Summary:

»  Was it Netflix (NSDQ: NFLX) or bad business decisions that busted Blockbuster? (NYSE: BBI) Perhaps it was online video. [NewTee…

Morning Lowdown
photo: Corbis / Patricia Curi

»  Was it Netflix (NSDQ: NFLX) or bad business decisions that busted Blockbuster? (NYSE: BBI) Perhaps it was online video. [NewTeeVee]

»  Former Washington Post executive editor Len Downie Jr, is attacking online news aggregators such as The Huffington Post as “parasites living off journalism produced by others.” [The Guardian]

»  With its redesign unveiled amid a controversial cover story by conservative polemicist Dinesh D’Souza, the newly bloggy Forbes mag writers took the opportunity to lambaste the piece that sought to portray President Barack Obama thinking as “factually incorrect” and “stupefyingly inane” — which is just the kind of back-and-forth newly-installed content head Lewis D’Vorkin intended. [Daily Finance]

»  Reuters (NYSE: TRI) is moving away from the faceless “wire mentality” towards the embrace of marquee name journalists. But can management adapt to the change in culture that comes with handling “star power?” [Business Insider]

»  Facebook’s addition of check-in services and widening the use of its “Like” button will help it sell its users’ “friends” to advertisers, who are more interested in members’ social graph. [Bloomberg BusinessWeek]

»  After setting up its “think tank for apps,” Hearst is now providing a forum where staffers can offer their ideas for improving the publisher’s operations called Hearst Innovation. [Mediaweek]

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