Mediagazer: FTC Approval Paves Way For Microsoft To Make A Move In Mobile Advertising (Tricia Duryee/paidContent)

6:35 AM ET, May 22, 2010

Top News:

FTC Closes its Investigation of Google AdMob Deal — After Thorough Review, Agency Finds Transaction Not Likely to Harm Competition — The Federal Trade Commission has closed its investigation of Google's proposed acquisition of mobile advertising network company AdMob after thoroughly reviewing …

Tricia Duryee / paidContent:
FTC Approval Paves Way For Microsoft To Make A Move In Mobile Advertising

Discussion: NetNewsCheck Latest

Omar / The Life and Times of AdMob:
Working with Google to move mobile advertising forward

Discussion: Silicon Alley Insider and VentureBeat

Thomas Catan / Wall Street Journal:
Bloggers Aim Posts at Regulators

Discussion: mediabistro.com

Peter Kafka / MediaMemo:

Exclusive: PaidContent Founder Ali to Depart Pioneering Digital News Site — PaidContent's Rafat Ali, who turned a one-man Web site 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 the company …

Discussion: Gawker, Silicon Alley Insider, FishbowlNY, Romenesko, Guardian and LA Observed

Rafat Ali / paidContent:

On To Life 2.0 — In the end, all things do come to an end. The good and bad part is, it is never a definite marker, but all part of a process. And so it has been for me. After pouring exactly eight years of my life and a lifetime into this, I am leaving ContentNext and paidContent in early July.

Discussion: Folio

Ben Fritz / Company Town:

Weinsteins' deal to reclaim Miramax falls apart [updated] — Bob and Harvey Weinstein's long-in-the-works deal to reclaim independent movie label Miramax Films from the Walt Disney Co. has fallen apart after several weeks of intense negotiations, according to three people familiar with the matter.

Discussion: Hollywood Reporter, Media Decoder, The Daily Beast, Thompson on Hollywood, /Film, Variety, The Wire, Gawker, DealBook, New York Magazine and Movieline

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.

Discussion: FishbowlNY, New York Observer and eMedia Vitals

Henry Blodget / Silicon Alley Insider:

Newsweek Has 6 Employees In “Dining Services” — Rafat Ali at paidContent scored a copy of Allen & Co's preliminary marketing book for Newsweek. The book provided some helpful financial detail. — As expected, Newsweek is losing a boatload of money—$56 million last year. — Why?

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 …

Colby Hall / Mediaite:

Happy Hour Is Over: Fox Business Network Cancels Dayside Business Program (UPDATE) — Earlier today Mediate first reported that Fox Business had canceled Fox Business Happy Hour, the 5:00 pm show on the relatively nascent financial news channel. Mediaite has confirmed with Fox Business …

Discussion: TVNewser, Inside Cable News, Dealbreaker, News On News and New York Magazine

Edmund Lee / AdAge:

Yahoo Aims to Double Original Content in Ambitious Publishing Strategy — Plan Includes Snapping up Journalists, Buying Associated Content — NEW YORK (AdAge.com) — Despite Yahoo's well-publicized strategy to corner a broad array of online businesses from advertising to search to content …

Erin McPike / National Journal Online:

Away From Prime Time, CNN Thrives — CNN STICKS TO ITS GUNS ON NEWS WITHOUT OPINION, EXCEPT ON THE HLN CHANNEL. — Smack in the middle of the worst economic decline since the Great Depression, when businesses everywhere are hemorrhaging money and news organizations are suffering through …

Discussion: Romenesko

Nat Ives / AdAge:

TV Guide Magazine Teams With Its Former Website and Network — Separately Owned TVGuide.com Will Once Again Host the Magazine's Content — NEW YORK (AdAge.com) — TV Guide magazine has struck a deal with the TV Guide Network and TVGuide.com, properties that have operated under …

Discussion: MediaPost and paidContent

Jason Fell / Folio:

Source Interlink Launches Magazine with Emphasis on Newsstand, Not Advertising — ‘Bound by ink’ to chronicle the impact of art on tattoo culture. — When a pair of longtime Source Interlink Media executives began talking 10 months ago about launching a magazine, they wanted …

Discussion: FishbowlNY

Jimmy Orr / Top of the Ticket:

Robert Gibbs turns into Wonder Woman; successfully deflects 13 questions in a row — It was almost like White House Press Secretary Robert Gibbs turned into Wonder Woman and was using her magical silver bracelets to deflect the onslaught of questions from two reporters Thursday afternoon.

Discussion: Romenesko

Matthew Belloni / Hollywood Reporter:

MARC CUBAN COMPANY SUES PARAMOUNT FOR MILLIONS — EXCLUSIVE: Paramount has been sued for tens of millions of dollars by the Mark Cuban-backed entity that represents money behind 25 movies released in the 1990s. — Content Partners, the Cuban-affiliated company that manages Hollywood profit …

Discussion: Company Town

Andy Plesser / Beet.TV:

Rachel Maddow's Rand Paul Interview on MSNBC.com Gets Half a Million Online Views — Visit msnbc.com for breaking news, world news, and news about the economy — Rachel Maddow's Wednesday night, news-making interview with Rand Paul - Republican candidate for U.S. Senate from Kentucky …

Discussion: The Huffington Post, Right Now, Change of Subject, Washington Post and Mediaite

David Kravets / Threat Level:

Pennsylvania AG Dropping Twitter Subpoena — Pennsylvania prosecutors are dropping their grand jury subpoena to Twitter demanding the identity of two account holders who used the microblogging service to criticize Attorney General Tom Corbett, a spokesman said Friday.

Discussion: CasablancaPA and Philly.com

Brent Lang / The Wrap:

EXCLUSIVE: Bob Kerrey Tapped to Head MPAA — By Ira Teinowitz & Sharon Waxman — Former U.S. Sen. Bob Kerrey has been tapped to be the next chairman of the Motion Picture Association of America, TheWrap has learned. — Kerrey has won approval from the heads of the movie companies …

Discussion: Hollywood Reporter, Media Decoder, TVWeek.com, Variety and Company Town