Cityfile: New York's Most Notable and Influential

• More on the decision by Condé Nast to shut down Portfolio. [NYO, Gawker]
• Newspaper circulation figures for the past six months show steep declines at most major papers, including the Times, Post, and Daily News. One bright spot: the Wall Street Journal, which experienced a tiny, 0.6% gain. [E&P]
• Phil Falcone's Harbinger, the hedge fund that battled for a piece of the New York Times Co. last year, may now be looking to unload its stake. [WSJ]
• CNN has fallen behind MSNBC and Fox News, as you may have heard. [NYT]
• PRWeek is going monthly. But it'll still be called PRWeek, so you know. [NYT]
• Obsessed starring Beyonce was No. 1 at the box office this weekend. [THR]More

♦  Not surprisingly, ratings for SNL this past weekend exceeded expectations. Some 10 million people tuned in for Tina Fey's Sarah Palin skit. [WSJ, THR]
♦  Michelle Obama will appear on Jon Stewart on Wednesday. [HuffPo]
♦  Beverly Hills Chihuahua took the top spot at the weekend box office with $29 million. [Mojo]
♦  Joe Hagan takes a long look at the Times-owning Sulzbergers in this week's issue of New York. [NYM]
♦  AdAge has released its list of the 10 best magazines. [AdAge]
♦  Campbell Brown is working out nicely for CNN: Ratings are substantially higher than they were for Paula Zahn and she's beating Keith Olbermann most nights, too. [NYT]
♦  Ratings for Desperate Housewives continue to decline. [TVDecoder]
♦  HBO's Entourage has been renewed for a sixth season. [THR]