• The Wall Street Journal has the Times in its sights. The paper is hiring a dozen reporters to cover local news and will launch a NYC edition next year. [NYT]
• As expected, a big round of layoffs at Time Inc. is underway. [Gawker, NYT]
• Harvey and Bob Weinstein may be looking to buy back the Miramax name from Disney now that it's being disbanded. That's the rumor anyway. [Wrap]
• Bloomberg plans to make BusinessWeek "bigger, glossier, and more international." Oh, and it may start charging for access to the BW site. [MW]
• The Oscars will have two hosts: Steve Martin and Alec Baldwin. [LAT]More
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Roundup: Media & Entertainment
Roundup: Media & Entertainment
• Bad news for CNN: The network now occupies fourth (and last) place in the cable news ratings. Not only did it fall behind Fox News and MSNBC in October, it also dropped below its sister network HLN as well. [DF, NYT]
• More bad news for newspapers: Sales were down 10 percent between April and September; the New York Times' weekday circulation has now fallen below 1 million for the first time in two decades. [AP, NYT, AdAge]
• As rumored, Forbes carried out a round of job cuts today. [NYT]
• Ricky Gervais will be the host of the 67th Annual Golden Globes. [LAT]
• If you love Top Chef and Top Chef Masters, you'll be pleased to hear that a third iteration, Top Chef: Just Desserts, will debut on Bravo next year. [THR]
• Rosie O'Donnell's new Sirius XM show debuts next week. Get excited! [USAT]
• Self editor Lucy Danzinger has no need for the Town Cars normally provided to Condé Nast editors. After she's finished running six miles in Central Park in the morning, Condé's bravest editor straps on a helmet and bikes to work! (Except when it's snowing or she has an important meeting, of course.) [NYT]
Roundup: Media
• The New York Times Co. reported a $35.6 million loss for the third quarter as ad revenue plunged 30 percent. But it was better than what Wall Street analysts were predicting, so the stock shot up 22 percent today. [NYT]
• New York magazine's chief says there are no plans to sell the magazine following last week's death of owner Bruce Wasserstein. [AdAge]
• Newsday plans to charge $5 a week to access to its website. [NYT, [E&P]
• Fortune is cutting back on the number of issues it publishes. And Time Inc., Fortune's publisher, is planning another round of job cuts. [WSJ]
• On the same day Sarah Palin's memoir is published, the Nation will release Going Rouge, an identical-looking book that mocks the ex-governor. [Politico]
• As if losing billions of family money wasn't enough of a punishment, France says it plans to put Warner Music chief Edgar Bronfman Jr. on trial for insider trading in connection with the 2000 merger of Vivendi and Seagram. [NYP] More
Roundup: Media
• It's Tuesday, which means fresh job cuts at Condé Nast have been revealed. In addition to the dozen Glamour staffers laid off yesterday, Style.com will cut Candy Pratts Price. And 200+ more layoffs could be ahead. [WWD, NYP, FWD]
• Maybe Condé Nast's fancy iPhone application, which was announced today, will stem the red ink? Maybe not. But it certainly can't hurt either. [AdAge]
• BusinessWeek editor-in-chief Steve Adler says he will step down once the sale of the magazine to Bloomberg LP is completed in about a month. [BW]
• Sarah Palin will be Oprah's guest on November 16 as the former governor embarks on her book tour. Many of her fans aren't happy, unsurprisingly. [CT]
• The search for a Good Morning America co-host continues at ABC News. The front-runner at the moment seems to be George Stephanopoulos. [LAT]
• Malcolm Gladwell says journalists shouldn't go to journalism school. [Time]
• Harvey Weinstein's book publishing company is giving up its independence. It will be combined with Perseus Books starting December 1. [WSJ] More
Roundup: Media
