Headlines From the Week in Media

Kudrow to host Webbys, TWC's new sports guy, and more from the week that was

Top news from the week of May 23:



Internet ads up 23% over Q1 2010

► Barnes & Noble’s NOOK Color surprise hit for women’s magazines

► Fox wins broadcast season in 18-49 demo—for 7th time in a row

► 18-49 demo down on traditional TV—for 2nd year in a row

► Hearst poised to close May 31 on deal to buy Lagardère’s magazines outside France

Google Wallet launches; PayPal sues for alleged use of trade secrets

► StrawberryFrog ex-chief strategy officer Ilana Bryant sues shop; shop plans countersuit

► Sears selects mcgarrybowen to handle brand image creative account

► Arnold continues digital hiring spree with Digitas’ Elliott Seaborn

► Hard-core game developer Kabam raises staggering $85 million

► AOL TV relaunches in partnership with i.TV

► David Rone named president of sports at Time Warner Cable

Lisa Kudrow to host June Webbys             

Jared Sandberg leaves WSJ to become editor, Bloomberg.com

BzzAgent acquired by dunnhumby, shopper data unit of U.K. retail giant Tesco

► Lisa Gersh new pres/CEO, Martha Stewart Living Omnimedia

► SNL Kagan projects retransmission fees will skyrocket 28% this year

Stoli lands Berlin Cameron as new creative shop