• The e-reader war rages on: If you want to read the Post on your Kindle on the way to work, you're out of luck; you'll have to buy a Sony Reader. [NYT, AFP]
• Project Runway will return to NYC (and Lifetime) for its 7th season. [NYDN]
• Budget Travel isn't shutting down, contrary to the rumors awhile back. But it…
Martha Stewart Gang-Related Drug Conspiracy Caught on Tape

In your law-abiding Thursday media column: Martha Stewart shows kids how to do drugs, Mike Bloomberg explains the "new media," predictions for 2010, and Budget Travel is sold.
• A big round of layoffs landed at the Associated Press today. [BI, NYT]
• Budget Travel isn't shutting down, contrary to rumors. But its owner is looking to sell the magazine or find new investors, however. [AdAge]
• Time.com's managing editor, Josh Tyrangiel, will become the editor of BusinessWeek when Bloomberg LP…
• Oprah's interview with Sarah Palin aired today, as you know by now. [AP]
• The deal between GE and Comcast to give the cable giant control of NBC Universal could be finalized in the next few days/weeks, although approval from Washington could take some time. [DF, THR, WSJ]
• Lou Dobbs didn't walk away from $9 million
Nina Willdorf, Budget Travel Editor
This is Nina Willdorf, currently the editor-in-chief of Budget Travel. Do you know anything about her? We're looking for info from those who've worked with her. We keep hearing stories.
A Budget Travel Bloodbath?
In your rubble-strewn Friday media column: rumors of carnage at Budget Travel, threats at a medical journal, advertising havoc at ESPN mag, and editors destroy everything: