• Oprah got all teary today when she announced she'll end her talk show two years from now. Meanwhile her upstart cable network announced it'll launch in January 2011, eight months before her talk show goes off the air. [EW, THR]
• Oprah isn't the only one planning her goodbyes. Bill Moyers announced today that he's retiring and will wrap up his weekly PBS show in April 2010. [NYT]
• Former NY1 anchor Dominic Carter was found guilty of misdemeanor attempted assault today for roughing up his wife last year. [NYDN]
• Last night's season finale of Project Runway was the highest-rated episode of the season; meanwhile, winner Irina Shabayeva describes what's next for her.
• The new Twilight sequel, New Moon, isn't just causing excitable teens to pass out in droves. It's also on track to break a few box office records. [AFP, AP]
• More on the bloodshed at BusinessWeek the past few days. [FBNY]
• Tina Brown has herself a new right-hand man at The Daily Beast. [NYP]
• Yet another book by reality TV star Lauren Conrad is on the way. [NYDN]
• Phil Falcone's Harbinger has cut his stake in the Times once again. [Reuters]
• The scariest news ever: Lou Dobbs has left open the possibility that he'll make a run for the White House in 2012. And he wasn't kidding. [Reuters]
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Roundup: Media & Entertainment
Roundup: Media & Entertainment
• It's official: Oprah says she plans to call it quits in September 2011. [ABC]
• Layoffs: The BusinessWeek cuts continue (and include a handful of the mag's more notable names); meanwhile the AP body count now stands at 90.
• Sarah Palin sold 300,000 copies of her book the first day, alas. [TDB]
• Condé Nast and Adobe are teaming up to bring Wired to electronic reading devices. Digital versions of Vogue, VF, and the NYer will follow. [WSJ]
• Vogue's design director is exiting the magazine after a four-year run. [WWD]
• In other Anna news, her de facto stepdaughter, Alexis Bryan Morgan, is leaving the Condé Nast family to take Nina Garcia's old job at Elle. [NYM]
• Cable mogul John Malone isn't happy about the idea of Comcast and NBC teaming up. Meanwhile NBC chief Jeff Zucker is staying mum about the deal.
• Another rumored Playboy bidder is denying interest in an acquisition. [NYT]
• Does Bonnie Fuller's new website stand a chance? [NYP]
Roundup: Media & Entertainment
• It's official: Will Ferrell is the most overpaid man in show business. [THR]
• Layoffs: BusinessWeek's cuts kicked off today; layoffs now loom at Time Inc. as the company awaits word on how many volunteers will accept buyout packages; and there's a bit more detail on this week's cuts at the AP.
• MSNBC's Joe Scarborough isn't exactly on fire at the moment. [NYO]
• Palinitis: The ex-governor's sit-down with Oprah on Monday generated the talk show queen her highest ratings in two years; Fox News clowns Bill O'Reilly and Sean Hannity are now at war over their respective Palin interviews; and people are still talking about that Palin Newsweek cover, for some reason.
• Vivendi has tossed a last-minute complication into the NBC deal. [NYT]
• Times reporter Jodi Kantor has landed a seven-figure book deal. [NYO]
• Breaking! The Emmys are moving from September to August. [THR]
• CNN's Candy Crowley is speaking out about her weight loss. At last! [LAT]
Roundup: Media & Entertainment
• A big round of layoffs landed at the Associated Press today. [BI, NYT]
• Budget Travel isn't shutting down, contrary to rumors. But its owner is looking to sell the magazine or find new investors, however. [AdAge]
• Time.com's managing editor, Josh Tyrangiel, will become the editor of BusinessWeek when Bloomberg LP takes over next month. [BW, WWD]
• The NYPD raided four newspapers as part of a union corruption probe. [AP]
• Is Newsweek's new Sarah Palin cover sexist? Or just funny? [HP, Wrap]
• Because print media is booming and newspapers will be around forever, Mort Zuckerman's Daily News spent $150 million on a new printing plant. [NYT]
• A documentary about media reporters at the Times? Oh, yes, indeed. [NYO]
• Bonnie Fuller's new Web venture launched today. [HollywoodLife.com]
• TV: Oprah GBF Nate Berkus is getting his own daytime show; and Bob Saget will host an A&E reality series in which he'll "explore strange subcultures."
