Mediagazer: Media Meets Commerce, As Thrillist Buys JackThreads (Plus, 1,000 Invites) (Erick Schonfeld/TechCrunch)

9:55 PM ET, May 13, 2010

Top News:

Putting a Price on Words — Last year, Sam Apple got the idea into his head that what the world needed was a new kind of newspaper. This was, to put it mildly, at odds with the consensus of the marketplace. At the time, several large media companies were in bankruptcy …

Discussion: Media Decoder, Shaping the Future …, The Reformed Broker, New York Observer and MEDIA BEESWAX

Deadline.com:

NBC CANCELS ‘LAW & ORDER’ FLAGSHIP: Dick Wolf Furious That Net Reneged On Deal And May Take Show To TNT; Should NBC Reconsider? — BREAKING NEWS! KEEP REFRESHING! 3:30 PM UPDATE! Here's the latest news on this fast-moving story. A deal was in place if NBC picked up the Law & Order flagship …

Discussion: E! Online, Media Decoder, MediaMemo, The Awl, The Huffington Post, New York Magazine, Gawker, Company Town, Hitfix.com, Gothamist, Geekosystem and Tuned In

Charles V. Bagli / New York Times:

Condé Nast Considers Move to New W.T.C. Tower — The publishing giant Condé Nast has been talking to the Port Authority of New York and New Jersey about moving to 1 World Trade Center when it is complete, a potential coup for the signature skyscraper rising from ground zero.

Discussion: FishbowlNY, Gawker, The Wire, New York Observer, Crain's New York Business, Curbed NY, Gothamist, MediaPost, New York Magazine and WebNewser

Michael Arrington / TechCrunch:

You're Welcome, You Bastards — A week ago we posted two excerpts from Fortune columnist David Kirkpatrick's new book The Facebook Effect. We're big fans of Kirkpatrick and have been following his book progress since last year. When Fortune's PR department called to ask us to print the excerpts, we quickly agreed.

Discussion: Felix Salmon

Shira Ovide / Wall Street Journal:

Haim Saban Plans ‘Serious Look’ at Newsweek — Billionaire media investor Haim Saban said Wednesday he's planning to “take a serious look” at Newsweek magazine, which is on the auction block. — Mr. Saban said Don Graham, chairman of Newsweek parent company Washington Post Co. …

Discussion: paidContent, Romenesko, Guardian, Gawker, Los Angeles Times, mediabistro.com, FishbowlNY, The Wire, New York Observer, New York Magazine, Geekosystem and Reuters

Tim Elfrink / Riptide 2.0:

Gerald Posner Hires Rush to Judgment Author Mark Lane in Plagiarism Case — Gerald Posner, Miami Beach author and admitted plagiarist, announced today that he's hired a lawyer to defend him against Miami New Times' stories about his literary thefts. — Posner's own best-seller and Pulitzer finalist …

Discussion: Romenesko, PR Newswire, TheWrap.com, The Awl, GalleyCat and Association …

iab.net:

Internet Advertising Revenues Hit $5.9 Billion in Q1 '10, Highest First-Quarter Revenue Level On Record — 7.5% Year-Over-Year Increase a Bright Spot in Marketing & Advertising Media NEW YORK, NY (May 13, 2009) — Internet advertising revenues in the U.S. hit $5.9 billion for the first quarter of 2010 …

Discussion: John Battelle's Searchblog, MediaMemo, industry.bnet.com, paidContent, TechCrunch, Media Decoder and TechFlash

Jason Fry / Nieman Journalism Lab:

Why the biggest competitor to iPad news apps may be a familiar icon — Once we got done making jokes about the name, one of the more amusing aspects of the iPad's launch was how many people made up their minds about the product's worthiness and market fate without the benefit of using one for very long, if at all.

Discussion: CJR, Reinventing the Newsroom and Soup

Ryan Lawler / NewTeeVee:

Hulu: HTML5 Isn't Ready for Prime Time — UPDATED: Hulu rolled out a number of updates to its video player today, including making it bigger, adding adaptive bitrate streaming, improving content recommendations and enabling users to receive more personalized ads.

Discussion: Hulu Blog, NetNewsCheck Latest, Gizmodo, ReadWriteWeb and MediaMemo

Phil Rosenthal / Chicago Tribune:

‘Annie’ left a homeless orphan in newspaper world — Through more than 85 years of hardships and challenges — spanning the Great Depression, a world war, foreign cabals, corruption at home, several kidnappings and, well, being an orphan — she somehow always found a way to triumph.

Discussion: Romenesko, Speakeasy, Jezebel and The New Republic

Erick Schonfeld / TechCrunch:

Media Meets Commerce, As Thrillist Buys JackThreads (Plus, 1,000 Invites) — It was only this past weekend that Dave Chase argued in a guest post here on TechCrunch that online media companies should get into e-commerce through group buying and flash sale sites.

Discussion: Speakeasy, paidContent, FishbowlNY and Silicon Alley Insider

Mark Sweney / Guardian:

HMV's Simon Fox to be GMG director — Chief executive of music retailer - and early front-runner in race for ITV job - to be non-exec director of Guardian publisher — Simon Fox, chief executive of the music retailer HMV, is to become a non-executive director of Guardian Media Group.

Discussion: Media Week and paidContent:UK

Joseph Tartakoff / paidContent:

CBS Buys ‘Green’ Media Firm EcoMedia — CBS (NYSE: CBS) has made a small acquisition, buying EcoMedia, an environmental media firm. The two companies had already been working together in local CBS markets; under their partnership, advertisers could allocate a portion of their CBS ad spending …

Discussion: Broadcasting & Cable and rbr.com

rbr.com:

Jelli scores $7 million in funding for Crowdsourced Radio — Jelli, the social music service which combines the power of the web with the reach of terrestrial radio, announced it has closed a $7 million Series A round of funding led by Battery Ventures, with participation from First Round Capital.

Discussion: paidContent

Ctouhey / TBD:

We're Crowdsourcing Plans for TBD — While we were working on a name for our new project (we settled on TBD), we used a lot of different names to refer to it, including, well, TBD, nonameyet, and many others. — At one point, a tweep suggested that we crowdsource the name, seeking suggestions on Twitter.

Discussion: Zombie Journalism

Alex Weprin / WebNewser:

The Fiscal Times Celebrates Launch — Last night digital news publication The Fiscal Times celebrated its official launch at The Paley Center for Media in New York City. The main event was a conversation between CNBC's Maria Bartiromo and Pete Peterson, the former U.S. Secretary of Commerce …

Discussion: TVNewser, GalleyCat, The Wire and eBookNewser

Ian Burrell / The Independent:

Will Rupert Murdoch's plans to charge for access to his websites pay off? — Next week Rupert Murdoch introduces a charge for access to the websites of his best-known news titles. Will his latest gamble pay off? — The big reveal comes next week. We'll have a better idea then whether …

Discussion: New York Magazine and Fitz & Jen

Peter Lauria / The Daily Beast:

Sony's Family Saga — Hungry Beast Giving Beast Women in the World — Blogs and Stories — A succession battle is brewing at the second-largest music company in the world, as Sir Howard Stringer must choose between the head of RCA—and his own brother.

Discussion: Company Town and The Daily Beast

Marisa Guthrie / Broadcasting & Cable:

Cable Show 2010: TV Everywhere, Money Not So Much — Media executives rehash perennial concerns about financial viability of multiplatform distribution — Moderated by former FCC chairman Michael Powell, who has segued from the federal payroll to Providence Equity Partners …