The Morning Lowdown 10.15.10

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Credit: Corbis / Patricia Curi

»  As expected, Warner Bros. (NYSE: TWX) Television Group has acquired a majority stake in UK production company Shed Media. [The Wrap]

»  Thanks to some timely scandals the past few days, Gawker Media overtook Huffington Post and Drudge Report, albeit fleetingly. [Romenesko]

»  IAC

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