Mediagazer: Warner Music Plan: Buy or Be Bought (DealBook)

11:00 AM ET, January 21, 2011

Top News:

Eric Schmidt / The Official Google Blog:

An update from the Chairman — When I joined Google in 2001 I never imagined—even in my wildest dreams—that we would get as far, as fast as we have today. Search has quite literally changed people's lives—increasing the collective sum of the world's knowledge and revolutionizing advertising in the process.

Discussion: Google Investor Relations, Wall Street Journal, VentureBeat, The New Yorker Blog, virtualeconomics, BBC, New York Times, TechCrunch, GigaOM, SAI, New Yorker, The Daily Beast, Newsbook, Mashable!, Most Recent Home Page Posts …, Mercury News, paidContent, paidContent, All Facebook, Gizmodo, Techland, L.A. Times Tech Blog, Search Engine Land, Andy Beal's Marketing Pilgrim, Between the Lines Blog, The Atlantic Online, AdExchanger.com, USA Today, digiday:DAILY, Washington Post, The Consumerist, Felix Salmon, The Wrap, 901am, CNET News, PE Hub Blog, The Next Web, Epicenter, PSFK, AOL News, New York Magazine, Fortune, Financial Times, PhoneArena, Engadget, Globe and Mail, Relevant Results, Screenwerk, Electronista, Poynter, MediaMemo, AdAge, TechEye, Venture Capital Dispatch, The Register, Faster Forward, Guardian, Tech Daily Dose, Future of Journalism, This Just In, VatorNews, Yahoo! News, Fast Company, Neowin.net, Tech Trader Daily, New York Observer, MacRumors, @romenesko, Runnin' Scared, Google Operating System, MediaMemo, ReadWriteWeb and Daring Fireball, more at Techmeme »

Eric Schmidt / @ericschmidt:

Day-to-day adult supervision no longer needed! http://goo.gl/zC89p

MG Siegler / TechCrunch:
Big Bang At Google: Larry Page To Replace Eric Schmidt As CEO On April 4

Discussion: paidContent, NetworkEffect, BuzzMachine, mediabistro.com, SAI, MediaPost, MediaNama, Associated Press, Online Video News and parislemon, more at Techmeme »

Brett Pulley / Bloomberg:

NY Times to Charge Less Than $20/Month for Web Access — New York Times Co. will charge readers less than $20 a month for full access to its namesake newspaper on the Web when the company introduces its paid service, a person familiar with the matter said. — The price has been set at less …

Discussion: Guardian, Editors Weblog, Mashable!, eMedia Vitals, Chickaboomer, Gizmodo, Screenwerk, @pkafka, paidContent, Yahoo! News, WebNewser, New York Observer, @romenesko, The Wire and NYConvergence.com

Casey Ross / Boston Globe:

Taylors back local bid to buy Globe — Former executives offer funds, advice — A Wellesley businessman who wants to buy The Boston Globe has gained financial backing from two members of the Taylor family, which owned and published the newspaper for generations.

Discussion: Poynter and Media Nation

Martin Langeveld / Nieman Journalism Lab:

The shakeup at MediaNews: Why it could be the leadup to a massive newspaper consolidation — Editor's Note: Our regular contributor Martin Langeveld spent 13 years as a publisher in MediaNews Group. That gives him an inside perspective on the company's bankruptcy filing and its leadership shakeup, which he shares with us here.

Discussion: Newspaper Death Watch, @jeffjarvis and @jayrosen_nyu

DealBook:

Warner Music Plan: Buy or Be Bought — Updated — Warner Music Group, one of the four major record companies, has hired the investment bank Goldman Sachs to seek out potential buyers for the company, a process that will play out while Warner continues to explore buying the beleaguered British music giant EMI.

