Hearst Taps Demand Media’s Bradford and Yucaipa’s Johnson to “Redefine” the San Francisco Chronicle

Can the City by the Bay finally get the newspaper it deserves?
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Reuters Social Media Editor Charged With Helping Anonymous Hackers

He’s accused of helping a hacker gain access to the Los Angeles Times content system.
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We Are All Huffington Post Now

Hey, what time do the Oscars start, anyway?
give the people what they want

Overwhelming Evidence

Clearly, the evidence, to us, spoke overwhelmingly. There was no question about it.

— Apple-Samsung jury foreman Velvin Hogan, to Emily Chang of Bloomberg West, in an interview on Bloomberg TV yesterday

Timing of Microsoft’s “Xbox 720” Hinted at in Lawsuit

Microsoft is not saying when it will be unveiling a new Xbox console, but thanks to a lawsuit between Activision and some former employees, timing details are a little clearer.
Xbox 360 at E3

NewsCred Raises $4 Million for Its Web-Based Newswire

Expensive content on the cheap: A start-up that licenses stuff from the likes of Reuters, Bloomberg and Forbes.
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Did Starz Turn Down $300 Million a Year From Netflix to Make the Cable Guys Happy?

New theory behind the Netflix/Starz breakup: Netflix was willing to pay up — it just wasn’t willing to price its service like a cable channel.
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How to Handicap Hulu, Even Before a Sale

What if you had to wait eight days to watch last night’s “Office” on Hulu, unless you were a cable subscriber? That would make Hulu a lot less valuable, right?
the office dwight

News Byte

Elvis, Muhammad Ali and American Idol Sold For $509 Million

CKX, the holding company that owns the production company behind “American Idol,” is being sold to private equity firm Apollo Global Management for $509 million. Besides 19 Entertainment, CKX also owns licensing rights for Elvis Presley and Muhammad Ali, as well as a majority share of Presley’s Graceland mansion. Deadline and the LAT have good background.

Big Media Tells Big Media That Hulu Is Hurting Big Media

“Modern Family” is a hit online, but that popularity may hurt its value down the road.

China Drops Google’s Call

Bing Gets a Spring Revamp