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$40-50 Million Reportedly Offered for Fast Company and Inc. (Mediaweek)
The five prospective buyers for the G+J USA Publishing titles are a G+J management group, Alta Communications, City Business Journals, The Economist, and Morningstar's Joe Mansueto.

Public Broadcasting Aid in Peril? (NYT)
A House Appropriations panel yesterday approved a spending bill that would cut the budget for public television and radio nearly in half.

Trimming Today (Page Six)
In a bid to boost sagging ratings, the NBC morning show is about to shorten its broadcast to two hours. Several years ago, the show was lengthened to three.

More Lies Concocted by the Elite, Left-Wing Media (Huffington Post)
During a senator's photo-op, Brian Wilson of Fox News screamed "Who the fuck are you" to Mark Leibovich of The Washington Post after continually asking questions out of turn. WaPo: Leibovich decribes the "frenzy" in Sen. Harry Reid's office tactfully, referring to Wilson but not mentioning him by name. AmericaBlog: Wilson was apparently wearing no credential of any kind and behaving "bizarrely angry." Huffington Post: A little insight into how the bullies at Fox News practice "intimidation journalism" from Jonathan Alter.

Big Labor Talks at Chron (E&P)
Newspaper Guild leaders and management negotiators for the San Francisco Chronicle are planning to start round-the-clock negotiations, as fears of a possible strike or lockout grow.

Digital TV Deadline Moved Up (AP via USAT)
The Federal Communications Commission moved up the deadlines for manufacturers to make popular, midsize television sets capable of receiving digital signals. Mediaweek: Embattled congressional aide nixes FCC bid.

New Nielsen System: More TV Watching (AP via Yahoo!)
Electronic gadgets introduced by Nielsen Media Research to track television viewing show that more people are watching more television than measured under the old paper diary system.

Google Shares Are a 'Bubble Waiting to Pop' (Guardian)
Nils Pratley: The Web search company is worth more than the combined value of News Corporation, Clear Channel, Tribune, and the Washington Post group. Economist: Learning from eBay. Economist: Questions about how to regulate Web porn.

Reporter Fears Jacko Fan (Drudge Report)
Diane Dimond and Court TV have obtained a court-issued restraining order against a 20-year-old Michael Jackson fan from Tennessee who has allegedly been "threatening" Dimond for weeks. TV Newser: Is the fan BJ Hickman, who allegedly screams "bitch, bitch, bitch" while Dimond works outside the courthouse? NYDN: "Jerks" playing interference on live shots, writes Richard Huff.

Post-BEA Buzz (NYP)
Keith Kelly: Wilbert Rideau, who killed a bank teller during a 1961 robbery, was shopping around his life story at Michael's, and will likely get a deal for as much as $500,000. Radar: Right-wingers hoping Ed Klein's latest hatchet job, The Truth About Hillary, contains new revelations about the former first lady's sapphic past will have to look elsewhere.

They Get More Than Just Subpoenas (National Press Club)
Thirty-two journos are honored in various categories by the National Press Club. The domestic winners of the John Aubuchon Freedom of the Press Award are Matthew Cooper of Time and Judith Miller of The New York Times. E&P: 2005 EPpy Award Winners Announced in New Orleans.

Decoding NYTer's Carlson Fete Heartbreak (Gawker)
A photographer caught Tucker Carlson being handed a business card from a mysterious "K" character, in which said character expresses their hurt at not being invited to Tucker's MSNBC party.

Ethnic Media Try to Lure Big-Money Ad Bucks (WaPo)
The landscape of ethnic media has grown more crowded in recent years, reinforced by the same immigration patterns that are driving the nation's population growth.

Sino-Journo Chill (CSM)
Editorial: Being a foreign correspondent in China can be all cloak and no dagger. The game's a bit unfair, however, when the Communist Party plays with daggers.

CNN: Awkward at 25 (Marketwatch)
Jon Friedman: "Awkward" (edging out "clumsy" and "ham-fisted," in a photo finish) best describes CNN's endless struggle to come up with a single, durable style of presenting the news.

Shafer vs. Landesman, Round Two (Slate)
New York Times Mag's "sex slaves" author Peter Landesman responds to recent criticism from Jack Shafer in a "confidential" missive and then is rebutted by Shafer.

Rough Launch for Times Freebie Tab? (NYP)
The New York Times had a tough time yesterday giving away its free new tabloid—filled with recycled news and old ads published in the mother broadsheet.

Reported Digital Growth Expected? (Folio)
Dylan Stableford: Recent reports give the latest snapshot of the much-buzzed-about growth of digital publishing. But without a reasonable measuring stick, is this just more buzz cloaked in arbitrary data?

Going Out Like a Mouse (WaPo)
Michael Eisner may have been ousted as Disney chairman in a remarkable rebellion, and will leave the company this fall, but all that only seems to make him more of a corporate legend.

The World Beyond (Center for American Progress)
Eric Alterman: Almost four years after 9/11, most Americans are still largely unaware of anything that happens internationally—save for regular body count reports from Iraq and Afghanistan.

Sirius Nabs 'Brucie' (NYP)
The satellite radio company signed popular disc jockey "Cousin Brucie" just a few days after Infinity Broadcasting's WCBS-FM abruptly dumped him and its oldies music format.

—David S. Hirschman