Mediagazer: Exclusive: With Eye on IPO, Glam Buys Sportsgenic to Build Out Ad Platform (Peter Kafka/MediaMemo)

4:45 AM ET, July 24, 2010

Top News:

Jeremy W. Peters / Media Decoder:

In Big Condé Nast Shift, Sauerberg Becomes President; Townsend Remains Chief — Condé Nast announced on Friday that it is splitting the job of its chief executive officer and president in two, the latest in a series of high-level management reshuffling that has shaken the magazine publishing world's crown jewel.

Discussion: AdAge, New York Observer, Romenesko, MediaPost, The Wire, MinOnline, Crain's New York Business, FishbowlNY, paidContent, The Wrap, The Huffington Post and WWD Media Headlines

Jeremy W. Peters / Media Decoder:

No Longer Business As Usual, Condé's Townsend Says — The management shifts at Condé Nast today, the end result of a six-month study by corporate efficiency experts McKinsey & Co., signaled a fundamental restructuring of the advertising-based business model that has long sustained the company.

Discussion: Folio

James Rainey / Los Angeles Times:

On the Media: Even when in error, Andrew Breitbart is on the attack — The conservative agitator didn't bother to vet the video that damaged Shirley Sherrod's character, yet he's unapologetic. — Short of announcing the discovery of a zero-calorie potato or juggling piglets at the state fair …

Discussion: New York Times, Vanity Fair, The Nation and Little Green Footballs

David Kravets / Threat Level:

Newspaper Chain's New Business Plan: Copyright Suits — Steve Gibson has a plan to save the media world's financial crisis — and it's not the iPad. — Borrowing a page from patent trolls, the CEO of fledgling Las Vegas-based Righthaven has begun buying out the copyrights to newspaper content …

Discussion: Techdirt and Bookninja

Zeke Turner / New York Observer:

Pitch and Pass! Michael Hastings Took his General McChrystal Piece to ‘GQ’ First — Rolling Stone owned the media world for one week in June, when the magazine published Michael Hastings' profile of General Stanley McChrystal. The piece instantly became national news when it hit the web on Tuesday …

Discussion: FishbowlNY, Mediaite and Romenesko

Nat Ives / AdAge:

Can Relentless LeBron James Coverage Sell a New National Sports Magazine? — Sports Lifestyle Title From Founders of The Source Will Include 20 Pages of Heat Coverage Every Issue — NEW YORK (AdAge.com) — The Miami-based founders of The Source and Hip Hop Weekly are betting that LeBron James …

Discussion: Variety

Leon Neyfakh / New York Observer:

Tumblr Will Pay Their Intern — Tumblr outreach director Meaghan O'Connell just posted to the site's staff page advertising an internship with the company. The job sounds like a combination of PR and marketing. Weirdly, Ms. O'Connell jokes in the post that in order to qualify you must …

Discussion: Tumblr Staff

Jennifer Saba / Reuters:

Ad bounce gives relief to U.S. newspapers, for now — * New York Times, others, also show rebound in ad sales — * Publishers shares remain depressed; recovery doubts — * Worries center on easy 2009 comparisons — Advertising sales at newspapers finally rebounded in the second quarter …

Yinka Adegoke / MediaFile:

Telcos are winning the cable TV battle but are they losing the broadband war? — The latest quarterly numbers from AT&T and Verizon Communications points to steady addition of TV customers which they are very likely winning from the cable companies as well as satellite players.

Discussion: Reuters

Hipstomp / Core77:

Recycled newspapers for interior design lets you read between the walls — Newsworthy is the name Weitzner Limited's rather amazing wallcovering made from, you guessed it, recycled newspapers. … Maintenance-wise it can be vacuumed off for cleaning, but like real newspapers …

Nicholas Carlson / Silicon Alley Insider:

Why Do Sports Reporters Give Away Their Scoops On Twitter? — Major League Baseball's annual trade deadline is approaching once again, and that means sports reporters nationwide are jockeying for scoops big and small on baseball's 32 teams. — But here is what's weird …

Alan Greenblatt / NPR:

Journalism Legend Daniel Schorr Dies At 93 — This graphic requires version 9 or higher of the Adobe Flash Player.Get the latest Flash Player. — Gallery: Daniel Schorr — Daniel Schorr, a longtime senior news analyst for NPR and a veteran Washington journalist who broke major stories …

Discussion: TVNewser, New York Times, Mediaite, rbr.com, Romenesko, Guardian, Media Nation, DailyFinance, blogs.tampabay.com, CJR, Current, On Media's Blog, Runnin' Scared, LA Observed, Chickaboomer, Tuned In, Media Law Prof Blog and Online NewsHour

Peter Kafka / MediaMemo:

Exclusive: With Eye on IPO, Glam Buys Sportsgenic to Build Out Ad Platform — With an eye on a public offering, Glam Media is buying Sportsgenic, a sports-oriented ad network. — The purchase price, I'm told, is something in the $12 million to $15 million range, including earnouts provisions.

Discussion: MediaPost, Media News International, paidContent and VentureBeat, more at Techmeme »

MediaShift:

Writers Talk About Working the Hyper-Local Beat — In my first article for our special Beyond Content Farms series, I examined the opportunities available to writers at some of the biggest content farms. Today, I look at jobs covering hyper-local news. — What hyper-local news organizations …

Discussion: eMedia Vitals

Daisy Whitney / The Huffington Post:

Giant Convenience Store Chain Gone Viral: 7-Eleven Web Series Has 2 Million Views — LOS ANGELES — 7-Eleven, the world's largest store chain, is quickly making a name for itself as a marketer that's open to digital experimentation. — On the heels of its popular Farmville integration …

Amy Gahran / Knight Digital Media Center:

Collaboration culture in news: No room for pettiness — In the news business, there's less and less reason to view other news venues primarily as competitors, even if they're in your backyard. These days, all news providers are potential collaborators in the practice and business of journalism …

Robin Wauters / TechCrunch:

Google's New Video Ad Highlights How Content Farms Rule At The Search Game — So yesterday, I notice there's a new article up on Google's main blog, head on over there and see it's merely a post featuring the latest video in the company's Search Stories series, video ads which essentially aim …

Discussion: Dan Blank

Devin Coldewey / CrunchGear:

Amazon strikes sweet exclusive deal - good for them, bad for consumers — Amazon announced today that it had reached an agreement with Andrew Wylie, head of the successful New York agency whose clients include such authors as Oliver Sacks, Salman Rushdie, and Philip Roth …