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3:40 PM ET, August 26, 2010


 Top News: 
Peter Kafka / MediaMemo:
ITunes Music Update: Think Social, Not Streaming  —  When will Apple launch a cloud-based version of the iTunes music service that lets you stream your songs to wherever you are, whenever you want?  —  Probably not at Apple's newest product launch next week.
Julia Boorstin / Media Money with Julia Boorstin:
Studios Evaluate Apple's Rental Offer  —  Apple is the hot topic in Hollywood as studios continue negotiations with iTunes over 99 cent TV episode rentals.  Now sources tell me they expect an announcement at Apple's iPod event on September 1.  Steve Jobs has been pushing the idea …
Matthew Lynch / WWD:
Newsweek Editorial Director Steps Down  —  Newsweek editorial director Mark Miller has resigned, several sources have told WWD.  —  Save for a yearlong stint with ABC News in the 1990s, Miller had been with the magazine in almost every conceivable editorial capacity since joining as a summer intern in 1985.
Peter Lauria / The Daily Beast:
Why Eisner Fits at Tribune  —  Many in Hollywood seemed puzzled yesterday by reports that the former Disney chief might run a newspaper company.  Peter Lauria has four reasons why Michael Eisner seems open to it.  —  Hollywood was buzzing yesterday about reports that Michael Eisner …
Discussion: Romenesko
New York Post:
MSNBC's Ed Schultz goes bonkers  —  MSNBC talk show screamer Ed Schultz had a meltdown in the network's 30 Rock newsroom, shouting at staff, “I'm going to torch this [bleep]ing place.”  —  The hot-tempered anchor of “The Ed Show” lost it during a phone call in the packed studio and slammed down the phone before exploding.
David Pogue / New York Times:
New Kindle Leaves Rivals Farther Back  —  Too bad there's not a reality TV show called “America's Most Freaked-Out Tech-Company Meetings,” where you watch classic panicked board meetings.  For example, when the Apple employee left an iPhone 4 prototype in a bar.  Or when Intel learned that its Pentium chip contained a math error.
Newsosaur / Reflections of a Newsosaur:
Yahoo readies San Francisco news site  —  Moving quickly to leverage its $90 million-ish acquisition of Associated Content, Yahoo has begun recruiting writers to begin building a local news site for the San Francisco area.  —  Though hundreds of news shops of every shape …
Discussion: Lost Remote and HyperlocalBlogger
Sarah Hartley:
10 Characteristics of hyperlocal  —  What, if anything, the term ‘hyperlocal’ now means is something that keeps coming up in conversations I have and it strikes me that it's no longer necessarily defined by a tight geographical area, but instead seems to have evolved to describe more of an attitude than a place.
David Kaplan / paidContent:
Cisco Buys Online Video Distributor ExtendMedia  —  Cisco (NSDQ: CSCO) is in the process of acquiring ExtendMedia, a company that specializes in managing online video content.  The space has seen some consolidation lately and with the growth of mobile video, the rate of acquisitions is likely to increase rapidly.
Danah Boyd / Technology Review:
Why Privacy Is Not Dead  —  The way privacy is encoded into software doesn't match the way we handle it in real life.  —  Each time Facebook's privacy settings change or a technology makes personal information available to new audiences, people scream foul.  Each time, their cries seem to fall on deaf ears.
Jason Fell / Folio:
Meredith Title Next Up to Insert Video Ad in Print Magazine  —  Successful Farming's August issue features a video ad from pesticide advertiser.  —  It was only a matter of time before more print magazines followed Entertainment Weekly's footsteps and start incorporating video elements into their print magazines.
Rob ORegan / eMedia Vitals:
Economist seeks to replicate ‘immersive’ qualities of print on iPhone and iPad  —  The Economist's paid content strategy hinges on the quality of its journalism (more so than its clever advertising).  It is one of the few magazine publishers to claim success with a partial online paywall.
Discussion: Poynter Online
Jeff Bercovici / DailyFinance:
Harry Shearer on Media's Post-Katrina Coverage: ‘It Was Grandstanding’  —  The Big Uneasy, the new documentary from actor/humorist/radio personality Harry Shearer (pictured), is about the failure of the levees in New Orleans during Hurricane Katrina.  But it's also about the failure …
Mark Sweney / Guardian:
ABC to launch UK VoD service  —  US broadcaster and maker of Desperate Housewives and Cougar Town launches first VoD service outside North America  —  US broadcaster ABC, which makes shows including Desperate Housewives and Cougar Town, is to launch its first video-on-demand service outside North America …
Discussion: Variety
Emily Steel / Wall Street Journal:
New Technology to Lure Shoppers  —  Marketers Try Interactive Mirrors, Discounts via Scanners  —  It's Steven Spielberg's futuristic “Minority Report” come to life.  —  Marketing companies are experimenting with a new wave of digital technologies to pitch to consumers while they shop …
Discussion: Gawker
Sarah Perez / ReadWriteWeb:
How Entertainment Weekly Embraces the Digital Age  —  YouTube Channels, Mobile Apps and Barcoded Pages  —  In partnership with Entertainment Weekly, YouTube just announced the launch of a specialized site for getting a sneak peek at the new television season which includes …
Nick Wingfield / Digits:
Hillcrest Sees More Movement from TV, Game Companies  —  Hillcrest Laboratories is staking a bigger claim to technologies that let consumers control games and other television content with their body movements.  —  Hillcrest, a maker of a Nintendo Wii-like remote control for navigating Internet content …
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 Featured Newsletter: 
75% of large subscription publishers offer discounted trials  —  The majority of large publishers with digital subscription products are currently offering discounted trials to help drive new subscriber acquisition, according to Toolkits research.
 Who's Hiring in Media? 
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 More News: 
Leena Rao / TechCrunch:
Hyperlocal Business Directory MerchantCircle Takes On Patch With Content Studio
Google Small Business:
YouTube Homepage: Promoted Videos advertisers can get it while it's hot
Staci D. Kramer / paidContent:
Hulu Plus By The Numbers: 14 Percent More TV Than Basic Hulu
Julian Clover / Broadband TV News:
BBC unready to commit to 3DTV format
Discussion: NewTeeVee and CrunchGear
Nate Silver / FiveThirtyEight:
Welcome (and Welcome Back) to FiveThirtyEight
Brian Steinberg / AdAge:
Conan's TBS Show Nears Leno and Letterman Pricing
Discussion: and TVNewser
Donya Blaze / WebNewser:
Evan Smith of Texas Tribune: ‘Journalists Deserve a Living Wage’
Discussion: Soup and
 Earlier Picks: 
Rachel McAthy /
New business news site to make use of semantic search tools
While Others Shrink, KQED Expands Cross-Platform News
Robert Andrews / paidContent:
Bankrupt Owes Labels $28 Million
Discussion: CNET News
Joe Pompeo / The Wire:
Politico Editor Jim VandeHei Sends Best Wishes To The New National …
Discussion: Media Decoder
Laura McGann / Nieman Journalism Lab:
NPR's Argo Project becomes the Argo Network, mixing the local …
Chris Roush / Talking Biz News:
The life of a freelance biz reporter, aka getting your life back
Mark Milian / L.A. Times Tech Blog:
Podcaster Leo Laporte, the everywhere man
The Atlantic Online:
10 Reading Revolutions Before E-Books