What’s Going On With Rupert Murdoch and Mort Zuckerman?Yesterday a blog item reported that the ‘Daily News’ owner is considering selling his paper to the News Corp. mogul. Today, an editorial by the former appears in the paper of the latter.
ByChris Rovzar
media deathwatch
WNYC Confirms Layoffs, CutbacksThe public radio station will lay off four people and eliminate eleven unfilled positions. Senior staff will take a pay cut, as well.
ByKathryn H. Cusimano
media deathwatch
Reshuffling, Reimagining at OK!The celebrity weekly will focus more on style. Also, several editors are out. That and the rest of today’s media news.
Look! The ‘Journal’ Redesigned Its Web PageJust in time for an epic international financial crisis, WSJ.com gets a pretty makeover. At least some people are taking care of themselves these days.
Anti-Feminist Sues Columbia Over Women’s Studies ProgramRoy Den Hollander, the guy who sued against ladies’ night promotions at nightclubs, is at it again. Plus, no one cared that the New York ‘Times’ raised its cover price, and Lehman sells a key asset.
intel
Liberal Columnist Thomas Frank: ‘Journal’ Readers ‘Get Him’The 2008 addition to the paper’s opinion roster says the financially minded readers of the ‘Journal’ understand what he’s talking about, as opposed to the readers of the “small lefty magazines” he used to write for.
company town
The Obamas All Over the Glossy Newsstand, Once AgainMichelle and Barack appear on the covers of ‘Ebony’ and ‘Essence.’ But Meghan McCain has an interview in ‘Glamour’! Plus the latest on Barbara Corcoran, John Thain, and the other captains of industry.
‘Times’ to Raise Cover Price 25 CentsPlus AMI is headed for tough times, Fox News makes fun of Nas, Andrew Cuomo looks into AIG, and more, in our daily industry roundup.
white men with money
Hedgies of the ApocalypseAs the markets decline, hedge funds like Philip Falcone’s and John Paulson’s still manage to rake in the dough.
company town
Citigroup Posts $2.5 Billion LossA lot of big news at the banks today — but there’s also crazy stuff going down with Jeff Zucker, Dan Rather, Brooke Astor (from beyond!), and Barack Obama, in our daily industry roundup.
Chairman Cox Bans Naked Short-SellingHeh. Naked short selling. Sounds like something a frat boy would do, right? Well … it sort of is. Read all about the SEC’s bold move to crack down on market manipulators and more, in our daily roundup of finance, media, law, and real-estate news.
Tabloids Will Reportedly Pay $12 Million for Pictures of Brangelina TwinsThat’s a whole $8 million more than the couple got for Shiloh! Is it because there’s two of them or because of inflation? Plus: Citigroup’s seven-point plan for saving itself, the Palazzo Chupi triplex goes on sale, and other things that make you go hmmm, in our daily roundup of media, finance, real-estate and law news.
Ashley Alexandra Dupré Drops Suit Against ‘Girls Gone Wild’Technically, the famous call girl is forced to admit, she exploited herself. Plus! Boutique hotels in Brooklyn are fighting, NBC gets a bargain on the Weather Channel, and we all may all end up paying for the Fed bailout of Bear Stearns, in our daily roundup of law, real estate, media and finance news.
