• Who hasn't looked at buying BusinessWeek by now? Daily News and US News owner Mort Zuckerman appears to be the latest mogul to join the party. [BW]
• The wave of job cuts at Condé Nast could begin in a few weeks or in a few months, depending on who you ask. But either way, it's going to be ugly. [NYO]
• Fox News continues to trounce the competition: Both CNN and MSNBC experienced big declines in ratings during the third quarter. The situation appears to be especially bleak at CNBC, however. [B&C, HuffPo, ZH]
• Simon & Schuster is shaking things up at a couple of its imprints. [Crain's]
• The New York Times is planning to introduce a Chicago-centric edition of the paper. That's in addition to the San Fran edition launching this fall. [NYT]
• Related: Is the New York Times going to start charging readers to access its website? That's still unclear, but the answer should be coming soon. [NYO]
• "Print is undead," reports the undead print newspaper the Village Voice. [VV]

We've gotten most of the new series premieres out of the way, and a funny thing happened—most of them are doing pretty well. What does all this mean?

So, Michael Moore has been making the media rounds to promote his latest project, Capitalism: A Love Story. The film, we're sure, will be enlightening, but, as happens with all things Moore, may be overshadowed by the man himself.

• Twitter is close to raising $100 million in new funding. And despite the fact it makes no money, the deal will value the company at $1 billion. [WSJ, CNN]
• A new survey finds that 86% of the public thinks the news media tries to influence public opinion. One reason to discount the data: Fox News came in as the country's most-trusted and least-trusted news source. And Bill O'Reilly ranked as "the most-trusted news anchor on cable TV." [THR, Poynter]
• MTV reports that it plans to go ahead with the drug-intervention reality series featuring DJ AM that was shot just before he died. [THR]
• Michael Moore's new documentary is off to a strong start, alas. [LAT]
• Tim Knight, Newsday's publisher, has handed in his resignation. [NYT]
• Corynne Steindler of "Page Six" is joining Bonnie Fuller's new website. [NYO]
• NBC Nightly News' audience is growing, believe it or not. [HP]
• Yahoo is spending $100 million to remind you it still exists. [BrandChannel]
• CBS has a brand new viewer today. Chief exec Les Moonves and CBS Early Show anchor Julie Chen had a son named Charlie this morning. [ET]

• Barack Obama's appearance on David Letterman's show last night helped the Late Night host score his second-highest ratings ever. [NYT, WP]
• Dan Rather scored a couple of victories in his suit against CBS: A motion by the network to dismiss the case was denied by a judge; and Rather's lawyers will be permitted to question Viacom chairman Sumner Redstone. [Reuters]
• Yesterday, activists handing out fake copies of the Post outside its offices were detained by cops. Today, the paper says it was "flattered" by it. [NYP]
• Book deals: Jenny Sanford, the estranged wife of South Carolina Gov. Mark Sanford, is writing "inspirational memoir" for Random House. And Andrew Young, an aide to former Senator John Edwards, has landed a deal with St. Martin's Press' Thomas Dunne Books to publish his tell-all memoir.
• In an effort to keep more viewers tuned in, ABC plans to reduce—yes, reduce—the number of commercials in the premieres of its new shows. [LAT]
• Fox won the opening night of the fall season, a first for the network. [THR]

• Despite all the talk of the impending demise of the TV industry, ratings for last night's Emmy Awards weren't too shabby. The three-hour show was seen by 13.3 million people, which is up 8 percent from last year. [THR]
• Bloomberg LP has officially submitted its bid to buy BusinessWeek. [BW]
• Michael Musto of the Village Voice is hearing rumors that Conde Nast is planning to shutter five of its titles as it looks to slash costs. [VV]
• A group of activists affiliated with The Yes Men handed out copies of a New York Post parody this morning as part of an effort to draw attention to climate change; a number of them were later detained by the NYPD. [DF]
• Despite low ratings and lousy reviews early on, Katie Couric is expected to anchor the CBS Evening News until her contract expires in 2011. [NYT]
• Barack Obama made appearances on just about every Sunday morning talk show yesterday. With the exception of those on Fox News, that is. [LAT, [HP]
• Obama's media tour will continue tonight when he sits down alongside David Letterman on his late-night show, a first for a sitting U.S. president. [NYT]

Telling people to watch Survivor is like saying it's OK to wear mom jeans, but even going into it's 19th season, the show is still entertaining. Yeah, it's not cool, but that's no reason not to watch.

