Cityfile: New York's Most Notable and Influential

• 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

• 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

• Barack Obama's appearance on David Letterman's show last night helped the Late Night host score his second-highest ratings ever. [NYT, WP]
• Dan Rather scored a couple of victories in his suit against CBS: A motion by the network to dismiss the case was denied by a judge; and Rather's lawyers will be permitted to question Viacom chairman Sumner Redstone. [Reuters]
• Yesterday, activists handing out fake copies of the Post outside its offices were detained by cops. Today, the paper says it was "flattered" by it. [NYP]
• Book deals: Jenny Sanford, the estranged wife of South Carolina Gov. Mark Sanford, is writing "inspirational memoir" for Random House. And Andrew Young, an aide to former Senator John Edwards, has landed a deal with St. Martin's Press' Thomas Dunne Books to publish his tell-all memoir.
• In an effort to keep more viewers tuned in, ABC plans to reduce—yes, reduce—the number of commercials in the premieres of its new shows. [LAT]
• Fox won the opening night of the fall season, a first for the network. [THR]More

• 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

• Despite unkindly reviews from most critics, the Transformers sequel racked up $112 million at the box office over the weekend, bringing its five-day gross to more than $200 million. [THR]
• Don't worry too much about the New York Times going under. AdAge reports the paper should be in business until at least 2011. [AdAge]
• Viacom is not going to buy MySpace from News Corp., alas. [Reuters]
• NBC Universal chief Jeff Zucker is so concerned about the situation at the company's film division, he's sending his CFO to LA to crack skulls. [NYP]
• More bad news for the TV biz: According to a new report, the industry faces a $2 billion ad slump over the next four years. [FT]
• Not only did the New York Times keep news of reporter David Rohde's kidnapping a secret, the paper kept it off of Wikipedia, too. [NYT]
• MSNBC's is hoping broadcasting in HD boosts ratings. [B&C]
• Kate Gosselin's next book has been postponed; you can guess why. [NYP]
• VH1 has two new hip-hop-themed reality shows in the works. [THR]

• Say it ain't so, Sue: WNBC may be planning to drop the 5 o'clock newscast, Live at Five, in favor of a "lifestyle show" of some sort. [NYO]
• Richard Branson does not want to buy Playboy. Sorry, Hugh. [Reuters]
• NBC ratings hit a new low last week. [AP/HuffPo]
• Naturally, NBC Universal chief Jeff Zucker painted a much rosier picture when he appeared on stage at the D7 conference yesterday. [ATD]
• Were you aware that some magazines Photoshop their pics? It's true! [NYT]
• If MGM doesn't come up with some cash quick, it could go bankrupt. [THR]
• Page Six's Paula Froelich took time from promoting her new novel, Mercury in Retrograde, to kick Michael Wolff's ass across the room. [BlackBook]More

• The New York Times Co. has reached a "tentative agreement" with its union to impose a 5 percent pay cut on employees through the end of the year. [NYP]
• Disney's ABC is joining Fox and NBC and taking a stake in Hulu. [AdAge]
• As expected, Time Warner said it may spin off AOL. But it may end up selling it, too. Either way, Gerald Levin, Dick Parsons and Steve Case will still be responsible for the worst merger in American corporate history. [NYT]
• Viacom reported that first quarter profit dropped 34 percent amid falling revenue at both its film and TV networks businesses. [AP]
• Related: Viacom boss Sumner Redstone is as senile as ever. At the Milken conference in Beverly Hills, he said he wouldn't comment on his competitors before lashing out at Ted Turner, Rupert Murdoch, and Jay Leno. [THR] More

• Chris DeWolfe is out as the CEO of News Corp.-owned MySpace. [CNN]
• More on Peter Kaplan's split from Jared Kushner's Observer, and the rumor Kaplan is now heading to Condé Nast Traveler. [NYT, WWD, DHD]
• ABC has renewed 12 series, including Dancing with the Stars, The Bachelor, Grey's Anatomy, and Desperate Housewives. [THR]
• Viacom, the parent company BET, is planning to start up a new cable TV channel for middle-aged African-Americans. [NYT]
• Barry Diller is looking to shed his email newsletter Very Short List. Bob Pittman and Jared Kushner have taken a look; co-founders Kurt Andersen and Michael Jackson are considering a management buyout. [NYP]
• The New York Times Co. foundation is suspending its grants and no longer matching employees' charitable donations. [Gawker]More

