Mediagazer: It's Official: Yahoo Is Buying Tumblr For $1.1B, Vows To Keep It Independent (Ingrid Lunden/TechCrunch)

2:35 PM ET, May 20, 2013

Top News:

Ann E. Marimow / Washington Post:

A rare peek into a Justice Department leak probe — When the Justice Department began investigating possible leaks of classified information about North Korea in 2009, investigators did more than obtain telephone records of a working journalist suspected of receiving the secret material.

Brett LoGiurato / Business Insider:

Here's Fox News' Scathing Statement On The Leak Investigation Into One Of Its Reporters — Fox News Executive Vice President Michael Clemente has released a scathing statement on the leak investigation involving Fox News reporter James Rosen. Here's the full statement, provided by a network spokesperson …

Noah Rothman / Mediaite:

Justice Dept. Tracked Fox News Reporter James Rosen's Movements, Obtained His Personal Emails — A report in the Washington Post indicates that the Justice Department's admission that they seized two months of telephone records from the Associated Press was not the first time the DoJ invaded …

Discussion: Guardian, Business Insider and The Daily Caller

Ingrid Lunden / TechCrunch:

It's Official: Yahoo Is Buying Tumblr For $1.1B, Vows To Keep It Independent — Yahoo has now officially confirmed that it is buying blogging platform Tumblr for $1.1 billion mostly in cash, after reports on an impending deal first surfaced last week. It says it will keep it as an independent company …

Kara Swisher / AllThingsD:

WordPress' Mullenweg Claims 72,000 Blog Posts Imported From Tumblr in Just One Hour on Sunday — Despite largely anecdotal media speculation, it's not clear how the acquisition of Tumblr by Yahoo for $1.1 billion will be greeted by users of the New York blogging service.

Discussion: Matt Mullenweg, Business Wire, Businessweek, CNET, PC Advisor, TechCrunch, The Week, Plagiarism Today, NYT Bits, Fast Company, VentureBeat, ZDNet, Mashable, New York Times, Engadget and The Verge

Felix Salmon:

Why Yahoo-Tumblr makes sense — Amidst all the positivity coming out of Yahoo and Tumblr, any self-respecting pundit is going to want to pour cold water on the whole deal. Especially since billion-dollar mergers almost never work out very well. But here's the weird thing …

Discussion: Forbes, Business Insider, Guardian and Deadline.com

Lauren Indvik / Mashable:
Yahoo May Bring Ads to Tumblr Blogs — With Permission

Discussion: DealBook, TechCrunch, GigaOM and ZDNet

Jeff John Roberts / paidContent:

New York Times CEO calls digital pay model “most successful” decision in years — In a speech to Columbia business school graduates, the CEO of the New York Times described the company's role in media disruption. — In a commencement address to business students at Columbia University …

Josh Halliday / Guardian:

NBC News confirms ITV's Deborah Turness as president — Editor of ITV News will be the first female head of a television network news operation in the United States — Deborah Turness, editor of ITV News, has been appointed president of NBC News in the United States. Photograph: Eamonn Mccabe for the Guardian

Discussion: New York Times, NetNewsCheck Latest, Broadcasting & Cable, Radio & Television …, Mediaite, TVNewser, The Wrap, Reuters, Variety, The Huffington Post and @brianstelter

Elizabeth Jensen / New York Times:

Charlie Rose to Host a Show in Prime Time on PBS — Viewers can already wake up with Charlie Rose on “CBS This Morning,” and wind down their day with his late-night PBS newsmaker interview program. If that is not enough, Mr. Rose, who has been called “the hardest working man in television …

Discussion: The Wrap, Variety, TVNewser, The Huffington Post, Digital Spy and Deadline.com

Jane Mayer / New Yorker:

How far did PBS go to avoid offending a sponsor? — Last fall, Alex Gibney, a documentary filmmaker who won an Academy Award in 2008 for an exposé of torture at a U.S. military base in Afghanistan, completed a film called “Park Avenue: Money, Power and the American Dream.”

Discussion: Gannett Blog, Boing Boing and LA Observed

Tom Harper / London Evening Standard:

The Met gagged Leveson Inquiry over claims that senior police officer sold secrets to the News of the World — The Met “gagged” the Leveson Inquiry from revealing intelligence that a very senior former police officer passed on sensitive information to the News of the World, the Standard reveals today.

Discussion: Press Gazette and The Drum

Mark Sweney / Guardian:

BBC told to improve online local news — Review by the BBC Trust says web services have improved, but coverage of regional news is ‘not particularly comprehensive’ — A BBC Trust report has said online services have improved since its last review in 2008, but local coverage needs to be developed.