• Glenn Beck is Time magazine's cover boy this week, sadly. [Time, HuffPo]
• Spike Lee and Robert De Niro are teaming up with Showtime "to develop a drama series about Manhattan's Alphabet City." [THR]
• Twitter is now worth $1 billion, believe it or not. [TechCrunch]
• Nikki Finke hears that Variety is planning to start charging for access to its website and The Hollywood Reporter is dropping its daily print edition. [DHD]
• Jenna Bush made her debut on the Today show this morning. [BS]
• An update how Jay Leno's new show is faring three days in. [NYT]
• An update on the protracted legal battle between CBS and ex-anchor Dan Rather, a feud that only "seems to get pettier by the day." [TDB]
• Fox 5's Ernie Anastos managed to both embarrass himself and coin a delightful new catchphrase on the news last night. [Gawker, NYP, B&C]

• The bad news for Condé Nast now that McKinsey has finished up its summer-long review: Editors and publishers at the company may be asked to trim their budgets by as much as 25 percent. The good news, according to one Condé insider: "This doesn't mean Anna Wintour is going to start taking the bus," nor is the company going to get all cheap "like Hachette." [Crain's]
• Jay Leno's new show debuts tonight on NBC. Will it be a success? A massive failure? Only time will tell, but the stakes "couldn't be higher." [LAT]
• Oprah's ratings are down. And Barack Obama is to blame, apparently. [AP]
• Ratings are down for Project Runway, too. Barack is not to blame. [WWD]
• According to a poll of newspaper publishers, 51 percent think they can successfully get their readers to pay for content online. Optimistic! [PC]
• As if newspapers and magazines don't have enough to worry about these days, a new survey finds that the percentage of people who think journalists are increasingly "inaccurate and biased" is on the rise. [AP]

• Today's awkward cable moments: CNN reported this morning that the Coast Guard opened fire on a boat on the Potomoc. (Not true.) And the geniuses at MSNBC thought it would be a really neat idea to once again commemorate 9/11 by re-airing its coverage from the fateful morning. Thanks, guys.
• Fran Drescher is in discussions to host a Fox News show. No joke. [USN]
• President Obama sits down with Steve Kroft on Sunday's 60 Minutes. [CBS]
• A long list of media figures turned out for Dominick Dunne's memorial service yesterday at Church of Saint Vincent Ferrer on the UES. [NYT, WWD]
• Anna Wintour is "bigger than ever," at least according to Tina Brown. [TDB]
• Obits: Larry Gelbart, the man who developed the TV series MASH and co-wrote Tootsie, is dead at 81. And Frank Batten Sr., the man responsible for bringing the Weather Channel into the world, is dead at 82.
• As if Twitter wasn't inundated with enough self-promotion as it is, the company now says it plans to start accepting advertising. [Reuters]

A public memorial for longtime CBS News anchor Walter Cronkite was held earlier today at Lincoln Center. Here, a selection of the tributes, from two presidents and the remaining giants of TV news.

• Who's going to replace Diane Sawyer now that she's leaving GMA? No one knows, really, but expect the changes to the show to be significant. [NYT]
• Time is shutting down its fashion-centric spin-off, Time Style & Design. Editor Kate Betts will remain with Time; six other staffers have been let go. [WWD]
• Magazine publishers are bending over backwards and offering to design ads themselves in order to keep their advertisers from fleeing. [NYT]
• A frontrunner may have emerged to acquire the Boston Globe. [NYP]
• ABC and CBS have agreed to air President Obama's address to a joint session of Congress next Wednesday. Fox, however, probably will not. [THR]
• Hollywood writers just aren't earning the cash they used to, it seems. [NYT]
• Simon Fuller, the man who brought you American Idol, now has his sights set on fashion: He's one of the people behind a new site called Fashionair. [VF]
• One more reason to hope Jay Leno's new nightly show on NBC fails: If it succeeds, you can expect every other network to dump pricey one-hour dramas and replace them with crappy live events and even crappier reality TV. [Time]

