Cityfile: New York's Most Notable and Influential

• 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

• All is not well at ABC. The hoped-for comeback of Who Wants to Be a Millionaire? didn't happen and ratings have been so low, the network is now occasionally falling behind Univision. Yes, Univision. [NYT, B&C]
• The owners of Uptown magazine are in talks to acquire Vibe, which shut down in June. What they plan to do with it is anybody's guess. [AdAge]
• Tina Brown's Daily Beast is on the move: She's planning to launch a U.K. version of the Barry Diller-funded website within months. [Telegraph]
• Not every magazine in America is struggling, apparently! [Newsweek]
• Is MTV planning to leave Times Square? Quite possibly. [NYP] More

• Desperate times, desperate measures: The New York Times is thinking about charging a $5 monthly fee for access to its Web site. [BN, NYP]
• Jay-Z is close to signing a book deal with the Spiegel & Grau imprint of Random House; the book will include "the stories behind his lyrics." [NYO]
• Moneyball lives: Sony Pictures is attempting to salvage the movie by hiring Aaron Sorkin to polish the script and adding Scott Rudin as a producer. [NYT]
• A list of prominent media/web people and their public speaking fees. [PC]
• The media moguls in Sun Valley may not be interested in buying Twitter, but there is some good news: The British royal family has signed up! [AP]
• Discovery Channel has been promoting "Shark Week" by sending out bloody swim trunks and personalized obituaries to reporters. Charming. [Movieline]
• Depressing news: Ryan Seacrest makes a lot more money than you do. [THR]
• Great news: NBC's Jeff Zucker says we may have reached bottom. [B&C]

• HarperCollins is launching a new imprint which will focus on "pop culture, sports, style and content derived from the Internet." Clever! [NYT]
• Sony Pictures is cutting 300 employees, or 4% of its workforce. [LAT]
• YouTube and Universal are in talks to build a "hub" for music videos. [WSJ]
• Jon Stewart went to town on CNBC last night, in case you missed it. [Portfolio]
• For some reason, NBC has decided to bring back Heroes next season. [THR]
• In the first two months of this year, 7,453 jobs were lost at media companies. You know, just in case you're keeping track or whatever. [THR]