• Is Time Warner planning to shed its Time Inc. magazine division? [Crain's]
• Condé Nast is hunkering down for a big round of budget cuts, as you've probably heard. One Condé title that happens to be doing quite well: Vanity Fair's Italian edition, which having its best year ever, apparently.
• Saturday Night Live's Jenny Slate won't be punished for cursing on the air. But it's looking like Darrell Hammond may have been dropped from the show.
• Tina Brown's Daily Beast is planning to get into book publishing. [NYT]
• Former Times film critic (and Turner Classic Movies host) Elvis Mitchell is in financial trouble again: He reportedly owes $500,000 in back taxes. [P6]
• How much the cast of The Hills makes might make you nauseous. [TDB]
• Can Twitter ever earn enough in advertising revenue to justify its recent valuation of $1 billion? It's highly unlikely, say some observers. [AdAge]
• Cloudy With a Chance of Meatballs was No. 1 again this weekend. [LAT] More
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DAILYFILE
Media Roundup
Time Warner Rumors, Condé Cuts & SNL
Media Roundup
News Corp. Posts a Loss, O'Reilly Strikes Back
• News Corp. posted a hefty loss for the most recent quarter, reporting that profits were down by 30 percent, although things would have been worse if weren't for Roger Ailes's cash machine, Fox News. In related news, Rupert Murdoch seems to think he can get people to pay for content on the Internet and plans to give it a shot over the next year. [NYT, BN, NYT, Guardian]
• Not to be outdone by Keith Olbermann's anti-Fox News rant on Monday night, Bill O'Reilly took aim at NBC's parent company, GE, on his show last night. This truce thing sure is working out beautifully, isn't it? [Gawker]
• Time Inc. is shutting down Southern Accents, a luxury lifestyle title. [NYP]
• Twitter was crippled by a big denial-of-service attack today, which you know full well if you happened to try and log into Twitter today. [CNET]
• If you don't watch Charlie Rose's self-indulgent talk show on PBS, now you can not watch it on Bloomberg TV, too. How convenient. [NYT]
• The Post's Page Six may be hiring Emily Smith, formerly Britain's Sun and Life & Style, to replace the recently-departed Paula Froelich. [Gawker] More
The Circuit
The Wednesday Party Report
Michelle Obama was the main attraction at Time magazine's sixth annual 100 "most influential" ceremony at Lincoln Center last night. She was joined by a predictably massive group of A-listers, including Oprah, Harvey Weinstein, Mort Zuckerman, Steve Schwarzman, Jeff Bewkes, Diane Sawyer, Barbara Walters, Whoopi Goldberg, Joy Behar, Carine Roitfeld, Gayle King, Stella McCartney, Claire Danes and Hugh Dancy, Kate Hudson, Liv Tyler, Jay Leno, Lorne Michaels, Jimmy Fallon and Nancy Juvonen, Charlie Rose, David Lauren and Lauren Bush, Ann Coulter, Suze Orman, Arianna Huffington, Kate Betts, Andy Serwer, Paul Krugman, Vivi Nevo and Ziyi Zhang, Andrea Mitchell, Chris Matthews ... More
Roundup
Eating & Drinking: Thursday Edition
• Rumor has it that Gilt is doomed: "Employees are looking for new positions, services are being canceled, and the end is in sight." [TFB]
• Yesterday, Charles took a pounding from Times critic Frank Bruni. Today, the restaurant responded by covering up the windows with Bruni's review. [GS]
• Tom Colicchio appeared on Charlie Rose's show last night. [CharlieRose.com]
• The 50 best new restaurants, according to Travel + Leisure. [T+L]
• A roundup of eating options at the new Yankee Stadium. [GS]
• The IKEA in Brooklyn is turning Wednesdays into "$7.99 rib night." [Eater]
• Another thing to steer clear of: packaged sandwiches from Walgreen's. [ML]
• How did we not know that today was National Eggs Benedict Day? [GS]
The Circuit
The Wednesday Party Report
