Cityfile: New York's Most Notable and Influential

• Twitter is close to raising $100 million in new funding. And despite the fact it makes no money, the deal will value the company at $1 billion. [WSJ, CNN]
• A new survey finds that 86% of the public thinks the news media tries to influence public opinion. One reason to discount the data: Fox News came in as the country's most-trusted and least-trusted news source. And Bill O'Reilly ranked as "the most-trusted news anchor on cable TV." [THR, Poynter]
• MTV reports that it plans to go ahead with the drug-intervention reality series featuring DJ AM that was shot just before he died. [THR]
• Michael Moore's new documentary is off to a strong start, alas. [LAT]
• Tim Knight, Newsday's publisher, has handed in his resignation. [NYT]
• Corynne Steindler of "Page Six" is joining Bonnie Fuller's new website. [NYO]
• NBC Nightly News' audience is growing, believe it or not. [HP]
• Yahoo is spending $100 million to remind you it still exists. [BrandChannel]
• CBS has a brand new viewer today. Chief exec Les Moonves and CBS Early Show anchor Julie Chen had a son named Charlie this morning. [ET]

• Keith Olbermann took Times reporter Brian Stelter to task last night for reporting that News Corp. and GE had worked out a deal to tone down the rhetoric between MSNBC and Fox News. But he didn't disagree with everything Stelter reported. Conveniently, only the bad stuff about him was wrong. [NYM]
• More bad news for Olbermann: MSNBC now admits it made a mistake by not disclosing that Countdown fixture Richard Wolffe is a paid lobbyist. Naturally, Olbermann had absolutely no idea about any of this. [Politico, Salon]
• Condé Nast is shedding more staff. This time around it appears the media giant's receptionists will be paying the ultimate price. [Gawker, NYM]
• Reps for Bruce Wasserstein met with BusinessWeek execs yesterday to discuss a bid for the magazine. Joe Mansueto, the founder of Morningstar and owner of Fast Company, may be a potential bidder as well. [BW]More

• Tyra Banks took the stand to testify against accused stalker Brady Green yesterday and explained how she's had to hire a bodyguard and driver as a result of the incident. She also said she's no longer jogging outside and has been forced to hire a personal trainer, but we're pretty sure she had one of those long before Green came along. [NYDN, NYP]
• After 13 years of marriage, Sean Penn has filed for legal separation from wife Robin, news that may not come as a huge surprise given his long list of rumored paramours, including Petra Nemcova, Helena Christensen, Ines Misan, Naomi Campbell and Natalie Portman. [P6, People, Extra]
• Liev Schreiber and Naomi Watts' son, Sasha, was admitted to the hospital on Tuesday night for respiratory issues. [People]
• Madonna supposedly wants a summer house in the Hamptons. But she can't find a place willing to put up with her horse-related demands. [P6]
• Meanwhile, baby Mercy's 24-year-old father is demanding full custody of his daughter, since Madonna lacks "good morals." [NYP]More

Graydon Carter, Robert De Niro, and Ron Perelman hosted a Vanity Fair-sponsored dinner at the State Supreme Court House last night to celebrate the opening of the Tribeca Film Festival. They were joined by Carter and De Niro's wives (Anna Scott Carter and Grace Hightower) and Tribeca Film Fest co-founders Craig Hatkoff and Jane Rosenthal, as well as a long list of guests, including Bono and Ali Hewson, Kanye West,  Diane von Furstenberg, Jared Kushner and Ivanka Trump, Tory Burch and Lyor Cohen, André Leon Talley, Fran Lebowitz, Spike Lee ... (continued)More

• Brad Pitt and Angelina Jolie went to the Stop & Shop in Oyster Bay with two of their kids on Saturday and were "very friendly" to employees of the store. Please try to contain your amazement. [Us]
• Lindsay Lohan must be hard up for cash, since she's reportedly in discussions to star in a topless show in Las Vegas. Even worse: She seems to think it will "really revitalize her career and give her some serious theater cred." [Fox]
• Early Show anchor Julie Chen and her boss/husband, CBS chief exec Les Moonves, are expecting their first child this October. [P6]
• Speaking of kids, Amy Winehouse's rep says that the rumors the singer is adopting a child from the Caribbean are untrue. Be thankful for that! [DE]More

Happy Birthday | Carla Bruni Sarkozy is celebrating today—France's First Lady is turning 41. CBS chief Les Moonves is 60. Conservative coumnist Bill Kristol is 56. Soap star Susan Lucci is 62. Badgley Mischka's James Mischka is turning 48. Author Donna Tartt is 45. Literary agent Elyse Cheney is 41. Retired Army General (and one-time presidential candidate) Wesley Clark is turning 64. Rock star Eddie Vedder turns 44. And The Girls Next Door's Holly Madison is 29 today.

