LAT In 90 Seconds
50 Cent: Not the rapper, the price tag. In the face of cuts and other awful things, Steve Lopez reminds readers what they’re getting for 50 cents: “Although that money doesn’t buy you the same-size staff that was in place when I arrived seven years ago, those two quarters still buy you the biggest, best, most ambitious news-gathering operation west of the Hudson River.”
In Demand: Want to know how to make money off of articles, images and videos? Richard Rosenblatt, a guy you’ve probably never heard of, figured it out. “With blinding speed and little notice, Rosenblatt’s 2-year-old Demand Media Inc. has become one of the largest buyers of articles and video clips for the Web. It expects revenue of nearly $200 million this year and, more surprisingly, a healthy profit.”
YouTube, YouWin!: From Jessica Guynn: “Google said late Monday that it has reached a deal with Viacom to protect the privacy of tens of millions of YouTube viewers. A judge had ordered Google, YouTube’s corporate parent, to hand over user data as part of the $1-billion copyright infringement case brought by Viacom.”
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