Mediagazer: How AOL's Patch Can Win And Prove Us Wrong When We Say It's A Horrible, Doomed Idea (Nicholas Carlson/The Business Insider)

9:10 AM ET, March 4, 2011

Top News:

Nicholas Carlson / The Business Insider:

How AOL's Patch Can Win And Prove Us Wrong When We Say It's A Horrible, Doomed Idea — AOL CEO Tim Armstrong's whole turnaround plan is to take cash flow from the company's dying subscriber business, and make big bets on content businesses. — As a framework, this is a good plan.

Discussion: SAI and Poynter

Lacey Rose / Hollywood Reporter:
CEO Tim Armstrong, Arianna Huffington Reveal AOL's Ambitious Hollywood Strategy

Discussion: GigaOM

Steve Buttry / The Buttry Diary:

TBD made has made mistakes, but we understand our community(ies) — It is against my nature to hold my tongue. Or my keyboard. — I have refrained from saying much publicly about the recent cutbacks at TBD because ... well, because. The reasons are complicated and I still work here.

Bill Reader / E.W. Scripps School of Journalism:
TBD is CTD: The fast rise and fall of a CJ startup

Discussion: Poynter

Thomas Catan / Wall Street Journal:

Web Video Rivalry Sparks U.S. Probe — The Justice Department is investigating whether a group representing some top technology firms is unfairly trying to smother a free rival technology for delivering online video that is backed by Google Inc., according to people familiar with the matter.

Discussion: CNET News, paidContent, Guardian and Post Tech, more at Techmeme »

David Kaplan / paidContent:

@ pC2011: Denton: The Internet Is A Mass Medium, Not A Niche One — In a very amiable dialogue about the nature of “internet success,” Gawker founderNick Denton told Reuters' finance blogger Felix Salmon that revenues were expected to be flat this year. Though Salmon floated a number ("It's about $2 million a month, right?")

Discussion: Between the Lines Blog, The Wrap, Felix Salmon, Beet.TV and Soup, more at Techmeme »

Joe Pompeo / Yahoo! News:
Gawker Media traffic down 25 percent since redesign

Discussion: eMedia Vitals, The Wrap and The Wire

David Kaplan / paidContent:

@ pC2011: Keith Olbermann: I'm Not Crazy For Joining Current Media — So here's the deal Current TV has for its new chief news officer: Keith Olbermann, who in addition to crafting the behind the scenes content for the cable channel will be back in his old 8pm time slot this summer, gets to say whatever he wants.

Discussion: The Wire, Mixed Media, The Wrap, Yahoo! News and FOK News Channel

Andy Plesser / Beet.TV:

Current TV Building New York Studio For Keith Olbermann Show — As it readies the debut of the Keith Olbermann show, Current TV is building a studio in Manhattan, says co-founder Joel Hyatt in this interview with Beet.TV — Hyatt says that the studio will have additional uses beyond the Olbermann show …

Bloomberg:

Murdoch's News Corp. May Have to Pay $17.4 Billion for Its BSkyB Purchase — Rupert Murdoch's News Corp. (NWSA) may have to raise its bid for British Sky Broadcasting Plc to as much as 10.7 billion pounds ($17.4 billion) to win over the pay- television operator's shareholders.

Discussion: Guardian, Guardian and Company Town

Joe Pompeo / Yahoo! News:

Downloads for The Daily are in ‘hundreds of thousands’ — News Corp's iPad-only newspaper, The Daily, has endured a fair amount of taunting since it launched on Feb. 2. But how is it actually doing in terms of downloads? — “It's going great,” said Daily publisher Greg Clayman in a rushed …

Jay Rosen / Pressthink:

Why “Bloggers vs. Journalists” is Still With Us — A pre-conference post. Ideas in motion. These are notes in preparation for my talk at South by Southwest in Austin next week. You can help me make it better! — I am going to be doing a solo presentation at South by Southwest in Austin this year.

Discussion: Poynter

Journalism.org:

BLOGGERS TAKE SIDES IN THE WISCONSIN STANDOFF — For the second straight week, social and mainstream media shared similar news agendas as the labor stalemate in Wisconsin and the violent unrest in Libya garnered the most attention. But while the traditional press focused more on the events …

Discussion: Poynter and WebNewser

Lauren Indvik / Mashable!:

5 Fresh Digital Media Trends to Watch — The Modern Media Agency Series is supported by IDG. The line is fading between social media and traditional media. IDG's Matt Yorke talks about the rise of social and how IDG helps marketers create social campaigns. Read more.

James Wolcott / Vanity Fair:

It's Morgan In America — Where did Piers Morgan come from? And is there any way to send him back? Reviewing the debut “gets”—Oprah! Rudy! Condoleezza!—of Larry King's blustery British heir, the author examines the failures behind Morgan's success. — If you're going to go in, go in big.

David Kaplan / paidContent:

Plum TV's Lehman Named NBCU's President, Digital Networks — Nicholas Lehman, formerly CEO of lifestyle Plum TV, has joined NBC Universal (NSDQ: CMCSA) as president of Digital for NBCUniversal's Entertainment & Digital Networks and Integrated Media division (E&DN/IM).

Discussion: MediaMemo

David Kaplan / paidContent:
@ pC2011: Zalaznick: Don't Blame Hulu For Lack Of Cable Programming Streams

Discussion: Techland and Broadcasting & Cable

Edmund Lee / AdAge:

Randall Rothenberg Talks About Coming Back to IAB — And What He Found at Time Inc. — At the Interactive Advertising Bureau's conference on Feb. 28, Randall Rothenberg could barely get a bite or a word out before someone in attendance came up to quickly offer thanks for his return.

Discussion: Poynter