• The recession hasn't been all that bad as far as Hollywood is concerned: Ticket sales this year are up 17.5% and attendance is up 16%. [NYT] 
• Viacom and CBS chieftain Sumner Redstone will have until the end of next year to sell off assets in order to repay his enormous pile of debt. [WSJ]
• Hearst is looking to charge readers for online access to its newspapers. [WSJ]
• Univision has laid off 300 people, or 6 percent of its workforce. [AP]
• Hachette is planning to reorganize its collection of women's titles. [WSJ]
• The recession has forced food mags to focus on cheap dining options. [NYT]
• Sarah Silverman's Comedy Central show hasn't been renewed yet and now the show's executive producers have threatened to quit the network. [THR]
• Madea Goes to Jail was No. 1 at the box office again this weekend. [NYDN]
• Another Bernie Madoff-related book is in the works. [NYP]

• Arthur Gregg Sulzberger, the son of New York Times publisher Arthur Sulzberger Jr., is joining the paper next week as a Metro reporter. [NYO]
• Following a huge fourth quarter loss, Playboy says it's now up for sale. [Folio]
• It's rumored that Viacom is laying off staff today. [Gawker]
• Newsweek staffers are unhappy about recent changes at the mag. [NYP]
• Sean Delonas is in hot water for his cartoon in the Post today. [E&P]
• Mort Zuckerman says he can fix the Daily News by printing it in color. [MM]
• Vanity Fair is shutting down its German edition. [WWD]

• Viacom reported a 69 percent drop in its fourth-quarter profit today. [NYT]
• Vibe is cutting back to 10 issues a year and merging its print and digital operations. It's also slashing pay and adopting a four-day workweek. [AdAge]
• Sirius XM is looking to sell the company to Liberty Media in order to fend off a takeover by satellite entrepreneur Charles Ergen. [WSJ, NYT]
• Paul Allen's Charter Communications may file Chapter 11 by April. [THR]
• Scene from Domino's death party last night. [Gawker]
• Quentin Tarantino's Inglorious Basterds will hit theaters this August. [RB]

• Channels like MTV, Comedy Central and Nickelodeon will no longer be available to Time Warner Cable customers beginning at midnight, unless Viacom and Time Warner settle a dispute over fees. [Bloomberg]
• The Village Voice has laid off Nat Hentoff and Lynn Yaeger. [NYT]
• Ratings for MTV's The City and Bromance were disappointing. [THR]
• Pepsi is parting ways with its longtime pitchman David Beckham. [AdAge]
• Hustler publisher Larry Flynt is feuding with his nephews over their plans to launch an adult media company of their own. [NYP]
• Nick Denton's Gawker Media has sold off a site and is selling another. [NYT]
• It's not all bad news these days for journalists, clearly. [THR]

It's ugly out there today, isn't it? Viacom announced this morning that it plans to eliminate 850 positions, cuts that will take place "broadly" across the conglomerate's portfolio of media properties. NBC Universal followed up with the news it's slashing 1,350 positions. Credit Suisse revealed plans to pink-slip 5,300 people. DuPont said it would cut its payrolls by 2,500 people. And AT&T took the cake today with the announcement that some 12,000 employees will be on their own in the near future. If your boss asks to speak with you for "a moment" in the privacy of the conference room today, don't forget to bring tissues with you. [CNN, Dow Jones, WSJ]

♦  The New York Times has endorsed Barack Obama, not surprisingly. [NYT]
♦  If Bravo loses Project Runway, there's always the copycat show Fashion House to fill the void. [NYP]
♦  Maer Roshan's Radar magazine has folded. [Gawker]
♦  OK! has a brand new editor, publisher and executive creative director. [NYP]More

♦  Cuts have arrived at Hearst: Cathie Black (left) is "going floor by floor at the Hearst Tower to trim costs and staff positions." [WWD]
♦  Lloyd Grove talks to Tina Brown about her new site and the economic climate: "It's pretty scary. It's scary, scary, scary." [Portfolio]
♦  The New York Times Co. reported profits fell 51 percent for the quarter amid the drop in advertising sales. Traffic to the Times website, however, is up. [Bloomberg, AP, NYO]More