• New editor of Newsweek still believes in relevance of newsweeklies. Poor, deluded sap. [WP]
• Writer Lee Siegel "suspended" from TNR, ostensibly for misrepresenting himself on the web. Our theory: No one gets away with being more pretentious than Leon Wieseltier at the mag. No one. [NYO]
• Phillipe Dauman, newest recipient of Sumner Redstone's puppet-string implant surgery, wants Viacom to identify opportunities like YouTube before other organizations can. Seeing as Tom Freston got canned for failing to do that, it's probably a good idea. [Reuters]
• The stench in the CNBC newsroom isn't just that of failure. Well, at least not yesterday. [NYDN]