• Time Inc. is expected to announce plans to slash $100 million in costs next week; naturally, lots of layoffs will be involved in making that happen. [NYT]
• The Wall Street Journal is closing its Boston bureau. Also in Beantown: The Boston Globe's publisher has announced he's stepping down. [BW, NYT]
• The war between the White House and Fox News is over. For now. [DF]
• Esquire's latest bid for relevance: Its December issue will be tricked out with "an emerging technology called augmented reality." Sounds hot. [WSJ]
• Lou Dobbs says someone fired a shot at his New Jersey home/horse farm. He's yet to blame the population of Mexico. But just give it time. [CNN]More
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Roundup: Media & Entertainment
Fashion
BrĂ¼no, Bar & Barneys
• Photos of Sacha Baron Cohen (as Brüno) and Alessandra Ambrosio from the new issue of British Marie Claire are now online, if you're interested. Or, if you prefer, you can take a gander at a nude Bar Refaeli on the cover of Esquire. [Marie Claire, Esquire]
• After many months of hemming and hawing, it looks like Roberto Cavalli has finally decided to sell a stake in his company. [WSJ]
• Vogue's André Leon Talley reports Anna Wintour was "thrilled" with how her "fabulous" 60 Minutes profile turned out a couple of weeks ago, you'll ubdoubtedly be pleased to hear. [FBNY]
• It's been a year since Barneys started looking for a CEO, which may be one reason why the company has had so many trouble as of late. [WSJ] More
Media
Magazine Award Winners, Hollywood's Best Year Ever
• Esquire, The New Yorker, Backpacker, and Wired were all big winners at last night's National Magazine Awards, although the mood was much more subdued this year, not surprisingly. [ NYT, WWD, NYP]
• Portfolio's Joanne Lipman reflects on what went wrong. [Newsweek]
• Hollywood might be on track for its best year ever at the box office. [WSJ]
• A roundup of the winners at the Tribeca Film Festival. [NYT, THR]
• White House Social Secretary Desirée Rogers appears on the cover of the new issue of WSJ. The idea of having her pose in an Oscar de la Renta gown in the First Lady's garden was vetoed by the powers-that-be, wisely. [WWD]More
Media
The Times Cuts Back, Trouble at ABC?
• The Times is folding in several sections of the paper (City, Escapes); scrapping the weekly fashion spread in the New York Times Magazine, and cutting the budget for freelance writers. Grim times, indeed. [NYT, Gawker]
• NBC CEO Jeff Zucker is reportedly concerned that CNBC has become too conservative and is becoming "the anti-Obama network." [P6]
• The new Ben Silverman? That would be ABC's Stephen McPherson. [NYP]
• Bill O'Reilly tends to ambush liberals more often than he does conservatives. Could that mean he, like, has an agenda or something? How surprising! [NYT]
• Twitter on fire: Traffic is up 131 percent from February. [AdAge]
• Gannett Co. reported a 60 percent decline in first-quarter profit today. [AP]More
Fashion
Pam Does Paris, The Return of Fur
• Pamela Anderson hit the catwalk at Vivienne Westwood's show in Paris today. Her boob popped out of her dress at the very end, which was totally an accident, you can rest assured. [SW, HP]
• Reports from various shows at Paris Fashion Week. [WSJ, NYM, T, Telegraph]
• You can credit/blame Barack Obama's inauguration in January for the recent resurgence in fur. [WSJ]
• Michelle Obama is wearing Michael Kors for her new O cover. [Fashionista]
• Ikram Goldman, Michelle's fashion guru, is in Paris for the shows. [FWD]
• Madonna is teaming up with Ed Hardy on a new clothing line. [Mirror]
• What's it like to be Bernard Arnault, France's richest man and "arguably the most influential tastemaker in the world of luxury"? Quite nice, actually. [WSJ]
• Try not to fall out of your chair—we'd hate you to get hurt—but Esquire has named Prince Charles the "best dressed man in the world." [Guardian]
Media
Reorg at HarperCollins, Burkle on the Brink
• HarperCollins announced layoffs and a major reorg today. [NYO, Gawker]
• No one wants to take the editor job at OK! [Page Six]
• Ron Burkle's magazine distribution company is suing a bunch of publishing companies for trying to drive it out of business. We should be so lucky. [NYP]
• Michael Kinsley explains why micropayments won't save newspapers. [NYT]
• Time's Walter Isaacson, however, argued the opposite position last night when he appeared on The Daily Show with Jon Stewart. [NYO, TDS]
• Hachette is dropping out of the Magazine Publishers of America. [AdAge]
• Live Nation and Ticketmaster have announced plans to merge. [NYT]
• CBS scored big ratings on Sunday thanks to the Grammys. [AdAge]
• A day in the life of Fox News anchor Shepard Smith. [Esquire]
Media
Hearst Cuts Back, Profits Fall at the Times

♦ Cuts have arrived at Hearst: Cathie Black (left) is "going floor by floor at the Hearst Tower to trim costs and staff positions." [WWD]
♦ Lloyd Grove talks to Tina Brown about her new site and the economic climate: "It's pretty scary. It's scary, scary, scary." [Portfolio]
♦ The New York Times Co. reported profits fell 51 percent for the quarter amid the drop in advertising sales. Traffic to the Times website, however, is up. [Bloomberg, AP, NYO]More
Media
Redstone Forced to Sell, CosmoGirl Closure Confirmed
♦ Sumner Redstone is being forced to sell about one-fifth of his stake in CBS and Viacom to meet the terms of various loan agreements. Also: Shares in Viacom plunged after the company announced third-quarter earnings fell short of estimates. [Bloomberg]
♦ It's official: Hearst's Cathie Black announced CosmoGirl will fold. [Portfolio]
♦ A little perspective: Time Warner is now less than one-quarter of what AOL alone was worth before the merger. [SAI]
♦ After much drama (and a few leaked emails), Scott Rudin has decided to talk away from The Reader. [THR]More
Media
Project Runway Delayed, Cuts at the Times
- The sixth season of Project Runway has been pushed back and will not debut on Lifetime until January 2009. [EW]
- The New York Times Co. is closing one of its distribution companies and will lay off 550 employees as part of the move. [NYO]
- QVC is broadcasting live from Bryant Park beginning today. [WWD]
- HBO is launching a web video series with Jessica Rose, the star of "lonelygirl15." [THR]
- JK Rowling has won her much publicized lawsuit over copyright infringement. [NYT]
- The cover of Esquire to celebrate its 75th anniversary is electronic. [Portfolio]









