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PH2009050402581.jpgTimes Co. Postpones Threat to Close Boston Globe (NYT)
After wringing concessions from all but one of the Boston Globe‘s labor unions, The New York Times Co. on Monday postponed its threat to start the process of closing the Globe, leaving the newspaper’s immediate future resting on talks with the largest union, the Boston Newspaper Guild. WaPo: “It’s just been terrible,” said columnist Alex Beam. “There’s a feeling that everyone’s expendable.” WaPo: It’s almost impossible to think of Boston without the Globe, writes Eugene Robinson.

New York Times Union OK’s Five Percent Pay Cut (Reuters)
Unionized employees at The New York Times newspaper on Monday ratified a five percent pay cut. New York Times newspaper employees who are members of the New York Newspaper Guild voted 377 to 36 to approve the pay cut agreement. NYO: Union chief says layoffs are still inevitable.

White House Says No Bailout for Newspapers (AP)
The White House on Monday expressed “concern” and “sadness” over the state of the ailing US newspaper industry, but made clear that a government bailout was not in the cards. “I don’t know what, in all honesty, government can do about it,” White House spokesman Robert Gibbs told reporters.


Glenn Beck to Share in Book Profits in New Deal (TVNewser)
Glenn Beck’s new multi-book deal with Simon & Schuster will give him more of a share in the profits of each book, as well as increased creative control. “I’d rather take a lower advance and have a partnership,” said Beck. “I’ll bet on myself and a smart person on the other side of the table every time.”

NBC’s Meet the Press Losing Its Sunday Talk Ratings Lead (LAT)
Meet the Press, the king of Sunday morning TV news talk shows, could soon lose its throne. While NBC’s Meet the Press with David Gregory still holds the lead as of the Nielsen April 20 numbers, the ratings battle, which has been heating up for months, rages on.

NBC Offers Marketers an Expanded Fall Lineup (NYT)
Much of NBC’s fall plan revolves around Jay Leno and his new 10 p.m. weeknight comedy show. The network also announced that it would add at least four new dramas and two new comedies to its lineup, although some may not appear until winter. AdAge: NBC says Leno is “advertiser-friendly,” and is willing to do live commercials.

Appeals Court Will Reassess Janet Jackson Super Bowl Decision (AP via Newsday)
The Supreme Court on Monday ordered a federal appeals court to re-examine its ruling in favor of CBS Corp. in a legal fight over entertainer Janet Jackson’s “wardrobe malfunction.” The high court on Monday directed the appeals court to consider reinstating the $550,000 fineimposed by the FCC.

Decline in Ad Spending Quickens Pace at 9.2 Percent (WSJ)
In a sign that marketers have begun to deepen their cutbacks, TNS Media Intelligence, an ad-tracking firm owned by WPP PLC, reported Monday that ad spending in the fourth quarter fell 9.2 percent from a year earlier. The fourth-quarter decline was more than twice as steep as the 4.1 percent drop for 2008 as a whole.

Portfolio Publisher Lands at Conde Nast Traveler (NYO)
William Li, the publisher of Portfolio is staying with Conde Nast and will take the associate publisher position at Conde Nast Traveler. “Opportunities to work at blue chip brands like Conde Nast Traveler don’t come around often,” he said. Li was Portfolio‘s publisher from 2008 until last Monday.

CW to Cede Sundays — Will Program Only Five Nights (Hollywood Reporter)
Starting this fall, the CW network will likely be programming only five nights a week. After it experimented unsuccessfully with outsourcing its Sunday lineup to an outside company, MRC, last year, the CW will give Sunday night back to its affiliates.

Oprah Winfrey to Launch Jenny McCarthy Talk Show (People)
The outspoken Jenny McCarthy is joining forces with TV’s queen of talk, Oprah Winfrey — for, among other projects, her own talk show. For starters, McCarthy, 36, has already launched her own blog on Oprah.com.

Reader’s Digest to Shutter Spanish-Language Edition (Mediaweek)
Reader’s Digest Association is folding the U.S. edition of RD Selecciones, its 37-year-old Spanish language version of company flagship Reader’s Digest. The June issue will be the last. Selecciones continues to publish 17 other editions around the world.

Tribune Reporter Leaves to Become ‘Farmer Housewife’ (Chicago Tribune)
Emily Achenbaum: I’m leaving to see how self-sufficient I can be. I’m going to try growing our own vegetables, learn how to can and preserve them, and shop locally for everything else. We’re going to see how little we can buy and how much we can reduce our use of electricity.

Can the Celebrity Weeklies Be Saved? (HuffPo)
Mark Pasetsky: There are three big reasons why the category is in a crisis and the celebrity weekly bubble has burst: Too many staffers are doing one job function, they ignore the success of celebrity blogs, and there is too much text.

‘Homeless Real World’ Seeking TV Home (B&C)
In 2007, online-video network Mania TV began documenting the lives of six homeless people in Denver — but the reality show was deemed too edgy, and the series never ran. Now the four partners who produced it have begun to rework the 160 hours of footage in hopes of finding it a home on TV.