Steve Parr is the new CEO of Elle publisher Hachette Filipacchi, succeeding Alain Lemarchand.

• Another magazine has gone under: Hachette announced today that it's closing Metropolitan Home to "focus its resources" on Elle Décor. [AdAge]
• New York's profile of star Times reporter Andrew Ross Sorkin reveals he's one of the paper's highest-paid staffers and is beloved by the titans of Wall Street, but is not…

• A long list of media luminaries and politicians, including President Obama and former president Clinton, turned out for this afternoon for a memorial service at Avery Fisher Hall in honor of Walter Cronkite. [WP, NYT, LAT]
• Stephen Farrell, a New York Times reporter taken hostage by militants in Afghanistan, was…

• Two years after he was booted from MSNBC and CBS Radio for making racist comments, Fox Business is now in talks to team up with Don Imus. [LAT]
• Is Hachette selling Elle? The company seems to be hedging. [AdAge]
• Magazine publishers are allowing advertisers to slap their ads just about any place they want these…

• Heidi Klum can now add "magazine editor" to her resume. She assembled a 140-page spread for German Vogue called "Heidi by Vogue." [NYDN]
• Stephen Colbert will be broadcasting from Baghdad next week. [AP]
• Silvio Berlusconi is vowing to sue the Spanish newspaper El Pais for publishing pics of topless women and a…

• Conan O'Brien's Tonight Show debuted last night. The reviews were mixed, although he did very well in the ratings, not surprisingly. [Variety, THR]
• Playboy Enterprises named Scott Flanders as its CEO yesterday. [NYP]
• Lawyers for author J.D. Salinger have filed suit against an author who is publishing a book…

• More bad news for the magazine biz: Ad pages fell 26 percent during the first quarter, although you probably guessed that when you used last month's issue of any number of Condé Nast magazines to floss your teeth. [NYT]
• Steve Brill plans to save journalism! Or die trying, at least. [NYT]
• Sam Zell now says his…

• Hachette is cutting salaries and asking staff to work overtime. Fun! [Gawker]
• Amazon is blaming an "embarrassing and ham-fisted cataloging error" for the dropping the sales rankings of thousands of gay and lesbian books. [AFP]
• Bravo has picked up four new shows, including one produced by Sarah Jessica Parker…

• Hachette is looking to sell a big bunch of magazines, including Road & Track, Car & Driver, American Photo, Boating, Cycle World, Sound & Vision, and Flying. Package deals available; financing not so much. [AdAge, MW]
• Dick Parsons will step down from the Time Warner board in May. [Crains]
• Time Warner is buying a…

• Got an idea for how Arthur Sulzberger Jr. might be able to rescue the struggling New York Times? He now says he'll "consider anything." [NYO]
• Hachette plans to leave Midtown for cheaper space near Wall Street. [NYP]
• Josh Schwartz is finishing the pilot for an as-yet-untitled Gossip Girl spin-off that will be…

• The recession hasn't been all that bad as far as Hollywood is concerned: Ticket sales this year are up 17.5% and attendance is up 16%. [NYT]
• Viacom and CBS chieftain Sumner Redstone will have until the end of next year to sell off assets in order to repay his enormous pile of debt. [WSJ]
• Hearst is looking to…

• HarperCollins announced layoffs and a major reorg today. [NYO, Gawker]
• No one wants to take the editor job at OK! [Page Six]
• Ron Burkle's magazine distribution company is suing a bunch of publishing companies for trying to drive it out of business. We should be so lucky. [NYP]
• Michael Kinsley explains why…

We wish Jack Kliger happiness in his forthcoming marriage. Because the Hachette boss' job certainly isn't much fun. The magazine group's titles, such as Elle, are mostly also-rans; and the 60-year-old publishing veteran is both starved of funds by the company's French owners, and second-guessed by agents of head…