• Execs at CBS, NBC, ABC and Fox are supposedly "seething" that the president's three news conferences have cost them $30 million in ad revenue. [THR]
• Is the New York Times Co. heading towards bankruptcy? [E&P]
• More budget cuts at the Star Ledger and San Francisco Chronicle. [E&P, HP]
• The LA Times introduces a new weekly magazine this Sunday. [Folio]
Star Trek is off to a fast start. The pic grossed $7 million last night alone. [EW]
• It looks like television and radio advertising is rebounding a bit. [MLM]
• Former Radar editor Maer Roshan is now the editor of TheWeek.com. [NYP]
The Simpsons got its own series of postage stamps yesterday. [Reuters]