In your socialist Tuesday media column: Nancy Pelosi helps newspapers (symbolically), Courtney Friel says "OMG," rumors of cheapskatism at Interview, and naptime for Jim Kelly:

After thirty years at Time Inc., Jim Kelly is stepping down as the magazine group's managing editor, according to an email he just sent out, reproduced after the jump.

Last night, Mediabistro founder Laurel Touby wonderfully displayed her utter inability to use email. (Once again, we question how this woman founded an internet company and sold it for $23 million.) Rebecca Fox, Mediabistro's managing editor, had sent out an email alert that News Corp. had bought Beliefnet.com.…

It's not just "Best of" week at New York. There's also a remarkably detailed report on Time magazine from Joe Hagan. If it's news to you that Time is in trouble you might want to read the whole thing; if not, we've distilled it to make note of the internecine power struggles and personal agendas that occasionally make…

We also got our hands on John Huey's staff memo announcing Rick Stengel's appointment as managing editor of Time, and, for the most part, it reads as a first-person version of the public press release. But there's one line, down near the bottom, the caught our eye:

Mediaweek reports that today's the day over at Time: "[M]anaging editor Jim Kelly dropped a big hint to staffers that they should be around for a 'pour' later today, according to Time insiders." Speculation over Kelly's replacement continues (Kurt Andersen finally gets his name mentioned by someone who isn't related…

A tipster writes:

• Reporting the war in Iraq isn't exactly the cushy assignment you'd expect it to be. [NYM]
• Jon Friedman, Gawker reader, thinks it'll be tough for Time to toss Jim Kelly overboard. [Marketwatch]
• Mark Cuban prefers newspapers to the Internet. Particularly the ones that report on his billion dollar penis. [Blog…

It's gotta be awkward when the editor you've been trying to ease out is the menschy star of the National Magazine Awards. So what do you do, Time Inc. EIC John Huey, to square that circle? Enthusiasm! Over-the-top, shouting enthusiasm:

Sure, it's still not entirely clear that Jim Kelly is leaving the helm of Time magazine anytime soon. And, sure, if he is in fact leaving it's not clear when he'll be leaving. But that hasn't stopped speculation about who'll be his potential successor. Here's a rumor, from a source who has at least a touch of an…

When Lowdown Lloyd Grove reported Friday on Time chief Jim Kelly's impending departure from the job, there was only one unequivocal parameter on its timing. Kelly, Grove wrote, "will give up his post sometime after next month's black-tie Time 100 dinner." Undoubtedly that's true — unless Kelly goes running for the…

• Harvard sophomore Kaavya Viswanathan gets spanked for plagiarizing her debut novel. Little, Brown enters shame spiral for having given an underage hack a two book, $500K deal — they cope by pulling her bestseller from the shelves.
• People names its "beautiful people" and is rumored to have shelled out some $700K…

Interesting news today from Lloyd Grove. (Huh. That felt weird.) The Lloydster reports that Time's top editor, jolly Jim Kelly, will soon be leaving his post, perhaps as early as June. There's a non-denial from a Time Inc. flack ("Jim Kelly is very much in charge of charting the current and future course of Time…