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jobs
Dan Froomkin Becomes Latest Refugee at Huffington Post
The trail between the Washington Post and Huffington Post is becoming something of a pipeline: ousted liberal WaPo columnist Dan Froomkin has landed at Arianna Huffington's well-funded website. His new home may be worse than the old one. More » -
moguls
Arianna Huffington Discovers 'Weird Porn' on the Internet
Though she's been depicted strangling newspapers and stealing their content, Arianna Huffington was just warmly praised by the Washington Post's publisher. There are several reasons for this, starting with her comment about "very weird porn." More » -
twitterati
The Twitterati Refuse to Sell a Horse for an Aeron Chair
These tweets are made for venting. Joanna Pearlstein, Susan Orlean, Jim Louderback, and other media twits found plenty to complain about on Twitter: More » -
print is dead
How to Pry Money Out of Google
The New York Times and Washington Post are in informal talks about the online news business. The obvious subtext: The newspapers want Google to pay for their headlines. They're going about it all wrong. More » -
twitterati
Saucy Twitterati Dream of Puppies Dressed as Gene Simmons
What did I learn from Twitter today? Diablo Cody thinks dicks are dicks, Ruth Reichl makes a mean Gene Simmons, and Michelle Obama has her own big-media stalkerblog. Excellent! More Twitterings from the media elite: More » -
facebook
WaPo chief's Facebook board seat a $2 billion consolation prize
Don Graham, the Washington Post CEO, has joined Facebook's board of directors. Had he not been such a nice guy, he might have had the gig three years ago. -
death of print
5 ways the newspapers botched the Web
Here's our theory: Daily deadlines did in the newspaper industry. The pressure of getting to press, the long-practiced art of doom-and-gloom headline writing, the flinchiness of easily spooked editors all made it impossible for ink-stained wretches to look farther into the future than the next edition. Speaking of doom and gloom: Online ad revenues at several major newspaper chains actually dropped last quarter. The surprise there is that they ever managed to rise. The newspaper industry has a devastating history of letting the future of media slip from its grasp. Where to start? Perhaps 1995, when several newspaper chains put $9 million into a consortium called New Century Network. "The granddaddy of fuckups," as one suitably crotchety industry veteran tells us, folded in 1998. Or you can go further back, to '80s adventures in videotext. But each tale ends the same way: A promising start, shuttered amid fear, uncertainty, and doubt. More » -
online advertising
Microsoft hopes you'll make friends through its new banner ads
Microsoft-owned ad agency Avenue A/Razorfish has a new product out that's supposed to solve the problem of how easily Web users ignore banner ads. AdLife ads run at the size of a regular banner, but include social features like customer reviews, a feedback button, and of course, user-generated content. AdLife is going through a three-month test right now with publishers WashingtonPost.com, USAToday.com and CircuitCity.com participating. If all goes well and clickthroughs pick up, expect Microsoft to push the product on any agency hoping to advertise on its network. As Avenue A/Razorfish exec Shiv Singh naively put it to AdWeek: "It would be unfair in the long term for it to be totally closed." Singh's title: "global social media lead," which tells us everything we need to know. -
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great moments in journalism
Wired has nothing against "ButtMunch" — excuse me, TechCrunch
Reading the latest in the spat between Wired's Epicenter blog and Michael Arrington over the Washington Post's deal to syndicate TechCrunch articles and the ethical propriety of the TechCrunch editor's investments in startups his blog covers, I noticed that the post was in the category "ButtMunch." The latest post states that "We have nothing against Arrington," but the tag originated last week in a post that accused TechCrunch of pilfering a story angle related to Steve Ballmer's continued tenure at Microsoft in the wake of the Yahoo deal. More » -
we read twitter so you don't have to
Michael Arrington doesn't appreciate Wired's abuse of his ethics
Wired on TechCrunch's syndication deal with the Washington Post:We've got nothing against TechCrunch, but it seems crazy-crazy to us that the Washington Post, a paper known for the sort of reporting that can take down U.S. presidents, is publishing content written by a dude who invests in the companies he writes about.
Which naturally prompted the characteristically vulgar response from Michael Arrington, TechCrunch editor and bastion of indecorous surliness. Portfolio.com quotes Arrington: "Journalism is evolving." -
newspapers
America's Pernicious Pulitzers
America's newsrooms are in a state of excitement: the Pulitzer prizes for excellence in journalism have been awarded. Washington Post, winner in six categories, is said to be particularly febrile. "It's a pretty amazing atmosphere over here right now," one reporter told Media Mob. "The big editors are roaming around with big smiles." (Update: this is what counts as jubilation.) Too bad the payout is only $10,000 per prize: the Pulitzers aren't going to finance American journalism; in fact, one can make the argument that these self-congratulating awards, and the attention devoted to them, are symptomatic of the decline of the newspaper industry.
