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4:35 PM ET, February 9, 2011

Mediagazer

 Top News: 
Tim Rutten / Los Angeles Times:
AOL ♥ HuffPo.  The loser?  Journalism  —  To grasp the Huffington Post's business model, picture a galley rowed by slaves and commanded by pirates.  —  Whatever the ultimate impact of AOL's $315-million acquisition of the Huffington Post on the new-media landscape …
RELATED:
Mathew Ingram / GigaOM:
Why Didn't a Newspaper Create The Huffington Post?  —  Amid all the discussion about whether AOL overpaid for The Huffington Post, how much founder Arianna Huffington made from the deal, and whether the kind of search-engine optimization the site does is losing its relevance …
New York Post:
AOL stock sheds $315M — HuffPo price tag  —  You pay for what you get.  —  Arianna Huffington and Ken Lerer, co-founders of the Huffington Post, are said to be walking away with a combined $80 million to $100 million from an original $2 million per person investment — but so far AOL stockholders aren't seeing that kind of return.
Associated Press:
Newspaper stocks jump on content hopes  —  Newspaper stocks jump after AOL deal shows content still matters  —  Related Quotes … NEW YORK (AP) — Newspaper stocks jumped Monday after AOL agreed to buy online news site Huffington Post for $315 million, the latest in a string of deals …
Matt Welch / Reason:
Arianna Huffington, Slavemaster?  —  Tim Rutten, the L.A. Times media critic/columnist, has reacted to the AOL/Huffington Post merger with the kind of race-to-the-journalistic-bottom wail that only an overpaid newspaper lifer can really air out.  In the process he gets some key things wrong in a way that I think has broader interest.
Post Now:
WJLA to take over TBD.com  —  This story has been updated.  —  Allbritton Communications will reorganize its fledgling local news site, TBD.com, by naming a new boss for the operation, and restoring the Newschannel 8 name to the cable TV station it rebranded as TBD TV last summer, Paul Farhi reports.
RELATED:
Megan Garber / Nieman Journalism Lab:
Wait, everyone!  TBD's not dead, but changes coming with TV takeover  —  Big news for TBD today: The site, the Washington Post reported, is being taken over by owner Allbritton Communications' TV station, WJLA.  (On its six-month birthday, no less.)  —  This seemed, at first blush, dire news.
Howard Kurtz / The Daily Beast:
CBS Wants Contract Extension for Katie Couric  —  The network, which is shaking up its management, has asked anchor Katie Couric to stay on through the 2012 elections—for significantly less money than her original $15 million deal, a source tells Howard Kurtz.
RELATED:
Andrea Morabito / Broadcasting & Cable:
New CBS News Chair: 'I Don't Know Whether' Couric Wants To Stay  —  Jeff Fager says splitting news and sports jobs represents a recommitment to news by the network  —  On the day his new position as Chairman of CBS News was announced, Jeff Fager says he doesn't know yet whether Katie Couric wants …
Peter Kafka / MediaMemo:
Time Inc. Gets the Tablet Magazine Subscriptions It Wants-With HP  —  Time Inc., which has been unable to come to terms with Apple over subscriptions for digitized magazines, has found a company it can work with: Hewlett-Packard.  —  HP has agreed to let Time Warner's publishing unit provide subscriptions …
RELATED:
Staci D. Kramer / paidContent:   Time Inc's Rothenberg: No ‘One-Size-Fits-All Model’ For Subscriptions; HP Up First
Media Decoder:
For Current TV, Adding Olbermann Is Way to Gain an Identity  —  The small cable channel Current TV hopes that Keith Olbermann can do for it what he did for MSNBC: give it a clear identity.  —  The channel, co-founded by Al Gore five years ago, said Tuesday that Mr. Olbermann would start producing …
RELATED:
Andrea Morabito / Broadcasting & Cable:
Upfronts 2011: Current TV Positions Itself as ‘Real’ Reality Network
Dan Sabbagh / Guardian:
Rupert Murdoch's News Corp closes in on daughter's Shine Television  —  Key meetings due in coming days to consider takeover of Elisabeth Murdoch's London-based company  —  Rupert Murdoch's News Corp is closing in on the takeover of his daughter's Shine Television - the £300m-plus …
Peter Kafka / MediaMemo:
Local TV News + Twitter's Talking Heads = NBC's “The 20″  —  If you're reading this, there are decent odds you don't watch your local TV news broadcast.  Would you be any more inclined if it featured a dollop of Twitter?  —  NBC will find out.  Its Local Media unit …
Danny Sullivan / Search Engine Land:
Mahalo's Calacanis: Time To End The Content Farm Arms Race  —  No stranger to controversy, Mahalo CEO Jason Calacanis threw down a gauntlet at his “content farm” competitors, arguing they're polluting the web and angering Google, to the detriment of searchers and their own companies.
Discussion: Adam Sherk and SAI, more at Techmeme »
RELATED:
Danny Sullivan / Search Engine Land:   Demand Media & Being “The Best Click” On Google
Jay A. Fernandez / Hollywood Reporter:
GeekDad Blog and Books to Be Adapted for Film, TV (Exclusive) … Michael J. Gaeta and Alison Rosenzweig of Gaeta/Rosenzweig Films have picked up rights to the GeekDad brand, which they plan to develop into film and TV projects.  —  What began as a popular blog on the Wired website devoted …
Ronald Grover / Bloomberg:
News Corp.'s Fox Says It May Drop Stations in Dispute Over Fees  —  News Corp.'s Fox network said it may drop some affiliates if the local TV stations are unwilling to pay a program fee sought by the broadcaster.  —  Without an agreement on a new fee schedule, Fox “will have to pursue …
Discussion: Online Video News
 
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 More News: 
Adam Hochberg / Poynter:
Maddow, MSNBC chase ‘two-screen viewers’ to increase engagement, ratings
Brent Lang / The Wrap:
GOP Proposes Ending Corp. for Public Broadcasting Funding
Martin Bryant / The Next Web:
Cleeng launches a simple, social alternative to paywalls
Discussion: New York Observer
Greg Sandoval / CNET News:
Porn studio could teach Apple, Google about cloud
Robert Andrews / paidContent:
Future Says Online Growth Now Off-Setting Print Shrinkage
Daniel Danker / BBC:
BBC iPlayer apps, coming soon to Android and iPad
Steve Myers / Poynter:
Charlotte Observer shows how news orgs should mix journalism and business
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Nikki Usher / Nieman Journalism Lab:
How Egypt's uprising is helping redefine the idea of a “media event”
Discussion: TVNewser, BBC and Future of Journalism
 

 
From Techmeme:

Lee-Anne Mulholland / The Keyword:
Google files its proposed remedies in the DOJ's search antitrust lawsuit, including letting browser companies have multiple default agreements across platforms

Andrew J. Hawkins / The Verge:
The US NHTSA suggests easing rules allowing for fully driverless cars and urges companies operating driverless cars to share more data for greater transparency

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing
 
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