Andrew Saffir's Cinema Society hosted a screening of The Mysteries of Pittsburgh last night at the Landmark Sunshine Theater. Guests at the screening included the film's stars Sienna Miller and Peter Sarsgaard (left), along with Maggie Gyllenhaal, Anna Wintour, Russell Simmons and Julie Henderson, Gilles Bensimon, Rachel Roy, Amy Sacco, Rachel Zoe, Beth Ostrosky, Olivia Palermo and Johannes Huebl, Jessica Joffe, Zoe Kravitz, Stefano Tonchi, Marina Rust Connor, Jennifer Creel, Richard Johnson and Sessa von Richchofen, Carlos Souza, Marcus Schenkenberg, Rosanna Scotto, Emma Roberts, Brittny Gastineau, Irina Pantaeva, Kiera Chaplin, Lisa Anastos, Jackie Astier, Kim Heirston, Nur Khan, Gilles Mendel, Bobby Kennedy III, Kelly Killoren Bensimon, Chris Diamantopoulos, and Olympic fencers Tim Morehouse and Jason Rogers. [PMc, Wireimage, VF, Paper, FWD]More
Recap
Wall Street: Wednesday Morning Headlines
• Following yesterday's stock market surge, some analysts see a comeback in the making. Believe it when you see it. [CNN]
• Investors pulled $11 billion out of hedge funds in February. [BN]
• Related: hedge funds may slash 20,000 jobs around the world this year. [DB]
• Even the junky little banks that should have never been given a piece of the bailout in the first place now want to give the money back. [NYT]
• Some 45% of the world's wealth has been destroyed over the past year, says Blackstone CEO Steve Schwarzman. [Reuters]
• Tim Geithner appeared on Charlie Rose's show yesterday. [BN]
• Quadrangle Group, the firm formerly headed up by Steve Rattner, has hired three new execs to help manage Michael Bloomberg's money. [DB]
• Good work if you can get it: Hedge find titan John Paulson has made about half a billion bucks since the fall shorting a couple of British banks. [BN]
The Circuit
The Wednesday Party Report
The snowstorm didn't stop art and society scenesters from stopping off at the New York Academy of Art on Monday night. Guests at the Tribeca Ball included Liev Schreiber, Justin Timberlake, and event co-chair Eileen Guggenheim (left), along with Bill Clinton, Andre Balazs, Andy and Kate Spade, Adam Weinberg, Jason Wu, Nicole Miller and Kim Taipale, Monet Mazur, Alek Wek, Bettina Zilkha, Poppy de Villeneuve, Jennifer Creel, Jean-Pierre Roy, Ludwig Kuttner and Beatrix Ost, stylist Ric Pipino, Heather Mnuchin, Liam McMullan, Antoine and Maureen Chiquet, and artist Will Cotton. [PMc, Wireimage, VF, FWD, Style.com]More
The Circuit
The Thursday Party Report
GQ held its second annual "Best New Menswear Designer in America" competition last night in conjunction witht he CFDA. Finalists like Andre "3000" Benjamin, David Mullen, Alex Carleton, Robert Geller, Sam Shipley, Jeff Halmos, and Yigal Azrouel were joined by guests like Tommy Hilfiger, Fern Mallis (left), Thom Browne, Jim Nelson, Kelly Cutrone, Phillip Lim, Derek Lam, Peter Som, Rory Tahari, Chase Crawford, Steven Kolb, Ally Hilfiger, Fonzworth Bentley, David Chu, Ryan Leslie, David Lauren, Katie Lee Joel, Glenn O'Brien, Steven Alan, Calvin Klein mens creative director Italo Zucchelli, GQ publisher Peter Hunsinger, and last year's winner, Daiki Suzuki. [PMc, NYO, FWD] More
The Circuit
The Monday Party Report
Peggy Siegal invited a media-heavy crowd to the Oak Room last night to watch the Super Bowl. Sports Illustrated editor Terry McDonell was in attendance (apparently, budget cuts prevented him from flying to Tampa in person); and some folks, such as former HarperCollins chief Jane Friedman, left, even donned 3-D glasses to fully appreciate the commercials. Others on hand for the festivities: Richard Johnson, Ron Perelman, Dan Abrams, Dave Zinczenko, Joanne Lipman, Charlie Rose, George Rush, Richard Meier, Cece Cord, Kate Betts, Gay Talese, Rocco DiSpirito, Chuck Scarborough, Francine LeFrak, Andrew and Nancy Jarecki, Ron Delsener, Ken Auletta, Larry Gagosian, Lewis Lapham, Steve Kroft, Lloyd Grove, Morgan Entrekin, Ann Dexter-Jones, Harry Smith, Liz Smith, Cynthia McFadden, and Felicia Taylor. [PMc, NYO, GoaG, Fox 411]
