Digg sale rumor circulates

Jeff Bewkes looks forward to his turn in the plush, leather-lined driver's seat at www.timewarner.com Time Warner, and speculation centers on whether the old-school Time Inc. and the foundering AOL will be the first units on the chopping block.

Jeff Bewkes looks forward to his turn in the plush, leather-lined driver's seat at www.timewarner.com Time Warner, and speculation centers on whether the old-school Time Inc. and the foundering AOL will be the first units on the chopping block. This, as part of his new strategy of focusing on profitability, for a change. In other media mogul news, NBC wunderkind Ben Silverman calls his top competitor a “moron,” and Rupert Murdoch reveals—BWAHAHAHA—he has Dow Jones RIGHT where he wants it!

Spotlight: Digg.com

Silicon Valley rumors say that Digg, the mildly interesting user-rated news site, may soon be sold to “a major media player” for $300-400 million. Valleywag fingers the New York Times or the Washington Post as likely acquirers, but lips seem to be sealed all the way around. Wired points out that we've heard rumors like this before about Digg, to no avail. I have to agree with TechCrunch: Sell the bastard, already!

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