, gave the first concrete numbers for its new digital subscription offerings, noting that “paid digital subscribers have surpassed 100,000” …
Nat Ives / AdAge:
New York Times Pay Wall Gets More Than 100,000 Takers in Early Weeks  —  No Word on Impact to Web Traffic or Ad Revenue, but 100,000 New Credit Cards for The Times  —  More than 100,000 people have forked over credit-card numbers to get through the digital pay wall erected by the New York Times on March 28.
Lucia Moses / Adweek:
Tina Brown's ‘Newsweek’ a Hit on Newsstands Magazine still has to deal with sluggish ad sales  —  Newsweek's been under the microscope since Tina Brown took over.  So far, things haven't looked good: First-quarter ad pages were down 31 percent year-over-year, and the April 12 issue had just six ads.
Discussion: Poynter and @editorialiste
Caroline McCarthy:
Onward, to the Plex.  —  So I have some big news.  —  After five incredible years at CNET, I'm moving on.  May 6 is my last day; ten days later, I will join Google's New York office as a member of its fledgling Trends & Insights team.  I'll be doing a lot of writing, editing …
Discussion: Betabeat, @mathewi and @fromedome
Jonathan Stray:
Measuring and increasing accuracy in journalism  —  Professional journalism is supposed to be “factual,” “accurate,” or just plain true.  Is it?  Has news accuracy been getting better or worse in the last decade?  How does it vary between news organizations, and how do other information sources rate?
Discussion: Regret the Error
Steven Zeitchik / Los Angeles Times:
Product placement guru explains how it's done  —  ‘Pom Wonderful Presents: The Greatest Movie Ever Sold’ includes product placement expert Norm Marshall, who has navigated Hollywood for decades, quietly adding his clients' goods to movies whenever possible.  —  Norm Marshall is the marketing …
Discussion: indieWIRE News
Tara Conlan / Guardian:
BBC considers ‘slimmed-down’ news channel  —  Leaked ‘Delivering Quality First’ proposals also include selling more news content abroad and putting BBC Parliament online  —  The BBC is considering proposals including a “slimmed-down” BBC News channel concentrating on “developing news and headlines” …
Discussion: TVNewser
Damon Kiesow / Poynter: launches iPad aggregator with AP, New York Times, AOL as media partners  —  The news aggregator launched Thursday morning as a subscription iPad app, with support from more than 20 major media outlets.  —  Built by Betaworks, the app will aggregate and filter news …
Peggy Fletcher Stack / Faith Blog:
BYU seder has ‘all the ingredients of a good story’ for national Jewish publication  —  The Jewish Daily Forward, a national newspaper, sent a reporter to Provo this spring to cover a Passover seder — sans the wine — at Brigham Young University.  —  You can read Gabrielle Birkner's story here or The Tribune's own feature
Philip Elmer-DeWitt / Fortune:
Apple's 92% earnings windfall: The bloggers nail it, the pros miss by a mile  —  The shortfall in iPad sales was one of the few categories the Street called correctly  —  Click to enlarge.  —  The Wall Street analysts who get paid to cover Apple (AAPL) got some things right.
Simon Dumenco / AdAge:
‘We Were Definitely Tweeting Before Twitter’  —  A Q&A With Television Without Pity Director Daniel Manu  —  It's TV Week at Ad Age — you've already devoured our special TV Issue package, right? — and to extend the festivities, today we present a conversation with Daniel Manu …
Alex Alvarez / Mediaite:
Interview: Michael Wolff On The Irrelevance Of Media Reporters  —  Adweek has recently undergone an image overhaul, merging Adweek, Mediaweek and Brandweek into one, single brand and honing its focus in on the intersection of advertising, marketing and media.
Discussion: FishbowlNY
Roy Greenslade / paidContent:UK:
Brooks Aims To Change News International's Game With Big Review  —  News International's chief executive Rebekah Brooks has launched a three-year internal review of the company under the slogan “changing the game.”  —  Every division - including editorial, advertising and marketing …
Discussion: Marketing Week and Guardian
Mike Fleming /
HBO Sets Pulitzer Prize Winner ‘A Visit From The Goon Squad’ For Series Treatment  —  EXCLUSIVE: It has been some week for Brooklyn-based author Jennifer Egan.  Her novel A Visit From The Goon Squad won the Pulitzer Prize and she cited the HBO series The Sopranos as her inspiration.
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 More News: 
Sherry Ricchiardi / American Journalism Review:
The Al Jazeera Effect
Cory Doctorow / Guardian:
In the digital era free is easy, so how do you persuade people to pay?
Discussion: TeleRead and Boing Boing
Teemu Henriksson / Editors Weblog:
Big Issue aspires to turn its vendors into citizen journalists
Discussion: Poynter
Mike Butcher / TechCrunch Europe:
Tesco acquires majority of Blinkbox to take Internet-on-TV mainstream
Discussion: Electronista
Andrea Morabito / B&C:
NBC News Brings the Monarch into the Digital Age
Jessica Roy / 10,000 Words:
The 5 Best iPad Apps For Consuming The News That's Important To You
Discussion: Crikey
Media General:
Media General Reports First-Quarter 2011 Results, Provides Outlook
Discussion: Poynter, NetNewsCheck Latest and TVSpy
 Earlier Picks: 
Steven I. Weiss / Slate:
A Baltimore Sun photographer who took a buyout, started a blog, and changed the photography business forever.
Susannah Breslin / Pink Slipped:
How Your Journalism Sausage Gets Made, Part One
Nieman Journalism Lab:
Chasing pageviews with values: How the Christian Science Monitor has adjusted to a web-first, SEO'd world
Discussion: Folio
Mathew Ingram / GigaOM:
Amazon Launches Library Lending, But Who Owns the Books?
Discussion: paidContent, TechCrunch and Jacket Copy, Thanks:thibetian