• Rupert Murdoch probably isn't very popular with the blind today. [Gawker]
Roundup: Media & Entertainment
• Oprah's interview with Sarah Palin aired today, as you know by now. [AP]
• The deal between GE and Comcast to give the cable giant control of NBC Universal could be finalized in the next few days/weeks, although approval from Washington could take some time. [DF, THR, WSJ]
• Lou Dobbs didn't walk away from $9 million when he departed CNN. He reportedly got paid $8 million in severance to walk out the door. [NYP]
• The largest gay newspaper publisher in the U.S. has shuttered. [NYT]
• Budget Travel may be the magazine to die. [Daily Intel]
• The cost-cutting McKinsey consultants have landed at Dow Jones. [Forbes]
• 2012 destroyed the box office this weekend, reeling in $65 million. [THR] More
Roundup: Media & Entertainment
• George Stephanopoulos will probably replace Diane Sawyer on GMA. [TDB]
• Now that Bloomberg LP is talking over BusinessWeek, columnists Maria Bartiromo and Jack Welch are both parting ways with the mag. [NYP]
• CNN is laying off four of its web anchors since it no longer plans to produce live video on CNN.com. The good news? With Lou Dobbs no longer on the payroll, it should save $9 million over the next few years. [NYT, [NYP]
• Euna Lee, one of the two CurrentTV reporters who was imprisoned in North Korea earlier this year, has scored herself a six-figure book deal. [NYT]
• Shares of Playboy jumped yesterday after it was reported the apparel conglomerate Iconix was in talks to acquire the (struggling) company. [NYP]
• Another senior Observer editor is bidding goodbye to the paper. [Politico]
• Fashion mags are expecting their fortunes to improve in 2010. [WWD]
• Is the Fox Business Channel a lost cause at this point? [VF]
• Television is more getting more and more obscene, supposedly. [NYT]
Roundup: Media & Entertainment
• John King will be replacing Lou Dobbs at 7pm on CNN. [WP, NYT]
• CNN execs had been looking to part ways with Dobbs for many months now, although CNN president Jon Klein is denying that all the anti-Dobbs fervor had anything to do with his leaving. Meanwhile, Dobbs' departure is expected to leave up to 30 people without jobs. [TDB, NYT, AP]
• Dobbs' first post-CNN interview will be with Bill O'Reilly. Naturally. [DF]
• Iconix, the apparel company that owns Candie's, Badgley Mischka, and Rocawear, among other brands, is in talks to buy Playboy Enterprises. [BN]
• Bloomberg LP is ducking out of paying severance to BW staffers. [AdAge]
• A dozen staffers were laid off at Newsweek today. [Gawker]
• Martin Scorsese will receive the DeMille award at the Golden Globes. [LAT]
• Katie Couric is assembling media power lists now, apparently. [Forbes]
Roundup: Media & Entertainment
• Lou Dobbs is leaving CNN! Tonight's his last show! Happy Wednesday! [NYT]
• Condé Nast magazines have lost a collective 8,359 pages of advertising in 2009, which represents a 31 percent decline from a year earlier. [NYT]
• One thing that Hearst has going for it: lots of cash in the bank. [NYP]
• Banker-turned-media investor Jimmy Finklestein is reportedly buying the Hollywood Reporter, Billboard, Adweek, and a few other Nielsen titles. [Wrap]
• Current TV is keeping current with the times and laying off 80 staffers. [LAT]
• TV: Joss Whedon's Dollhouse has been canceled by Fox; meanwhile, ABC has decided that Kelsey Grammer comedy series Hank will exist no longer.
• Détente? President Obama has agreed to give Fox News an interview. [HP]
• The New Yorker sure has lots of writers and editors! [NYO]
• Reality TV is slowly killing us. So says Vanity Fair's James Wolcott. [VF]
Roundup: Media & Entertainment
• Comcast and GE have reportedly agreed that Jeff Zucker will remain the CEO of NBC Universal as part of their proposed $30 billion joint venture. Well done, gentlemen. Good to see things get started on the right foot. [Reuters]
• In related news, Zucker's totally brilliant plan to move Jay Leno to 10pm is paying off beautifully. Leno sank to a brand new ratings low last night. [NYT]
• Anita Dunn, the White House communications director who started the administration's war with Fox News last month, is stepping down. [WP]
• Hey, it's not all bad news for Condé Nast. Self is doing pretty well. [WWD]
• The creators of Will & Grace are working on a Twitter-inspired show. [THR]
• The nominations for the 2010 People's Choice Awards were announced today, just in case you happen to be care about that sort of thing. [LAT]
• Aerosmith is looking for new lead singer, in case you're job-hunting. [LAT]
• George Lopez and Wanda Sykes' debuts this week scored solid ratings. [NYT]
• Simon Cowell made $75 million last year, earning him the top spot on Forbes' list of primetime's top-earning men. Ryan Seacrest exploded in tears when he heard he came in No. 3 with $38 million. Or so we'd like to think. [Forbes]
