“You get what you pay for” has become a truism of free online content of widely varying quality. But in a Twitter klatsch, Gizmodo editor Brian Lam, Editorialiste Andrew Nusca, and AllThingsD’s Peter Kafka examine the otherside of the equation: publishers with fewer resources are forced to lean on the reporting of others to a greater degree. Then again, as Lam points out, even in the pre-link era, there were plenty of ‘real’ journalists who rereported others’ work without attribution:

The “Hulu for magazines” joint venture spearheaded by John Squires officially has a name: Next Issue Media. According to Folio, the partnership has some real heavyweights behind it: Time Inc., Meredith, Hearst, Condé Nast and News Corporation. All of which represent some serious old media muscle, but will they be able to compete in the digital marketplace?

Who says corporate Q1 2009 earnings calls can’t make for a riveting show? In an earnings call regarding News Corporation’s performance this past quarter, Rupert Murdoch went beyond the balance sheet, opening up to shareholders and reporters about the broken truce with MSNBC and the battle with the White House:

The NYT Co. is reporting that it made a profit last quarter. A PROFIT. In this media climate? Is that even possible? Well, sort of.