• HarperCollins announced layoffs and a major reorg today. [NYO, Gawker]
• No one wants to take the editor job at OK! [Page Six]
• Ron Burkle's magazine distribution company is suing a bunch of publishing companies for trying to drive it out of business. We should be so lucky. [NYP]
• Michael Kinsley explains why micropayments won't save newspapers. [NYT]
Time's Walter Isaacson, however, argued the opposite position last night when he appeared on The Daily Show with Jon Stewart. [NYO, TDS]
• Hachette is dropping out of the Magazine Publishers of America. [AdAge]
• Live Nation and Ticketmaster have announced plans to merge. [NYT]
• CBS scored big ratings on Sunday thanks to the Grammys. [AdAge]
• A day in the life of Fox News anchor Shepard Smith. [Esquire]