Reclusive Hollywood rage-blogger Nikki Finke may or may not have been fired from her perch as editor of Deadline Hollywood. Her nemesis Sharon Waxman, over at the Wrap, says Finke has been canned by Mail.com founder Jay Penske after he became fed up with her bullying ways. Finke and Penske have both denied the story…

Jay Penske, the racing scion and media mogul who likes to employ Hollywood shut-in Nikki Finke when he's not busy (allegedly!) assaulting and urinating on strange women in public, has purchased Hollywood's oldest and most storied trade rag. Let the unceasing drama begin!

Litigious recluse and Deadline.com founder Nikki Finke has escalated her tiresome war with The Hollywood Reporter—her boss Jay Penske is suing THR's parent company for copyright infringement, for allegedly stealing code. But that's kind of boring! So they dressed up the lawsuit in a whole bunch of other fun, utterly…

In your soggy Thursday media column: a rumored bid for Variety, Penthouse's owner has a cheap IPO, Erin Burnett's going to CNN, Slate's editor likes Slate, and a Reader's Digest recipe kerfuffle.

The New York nonprofit that owns "Fashion Rocks" is suing Jay Penske's Mail.com Media Corporation—the parent company of Deadline Hollywood, Movieline, and Hollywood Life—for ripping off the charity concert's name and brazenly pretending to own it.

Does reclusive Hollywood scoopstress Nikki Finke want out of her multimillion dollar^* deal with Mail.com? She says she recently turned down an offer from the Hollywood Reporter to lead the flailing trade. Her archnemesis Sharon Waxman hears they're still talking.

Bonnie Fuller finally re-launched HollywoodLife.com as a celebrity gossip site in her own image, and it's as nauseating as we feared: In Touch and Life & Style have indeed vomited all over a ridiculously loooong Web page.

Hollywood blogger Nikki Finke has always been cagey about her Web traffic. But having sold her website, the stabby gossipmonger can't keep her numbers private any longer. All she can do is try and push them up. Which we'd recommend.

Nikki Finke is an industrious and relentless blogger. But she's not a reliable one. As her readers know, she's given to frequent unexpected absences from her blog. Now that she's making $400,000, we're going to start keeping track.

Bonnie Fuller just hired TMZ's New York bureau chief, Will Lee, as executive editor of her soon-to-be relaunched HollywoodLife.com. Fuller is known for taking underlings' underwear and making them wash breast pumps. Our thoughts and prayers are with Lee tonight.

Just asking: Is it odd that deposed car czar Steve Rattner poured $35 million into Jay Penske's dubious internet adventure Mail.com in October, and then arranged for Jay's father Roger Penske to buy Saturn from General Motors nine months later?

We finally know how much aspiring Hollywood mogul Jay Penske has agreed to pay industry blogger Nikki Finke: according to the NYT's David Carr: $400,000 a year for the next eight years. Pretty good money, but not $14 million.

Well, Jay Penske is assembling quite a stable at his burgeoning online media company; first he bought Nikki Finke, Winchellian Hollywood blogger, now he's bringing on Bonnie Fuller, the notorious diva celeb-mag editor. Watch for sparks.

News broke earlier today that Nikki Finke had sold her Deadline Hollywood Daily blog to Jay Penske's Mail.com Media Corp. Now, fantastical numbers are being floated around about how much she got. Who would do a thing like that?

As the L.A. media otherwise disappers, Jay Penske is in empire-building mode. His hitherto low-profile Mail.com Media Corporation acquired Nikki Finke's showbiz blog and he backed Movieline in April. From what we've gleaned, the guy's a true Tinseltown dreamer.

Nikke Finke has sold her web site, Deadline Hollywood Daily, to Jay Penske's Mail.com, and will be hiring a reporter in New York to expand the site's coverage. So get those résumés ready, kids.