• The New York Times Co. is now publicly shopping the Boston Globe. Meanwhile, the list of potential acquirers is getting longer: The firm that bought the San Diego Union-Tribune is now a possible buyer. [AP, NYT]
• Related: The Globe is going to start charging to access its Web site. [E&P]
• News Corp. and GE were hoping to "ratchet down the rhetoric" when they ironed out a peace pact between MSNBC and Fox News recently. Keith Olbermann didn't abide by it, of course. (And Bill O'Reilly returned the compliment.) But Olbermann is still pretending it never happened. [WP, HP]
• It seems one embarrassment this week wasn't quite enough for Olbermann. Because he's resorting to shameless (and familiar) excuses to try and explain away the Richard Wolffe conflict-of-interest fiasco. [Gawker]
• Profits at CBS dropped by 96 percent in the second quarter. [WSJ]
• Why did Twitter go down yesterday? Blame the Russians. [NYT]

In your sizzling Tuesday media column: the future of the media is paid, Newsweek fights the power in Iran, another mag mogul kicks BusinessWeek's tires (made of paper), and Dan Rather's madder'n a lake trout with fiery testicles, at CBS.

The most memorable moment from last week's Walter Cronkite memorial service was Andy Rooney's heartbreaking inability to say much about his longtime friend after his emotions got the best of him. Last night on 60 Minutes, he tried again.

Tracy Morgan brought his own unique brand of lunacy to Letterman's show last night, where he spoke at length on what he plans to do to avoid the "Whitney Houston syndrome" in the event he wins an Emmy this year.

John Michael Higgins isn't a household name, but you've probably seen him acting in Christopher Guest films and/or as Wayne Jarvis on Arrested Development. He also portrayed Letterman in The Late Shift, something he says Letterman still hates him for.

• Why did Janice Min leave Us? It was about money, reports WWD, which explains that given the economy, Jann Wenner wasn't prepared to offer her the $2 million a year she's been collecting. Min is denying it. [WWD, NYDN]
• Dan Rather’s $70 million lawsuit against CBS is back on track. [NYT, WSJ]
• McKinsey has been retained by Condé Nast to do the sort of "rethinking" and "realigning" that the consulting firm gets paid enormous sums to do. And while it isn't the first time McKinsey has been in the building—they were hired by Condé in 2001—this time employees are totally freaking out. [NYO]
• One title that is doing well: Food Network Magazine, apparently. [CNY]
• ESPN's Erin Andrews was secretly videotaped in the nude while staying at a hotel. Now an ESPN employee is said to have been behind it. [NYDN, AP]

Dan Rather was awarded access to thousands of documents in his lawsuit against CBS. [Times]

As we plod through The Summer People Stopped Watching Network TV, said networks are making a fuss about Barack Obama's insistence on holding press conferences because it temporarily prevents them from profiting from their endlessly looped last-gasp humiliation-based reality shows.

Bill O'Reilly is so torn up over the death of Walter Cronkite. According to Bill, Cronkite was a liberal, but he didn't let his political views influence his reporting, unlike everyone around today, everyone except Fox News of course.

In your muggy Monday media column: New bosses at Interview Magazine, CBS keeps Walter Cronkite around, the Ahwatukee Foothills News' reputation is tarnished by a faux chef, and Cody Willard sits at a bar.

Walter Cronkite, the longtime CBS News journalist and trusted anchorman, has passed away, his family said. He was 92.

Bernie Madoff's only remaining purpose in life is to be exploited by the media. Who will land the first jailhouse TV interview with the villain? We handicap the possibilities, below.

Earlier in the week Sacha Baron Cohen shockingly appeared out of character on Letterman's show. Tonight he returned in character as "Bruno" to read the Top Ten—"Top Ten Reasons to See The New Movie Brüno."

Well, CBS news, when a husband and wife and a mistress and an unknown number of unidentified other women love each other very much...

• ABC and NBC will face off on Thursday night with competing tributes to Farrah Fawcett, who died today. But you probably expected that, no? [NYT]
• David Letterman beat out Conan in the ratings last week, the first time the Late Show has dominated the weekly ratings since 2005. [THR]
• Rosie O'Donnell will debut a new show on Sirius XM this fall. [NYDN]
• Rumor has it Ben Silverman's tenure at NBC may be ending soon. [DHD]
• Fox News now averages the same number of viewers as CNN, MSNBC, and HLN combined. Cue an evil grin across Roger Ailes's face. [THR]
• Wired editor-in-chief Chris Anderson's new book contains material he ripped from Wikipedia. But he's really, really sorry about it, okay? [NYP]

In your ever-gray Wednesday media column: Les Moonves can barely afford a dozen new million-dollar condos, The Daily Beast folds on freelance contracts, layoffs at MTV and TruTV, and the New York Times Co. is sick of your rumormongering.

• The bleak outlook for network news is getting bleaker: Both the CBS Evening News and ABC's World News suffered all-time ratings lows last week. [HuffPo]
• CBS chief Les Moonves's compensation was slashed by 76 percent last year. He still earned $13.6 million, though, so don't feel too bad for him. [Crain's]
• Depressing: Monday's breakup episode of TLC's Jon & Kate Plus 8 was the most-watched episode of the show ever with 10.6 million viewers. [THR]
• MySpace is closing four of its international offices and cutting two-thirds of its staff abroad advertising falls and Facebook and Twitter take over. [NYT]
• A woman in Massachusetts has filed a lawsuit against Elisabeth Hasselbeck for allegedly ripping off her self-published book on celiac disease. [BH]
• Bravo honcho Andy Cohen is going to be hosting a live show once a week called Watch What Happens. You can watch what happens on July 16. [LAT]

Danny DeVito was a guest on Letterman's show last night and Letterman took the opportunity to ask DeVito about his most recent episode of public drunkenness.

TVNewser is reporting tonight that legendary CBS newsman Walter Cronkite is "gravely ill," so ill that the network has been "updating his obituary."

Tens of imbecilic wingnuts turned out yesterday outside of Letterman's midtown studio to express faux outrage over his "perverted" jokes about Sarah Palin and her daughters, which in turn provoked Dave to spend almost an entire segment mocking them.