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11:20 AM ET, September 29, 2010

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 Top News: 
Michael Arrington / TechCrunch:
Why We Sold TechCrunch To AOL, And Where We Go From Here  —  By now you must have heard the news that AOL has acquired us.  Here are videos of the on stage signing of the agreement and an interview with AOL CEO Tim Armstrong immediately afterwards.  —  So how did all this happen?
RELATED:
TechCrunch:
Tim Armstrong: We Got TechCrunch!  —  I'm very pleased to announce that we have acquired TechCrunch.  Details are in the press release below, and I'm sure founder Michael Arrington will have a few words to say as well.  This is a great complement to our continued investment in world class content.
Wall Street Journal:
AOL Shifts Emphasis, Bit by Bit  —  AOL Inc. went on a shopping binge Tuesday, announcing three acquisitions, as it tries to redefine itself as a hub for Internet videos and articles on various trendy topics.  —  Back when it was called America Online, AOL was the first introduction to the Internet for many Americans.
Keith J. Kelly / New York Post:
AOL feels the Crunch
Discussion: ClickZ
Edmund Lee / AdAge:
Why AOL Bought TechCrunch
Michelle Kessler / USA Today:
Ongo gets $12 million in financing  —  Silicon Valley start-up Ongo has announced an initial $12 million round of financing from USA TODAY parent Gannett, The New York Times Co. and The Washington Post Co. Ongo, founded by former eBay veteran Alex Kazim, plans to launch a consumer service …
Discussion: paidContent and Mashable!
RELATED:
Russell Adams / Digits:
New York Times Backs News-Aggregation Software Company
Discussion: New York Observer
Mark Leibovich / New York Times:
Being Glenn Beck  —  Glenn Beck was sprawled out on his office couch a couple of weeks ago, taking — as self-helpers like to say ­— an inventory.  “I think what the country is going through right now is, in a way, what I went through with my alcoholism,” he told me.  “You can either live or die.
Mimi Turner / Hollywood Reporter:
Jeff Bewkes: Beware of Apple, Amazon deals  —  TW chief says low-cost digital giveaways devalue TV fare  —  LONDON — Time Warner boss Jeff Bewkes told British media execs that television is entering a second golden age of creativity and reward but warned against the danger of low-cost digital giveaways.
Discussion: Electronista
Kara Swisher / BoomTown:
First Ben Silverman Online Program-"Ready, Set, Dance!"  -Debuts on Yahoo  —  Yahoo and Electus, the multiplatform content studio headed by former NBC entertainment head Ben Silverman, debuted its first original, branded entertainment programming tonight with “Ready, Set, Dance!”
Jack Shafer / Slate:
Advertisements for Themselves  —  The newspaper industry is likely to hit a 25-percent low in advertising sales this year.  If so, it will end up billing about half of what it billed in its record year of 2005.  —  But the newspaper industry aims to win back those advertisers, of course.
AT Internet Institute:
News websites: Facebook ahead of Twitter in terms of traffic source  —  Social networks are at the heart of breaking news, playing an increasingly essential role in this field.  What level of traffic do social networks such as Facebook and Twitter generate for websites?
Discussion: paidContent:UK and eMedia Vitals
Carol Marie Cropper / NetNewsCheck Latest:
Gilbert: Only 1 In 10 ‘Old Media’ Will Survive  —  DALLAS — Fewer than one in 10 traditional media outlets are likely to survive, Clark Gilbert, president and CEO of a Salt Lake City digital media company, suggested to those gathered at the Local Mobile Advertising Conference here Tuesday.
Discussion: GigaOM Pro
The Official Google Blog:
What does the future of display advertising look like?  —  This afternoon, we gave a keynote address at the Interactive Advertising Bureau's MIXX Conference in New York, entitled “Display 2015: Smart and Sexy.”  —  As you know by now, we're investing significantly to make display advertising better …
John Koblin / New York Observer:
It's Autumn.  Do You Know Where Your Magazine Editors Are?  —  Over the summer, two weeklies announced job searches for two editors.  It's autumn now, and The New York Times Magazine and Newsweek are still on the hunt.  So where do things stand with the two biggest media stories of the moment?
Ryan Tate / Gawker:
Star Tech Writers Spurn AOL for Rupert Murdoch  —  It was looking like News Corp. might lose Wall Street Journal stars Walt Mossberg and Kara Swisher, who host a lucrative conference for the company.  But the pair are staying and swimming in money.  Credit a well-timed overture from AOL.