Lawsuits

Former Post Editor Fires Back | Sandra Guzman, the New York Post editor who was dismissed shortly after she spoke out against that controversial cartoon depicting President Obama as a chimpanzee, is taking aim at her former employer. She just filed a federal lawsuit against the Post, parent company News Corp, and the Post's editor-in-chief, Col Allan. If you're looking for some extraordinarily salacious reading material to keep you occupied this afternoon, well, here you have it. [HuffPo]
Roundup: Media & Entertainment
• Another magazine has gone under: Hachette announced today that it's closing Metropolitan Home to "focus its resources" on Elle Décor. [AdAge]
• New York's profile of star Times reporter Andrew Ross Sorkin reveals he's one of the paper's highest-paid staffers and is beloved by the titans of Wall Street, but is not quite as popular with some of his Times colleagues. [NYM]
• Circulation is down—and losses are up—at the New York Post. [NYT]
• GE and Comcast have agreed on a valuation for NBC, which brings the parties one step closer to handing over control of the network to Comcast. [Reuters]
• Condé Nast may be trimming expenses and cutting jobs here at home, but the mag giant is busy expanding its presence in China. [NYP]
• Curb Your Enthusiasm is coming to basic cable. TV Land and TV Guide have picked up reruns of the show and will begin airing them next year. [LAT]
• Google has acquired the mobile ad company AdMob for $750 million. [NYT]
• Last night's Mad Men scored AMC its highest-rated finale ever, although considering it's AMC we're talking about, that isn't saying much. [B&C]
• A Christmas Carol was No. 1 at the weekend box office, although its $31 million gross was weak given it cost $200 million to produce. Meanwhile, Precious' $1.8 million take on 18 screens set a limited-release record. [LAT]
Roundup: Media & Entertainment
• Condé Nast is now swinging into damage control mode: It's retained Michael Sheehan, a "crisis manager and media coach" who's faced some steep PR challenges in the past having worked with President Clinton and AIG. [NYP]
• So is Oprah moving to cable? The discussions continue, reportedly. [AdAge]
• Kyle Pope doesn't seem to have been Jared Kushner's first choice to serve as editor-in-chief of the New York Observer. Times star business reporter Andrew Ross Sorkin turned Kushner down twice over the past year. [NYM]
• More than 100 people were laid off at Lifetime and A&E today. [Variety]
• Philip Gourevitch is stepping down as editor of The Paris Review. [NYO]
• Time Warner chief Jeff Bewkes discusses the future of the media biz. [TDB]
• MTV did not rebuild the Berlin Wall for U2, in case you were worried. [UPI]
Roundup: Media & Entertainment
• Is Oprah preparing to leave her syndicated show behind and take her act to OWN, her long-delayed cable network? That's the rumor anyway. [DH]
• The new editor of the Observer is Kyle Pope, formerly of Portfolio. [NYO]
• Cable meets kindergarten: Fox News will stop being mean to MSNBC only if MSNBC first stops being mean to Fox News, reports Rupert Murdoch. [NYT]
• Fortune and Time are expected to be hardest hit by layoffs at Time Inc. [NYP]
• Scripps has beat out News Corp. for control of the Travel Channel. [BN]
• Susan Plagemann has been named the new publisher of Vogue. Meanwhile, Tom Florio will now oversee Vogue, Bon Appétit and Traveler. [WWD]
• Bloomberg BusinessWeek (or BBW for short) has its new team in place. [NYT]More
Cost Cutting
Time Warner Picks Planes Over People

Time Warner started cutting costs across its Time Inc. publishing division this week and is hoping to save as much as $100 million by paring back expenses and slashing several hundred jobs. One way the company could have made up the difference without sacrificing any of its employees? By selling off the three Gulfstream jets it owns! More
Roundup: Media & Entertainment
• The cuts continue at Time Inc. Fortune Small Business was shuttered today. And as many as 500 employees may lose their jobs when all is said and done. Meanwhile, parent company Time Warner reported a drop in revenues and earnings in the third quarter, as expected. [NYT, WWD, AdAge, NYP]
• Profits were up at News Corp. thanks to its film, cable, and book units. [BN]
• The publisher of Marie Claire has jumped over to Vogue. [NYO]
• Fox News came out on top in the ratings with its election night coverage. CNN performed miserably, dropping down to fourth place. [NYT, Politico]
• WNET is giving employees off between Christmas and New Year's. It's not to be nice; it's designed to cut costs since the days off are unpaid. [Crain's]
• A theory as to why Tom McGeveran quit the Observer. [Daily Intel]
• Highlights from last weekend's Tribeca Film Festival, Doha edition. [Vulture] More









