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It's Official: Murdoch Moves to Buy Newsday for $580 Million (NYT)
Rupert Murdoch is moving to tighten his already-imposing grip on American news media, striking a tentative deal to buy his third New York-based paper, Newsday, and getting his first chance to appoint the top editor of The Wall Street Journal. His $580 million bid for Newsday and his urgency in remaking the Journal worry his competitors and cause angst in many newsrooms, including his own. E&P: Newsday sale could raise big antitrust issues. Gawker: Murdoch is rushing to consolidate his empire because of newspaper publishing economics; the broader synergies available to a media group with heightened political influence; and mortality. NYO: When Murdoch takes over a newspaper, he doesn't take much time to get things done. It can look slow at first — the preparations for war are often quiet, faraway strategic affairs involving a rather small magic circle, after all. But when it starts, it's Shock and Awe. Fortune: Inside The Wall Street Journal's editorial shuffle. NYT: Murdoch taking on FCC media rule. E&P: Newsroom union members at The Wall Street Journal are looking at the resignation of managing editor Marcus Brauchli as the loss of "a buffer who would maintain editorial independence." WaPo: In a note to the staff, Brauchli made clear that he no longer felt welcome in the Murdoch era. CJR: Brauchli's exit is the end of the beginning of the end of what made the Journal so special, writes Dean Starkman.

Times Chairman Sulzberger Says Company Is Not for Sale (WSJ)
Responding to recent reports, New York Times Co. chairman Arthur Sulzberger Jr. said Tuesday the company controlled by his family won't be sold. "This company is not for sale," Mr. Sulzberger said at the company's annual shareholder meeting in New York. "This company will continue to have the ownership it enjoys today." NYT: Two investors who were part of a group that threatened a proxy battle against The New York Times Company were elected as directors at the company's annual meeting on Tuesday.

CBS VP on Couric Numbers: 'It's Very Frustrating For Us' (TVNewser)
CBS News exec Paul Friedman is frustrated. He's not alone. After enduring weeks of press speculation that his star anchor was not long for the network, then learning the network's best shot at producing a Presidential primary debate was lost, there's this: the ratings for the CBS Evening News hit an all-time low last week. "It's very frustrating for us," Friedman said in an interview. NYT: CBS Evening News records its worst ratings. TVNewser: Penn. primary live blog; 7 p.m.-8:30 p.m.

Washington Post Ousts a Top Editor (NYT)
The Washington Post announced Tuesday that Susan B. Glasser, considered an up-and-coming star at the paper, had been removed from her job as an assistant managing editor in charge of national news. According to several people at the Post, it did so because of complaints and poor morale among Glasser's subordinates. Politico: Glasser has been offered a high-level, strategic position within Post.

Larry King, CNN Agree to Contract Extension (TVNewser)
CNN and Larry King have agreed to a contract extension, which will keep the anchor with the network through June 2011. King's agent, John Ferriter, confirmed the deal to be, "the exact same deal as last time," just extended for two years. "Larry's thrilled to continue to call CNN his home," said Ferriter.

FCC Chief Says No Need for New Regulation of the Internet (AP)
Federal Communications Commission chairman Kevin Martin said Tuesday there's no need for new regulation of the Internet, saying his agency has all the authority it needs to prevent discrimination by service providers. "I do not believe any additional regulations are needed at this time," Martin said at a hearing before the Senate Commerce Committee, noting recent enforcement actions by the commission.

Mailer's Steamy Love Letters to Be Enshrined at Harvard (Page Six)
Harvard University is now the proud owner of an archive containing the definitive lowdown on Norman Mailer's sex life. The storied Ivy League institution has purchased a treasure trove of books, papers, and letters relating to Mailer from his longtime mistress, Carole Mallory, including X-rated descriptions of their red-hot bedroom sessions.

Audits: Some Celeb Weeklies Missed Their Rate Base in '06 (NYP)
Audit reports for the celebrity weekly magazines are in for the calendar year 2006, and several mags repeatedly missed their rate bases. In Touch and Life & Style missed the mark 11 times, while Star missed 24 times. All three have since lowered their rate bases. Us Weekly missed its rate base 28 times that year — the most of any of the celebrity magazines.

Former Showtime Exec to Head New Pay Cable Channel (BusinessWeek)
A former top Showtime executive is expected to be named chief executive officer of a new pay TV channel and online service being created by three movie studios, a move seen as another slap in the face to CBS's premium channel. During his 17 years at Showtime, Mark Greenberg worked in a variety of areas, from developing its boxing programming to marketing and sales to affiliate relations.

Fox Asks FCC to Reconsider Indecency Petition Rejection (B&C)
Fox asked the Federal Communications Commission's Enforcement Bureau to rethink its decision not to consider Fox's challenge to indecency fines against 13 stations for an April 7, 2003 airing of Married by America that showed some pixilated body parts of bachelor-party revelers. Fox said the petition rejection was an abuse of its discretion and a ploy to avoid the substance of the petition.

Watergate Revisionism: Fox Journalist Expiates John Mitchell (NYO)
Next month, Doubleday will publish the first book by James Rosen, an on-air D.C.-based correspondent for Fox News — a revisionist history of Richard Nixon's downfall, called The Strongman: John Mitchell and the Secrets of Watergate. Strongman will be the first major biography of John Mitchell, the late U.S. attorney general, who played a pivotal role in the "rise, reign, and ruin" of Richard Nixon.

Primedia Names President and CEO (Folio:)
Primedia has named Charles Stubbs, a 35-year-old former Yellowpages.com chief executive, as its president and CEO. Stubbs replaces Robert Metz, who resigned, the company said today. Metz, who had been with Primedia since 1994 as CEO of its Consumer Source, Inc. division, was named CEO last fall.

Adweek Names Fahey Publisher/Editorial Director (Mediaweek)
Nielsen Business Media announced that Alison Fahey, veteran editor of Adweek, has been promoted to publisher/editorial director for the brand. Fahey, in turn, has tapped Mike Chapman, a well-respected journalist with 22 years of editorial experience, including eMarketer and The Economist Group, to succeed her as the editor of Adweek. Fahey's promotion is effective immediately.

How TV Networks Are Able to Broadcast the Dirtiest Word — Sort Of (AdAge)
No one on broadcast TV is supposed to be able to use the four-letter profanity that starts with the letter F and signifies sexual intercourse. Even on basic cable, the word is often edited out of movies and usually not inserted into original scripts. In short, when it comes to that word and TV companies who wish to court mainstream advertisers and audiences, healthy distance is usually helpful. Some networks, however, are cleverly dodging the issue.

Wired Wants to Blow Your Mind (Marketwatch)
Jon Friedman: Some pundits like to needle Wired editor Chris Anderson about his image. "His reputation is that he always has to be the smartest person in the room," said Valleywag managing editor Owen Thomas. "And he usually is." I can understand why.