• Fourth-quarter profits at the New York Times Co. were down nearly 50 percent compared to a year ago; the company also announced that it has retained Goldman Sachs to sell its 17 percent stake in the Red Sox. [NYT]
• More on Condé Nast's decision to close Domino. [NYT]
• Because there isn't enough choice with the 364 different iterations of HBO you already have, another premium cable channel is headed your way. [WSJ]
• How al-Arabiya got the first post-inauguration interview with Obama. [Time]
• Hurry up! There are only two spots left for the Super Bowl on Sunday. You can make the $2.4 million check payable to NBC. [THR]