Time Out New York is now up for sale for $40 million. [Times UK]
♦ A major reorganization at Random House was announced today by the company's new CEO, Markus Dohle. [NYO]
♦ Simon & Schuster is laying off 35 people. [Gawker]
♦ NBC appears to have settled on David Gregory as the new host of Meet the Press, but the network has yet to finalize the deal. [NYT]
Tina Fey didn't get a $5 million book deal. It was $6.9 million. [NYP]
♦ Are you an unemployed writer? Get in touch with Tina Brown! [NYO]
♦ Miles O'Brien is departing CNN. [TVN]