• Get ready for the Spider-Man ride at Disney World: Walt Disney has agreed to pay $4 billion in cash and stock to acquire Marvel Entertainment. [NYT, WSJ]
• Because she was clearly the very best person for the job, Jenna Bush has signed on with the Today show. The daughter of the former president will be contributing stories "about once a month on issues like education." [THR]
• The Final Destination was No. 1 at the box office this weekend with a $28.3 million take; Inglourious Basterds came in No. 2 with $20 million. [THR]
• Newsstand magazine sales continue to fall. Single-copy sales fell 12 percent during the first half of the 2009 compared to the same period in 2008. [AP]
• NBC's new slogan for its fall marketing campaign? "More colorful." [Variety]

Remember 60 Minutes' Memogate? You know, when Dan Rather and producer Mary Mapes shot down President Bush's National Guard career with phony documents and were later fired? Well, Bernard Goldberg says they knew they were wrong all along! Despicable!

• Get ready to see commercials appear inside magazines. CBS is embedding tiny screens in an upcoming issue of Entertainment Weekly, which will play a clip promoting the network's fall season. What will it look like? Like this. [WSJ]
• Poor Rupert: The billionaire chairman of News Corp. only collected a compensation package of $18 million for the most recent fiscal year, which is down from $30 million, or 40 percent, from a year earlier. [AP]
• David Letterman continues to beat Conan O'Brien in the ratings. [NYT]
• Did Glenn Beck get yanked off the air after stirring up so much controversy recently, or is he on a regularly scheduled vacation? It's a mystery! [Politico]
• 60 Minutes is planning to air a tribute to Don Hewitt this Sunday. [NYT]
• Meghan McCain is returning to The View as a guest host. How thrilling. [NYP]
• Reader's Digest is one step closer to officially filing for bankruptcy. [NYT]
• What is Jayson Blair, the disgraced ex-New York Times reporter, up to these days? He's a "certified life coach" for a mental health facility. [Gawker, AP]

According to Paul Caine, president of the Time Inc. magazine group that includes Entertainment Weekly, the ballpark dollar cost for one of these video units is in the "low teens," although he said the cost may come down before the issue comes out.

Don Hewitt, a legend at CBS News for decades and the creator of 60 Minutes, has died at the age of 86.

In your sweltering Monday media column: Reader's Digest is going bankrupt, Ted Nugent loses his journalism gig because he is too hardcore, Dan Rather's madness debated, and Mediaite traffic numbers.

• The next top editor to fall victim to budget cuts at Condé Nast, at least according to Keith Kelly: Architectural Digest editor Paige Rense. [NYP]
• The first guest on Jay Leno's new show on Sept. 14: Jerry Seinfeld. [THR]
• Jay, Conan, Jon, Jimmy, Jimmy, or Craig? Now more than ever, celeb (and their publicists) are being forced to choose between late-night hosts. [THR]
• At least a dozen advertisers have abandoned Glenn Beck's show now that he's established himself as the most vile human being on television. [NYT]
• A big group of media companies—including CBS, NBC, Disney, News Corp., and Viacom—have teamed up to give the Nielsen ratings a run for its money. [NYT]

• Vibe is rising from the dead. A group of investors led by former cable exec Leo Hindery and its luxury magazine publisher Uptown Media have acquired the magazine. They plan to resurrect the website in a few weeks. [WSJ]
• Laura Ling is shopping a book proposal with her sister, Lisa Ling. [WSJ]
• Twitter was the victim of another denial-of-service attack yesterday. [NYT]
• Facebook is testing out something called "Facebook Lite," which may or may not be a Twitter competitor, depending whom you ask. [ABC News, Guardian]
• CBS had planned to change up this year's Emmy Awards. But then everyone complained, so now it plans to go back to the way it was. [THR]
• A launch party for a new magazine? Could it be? Really? [AdAge]