Mediagazer: Philly newspapers go on the auction block this morning (Kristen Hare/Poynter)

11:02 AM ET, May 27, 2014

Top News:

Lewis Katz and H.F. Gerry Lenfest have won control of the Inquirer parent co. with an $88 million bid

Kristen Hare / Poynter:

Philly newspapers go on the auction block this morning — At 9:30 Tuesday morning, owners of The Philadelphia Inquirer, the Philadelphia Daily News and Philly.com will bid for control of the properties and their parent company in an auction, David Sell wrote Tuesday in The Inquirer.

Discussion: inquirer.com

Kara Swisher / Re/code:

Rap Genius Co-Founder Moghadam Fired Over Tasteless Comments on Santa Barbara Shooting — Rap Genius co-founder Mahbod Moghadam has been fired from the annotation service after posting appalling comments on the memoir of mass murderer Elliot Rodger, who killed six people in a shooting spree earlier this week.

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, @nickblunden, @nowthised and @raju

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 …

David Carr / New York Times:

A Platform and Blogging Tool, Medium Charms Writers — SAN FRANCISCO — Evan Williams is at it again. Mr. Williams is sitting in an office here a mile up the road from Twitter, where he is a founder and is still a board member, working on Medium, an amorphous-sounding company …

Discussion: @stevenbjohnson, @digiphile, @davewiner, @wilshylton, @erickschonfeld, @jakesilverstein, @palafo, @craigmod, @evanatmedium, @tedr, @fmanjoo, @carr2n, @hunterwalk, @jason, @anildash and @mathewi

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: FishbowlNY

Matt Burns / TechCrunch:

Spotify Was Hacked, Warns Android Users Of Impending Update — Spotify users, take note. The music streaming service just posted a message on its company blog indicating that one user's account was hacked, but assuring that steps are being taken to ensure others will not fall victim to the same exploit

Discussion: Spotify Blog, Business Insider, ZDNet and Expert Reviews

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: Medium, Business Wire and Talking New Media

Ilya Khrennikov / Bloomberg:

Russia's CTC Close to Getting TV Shows on Hulu in U.S., CEO Says — CTC Media Inc. (CTCM), Russia's largest publicly traded television company, said it's near a deal for Hulu LLC to carry its shows online in the U.S., helping expansion to more devices and markets.

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: New York Times and Forbes

Andrew Griffin / The Independent:

Largest torrent search engine Torrentz.eu taken down by UK anti-piracy police — Torrentz.eu — which acts as a search engine for torrents rather than storing them — has had its domain seized by the Police Intellectual Property Crime Unit — The internet's largest torrent search engine …

Discussion: TorrentFreak, VentureBeat, The Next Web and Beyond Search