• William Morris and Endeavor have agreed to merge the two agencies. The new company will be called William Morris Endeavor Entertainment, or WME, which should not be confused with WWE, or World Wrestling Entertainment, although the testosterone and aggression levels are comparable. [WSJ, NYT]
• Is the New York Times Co. putting the radio station WQXR up for sale? [P6]
• David Hunke, who had been publisher of the Detroit Free Press, is the new president and publisher of USA Today. [PaidContent]
• The New York Sun is back! Sort of. [NYSun via Gawker]
• More coverage/ analysis of Portfolio's closing, if you're up for it. [NYT, TDB]

• Because Republicans don't want to give the public extra opportunities to marvel at how nice it is to have a president who can speak in full sentences, Fox won't be airing Obama's primetime news conference this week. [NYDN]
• The FCC can continue fining stations that air curse words per a United States Supreme Court ruling today. [NYT]
• Consumer spending on home entertainment during the first quarter. [THR]
• Interpublic posted a quarterly loss; McGraw-Hill posted a gain. [NYT, NYT]
• Jay Leno joked about his little health scare on his show last night. [HP]
• Swine flu has totally screwed up 20th Century Fox's Wolverine promotional efforts in Mexico, not to mention Hugh Jackman's travel schedule. [THR, THR]