Mediagazer: What Jeff Bezos Is Thinking (Chris Hughes/New Republic)

10:55 AM ET, August 7, 2013

Top News:

Staci D. Kramer / Nieman Journalism Lab:

Don Graham on the sale of The Washington Post, Jeff Bezos, and the pace of newsroom innovation — Washington Post Co. chairman and CEO Don Graham kept the decision to sell the heart of the family business exceptionally quiet for months, avoiding public drama and employee angst while he went white-knight shopping.

Discussion: Xconomy, Forbes, Washington Post, Business Insider, Washington Post, The Content Standard, USA Today, Talking Biz News, Lean Back 2.0, Corey Pein, TIME, The Blotter, Globe and Mail, @jayrosen_nyu, OpenSecrets.org, Wonkblog and msnbc.com

Chris Kirkham / The Huffington Post:

Washington Post Co.'s Kaplan Bet May Have Cost It The Paper — Even as the Washington Post saw its circulation diminish and its advertising revenues evaporate in recent years, the paper's parent company could draw on a conspicuous center of growth — a chain of for-profit colleges known collectively as Kaplan Higher Education.

The Huffington Post:

Washington Post Sale Turns Attention To Sulzbergers' Ownership Of The New York Times — NEW YORK — When the descendants of Eugene Meyer sold The Washington Post on Monday to Amazon's Jeff Bezos after four generations of ownership, the once long list of iconic newspaper families dropped down to one: The Sulzbergers.

Discussion: Poynter, Online NewsHour, Washington Post, Guardian and Politico

Bloomberg:

Bezos's E-Book Overhaul Provides Blueprint for Post — Jeff Bezos has already transformed one traditional print business — books — into a digital one. The experience provides a blueprint for how the billionaire technology executive is now poised to overhaul newspapers following his $250 million acquisition of the Washington Post.

Jennifer Saba / Reuters:
Jeff Bezos Bought The Washington Post For Four Times Its Worth

Discussion: Bloomberg

Om Malik / GigaOM:
A new Babylon and the rise of the tech tycoon

Discussion: Mediashift, News Desk, Reuters and msnbc.com

Chris Hughes / New Republic:
What Jeff Bezos Is Thinking

Jeff Bercovici / Forbes:

AOL Bets On Programmatic With Adap.TV, Pulls Back On Patch — Here's a sign that Tim Armstrong feels he's regained control of the narrative at AOL : He's back in the market for big-ticket items. — AOL's $405 million purchase of the video advertising platform Adap.TV is the biggest acquisition …

Discussion: Poynter, The Atlantic Wire and Business Insider

Anthony Ha / TechCrunch:

AOL Is Acquiring Video Ad Platform Adap.tv For $405M — TechCrunch-owner AOL just announced that it has reached an agreement to acquire video advertising platform Adap.tv in a deal that should be worth a total of $405 million — $322 million in cash and $83 million in AOL common stock.

Discussion: AllThingsD, All Things D, NetNewsCheck Latest, VentureBeat, Forbes, FishbowlNY, AdAge, Business Insider, Media & Entertainment, The Wrap, CNET, GigaOM, Business Insider, Digiday, Wall Street Journal, Variety, Electronista, AdExchanger, DealBook, USA Today, Reuters, RTTNews and CNBC

Anthony Ha / TechCrunch:

AOL Q2 Comes In (Slightly) Above Estimates With $541M Revenue, $0.35 Earnings Per Share — AOL just released its earnings report for the second quarter of the year, coming in ahead of Wall Street expectations with revenue of $541 million, up 2 percent percent from the same period last year, and diluted earnings per share of $0.35.

Discussion: Media Money …, Broadcasting & Cable, @pkafka and @jeffjohnroberts

Dylan Byers / Politico:

CNN taps Bloomberg TV head to oversee new digital integration effort — In a new effort to “connect digital and television,” CNN Worldwide president Jeff Zucker has announced that Bloomberg TV head Andrew Morse will join the network as Senior Vice President overseeing domestic newsgathering …

Discussion: The Huffington Post

Philip Bump / The Atlantic Wire:

This Year's Yemen Leak Isn't Angering Congress as Much as Last Year's — Someone in the government told the press confidential details of a terror operation centered on Yemen. In 2012, that meant broad outcry, with members of Congress calling for investigations and criminal charges. In 2013: crickets.

Discussion: CBS News and Guardian

Michael Calderone / The Huffington Post:
McClatchy Editor Defends Publishing Al Qaeda Detail CNN, NY Times Held Back

Discussion: TIME, @mitchellreports, Techdirt and Guardian

Sam Thielman / Adweek:

Fox Will Invest $150 Million in Broadcast Programming — The newly-created 21st Century Fox had its first earnings call on Tuesday afternoon, and, perhaps befitting its status as half of the old News Corp., took half as long as most earnings calls with 15 minutes of presentation and another 15 minutes allotted for a Q&A.

Discussion: Sydney Morning Herald

Tony Maglio / The Wrap:
21st Century Fox Reports Q4 Revenue Gain

Discussion: Hollywood Reporter, Reuters, Bloomberg, India & World, The Australian, Broadcasting & Cable, New York Times, MediaPost, Associated Press, Los Angeles Times, Wall Street Journal and Variety

Caroline O'Donovan / Nieman Journalism Lab:

Google's new search feature makes it easier to find seminal articles on big topics — When big news breaks, readers clamor for updates — but they also yearn for context. For example, when word got out Monday afternoon that Jeff Bezos had spent $250 million to become the new owner of The Washington Post …

Discussion: Inside Search, Search Engine Land, support.google.com, GigaOM, BostInno, Poynter, SocialTimes, Google Webmaster Central Blog, CNET, VentureBeat, @mattcutts, PandoDaily, VatorNews, Softpedia News, TechCrunch, @lyssamcdonald and @randyabramson

Lynne Marek / Crain's Chicago Business:

How will Globe, Post sales affect Tribune? — For Tribune Co., the recently announced sales of the Washington Post Co. newspapers and the Boston Globe group make clear there's still a market for major newspapers. But analysts say they'll be worth more sold separately and sometime soon.

Discussion: The Huffington Post

Matthew Jarzemsky / MoneyBeat:

Ad-Tech Company YuMe's IPO Prices Well Below Target — YuMe Inc. saw its initial public offering price well below its expected range, a sign investors remain skeptical of new entrants in digital advertising. — The company priced an offering of 5.1 million shares for $9 each late Tuesday …

Discussion: Bloomberg, Forbes, NASDAQ.com and AllThingsD

Neal Ungerleider / Fast Company:

Netflix-style recommendations: From a cable provider? — IF YOU CAN'T BEAT 'EM, JOIN 'EM: COX CABLE'S NEW CONTOUR APP AND DVR PLUG-IN GIVES VIEWERS PERSONALIZED, NETFLIX-STYLE RECOMMENDATIONS FOR TELEVISION VIEWING ON DEMAND. — Cox Cable is trying out something television viewers …

Discussion: AdAge, Light Reading, Virginian-Pilot, Multichannel.com and GigaOM