• Dark days at the Times: The newspaper's in "advanced discussions" to sell a "substantial portion" of its Renzo Piano-designed headquarters. [NYT]
• Disney is merging its ABC TV network with ABC Studios. [WSJ]
• WNET-Thirteen is cutting budgets and laying off staff. [NYO]
• In Style publisher Lynette Harrison Brubaker is leaving the company. [WWD]
• Katie Couric will go primetime next Wednesday. [NYT]
• The final inauguration ratings are in. [AdAge]
• Is Condé Nast just publishing the same story in its various magazines? [FB]
• The Tribune Co. has sold off the Cubs for $900 million. [Chicago Trib]