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4:20 AM ET, June 27, 2012

Mediagazer

 Top News: 
Michael O'Connell / Hollywood Reporter:
CNN Hits 21-Year Ratings Low in Second Quarter  —  Battered by a series of rough weeks and big losses for Anderson Cooper and Piers Morgan, the cable news network sinks with total viewers and in the coveted adults 25-to-54 demo.  —  After several months of bad ratings news for CNN …
RELATED:
Bill Carter / Media Decoder:
Without News, CNN Is Without Viewers  —  The news for CNN has been bad for a long time, but it got especially bad in the second quarter of this year.  Ratings for the network's prime-time shows plunged by 40 percent from a year ago, and the network's performance was its worst ever for a second quarter.
Dylan Byers / Politico:
What's wrong at CNN  —  In April, as Republicans were throwing their weight behind Mitt Romney and the lengthy, combative presidential primary process was drawing to a close, CNN's Senior Vice President and Washington bureau chief Sam Feist presented his staff with a “CNN Half-time Election Report.”
Discussion: Inside Cable News
Wall Street Journal:
News Corp. Decision on Splitting Up Expected by Thursday  —  News Corp.'s board is set to decide Wednesday whether to proceed with a split of the media conglomerate into two companies, carving the bigger and more profitable entertainment businesses from the newspapers.
RELATED:
Felix Salmon:
News Corp loses its news  —  “In a way,” says Jeffrey Goldfarb today, “the scandal may have been the best thing to happen to News Corp,” on the grounds that Hackgate is likely to end up forcing Rupert Murdoch to spin off his newspapers, along with HarperCollins, into a new, separate company.
Amy Chozick / Media Decoder:
Anxious News Corp. Editors Arrive in New York to Discuss Corporate Split
Peter Kafka / AllThingsD:
Two Questions for Rupert Murdoch
Bloomberg:
News Corp. Is Said To Work With Goldman Sachs On Breakup Plans
Discussion: The New York Observer
Jeff John Roberts / paidContent:
Does Flipboard need to rethink its revenue-share formula with publishers?  —  It's like getting dumped on the day of your big promotion.  That's how Flipboard must have felt after two prominent magazines said they were leaving just hours after the popular news aggregator announced a groundbreaking partnership with the New York Times.
RELATED:
Farhad Manjoo / Slate:
Want to know the secret to BuzzFeed's monster online success?  Click here!  —  Want to know the secret to BuzzFeed's monster online success?  Click here!  —  Last Wednesday, BuzzFeed's Jack Shepherd published an irresistible piece called, “21 Pictures That Will Restore Your Faith in Humanity.”
Discussion: @peretti
RELATED:
Philip Bump:   Let's talk about this “how BuzzFeed works” post by Farhad Manjoo.
Craig Silverman / Poynter:
Hearst editor acknowledges New Canaan News still searching for fabricated stories  —  Ashley Varese does not want to talk about Paresh Jha.  —  Varese is the editor of the New Canaan News, a small weekly paper owned by Hearst that last week admitted fired staff reporter Jha …
Discussion: @jackshafer
RELATED:
Craig Silverman / Poynter:
Hearst serial fabricator Paresh Jha may have made up more stories than Stephen Glass
Discussion: TERI BUHL and FishbowlNY
Brian Stelter / Media Decoder:
Savannah Guthrie Is Said to Be Offered Role as Co-Host of ‘Today’  —  NBC News officials are in negotiations to have Savannah Guthrie, a relatively new face at the “Today” show, replace Ann Curry as the show's co-host.  —  The co-host position has been offered to Ms. Guthrie …
Jeff Sonderman / Poynter:
Gannett says paywalls are generating strong revenue, despite circulation declines  —  Gannett says its digital subscription plan, paired with metered paywalls, is now active in 38 of the company's 80 community newspaper markets.  Gannett executives provided updates in a presentation last week …
Discussion: CJR and Gannett Blog
Andrew Beaujon / Poynter:
Wall Street Journal intern fired for fabricating sources  —  Liane Membis' internship with The Wall Street Journal is at an end, an editor's note on an article she wrote says: … Membis' article is still available on Talking Biz News.  Some of the people Membis claimed to interview in the piece …
Robert Channick / Chicago Tribune:
Redesigned Chicago Tribune website to wall off some content  —  Users will need to become digital members to see stories from newspaper  —  The Chicago Tribune is launching a redesigned website that will give it the ability to sell digital subscriptions.  —  Beginning this week …
Discussion: paidContent and The Next Web
Peter Kafka / AllThingsD:
Yahoo Sings Along With Spotify — And May Profit, Too  —  Earlier this year, Spotify rolled out a plan to get its “play” button on a host of Web sites, which let the streaming music service broaden its reach beyond Facebook.  —  Now it's making the same move, but with one very, very big Web site …
Joe Pompeo / Capital New York:
‘Times’ will end partnerships with N.Y.U., CUNY on hyperlocal blogs  —  The New York Times' three-year-old experiment in hyperlocal community journalism is coming to an end—for now, at least.  The Times has decided to terminate its collaborations with the journalism schools of New York University …
Discussion: NYConvergence.com
 
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 More News: 
Josh Sternberg / Digiday:
Can Magazines Make the All-Digital Leap?
Daniel Frankel / paidContent:
For basic cable, movies fend off cord-cutting, report says
Discussion: Market Intelligence
Diana Marszalek / TVNewsCheck:
NBC Stations Keep Tabs On Employee Tweets
Discussion: Mediaite and NewscastStudio Blog
Jack Mirkinson / The Huffington Post:
Nora Ephron Dead: Remembering Her Journalism Career
Andrew Phelps / Nieman Journalism Lab:
Apple: Tune in to podcast “stations” on an iPhone “radio dial”
Discussion: TechCrunch and Wired
Charlie Warzel / Adweek:
Turner Sports and PGA Tour Digitally Part Ways
Discussion: paidContent
Foster Kamer / New York Observer:
New York Times' Crosswords Going Premium-Premium, Even for Subscribers
 Earlier Picks: 
Jim Romenesko:
Patch puts pressure on local editors
BBC:
News Corp ‘warned Lib Dems over BSkyB bid’
David Martosko / The Daily Caller:
Suspended reporter tweeted: Racism ‘secret sauce in the Politico sh*tburger’
Discussion: Mediaite
Matt Pearce / Los Angeles Times:
Anthony Shadid's cousin takes a shot at NYT — and journalism in general
Discussion: Erik Wemple and Poynter
Carl Nolte / San Francisco Chronicle:
George Hearst Jr. - Hearst Corp. chairman - dies