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Its day 93 covering the Obama administration and week 12 for us. Happy Birthday to the NYT’s Helene Cooper (h/t Playbook). What we know and what we’re reading this Wednesday morning…
AP: The NYT Co. says its first-quarter losses worsened amid a dramatic downturn in ad revenue at its newspapers. The setback was even worse than analysts expected. Revenue for the period totaled $609 million, a 19% drop from last year. Advertising sales plunged nearly $124 million, or 27%.
NYP reports as NYT “tries to bask in the glory of having bagged five Pulitzers, the company is facing a cash crunch that could put it on the path toward insolvency. The Times is having a rough time raising cash, and has few other options.” E&P adds “NYT Co. CEO stresses Web site’s ‘good growth’ during earnings call.”
It was more than talent that led Slate’s John Dickerson to join CBS News this week. It was genetic destiny. TVNewser tells us about his relationship with his mother Nancy Dickerson, CBS’s first female correspondent in the days of Edward R. Murrow, Eric Sevareid and Don Hewitt. He chronicled their relationship and her career in his 2006 book On Her Trail: My Mother, Nancy Dickerson (a great read).
LAT: When MSNBC’s The Rachel Maddow Show debuted during the historic campaign of Barack Obama, the program’s ratings soared and made its host a breakout star on cable. But as the president’s administration nears its 100-day milestone, Maddow’s show has seen its numbers cool.
As for the rest of those changes at MSNBC, TVNewser fills us in that after initially tweeting the start date for his 3pmET MSNBC show was this week, David Shuster tweets the program (with co-anchor Tamron Hall) is still “coming together.” Shuster fills in again tonight on Countdown, as Keith Olbermann is recovering from “flu/allergy season.”
Mark Penn published a story in the WSJ yesterday claiming that almost 500,000 people make their living from blogging. “The best studies we can find say we are a nation of over 20 million bloggers, with 1.7 million profiting from the work, and 452,000 of those using blogging as their primary source of income.” Find out why some are calling shenanigans here.
It’s new, it cool and whoa does it waste time– Google has launched News Timeline.
Mediaweek reports PBS will significantly dial up its online video strategy with the launch of a new video-only channel which will aggregate thousands of full-length episodes from the network’s top series, along with complete seasons of current shows and full back-catalogues of classic series.
WebNewser interviews Doonesbury cartoonist Garry Trudeau, whose fictitious Fox News reporter character has recently become obsessed with Twitter, and gives his take on real-life journalists “smitten with the idea of a personal broadcasting system.”
A state judge has nixed impeached Illinois Gov. Rod Blagojevich’s attempt to appear on NBC’s summer reality show I’m a Celebrity, Get Me Out of Here. According to MSNBC (via TV Week), the Illinois judge in the case turned down the request because he believed Mr. Blagojevich wasn’t taking his criminal case seriously.
JOBS after the jump…