Mediagazer: Mobile Video Ad Network Transpera Raises $9 Million (Will Richmond/VideoNuze)

4:05 PM ET, June 2, 2010

Top News:

Steve Jobs: If your app does not fit, you must resubmit — Last night, Apple CEO Steve Jobs spoke at All Things Digital's D8 conference, where among other topics he discussed the touchy matter of apps being rejected from the iTunes store for political content.

Discussion: The Atlantic Online, D8 Conference, VentureBeat, The Next Web, ReadWriteWeb and CrunchGear

Sharon Waxman / The Wrap:

Steve Jobs on Letting Gizmodo's Leak Slide: 'I'd Rather Quit' — Apple CEO Steve Jobs gave a ringing defense of journalism, while explaining that he couldn't let Gizmodo's leak of the company's new iPhone go, in a rare interview on Tuesday. — “I'd rather quit,” he said he told colleagues …

Discussion: Gannett Blog, TechCrunch, Scott Rosenberg's Wordyard, Fitz & Jen, Guardian, MediaFile, Media Buyer Planner and Lost Remote

Peter Kafka / D8 Conference:

Steve Jobs: I Can Help Save the Media Business, If It'll Wise Up and Cut Its Prices — Here's the pitch Steve Jobs is making to media companies: Cut your prices, and I'll help you move a lot of product. — Speaking at the D8 conference, the Apple CEO said he wants to help save journalism because …

Discussion: GigaOM, Wall Street Journal, VentureBeat, The Next Web, Engadget, ReadWriteWeb, AppleInsider, NewTeeVee, Silicon Alley Insider, Fortune and Gizmodo

Staci D. Kramer / paidContent:
@ D8: Jobs: 'We Didn't Start Out To Have A War With Adobe'

Discussion: TechCrunch

Peter Kafka / MediaMemo:

Exclusive: Google Buys Invite Media — Google has indeed bought ad technology start-up Invite Media, I've confirmed with multiple sources. — As I wrote last month, Invite is a three-year-old “demand-side platform” designed to help buyers navigate high-volume display-advertising exchanges-like the one Google launched last year.

Discussion: ClickZ, Mashable!, VentureBeat, Fortune, paidContent, TechCrunch, The Next Web, Search Engine Land and Silicon Alley Insider

Keith J. Kelly / New York Post:

Handicapping the Newsweek mag sweepstakes — The field looks fairly light as the deadline for first-round “letters of interest” comes due today for Newsweek. — The weekly magazine lost $28.3 million last year, but cut red ink down to $2.3 million in the first quarter …

Discussion: TheWrap.com and Romenesko

Lee Siegel / New York Observer: News-bleak! Or Is It? Grahams Succumb to Panic

Claire Atkinson / Washington Post:

NBC boss eyes $30M+ exit deal from Comcast — General Electric has finalized details of Jeff Zucker's exit deal from NBC Universal, according to sources familiar with the situation. — Zucker will leave “a couple of months” after Comcast Corp. closes its agreement to acquire a 51 percent stake …

Discussion: Gawker, Company Town, New York Magazine, Inside Cable News, The Wire and Chickaboomer

Adam Ostrow / Mashable!:

AP Stylebook Adds 42 New Guidelines for Social Media — The AP Stylebook has released its new social media guidelines, including the official change from “Web site” to “website” (a move first reported back in April) and 41 other definitions, use cases and rules that journalists should follow.

Discussion: ap.org, Romenesko, WebNewser, The Huffington Post, Talking Biz News, Poynter Online, Epicenter and Publishing Perspectives

John Koblin / New York Observer:

David ‘Mr. Paywall’ Remnick Defends His Turf — If you're an editor these days, grab a soapbox and talk about a paywall. — Last month, Guardian editor Alan Rusbridger hit New York and went on Charlie Rose to talk about what a tragedy it would be for editors to charge readers for content.

Discussion: mediabistro.com and The Awl

John Koblin / New York Observer:

More on M.I.A., The Times and Truffle-Gate — It's been nearly a week since Lynn Hirschberg's M.I.A. profile was posted to The Times' Web site, and the Truffle Kerfuffle continues. — Over Memorial Day Weekend, M.I.A. posted two audio recordings from her interview with The Times that she—eep!—secretly taped.

