PermaTouts
Sites:
Editor & Publisher
The reborn daily stop for the trade: http://www.editorandpublisher.com/eandp/index.jsp
Bonus: Fitz & Co. Blog, knowledgeable comment, and one of the few to focus on newspaper company finances, with a deep understanding of their machinations.
AllThingsD
Spirited coverage of digital media transformation
Romenesko
Quite simply, the daily Bible of the transforming news world, found on the Poynter Online site.
Plus: Rick Edmonds’ always on-top-of-the-news Biz Blog
Nieman Journalism Lab
A wellspring of journalism innovation
PaidContent.org
Follows the money in digital news and media, in real time.
Bloggers:
Alan Mutter’s Newsosaur
Deep knowledge of the newspaper industry, its decision and pain points.
Posts of note:
How long can print newspapers last?
Journicide: Losing a generation of scribes
The way to charge for news on the web
Barry Graubart’s Content Matters
A curious mind, experienced in B2B content technology.
http://www.contentmatters.info
Recent posts of note:
Ten for Ten: Digital Media Predictions for 2010
David Meerman Scott’s Web Ink Now
Guru of the new age of viral marketing
Recent posts of note: 
Jeff Jarvis’ Buzz Machine
An incisive thinker, an anarchic spirit, Jarvis’ Buzz Machine is energy, and often, fury, barely contained.
Top Posts of Note:
John Blossom’s ContentBlogger
Jonathan Mendez’ Optimize and Prophesize
Leading expert and big thinker on advertising optimization
Recent posts of note:
Read All About It: Online News Has No Clue About Optimization
Transcendence: The Power of Publishing is Marketing
Mark Potts’ Recovering Journalist
Deeply knowledgeable on newspaper world and community publishing.
Recent posts of note:
Peter Krasilovsky’s Local Onliner
Vital coverage of the local commerce space, especially around news and newsy sites.
Top posts of note: