• Another magazine has gone under: Hachette announced today that it's closing Metropolitan Home to "focus its resources" on Elle Décor. [AdAge]
• New York's profile of star Times reporter Andrew Ross Sorkin reveals he's one of the paper's highest-paid staffers and is beloved by the titans of Wall Street, but is not quite as popular with some of his Times colleagues. [NYM]
• Circulation is down—and losses are up—at the New York Post. [NYT]
• GE and Comcast have agreed on a valuation for NBC, which brings the parties one step closer to handing over control of the network to Comcast. [Reuters]
• Condé Nast may be trimming expenses and cutting jobs here at home, but the mag giant is busy expanding its presence in China. [NYP]
• Curb Your Enthusiasm is coming to basic cable. TV Land and TV Guide have picked up reruns of the show and will begin airing them next year. [LAT]
• Google has acquired the mobile ad company AdMob for $750 million. [NYT]
• Last night's Mad Men scored AMC its highest-rated finale ever, although considering it's AMC we're talking about, that isn't saying much. [B&C]
• A Christmas Carol was No. 1 at the weekend box office, although its $31 million gross was weak given it cost $200 million to produce. Meanwhile, Precious' $1.8 million take on 18 screens set a limited-release record. [LAT]

Hachette is folding Metropolitan Home magazine. Its December issue will be its last.

This is a tough time for the magazine business, so it's only to be expected that publishers will do whatever is necessary to defend their dying brands. You may have never picked up a copy of Metropolitan Home (or even heard of the title), but Hachette wasn't thrilled to find out that a company has been producing lighting fixtures under the "Metropolitan Home" name, especially since part of Hachette's plan to save the title consists of launching a line of home decor products under the same name.