• The New York Times says it will cut 100 newsroom jobs, or roughly 8% of its editorial workforce, via buyouts and/or layoffs. [NYT, NYO]
• The Condé Nast cuts continue today at Wired, Glamour and Lucky. [Gawker]
• The bad news for NBC: It's facing blowback from its affiliates over Jay Leno's 10pm show. The good news: MObama is booked on Leno this Fri. [LAT, AP]
• Meanwhile, Vivendi, NBC and Comcast are inching along in their respective negotiations to hand over control of the network to Comcast; and former News Corp. exec Peter Chernin has signed on to advise the cable giant. [NYT, WSJ]
• CBS News paid tribute to late 60 Minutes creator Don Hewitt today. [AP]
• Ticket sales were up big this weekend. As expected, Where the Wild Things Are came in No. 1 at the box office with $32.5 million in sales. [LAT, THR] More
Media Roundup
Vogue Cuts, The NYT Changes Course & The WSJ Wins
• The Condé Nast job cuts have made their way to Anna's domain on the 12th floor of 4 Times Square: Vogue laid off six staffers today. [AllThingsD]
• More bad news for Condé: some advertisers are reportedly "jumping ship" after the recent shake-up at Brides. On the plus side, The New Yorker appears to be hiring, so you can take that as good news if you'd like. [NYP, NYO]
• Remember how the New York Times Co. was planning to sell the Boston Globe? Yea, well, NYT publisher Artie Sulz has changed his mind. [AP, BG]
• Mike Bloomberg totally approves of Bloomberg LP's decision to buy BusinessWeek. Translation: The mayor backs the decisions he, himself, makes even if he contends that he wasn't actually responsible for making them. [NYT]
• Is Bloomberg LP's acquisition of BusinessWeek part of a big, new plan to compete with the Wall Street Journal and Dow Jones? Sure seems like it. [NYT]
• Meanwhile, WSJ staffers gathered today to toast the news that the Journal has surpassed USA Today as the top-selling paper in the U.S. [Politico, E&P]
• CBS News is now "investigating" the David Letterman saga (and his employer CBS!) as part of a future story. That must be a bit awkward, huh? [NYO] More
Food

Hey, Ho, It's Sam Sifton | Sam Sifton, the New York Times' brand new restaurant critic issued his very first review today! DBGB, the most recent addition to Daniel Boulud's dining empire (and "one of our more gregarious and intelligent restaurateurs, according to Sifton) landed a solid two stars from the man chosen to succeed Frank Bruni. Do forgive him, though, for starting off the review with the words, "Hey, ho, let's go!" He's new around here and probably pretty excited about his new gig, which makes him the city's most powerful food person. But he should calm down after he eats his way through the first 100 meals or so. [NYT]
Media

A Sulzberger Defends His Own | An relatively unnoticed supporting player at the trial of Anthony Marshall was A.G. Sulzberger, the great-grandson of Metropolitan Museum trustee and New York Times chairman Arthur Hays Sulzberger, grandson of Arthur Ochs "Punch" Sulzberger, the longtime chairman of both the Times and the museum, and son of Arthur Ochs "Pinch" Sulzberger, Jr., who now runs the paper. More
Media Roundup
More Condé Fallout; The Project Runway Videogame
• It's been two days since Condé Nast announced plans to shut down four of its magazines, but the bad news continues to trickle in. According to some number-crunching by Newsweek, the magazine giant could see ad revenue drop by $1 billion in 2009; rumor has it additional layoffs went down today; and the decision to shutter Gourmet is still generating controversy.
• CBS execs must be breathing a sigh of relief. Despite the insane media attention focused on David Letterman's sex scandal over the past week, Late Show advertisers appear to be sticking by him. [NYT]
• TV news: NBC has canceled the cop drama Southland. And ABC is picking up three show for the full season: Modern Family, Cougar Town, and The Middle.