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great moments in pr
Warren Buffett owns newspapers, undermines them
Who needs journalists, really? That's what Business Wire argues. Warren Buffett, the billionaire CEO of Berkshire Hathaway, picked up Business Wire in 2006. He claims not to be tech-savvy, but this investment suggests otherwise. Press releases distributed by Business Wire are picked up directly by services like Google News and Techmeme. As a source, Business Wire ranks 32nd on Techmeme's list — not a bad performance. Buffett also owns a large stake in the Washington Post Co. But if that goes bust thanks to the advent of online media, it seems like Buffett picked himself a nice hedge. -
media
In sports, Yahoo and ESPN are making writers rich
ESPN and Yahoo Sports are on a hiring binge, bringing six-figure salaries to the generally tame world of sportswriting and stealing talent from print publications who can't afford anything close to the lucrative offers Yahoo and ESPN are serving up. The Washington Post has lost three writers to ESPN in 18 months. ESPN poached longtime Sports Illustrated scribe Rick Reilly for $3 million a year — substantially more than the $1 million he was already rumored to get from the Time Warner-owned magazine. "We are seeing free agency for sports journalists," says Leigh Steinberg, a top sports agent. More » -
rumormonger
Digg close to a $300 million sale?
Digg is close to announcing its sale to a major media player for $300 million to $400 million, according to sources close to the company, I hear. When I floated this Digg rumor past some knowledgeable friends, several scoffed: "When isn't Digg up for sale?" It's true: The news-discussion site is perpetually in talks — but we hear the price tag always sinks potential deals before they're consummated. CBS, for example, backed off, with effervescent dealmaker Quincy Smith citing the media company's bubbly $280 million purchase of Last.fm as the reason it couldn't bid a high price for Digg. Things are different now, though. More » -
great moments in journalism
Hey, folks! Check it out: The Washington Post has done a really well-researched story about layoffs at AOL. I wonder where they got all that incredible detail. [Washington Post] -
stocks
Google's stock price has passed the psychologically important but otherwise meaningless $600 barrier for the first time. Want some other high-flying tickers? Try the Washington Post Company at $803 or Warren Buffett's Berkshire Hathaway — currently trading around $121,000 per share. Of course, despite the difference in absolute stock prices, Google and Berkshire Hathaway have roughly the same market capitalization — a perfect illustration of why the price of a stock, out of context, has no meaning. -
reality check
Tech blogger on HuffPo: "Can you say IPO?" Answer: "No."
The new editor at TechCrunch, Erick Schonfeld, has gotten a little IPO-crazy in these heady days of Bubble 2.0. The best guess we've seen on a Huffington Post valuation is $60 million which, for a media company, is a drop in the bucket. We can't remember a tech or media company going public with a valuation anything like that. Huffington Post is the most unlikely IPO candidate since Wired in 1996 — and Wired had substantially more revenues and a real magazine business. Maybe we were onto something with the whole cheese thing. More likely? An acquisition. More » -
deadpool
Hold the phone! Apparently THE INTERNET IS DEAD
I forgot one detail when reporting on the brilliantly researched Washington Post story, "MySpace Is So Last Year" (subtitle: "Please read our paper please"). The Post uses the following quote as its story-ending clincher: More » -
myspace
The Washington Post is so last January, and two other things the paper tried to hide
BREAKING NEWS! SEVERAL STUDENTS AT FALLS CHURCH HIGH SCHOOL AREN'T ON MYSPACE AS MUCH AS THEY USED TO BE! More » -
ning
In Brief
- Om Malik discusses Microsoft's fear of online apps. Apparently they've never been to Ning, home of web2.0 abandonware, with notable apps like Who's a Bigger Douche. [Business 2.0]
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eric schmidt
A spectre looms over Apple
Just wanted to show you the Washington Post's finest example of photojournalism. It's like one of those optical-illusion puzzles — stare at the small version of Eric, and he's adorably dorky. Stare at the giant on-screen version, and he's about to swoop down and eat your soul. More » -
washington post
Naming the baby: Slate too smart? Try the Post.
The Washington Post ran a nifty little article last week about new names for The Artist Formerly Known As Web 2.0. But something seemed familiar — especially to Slate, who ran the same piece last month. In fact, it's time for another fun chart! More »
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