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Time 100: The Most Influential People in the Room (FBNY)
Time magazine celebrated its annual Time 100 issue, and from a media event standpoint, it doesn't get any buzzier. As Stephen Colbert said at one point last night during the gala at Lincoln Center — his first "public" appearance since his now-infamous White House Correspondents dinner speech — "This is cool ... It's the 100 most influential people hanging out and influencing each other." FBNY: The evening in pictures.

Fallen Star Out of View (Page Six)
ABC will announce this week that Star Jones is out at the show. What network brass won't say is that she's being unceremoniously ousted at the direct behest of the show's grand dame Barbara Walters and the incoming Rosie O'Donnell.

Rupe to Host Fundraiser for Hillary? (FT)
Rupert Murdoch, the conservative media mogul whose New York Post savaged Hillary Clinton's initial aspirations to become senator, has agreed to host a political fundraiser for her re-election campaign. The decision underlines an incongruous thawing of relations between the two. The Advertiser: Rupe gets another heir as Lach spawns.

Not All Papers Bled in Circ Tally (E&P)
Despite some steep declines, there were some positive stories to be found in the spring FAS-FAX released this morning. Some 182 papers, according to the Newspaper Association of America, experienced gains (out of 770 dailies).

WSJ's Steiger Named Head of Pulitzer Board (NYT)
Paul E. Steiger, managing editor of The Wall Street Journal and a vice president at Dow Jones & Company, has been appointed chairman of the Pulitzer Prize Board. He succeeds Henry Louis Gates Jr. of Harvard.

HBO Developing Comedy About Journos in Iraq (TV Week)
Several cable networks have contemplated dramatic projects set against the war in Iraq, but only HBO is daring enough to consider a comedy. The premium network is developing Hotel Palestine, a half-hour comedy about a group of wartime journalists living in a Baghdad hotel.

LAT Investigation Pays Off (CJR Daily)
Amid all the Pulitzer hubbub a few weeks back, the L.A. Times was particularly noticeably absent from the list of winners. But the Pulitzers by no means tell the whole story — and last week the paper published an explosive set of investigative stories which have provided their own public service.

Yahoo Revamps Advertising System (Forbes)
Riding on the coattails of Microsoft's announcement last week that it was moving its search advertising system out of beta mode, Yahoo! is now singing a similar tune. The search giant has announced that it will be rolling out a "completely redesigned" search advertising platform this year.

Warner Bros. to Sell Movies, TV Shows on Web (NYT)
Warner Brothers plans to announce today that it will make hundreds of movies and television shows available for purchase over the Internet using BitTorrent software, which is widely used to download movies and other copyrighted material illegally.

Timesman Caught Borrowing Text? (NYP)
Four paragraphs about Forbes' search for an investor that appeared in the paper yesterday closely resemble passages from a London daily that ran the day before. Andrew Ross Sorkin, who wrote the bylined piece, blamed it on a "stupid error" by a Times desk editor.

Barry Bonds the Latest Celebrity Narcissist to Gaze in Reality TV Mirror (LAT)
Patrick Goldstein: What makes Bonds on Bonds especially intriguing is how in sync it seems with a whole generation of reality shows whose subjects wallow in a queasy combination of shameless exhibitionism and bottomless self-absorption.

Reforming the Ellies (AdAge)
Simon Dumenco: This week is the National Magazine Awards ceremony. Formerly an insufferable luncheon at Manhattan's Waldorf-Astoria, this year it's an evening black-tie event at the spectacular Frederick P. Rose Hall. But what really should get reformed are the awards themselves.

Huffington: 'Radar Would Still Be Alive If It Had Started Online' (FBNY)
The Huffington Post has a policy that if a blogger writes something inaccurate, they have to retract within 24 hours or they lose blogging priveleges. "Judy Miller wouldn't have been around long enough to go to jail." WWD: Arianna Huffington cautioned ASME members against charging for content, criticizing The New York Times for its premium service and recommended taking new mag concepts "for a test drive online" before putting them in print. "Radar would still be alive if it had started online."

Two Iraqi Journalists Found Dead After Abduction (Guardian)
Laith al-Dulaimi and Muazaz Ahmed were found dead near Baghdad yesterday, a day after witnesses reported their vehicle being stopped by men wearing police uniforms who took them away, said the manager of their television station, al-Nahrain.

A Next-Generation Look at ASME (MIN)
Jonathon Scott Feit: ASME should focus on more than dueling with advertiser ingenuity. Quite to the contrary, editors, publishers, and advertisers need to start communicating their shared objectives as well as their unique needs and abilities — and the Society should provide a unified front.

The Greedy Truth About Media Consultants (Salon)
Think you know where your campaign dollars go? Think again, sucker. Political image-makers skim off sums that would make Exxon execs envious — and the public never knows about it.