Thousands of sweaty-palmed nerds are super psyched that their favorite place to creep on underage girls has returned. Reddit, the popular message board owned by Advance Publications, Conde Nast's parent company, has decided to revive its forum devoted to aggregating pictures of "jailbait."
Conde Nast has always been able to afford the luxury of publishing money-losing magazines, thanks the other half of their parent company—the Newhouse newspaper chain—subsidizing them with cash. Those days are gone. Now, a cable company is all that keeps Conde afloat. And the Newhouse family's getting antsy:
• You can rest easier now: Now that he's no longer planning to run for Senate, Chris Matthews has signed a new four-year contract with MSNBC. [NYT]
• Howard Dean has signed on to be a CNBC contributor. [HP]
• Major media companies are now looking for a bailout. From Google. [AdAge]
• Jay Leno's chat with Obama was his…
Here's our theory: Daily deadlines did in the newspaper industry. The pressure of getting to press, the long-practiced art of doom-and-gloom headline writing, the flinchiness of easily spooked editors all made it impossible for ink-stained wretches to look farther into the future than the next edition. Speaking of…
