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You've Got Arianna: AOL Buys Huffington Post For $315M In Cash And Stock, Appoints Huffington Editor-In-Chief (AllThingsD)
In a bold and definitive move, AOL is paying $315 million, mostly in cash, to buy The Huffington Post, one of the Web's most prominent news and opinion sites. As part of the deal, Huffington Post co-founder Arianna Huffington -- who was derided by some when she co-founded the left-leaning site in 2005 with investor and well-known communications executive Kenneth Lerer -- will become president and editor-in-chief of The Huffington Post Media Group within AOL. AdAge: The deal is AOL CEO Tim Armstrong's latest and boldest attempt to transform the declining company from one that helped millions of people get onto the Internet through dial-up connections to one that informs and entertains them in a broadband world, or as he called it, a "new American media company." Mashable: The company that brought dial-up Internet to millions of people is dead. In its place is a massive media empire that refuses to be ignored. ReadWriteWeb: This is an incredibly bold move and a big bet of AOL's remaining revenue streams on the future of content on the Web. It's hard to imagine a better bet in that direction. Huffington has demonstrated a clear ability to win at the bulk and low-cost content game. GigaOM: My first reaction: Wow! I had called for HuffPo being acquired by MSNBC before the end of 2011. But then those are the perils of the prediction game. AllThingsD / BoomTown: Here's an exclusive video interview BoomTown did with Arianna Huffington and AOL CEO Tim Armstrong Sunday morning at Super Bowl XLV in Arlington, Texas. HuffPost: Arianna Huffington: When Kenny Lerer and I launched The Huffington Post on May 9, 2005, we would have been hard-pressed to imagine this moment. The Huffington Post has already been growing at a prodigious rate. But my New Year's resolution for 2011 was to take HuffPost to the next level -- not just incrementally, but exponentially. With the help of our CEO, Eric Hippeau, and our president and head of sales, Greg Coleman, we'd been able to make the site profitable. Now was the time to take leaps. TechCrunch: Armstrong: The Huffington Post is core to our strategy and our 80:80:80 focus -- 80 percent of domestic spending is done by women, 80 percent of commerce happens locally, and 80 percent of considered purchases are driven by influencers. The influencer part of the strategy is important and will be potent.
House Chatter On C-SPAN? Not This Session. (WSJ)
It looks like C-SPAN viewers will have to wait another two years -- at least -- to get close-up coverage of the arm-twisting and fat-chewing that occurs daily on the House floor. TVNewser: "Consistent with the precedent set by former speakers, I believe the American people -- and the dignity and decorum of the United States House of Representatives -- are best served by the current system of televised proceedings provided by the House Recording Studio," incoming House Speaker John Boehner (R-Ohio) said in a letter to C-SPAN CEO Brian Lamb.
Can Al-Jazeera's CNN Moment Last? (Multichannel News)
As the crisis in Egypt unravels, one network more than others has opened a window for the world. When the first demonstrators gathered in Cairo and Alexandria to call for the end of President Hosni Mubarak's regime, Al-Jazeera English's journalists provided crucial video for U.S. news outlets. HuffPost: Anderson Cooper announced Saturday that he is leaving Egypt after a week in which he and his crew were repeatedly targeted by Mubarak supporters. He tweeted, "It is with a heavy heart that I have decided to leave #Egypt. CNN continues to have many teams in place. It was a hard decision to leave." B&C: In a call with Egyptian Vice President Omar Soliman Saturday, U.S. Vice President Joe Biden called for the immediate release of journalists and others detained without cause, as the Committee to Protect Journalists said attacks continued into the weekend on news media, adding that the Egyptian government-owned media were making things even tougher on journalists. ReadWriteWeb: The Organization for Economic Co-Operation and Development has come up with a figure of $90 million for the financial cost of the Egyptian Internet blackout. It may be much higher. Newsweek: Parallels between Tahrir Square in 2011 and Tiananmen Square in 1989 haven't been lost on China's media censors. Newsweek: People are worried that similar shutdowns might occur in countries like Jordan, Syria, and Yemen, so hackers are working to set up alternative networks in those countries, just in case. Gawker: An image making the rounds features an Egyptian protester carrying a sign that reads, "Thank you, Facebook" in Arabic. Thanks for what? Facebook has done as little as possible to help Egypt's protesters. It should do more.
