Media Digest 6/11/2007 Reuters, WSJ, NYTimes, FT, Barron's

According to Reuters, a hedge fund has taken a position in Barclays (BCS) and its urging it to drop its bid for ABN Amro.

Reuters writes that private firm Alchemy is lining up $5.9 in an attempt to buy Land Rover and Jaguar from Ford (F).

Reuters reports the Iran's oil minister says there is no shortage of oil and that OPEC will not raise output.

The Wall Street Journal reports that, at one point, Microsoft (MSFT) and GE (GE) considered a joint bid for Dow Jones (DJ).

The Wall Street Journal also writes that Google (GOOG) complained to antitrust officials that Microsoft's operating system puts rivals at a disadvantage.

The Wall Street Journal also reports that Disney (DIS) is in a joint venture with India's Yash Raj Films to created animated films for the fast growing market.

The New York Times reports that "Sony Online intends to unveil its plan to retake leadership in online gaming by unveiling three new games in development."

FT reports that Hollywood studios are in talkw with Apple (AAPL) about starting a video rental service.

Barron's reports that Credit Suisse has rated Nortel (NT) underperform

Douglas A. McIntyre