Dan Gillmorwrites, “Journalism’s old guard is in a panic. With the latest bad news … it’s no wonder that people who care about the traditional journalism business are frightened.”
Reuters reports, “An Internet entrepreneur and a Wall Street group have joined a list of potential rivals to News Corp.’s $5 billion bid for Wall Street Journal publisher Dow Jones & Co. Inc., an adviser to the Dow Jones employee union said on Thursday.”
Eric Rauchway tells us what he learned at the blogging panel, a.k.a “Historical Scholarship and the New Media.” Ben Adlergives his own take on the experience.
The National Press Club is hosting a travel writing trade panel June 28 7 – 8:30 p.m. in the Lisagor Room. The event is open to the public. Reserve online or by calling is 202-662-7501.
FT.com reports, “Nielsen, the US-based audience measurement firm, is to begin tracking mobile phone users’ media consumption as part of an effort to provide wireless carriers, advertisers and entertainment companies with more accurate data about mobile phone usage.”
MarketWatch reports, “It’s almost a footnote in some of the news stories and press releases on News Corp.’s negotiations to take over Dow Jones & Co., but the inclusion of Rupert Murdoch’s son, James, at the bargaining table could be sending a significant signal on where News Corp. is heading.”
E&P reports, “With the exception of exports leveling off and producer inventories rising, April newsprint statistics released this week by the Pulp and Paper Products Council (PPPC) were all negative.”
Bloomberg reports, “Trading in options to buy Netflix Inc. shares surged to the most since January 2004 on speculation the largest provider of movie rentals via the mail may be acquired.”
Christian Post reports, “Americans who watch more hours of television tend to be less committed to classical virtues such as honesty and fairness and less likely to value religious principles, according to a conservative media watchdog.”
MediaBiz reports, “Sirius announced after the market closed Tuesday that it had received a $250 million loan from Morgan Stanley (MS).”
A reader writes:
wemple: The problem with Kornheiser is that he’s in great demand. Late this month, he’ll leave the Post airwaves and won’t return in full force until next January, following his season in ESPN’s Monday Night Football booth. Gulland won’t say what the station will do to fill the programming void that he’ll leave. farhi: Kornheiser has become so valuable to the station, executives said, that his show will continue, with his name, even after he leaves it at the end of this month — as he prepares for his second season as an analyst on ESPN’s ‘Monday Night Football.’ WTWP morning man David Burd will host ‘The Tony Kornheiser Show,’ along with Kornheiser’s current sidekicks. Kornheiser will call in to the show from time to time, Farley said, but will not have a regular slot on the program; Kornheiser is committed to ESPN until the end of the football season.
A reader writes, “Shouldn’t the Washington Times intern know how to proof before posting and not just rely on spell check?? ‘getting soar muscles from carrying heavy bags’.”
According to the Hollywood Reporter, “Time Warner Inc. chairman and CEO Richard Parsons on Thursday signaled more clearly than ever that he might drop at least his CEO title in the next year or two and again backed president and COO Jeffrey Bewkes as his heir apparent.”
Since becoming the Discovery Channel’s chief three years ago, Jane Root “has helped pull the nature channel out of a ratings slump with shows featuring, in no particular order, people battling nature, people living in prison, people saving the planet, and so on,” reports BusinessWeek.
A Harris Interactive poll on newspapers and their online sites, that was released at the World Association of Newspapers conference in Cape Town, shows that “five years out, readers expect online to overtake TV networks as their main source of news in four of the seven countries.”
Jeffrey F. Rayport writes, “To judge from ad-industry publications, advertising is in crisis. The stories of upheaval in how agencies serve clients, create value and get paid might readily suggest that advertising as a profession and business is dead, or dying. Nothing could be further from the truth.”
Marty Kaplanwrites, “Within 24 hours, no primate on the planet will be unaware of Paris Hilton’s transfer from the pokie to the ankle bracelet, but it is a safe bet that within weeks or even months, relatively few Americans will know the big news going down now in Iraq. That’s because journalism is distributed in two flavors: push and pull.”
AP reports, “Twelve major universities will digitize select collections in each of their libraries — up to 10 million volumes — as part of Google Inc.’s book-scanning project.”
According to the Hollywood Reporter, “The head of the National Association of Broadcasters is urging Sirius Satellite Radio CEO Mel Karmazin to end his attempt to merge the nation’s two satellite radio companies and accusing the executive of misleading the public about the deal’s benefits.”