TVNewser breaks the news and owns the story...

The statement:

"Effective immediately, MSNBC will no longer simulcast the "Imus in the Morning" radio program. This decision comes as a result of an ongoing review process, which initially included the announcement of a suspension. It also takes into account many conversations with our own employees. What matters to us most is that the men and women of NBC Universal have confidence in the values we have set for this company. This is the only decision that makes that possible. Once again, we apologize to the women of the Rutgers basketball team and to our viewers. We deeply regret the pain this incident has caused."

Steve Capus message:

"Over the course of the last week many of you have reached out to me and expressed your strong viewpoints on the Don Imus situation. I've had countless conversations, e-mail exchanges and phone calls with people throughout this company. I've heard you loud and clear. Therefore, we are announcing tonight that MSNBC will no longer simulcast the Imus radio program...

My primary concern has been and always will be the integrity of this division. We are the guardians of the good name of NBC News -- each and every one of us. There has been a trust placed in us. We must honor and respect this trust. That, in short is why we have taken this action.

CBS still hanging on...

More here, here and here.

Obama agrees. As does Hillary. Not Edwards.

Says Ann Coulter:

Imus should apologize to the Rutgers women -- and those women alone -- send them flowers, and stop kissing Al Sharpton's ring.

This wasn't an insult to all mankind, and certainly not an insult to Al Sharpton. Now, if Imus had called the basketball players "fat, race-baiting black men with clownish hairstyles," well, then perhaps Sharpton would be owed an apology.

And what's next? A tipster tells TVNewser:

5:50pm: "Imus is a goner," a forward-thinking e-mailer says. "Now I think we need to figure out what MSNBC's new show will be. I like a Contessa Brewer/Amy Robach show..."