By Jesse, 2:19 PM on Mon Jun 5 2006, 109 views (Edit, to draft, Top, Slurp)

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• Hearst is the a great media company with a great headquarters and great executives who do great things. Yay! [NYT]
• Actually, no, Fox Business Channel isn't going to launch anytime soon. Never mind. [B&C]
• Where's the love for E&P? [MW]
• Time Inc. has extended its deal to sell All You exclusively in Wal-mart, which means you will continue to never read it. [Mediaweek]
• Straight guys dig the Coop, too. [LAT]
• Glut of WP buyouts leads to potential glut of cake. (And to the departure of — who knew she was even a newspaper editor? — Jo Polniaczek.) [NYT]