Return of the Media Queen: Tina Brown (Guardian)
She edited the New Yorker and Vanity Fair, and became the toast of Manhattan before launching Talk, her own ill-fated title, as the last century drew to a close. But now Tina Brown, the Briton who conquered New York, is back, touting an explosive new book about Princess Diana to mark the 10th anniversary of her death. And she is not pulling any punches.

ABC Plans User-Generated Video Newsmagazine Show (Variety)
ABC is hoping to reinvent the newsmagazine for the YouTube generation with a show produced by ABC News but based on user-generated video. The hourlong i-Caught will get a six-week run on the network starting Aug. 6 and then return midseason to replace The Bachelor on Monday nights.

WABC-TV Back on Air After Fire Disruption (ABC News)
"WABC is back up and running, with a bit of a different look. Our studio was badly damaged by a fire late Sunday night, knocking us off air for a short time. After a lot of work overnight, we are back on the air. Progress has been made but there is still a long way to go."

Wall Street Maniac Jim Cramer Explains His Critics, the Market, and Himself (New York Mag)
Jim Cramer: No one with a television show who attacks people and companies as relentlessly as I do has any right to complain about this, but don't you think the whole thing is a little strange? Why do people care so much about this Cramer bozo? Why do so many people seem to enjoy watching me act like a lunatic on television, and what the heck are so many young people doing watching a 52-year-old man talk about stocks?

Candidates Put Faith in MySpace (FT)
News Corporation will soon be able to track and monitor online donations made to presidential candidates through its MySpace subsidiary, giving the media group an increasingly prominent role in the 2008 presidential election. This involvement in candidates' fundraising is new territory for News Corp, which, until now, has limited its interest in presidential elections to media coverage.

Mag Companies Start Doing the Work of Ad Agencies (IHT)
Like executives at advertising agencies, Richard Beckman and his team talk to managers at consumer brand companies about the customers they want to reach. Four to six weeks later, they present a marketing and advertising plan. But Beckman does not run an advertising agency. He is president of Condé Nast Media Group.

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