Super Bowl Ad Review: It Was Bieber Fever And Eminem Epidemic (AdAge)
Thank god for Justin Bieber, Timothy Hutton, Best Buy, Groupon. and CPB. And please bless Chrysler, Eminem, and Wieden & Kennedy. WSJ: A mini Darth Vader, the E*Trade talking baby, and Bieber Fever scored points during Sunday night's Super Bowl in a game where commercial time largely lacked the laugh level of past years. AdAge:AdAge gathered all of the Super Bowl ads and presents them here for your viewing pleasure. Business Insider: The biggest moment any singer can ask for: "The Star Spangled Banner" at the Super Bowl. And Christina Aguilera messed up the lyrics. Multichannel News: Law enforcement officials arrested a former Cox Communications employee in Arizona for allegedly inserting a brief hard-core porn clip into the 2009 Super Bowl broadcast carried on Comcast's Tucson system.
The Daily Has A Big Problem (paidContent)
The Daily has all of the elements to get people in the door: a splashy, hyped launch; the formidable marketing power of News Corp. and Apple; plus it's free for two weeks. It's also buggy, which means a lot of that may go to waste and a "please try again" campaign should be in the works. AllThingsD / MediaMemo: News Corp. worked very hard to get Apple's assistance and endorsement as it launched The Daily. But it's not going to be exclusive to Apple's tablet forever. ReadWriteWeb: In my own testing, I've found The Daily to be inferior to my current iPad "newspaper" of choice: Flipboard. Wired / Epicenter: What's really new about The Daily? Certainly not the 360-degree photographs you can pan and tilt. The carousel of story pages resembles Coverflow on iTunes. If innovative user interfaces are your thing, The Daily will leave you cold. On Twitter, after the launch event, Dave Winer suggested that it was "time for a nap."
Brown's Web Woes (Mediaweek)
The Daily Beast's executives are stars of the magazine world, but do they know what they're doing online?
NYT's Keller Almost Ready To Admit WikiLeaks Is Journalism (GigaOM)
Although The New York Times worked closely with WikiLeaks and its leader, Julian Assange, in order to get access to and report on thousands of documents relating to the war in Afghanistan, executive editor Bill Keller made it clear that he did not consider Assange a journalist, nor did he think of WikiLeaks as being in any way a journalistic entity. Based on some comments Keller made at a symposium at Columbia University Thursday, however, he may be changing his mind. NYT: As Assange fights extradition to Sweden to face allegations of sexual wrongdoing, one-dozen of his former colleagues are creating an alternative Web site for leaks to be governed by what they characterize as a revised vision of radical transparency.
Yahoo! Is Said To Move Toward Personalized Content (NYT)
Confronted by declining revenue and a steady stream of prominent departures, Yahoo! plans to announce that it is developing a publishing platform for applications that would let users get personalized content on their phones and other mobile devices.
Myspace's Future Gets Fuzzy (WSJ)
News Corp.'s early talks to sell Myspace have focused on deals in which the conglomerate would retain a stake in the struggling social-media and entertainment Web site, according to people familiar with the matter.
Bill O'Reilly's Network Interview With President Obama (TVNewser)
Fox News Channel's 8 p.m. host, Bill O'Reilly, interviewed President Barack Obama live from the White House during the Fox broadcast network's hours-long Super Bowl pregame show. O'Reilly also asked Obama additional questions after their allotted 15 minutes were up. Those questions will run on The O'Reilly Factor Monday.
Hearst Adds Elle, But New Global Footprint May Mean More In Long Run (AdAge)
Hearst finally secured control of Elle magazine in its $892 million mega-deal with Lagardère last week, adding a top fashion title to its portfolio and bolstering its ability to compete with Condé Nast for luxury advertisers' business. Perhaps more important in the long run, however, the pact significantly expands Hearst's already considerable footprint in magazines around the world.
Rolling Stone Expands Licensing Business (WWD / Memo Pad)
Hard Rock Cafe has a new competitor in Rolling Stone. With a restaurant on the way and a new deal signed with IMG, the magazine plans to extend its licensing business into new categories, including electronics and gaming and fashion-based products that are inspired by the magazine's rock 'n' roll roots.
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