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Will LAT's Stanton Replace O'Shea? (E&P)
A source told E&P that Russ Stanton is the frontrunner to replace James O'Shea, who was fired over the weekend in a shakeup at the Los Angeles Times. Stanton has been innovation editor at the paper since January 2007, and is in charge of editorial content at latimes.com. Before that he was business editor. Forbes: The honeymoon is over at Tribune, writes Louis Hau. NYT: The ousted editor of the Los Angeles Times on Monday offered a scathing critique of the newspaper industry and specifically his longtime employer, the Tribune Company, arguing that cost cuts, a lack of investment and an aversion to serious news was damaging the business. LAT: Tribune Co. chairman Sam Zell on Monday backed Los Angeles Times publisher David D. Hiller's decision to replace the newspaper's editor. LA Observed: O'Shea's remarks to newsroom. E&P: Former Los Angeles Times editor John Carroll said the weekend dismissal of editor Jim O'Shea "affects morale." Chicago Tribune: Hiller said in an interview Monday that he would "love to say we can spend more or spend the same every year, and I don't think that's realistic" given the economic realities of the news business.

Getty Images Up for Sale, Could Fetch $1.5 Billion (NYT)
Getty Images, the world's biggest supplier of pictures and video to media and advertising companies, has put itself on the auction block and could fetch more than $1.5 billion. The firm has reportedly hired Goldman Sachs to advise it on a potential sale. The company has attracted interest from several buyers, mostly private equity firms, including Kohlberg Kravis Roberts, Bain Capital, and others.

Olympic Ad Sales Gold for NBC (TV Week)
As the clock ticks down to 08/08/08 for the opening of the Summer Olympic Games in Beijing, new advertising formats and record prices are driving sponsorship support for NBC Universal's 3,600 hours of coverage of the event to all-time highs. The company is targeting record ad sales of $1.1 billion for the Olympics, according to NBC sources. Variety: NBC likely to nix upfronts.

HBO Putting Shows Online, at No Additional Charge (NYT)
HBO, cable's most popular premium channel, is carefully entering the arena of Internet video. The channel, a subsidiary of Time Warner, will introduce HBO on Broadband starting this week to subscribers in Green Bay and Milwaukee, Wis., then spread the service slowly to other parts of the country. The free service will allow access to about 400 hours of movies and original programming each month. B&C: The new service allows users to assemble and manage a library of downloads, as well as set parental controls, through a Microsoft Windows-based application.

CBS Pulls Plug on 20 Projects Due to Strike (Hollywood Reporter)
In the latest fallout from the writers strike, CBS has trimmed its development slate, letting go of about 20 projects, most of them dramas. On Friday, the network contacted the reps for the projects, most of which hail from CBS' primary supplier, sister studio CBS Paramount Network TV. Also affected are scripts from Sony Pictures TV, 20th Century Fox TV, and ABC Studios.

CNN.com Readers Respond Angrily to 'Race or Gender' Story (CNN)
Within minutes of posting a story on CNN's homepage called "Gender or race: Black women voters face tough choices in South Carolina," readers reacted quickly and angrily. Many took umbrage at the story's suggestion that black women voters face "a unique, and most unexpected dilemma" about voting their race or their gender.

Writers Seek Oscar Advertiser Support (NYDN)
America's corporate advertisers are the "WMDs" that striking writers will use to pressure the Oscars. "Huge companies like L'Oreal and Unilever keep the networks afloat during the year, and if they lose access to the Oscars audience, they are going to force the producers to cut a deal with the Writers Guild," says one Los Angeles power player. "Or at least, that's what the Writers Guild is banking on."

From MySpace to YourSpace (NYT)
MySpace has grown far past being merely "a place for friends," as its slogan states. With an estimated 110 million monthly active users, MySpace is undeniably a powerful tool for advertisers who seek reach and efficiency. But MySpace has challenges, especially from Facebook, which has leapt ahead of MySpace in technology and has been accumulating users at a faster rate.

700 to Be Axed at Yahoo? (NYP)
As it fights back rival giants Google and Microsoft from stealing more of its online turf, Yahoo is tightening its belt by laying off about 700 workers. Sources yesterday said Yahoo is undergoing a three-year budget makeover ahead of a slowing economy, and aiming to focus energy on its growing businesses.

GLAAD Awards Nominees Announced (HuffPo)
Nominations for this year's GLAAD Media Awards have been announced, and The New York Times, LA Times, Newsweek, CNN, Oprah, Tyra, and the San Francisco Chronicle each received multiple nominations. The definition of "media" is fairly expansive here, including movies, television shows, reality shows, theater, musicians, and even comic books, which is how ABC leads the nominations with nine.

Wal-Mart's Mags Cut a 'Green' Initiative (Folio:)
After months of speculation by wholesalers and publishers, Wal-Mart is moving ahead with cutting close to 1,000 magazines from its shelves, and it appears the company's recent commitment to being "green" is a factor. The company's Sustainability Committee — and its commitment to reducing waste — played a key role in its decision. MIN: Aside from cutting the dead weight from its magazine distribution rolls (and from possibly punishing Meredith), part of the motivation for this move was for Wal-Mart to reduce substantially the amount of magazines on its shelves with poor sell-through rates. Folio:: Blogging from Wal-Mart's magazine rack.

Daytime Soaps Become Latest Strike Battleground (Mediaweek)
The battle between the Writers Guild of America and the broadcast networks began focusing more heavily on the daytime daypart last week. For the first time since the strike commenced in early November, the networks began airing soap opera episodes not written by WGA members. NYT: Soap operas are the hidden drama of writers strike.

Does the News Matter To Anyone Anymore? (WaPo)
David Simon: Isn't the news itself still valuable to anyone? In any format, through any medium — isn't an understanding of the events of the day still a salable commodity? Or were we kidding ourselves? Was a newspaper a viable entity only so long as it had classifieds, comics, and the latest sports scores?

David Nussbaum Replaces David Steward as CEO of F+W Publications (MIN)
A little over a year after ending his tenure as CEO of Penton Media in the wake of the Penton/Prism merger that put John French at the helm of the company, David Nussbaum has re-emerged as a magazine media CEO — this time in the niche/consumer space as chairman and CEO of F+W Publications. Nussbaum replaces David Steward in both of those capacities. Folio:: F+W owns nearly 60 magazines, including the graphic design magazine How and leading magazines in antiques, coin collecting, scrapbooking, firearms and knives, and more. It also has nearly 3,000 books in print and operates numerous book clubs.

Let's Hear It for Print! Well, Glossy Print Anyway (AdAge)
Simon Dumenco: The blog backlash has been a long time coming (actually, I guess, it's been ongoing and concurrent with the blog boom, but lately everyone I know seems down on blogs). And, arguably, a moment of glossy resurgence has arrived — well, OK, if not a resurgence, at least a glimmer of hopefulness. I've been feeling deeply appreciative — and even a little optimistic — about magazines.