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12:00 AM ET, September 29, 2010


 Top News: 
Tim Armstrong: We Got TechCrunch!  —  I'm very pleased to announce that we have acquired TechCrunch.  Details are in the press release below, and I'm sure founder Michael Arrington will have a few words to say as well.  This is a great complement to our continued investment in world class content.
Michael Arrington / TechCrunch:
Why We Sold TechCrunch To AOL, And Where We Go From Here  —  By now you must have heard the news that AOL has acquired us.  Here are videos of the on stage signing of the agreement and an interview with AOL CEO Tim Armstrong immediately afterwards.  —  So how did all this happen?
Edmund Lee / AdAge:
Why AOL Bought TechCrunch  —  Tim Armstrong Explains Why AOL Decided to Buy This Time Rather Than Build  —  NEW YORK ( — AOL CEO Tim Armstrong told Ad Age today that he wants a “build-first” culture at his company, in which the growth is sparked internally, like the world's oldest startup.
Mathew Ingram / GigaOM:
We Nailed It! AOL Has Bought TechCrunch
Finalists for the 2010 Online Journalism Awards announced  —  Finalists for the 2010 Online Journalism Awards, many pushing the envelope of innovation and excellence in digital storytelling and distribution, were announced today by the Online News Association and its partner, the School of Communication at the University of Miami.
Peter Kafka / MediaMemo:
Condé Nast's iPad Apps Are Too Portly.  Blame Adobe.  —  The Wired iPad app has a weight problem.  —  The first one came in at about half a gigabyte of memory, and it hasn't shrunk that much since.  —  And Condé Nast's newest iPad app, from the New Yorker, isn't much better …
Lucia Moses / Mediaweek:   Condé Nast Creates Award, Perk for Business-Savvy Editors
Staci D. Kramer / paidContent:
Knight Promises To Cover Journalism Online Costs For Some News Orgs  —  The John S. and James L. Knight Foundation has funded any number of experiments to create sustainable journalism, investing millions of dollars in startups, academics and more.  The latest effort offers …
Discussion: WebNewser
Kara Swisher / BoomTown:
Exclusive: Yahoo Exec Churn Continues, With Media Head Pitaro Ready to Bolt  —  Last week at a Goldman Sachs investment conference, voluble Yahoo CEO Carol Bartz tried to minimize the impact of the recent spate of significant executive departures at the Internet giant.
Lauren Indvik / Mashable!:
Twitter Shelves @EarlyBird Deals  —  At today's IAB Mixx conference in Manhattan, Twitter COO Dick Costolo announced that Twitter would be retiring its Early Bird advertising product, at least for now.  —  Early Bird allowed select advertisers to promote exclusive offers for Twitter users through …
Discussion: MediaNama and ReadWriteWeb
Steve Rosenbaum / The Wire:
VCs Are Blowing It And Will Totally Miss The Web Video Revolution  —  Venture Capitalists did the right thing five years ago—they got excited about video.  Back then, video meant hardware.  Pipe.  Technology.  It was a big problem, and for lots of folks, it seemed like there could be a big winner.
Robin Wauters / TechCrunch:
Confirmed: AOL Buys Video Syndication Company 5min (For $65 Million)  —  AOL is buying video syndication network 5min Media, reports AllThingsD.  According to Israeli news outlet YNews, this is indeed a done deal, and the price is $65 million.  —  It isn't exactly what you'd call a stellar exit …
Bill Mitchell / Newspay:
Post-Gazette's Premium PG+ Service Profitable But No ‘Holy Grail’  —  A year into its subscription-based PG+ service, the Pittsburgh Post-Gazette has learned a few things about charging for content online:  — Profitability is possible, if only modestly so, with incremental online services that control costs.
Discussion: Editors Weblog and eMedia Vitals
Joseph Tartakoff / paidContent:
Tech Blog Ad Network NetShelter Raises $15 Million  —  Longtime blog ad network NetShelter has raised $15 million in its latest round of funding.  The company counts more than 200 independent technology news sites, including, MacRumors, and Slashgear, among the sites it sells ads for.
Discussion: WebNewser
Keach Hagey / On Media's Blog:
Walcott leaves McClatchy for SmartBrief  —  John Walcott, formerly the Washington bureau chief of McClatchy, has left to join the DC-based online business information company SmartBrief.  —  Before McClatchy, Walcott led the Washington bureau of Knight Ridder.
