Several top sites for media industry news, events, trends and innovation:

Metaprinter: News Media Innovation and Convergence
http://www.metaprinter.com

Newsousar: Reflections of a Newsousar
http://newsosaur.blogspot.com

Paid content: The Economics of Content
http://www.paidcontent.org

Editor and Publisher
http://www.editorandpublisher.com

Newspaper Association of America
http://www.naa.org

Newspaper Project 
http://news.newspaperproject.org

Adage: Advertising, marketing and media news
http://adage.com

American Journalism Review
http://www.ajr.org

Columbia Journalism Review
http://www.cjr.org

National Association of Broadcasters
http://www.nab.org

Radio Advertising Bureau
http://www.rab.com

Inside Radio
http://www.insideradio.com

Monday Note: Media, Tech and Business Models
http://www.mondaynote.com

Poynter Online
http://www.poynter.org

Media Post
http://www.mediapost.com

Media Bistro
http://www.mediabistro.com