"When a newspaper cuts its staff, those who remain in the depleted newsroom become valuable. But as The Star-Ledger of Newark, N.J. slowly says farewell to 151 newsroom folks who took buyouts last month, at least two longtime journalists have been reassigned to the mailroom."

"Ziff Davis, the tech/gaming media company that recently exited Chapter 11 bankruptcy, is now taking the brave but inevitable step of closing down the print version of PCMag to focus its energy on its growing PCMag online network of sites, led by flagship PCmag.com."

"My summary of the way some of the established media has responded to the Internet is this: It's not newspapers that might become obsolete. It's some of the editors, reporters, and proprietors who are forgetting a newspaper's most precious asset: the bond with its readers," said Murdoch, the chairman and chief executive of News Corp.

"The figure used in the past for the death of newspapers always placed the death at around 10-20 years. Given the slide into oblivion even the United State’s largest newspapers are now experiencing, I’ll give it 6 years to 2015, but with half gone by the end of 2010, and a significant number folding (10-20%) in 2009. Newspapers were a great party lasting hundreds of years, but the party is over and the end is nigh."

"So, 50 newspaper CEOs, is there more to the story of what went on behind those closed doors? Because from outside, it’s not looking promising that you’re going to lead a reversal to the slide down that nasty-looking graph. If all that was accomplished at the Crisis Summit was to get everyone to accept that the problem really is big and agree to tackle the how in 6 months, that’s clearly not enough."

"Trinity Mirror yesterday said it would make 25 per cent more cost savings this year as advertising revenues dropped again. Online growth, the sole source of solace for the press, fell almost two-thirds in the past quarter, said Trinity Mirror, whose chief executive is Sly Bailey."

"Johnston Press, publisher of The Scotsman and the Yorkshire Post, conceded that it was at risk of breaching its lending covenants next year if the already weak economy deteriorated further."

"It makes you wonder whether Jarvis has actually done any, you know, reporting," Rosenbaum asks, lamenting his "contempt for the beautiful losers who actually made journalism an honorable profession."

In an elaborate hoax, pranksters distributed thousands of free copies of a spoof edition of The New York Times on Wednesday morning at busy subway stations around the city, including Grand Central Terminal, Washington and Union Squares, the 14th and 23rd Street stations along Eighth Avenue, and Pacific Street in Brooklyn, among others.

"Students at the UC Berkeley journalism school are doing great work, recently starting six hyperlocal sites focusing on Bay Area communities."

Demand for Wednesday newspapers heralding the Obama win was so high that many papers ran an extra run yesterday, and predictably, a thriving market in the collectibles has emerged on eBay.

"There is a future for print media. But the future is doubtful for large newspaper companies that are saddled with heavy costs and debt. If newspapers had focused on their business as "news" rather than "papers," they would most likely have invested heavily in digital ventures beginning in the mid-1990s, and established themselves as the primary source for locally relevant content."

"Anyone can be a reporter, a journalist has a craft. A reporter has a job, a journalist has a future, that is never clearer than during the great, slow burst of the century-old newspaper bubble."

"Sky News is hiring a 54-foot yacht that will be parked in the garden of the villa and used to interview floating voters on what might swing their vote to Obama or McCain."

"One of my least favorite parts of my job is performing what I like to call journalistic fellatio. It’s my own wonderfully crude term for those stories that I have to do to keep the people who provide me with information happy."

"Dennis has bought technology review website bit-tech, in a move that will boost Dennis’ online presence and net it an extra million unique visitors."

"Writing a weblog today isn't the bright idea it was four years ago. The blogosphere, once a freshwater oasis of folksy self-expression and clever thought, has been flooded by a tsunami of paid bilge. Cut-rate journalists and underground marketing campaigns now drown out the authentic voices of amateur wordsmiths."

"But as print circulation declines, media owners are still reliant on the web as a source of growth. Many are diversifying out of advertising into revenue-sharing partnerships with e-commerce sites, such as travel or dating. But some are also experimenting with techniques and technologies, with increased targeting of advertising to readers widely seen as the best way to raise yields."

"Glam Media, a high-profile but controversial internet advertising and content network that focuses on women, is launching a venture for men whose name – Brash – says as much about its ambitions as it does about the debut’s timing."

"After I recently posted a link to one of my blogs on a local website, the website’s administrator complained to me that the use of swearing in my blog was “tasteless” and added something along the lines of “We don’t want this destroying the integrity of our site."

"The design is lively," notes Nick Denton, the creator of the website Gawker, where he and his cadre of young writers still manage to whip up a fast-rotating buffet of mostly trivial gossip-bites. "I will definitely read The Daily Beast, but I don't think there are that many of me."

"Every writer since the printing press has longed for a means to publish himself and reach - instantly - any reader on Earth. Every professional writer has paid some dues waiting for an editor's nod, enduring a publisher's incompetence, or being ground to dust by a legion of fact-checkers and copy editors. With one click of the Publish Now button, all these troubles evaporated."

"Many are, quite literally, written by young adults who still live with their parents. Many are just a collection of juicy links. Yet, there's a handful of well-written, well-edited and exceptionally literate blogs."

"Two of Britain's newspaper bosses lined up to attack Sir Michael Lyons, the chairman of the BBC Trust, for saying that "nobody can be satisfied" with the quality of the country's local and regional press."

"Newsrooms don't trail the leading edge simply because they're too dumb to keep up: They're behind because their editorial leadership believes that keeping pace with rapid change is a fool's errand."

"A student came by my office the other day to talk about the CSU Today newspaper. He wasn’t too happy that the newspaper was missing, in his opinion, a key ingredient…namely paper."

"Erica Smith's impressive list of newspapers that use Twitter includes an snapshot of the most followed newspaper accounts."

"The government is drawing up plans to give the police and security and intelligence agencies new powers to access personal data held by internet services, including social network sites such as Facebook and Bebo and gaming networks."

"The last period at the end of any piece of content is where the story really begins."

"A man who claims to have invented a new way to write news stories about people is advising other writers to begin their article with a general overview of who and what the article will be about."

"This week NBC will begin introducing Web sites for its local TV stations with links to local newspapers, radio stations, online videos and other sources. And The New York Times will soon offer its online readers an alternative home page with links to competitors."

"In the last few years, newspaper companies have been rapidly expanding their Web presence — adding blogs, photo slide shows and podcasts — in the belief that more features would bring more advertisers. But now, after 17 quarters of ballooning growth, online revenue at newspaper sites is falling."

"Ironically then, it seems that microblogging is a return to actual reporting of fast moving events, while the other pieces are analysis or comment that have become confused/synonymous with journalism only in the last couple of decades. Journalism has come home to the future, and it matches perfectly the emerging online set-up: live text is to Twitter as analysis/comment is to blogs."

"The Guardian is also putting a lot of emphasis on video and has already invested more than £1million. A dish on the roof ensures the newspaper receives a raw, live Reuters feed that the newsroom can then edit to produce short news clips. When the newspaper struck the deal in September, just two news companies in Europe were doing something similar."