Top News:
Joe Pompeo / The Wire:
Time Warner CEO Talks Up Conan, iPad Apps, Broadband HBO On Demand — On a conference call this morning, Time Warner CEO Jeff Bewkes talked up the “strong ad uptick” that helped boost his company's second quarter profits to $562 million, up 7% from $524 million a year earlier …
Discussion:
AdAge, Variety, paidContent, The Wrap, Crain's New York Business and Company Town
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Peter Kafka / MediaMemo:
iPad Apps Are Fun! But Boring Old Magazines Are Still Big Business For Time Inc. — iPad apps are fun to talk about. They may even but the future of the magazine business! But for now, magazine publishing is still a print and ink proposition, and that's not necessarily a terrible thing.
Discussion:
Digits and paidContent
John Koblin / New York Observer:
The Savior of Condé Nast: Scott Dadich Is The New It Boy of the Mag World — Someday, when they tell the story of how digital magazines saved Conde Nast, it will begin in San Francisco's Caffé Centro sometime in May 2009. — It was there that Wired creative director Scott …
Discussion:
FishbowlNY, Crain's New York Business, MediaMemo, Romenesko, MediaPost, paidContent and New York Magazine
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John Koblin / New York Observer:
Conde Nast Hires Joe Simon to New Executive Tech Position
Conde Nast Hires Joe Simon to New Executive Tech Position
Discussion:
Silicon Alley Insider and Runnin' Scared
Brian Womack / Bloomberg:
Facebook Advertisers Boost Spending 10-Fold, Sandberg Says — Facebook Inc.'s biggest advertisers have boosted spending by at least 10-fold in the past year as the social network crossed the half- billion user mark, becoming more alluring to marketers that want to reach a broad online audience.
Discussion:
TechCrunch, Voices on All Things Digital, Media Buyer Planner and Noted, more at Techmeme »
Rebecca Dana / The Daily Beast:
Newsweek's Hidden Problem — Not only is Newsweek's new owner new to the media world, the money-losing magazine is holding on to the CEO who devised its business strategy. Plus, view the confidential memo obtained by The Daily Beast. — As 91-year-old radio magnate Sidney Harman begins …
Discussion:
Los Angeles Times, The Politico, DailyFinance, On Media's Blog, eMedia Vitals and Silicon Alley Insider
Mathew Ingram / GigaOM:
AOL Earnings Train Wreck Driven By Bebo and Ad Revenue Shortfall — After warning analysts that its financial results for the latest quarter would be disappointing, AOL couldn't even manage to hit those lowered expectations, thanks in part to a $1.4 billion writedown on assets — primarily Bebo …
Discussion:
AdAge, AOL Corp and MediaPost, more at Techmeme »
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Tim Carmody / Snarkmarket:
The generative web event — Last week, a bunch of digital humanists got together at the Center for History and New Media to make a new tech tool that the broader academic AND nonacademic communities could use for their work. The catch: they had to conceive, design, and ship the thing in JUST one week.
Keith J. Kelly / New York Post:
Down-town & country — CondÉ Nast didn't win over any employees as friends when it formally announced yesterday that it is in “active discussions” with the Durst Organization and the Port Authority of New York to move into 1 World Trade Center by 2014, vacating its current headquarters at 4 Times Square.
Discussion:
WWD, New York Observer, Gawker, MinOnline, Gothamist and New York Times
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Simon Dumenco / AdAge:
Boy, Could the Former Editor of Maxim Ever Tell You Some Stories — Q&A With Keith Blanchard, Now of Story Worldwide — For this latest edition of Dumenco's Media People — an ongoing series of conversations with media grandees — I interviewed longtime print guy Keith Blanchard …
Discussion:
FishbowlNY and Romenesko
The Huffington Post:
Michael Hastings, Reporter Whose Rolling Stone Article Felled McChrystal, Denied Afghan Embed — WASHINGTON — The author of the Rolling Stone article that ended the military career of Gen. Stanley McChrystal, the former top commander in Afghanistan, has been denied permission …
Wall Street Journal:
On the Web's Cutting Edge, Anonymity in Name Only — You may not know a company called [x+1] Inc., but it may well know a lot about you. — From a single click on a web site, [x+1] correctly identified Carrie Isaac as a young Colorado Springs parent who lives on about $50,000 a year, shops at Wal-Mart and rents kids' videos.