The Circuit
The Tuesday Party Report
Cinema Society, Nextbook and Grey Goose hosted a screening of Defiance last night with an after-party at Shang inside the Thompson LES. Host Andrew Saffir and the film's stars, Daniel Craig and Liev Schreiber, and director, Edward Zwick, were joined by Marc Jacobs and Lorenzo Martone, Naomi Watts, Olivia Palermo (left), Jason Pomeranc, Agyness Deyn, Tory Burch and Lyor Cohen, Donna Karan, Martha Stewart, Jay McInerney, Kimberly Guilfoyle and Eric Villency, Amy Sacco, Russell Simmons, Zani Gugelmann, Ivanka Trump, Andre Balazs, Steve and Christine Schwarzman, Ann Dexter-Jones, Ellen Barkin, Paula Froelich, Richard Johnson and Sessa von Richthofen, Larry Gagosian, Bettina Zilkha, Carson Kressley, Jennifer Creel, Valesca Guerrand-Hermes, Rachel Roy, Kelly Killoren Bensimon, Douglas Hannant, Rosanna Scotto, Heather Matarazzo, Joshua Bell, Leelee Sobieski, Jill Hennessy, Debbie Bancroft, Marina Rust Connor, Nina Griscom, Caroline Murphy, Judah Friedlander, Patrick McMullan, Liam McMullan, Mary Alice Stephenson, Dan Abrams, and Dave Zinczenko. [PMc, Wireimage, The Daily] More
One Year Older

Happy Birthday | Heiress and social fixture Amanda Hearst turns 25 today. Charlie Rose is celebrating his 67th. Diane Keaton is turning 63. Fashion "expert" Steven Cojocaru is 44. Actor Robert Duvall is 78. Former Vice President Walter Mondale is 81. King Carlos of Spain is 71. Pennsylvania Governor Ed Rendell is turning 65. And Marilyn Manson is celebrating his 40th birthday today.
Wall Street
Charlie Rose Asks, Vikram Doesn't Answer
Charlie Rose interviewed Citigroup CEO Vikram Pandit on his PBS program last night. It was Pandit's first extended TV interview, and one he clearly prepped for with the help of Citi's communications department, given his insistence on starting off every response with Charlie's name. Unfortunately, Pandit seems to have also been advised not to answer any questions and stick to canned statements instead, so poor Charlie (and the viewing audience) didn't get to find out what exactly transpired behind the scenes last weekend when Citi was rescued by Washington, or what Pandit thought of the Times' crushing account of the bank's failures last Sunday. (This also explains why Charlie looks so grumpy for most of the interview.) Points to Vikram for sitting through 54 minutes without saying anything substantial. And he did wear a nice blue suit and red tie, if that's any consolation. Video of the non-interview after the jump. More
The Circuit
The Friday Party Report
Lucky hosted its fifth annual "Lucky Shops" last night inside the Metropolitan Pavilion. Lucky editor Kim France and publisher Gina Sanders welcomed Leighton Meester, Jessica Szohr, Georgina Chapman, Katrina Bowden, Alexandra Richards, Charlotte Ronson, Thalia, Beverly Johnson, Ginny Barber, and Michaela McManus, who all did a little shopping to benefit the Robin Hood Foundation. [The Daily, PMc, Wireimage] More
Wall Street
Another Bad Day Ahead
♦ This could get messy: Asian and European markets were mauled on Friday, pointing to another monumental beating for the U.S. market today. [MW]
♦ A recap of Alan Greenspan's humiliating day in front of members of a congressional panel yesterday. [NYT, NYP]
♦ One of the very few people who is having an exceptional year: John Paulson, whose three funds are up between 15 and 25 percent. [WSJ]More
Voicemail
Not at Home: Charlie Rose
Answering machine message at Charlie Rose's home in Bellport.
Previously: Leven Rambin, Michael Moore, Plum Sykes, Shoshanna Gruss, Regis Philbin, Suze Orman, Jim Cramer, George Whipple. Tom Colicchio, Cynthia Nixon, Jonathan Tisch, Nathan Lane, Hamish Bowles, Victoria Gotti, John Leguizamo, Carl Icahn, James Lipton, Dylan Lauren, Andre Balazs, Atoosa Rubenstein, Simon Doonan and Jonathan Adler, Lewis Black, Katie Couric, and Tinsley Mortimer.









