• Jon Stewart's smackdown of Jim Cramer last week generated some of the biggest ratings The Daily Show has ever seen, not surprisingly. [MediaPost]
• Portfolio editor Joanne Lipman has once again defied logic (and some of her Condé colleagues) by putting Sarah Palin on the cover of the new issue. [WWD]
• Condé Nast is expected to trim Richard Beckman's ad sales group. [AdAge]
• Liberal activists have launched a petition drive targeted at CNBC. [AP]
• ICM's Esther Newberg has sold a memoir by Paul Allen to Penguin. [Crains]
• More on Eric Siminoff's split from Lynn Nesbit and Mort Janklow. [NYO]
• Mel Karmazin sounds off on his fight to redeem Sirius and his rep. [Fortune]
• Ratings for Donald Trump's Celebrity Apprentice continue to slide. [AdAge]
• 60 Minutes is the "hottest show on TV." Who knew? [Newsweek]
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Media
Stewart's Ratings Soar, More Conde Cuts Expected
Media
The Cramer/Stewart Face-Off, More CNBC Drama
• Jim Cramer hits The Daily Show tonight. And in what can only be interpreted as an effort to dial down the ass-kicking headed his way, Cramer is now claiming Jon Stewart is "his idol." Good luck with that there, Jim. [HP]
• Should CNBC's Erin Burnett really be making appearances on Donald Trump's Celebrity Apprentice? Maybe not: "NBC keeps testing the limits between news and entertainment in pursuit of cross-promotional synergy." [NYT]
• "Sully" Sullenberger has scored a two-book deal worth $3 million. [TDB]
• Ann Coulter "has been especially noisy in her self-promotion lately," which may have something to do with the fact her book isn't selling. [Portfolio]
• More and more TV shows are working the recession into storylines. [ABC]
• These are dark days for the newspaper biz, as you've probably heard. [NYT]
• More on Ross Douthat, the conservative blogger who has been hired by The New York Times to take over Bill Kristol's Op-Ed column. [E&P]
• Post staffers reflect on the life and times of Braden Keil, the paper's real estate columnist who died on Tuesday and who will be very much missed. [NYO]
Media
The Stewart-Cramer Circus Continues
• Jon Stewart made fun of Jim Cramer and Cramer responded in kind. Then Stewart took another shot at the Mad Money host. And Cramer responded once again on the Today show this morning. Your turn, Jonny. [HP, MM, BI]
• Okay, so CNBC didn't see the economic collapse coming. But if we're handing out blame, we better not forget about the nation's newspapers! [NPR]
• Ratings for Donald Trump's Celebrity Apprentice have tumbled. [AdAge]
• More cuts at New York are rumored to be in the works. [Gawker]
• American Express has shuttered Travel + Leisure Golf. [WWD]
• Apple is launching an American Idol iPhone application. Finally! [THR]
• Equally exciting: Universal movies are coming to your Playstation. [THR]
Gossip
Kate Hudson Gets Around, Lindsay Pelted with Flour
♦ Is Kate Hudson trying to steal Alex Rodriguez away from Madonna? She was spotted with her "arms completely wrapped around" him at a party in Miami this weekend. But she might just be trying to steal Jason Statham away from his girlfriend, since the two were seen downing dirty martinis together. [NYDN, P6]
♦ A PETA activist pelted Lindsay Lohan with a bag of flour at an event in Paris on Saturday. Sam Ronson responded by dissing the activist on MySpace: "My dog is far more civilized than that person." [People]
♦ Kanye West was arrested in London on Friday after an altercation with a photographer. Now he's suggesting the entire episode was "bogus," and has upset some Brits by comparing himself to Princess Di. [People, The Sun]
♦ Sarah Palin may collect a $7 million advance if she writes a book. [MSNBC]
More
Gossip
Britney Spars with Mom, Shines at VMAs

- Britney Spears is supposedly furious with her mother over her upcoming tell-all, which accuses the pop star's former manager of grinding up pills and sneaking them into her meals. She should be in a better mood, however, after she reads all the positive reviews from her appearance on the VMAs last night, where she kicked off the show and later won three awards. [P6, NYP]
- Uma Thurman has been buying dresses two sizes larger than usual, which means she must be pregnant. [R&M]
- Beyonce showed off her engagement ring from Jay-Z for the first time on Friday night, an 18-carat diamond that cost more than $5 million. [People]
- Newlyweds James Gandolfini and Deborah Lin celebrated their wedding with a second reception inside a Manhattan loft on Friday night, where the Sopranos cast partied until the wee hours. [R&M]
- Fabian Basabe says his wife, Martina Borgomanero, is pregnant. He also is planning to open a restaurant in Coral Gables, in case you care. [P6]









