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12:10 PM ET, June 4, 2012


 Top News: 
Gabriel Sherman / New York Magazine:
The Mayor of All Media  —  As Michael Bloomberg prepares for his post-mayoralty, his media company is also evolving.  For decades, Bloomberg LP saw profits soar by selling just-the-facts journalism and financial information to Wall Street traders.  That vision, while still wildly profitable …
Dylan Byers / Politico:
Will Bloomberg buy the New York Times?  —  New York Magazine's Gabriel Sherman has taken a long, well-reported look at what's next for Michael Bloomberg following his tenure as mayor of New York.  —  Central to whatever lies ahead is the expansion of his media empire, Bloomberg News …
Discussion: Capital New York and City Room
Jonathan Berr / InvestorPlace:   Bloomberg Can't Save New York Times Co.
Christine Haughney / New York Times:
The Undoing of the Daily  —  The news waits for no one.  But newspapers might start asking readers to — at least for print copies.  —  Almost two weeks ago, The Times-Picayune in New Orleans, which is owned by Advance Publications, announced it would cut back its print schedule to just three days a week.
David Carr / New York Times:
CNN Hires Bourdain, in a Bet on Lifting Stalled Ratings  —  Michael K. Williams played Omar Little, the righteous stickup man in “The Wire,” and now plays Chalky White, the bootlegger on “Boardwalk Empire,” so he is a big deal in the Brooklyn housing projects where he grew up.
Amy Chozick / New York Times:
Sales of Murdoch's New British Sunday Paper Slip  —  LONDON — Rupert Murdoch has endured a litany of blows in the unending phone-hacking scandal at his British tabloids.  But one setback isn't happening in Parliament, but on Britain's newsstands.  The Sun, a brash daily tabloid …
Discussion: The Huffington Post
Mike Masnick / Techdirt:
AOL Threatens Blogger With Copyright Infringement Charge... For Doing The Exact Same Thing AOL Has Done On A Large Scale  —  There have been plenty of accusations made against AOL's the Huffington Post concerning its habit of “over aggregating” content from other sites.
Noah Rothman / Mediaite:
Radio Host Neal Boortz To Retire, Will Be Replaced By Herman Cain  —  Long-time conservative radio talker Neal Boortz will announce his retirement today, according to a report.  The announcement that contains Boortz's retirement also says that former GOP presidential candidate Herman Cain will replace him early next year.
Anna Heim / The Next Web:
BiblioCrunch relaunches as an e-book services marketplace that helps publishers find talent  —  BiblioCrunch's e-book services marketplace is now open to the public, the New York-based startup announced today, right on time for Book Expo America.  According to its CEO Miral Sattar …
Discussion: Publishers Weekly
Xeni Jardin / Boing Boing:
NYT: “MEN invented the internet”  —  What a steaming turd of an opening line in David Streitfeld's otherwise serviceable New York Times piece about the Ellen Pao/Kleiner Perkins sexual harassment lawsuit, and gender discrimination in Silicon Valley.  —  Here's the opening graf (bold-ing, mine):
Steve Buttry / The Buttry Diary:
My Gettysburg oration: A vision for journalism that can long endure  —  This is the prepared text for my June 2 keynote speech to the Pennsylvania Press Conference.  I ad-libbed a bit, so this isn't exactly what I said.  —  I'm used to leading 90-minute workshops at conferences like this.
Discussion: Poynter and @jayrosen_nyu
Ingrid Lunden / TechCrunch:
Yahoo May Settle With Facebook On Patents, But CEO Levinsohn Has Another Legal Wrangle On His Hands  —  Ross Levinsohn, the interim CEO of Yahoo, and members of his board have “stepped up” talks with Facebook to settle their patent dispute, according to AllThingsD, but that is not the end of legal wrangles for Levinsohn, it seems.
Discussion: AllThingsD and The Tech Trade
Eric Eldon / TechCrunch:
As Facebook Puns Dominate News Headlines Worldwide, One Man Is Fighting Back  —  “Where are Facebook's friends?  Stock slide deepens ,” the Associated Press wondered recently.  “Facebook's flotation: more pokes than likes ,” The Guardian quipped.  “Status change for Facebook's IPO?,” MSNBC questioned.
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 More News: 
Four convicted over terror plot against Danish newspaper
Simon Romero / New York Times:
Scourge of Paraguay's Drug Trade, the Journalist Cándido Figueredo, Is Ready for Retaliation
Rem Rieder / American Journalism Review:
Plagiarism Is Plagiarism  —  I have a great deal of respect for Marvin Kalb.
Lauren Pond / Washington Post:
Why I watched a snake-handling pastor die for his faith
 Earlier Picks: 
Richard Nieva / Fortune:
Tim Stevens is the nicest guy in tech
Rosa Ramirez / MediaShift:
Tobacco Underground: A Lesson in Collaborating Across Borders
Ken Doctor / Nieman Journalism Lab:
The newsonomics of majority reader revenue
Emma Bazilian / Adweek:
Condé Nast Finds Magazine Readership Growing Among Millennials