This story was written by Joseph Tartakoff.
» IAC-owned The Daily Beast has made another big name hire: LA Times TV editor Kate Aurthur is joining the online pub as its West Coast editor. [The Wrap]
» Expect a big Michael Jackson documentary this fall. Sony (NYSE: SNE) just spent $60 million to buy footage of Michael Jackson’s final concert rehearsals and plans to use it in a film due out Oct. 30. [Bloomberg]
» Bankrupt newspaper company Tribune Co. wants to pay its executives $70 million in bonuses. [Alley Insider]
By Joseph Tartakoff