Cityfile: New York's Most Notable and Influential

• The New York Times Co. reported a $35.6 million loss for the third quarter as ad revenue plunged 30 percent. But it was better than what Wall Street analysts were predicting, so the stock shot up 22 percent today. [NYT]
• New York magazine's chief says there are no plans to sell the magazine following last week's death of owner Bruce Wasserstein. [AdAge]
• Newsday plans to charge $5 a week to access to its website. [NYT, [E&P]
• Fortune is cutting back on the number of issues it publishes. And Time Inc., Fortune's publisher, is planning another round of job cuts. [WSJ]
• On the same day Sarah Palin's memoir is published, the Nation will release Going Rouge, an identical-looking book that mocks the ex-governor. [Politico]
• As if losing billions of family money wasn't enough of a punishment, France says it plans to put Warner Music chief Edgar Bronfman Jr. on trial for insider trading in connection with the 2000 merger of Vivendi and Seagram. [NYP] More

• It's Tuesday, which means fresh job cuts at Condé Nast have been revealed. In addition to the dozen Glamour staffers laid off yesterday, Style.com will cut Candy Pratts Price. And 200+ more layoffs could be ahead. [WWD, NYP, FWD]
• Maybe Condé Nast's fancy iPhone application, which was announced today, will stem the red ink? Maybe not. But it certainly can't hurt either. [AdAge]
• BusinessWeek editor-in-chief Steve Adler says he will step down once the sale of the magazine to Bloomberg LP is completed in about a month. [BW]
• Sarah Palin will be Oprah's guest on November 16 as the former governor embarks on her book tour. Many of her fans aren't happy, unsurprisingly. [CT]
• The search for a Good Morning America co-host continues at ABC News. The front-runner at the moment seems to be George Stephanopoulos. [LAT]
• Malcolm Gladwell says journalists shouldn't go to journalism school. [Time]
• Harvey Weinstein's book publishing company is giving up its independence. It will be combined with Perseus Books starting December 1. [WSJ] More

ABC announced last month that Diane Sawyer would depart Good Morning America at the end of the year to replace Charles Gibson as anchor of ABC's World News. Now we hear that the morning show's co-anchor, Chris Cuomo, is leaving the program as well. According to a well-placed source, Cuomo plans to move over to 20/20, taking over for John Stossel who left ABC in September to join Fox News and Fox Business. More

• So how did Jay Leno's new show do? He hit it out of the park ratings-wise, roping in an estimated 18 million viewers. The reviews were all pretty lousy, though, so don't be surprised if it's all downhill from here. [AdAge, LAT, THR]
• The sale of BusinessWeek: Bruce Wasserstein has dropped out as a potential acquirer of the struggling mag. And it's cutting 20% of its staff. [BW, NYT]
• ABC News has apologized to the White House for Nightline anchor Terry Moran's tweet about Obama calling Kanye West a "jackass." [LAT]
• Speaking of the White House, Barack Obama will be David Letterman's guest on Monday night; it's the first time a sitting president has done the show. [NYT]
• Oprah's season premiere scored big thanks to Whitney Houston. [Wrap]
• The House of Harvey has sustained another blow: Harvey Weinstein's 70 percent stake in the home-video distributor Genius Products, once worth as much as $400 million, is now pretty much worthless. [NYP]
• Speaking of the film mogul, The Weinstein Co. picked up the rights to A Single Man, designer Tom Ford's debut film, at the Toronto Film Festival. [THR] More

