Could Google buy Twitter? Ask Arrington, then ask Swisher

April 3, 2009

******We sprinkled updates into this blog. We’re highlighting them like this.******Thanks to TechCrunch, U.S. tech reporters are about to spend another weekend working instead of playing. UPDATE: Or maybe Kara Swisher at All Things D will save them!******Two sources told proprietor Michael Arrington that Google “is in late stage negotiations to acquire Twitter.” He wrote:***

We don’t know the price but can assume its well, well north of the $250 million valuation that they saw in their recent funding.

Now showing: The cable show

March 31, 2009

The big story in the media for the rest of the week is the annual National Cable Telecommunications Association Show, or “the cable show,” as its commonly called.

Fox, New York Times sue U.S. government

March 23, 2009

The latest by-product of the financial crisis? Media lawsuits. More specifically: Government agencies deny or fail to respond to Freedom of Information Act (FOIA) requests by media organizations, which then sue to force the government to own up.

More work, same pay at New York Post

March 10, 2009

New York Post newsroom staff are grumbling about a new work rule that essentially pays them the same amount of money, but for more work.

Murdoch daughter disses dad

February 25, 2009

Courtesy of Richard Siklos, Fortune’s media writer extraordinaire, who just posted this on the website on Tuesday:

Chernin parachutes, Murdoch keeps flying

February 25, 2009

News Corp President and Chief Operating Officer Peter Chernin’s perks after he leaves News Corp at the end of June are basic compared with some legendary golden parachutes, though they’re still worth more money than I make in a year. Or 10 years for that matter.

Rough day for Murdoch. Or is it?

February 24, 2009

One has to wonder what today is like for a media chief as mogul-y as Rupert Murdoch, whose

Looks like Yahoo’s not buying Tumblr

February 10, 2009

Gawker/Valleywag created a bit of stir on the blogosphere Monday with its report that Yahoo was in talks to buy blogging startup Tumblr for “low to mid-eight figures,” or as much as $50 million.

Murdoch wants newspapers, just not The New York Times

February 6, 2009

Michael Wolff, author of the recently published Rupert Murdoch tell-all, “The Man Who Owns the News,” says that the News Corp chief executive would love to buy The New York Times. The only thing standing in his way is the Ochs-Sulzberger family which controls the Times. If they’re anything like the Bancrofts, former controllers of Dow Jones/Wall Street Journal, only an insane amount of money might persuade them to let go of the prized but struggling newspaper publisher.

Write this down: News Corp

February 2, 2009

News Corp is many things to many people. Its latest incarnation? Pinata.

Everyone is taking a whack at Rupert Murdoch’s international media empire these days as its stock languishes and it gets ready to report second-quarter financial results on Thursday. Newspaper advertising revenue is falling, the movie season hasn’t looked so hot so far, MySpace is unlikely to friend Facebook, the euro and the pound are hurting European operations, DVDs are dying and cable networks revenue doesn’t look like it will be able to compensate.