• 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]
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Roundup: Media & Entertainment
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
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
Roundup: Media & Entertainment
• Tom McGeveran took over as editor of the Observer after Peter Kaplan made his exit this spring, but now he's headed out the door as well. [NYO]
• Layoffs: The cuts at Condé Nast continue though they should end soon; the layoffs at Forbes this week were deep ones: 1 in 4 editorial staffers were let go.
• Newsday's website erected a pay wall today. Good luck with that. [E&P]
• The Michael Jackson movie This Is It sold $2.2 million in tickets on its opening night, which is pretty good considering it was a Tuesday. [LAT, NYT]More
Media Roundup
Cuts at Condé, Weinstein Layoffs & Another 'BW' Bidder
• Condé Nast editors and publishers may be forced to cut their budgets by as much as 25% now that the consultants reviewing operations are completing their tour of duty. Not surprisingly, "significant layoffs" are expected. [NYO]
• More trouble for Harvey: The Weinstein Co. says it plans to cut 35 additional positions at the film company over the next month or so. [THR]
• A new bidder for beleaguered BusinessWeek appears to have emerged in ex-BMG chief Strauss Zelnick and former WSJ publisher Gordon Crovitz. [BW]
• WSJ, the glossy owned by the Wall Street Journal, is expanding [WWD]
• The CW is planning a reality show about what it's like to be a Virgin flight attendant in search of "good times, great parties, adventure and love." [Wrap]
• Mark Consuelos (or Mr. Kelly Ripa) has been given the boot by Oprah. [NYP]
• The Observer is moving from the Flatiron district to a Jared Kushner-owned building in Midtown: "If I'm paying rent, I'd rather pay it to myself." [NYO]
• Eight out of ten Americans say they would oppose any plan to spend tax dollars to bail out failing newspapers. You're shocked by that, we're sure. [E&P]
Media Roundup
Tyra Banks Launches a Magazine; Another Paper Launches a Wine Club; Hollywood's Mediocre Summer
• Tyra Banks is launching a web-based magazine. Tyra: Beauty Inside & Out will feature an "audio 'manifesto' that asks readers to dream big, ignore the haters, celebrate uniqueness and seek the beauty in everything." [WWD]
• James Patterson has signed a 17-book deal with his publisher, Hachette. And all 17 of them will arrive in bookstores before the end of 2012. [AP]
• All the competition online appears to be taking a toll on the Zagat guide series. Sales are down and the company has been laying off staff. [NYP]
• It was a mixed bag for Hollywood studios hoping for a big summer box office. Revenue was up 2 percent, but attendance fell 2 percent, too. [NYT]
• The Final Destination and Inglourious Bastards came in at No. 1 and 2 at the box office this weekend, beating out a handful of newcomers. [LAT]
• Following in the footsteps of the Wall Street Journal and New York Times, USA Today is the latest newspaper to launch an online "wine club." [E&P] More
Media Roundup
Charles Gibson Retires, Diane Sawyer Replaces Him
• Charlie Gibson is retiring as anchor of ABC's World News Tonight at the end of the year; he'll be replaced by Diane Sawyer, who is stepping down as anchor of Good Morning America to take the job. And now Brian Williams will soon be the only man anchoring a nightly network newscast. [NYP]
• The 66th installment of the Venice Film Festival kicked off today. [THR]
• Thanks to the success of Royal Pains and Burn Notice, USA has scored the highest summer ratings in the history of cable television. [B&C]
• Current TV's Laura Ling and Euna Lee have broken their silence and are now describing some of what happened when they were captured in North Korea. Not all it, though. You'll have to buy their book to read the rest. [LAT]
• Is Jared Kushner looking to unload the Observer? That's the rumor. [Gawker] More
Media Roundup
A Jackson Reality TV Show, Elle Combats Homelessness
• Just when you think members of the Jackson family can't possibly stoop any lower comes confirmation they've agreed to do a reality TV show for A&E. It's going to be "genuine," says the show's producer. Clearly. [THR]
• Because the public has been clamoring for 24/7 access to fake wrestling matches, the WWF is now hoping to start up its own cable network. [NYP]
• More on what went down when Vogue editor Anna Wintour sat down to chat with David Letterman on his show last night. [WWD]
• Sony unveiled its electronic reading gizmo/Kindle competitor today. [NYT]
• The Observer's Jason Horowitz is leaving for the Washington Post. [NYO]