• It looks like there's a new frontrunner to take over BusinessWeek. Mayor Bloomberg's media company, Bloomberg LP, has bypassed Bruce Wasserstein as the leading contender to take over the McGraw-Hill-owned mag. [NYP]
• After close to three decades at ABC News, John Stossel is leaving the network to join Fox News and Fox Business Channel. [FNC, TVN]
• Not all magazines are closing down or trimming operations. Cesar Millan and IMG have launched a title for dog owners called Cesar's Way. [WSJ]
• There's been an editorial shakeup at O, The Oprah Magazine. [NYP, WWD]
• Will this season be the last for Oprah Winfrey's daytime talk show? [NYDN]
• Graydon Carter appears to have been granted a pass. The Vanity Fair editor reports he hasn't been forced to sit down with the flock of cost-cutting McKinsey consultants now prowling the halls of Condé Nast. [NYO]
• A judge has tossed out a lawsuit by Missy Chase Lapine, the author who claims Jessica Seinfeld ripped off her cookbook last year. [AP]
• According to the Wall Street Journal, "Bonnet books," or Amish love stories, are "a booming new subcategory of the romance genre." Who knew? [WSJ]More

• Who's going to replace Diane Sawyer now that she's leaving GMA? No one knows, really, but expect the changes to the show to be significant. [NYT]
• Time is shutting down its fashion-centric spin-off, Time Style & Design. Editor Kate Betts will remain with Time; six other staffers have been let go. [WWD]
• Magazine publishers are bending over backwards and offering to design ads themselves in order to keep their advertisers from fleeing. [NYT]
• A frontrunner may have emerged to acquire the Boston Globe. [NYP]
• ABC and CBS have agreed to air President Obama's address to a joint session of Congress next Wednesday. Fox, however, probably will not. [THR]
• Hollywood writers just aren't earning the cash they used to, it seems. [NYT]
• Simon Fuller, the man who brought you American Idol, now has his sights set on fashion: He's one of the people behind a new site called Fashionair. [VF]
• One more reason to hope Jay Leno's new nightly show on NBC fails: If it succeeds, you can expect every other network to dump pricey one-hour dramas and replace them with crappy live events and even crappier reality TV. [Time]

• Confirming the rumors from a few weeks back, Fox Business says it will begin simulcasting Don Imus' radio show beginning next month. [LAT]
• The total number of advertisers that have decided to yank their ads from Glenn Beck's Fox News show, according to ColorofChange: 57. [NYDN]
• More on the transition at ABC News: Charles Gibson's decision to retire took ABC execs by surprise; an effort to get him to change his mind didn't work; and it's still unclear who will replace Diane Sawyer at GMA. [NYT]
• Is YouTube going to be the new Netflix? The site is reportedly in talks with Hollywood studios about renting new release movies online. [WSJ]
• Two new women have been added to the cast of SNL. [AP]
• Erin Andrews returns to ESPN tonight for the first time since that whole hote room videotaping incident went down a few weeks back. [NYDN]
• OK!'s circulation is dropping. Naturally, things will get much better just as soon as Kim Kardashian takes up her new post at the magazine. [AdAge]More

Shakeup at ABC Turns Bloody | Charles Gibson unexpectedly retired yesterday as the anchor of ABC's World News Tonight and then someone started talking trash about him at a party last night, leading to a "commotion" between Gibson defenders and detractors? Let's hope it wasn't Chris Cuomo who needed the ice! [Twitter]

• Charlie Gibson is retiring as anchor of ABC's World News Tonight at the end of the year; he'll be replaced by Diane Sawyer, who is stepping down as anchor of Good Morning America to take the job. And now Brian Williams will soon be the only man anchoring a nightly network newscast. [NYP]
• The 66th installment of the Venice Film Festival kicked off today. [THR]
• Thanks to the success of Royal Pains and Burn Notice, USA has scored the highest summer ratings in the history of cable television. [B&C]
• Current TV's Laura Ling and Euna Lee have broken their silence and are now describing some of what happened when they were captured in North Korea. Not all it, though. You'll have to buy their book to read the rest. [LAT]
• Is Jared Kushner looking to unload the Observer? That's the rumor. [Gawker] More

• The New York Times Co. is selling its classical radio station WQXR to WNYC Radio and Univision as part of a "complex deal." One thing that isn't complex: The sale will pump a much-needed $45 million into the paper's coffers. [NYT]
• Is Rupert Murdoch planning to buy the Daily News from Mort Zuckerman? That's what some are suggesting, although Mort is denying it. [DailyFinance]
• McGraw-Hill shouldn't expect to make much from the sale of BusinessWeek. In fact, the company may be forced to give the magazine away. [FT]
• Neil Patrick Harris has signed on to host this year's Emmy Awards. [NYDN]
• Russell Brand will be the host of the MTV Video Music Awards. [Vulture] More

