paidContent Quick Hits 5.26.10

Sumner Redstone

»  Sumner Redstone says he will “N-E-V-E-R” sell *Viacom* or *CBS*. [Reuters]

»  *Amazon* now has 12 percent of the digital music market in the U.S., up from 8 percent a year ago. Those gains however aren’t coming at Apple’s expense. [MediaMemo]

»  Twitter ad startup Ad.ly insists — strangely — that it won’t be impacted by the recent changes Twitter has made to its ad policy. [Business Insider]

»  John Battelle says Federated Media’s revenue is now in the “high eight figures,” up from under a half million in 2005. The company has also posted net income for the first time so far this year. [John Battelle’s Searchblog]

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