• The New York Times is gearing up to cut another two dozen positions at the newspaper, but that's fewer than NYT execs were anticipating. [NYP]
• Cancellations: MTV has pulled the plug on Alexa Chung's daytime show; and HBO's Flight of the Conchords is finished after two seasons. [THR, Variety]
• Diane Sawyer and …
The Harvard Business Review Will Show Your Ass What a Party Really Looks Like

In your finally Friday media column: Harvard Business Review does coke off pregnant hookers like it's nothing, the NYO gets a deputy editor, E&P remembered, and Bill O'Reilly hates Law and Order.
Harvard Business Review pins The Long Tail on the donkey
Harvard associate professor Anita Elberse has penned a long article for the Harvard Business Review that used data from Rhapsody and Australian DVD-by-mail distributor Quickflix to demonstrate that rather than the Internet enabling a "long tail" of niche media which publishers should embrace, the blockbuster…