Discussion: Terry Heaton's PoMo Blog, FP Passport, Gawker, Sound of the City, The Wire, Yahoo! News, Jezebel, The Daily Dish, Billboard.com The Feed, Speakeasy, dBTechno and www.thetakeaway.org

Robert Andrews / paidContent:UK:

iPad News Figs: UK's Times Sold 5,000, FT Shifted 130,000, WSJ 10,000 Subs — The Times' iPad edition, which went on sale along with the tablet's UK debut Friday morning, sold 5,000 copies in three days, News Corp.'s CEO Rupert Murdoch told AllThingsD's D8 conference Tuesday …

Discussion: TheAustralian, CJR, ReadWriteWeb, Silicon Alley Insider, eMedia Vitals and mobile-ent.biz

Brian Stelter / Media Decoder:

Scannell Takes Over at BBC America — The former Nickelodeon president Herb Scannell is taking over U.S. operations for the British Broadcasting Corporation. — Currently the chief executive of the digital media studio Next New Networks, Mr. Scannell has been appointed the president …

Discussion: Deadline.com, paidContent, Multichannel, Guardian, TheWrap.com and Company Town

Gina Chen / Nieman Journalism Lab:

Step aside, brand loyalty; we're loyal to information now — The Pew Research Center released an interesting study last week that offers some sobering — if unsurprising — insights for the news business. — Researchers examined top news stories in the mainstream press as well as what news got traction on blogs, Twitter and YouTube.

Discussion: AdPulp

Richard Sandomir / New York Times:

Big Lead, Blog That Found Sports News and Gossip Sells, Is Bought — The Big Lead, an independent blog that Jason McIntyre began as a hobby, is fixated on sports media, news and gossip. Along the way, it has built a devoted, if not huge, social media following.

Discussion: paidContent, Romenesko, WebNewser, Inc.com and The Big Lead

Ryan Lawler / NewTeeVee:

ABC's Potential Online Subscription Service — Who Wins and Who Loses — ABC may be considering rolling out an online subscription service soon, based on a consumer survey that was unearthed by Engadget. The survey, which details the possible terms of the subscription service …

Discussion: NetNewsCheck Latest

Robin Wauters / TechCrunch:

Sonic Solutions To Acquire DivX In $323 Million Deal — Sonic Solutions and DivX, both listed on Nasdaq, this morning announced that they are to become one. Under the terms of the agreement, Sonic would acquire all the outstanding shares of DivX and merge DivX operations into those of Sonic.

Discussion: PR Newswire, Online Video News, Fast Company, paidContent and VentureBeat

Russell Adams / Wall Street Journal:

Single Magazine Seeks Well-Heeled Partners — The courtship was smooth. Glamour magazine approached dating site Match.com and within weeks they were readying the launch of Glamour Matchmaker, a dating service featuring men selected by the magazine's staff from the sea of singles on Match.com.

Discussion: paidContent, eMedia Vitals and Jezebel

Peter Kirwan / Media Money:

Best case scenario: editors to start hiring by Christmas — If anything stops the cuts, and prompts new hiring, it's going to be advertising (not slowly declining circulation revenues). Or as Peter Williams, the finance director at DMGT, put it last week: “Advertising is probably the thing …

Staci D. Kramer / paidContent:

Pittman Invests In Another Newsletter: GeekChicDaily — Robert Pittman is investing an undisclosed amount in pop culture e-mail newsletter and blog GeekChicDaily, Pittman already has a track record with newsletter investments, scoring when DailyCandy sold to Comast last year for a $120 million.

Discussion: TechCrunch and VentureBeat

Steve Krakauer / Mediaite:

Donny Deutsch Is Back On MSNBC (For Real This Time) - Tomorrow And More — After more than six weeks off the air, Donny Deutsch will return to MSNBC tomorrow as co-host of Morning Joe. — But that's not all - look for Deutsch on MSNBC a lot more in the near future.

Discussion: The Wire and TVNewser

Jon Slattery:

Times editor quits NUJ after job cuts complaint — James Harding, editor of The Times, has resigned from the NUJ after being subject to a union complaint over the way job cuts were handled at the paper, the union revealed today. — The NUJ said Harding, who had been a member of the NUJ for 16 years …

Discussion: Guardian and Press Gazette

Will Richmond / VideoNuze:

Mobile Video Ad Network Transpera Raises $9 Million — Mobile video ad network Transpera is announcing this morning that it has raised a Series C round of $9 million, led by BlackBerry Partners Fund, with participation from existing investors Flybridge Capital Partners, First Round Capital, Intel Capital and Labrador Ventures.

Discussion: Market Wire, VentureBeat and TechCrunch

Michele McLellan / Knight Digital Media Center …:

Local online publishers: Bloggers no more — A survey conducted as part of my Reynolds Journalism Institute fellowship confirms that local news sites that mix content from professional journalists with contributions from volunteers and users are getting traction in many communities.

Discussion: George Brock