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1:00 PM ET, May 21, 2010

Mediagazer

 Top News: 
Rafat Ali / paidContent:
Newsweek Sale Book: First Bids Due By June 2; Complete Financials  —  When the Washington Post Co. (NYSE: WPO) announced that Newsweek was for sale, the top-line numbers we pulled out of SEC documents weren't new but they were stark.  The first-quarter earnings released a couple of days later highlighted the rationale.
New York Observer:
Meet Vinnie Rotondaro, The J-School Grad Who Scored a Prokhorov Exclusive  —  Russian billionaire and new Nets owner Mikhail Prokhorov was in extremely high demand among reporters on his tour through New York this week.  At a press conference on Wednesday, which lasted almost an hour …
Mathew Ingram / GigaOM:
Schmidt Says Google TV Ads Will Be a Cash Machine  —  Television may have been around for half a century or so, but Eric Schmidt thinks Google TV can one-up regular television — at least when it comes to advertising.  Why?  Because it can target ads the same way Google does online …
RELATED:
Salahuddin Choudhary / The Official Google Blog:
Announcing Google TV: TV meets web.  Web meets TV.  —  If there's one entertainment device that people know and love, it's the television.  In fact, 4 billion people across the world watch TV and the average American spends five hours per day in front of one*.
Janko Roettgers / NewTeeVee:
Google TV Combines Live TV, Hulu and the Rest of the Web
Dan Gillmor / Mediactive:
Microchanneling: One Big Implication of Google TV
Peter Kafka / MediaMemo:
Exclusive: PaidContent Founder Ali To Depart Pioneering Digital News Site  —  PaidContent's Rafat Ali, who turned a one-man Web site and into a must-read hub for digital media news, is leaving the company he founded eight years ago.  —  Sources said Ali has told co-workers he will leave …
Discussion: Romenesko
Joe Pompeo / Silicon Alley Insider:
Meet Andrew Golis, The 26-Year-Old Behind Yahoo's Newsiest 57 Million Page Views (YHOO)  —  Ever since Yahoo! News started putting together an all-star team of journalists earlier this year, we've been curious about its plans.  —  For the first time, Yahoo! News actually has full-time beat writers …
Discussion: Romenesko
Brian Stelter / Media Decoder:
As CNN Considers Prime-Time Changes, Spitzer's Name Is Mentioned  —  As CNN scrambles to replace Campbell Brown on its wounded prime-time lineup, the most intriguing name purportedly on the channel's list is that of Eliot Spitzer, the disgraced former governor of New York.
RELATED:
Jeffrey A. Trachtenberg / Wall Street Journal:
E-Books Rewrite Bookselling  —  NEW YORK—In the massive new Barnes & Noble superstore on Manhattan's Upper East Side, generous display space is devoted to baby blankets, Art Deco flight clocks, stationery and adult games like Risk and Stratego.  —  The eclectic merchandise …
Megan Garber / Nieman Journalism Lab:
The programmer majored in English: A fascinating study of the NYT's Interactive News unit  —  At the University of Texas's International Symposium on Online Journalism conference last month, a series of academics presented papers on the future of news.  There's great stuff, including …
Joe Strupp / Strupp:
New York Times' Public Editor Looking Into Blumenthal Coverage  —  As the criticism grows over The New York Times coverage of U.S. Senate candidate Richard Blumenthal of Connecticut, specifically claims that the Times did not offer a full version of a video in which Blumenthal falsely claimed …
RELATED:
the nytpicker:
Ignore The Rumblings. …
Robert Andrews / paidContent:UK:
James Murdoch: Surprised By Schmidt, Search Sites Should Give Us Answers  —  His father took a seat - next to News International CEO Rebekah Brooks and her new iPad - to hear News Corp (NYSE: NWS) EMEA CEO James Murdoch broaden the pay-for-news debate in to a grand call to salvage the sustainability …
Thomas Catan / Wall Street Journal:
Bloggers Aim Posts at Regulators  —  WASHINGTON—U.S. trustbusters have set their sights on Silicon Valley, with a growing number of investigations targeting possible anticompetitive behavior by technology companies.  Now they are having to deal with an unexpected consequence …
Discussion: mediabistro.com
Leena Rao / TechCrunch:
Google Buys Simplify Media To Power Music Syncing For New iTunes Competitor  —  Google just announced that it bought Simplify Media, a startup that offers software that lets you share your iTunes music across platforms, including the web.  —  The software lets you share your photos …
Ruth Gledhill / Times Online:
‘Articles of Faith’ translates to heart of great paywall debate  —  Watch The Times' digital director Gurtej Sandhu debate paywalls at the Frontline Club last night.  —  So will you pay or won't you?  I hope enough of you do.  There has been much speculation about how the new paywall will work.
Discussion: One Man & His Blog
Yinka Adegoke / Reuters:
Fox News targets Latinos with new website  —  (Reuters) - Fox News plans to launch this fall a website aimed at a Latino audience as it seeks to build its coverage and links with one of the fastest-growing U.S. communities.  —  Fox News, which is owned by Rupert Murdoch's News Corp …
 
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 More News: 
Steven Church / Bloomberg:
Tribune to Seek Creditor Vote on Fraudulent-Conveyance Claims
Zeke Turner / New York Observer:
‘War’ at the Four Seasons Hotel; Sarah Ellison on Her New Book and Greater New York
Discussion: Editors Weblog
Evan Osnos / The New Yorker Blog:
Does Twitter Matter in China?
Claire Atkinson / New York Post:
Google wants You  —  Google's search for a content czar has taken …
Discussion: The Daily Beast
David Kravets / Threat Level:
Appeals Court Halts ‘Hot News’ Publishing Order
Seattle PostGlobe:
Judge orders filmmaker to hand over film, but stays order until May 31
blogs.journalism.co.uk:
Independent on Sunday offers blogger damages over ‘hooker’ headline
 Earlier Picks: 
Dan Gillmor / Mediactive:
Hacks/Hackers Uniting for iPad Journalism; But What About Apple Control?
Discussion: TechCrunch, PC World and Mashable!
paidContent:UK:
SeeSaw Launches Paid Options, Starting At £0.99
Discussion: Guardian
Newsosaur / Reflections of a Newsosaur:
How local TV could go the way of newspapers
Discussion: Romenesko
Caroline McCarthy / The Social:
Facebook's privacy crisis must thrill Hollywood
Simon Dumenco / AdAge:
Greyson Chance, 12-year-old YouTube and Twitter Superstar: How He Really Happened