Mediagazer: Well, that just happened... It's with a heavy heart that we have to make this post. (Jason DeFillippo/Metblogs)

2:40 AM ET, May 23, 2010

Top News:

Jason DeFillippo / Metblogs:

Well, that just happened... It's with a heavy heart that we have to make this post. After our post earlier this year we've made repeated attempts to secure either financing or a buy-out and neither of which came to fruition. Left with no other alternative we're sadly forced to shut our doors at the end of the month.

New York Times:

Tragedy in Detroit, With Reality TV Crew in Tow — DETROIT — The house where Aiyana Stanley-Jones lived on the East Side here is quiet now, a makeshift memorial of teddy bears and balloons on the porch where the police lobbed a stun grenade through the front window last Sunday.

Discussion: Movieline

David Goetzl / MediaPost:

Rush To Buyout: ‘NY Daily News’ Gossip Columnist May Exit — “Page Six” may have less competition before Memorial Day. George Rush, the long-time gossip columnist at the New York Daily News and half of the “Rush & Molloy” team, has applied to take a buyout from the paper, a source said.

MobileActive.org:

Mobile Done Right? How National Public Radio Embraces the Mobile Web and Apps … Branching out into the mobile space can have big rewards for media organizations that take the time to do it right. However, recognizing the right moments, investing in the right technology, and marketing to the right audience are tough to do.

Jeremy Mullman / AdAge:

See the Soccer Spot Nike Says Might Be Its Best Ad Ever — Company Unveils Campaign Timed for World Cup Fever — CHICAGO (AdAge.com) — Addressing investors earlier this month, Nike VP-Brand and Category Management Trevor Edwards declared that the marketer's TV creative for June's World Cup was …

Discussion: /Film, AdFreak, Multichannel and Speakeasy

Brian Stelter / New York Times:

Weather Channel's Move Beyond Forecasts May Be Costly — The woes of the Weather Channel can be summed up in one movie title: “Misery.” — A decision to buy the Kathy Bates thriller — tangentially weather-related because it takes place during a snowstorm — has become a talking point …

Discussion: Gawker and Multichannel

Brett Michael Dykes / Yahoo! News:

Facebook, Myspace caught sending personal user data to advertisers without consent — In a seemingly never-ending string of damaging disclosures about its inattention to users' privacy concerns, the social-media site Facebook has reportedly been releasing user data to ad companies that hadn't even asked to see it.

Discussion: Electronic Frontier Foundation, All Facebook, PC World and MediaPost

James Rainey / Los Angeles Times:

On the Media: L.A. City Hall reporters howl after access to City Council is limited — Restrictions had been imposed after complaints about noise and distractions. Media contend that access restricted often means access denied. — At L.A. City Hall, one of the challenges for journalists …

John Eggerton / Broadcasting & Cable:

Crystal Retiring From ‘NewsHour’ — President of MacNeil/Lehrer Productions to retire Aug. 31 — Les Crystal, president of MacNeil/Lehrer Productions, will retire effective Aug. 31, but will remain a senior advisor to the company through the end of this year.

Discussion: TVWeek.com and TVNewser

Tricia Duryee / paidContent:

FTC Approval Paves Way For Microsoft To Make A Move In Mobile Advertising — There's one thing for sure now: Microsoft (NSDQ: MSFT) won't have a chance to buy the largest mobile advertising network now that Google (NSDQ: GOOG) has received approval to go-ahead with its $750 million acquisition of AdMob.

Discussion: NetNewsCheck Latest

Federal Trade Commission:
FTC Closes its Investigation of Google AdMob Deal

Discussion: New York Times, VentureBeat, The Life and Times of AdMob, Tech Daily Dose, Silicon Alley Insider, PC Magazine, Wall Street Journal and Mashable!

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: TeleRead, MediaPost and paidContent

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?

Discussion: paidContent and FishbowlNY