Funny People debuted at No. 1 at the box office this weekend, although it was still the worst opening for an Adam Sandler movie in five years. [Reuters]
Mort Zuckerman is selling shares of his real estate company to pump $50 million into the Daily News to pay for new printing presses. [WSJ]
Lou Dobbs has become a PR nightmare for CNN. Presumably the fact that Media Matters is airing an anti-Dobbs commercial won't help matters. [AP, HP]
• Is the peace pact between Olbermann and O'Reilly a sham? [TDB]
• Google CEO Eric Schmidt has resigned from Apple's board of directors. [BN]

• The New York Times is losing its chief mouthpiece: Catherine Mathis is joining Standard & Poor's as head of marketing and communications. [NYT]
• A profile of Jeff Gaspin, the "analytical and cost-focused" exec now in charge of NBC Entertainment following Ben Silverman's departure. [WSJ]
• Former Variety editor Anne Thompson has launched a new blog. [NYT]
Alessandra Stanley made so many errors in her recent piece on Walter Cronkite, the paper is now giving her "special editing attention." [CJR]
• The new issue of Vanity Fair features two covers: one of Michael Jackson from 1989, and another of Farrah Fawcett from 1976. [WWD]
David Carr looks back on Tina Brown's Talk launch party a decade ago, which he says marked the beginning of the end for mainstream media. [NYT]
• Veteran journalist Sidney Zion is dead at the age of 75. [NYT]
Times publisher Arthur Sulzberger Jr. was reportedly booed after Brooklyn borough president Marty Markowitz mentioned there was a "celebrity" in the crowd at a concert last week. Go figure. [P6]