Here’s the latest 4MR audio report from MediaShift. In this week’s edition, I look at the new Bay Area News Project, a non-profit startup with $5 million in funding from financier Warren Hellman, in association with KQED and UC Berkeley’s Graduate School of Journalism. Plus, the FCC’s new chairman Julius Genachowski makes waves by supporting new rules for Net neutrality, and I ask Just One Question to Daylife CEO Upendra Shardanand.

Check it out:

4mrbareaudio92509.mp3

Background music is “What the World Needs” by the The Ukelele Hipster Kings via PodSafe Music Network.

Here are some links to related sites and stories mentioned in the podcast:

Hellman nonprofit to boost local news coverage at SF Chronicle

Hellman and partners to launch Bay Area newsroom at SF Bay Guardian

Dear Warren at Digidave.org

UC Berkeley Threatens Bay Area Journalism at East Bay Express

Hellman news play — KQED, UC — and NY Times? at SF Business Times

With $5 Million Grant in Hand, Bay Area Non-Profit News Site Takes Shape at PaidContent

FCC Embraces Net Neutrality, Enforces It On ISPs at Fast Company

Net neutrality victory for consumers at San Jose Mercury News

Senate Republicans Scrap Anti-Net Neutrality Push at Washington Post

FCC Takes Sides in Net-Neutrality Debate at Washington Post

Daylife, Getty Give Aggregation Tools to Publishers at MediaShift

Here’s a graphical view of last week’s MediaShift survey results. The question was: “What’s the future of business magazines like Fortune and BusinessWeek?”

i-92f71194bd0249c6d1d04170f5043ffe-mag future survey grab.jpg

Also, be sure to vote in our poll about what you think about how you deal with technology overload.

Mark Glaser is executive editor of MediaShift and Idea Lab. He also writes the bi-weekly OPA Intelligence Report email newsletter for the Online Publishers Association. He lives in San Francisco with his son Julian. You can follow him on Twitter @mediatwit.