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Death to Life Magazine (FishbowlNY)
Time Inc. announced is shuttering the weekend magazine newspaper insert that trades in ultra-thin paper stock and celebrity interviews. According to a Time Inc. spokesperson, 42 lost their jobs — 15 on the edit side. Spared: Managing editor Bill Shapiro, executive editor Maggie Murphy, president Andy Blau and publisher Peter Bauer, who will all stay with Time Inc. in yet to be determined positions. E&P: Parade and USA Weekend respond to end of Life. Mediaweek: The iconic title, which will continue to operate online and through its books, had begun to find its footing after a rocky start since its most recent reincarnation. NYT: This time, the magazine's demise looks permanent, largely because Life is moving its huge archive of photographs onto the Web, where consumers will be able to download them free. FBNY: CEO Ann Moore's memo. DISCUSS THIS STORY: Here.

'OK Go,' 'Ask a Ninja' Top YouTube Awards — LonelyGirl15 Passed Over (Reuters)
With a virtual drum roll, online video-sharing Web site YouTube on Monday announced the winners of its inaugural awards, paying tribute to the wannabe stars who have used the site as a launching pad to fast fame. The winners ranged from the Chicago band OK Go dancing across treadmills, to a Sydney man who hugged strangers in the street, to an animated video about a kiwi bird trying to fly.

Onion Launching a 24-Hour Fake News Network (Variety)
Long after the Onion challenged the Harvard Lampoon as Hollywood's primary font of comedic writing talent, the news satirists are taking their shtick to video. The weekly is launching a video newscast dubbed Onion News Network, or ONN, a 24-hour fake news net marketing itself as, "faster, harder, scarier and all-knowing."

Martinez Flap Sparks End to LA Times Guest Editorships (E&P)
The newspaper has ended a program which was to feature a series of guest editors for its Sunday Current section. The selection of Hollywood producer Brian Grazer as the first such editor resulted in the resignation last week of editorial page editor Andrés Martinez amid debate over his connection to Grazer's publicist. AJR: Guest-edited magazine issues and newspaper sections are a truly bad idea, writes Rem Rieder. LAT: Publisher David Hiller, who oversees the editorial pages, said the guest editor plan had become a distraction. "We don't need all these questions when we have so many features of value to deliver our readers."

Week Publisher Kremins Jumps to Cookie (WWD)
After more than a decade at Dennis Publishing, Carolyn Kremins is returning to Condé Nast as the vice president and publisher of Cookie. Before riding the lad-mag wave as publisher of Stuff and Maxim and taking over The Week, Kremins worked at House & Garden and Bon Appetit. Her predecessor, Eva Dillon, launched the title in November 2005 under Fairchild Publications.

Mason Named New CEO at CBS Radio (NYP)
CBS boss Les Moonves has tapped radio industry veteran Dan Mason as the new president and CEO of its CBS Radio division. Mason, a radio insider, succeeds Joel Hollander, who was quietly laying the groundwork to exit before his contract expired on Dec. 31.

Will Wall Street's Q1 Jitters Extend to Magazines? (MIN)
There are some positive views from magazine executives as the critical second quarter begins — for example, ESPN's VP of magazine sales Steven Binder predicts a "monster spring" led by a $10 million-plus ad-revenue Baseball Preview — but external pressures could change everything. The economic unease this month, including such factors as rising foreclosures, might scare advertisers.

NBC Nightly News Debuts in HD (TVNewser)
"This evening, we broaden our horizons, literally. Tonight's Nightly News will be the first national evening newscast available in true, 16:9 wide screen, high definition," Brett Holey wrote on the Daily Nightly yesterday. "So, what does that mean to you? If you own an HD set and are hooked up for HD reception you should see a picture as clear and crisp as we see in the Nightly control room."

AMI's Pecker Penny Pinches Bonnie (Radar)
American Media Inc.'s long-overdue restatement of financial performance for fiscal 2006, filed Friday, shed light on editorial director Bonnie Fuller's new contract. The new contract filed with the Securities and Exchange Commission contains several indications that chairman David Pecker, who had to pony up extra bonus money to keep Fuller around, sought to balance that out by cutting back on her perks. WWD: Aside from the devaluing of AMI's assets, analysts showed more concern over how long chief executive officer David Pecker would be in charge of AMI if the company's losses keep growing. Page Six: One game-show contestant on NBC's Identity Friday night, when asked to match Bonnie Fuller with her job-related "identity," chose "missionary."

Conrad Black Jury Hears About $12.75M 'Throw In' Money (AP via Monterey Herald)
Two community newspaper executives say they weren't afraid that a small Canadian holding company owned by mogul Conrad Black would find a way to compete with them. But they say they paid more than $12 million to Toronto-based Hollinger Inc. as a way of spurring action on their offer to purchase more than two dozen community papers from a much larger Black company, Hollinger International. Guardian: Reed was asked in a last-minute handwritten note to pay $4.5 million of the purchase price into Conrad Black's personal bank account.

Yahoo to Offer a Network for Web Ads on Cellphones (NYT)
The company plans to announce today that it is creating a mobile advertising network that will allow marketers to place ads not only on its mobile services, but also on those of other online publishers. And Yahoo is offering tools to help publishers customize their content for easier use with its mobile search service.

Metro Papers' New Recipe for Success: Hyperlocalism (CSM)
Dante Chinni: What the papers should focus on, the thinking goes, is owning their backyard. They can buy coverage from China, but they can't buy coverage from two counties over. And, some editors will argue, it's getting beaten on that nearby story that is the killer — sending readers into the arms of local competitors such as smaller daily and weekly community papers.

Has the Anti-Hillary YouTube Video Changed Political Campaigning as We Know It? (Salon)
Michael Scherer: Attention all hired political hucksters and hatchet men, dirty tricksters and campaign saboteurs. The Federal Election Commission has a message for you: Go forth online. Do your dirty works. Opportunity awaits. Consider as a model the explosion last week of a YouTube video attacking Hillary Clinton as "Big Brother" from George Orwell's novel 1984.

How Will the Zack Initiative Change Public Radio? (AdAge)
Simon Dumenco: National Public Radio has engaged in a "visioning process" centered around a programming initiative code-named Zack. Over the weekend, a disgruntled NPR employee — call him Deep Voice — leaked a secretly made recording of a recent Zack brainstorming session to Media Guy. An excerpt from the transcript appears here.

Young Journos 'Caught in the Contradiction' (AJR)
Carl Sessions Stepp: Young journalists at the Charlotte Observer love their jobs. They value what papers do but find them often dull, out of touch and sluggish. They have passion for their craft but are positioning themselves for a future that may leave newspapers behind.