Mediagazer: Twitter and Omnicom Strike $230 Million Mobile Ad Deal (Jack Marshall/Wall Street Journal)

5:55 PM ET, May 27, 2014

Top News:

Margaret Sullivan / New York Times:

Kinsley review of Greenwald's book “unworthy” of NYT Book Review; ignored media's constitutional role — Kinsley, Greenwald and Government Secrets — Michael Kinsley's review of Glenn Greenwald's new book, “No Place to Hide” hasn't even appeared in the printed Book Review yet …

John McDuling / Quartz:

BuzzFeed is shutting down its traffic partner network ahead of a video push — BuzzFeed won't be sharing its traffic with other websites as it has been. — The phenomenally successful viral content site, known for its listicles and cat videos (and some impressive reporting of late) …

Discussion: Nieman Journalism Lab, MediaPost, 10,000 Words, @nowthised, @nickblunden and @raju

David Sell / The Inquirer:

Lewis Katz and Gerry Lenfest win control of Inquirer papers with $88M bid — Katz, Lenfest win control of Inquirer parent company — Inquirer co-owners Lewis Katz and H.F. “Gerry” Lenfest won control of newspaper and its parent company Tuesday after a bidding war with other owners in a private auction at a Philadelphia law firm.

Discussion: inquirer.com, Poynter, USA Today, @phillyinquirer, The Daily Beast, Washington Post, The Huffington Post and The Newspaper Guild

Ken Auletta / New Yorker:

Jill Abramson's friends dispute accounts that she misled Sulzberger — SUMMING UP THE FIRING OF JILL ABRAMSON — The story of Jill Abramson's abrupt termination as the executive editor of the Times is one of those running stories in which reporters peel away one layer only to be presented with another.

Discussion: New York Magazine, @mkonnikova, @lizzieohreally, @nxthompson, @greenhousenyt, @lisamcintire, @thestalwart, @agolis, @moorehn, @brianstelter, @newyorker and @jonathanchait

Chris Ariens / TVNewser:

Six of 10 Highest Paid CEOs are in Media — The AP and Equilar are out with the top 50 highest paid CEOs list. And it's quite possible you work for one of their companies, as six of the top 10 head media conglomerates, including: 2. Leslie Moonves (right), CBS Corp., $65.6 million, up 9 percent 5.

Discussion: Mediaite, Associated Press, FishbowlNY, The Tell and Lost Remote

Joe Pompeo / Capital New York:

Businessweek promotes Rob Vargas to Creative Director to replace Richard Turley — Businessweek names new creative director — Bloomberg Businessweek has named a new creative director to replace Richard Turley, the star designer who recently left the magazine for a job with MTV.

Discussion: Folio and FishbowlNY

Tim Peterson / AdAge:

Yahoo Plots YouTube Rival for Summer Debut After Delay — Portal's Proposed Terms Have Received Pushback From YouTube Creators — Yahoo wants to rival YouTube for viral videos. — Creativity Reimagined — Is there room for another YouTube? — Yahoo is ramping up talks …

Discussion: Variety, Ubergizmo and Business Insider

Ingrid Lunden / TechCrunch:

Indie E-Book Printer Blurb Buys Graphicly; Will Shut Down Comic E-Publishing Platform — As the ongoing dispute between Amazon and Hachette sees the huge online retailer continue to block and/or delay sales of some of the publisher's books, two smaller startups in the industry are merging forces.

Discussion: Publishers Weekly, Business Wire, Medium, Talking New Media and VentureBeat

John McDermott / Digiday:

Twitter, Facebook battle YouTube for video ad cash — Social platforms Twitter and Facebook spent Upfronts week trying to woo TV buyers with their respective ad products. But while the two platforms certainly have the reach needed to pique buyers' interests, whether social can compete …

Discussion: Forbes

Kaylene Hong / The Next Web:

Research projects that Twitter will hit nearly 400m users by 2018, with over 40% in Asia-Pacific — Marketing research firm eMarketer has released its first-ever forecast of Twitter users worldwide, and projects that the social network will have nearly 400 million users by 2018, with over 40 percent of them in the Asia-Pacific region.

Discussion: New York Times, TechCrunch, Gigaom, VatorNews and TechCrunch

Dan Hart / Bloomberg:

Hachette Apologizes to Authors Caught in Amazon Dispute — Hachette Book Group apologized to its authors for a dispute with Amazon.com Inc. that prompted the online retailer to block pre-orders for some of the publisher's forthcoming book releases. — “Please know that we are doing everything …

Discussion: Associated Press, Fortune, Bookseller news, Good E-Reader and Kirk LaPointe's …

Catherine Taibi / The Huffington Post:

BBC News Crew Temporarily Detained In Egypt — Three members of the BBC News team were temporarily detained on Tuesday in Cairo, Egypt, amidst the country's presidential election. — BBC News correspondent in Cairo, Orla Guerin, Cairo producer Wael Hussein and Middle East producer Kate Benyon-Tinker …

Discussion: TVNewser