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5:40 PM ET, May 24, 2013


 Top News: 
Peter Kafka / AllThingsD:
Yet Another Hulu Bidder!  Yahoo Is In, Too.  —  Add one more name to the Hulu bidding derby: Yahoo, which just announced plans to buy Tumblr for $1.1 billion, has made an offer on the video website as well.  —  The Web giant submitted a bid for the video site this morning, according to a person familiar with process.
KKR, Silver Lake Said to Join Bidding for Hulu Online Video Site  —  Hulu Said to Get Bid From KKR, Silver Lake  —  KKR & Co. (KKR) and Silver Lake Management LLC have made separate bids for Hulu LLC, according to people with knowledge of the situation.  —  Silver Lake is working …
Discussion: The Wrap, Variety, Mashable and The Next Web
Ronald Grover / Reuters:   Hulu video site auction attracts four bidders: sources
Alex Pareene / Salon:
Eric Holder versus journalism  —  After AG signed off on warrant granting DOJ access to reporter's email, the question now is: Will Obama let him go?  —  Attorney General Eric Holder personally signed off on the warrant naming Fox News journalist James Rosen a “possible co-conspirator” …
Josh Stearns / Free Press:
Come Clean: Groups Demand Transparency from Attorney General Eric Holder  —  A day after President Obama ordered Attorney General Eric Holder to review the Justice Department's guidelines regarding interactions with the press, Free Press and a diverse coalition of civil liberties …
Andrew Beaujon / Poynter:
Emilio Garcia-Ruiz is The Washington Post's new managing editor in charge of “digital initiatives and operations, video, the presentation departments of photo, graphics, and design, and the multiplatform editing desk.”  Executive Editor Marty Baron made the announcmement to staffers today.
Gavriel Hollander / Press Gazette:
Sun and ITV defend ‘public interest’ in broadcasting Woolwich terror video which Sky News judged too ‘distressing’  —  News organisations have defended their decisions to broadcast controversial video footage shot in the immediate aftermath of the Woolwich terror attack.
David Banks / Guardian:   Woolwich attack footage will stir debate over contempt laws
Crayton Harrison / Bloomberg:
News Corp. Publishing Unit Gets $500 Million Buyback Fund  —  News Corp. (NWSA) said its publishing division, which will become a separate company in June, will start out with a $500 million fund to repurchase stock.  —  The board authorized News Corp.'s split into two companies …
News Corp to split in two on 28 June
Discussion: The Next Web
The Lens:
A year after Times-Picayune announced cutbacks, news habits changing in New Orleans  —  A year ago today, news leaked that The Times-Picayune would cease daily publication, cut staff and focus on its website,  The paper and ink edition now hits doorsteps and newsstands just three days a week: Wednesday, Friday and Sunday.
Discussion: Poynter
ITV News Twitter account hacked by Syrian Electronic Army  —  (Reuters) - British broadcaster ITV on Friday became the latest media outlet to have one of its Twitter feeds hacked by anonymous supporters of Syria's President Bashar al-Assad, just days after Twitter beefed up security to prevent such attacks.
Discussion: AllThingsD
Tara Conlan / Guardian:
BBC axes £98m technology project to avoid ‘throwing good money after bad’  —  Independent investigation launched after Digital Media Initiative, which aimed to digitise archive, results in catalogue of errors  —  The BBC has admitted that it has wasted almost £100m on a technology project …
Discussion: BBC, @jeffjarvis, PressGazette and Guardian
Matt Schudel / Washington Post:
Haynes Johnson, longtime Washington Post journalist, dies at 81  —  Haynes Johnson, a longtime Washington Post journalist, who won a Pulitzer Prize for civil rights coverage in the 1960s and later chronicled the politics and gamesmanship of the capital, died May 24 at Suburban Hospital in Bethesda.
James Legge / The Independent:
Twitter libel: Sally Bercow's tweet about Lord McAlpine ruled libellous  —  Sally Bercow says she is “surprised and disappointed” by the High Court ruling that her tweet about Tory peer Lord McAlpine was libellous.  The tweet - which read: “Why is Lord McAlpine trending?
Discussion: Bloomberg, Agence France Presse and BBC
Ira Teinowitz / The Wrap:
D.C. Broadcasters Sue Aerokiller for Copyright Infringement  —  Broadcasters are expanding their attack on Aereo-like services that let consumers view broadcast channels on the web without stations getting a retransmission fee payment  —  Broadcasters are expanding their legal attack on Aereo …
Discussion: paidContent
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 More News: 
Dominic Ponsford / Press Gazette:
Telegraph cements place as only profitable mainstream ‘quality’ national with £58.4m surplus for 2012
Greg Sandoval / The Verge:
With downloads dwindling, music publishers throw a roadblock into Apple's iRadio plans
Arif Durrani / Media Week:
Guardian thinks global with new domain name
Discussion: Guardian, and Adweek
Josh Halliday / Guardian:
BBC increases pay offer to lowest earners in bid to head off strikes
Old Media Is Not Dead: Why Hedge Funds Have Fallen In Love With CBS
 Earlier Picks: 
Josh Sternberg / Digiday:
How Publishers Organize for Social Era
Discussion: eMedia Vitals
Keach Hagey / Wall Street Journal:
Discovery to Launch ‘TestTube’ Online Video Network
Discussion: NetNewsCheck Latest