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Yahoo! in Talks to Acquire Tumblr: Deal Could Reach As High As $1 Billion (Adweek)
Is Marissa Mayer about to make a game-changing acquisition? It appears so. Yahoo! is in serious talks with Tumblr to acquire the social blogging site, according to multiple sources familiar with the talks. While its revenue is modest, Tumblr has positioned itself as one of the few players in the digital ad world that is well-suited for brand advertising. And Tumblr is also the domain of the young, cool and creative crowd — not currently a Yahoo! sweet spot. AllThingsD Earlier this week, Yahoo! CFO Ken Goldman spoke at JPMorgan’s Global Technology conference and underscored the need for the aging Silicon Valley Internet giant to attract more users from the coveted 18-to-24-years-old age bracket. Along with more marketing, he explicitly said Yahoo! needed to be “cool again.” The Verge Since taking control of Yahoo!, Mayer has pursued a string of acquisitions, including Summly, Astrid, Jybe and others. In addition to the failed Dailymotion acquisition, the company has also been rumored to be looking at Hulu, although Mayer has previously said that the company is shopping for smaller targets valued in the $100 million range.
NY Post Buyouts Focus on ‘Loyal Soldiers… Highest Paid’ (Capital New York)
The New York Post stands to lose a sizable chunk of its longstanding institutional memory as newsroom employees who were offered buyouts last week decide whether or not to jump ship with exit packages. A list of around 10 Post journalists who are said to have been offered buyouts has been circulating among veterans of the tabloid. Those on the list are mostly older, longtime reporters and editors.
It’s Moving Day for Miami Herald Staff, Reporters (CBS Miami)
Moving trucks were parked along the walk in front of One Herald Plaza Thursday, as the Miami Herald passed its last day in the building it has known as home for half a decade. It was moving day.
Which Journalists Accepted Free Laptops From Google? (Valleywag)
Wednesday’s Google I/O keynote — a tech Nuremberg of fanboyism, developer jargon and fancy new features for Gmail — dragged on for hours. Those thousands who sat patiently in their chairs were rewarded with a brand new, $1,300 laptop — including reporters whose job it is to impartially cover Google. Let’s see who took the bait.
Zinio, First Mover in Digital Magazines, Moves to The Netflix Model (Forbes / Mixed Media)
The so-called first mover advantage is really only an advantage if you don’t get too far out ahead of your customer. Founded in 2001, the digital magazines company Zinio was arguably a good eight years ahead of its time. To be sure, being first has had its benefits. With 5,500 titles, Zinio has the deepest offerings of any digital newsstand but there’s also a bit of catching up to do, with consumers increasingly demonstrating a preference for digital subscription plans that offer flexibility and variety rather than ownership, like the ones that have made Netflix and Spotify into household names. Zinio’s answer to that demand is a new offering called Z-Pass.
In Bloomberg Uproar, Ethics Flags for New Media (HuffPost / AP)
Launching his namesake company’s news division in the 1990s, Michael Bloomberg largely rejected long-held rules of the journalism trade that insist on keeping thick firewalls between reporters and the profit-making workings of their companies. Now, a byproduct of Bloomberg’s widely admired and novel business model has ensnared his company in a problem of its own making.
Campaign to Buy LA Times Hopes to Crowdfund $660 Million (Bloomberg / Tech Deals)
Want to buy the Los Angeles Times, Chicago Tribune, Baltimore Sun and six other daily newspapers? No, I don’t mean at the newsstand. The Other 98%, a nonprofit organization, has setup a crowdfunding campaign to buy Tribune Co.’s newspaper business. The initiative is meant to prevent the Koch brothers, Rupert Murdoch or some other billionaire from buying it.
