It's a breathtaking double-cross, even by San Francisco standards: A newspaper left for dead by a philanthropist billionaire, who, in partnership with a university, public radio and even perhaps the New York Times, has transferred his affections to the Web.

You do not want to miss the weekly festival of swooning self-regard and misty incoherence that will be Peggy Noonan's "Study Group" for undergrads this year, during her fellowship at the Kennedy School's Institute of Politics. Let's read the syllabus.

• Condé Nast editors and publishers may be forced to cut their budgets by as much as 25% now that the consultants reviewing operations are completing their tour of duty. Not surprisingly, "significant layoffs" are expected. [NYO]
• More trouble for Harvey: The Weinstein Co. says it plans to cut 35 additional positions at the film company over the next month or so. [THR]
• A new bidder for beleaguered BusinessWeek appears to have emerged in ex-BMG chief Strauss Zelnick and former WSJ publisher Gordon Crovitz. [BW]
• WSJ, the glossy owned by the Wall Street Journal, is expanding [WWD]
• The CW is planning a reality show about what it's like to be a Virgin flight attendant in search of "good times, great parties, adventure and love." [Wrap]
• Mark Consuelos (or Mr. Kelly Ripa) has been given the boot by Oprah. [NYP]
• The Observer is moving from the Flatiron district to a Jared Kushner-owned building in Midtown: "If I'm paying rent, I'd rather pay it to myself." [NYO]
• Eight out of ten Americans say they would oppose any plan to spend tax dollars to bail out failing newspapers. You're shocked by that, we're sure. [E&P]

In your wonderful Wednesday media column: the NYO's getting a new home, the WaPo redesigns its magazine, Michael Moore has fancy party, and Katie Couric meets Glenn Beck and they totally make out (or do they?).

In your warming Tuesday media column: The New York Post softens its stance on the Fake NYP, foolish kids flock to J-schools, a few magazines do not so poorly, and NYT stock is for sale!

• 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]

In your momentous Monday media column: Conde Nast mag closure rumors continue to leak, everybody's selling weed these days, the Amish organize their newspapers in an insane manner, and a "joke," about J-school!

Good news for the newspapers industry! The rate of catastrophic quarterly decline in ad revenue is slowing, slightly. Looks like that strategy of "Ohmigod, Jesus Christ...just fire everybody" is finally paying off, very modestly!

The New York Times, which six months ago forced staffers to take a 5% paycut, has been overpaying its publisher and CEO for nearly two years in violation of its own compensation rules. We're supposed to bail these people out?

In your fading Friday media column: America's most august lefty magazine learns how to makes Ca$h the Ebay way, Ivy League murder obsession explained, Suze Orman may wake you up soon, and some assholes still love Tom Friedman.

Variety, the Hollywood trade newspaper with its only secret language based on words like "ankle" and "boffo" into its copy, has confirmed that it plans to put most or all of its web site behind a paywall.

In your unexpected Thursday media column: Michael Moore's reputation as the foremost authority on newspapers is challenged, the Sun-Times' unions play a dangerous game, Jenna Bush does a TV thing, and Alex Balk is persecuted without end.

In your willful Wednesday media column: Meghan McCain is the queen of all media, BusinessWeek's sale grinds on, Lou Dobbs catches a boycott, and you can finally find political opinions, on the internet.

In your revenue-generating Tuesday media column: the BusinessWeek bidding draws to a close, Americans would pay only a pittance for newspaper websites, Peter Shankman's getting rich somehow, and the WaPo is determined not to write about dwarves.

The New York Times just sent out an internal memo announcing that Jonathan Landman—currently the deputy managing editor and head of the paper's digital operations—will succeed Sam Sifton as the paper's culture editor. Full memo below.

Oh, Glenn Beck. Why are you not content to be just a run of the mill asshole? Why must you bring celebrity interpretations into the mix, as you did this evening with a Kermit the Frog impression? It's sad.

In your mawkish Monday media column: Conde braces itself for the coming cutbacks, America hates the media more than ever, Anna Wintour has hated the media forever, as well, and Las Vegas is full of crooks.

• 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]

Slovenly documentarian Michael Moore has a pretty good idea about why America's newspaper industry is in the toilet! 1) Greed; 2) Americans are dumb; 3) Republicans.

In your unforgettable Friday media column: Creativity magazine folds, a high school paper bravely outs its school's Jesus-tainted food supply, medical journals are full of ghostwriters, and the WaPo's most infamous marketer resigns.