• Looking to buy a struggling business magazine that's losing advertisers right and left? You're in luck. McGraw-Hill has put BusinessWeek up for sale.  [BN]
• The hottest interview in TV-land right now? Bernie Madoff, naturally. [B&C]
• Not such great news for the television biz: Most networks are experiencing a double-digit drop in summer ratings compared to last year. [USAT]
• MySpace is no longer a "place for friends." (That's what Facebook is for.) It's a Web site "for accessing entertainment and related information." [WSJ]
• Former Observer reporter Gabriel Sherman takes a look at Observer owner Jared Kushner in this week's issue of New York. Among other things, Kushner says he found the paper "unbearable" until he bought it. [NYM]
• Brüno's $30 million gross made it No. 1 at the box office this weekend. [THR] More

• Both NBC and ABC plan to pre-empt regular programming this evening to air specials devoted to coverage of the Jackson story. E!, MTV, and CNN (among others) have specials airing over the next few days, too. [NYT, THR]
• Time is publishing a special Jackson "commemorative edition" on Monday. For its part, Rolling Stone has a "bookazine" in the works. [NYT, NYT]
• How newspapers around the world covered the Jackson news. [Guardian]
• And how the Jackson story kind of broke the Internet. [ABC News]More

• The bleak outlook for network news is getting bleaker: Both the CBS Evening News and ABC's World News suffered all-time ratings lows last week. [HuffPo]
• CBS chief Les Moonves's compensation was slashed by 76 percent last year. He still earned $13.6 million, though, so don't feel too bad for him. [Crain's]
• Depressing: Monday's breakup episode of TLC's Jon & Kate Plus 8 was the most-watched episode of the show ever with 10.6 million viewers. [THR]
• MySpace is closing four of its international offices and cutting two-thirds of its staff abroad advertising falls and Facebook and Twitter take over. [NYT]
• A woman in Massachusetts has filed a lawsuit against Elisabeth Hasselbeck for allegedly ripping off her self-published book on celiac disease. [BH]
• Bravo honcho Andy Cohen is going to be hosting a live show once a week called Watch What Happens. You can watch what happens on July 16. [LAT]More

• Walt Disney reported that profits plunged 46% last quarter. [Variety, WSJ]
• Mort Zuckerman's plan to save newspapers involves bingo. Really! [NYM]
• The New York Times Co. has reached a deal with the unions at the Boston Globe, although it may take a few weeks to vote on the compromise. [E&P]
• NBC's Washington headquarters is contaminated with asbestos! [NYO]
• Tricky Dylan Ratigan isn't joining ABC after all. He's going to MSNBC. [Gawker]
• Michael Wolff may hate the New York Times, but if it weren't for the Times, he'd  probably have nothing to rant about on his unknown website. [HP]
• Amazon unveiled its fancy, new Kindle reader today. [NYT, E&P]More

• It's been a dark day at the New York Times: Arthur Sulzberger Jr. and Janet Robinson announced a five percent salary reduction for all editors and said 100 employees on the business side would be laid off. [Gawker, NYO, NYT]
• Blender has been shuttered; April will be the mag's last issue. [AdAge]
• The Washington Post is offering buyouts again. And if enough people don't take 'em, the paper says a round of layoffs will follow. [Politico]
• Richard Beckman is out as Condé Nast's marketing chief; he'll be heading up the company's Fairchild Fashion Group instead. [WSJ, Crains]
• It's getting a little stormy over at the Weather Channel! [NYP]
• Rod Blagojevich may have some sort of reality show in the works. [CST]
• ABC News has settled a lawsuit filed against Diane Sawyer. [NYP]
• Barry Diller is the proud new owner of SportsPickle.com. [PaidContent]
• The most newspaper-friendly city in America? Rochester! [E&P]