• A homeless woman has scored a four-month internship at Elle. Just wait until Elle "employee" Olivia Palermo gets her hands on her on the next season of The City. Homelessness, we presume, will never have looked so good. [Gawker]More
Media Roundup
The Weinsteins Dodge a Bullet
• Harvey and Bob Weinstein are breathing a sigh of relief today. Quentin Tarantino's Inglourious Basterds did better than expected at the box office this weekend, raking in $37.6 million in sales. Not that one good weekend will be enough to lift the studio out of the financial mess it is in. [NYT, THR, WSJ]
• Related: In what may be a first for a movie opening, Inglourious Basterds seems to have benefited by a "crest of tweeting goodwill." [THR]
• Some 48 years after it was first published, Julia Child's Mastering the Art of French Cooking is now No. 1 on the New York Times' best-seller list. [NYT]
• Has the Glenn Beck brouhaha made advertisers skittish about buying commercial time during political shows in general? [AdAge, Politico]
• Jared Kushner's New York Observer is launching a new paper called The Commercial Observer. It's about commercial real estate, naturally. [NYT]
• Magazine newsstand sales continue to suffer, not surprisingly. [AdAge]More
Media Roundup
Ben's Big New Deal, Another Rough Quarter For Viacom
• Ben Silverman didn't have much success during his two-year stint at NBC, but that didn't stop him from scoring a super-sweet deal with Barry Diller's IAC. His new venture will reportedly give him $100 million to play with. [NYP]
• Viacom, the media conglomerate controlled by batty billionaire Sumner Redstone, reported that profits plunged 32% in the second quarter. [NYT]
• Struggling McGraw-Hill reports quarterly profits dropped 22.7%. [PC]
• The Daily News and sportswriter Adam Rubin are refuting the claims of Mets management that Rubin tried to get himself a job on the team. [E&P]
• Amanda Hearst has landed a job at Hearst's Marie Claire. It's a miracle! [P6] More
Media Roundup
Potter Debuts, Fortune Revamps, Twitter Gets Hacked
• The Harry Potter frenzy kicked off last night when the latest installment debuted at midnight last night and raked in $22.2 million in the process. [THR]
• Jared Kushner's struggling Observer is still hunting for a new editor. [DF]
• Time Inc. has "assembled a high-level SWAT team" to revamp Fortune. [NYP]
• The most successful magazine at the moment? Fitness. Obviously! [Folio]
• Ukraine's Culture Ministry has banned Brüno because "it's immoral." [THR]
• A hacker accessed the computers of several Twitter employees, made off with a big bunch of documents, and is now leaking the info online. Technology! [TC]
• Is NBC's wacky, new terrorist-hunting reality show going to put war correspondents in danger's way? Guess we'll find out shortly, right? [NYO] More
Media Roundup
BusinessWeek, Brüno, Bernie & Jared Kushner
• Looking to buy a struggling business magazine that's losing advertisers right and left? You're in luck. McGraw-Hill has put BusinessWeek up for sale. [BN]
• The hottest interview in TV-land right now? Bernie Madoff, naturally. [B&C]
• Not such great news for the television biz: Most networks are experiencing a double-digit drop in summer ratings compared to last year. [USAT]
• MySpace is no longer a "place for friends." (That's what Facebook is for.) It's a Web site "for accessing entertainment and related information." [WSJ]
• Former Observer reporter Gabriel Sherman takes a look at Observer owner Jared Kushner in this week's issue of New York. Among other things, Kushner says he found the paper "unbearable" until he bought it. [NYM]
• Brüno's $30 million gross made it No. 1 at the box office this weekend. [THR] More
Media Roundup
Advertisers Rebel, Kushner Expands
• Advertisers are asking (demanding) that TV broadcasters cut prices by as much as 15 percent. The networks? They're not so happy about it. [LAT]
• Jared Kushner's Observer is launching a supplement for "stroller-wheeling New York City moms." The glossy is set to debut in September and "will address family-friendly topics for the society set and celebrity parents." [WWD]
• Rupert Murdoch's News Corp. has sold off The Weekly Standard magazine to Denver-based media mogul (and fellow conservative) Phil Anschutz. [AP]
• ABC is changing up its executive management structure. [THR]
• Conan O'Brien was victorious in his second week up against Letterman. [NYT]
• Speaking of Letterman, Olive Garden—the "Italian" chain restaurant that you should never eat at even if you're dying of starvation—is canceling all of its spots on Letterman's show in solidarity with Sarah Palin. [Politico]
Media
Black Friday at the Observer | A bloodbath at Jared Kushner's New York Observer is unfolding this afternoon. Gawker has the details. [Gawker]









