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• NBC Cuts: Approximately 700 jobs axed, MSNBC moved from Secaucus, news budget slashed, expensive dramas abandoned. [Bloomberg]
• Of course, if you believe the Times, the layoffs will not be extensive. [NYT]
• Also, the network now plans to buy more of its crappy programming from its in-house studio. Insert your own "And such small portions" joke here. [WSJ]
• And MSNBC "stars" like Keith Olbermann and Chris Matthews may be moved to CNBC, which means we might actually start watching MSNBC. [B&C]
• In non-NBC news, you'll soon be able to see the Wall Street Journal's repellent editorials in full color. The rest of the paper, too. [AdAge]