Discussion: Romenesko and MediaMemo
Alex Alvarez / FishbowlNY:
Newsweek Names Rhona Murphy Global Publisher  —  Chalk up a hire for Newsweek: the weekly news magazine — which will move under new owner Sidney Harman's control this Friday — has tapped Rhona Murphy as its global publisher.  —  Murphy will be in charge of overseeing the publishing operations …
Discussion: Folio
Zachary Roth / CJR:
Media Critic In Chief  —  President Obama used his interview with Rolling Stone to open a new offensive in the White House's verbal war with Fox News.  But he also seemed to be making a more subtle—and more interesting—point.  —  Said the president:
Claire Atkinson / New York Post:
Diller Resigns as Live Nation Chairman  —  Tweet  —  Barry Diller is stepping down as chairman of Live Nation's board as the company struggles to carve out a strategy following a sluggish summer concert season.  —  In a statement, Diller, who is the chief of IAC/Interactive …
Discussion: Hollywood Reporter
Staci D. Kramer / paidContent:
Knight Promises To Cover Journalism Online Costs For Some News Orgs  —  The John S. and James L. Knight Foundation has funded any number of experiments to create sustainable journalism, investing millions of dollars in startups, academics and more.  The latest effort offers …
Discussion: WebNewser
Bloomberg:
Yahoo, RealNetworks Music License Fees Voided by Court  —  Sept. 28 (Bloomberg) — A U.S. appeals court in New York reversed a series of lower-court decisions setting license fees for the Internet companies Yahoo! Inc. and RealNetworks Inc. to stream songs online.
Dan Duray / New York Observer:
Steele Magnolia: The Curbed Founder Takes His Shelter Network National  —  Curbed network founder and president Lockhart Steele insists that the new national version of his flagship site won't be competing with shelter magazines.  —  All the same, one of the fledgling site's …
Discussion: Observer
James Rainey / Los Angeles Times:
On the Media: Republicans on Fox gain valuable face time  —  Candidates hosting shows or being interviewed reach out directly to their base.  —  Silly, silly Tim Pawlenty.  —  The governor of Minnesota visits the flood disaster in the southern end of his state and calls a special session …
Peter Kafka / MediaMemo:
Condé Nast's iPad Apps Are Too Portly.  Blame Adobe.  —  The Wired iPad app has a weight problem.  —  The first one came in at about half a gigabyte of memory, and it hasn't shrunk that much since.  —  And Condé Nast's newest iPad app, from the New Yorker, isn't much better …
 
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AdExchanger:
MediaMath Acquires Another Piece Of Its Cross-Device Puzzle: Tactads  —  There are two general methods for targeting consumers as they flit across desktops and devices: match various online log-ins …
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 More News: 
Andrea Pitzer / Nieman Storyboard:
Michael Jones on heroes, villains and the science of narrative
Lauren Kirchner / CJR:
Money, Volunteers, Money, Patch, and Money
Discussion: RJI, J-Lab and Jen Lee Reeves
Patrick Smith / psmith, journalist:
Say hello to TheMediaBriefing.com: a new algorithm publishing model …
Keach Hagey / On Media's Blog:
Walcott leaves McClatchy for SmartBrief
Discussion: Romenesko
Joseph Tartakoff / paidContent:
Tech Blog Ad Network NetShelter Raises $15 Million
Discussion: WebNewser
Nadine Cheung / TVNewser:
This Just In: MTV Seeks Vice President of Daily News
Discussion: WebNewser
Bill Mitchell / Newspay:
Post-Gazette's Premium PG+ Service Profitable But No ‘Holy Grail’
Discussion: eMedia Vitals and Editors Weblog
Steve Rosenbaum / The Wire:
VCs Are Blowing It And Will Totally Miss The Web Video Revolution
 Earlier Picks: 
Lauren Indvik / Mashable!:
Twitter Shelves @EarlyBird Deals
Discussion: ReadWriteWeb
Maureen O'Connor / Gawker:
Which Tabloids Lie the Most?  —  In the constantly-contradicting world …
Discussion: The Consumerist and Mediaite
Georg Szalai / Hollywood Reporter:
How Ken Jautz plans to boost CNN ratings
Associated Press:
Pioneer Iran blogger sentenced to 19 years prison
Kara Swisher / BoomTown:
Exclusive: Yahoo Exec Churn Continues, With Media Head Pitaro Ready to Bolt
Georg Szalai / Hollywood Reporter:
CBS, NBC upset PBS at News & Doc Emmys
Discussion: TVNewser, Romenesko and TVWeek.com
Sue Zeidler / Reuters:
Disney's ABC looks inside and outside for ABC News chief