Discussion: Guardian, MediaMemo, CNNMoney Tech Tumblr, Globe and Mail, hypebot, CNET News, Media Decoder, @katierosman and Electronista

New York Post:

Newsmax Media finds its Coz — Former American Media Ed itorial Director Steve Coz has landed at the fast-growing Newsmax Media as editorial director. — The company, which lost out in the bidding for Newsweek last year in part because of its conservative leanings, is among the few media companies …

Discussion: Mediaite, FishbowlNY and Poynter

Lindsay Powers / Hollywood Reporter:

EXCLUSIVE: Taco Bell Pulls Ads From MTV's ‘Skins’ Over Racy Content … Taco Bell has pulled its ads off Skins after the Parents Television Council urged a boycott. — Spokesperson Rob Poetsch tells The Hollywood Reporter, “We advertise on a variety of MTV programs that reach our core demographic …

Discussion: NY Daily News, @matt_creamer, @natives, TMZ.com and New York Observer

Brian Stelter / New York Times:
A Racy Show With Teenagers Steps Back From a Boundary

Alexia Tsotsis / TechCrunch:

This Article Explains “This Article Is A Must Read.” — Many of you have asked for a post revealing the story behind this post. (Warning: Don't click if you're easily angered. And please don't read any further if you hate inside baseball stories). — This morning Mike wrote something called …

Brooks / SPORTSbyBROOKS:

Sporting News Paid AOL Millions To Drop Fanhouse — Last Thursday I reported on the essential elimination of AOL Fanhouse, with the Fanhouse brand being folded into a Sporting News portal that AOL CEO Tim Armstrong elected to install as its website's new sports content provider.

Discussion: Poynter and Fast Company

Matt Wells / Guardian:

Andy Coulson resigns over phone-hack claims — Andy Coulson, David Cameron's director of communications, has quit in the wake of the latest phone-hacking revelations. — Read a summary of events so far — 3.38pm: While you've been busy reading this live blog, my colleagues have been hard at work on background pieces.

Discussion: BBC, Press Gazette, Guardian, Yahoo! News, Gawker, Journalism.co.uk, blogs.telegraph.co.uk, The Wire, Guardian, New York Times, openDemocracy, New York Magazine and Jon Slattery

Daniel Bachhuber / Daniel Bachhuber's weblog:

Universities as hubs of journalistic activity — In the first Carnival of Journalism of the new year, David Cohn asks: How do we increase the role of higher education as hubs of journalistic activity? — First, the why. Educational institutions often have long-standing ties to a local community …

Nellie Andreeva / Deadline.com:

ABC Moves ‘Jimmy Kimmel Live’ To Midnight, Shortens ‘Nightline’ — ABC has confirmed long-running speculation that as part of Jimmy Kimmel's new two-year deal with ABC, the comedian had asked for his latenight talk show on the network to be moved up from 12:05 AM to midnight.

Discussion: Cinema Blend Feeds, Chickaboomer and TVbytheNumbers

Craig Silverman / Regret the Error:

Bulls**t Detection 101: Why universities need to teach the new literacy — This post is part of the Carnival of Journalism, a project that gathers together a diverse group of bloggers to tackle a specific topic. Here's the current topic: … I'm going to focus on the recommendation to integrate digital and media literacy.

Discussion: Reportr.net, One Man & His Blog, J-School and AndyDickinson.net

Mathew Ingram / GigaOM:

For Media Co's, Facebook Should Be About Community, Not Ads — It's not just iPad apps and paywalls that are confounding traditional media — there's plenty of evidence that many don't really get Facebook or Twitter much either, despite the fact that both have been around for years now …

Discussion: The Wrap

Andrew Piccone / The Awl:

Sheila McClear, ‘New York Post’ Features Writer — Tell me about your job. — I write features which are anything that's not hard news—longer form articles that aren't attached to the news cycle. Things that might be more in the cultural ether, maybe profiles of people, or stuff like that.

Courtney Boyd Myers / The Next Web:

Techmeme and Mediagazer will now include Tweets as headlines — Techmeme founder Gabe Rivera and Mediagazer founder Megan McCarthy announced today, on Twitter, that they both news aggregation sites will be including Tweets as headlines going forward. — In July of last year …

Discussion: Epicenter, ReadWriteWeb, @manusalah, VentureBeat and @mikepilarz