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Fox's Brit Hume to Stop Anchoring Special Report After Election (NYT/TV Decoder)
Brit Hume, the pre-eminent political anchor on the Fox News Channel, intends to step down from his nightly newscast after the presidential election, three people close to him said this week. Mr. Hume, 65, has expressed an interest in "reducing his role" but will likely remain with Fox News as a panelist on Fox News Sunday, two of the people said. WaPo: A former ABC White House correspondent who has never hidden his conservative views, Hume has been a central part of Fox's success. He has anchored on election nights and at political conventions and moderated a number of presidential debates.

NYDN and NYP Talk Business (NYT)
Rupert Murdoch, who owns the New York Post, and Mortimer B. Zuckerman, the real estate developer and owner of the Daily News, who for years have been bitter tabloid competitors, are considering the unthinkable: cooperation. Representatives for Zuckerman and Murdoch have been in discussions for several weeks to find ways to combine some business functions of the two papers.

Wall Street Journal to Raise Cover Price, Again (Portfolio)
Starting on July 28, The Wall Street Journal will raise its cover price from $1.50 to $2.00, putting it on a par with the Financial Times. Interestingly, the hike comes as the paper's editors are being urged to think more about how they can use the front page to boost newsstand sales -- not something that has traditionally been a major focus.

Google/Yahoo Get 90% Control of Web Ads (Variety)
Spurned suitor Microsoft painted an alarmist portrait of Yahoo's outsourcing deal with Google during congressional antitrust hearings on Tuesday. Google and Yahoo execs, on the other hand, described the alliance as good for consumers. Execs from the three companies presented very different pictures of the deal during testimony before the Senate and House judiciary committees. LAT: Yahoo CEO allegedly admitted that the deal with Google would reduce competition.

Departing Chicago Tribune Editor: 'It is a Complicated Time' (E&P)
Chicago Tribune editor Ann Marie Lipinski says her decision to leave the job she has had for seven years -- and the paper where she has worked for 30 -- "had been building" for at least several months. She said that the latest round of planned layoffs (expected to cut 80 newsroom positions) and a decision to reduce news pages did not directly trigger her decision announced Monday.

Katharine Weymouth's Plans to Save the WaPo (Portfolio)
Nobody knows better than Katharine Weymouth that the newspaper industry is experiencing what may be called, euphemistically, a period of transition. But the new publisher of the Washington Post isn't big on euphemisms. "The numbers suck in our business," the 42-year-old granddaughter of legendary Post publisher Katharine Graham declares. NYO: Weymouth's position is not identical to those of her predecessors. About three years after The New York Times brought its Internet and print staffs together to integrate the newsroom, the Post is trying out the same thing. There, the divisions between the two were even deeper than at the Times; this transition has not been, and will continue not to be, an easy one.

Demand Media Wags a Long Tail of Niche Web Sites (LAT)
With blinding speed and little notice, Richard Rosenblatt's two-year-old Demand Media Inc. has become one of the largest buyers of articles and video clips for the Web. It expects revenue of nearly $200 million this year and, more surprisingly, a healthy profit. "This is fascinating," said Michael McGuire, a Gartner analyst. "Is this a potential out-of-nowhere media titan? This would seem to be, yeah."

Crown to Publish Rick Stengel's Book on Nelson Mandela (NYO)
Time editor Rick Stengel had a piece in this week's issue about Nelson Mandela. This is not a new subject for Mr. Stengel -- in 1993 he and Mr. Mandela collaborated on Mr. Mandela's autobiography, Long Walk to Freedom. Now he has started working on another Mandela book to be called Mandela's Way. No pub date has been set yet.

Obama Controversy Adds to NYer Ad Woes (NYP)
It might not be just the Obama campaign that's bent out of shape over this week's cover of The New Yorker. Rumors have swirled inside Conde Nast that advertisers also were upset with the latest rhubarb. The magazine is now among the most troubled titles at Conde Nast, and it remains to be seen if the current controversy upsets its tenuous hold on profitability.

SNL's Poehler Lined Up for Office Spinoff (TV Week)
Saturday Night Live regular Amy Poehler is in advance negotiations with NBC to star in the network's upcoming spinoff of The Office, according to network and talent agency sources. Creator Greg Daniels has been keeping details of his new series under wraps. So far, he and NBC have only confirmed the casting of Aziz Ansari in what's believed to a relatively minor role on the show.

Internet Famous: Julia Allison and the Secrets of Self-Promotion (Wired)
Julia Allison may not be famous by the traditional definition. But to a devoted niche of online fans -- and an even more devoted niche of detractors -- she is a bona fide celebrity. She says that more than 10,000 people read her blog daily, and gossip sites like Gawker, Radar Online, and Valleywag detail her every exploit. But with all due respect, Allison's renown has little to do with her day job.

FX Network Thinking Past Its Recent Successes (Forbes)
When it came to high-quality original series, the FX network was once the only basic cable network in the game. The edgy, News Corp.-owned channel was serving up critically acclaimed fare when other outlets weren't, and advertisers were taking notice. But with success comes imitation -- in recent years, other cable outlets have entered the fray.

Tracking Anonymice (Slate)
Jack Shafer: Slate intern Kara Hadge and I commenced an expedition two weeks ago to track anonymous sourcing, instructing Google to email us links to all news stories containing either "anonymous" or "anonymity" in The New York Times, the Washington Post, and the Los Angeles Times. Factiva culled The Wall Street Journal for such stories.

Revolving Door Newsletter: Chaos Strikes Tribune (mediabistro.com)
At this rate, will there be anyone left to fill the pages of the Tribune Co.'s newspapers? While Sam Zell and Russ Stanton began announcing which 150 staffers were getting the axe at the Los Angeles Times (and publisher David Hiller resigned), Ann Marie Lipinski, executive editor of the Chicago Tribune, pushed the paper deeper into chaos by announcing that she was leaving.

Producers Log Online to Save Mole (Variety)
Sensing the impending demise of his reality franchise, The Mole executive producer Scott Stone isn't waiting for fans to generate a "Save Our Show" campaign -- he's launching one himself. Stone and fellow Mole exec producer Clay Newbill have created SaveTheMole.com in an attempt to keep the well-reviewed -- but low-rated -- competish from fading away for good.