The AP, which lost a number of members last year and has been threatening for some time to take a variety of actions to protect its content, appears to have settled on one:

They are going to track their content around the Web to “to assure compliance with terms of use.” Sort of the media version of “get off my lawn!”

Similar to just about every President this country has ever had, Barack Obama, in his six months in office, has taken to complaining about both the media and the unforgiving news cycle. Unlike most of them, Obama at times appears to be running said news cycle (lest we forget he saved newspapers for a day back in November). All 24 hours of it.

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.

It’s hard not to conclude there are two editorial standards at the New York Times: one for Maureen Dowd and one for everyone else. This past May, Dowd “accidentally” lifted a passage from TPM’s Josh Marshall and received a two line editor’s note. Not so for Times Mag writer Charles Siebert! Is there a double standard at work?

After what felt like a short springtime respite from the downward spiral of the media world, the bad news has been picking up again of late. Last week Gannett laid off upwards of 1,400 people, late last month Vibe folded, and the NYT.com has announced it may soon start charging for access. Today Bloomberg is reporting that McGraw-Hill may be putting BusinessWeek up for sale.

We lived as kings, and it convinced us, I think, that there was a significant underlying value to what we did. And I think we’re finding out now that the real, actual value of journalism in the current economy is not that high.