Yahoo! Partners With Twitter to Bring Tweets Directly Into Its US Newsfeed on The Desktop And Mobile Web (The Next Web)
Yahoo! on Thursday announced a new partnership with Twitter that will see tweets brought directly into the company’s homepage newsfeed. The new integration will be rolling out “over the next few days” on Yahoo!’s US site, available to both desktop and mobile Web users. AllTwitter Marissa Mayer means business. As Yahoo!’s head honcho, she has proven this time and again. And now this former Google executive appears to have set her sights on smacking Google back and locking up “real-time search” for her new employer.
Anthony Bourdain Slams Bravo for Taking BP Oil Settlement Money (NY Post)
Anthony Bourdain and David Simon are blasting Bravo for taking beaucoup bucks from the 2010 BP oil spill settlement to film Top Chef in New Orleans. But the New Orleans Tourism Marketing Corp. says the $175,000 it gave to Bravo wasn’t from BP bucks — but was earmarked “to invest in bringing Top Chef to New Orleans.”
National Review Writer Actually Throws Rude Theater Patron’s Cellphone — Do We Applaud? (The Washington Post / ComPost)
As someone who has been in theaters where people have not turned off their cellphones, I have many long, elaborate fantasies about what I would like to do to those people. National Review writer Kevin Williamson seized a patron’s phone “utilizing (his) famously feline agility” and tossed it across the room. She slapped him. He was escorted from the theater. “There is talk of criminal charges,” he adds. ThinkProgress / Alyssa Rosenberg Williamson is right on two points: The use of cell phones in live performances in particular is inexcusably rude and theaters need to do much more to protect both audiences and performers from interruption. FishbowlDC On National Review’s “The Corner” blog, Williamson wrote up a post in which he broke the news, detailing how he just went to a theater in New York for a show only to find his experience repeatedly interrupted by phone users. He complained to the manager who said the problem would be amended, only to return to his seat and find the woman next to him on her phone.
How News Orgs Are Displaying The Benghazi Emails (Poynter / MediaWire)
The White House Wednesday released 100 pages of emails between government stakeholders arguing, what, exactly they should say in talking points about the Sept. 11, 2012 attack on a temporary diplomatic office in Benghazi, Libya. That’s a lot of for readers to get through. So how are news organizations displaying them?
Fox News Spent One Minute Covering Marriage Equality in Three States (BuzzFeed)
May has been one historical month for marriage equality, but Fox News only had one minute of coverage on the subject. That’s like… 20 seconds per state.
The CW Introducing ‘CW Seed’ Digital And Social Hub (LostRemote)
The CW is planning to rebrand its digital studio CWD as “CW Seed,” evolving it into a digital destination for loyal CW fans. The network announced CW Seed at its upfront presentation in New York Thursday. CW Seed will exist as a sub-site on CWTV.com, and will still produce original programming, but the channel is adding more interactivity to the service, opening up for feedback from viewers and adding more social engagement.
DirecTV May Fight Retrans Fees With Antennas (TVSpy)
For viewers, hearing the two words “Retrans fees” can conjure up nights spent not being able to watch their favorite network shows or local news because their cable provider/satellite provider/network/sports network/local channel can’t agree on how much showing the program is worth. Now, DirectTV is looking to avoid paying millions in retrans fees by adding an integrated antenna into its set-top boxes to grab over-the-air signals for free.
Nicholas Jackson Plans to Launch A ‘Smarter Version of Mediabistro’ (NY Observer)
Last week, Pacific Standard’s digital director Nick Jackson announced on Facebook and Twitter that he was starting a new website that would “be a place for inside-baseball coverage of the media industry and serve as a home for resources for both aspiring and professional journalists.”
What do you think of the new Google+?
lucasmillerwsu Google+ continually makes efforts to improve user experience, IMO, G+ is cleaner and more intuitive than FB
lynaecook much cleaner & easier to navigate & Facebook Pinspired
Brian Carrell Where is my google chat messenger?
Greg Lygon It’s amazing how much it resembles Windows 8.
Jennifer Connelly Public Relations Have to get used to it, but like that you can see multiple shares at once.
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