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Its day 87 covering the Obama administration and week 11 for us. What we know and what we’re reading this Thursday morning…

NEWSPAPERS | TV | ONLINE | NEWS NOTES | JOBS | REVOLVING DOOR

NEWSPAPERS

Tribune Co. Chairman and Chief Executive Sam Zell said his heavily leveraged 2007 acquisition of the company was “a mistake.” “By definition, if you bought something and it’s now worth a great deal less, you made a mistake and I’m more than willing to say I made a mistake,” Zell said.

WSJ, one of the few newspapers that charges for content online, released an app for the iPhone yesterday which sets their content free, poking another hole in one of the Internet’s oldest pay walls.

TV

On TVNewser, how the cablers covered the tea parties here and how evening news did here.

Is Glenn Beck the right’s Keith Olbermann? From the AP, “‘If Charlie Rose was the way to get your point across, Charlie Rose would have higher ratings,” Beck said in an interview less than two hours after putting away the gas can.”

“Channel 4 doesn’t have a pulse.” -ABC 7 anchor Gordon Peterson, overheard by Yeas & Nays, responding to Capitol Police officers who joked that he constantly sets off the magnetometer, even though it never happens to Channel 4 anchors and reporters.

WaPo: Oprah Winfrey is in the clear: Inviting then-Sen. Barack Obama onto her show last year did not amount to a political donation to his presidential campaign, the Federal Election Commission has ruled.

ONLINE

Ashton Kutcher has challenged CNN to a popularity contest on Twitter. The celebrity and the network are racing to get 1 million followers on the micro-blogging site. If he wins, Kutcher says he will “ding-dong ditch” CNN founder Ted Turner‘s house.

MoDo on Google here and Katie Couric on Twitter here.

NEWS NOTES

Slate’s Jack Shafer: “I personally don’t like the way the Huff Post ‘showcases’ the work of other journalists, but I don’t get heated about it, either. Borrowing, sponging, lifting, scrounging, leaching, pinching, and outright theft of other publications’ work is firmly in the American journalistic tradition.”

HAT TIPS: Mediabistro, Romenesko

JOBS and REVOLVING DOOR after the jump…

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New Career Opportunities Daily: The best jobs in media.