Philly Takes Lead in Tribune Suit (Newsday)
The City of Philadelphia's Board of Pensions and Retirement said it lost $310,600 by purchasing Tribune stock when the company's executives allegedly failed to detect inflated circulation numbers and then allegedly were tardy in disclosing the problem.

Court Upholds Maryland Governor's Ban on Sun Reporters (Baltimore Sun)
A three-judge panel handed the paper a defeat in its lawsuit against Maryland Gov. Robert L. Ehrlich Jr. that challenged his ban on state executive branch employees from speaking with reporter David Nitkin and columnist Michael Olesker, who has since left the paper.

XM Satellite Radio Loss Widens, Director Quits (Reuters)
XM, which last week signed Oprah Winfrey to program her own channel for XM Satellite Radio under a three-year, $55 million deal, said its cost of attracting additional subscribers rose by 39 percent in the fourth quarter. Revenue more than doubled and topped Wall Street expectations.

Hallmark Cards to Launch Magazine (Ad Age)
So you can't get enough of pithy sayings and heartwarming pictures of kittens? You find Oprah a little too abrasive and want something a little more nurturing? Well you're in luck; the touchy-feely folks at Hallmark are putting together a glossy.

Hollywood's Media Honcho (Forbes)
Jim Brady: Why did Variety editor Peter Bart return to journalism and stop making pretty good movies and all that dough? "I woke up one morning and realized every studio in town was owned by a multinational corporation, and I said, 'the hell with it' and got out."

TomKat Bares Litigious Claws at Mag (Arizona Republic)
Suzanne Condie Lambert: Tom Cruise and Katie Holmes are as committed and in non-creepy love as ever. And what about Life & Style magazine's story, which says otherwise? Let's just say TomKat's attack lawyers have been fitted with their extra-fancy spiked collars.

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