• Newsweek is planning to cut staff as well as give the mag a makeover. [WSJ]
• NPR is cutting 7 percent of its staff and dropping two shows. [NYT]
• Ad spending fell 2 percent during the third quarter, although online advertising continued to grow. [Adage]
• Les Moonves isn't too worried about Jay Leno's move to primetime. [NYP]
• Rumor has it Entertainment Weekly may go web-only. [Gawker]
• Reed Elsevier, which has been trying to sell trade titles like Variety and Publishers Weekly, is pulling them off the market.  [NYP]
• Golden Globe nominations were announced this morning. [HFPA]

♦ David Pecker's AMI, the publisher of the Star and National Enquirer, has been near bankruptcy for months. Now it's one step closer. [NYP]
♦ The details of Judith Regan's settlement with News Corp. have been revealed: It cost the company $10.75 million to make her go away. [Bloomberg]
♦ Janet Robinson says there are no plans to sell the Times. [E&P]
♦ A brief explanation for why newspapers are so screwed right now. [NYT, AP]
♦ An increasingly desperate OK! has cut the price of the mag. [NYP]
♦ The reorganization of Random House will likely leave Sonny Mehta the big winner. [NYO]
♦ Les Moonves on the state of network TV: "The model ain't broke." [THR]
♦ Gus Van Sant's Milk was named by the New York Film Critics Circle as the best film of 2008. [THR]

Spottings | Anna Wintour, John Lithgow, and Les Moonves and Julie Chen (left) watching a match at the US Open ... Rachael Ray buying fruits and veggies at the Greenmarket ... The four American Idol judges on a red carpet at Chelsea Piers ... Supermodel Miranda Kerr taking a stroll downtown ... Don Cheadle waving outside the David Letterman show ... ... Carmen Electra blowing kisses from her SUV ... Khloe and Kourtney Kardashian acting like idiots at JFK ... Vanessa Minnillo shuttling between talk show appearances in Midtown ... Lindsay Price heading into an event at the Empire Hotel ... and Katie Holmes showing up to watch a performance of August: Osage County.

• Vogue has a fancy, new IMG-produced Web-based reality series! And it only cost $31,000 a minute to put together. [WSJ]
• Les Moonves and Andrew Heyward have agreed to answer questions from Dan Rather's lawyers in his contract suit against the network. [NYT]  
• Changing hedcuts at the WSJ reflect the fact that everyone who works in finance is totally depressed. [CJR]
• David Remnick defends the Obama cover on Charlie Rose. [Gawker]
  
• Executive changes at NBC News and MSNBC. [Jossip] 
• The Sunday Times will include a piece focusing on the "succession strategy" at Condé Nast should Si Newhouse retire. [WWD]

It won't be quite as cheery as usual at Herb Allen's annual media mogul retreat, which kicks off today in Sun Valley. This time last year, the credit crisis was but a blip on the radar. Oh, how things have changed over the past twelve months. Without the billions on hand to close big deals, the economic downturn has made life pretty depressing for the master-of-the-universe set. But gather they will— the tennis and hiking must go on, damnit—and aside from the handful of players who were dropped from the invite list on account of their declining influence, all the media big shots are expected. Among those who will be cruising in on their company-owned jets: Rupert Murdoch (along with son Lachlan), Warren Buffett, Viacom chief Philippe Dauman, Les Moonves, Howard Stringer, Edgar Bronfman Jr., Jeff Bewkes and Dick Parsons of Time Warner, NBC's Jeff Zucker, Universal's Ron Meyer, Paramount chief Brad Grey, and Disney's Bob Iger. More