Discussion: Romenesko
Michael Calderone / Yahoo! News:
Huffington Post fires back at ex-blogger Fowler  —  The Huffington Post is firing back at Mayhill Fowler, one of the site's many unpaid bloggers, who scored a major political scoop during the 2008 presidential campaign.  —  Huffington Post spokesman Mario Ruiz took issue with Fowler's decision Monday …
Mimi Turner / Hollywood Reporter:
Jeff Bewkes: Beware of Apple, Amazon deals  —  TW chief says low-cost digital giveaways devalue TV fare  —  LONDON — Time Warner boss Jeff Bewkes told British media execs that television is entering a second golden age of creativity and reward but warned against the danger of low-cost digital giveaways.
Georg Szalai / Hollywood Reporter:
How Ken Jautz plans to boost CNN ratings  —  Calls Piers Morgan, Eliot Spitzer ‘excellent communicators’ … The Hollywood Reporter: What has been the biggest problem for CNN, and how do you fix it?  —  Ken Jautz: The biggest issue is to improve our primetime ratings.
John Koblin / New York Observer:
It's Autumn.  Do You Know Where Your Magazine Editors Are?  —  Over the summer, two weeklies announced job searches for two editors.  It's autumn now, and The New York Times Magazine and Newsweek are still on the hunt.  So where do things stand with the two biggest media stories of the moment?
Maureen O'Connor / Gawker:
Which Tabloids Lie the Most?  —  In the constantly-contradicting world of tabloid journalism, is anyone reliable?  We analyzed 20 months of reported break-ups, marriages, and pregnancies to tabulate our first-ever Tabloid Reality Index, batting averages for America's five major celebrity glossies and the rumors they monger.
Discussion: The Consumerist and Mediaite
Jay Rosen / Pressthink:
Why I am Not a Journalist: A True Story  —  The short answer is: I wanted to be, but I screwed it up, so I couldn't be.  —  Discovering journalism in college saved me.  At the time (1976) I was on a track that would have led to an assistant manager's job at an Applebees.
Discussion: CJR, Romenesko and Media Nation
Nadine Cheung / TVNewser:
This Just In: MTV Seeks Vice President of Daily News  —  Calling all newshounds!  MTV is on the hunt for a new vice president of daily news to not only create on-air and online video content, but to also supervise the managing editors of News & Movies and the directors of video, field and digital production.
Discussion: WebNewser
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 More News: 
Georg Szalai / Hollywood Reporter:
CBS, NBC upset PBS at News & Doc Emmys
Discussion: TVNewser and
Sue Zeidler / Reuters:
Disney's ABC looks inside and outside for ABC News chief
Jack Shafer / Slate:
The Op-Ed Page's Back Pages
Peter Kafka / MediaMemo:
Indie Radio God Nic Harcourt Gets a New Gig: Picking Videos for “The Live Buzz”
Discussion: Fast Company
Jeffrey A. Trachtenberg / Wall Street Journal:
Authors Feel Pinch in Age of E-Books
Discussion: Slate, CJR and The Awl
Steve Pond / The Wrap:
IMDb CEO on Growing Pains — and Turning 20
 Earlier Picks: 
David Kaplan / paidContent:
AOL's Project Devil Aims To Update The Banner Once And For All
Joe Pompeo / The Wire: Staffs Up With Radar Refugees
Andy Plesser / Beet.TV:
Dailymotion Hits 70 Million Monthly Uniques with 57 Percent Jump …
Georg Szalai / Hollywood Reporter:
Analyst: NBC Network Is Worth ‘Negative $600 Million’
Leena Rao / TechCrunch:
OneTrueFan Is The Foursquare For Websites
Discussion: and VentureBeat
MG Siegler / TechCrunch:
There Are Stories Out There On Twitter, Flickr, YouTube — Build Them With Storify
Discussion: VentureBeat and PSFK

From Techmeme:

Mayank Parmar / BleepingComputer:
Microsoft users report a massive outage impacting, Copilot for web and mobile, Copilot in Windows, and more; ChatGPT and DuckDuckGo have similar issues

Nitasha Tiku / Washington Post:
Documents and sources: OpenAI didn't use Scarlett Johansson's voice for ChatGPT's Sky and hired another actress months before Sam Altman contacted Johansson

Kif Leswing / CNBC:
Nvidia reports Q1 revenue up 262% YoY to $26.04B, vs. $24.65B est., forecasts Q2 revenue above est., and splits its stock 10-for-1; NVDA jumps 5%+

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