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Viacom Earnings|Travel Channel|Ascend Media Liquidates|Bloomberg's BusinessWeek Plans|WebMediaBrands CEO Meckler

Wall Street Journal: Viacom, parent company of MTV Networks, reported its third quarter earnings today. Profit grew 15 percent due to cost-cutting, perhaps related to this summer's layoffs at MTV?

New York Times: Scripps is reportedly close to closing its deal to buy the Travel Channel from Cox Communications.

Folio: B-to-b publisher Ascend Media has filed for Chapter 7 liquidation.

MediaWeek: Bloomberg unveils its plans for BusinessWeek: make it look more like The Economist and offer content for free "while creating deep, vertical content areas that paying users could access for roughly $100 a year."

Business Insider: Alan Meckler, the CEO of mediabistro.com's parent company WebMediaBrands, talks about plans to buy new blogs, and his plans for Mediabistro and Semantic Web.


Upcoming mediabistro.com event

Freemium Summit: March 26 in San Francisco

Free sells. It may seem counterintuitive, but the media world is capitalizing on business models that combine free offerings with a premium, paid ones. This hybrid approach is referred to as the Freemium business model and is one of the most exciting areas in media today.

Learn about the business of free from leading practitioners including Pandora, YouSendIt, MailChimp, ngmoco, Evernote, and Automattic (WordPress) at mediabistro.com's Freemium Summit. View the full program and register.

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