• The Kardashian girls continue to rake it in. Khloe Kardashian tied the knot with LA Laker Lamar Odom last night at a ceremony and reception was paid for by E!. (The event will be featured on an upcoming episode of E!'s Keeping Up With the Kardashians.) She may collect $250,000 more by selling photos of the nuptials. [People, TMZ, P6]
• After spending three decades as a fugitive on charges he raped a 13-year-old in 1978, famed director Roman Polanski was arrested in Switzerland on Saturday while on his way to attend the Zurich Film Festival. [NYDN, ABC]
• One of Saturday Night Live's brand new cast members, Jenny Slate, dropped an F-bomb on the show. [YouTube, NYDN]

Conan's no barbarian. The late night host hit his keppe on Friday when taping a stunt for The Tonight Show with Teri Hatcher. He got a concussion and went to the hospital. What?

Looking to boost your talk show's ratings and prestige? Just book Barack Obama. About 7.2 million people tuned in to watch Obama's chit-chat with David Letterman last night, the sort-of funny man's biggest night in four years.

Kanye West wasn't the only person who squirmed thanks to the primetime premiere of The Jay Leno Show. 17.7 million people tuned in for the unfunniest hour since on network TV since Bush's last State of the Union.

• The average person consumed 32.2 hours of TV each week this summer. It's a new record. And it's all thanks to the quality programming that cable channels have been putting on the air the last few months, obviously. [NYP]
• The bad news for newspapers is getting worse: Ad sales dropped by 29% during the second quarter, which means newspapers have $2.8 billion less in their (already empty) pockets than they had at this time last year. [AP]
• Related: Please take the time this weekend to read the massive story about Hurricane Katrina in the New York Times Sunday magazine. It cost the paper and ProPublica a record-setting $400,000 to produce. [CJR]
• Because Nightline feels left out of the war between Conan and Letterman, the show is launching a campaign to remind you that it still exists. [AdAge]

• The value of Michael Jackson's estate may double by the end of the year thanks to the surge in music sales and all those movie/merch deals. [LAT]
• Bad news for Conan: Repeats of David Letterman's show last week still managed to beat new episodes of the Tonight Show in the ratings. [NYT]
• For the first time, Us Weekly's website attracted more monthly visitors than People.com. Us's footage of Michael Jackson's hair on fire helped. [WWD]
• Bill Bratton, the former police commissioner of LA and, before that, New York City, has landed a book deal with Random House's Broadway Books. [AP]
• Does lots of buzz on Twitter send people to movie theaters and boost box office sales? Not so much, at least according to one poll. [NYT]
• Dr. Dre, Interscope chairman Jimmy Iovine, and Hewlett-Packard are teaming up to "save digital music." Good luck with that, guys. [CNET]

B.J. Novak of The Office and Quentin Tarantino's Inglorious Bastards was a guest on Conan's show last night, where he shared one of the better Quentin Tarantino stories you'll ever hear.

Weeks ago Conan acquired wax replicas of Tom Cruise and The Fonz, and since then they've become regulars on the Tonight Show. Tonight, he shot them both out of the Ringling Brothers cannon and it was awesome.

Jay Leno shared some details about the format of his new show with the press today. Among the "highlights": celebrities racing "green" cars, pre-taped Daily Show type segments, and Brian Williams will be a show regular.

Here's Jeremy Piven on the Tonight Show last night telling Conan about how Barack Obama gave him his phone numbers, all of his phone numbers, and Piven then failed to save them into his phone. Maybe it was the sushi.

• Reed Elsevier is planning to sell a bunch of publications, including Broadcasting & Cable, Publishers Weekly and Multichannel News. [THR]
• Rodale's president and CEO, Steve Murphy, has resigned. [Gawker]
• Disney reports third-quarter profit fell 26 percent from the same quarter a year ago. Sony posted a loss for the quarter, as well. [AP, Reuters]
• Martha Stewart Living Omnimedia reported a loss, but beat estimates. [NYP]
• TLC's been having a pretty good year, in case you haven't heard. [LAT]
• Amy Poehler is coming back to SNL. Just part-time, though. [Vulture]
• Maria Bartiromo has locked in a new five-year contract with CNBC. [VF]
• Dustin "Screech" Diamond's tell-all memoir will be published, after all! [NYO]

On Monday night Conan had William Shatner on the Tonight Show to conduct a dramatic reading of a particularly poetic prose passage from Sarah Palin's resignation speech. Tonight Shatner returned to conduct another dramatic reading of Palin tweets.

Steve Zahn's appearance on the Tonight Show with Conan last night was one of the more delightfully bizarre interviews we've seen in a while. Watch Zahn ramble incoherently about his love of farm animals and hitchhiking in a chicken suit.

Last night, Conan O'Brien staged a dramatic reading of Sarah Palin's farewell speech/mad triumphant soul-cry as read by William Shatner and accompanied by bongos and stand-up bass.

"Fat Jesus" was a guest on The Tonight Show with Conan last night where he discussed his mother's reaction to seeing The Hangover, and his penis' reaction to him being naked in the same room as a live Bengal tiger.

• McGraw-Hill, which announced recently that it's looking to get rid of BusinessWeek, has now announced plans to get rid of 550 employees. [WSJ]
• Jim Spanfeller, the president and CEO of Forbes.com, either decided to leave the company or was forced out, depending on who you talk to. [DF, NYT]
• As expected, the new Harry Potter movie raked it in yesterday. [THR]
• Donald Trump's long-running libel lawsuit against author (and New York Times business editor) Timothy O'Brien has been dismissed by a judge. [NYP]

• More data about the Biggest Television Event Ever™: Some 31 million people tuned into the Jackson memorial on TV, and video sites report that they delivered more than 10 million live streams on Tuesday. [THR, VB]
• One TV person not pleased with all the Jackson coverage: Conan O'Brien, whose new Tonight Show has seen ratings drop as a result. [NYT]
• News Corp. has paid more than $1.6 million to settle court cases involving reporters in Britain who hacked into public figures' cell phones. [Guardian]
• Is Liberty Media going to bail out Harvey Weinstein? Let's hope so. [NYP]
• None of the major media companies appear keen on buying Twitter. [LAT]
• Comedy Central has ordered up a sitcom starring Napoleon Dynamite's Jon Heder, which will be produced by Will Ferrell and Adam McKay. [B&C]
• The title of Michael Moore's new movie: Capitalism: A Love Story. [NYDN]

Sacha Baron Cohen's Bruno doesn't open in the U.S. until July 10th, but he's already out doing press for the film. Tonight he was the guest on The Tonight Show and, of course, he was utterly ridiculous.

• 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]

• Advertisers are asking (demanding) that TV broadcasters cut prices by as much as 15 percent. The networks? They're not so happy about it. [LAT]
• Jared Kushner's Observer is launching a supplement for "stroller-wheeling New York City moms." The glossy is set to debut in September and "will address family-friendly topics for the society set and celebrity parents." [WWD]
• Rupert Murdoch's News Corp. has sold off The Weekly Standard magazine to Denver-based media mogul (and fellow conservative) Phil Anschutz. [AP]
• ABC is changing up its executive management structure. [THR]
• Conan O'Brien was victorious in his second week up against Letterman. [NYT]
• Speaking of Letterman, Olive Garden—the "Italian" chain restaurant that you should never eat at even if you're dying of starvation—is canceling all of its spots on Letterman's show in solidarity with Sarah Palin. [Politico]