Top news for the week of May 1-6:
► Judy McGrath, longtime CEO of MTV Networks, resigns
► Daily News claims early FDNY tip about Bin Laden’s death
► Chrome powered with Google’s biggest TV campaign yet, from Bartle Bogle Hegarty
► Twitter acquires TweetDeck for estimated $45 million
► Christina Norman out at OWN: The Oprah Winfrey Network
► Hearst doubles down: mag subs to be sold in iTunes; will sell AOL’s large-format digital ads
► Condé Nast close to iPad deal
► Sarah Watson named chief strategy officer at BBH N.Y.
► AT&T broadband cap arrives; $10 for every additional 50 gigabytes
► Every Day With Rachael Ray nabs Details’ Paul Jowdy as publisher
► AOL HuffPo’s Jai Singh goes to Yahoo Media Network as EIC; HuffPo’s Nico Pitney promoted to ME slot
► AOL’s Q1 profit drops 86% from Q1 2010
► WPP and IPG partner to provide licensing services for clients
► Warner Bros. Home Entertainment buys Flixster, Rotten Tomatoes
► Nick Ascheim, AP GM of digital and key to its expansion plans, bolts for BBC
► Pandora expands into funny with Comedy Genome Project
► Wall Street Journal holds on to crown as top-selling U.S. paper
Quotes of the week:
"Stop the presses!"
—Order given in The New York Times newsroom in response to Bin Laden news; reportedly only the third time the words were said there in 43 years
"As long as News Corp. is plagued by hate speech, illegal activity, and misinformation, you’ll be a global pariah."
—Media Matters for America in a full-page print ad calling on James Murdoch for News Corp. changes
"Arguing on Twitter is like wearing a fedora. Stop it, you look like an asshole."
—Funny or Die
"Stigma is not an effective motivator."
—Rebecca Puhl, a Yale University psychologist, commenting on an anti-obesity initiative in Georgia using overweight children in ads
"[Facebook is] the most appalling spying machine that has ever been invented."
—Wikileaks’ Julian Assange in an interview with Russia Today