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News Corp. May Walk Away From Dow Jones, Analyst Says (Bloomberg)
Rupert Murdoch's News Corp. may be preparing to walk away from a $5 billion bid for Dow Jones & Co. after trying without success to win support from the controlling Bancroft family, Pali Research analysts said. News Corp. is "increasingly frustrated" with the failure of family members to respond to overtures by Murdoch, Pali's Richard Greenfield and Mark Smaldon wrote in a note to investors. VIDEO: BusinessWeek's Jon Fine and Vanity Fair's Michael Wolff discuss Rupe's bid.
Rival Books on Hillary Clinton Play Leapfrog on Debut Dates (NYT)
In the latest round of publishing one-upmanship, the two publishers of rival biographies of Hillary Rodham Clinton have moved up their on-sale dates once again. Alfred A. Knopf plans to start selling a biography by Carl Bernstein on June 5, and, on June 8, Little, Brown & Company will publish another book about Clinton by Jeff Gerth, a former New York Times reporter, and Don Van Natta Jr., a Times reporter.
Google Denies Secret Deals With U.K. News Companies (Ars Technica)
Scotland's Sunday Herald recently reported that Google has entered into secret deals with unnamed U.K. news organizations for the rights to use their material on Google News. But a Google spokesperson says the story is not true. "We have not changed our approach to Google News," said the spokesperson. "We believe Google News is legal."
A decision on Janet Jackson's Super Bowl half-time reveal won't come until close to the end of the year, at the earliest. The Third Circuit Court of Appeals in Philadelphia has set Sept. 11, 2007, as the date for oral argument in the case, CBS confirms. In another key case for the FCC, the same court has scheduled May 23 for argument in a challenge to FCC auction rules.
Time Inc. Launches Food Portal (AdAge)
Time Inc. continued its top-priority expansion into online media yesterday with the introduction of a food portal, MyRecipes.com, from its Southern Progress Corp. division. The site lets visitors search 25,000 professionally kitchen-tested recipes and serves the results next to ads, as of this morning, from marketers such as the Las Vegas Wynn and Weber grills. FishbowlNY: Time Inc. names CFO, quietly drops "magazines" from announcements.
Herald Asks Court to Reconsider Libel Verdict (Boston Herald)
The newspaper asked Massachusetts' highest court to reconsider its recent ruling upholding a $2 million libel verdict against the paper, arguing the court made a "key error" that was fundamental to the outcome of the case. The Herald asks the Supreme Judicial Court for "a dispassionate analysis" of reporter Dave Wedge's journalism and the testimony of sources the reporter relied on.
A software glitch cut service to an unspecified number of XM Satellite Radio Holdings Inc.'s customers on Monday, the company said. "Some customers are not receiving a signal," said Chance Patterson, XM's vice president of corporate affairs. "We don't know the exact number, but some." AP via FoxNews: XM will launch an Election 2008 station for political junkies.
New York Mag Will Put Some Online Fashion Coverage Into Print (WWD)
The magazine will reverse the usual print-to-Web trajectory by spinning off some of its online fashion coverage into a semiannual magazine. The visually driven New York Look will debut in November with an emphasis on the magazine's "5 x 10" format five examples of 10 trends that comprise "incredibly ruthless distillations of the trends of the season," says editor Adam Moss.
Editors Explore Recent Redesigns at Major Newspaper Sites (E&P)
When you've got one of the largest, most successful newspaper Web sites in the country (and the world), making major changes to your homepage can be a big roll of the dice. Still, if a site remains too static these days it risks falling behind. Editors from LATimes.com, WashingtonPost.com, and USAToday.com talk about how a redesign goes from a set of ideas and needs to an executed vision.
The talk queen tells us she's "shocked" and "disappointed" to hear that her 74-year-old pop, Vernon, is writing a book about her. Winfrey said she laughed recently when a reporter asked about the idea of her father writing a book, "but then my sister said, 'I think you should call your father.' I called him and it turned out he is writing a book."
Liberty Media Planning to Be Low-Profile Owner for Braves (Sports Business Journal)
Liberty Media executives won't be visible or maintain a high profile after their newly gained ownership of the Atlanta Braves. MLB approval of the complex transfer that shifted the club, a group of craft mags and $1 billion from Time Warner to Liberty was contingent upon Braves president Terry McGuirk remaining, and McGuirk will definitively be the public face of the franchise, Liberty officials said.
NYT Editor Abramson Sues Truck Driver Over Broken Foot (NY Sun)
New York Times managing editor Jill Abramson is suing truck driver Oscar Ernesto Lara for unspecified damages, alleging he ran her over near the newspaper's Times Square headquarters on May 8th. The suit accuses him of "negligence, carelessness, and recklessness," causing her "to suffer severe and serious personal injuries to mind and body," and "great physical pain and mental anguish."
An online movement is afoot to bring back the just-canceled CBS drama. The show seemed like it was going to be a hit but a large chunk of its audience disappeared during its winter hiatus. CBS announced last week that it would cancel Jericho because the show had "lost its engine," but since then, passionate Jericho fans have organized and bombarded the network with letters and e-mails.
The Media's Hand in the Iraq War (CSM)
Bill Roggio: "In some respects the media coverage in Iraq has improved, such as the recent reporting on U.S. success in suppressing Al Qaeda and the insurgency in Anbar Province. But as a whole, the coverage in Iraq lacks context, and reporters as a whole display a lack of knowledge of counterinsurgency and the role the media plays in an insurgency's information campaign."
Ad Limits Seen as Way to Curb Youth Smoking and Drinking (NYT)
Price-cutting and other marketing strategies widely used by the tobacco and alcoholic beverage industries are highly effective in encouraging children and teenagers to smoke and drink, according to two new studies. Researchers showed that point-of-sale advertising and other marketing significantly increase the likelihood that junior and senior high school students will try smoking or become habitual smokers.
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