• Rumor has it Richard Branson may be interested in buying Playboy. [ChiTrib]
• Two Boston Globe unions have agreed to concessions with the NYT Co. [E&P]
• Why did the Times pick Mexican billionaire Carlos Slim to invest in the paper instead of David Geffen? It seems publisher Arthur Sulzberger Jr. was "worried about Geffen's ambition to take over the company." [AllThingsD]
• Mayor Bloomberg plans to introduce legislation in Albany to extend the city's popular—but broke—film/TV tax credit program. [THR]
• Tom McGeveran has been named interim editor of the New York Observer. He'll take over for Peter Kaplan, whose last day will be this Friday. [NYO]

• Time Warner's board of directors will make an announcement on the future of AOL (and plans to spin it off) following a board meeting tomorrow. [PC]
• AT&T has been caught up on a controversy over American Idol. [NYT]
• Meet Alisher Usmanov, scary Russian and new Facebook investor. [Gawker]
• Diane Salvatore, the former editor-in-chief of Ladies' Home Journal, has been named named the new publisher of Broadway Books. [GC]
• Fox News continues to dominate CNN and MSNBC in the ratings. [HP]
• All the Jon & Kate Plus 8 nonsense isn't going away anytime soon, sadly. [NYT]