Aggregated media news

-MEDIA WIRE DAILY Do you own a start up web venture that's doing respectable business or getting respectable traffic or both? Do you want to cash out and become an instant millionaire? Then get your shit together, because Disney is going on a shopping spree for a bunch of websites like yours and they want to do it over the next 24 months [TechCrunch] The New York Times can't afford to keep on staff and they can't afford to hire any either [NYO] LinkedIn and Wall Street Journal? Now that's more like it [VB] Ad revenue is down at Ebony magazine. Three ad execs got canned and one of them was shocked when the axe fell in the middle of his forehead. [Folio]