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9:20 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
Keith J. Kelly / New York Post:
AOL feels the Crunch
Discussion: ClickZ
Scott Rosenberg / Scott Rosenberg's Wordyard:
Independent commercial Web publishing: still exhausting?
Michelle Kessler / USA Today:
Ongo gets $12 million in financing  —  Silicon Valley start-up Ongo has announced an initial $12 million round of financing from USA TODAY parent Gannett, The New York Times Co. and The Washington Post Co. Ongo, founded by former eBay veteran Alex Kazim, plans to launch a consumer service …
Discussion: paidContent and Mashable!
Russell Adams / Digits:   New York Times Backs News-Aggregation Software Company
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.
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.
Kara Swisher / BoomTown:
First Ben Silverman Online Program-"Ready, Set, Dance!"  -Debuts on Yahoo  —  Yahoo and Electus, the multiplatform content studio headed by former NBC entertainment head Ben Silverman, debuted its first original, branded entertainment programming tonight with “Ready, Set, Dance!”
Ryan Tate / Gawker:
Star Tech Writers Spurn AOL for Rupert Murdoch  —  It was looking like News Corp. might lose Wall Street Journal stars Walt Mossberg and Kara Swisher, who host a lucrative conference for the company.  But the pair are staying and swimming in money.  Credit a well-timed overture from AOL.
Discussion: Romenesko and MediaMemo
Carol Marie Cropper / NetNewsCheck Latest:
Gilbert: Only 1 In 10 ‘Old Media’ Will Survive  —  DALLAS — Fewer than one in 10 traditional media outlets are likely to survive, Clark Gilbert, president and CEO of a Salt Lake City digital media company, suggested to those gathered at the Local Mobile Advertising Conference here Tuesday.
Discussion: GigaOM Pro
Mark Leibovich / New York Times:
Being Glenn Beck  —  Glenn Beck was sprawled out on his office couch a couple of weeks ago, taking — as self-helpers like to say ­— an inventory.  “I think what the country is going through right now is, in a way, what I went through with my alcoholism,” he told me.  “You can either live or die.
Discussion: Mediaite and Think Progress
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?
Discussion: Romenesko
Jack Shafer / Slate:
Advertisements for Themselves  —  The newspaper industry is likely to hit a 25-percent low in advertising sales this year.  If so, it will end up billing about half of what it billed in its record year of 2005.  —  But the newspaper industry aims to win back those advertisers, of course.
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
The Official Google Blog:
What does the future of display advertising look like?  —  This afternoon, we gave a keynote address at the Interactive Advertising Bureau's MIXX Conference in New York, entitled “Display 2015: Smart and Sexy.”  —  As you know by now, we're investing significantly to make display advertising better …
Claire Atkinson / New York Post:
Diller Resigns as Live Nation Chairman  —  Tweet  —  Barry Diller is stepping down as chairman of Live Nation's board as the company struggles to carve out a strategy following a sluggish summer concert season.  —  In a statement, Diller, who is the chief of IAC/Interactive …
Discussion: Hollywood Reporter
Dan Duray / New York Observer:
Steele Magnolia: The Curbed Founder Takes His Shelter Network National  —  Curbed network founder and president Lockhart Steele insists that the new national version of his flagship site won't be competing with shelter magazines.  —  All the same, one of the fledgling site's …
Discussion: Observer
Yahoo, RealNetworks Music License Fees Voided by Court  —  Sept. 28 (Bloomberg) — A U.S. appeals court in New York reversed a series of lower-court decisions setting license fees for the Internet companies Yahoo! Inc. and RealNetworks Inc. to stream songs online.
James Rainey / Los Angeles Times:
On the Media: Republicans on Fox gain valuable face time  —  Candidates hosting shows or being interviewed reach out directly to their base.  —  Silly, silly Tim Pawlenty.  —  The governor of Minnesota visits the flood disaster in the southern end of his state and calls a special session …
Andrea Pitzer / Nieman Storyboard:
Michael Jones on heroes, villains and the science of narrative  —  We spoke last week with Michael D. Jones, who is applying statistics to narrative here at Harvard during his fellowship at the Edmond J. Safra Center for Ethics.  Jones, who received his Ph.D. earlier this year from the University …
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 …
Patrick Smith / psmith, journalist:
Say hello to a new algorithm publishing model for the media industry  —  I've been rather quiet in recent weeks and with good cause: I've been helping to build a new digital media business, Briefing Media Ltd, and its first site, which goes live today (Tuesday).
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 More News: 
Lauren Kirchner / CJR:
Money, Volunteers, Money, Patch, and Money
Discussion: RJI, J-Lab and Jen Lee Reeves
Keach Hagey / On Media's Blog:
Walcott leaves McClatchy for SmartBrief
Discussion: Romenesko
Joseph Tartakoff / paidContent:
Tech Blog Ad Network NetShelter Raises $15 Million
Discussion: WebNewser
Nadine Cheung / TVNewser:
This Just In: MTV Seeks Vice President of Daily News
Discussion: WebNewser
Bill Mitchell / Newspay:
Post-Gazette's Premium PG+ Service Profitable But No ‘Holy Grail’
Discussion: eMedia Vitals and Editors Weblog
Steve Rosenbaum / The Wire:
VCs Are Blowing It And Will Totally Miss The Web Video Revolution
Lauren Indvik / Mashable!:
Twitter Shelves @EarlyBird Deals
Maureen O'Connor / Gawker:
Which Tabloids Lie the Most?  —  In the constantly-contradicting world …
Discussion: The Consumerist and Mediaite
 Earlier Picks: 
Georg Szalai / Hollywood Reporter:
How Ken Jautz plans to boost CNN ratings
Associated Press:
Pioneer Iran blogger sentenced to 19 years prison
Kara Swisher / BoomTown:
Exclusive: Yahoo Exec Churn Continues, With Media Head Pitaro Ready to Bolt
Georg Szalai / Hollywood Reporter:
CBS, NBC upset PBS at News & Doc Emmys
Discussion: TVNewser, Romenesko 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
Discussion: New York Times
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