Top News:
Edmund Lee / AdAge:
Yahoo Buys Associated Content for $100 Million — Deal Will Shore Up Portal's Content Offerings, Help Produce Low-Cost Media — NEW YORK (AdAge.com) — Yahoo has acquired startup Associated Content for slightly more than $100 million in a deal the at gives the portal new technology and a new strategy for producing low-cost media.
Discussion:
Editor & Publisher, Mashable!, paidContent, The Associated Content Blog, Yahoo!, Around The Web, GigaOM, AdExchanger.com, Fast Company, TechCrunch, Silicon Alley Insider, VentureBeat, The Social, The Wrap, Fitz & Jen, New York Observer, FishbowlLA, ReadWriteWeb, Andy Beal's Marketing Pilgrim and Crain's New York Business
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Ken Doctor / Newsonomics:
Yahoo's Buy of Associated Content Makes It a Publisher, Syndicator, Wire, Ad Rep...and More — So what indeed is Yahoo? CEO Carol Bartz has been trying to paint the new picture of it not being in Google's space, but being different. Not a search company, to be sure, a media company of some sort …
Yodel Anecdotal:
Welcoming Associated Content to the Yahoo! Family — Interview with Luke Beatty, Associated Content @ Yahoo! Video — Today we announced we are acquiring Associated Content, a pioneer in delivering crowd sourced content. We are at their headquarters today talking with employees and I spent …
Steve Krakauer / Mediaite:
Breaking: Campbell Brown Leaving CNN After Network Grants Release From Contract (UPDATE) — Mediaite has learned CNN has granted anchor Campbell Brown's request to be let out early from her contract. — She has agreed to stay on and anchor the 8pmET hour until a replacement is found.
RELATED:
Financial Times:
Google looks to make peace with Murdoch — Eric Schmidt, chief executive of Google, said the internet company had had talks with Rupert Murdoch and other newspaper proprietors about helping run subscription services for their online sites
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Tim Bradshaw / Financial Times:
Users' trust of online news rises — British web surfers say they now trust online news sources more than television bulletins and newspapers, ignoring the adage to never believe what you read on the internet. — A survey of media literacy by Ofcom , the media regulator …
Laura McGann / Nieman Journalism Lab:
Mediagazer: From zero to big traffic driver in just two short months — Last week we were perusing our Google Analytics report here at the Lab and one data point stood out: A site barely two months old had inched into our top 10 referring sites for the previous month.
Michael Calderone / Yahoo! News:
Blumenthal scandal lifts veil on how political campaigns shop opposition research to the press — The New York Times' big scoop on Democratic Senate candidate Richard Blumenthal's misrepresented record of service during the Vietnam War wasn't even an hour old when one of Blumenthal's rivals …
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Peter Kafka / MediaMemo:
GQ's iPad App Does...Okay — So we're six weeks past the iPad launch. Has Apple's gadget saved the publishing business yet? — Nope. But it might be generating a few extra bucks. — Publishers are being tight-lipped and/or vague about their iPad sales, but here's some directional news …
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Lauren Indvik / Mashable!:
GQ's Men of the Year Issue on iPad: 365 Copies Sold
Discussion:
VentureBeat, FishbowlNY, BRANDING UNBOUND, Journalism.co.uk, Guardian and New York Magazine
Reuters:
Twitter expects hundreds of advertisers — (Reuters) - Twitter, the rapidly expanding microblogging service, plans to have hundreds of advertisers using its new ad system in the fourth quarter as the company ramps up plans to become a self-sustaining, profitable business.
Discussion:
Soup
Yinka Adegoke / Reuters:
Google to fight government if AdMob deal blocked — (Reuters) - Google Inc Chief Executive Eric Schmidt said on Tuesday his company is prepared to fight the U.S. government “very hard” if regulators block the search leader's acquisition of mobile advertising firm AdMob.
Discussion:
paidContent
New York Observer:
Si It Isn't So! Condé Considers Move Downtown — Si Newhouse is intent on finding Condé Nast a new home. — Only 11 years after Condé Nast moved into 4 Times Square, Mr. Newhouse has stepped up a three-year-long real estate search and is setting his sights on, of all places, lower Manhattan.
Tim Elfrink / miaminewtimes.com:
Posner Plagiarizes Again — Disgraced Miami Beach author Gerald Posner is desperate. He apparently whitewashed an account of his serial plagiarism on his Wikipedia page, then threatened Miami New Times with a lawsuit for writing about it. And now he's retained an 83-year-old lawyer infamous …
Discussion:
Gawker
Richard Siklos / New York Observer:
Hollyworld: High-Low Split for Media Pay — Lately, media pay has become something of an extreme sport. — Last we checked, this was an industry in the midst of a recession and a scary transition. And yet Bloomberg BusinessWeek recently ranked the 10 most overpaid CEOs in America last year …
Michael Malone / Broadcasting & Cable:
NBC, Affiliates Work Toward Long-Term Commitment — Body discusses 10-year deals with network — Some 182 NBC affiliates met with the network in New York Monday (May 17) following NBC's upfront presentation at the Hilton. The meeting covered the long-term viability of the network-affiliate relationship …
Discussion:
MediaPost
Adam Yamaguchi / The Huffington Post:
Laura Ling: Captive in North Korea — When the phone rings at 1 a.m., I usually ignore it. But early in the morning of March 19, 2009, I awoke to the sound of my cell phone buzzing on the nightstand. It was a call I never expected to get. — Laura Ling and Euna Lee …
Alex Weprin / WebNewser:
ESPN Unveils Social Games, Foursquare-Like App At Upfront — ESPN held its 2010 upfront presentation for media buyers, advertisers and the press Tuesday, and interactivity was at the heart of the show. — While much of the presentation focused on what the network has on its linear channels …
David Conn / Guardian:
Lineker quits Mail over FA sting — • Lineker attacks paper for undermining 2018 World Cup bid — • Agent Jon Holmes accuses Mail on Sunday of ‘crass judgment’ — Gary Lineker has quit his weekly column in the Mail on Sunday in protest at the newspaper's publication …
Staci D. Kramer / paidContent:
Tercek Out As OWN Digital Head; Vision Differed From CEO's Plans — His LinkedIn profile still says president of OWN: The Oprah Winfrey Digital Network but paidContent has learned—and confirmed with the company—that Robert Tercek is no longer with the new network.
Matthew Belloni / Hollywood Reporter:
NIKKI FINKE IN TALKS FOR HBO PAYDAY — EXCLUSIVE: HBO is trying to make a deal with litigious showbiz blogger Nikki Finke. The network is negotiating an arrangement with Finke to bless “Tilda,” its planned comedy about a Hollywood blogger very much like Finke.
Peter Kafka / MediaMemo:
Waiting to Pay for Hulu? Wait a While Longer. — A public service announcement for those of you eager to start paying for Hulu: Be patient. You're going to have to keep waiting. — Last month, the Los Angeles Times said Hulu was set to roll out a subscription service “as soon as May 24.”
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