In his memoir, former Time Inc. EIC Norman Pearlstine paints NYT honcho Arthur Sulzberger, Jr., as a lightweight for that whole "not caving to federal prosecutors like Time did" thing. [NYP]
Discovery cuts 200 staffers. [B&C]
Time Inc. offloads Book-of-the-Month Club to Bertelsmann. [WSJ]
Fox News executive vice president on "Red Eye": "It's sort of like making a sandwich late at night. You just grab what's in the fridge and put it all together." Because you're so damned baked, see. [NYT]
Boston Globe deputy managing editor moves to Times metro section. [NYO]
Time Inc.'s Dick Parsons will take home $22.5 million. [NYP]
Consumer Reports names new editors, looks for ladies. [NYT]
