• Major investor in Knight Ridder newspaper chain demands the chain be sold "to increase shareholder value." Because 20 percent profit margins at KR papers — or whatever astronomincal number the company demands — clearly aren't enough. [NYT]
• CBS News's new Roone Arledge learned at the feet — literally — of the old Roone Arledge. [TV Guide]
• More tsuris for the hip-hop bible: The Source is $156K behind in rent. [Radar]
• Unsurprisingly, Fox & Friends, the Fox News morning show, is obnoxious — and successful. [NYO]
• After last year's bout of excitement, bloggers have not overtaken the White House briefing room. One imagines because bloggers chose not to waste their time being stonewalled and lied to. [E&P]
• Mother Nature for Time's Person of the Year, campaigns Jon Friedman, who is clearly hoping his weekend place — if he has one — will be spared when the next Nor'eastern hits. [MW]