• Looking to buy a struggling business magazine that's losing advertisers right and left? You're in luck. McGraw-Hill has put BusinessWeek up for sale. [BN]
• The hottest interview in TV-land right now? Bernie Madoff, naturally. [B&C]
• Not such great news for the television biz: Most networks are experiencing a double-digit drop in summer ratings compared to last year. [USAT]
• MySpace is no longer a "place for friends." (That's what Facebook is for.) It's a Web site "for accessing entertainment and related information." [WSJ]
• Former Observer reporter Gabriel Sherman takes a look at Observer owner Jared Kushner in this week's issue of New York. Among other things, Kushner says he found the paper "unbearable" until he bought it. [NYM]
Brüno's $30 million gross made it No. 1 at the box office this weekend. [THR]

• Not surprisingly, Washington Post ombudsman Andrew Alexander wasn't especially impressed by the paper's effort to lure in corporate sponsors with the promise of access to Post reporters at high-priced "salons." [WaPo]
• Three years after he nearly lost his life there, ABC News reporter Bob Woodruff has returned to report from Iraq. [ABC News]
• Limited edition copies of Ted Kennedy's memoir will cost $1,000. [NYT]
Susan Sarandon and John Goodman have signed on to co-star opposite Al Pacino in the Barry Levinson-directed movie about Jack Kevorkian. [THR]
• Does True Blood's success mean HBO's losing streak is over? Maybe! [NYT]
• Is the age of the celebrity spokesperson over? Possibly! [AdAge]
• The search engine Bing just launched, but it's already beating Yahoo. [NYT]
• Talking Points Memo has raised some cash and is now hiring staff. [NYT]
• Third-rate real estate developer Trump has a new enemy: "Kurt Andersen has always been a third-rate writer and an unsuccessful one at that." [Page Six]