Hello, American Pie! Why a 40-Year-Old Song Became This Weekend’s Viral Video

Because it’s fun, because it’s a long weekend, and because the people of Grand Rapids, Michigan, have an axe to grind.
american pie grand rapids

Stereo Magnate Harman Dies

Sidney Harman, the founder of a stereo-equipment empire who last year purchased Newsweek magazine, died Tuesday night of complications from acute myeloid leukemia. He was 92 years old.

AOL-HuffPo Deal Officially Closes Today–More Big Media Hires Signal New Content Direction Under Arianna

AOL will officially close its $315 million acquisition of the Huffington Post today, sources said, only one month after it was struck. To celebrate, the now-official content head Arianna Huffington will be poaching another clutch of big journalists to add to AOL’s new Huffington Post Media Group unit.

Backstage at the Onion's New TV Show

The Onion lands its second TV show in a month–this one is the pitch-perfect “Onion News Network” on IFC–and we sit down with head writer Carol Kolb.

Facebook to Big Media: We Like You. We Really, Really Like You.

Facebook has 550 million friends, but it’s working extra hard to woo a very specific group: Heavyweight media companies. It might be working! See: A proposed linkup between the social network, Time Warner’s cable channels and Verizon’s FiOS TV.

Catching Up With Factual CEO Gil Elbaz

When you want to build an application that uses lots of data, one of the fundamental questions is this: Where does the data come from, and how do you get it into the application? Gil Elbaz, the man who created what’s now Google AdSense, thinks he has the answer.

Apple, Publishers Still Miles Apart on iTunes Subscriptions

Here’s Apple’s most recent offer, which publishers still don’t want. Maybe Google can help….

Tumblr Falls Into a Really Big Pile of Money

Sequoia leads a giant round that could value the company at more than $140 million. Whatever the final number is, it’s a lot. So it’s either too much for a company that still doesn’t generate real revenue, or a bargain for a company that’s growing like gangbusters. Place your bets!

QOTD: The Old Media – New Media – Old Media Round Trip

Well, I managed to leave print journalism for all of four weeks.

Daily Beast media columnist Howard Kurtz, whose work used to appear in the Washington Post, and will now appear in Newsweek, now that the magazine is merging with his new employer.

Newsweek, Daily Beast to Merge

Newsweek magazine and news website The Daily Beast have agreed to a deal that will make Daily Beast co-founder Tina Brown the editor-in-chief of the combined operation, according to people familiar with the situation, three weeks after they abandoned talks of a merger over a disagreement about control.

Three Cool iPad Ads

Newest Media Cuts: Newsweek