• A Project Runway videogame is coming to the Wii next spring. [Variety] More
Media Roundup
Mort's Bid For BW, Condé Rumors & Cable Ratings
• Who hasn't looked at buying BusinessWeek by now? Daily News and US News owner Mort Zuckerman appears to be the latest mogul to join the party. [BW]
• The wave of job cuts at Condé Nast could begin in a few weeks or in a few months, depending on who you ask. But either way, it's going to be ugly. [NYO]
• Fox News continues to trounce the competition: Both CNN and MSNBC experienced big declines in ratings during the third quarter. The situation appears to be especially bleak at CNBC, however. [B&C, HuffPo, ZH]
• Simon & Schuster is shaking things up at a couple of its imprints. [Crain's]
• The New York Times is planning to introduce a Chicago-centric edition of the paper. That's in addition to the San Fran edition launching this fall. [NYT]
• Related: Is the New York Times going to start charging readers to access its website? That's still unclear, but the answer should be coming soon. [NYO]
• "Print is undead," reports the undead print newspaper the Village Voice. [VV] More
Media Roundup
Time Warner Rumors, Condé Cuts & SNL
• Is Time Warner planning to shed its Time Inc. magazine division? [Crain's]
• Condé Nast is hunkering down for a big round of budget cuts, as you've probably heard. One Condé title that happens to be doing quite well: Vanity Fair's Italian edition, which having its best year ever, apparently.
• Saturday Night Live's Jenny Slate won't be punished for cursing on the air. But it's looking like Darrell Hammond may have been dropped from the show.
• Tina Brown's Daily Beast is planning to get into book publishing. [NYT]
• Former Times film critic (and Turner Classic Movies host) Elvis Mitchell is in financial trouble again: He reportedly owes $500,000 in back taxes. [P6]
• How much the cast of The Hills makes might make you nauseous. [TDB]
• Can Twitter ever earn enough in advertising revenue to justify its recent valuation of $1 billion? It's highly unlikely, say some observers. [AdAge]
• Cloudy With a Chance of Meatballs was No. 1 again this weekend. [LAT] More
Media Roundup
BusinessWeek's New Bidder; John Stossel Joins FNC
• It looks like there's a new frontrunner to take over BusinessWeek. Mayor Bloomberg's media company, Bloomberg LP, has bypassed Bruce Wasserstein as the leading contender to take over the McGraw-Hill-owned mag. [NYP]
• After close to three decades at ABC News, John Stossel is leaving the network to join Fox News and Fox Business Channel. [FNC, TVN]
• Not all magazines are closing down or trimming operations. Cesar Millan and IMG have launched a title for dog owners called Cesar's Way. [WSJ]
• There's been an editorial shakeup at O, The Oprah Magazine. [NYP, WWD]
• Will this season be the last for Oprah Winfrey's daytime talk show? [NYDN]
• Graydon Carter appears to have been granted a pass. The Vanity Fair editor reports he hasn't been forced to sit down with the flock of cost-cutting McKinsey consultants now prowling the halls of Condé Nast. [NYO]
• A judge has tossed out a lawsuit by Missy Chase Lapine, the author who claims Jessica Seinfeld ripped off her cookbook last year. [AP]
• According to the Wall Street Journal, "Bonnet books," or Amish love stories, are "a booming new subcategory of the romance genre." Who knew? [WSJ]More
Media Roundup
The Cronkite Memorial, Another Times Kidnapping
• A long list of media luminaries and politicians, including President Obama and former president Clinton, turned out for this afternoon for a memorial service at Avery Fisher Hall in honor of Walter Cronkite. [WP, NYT, LAT]
• Stephen Farrell, a New York Times reporter taken hostage by militants in Afghanistan, was freed early this morning following a raid by British commandos; his Afghan interpreter, however, was killed. [NYT, E&P]
• The McKinsey consultants who have been reviewing operations at Condé Nast are finishing up their work and will be submitting their findings shortly. So what changes are in store for the magazine conglomerate? No one knows for sure, but further budget cuts and a closure or two are entirely likely. [NYO]
• McGraw-Hill, the parent company of BusinessWeek, reports that 93 different buyers have expressed an interest in acquiring the struggling magazine. [BN] More
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









