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Headlines From the Week in Media

Groupon files for IPO, PBS changes its ad model, and more from the week that was
A Groupon for Groupon

A Groupon for Groupon | Photo Illustration: Alfred Maskeroni

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Top news from the week of May 30:

 

Groupon files S-1;  IPO feeding frenzy set to begin
► Hearst, Hachette done deal; exec musical chairs begins
PBS ad model changes; programs to receive commercial breaks
“Like”-like buttons launched by Twitter (“Follow”) and Google (“+1”)
► Facebook approaches 700 million users worldwide
Hulu strikes content deal with Miramax
► Upfront update: Fox wraps things up, sales approach $2 billion
► Nike hires Annie Leibovitz for female-targeted “Make Yourself” ad campaign
Claudia Strauss hired as CEO of Grey Group’s Alliance
► DDB Stockholm’s Andreas Dahlqvist joins McCann Erickson N.Y. as vice chairman
Jennifer Aniston goes topless for Smartwater
YouTube’s new Creative Commons license lets users repurpose content
► London-based Karmarama sells 50% stake to Phoenix Equity Partners
► Google to charge for directions with AdWords’ location extensions
► Shopping net HSN adds videogames to website
► Gilt first to sell Google’s new Chromebook laptop
Myspace auction limps along; bidders get updated financial info