Google may be in talks to acquire Twitter – According to TechCrunch, the search engine giant Google is in talks to acquire the micro-blogging site Twitter for well over its $250 million evaluation. Google is said to have an interest in Twitter’s ability to search the thoughts of the Web in real time. In separate reporting, BoomTown’s Kara Swisher denies the two are close to a...
Media Industry Archive
April 2009
Speaking at an annual cable TV show in Washington, D.C., earlier today, the biggest media mogul of them all, Rupert Murdoch, launched a direct attack on Google and Yahoo. “The question is, should we be allowing Google to steal all our copyright… not steal, but take,” said Murdoch, as reported by Reuters tonight. “Not just them but Yahoo.” Murdoch is saying nothing...
Even if you never watched the show, you probably saw that CBS and the program’s sponsor, Procter & Gamble, pulled the network plug on soap opera “The Guiding Light” after a mere 72 years coming over one form of airwave or another. Of more interest than the cancellation (since most daytime soap operas are flirting with death), is the still open question of what happens to...
With the appointment of Jon Miller to head its digital operations, News Corp. has found a guy who is not afraid to take a chance or two, and at a time when its flagship digital property, MySpace, is struggling to find new ways to generate revenue — and all media companies are trying to build out a better digital model — that’s a good thing. At AOL, Miller presided over several...
Bump into most of your current and former colleagues in the media business these days and you’ll see that awful dazed look of a deer caught in the headlights — trapped by the fear that there is nowhere to go. Not so Tom Hartle, the CEO of Hartle Media, and owner of a gaggle of magazine titles including San Francisco’s leading city magazine, 7×7, as well as California...
One of President Barack Obama’s first acts after he assumed office was to lift what might be called the “Dick Cheney veil of secrecy” over government documents, by ordering all executive agencies and departments to “adopt a presumption in favor” of Freedom of Information Act requests. “The Government should not keep information confidential merely because...
Sun-Times files for bankruptcy — The parent company of the Chicago Sun-Times and 59 Chicago-area newspapers has filed for Chapter 11 bankruptcy. The Sun-Times is the second Chicago-based newspaper company to declare bankruptcy: The Tribune Co. filed late last year. The Sun-Times was spending $5 million in cash a month and posted a $344 million operating loss for 2008. In a twist, after...
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