Bill Keller says that New York Times readers have offered to donate money to keep the paper alive, which is both very sad and very sweet. [Politico, NYP]
• Hearst has asked all of its newspapers to reduce costs by 20 percent. [BN]
• The launch of Oprah's cable network has been pushed back to 2010. [NYP]
Eliot Spitzer will hit the Today show on Monday, presumably to talk about the financial crisis, not about his personal life. [NYO]
• Tensions are reportedly running high at MSNBC after the network decided to give Ed Schultz a show and bump Norah O'Donnell and David Shuster. [P6]
• Breaking! The media appears to be rather fond of Michelle Obama. [WaPo]
• Last night's series finale of ER generated big ratings for NBC. [NYT]
• Is Google about to acquire Twitter? Not so much, says Kara Swisher. [ATD]