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Media Bubble: One Day, Rupert Murdoch Will Own Us All

• News Corporation made a billion dollars of profit last quarter. [MW]
• Why the New York Press REALLY wouldn't publish the Mohammed cartoons: Because they didn't want to get bombed. (Or, at least, so says the departed EIC.) [The Politicker/NYO]
Travel Savvy crashes, as parent company closes it and sibling mag after owner's death. [NYP]
• The Media Mob suggests an alternative cover for Page Six: The Magazine. [NYO]

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