Discussion:
Stephen Baker, Deal Journal and Voices on All Things Digital
Robin Wauters / TechCrunch:
Forbes Sells Investopedia To ValueClick In $42 Million Deal — Online marketing services company ValueClick is buying financial information and investing education website Investopedia from Forbes for approximately $42 million in cash. — The reasons for the purchase: content, traffic …
Discussion:
Business Wire, paidContent and DailyFinance, more at Techmeme »
Jemima Kiss / Guardian:
Murdoch: Tablets are the future for News Corp — Rupert Murdoch was cosying up to Apple again today as he spoke at a media debate in Sydney earlier today, saying tablets are “a perfect platform” for cheap, convenient and up-to-date News Corp content. — News Corp has “tens of thousands of readers” …
Discussion:
The Wrap, paidContent, MediaMemo, Press Gazette, TeleRead, Garcia Media, Gawker, MediaPost, Silicon Alley Insider, Poynter Online and TheAustralian
John Cook / Yahoo! News:
Federal records show CNN, Chicago Tribune hosted active-duty Marines as interns — Much has been made of the media's practice of “embedding” reporters in military units, allowing them to file immersive reports on the wars in Iraq and Afghanistan while under the total care and control …
Los Angeles Times:
On the Media: Struggling KCET examines its options — The public TV station might form a consortium with other area PBS affiliates, sell its studios or even leave the network to improve its financial fortunes, programming slate and public profile. — ByJames Rainey
Discussion:
Show Tracker, TVWeek.com and L.A. NOW
Joseph Plambeck / New York Times:
Content to Connect Brands With the Hip Crowd — VICE is happy to be known as a hipster media company. From its headquarters in a former warehouse in the Williamsburg section of Brooklyn, the company oversees magazines covering youth culture in 23 editions distributed in 26 countries, an online television network and a record label.
Nielsen Wire:
Report: How People Watch - The Global State of Video Consumption — Video consumption across multiple platforms is now a global phenomenon. Consumers in all regions are proving their insatiable appetite for video information and entertainment - thus far adding screens to their media mix, not replacing them.
Discussion:
rbr.com
Patrick Gavin / The Politico:
WHY BRISTOL WENT TO PEOPLE — As the Bristol Palin and Levi Johnston relationship drama has unfolded in the public spotlight, especially in the past few months, People and Us Magazine have duked it out for exclusive interviews and scoops on the Alaskan couple. — People reported on July 26 that Bristol was “taking Levi Back.”
Discussion:
On Media's Blog and Indecision Forever
Joseph Frydl / AdAge:
How HSN and ‘Eat Pray Love’ Turn Content Into Commerce — Shopping Network's Promotion of Upcoming Julia Roberts Film Offers Marketers Lessons in Branded Entertainment — The business of marketing and the business of entertainment are fundamentally about the same thing: Turning audience attention into commerce.
Lauren Goode / Digits:
Groupon Moves Into TV Land, Does Deals With Top Chefs — Groupon.com, a website that offers local daily deals through group coupons, is teaming up with restaurants owned by Top Chef contestants from the show on the Bravo TV network. — From August 4 through August 8 …
Daniel Lyons / Newsweek:
It's All About the Web — To hear Dan Abrams tell it, the TV business is about to be radically disrupted by the Internet, just as the print media business has been. And he's dying to be a part of the disruption. “In five years, anyone who is not actively involved in the Web is not in media …
Discussion:
Mediaite, Gawker and New York Magazine