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12:55 PM ET, September 27, 2013


 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.
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.
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.
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.
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 …
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 …
GateHouse Files for Bankruptcy as Part of Fortress Plan  —  GateHouse Media Inc. (GHSE), the community newspaper publisher overseen by the co-chairman of Fortress Investment Group LLC (FIG), filed for bankruptcy after creditors approved a plan to combine its assets with those recently purchased by Newcastle Investment Corp. (NCT)
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
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.
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
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 …
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) …
The Newspaper Guild of New York:
Next, Reuters targets five jobs in demise of website project  —  Thomson Reuters management representatives said on Thursday they want to eliminate five Guild positions from the recently condemned Reuters Next project by Nov. 29, almost half of the current New York-based online team.
Discussion: Capital New York
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 …
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 …
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.
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 …
Lance Murray / Dallas Business Journal:
Gannett to sell $1B in bonds to fund $2.2B Belo acquisition  —  Gannett Co. will sell $1 billion in bonds to help pay for its planned acquisition of Belo Corp., the Dallas-based owner of television stations.  —  The Washington Business Journal reported that McLean, Va.-based Gannett (NYSE …
Discussion: bizjournals
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 More News: 
Genevieve Belmaker / Poynter:
The Guardian's Rusbridger talks about his new book, which is ‘partly about having a crazy life’
Discussion: Capital New York and @arusbridger
Samir Husni / Mr. Magazine:
Esquire At Its Best: David Granger, the Editor Behind the Magazine Talks About Print …
Discussion: @janefriedman and @agilitycms
Peter Kafka / AllThingsD:
Intel Looking for Help from Amazon or Samsung to Keep Its Web TV Project Alive
Desiree Everts DeNunzio / CNET:
Netflix opens the gates for ‘Super HD’ video for all
Jailed UK TV presenter faces new rape allegations
Discussion: BBC and Guardian
 Earlier Picks: 
Rick Edmonds / Poynter:
Nonprofit journalism sites are proving to be healthy but slow to scale
Discussion: Knight Foundation, @rsm and USA Today
Joe Pompeo / Capital New York:
The making of the ‘New York Times’ documentary about Christine Quinn
Discussion: @sarah_boxer and The Awl
Robinson Meyer / The Atlantic:
Your Story Is Ready: Medium Experiments With the Homepage of the Future
Discussion: Medium, @yayitsrob and @megangarber