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5:45 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 …
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.
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
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
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 …
Newsosaur / Reflections of a Newsosaur:
Not all content is king on Wall Street  —  While journalists and other media types like to think professionally produced content is king, our friends in the financial community apparently don't agree.  —  Recent deals like the Facebook financing, the Demand Media IPO and the Huffington Post sale show …
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 …
Discussion: Lost Remote
The Wrap:
The Nikki Finke Photo: The Daily vs. Deadline  —  Since last Thursday, the little-seen blogger Nikki Finke has been hunkered down in a war of attrition with News Corporation over the thing that she apparently fears more than anything on earth: a current photograph.
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
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 …
Damon Kiesow / Poynter:
Boston Globe's augmented reality project an example of quick, cheap innovation  —  Augmented reality is still a foreign concept for most journalists, but The Boston Globe showed last weekend that “AR” can be done quickly and cheaply, making it an experiment worth trying in any newsroom.
Ben Popper / New York Observer:
AdKeeper CEO Scott Kurnit Says Every Day Can Be Super Bowl Sunday ... For Ads  —  It's okay, you can admit it, you love ads.  It's just human nature.  —  So says Scott Kurnit, CEO of AdKeeper, in a lengthy op-ed in All Things Digital today.  —  AdKeeper is a New York startup that plans …
 
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 More News: 
Greg Masters / American Journalism Review:
“Verve and Attitude”
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
 Earlier Picks: 
Danny Sullivan / Search Engine Land:
Biz Stone: Twitter Drives “Let's Watch It When It's On” Viewing
Daniel D'Addario / New York Observer:
Gladwell Book Generator Reaches the Tipping Point
Matt Brian / The Next Web:
Why has Gawker disappeared from Google News? [Updated]
Discussion: isolani: weblog, The Wire and The Awl
Danny Sullivan / Search Engine Land:
Mahalo's Calacanis: Time To End The Content Farm Arms Race
Discussion: Adam Sherk, SAI and Search Engine Land
Dan Morrison / CJR:
Reporting Lessons for the Next Revolution
Josh Kalven / CJR:
Stock, Flow, and My Entrepreneurial Origin Story
Marshall Kirkpatrick / ReadWriteWeb:
Techmeme Opens the Door to Twitter Commentary by Select People
Discussion: Podcasting News