• Bad news for NBC Universal: second-quarter profits dropped by 41%. [MW]
• Good news for NBC News: Susan Boyle's first in-depth TV interview will take place with Meredith Vieira on the Today show next Wednesday. [NYT]
• Alpha Media, the company that owns Maxim (and used to own Blender and Stuff)—and which was sold to Steve Rattner's Quadrangle Group in 2007—has changed hands again: Steve Feinberg's Cerberus now runs the show. [NYP]
• Rumor has it Pamela Fiori may be leaving Town & Country. [P6]
• Bonnie Fuller is taking over Hollywood Life, the website controlled by Jay Penske, who owns Movieline and recently bought out Nikki Finke. [NYT]
• More Finke: Days after the LA Times ran an article on Hollywood's most powerful blogger comes pretty much the same piece in the NY Times. [NYT]
• All that bad press for CNBC a few months ago must have refocused the network on the things that matter, right? Nope. [Gawker, Zero Hedge]

The problems are piling up for financier Steve Rattner. Two weeks ago, the media investor and Quadrangle Capital co-founder announced plans to shut down one of the firm's hedge funds; last week, it was revealed that Rattner's Alpha Media Group, which publishes Maxim and Blender, had fallen behind on payments to the company's creditors. Now the publishing company has been hit with a lawsuit by a hospitality company that claims Alpha Media failed live up to an agreement to promote a resort in the Dominican Republic bearing the Maxim name. The company, EMI Resorts, is now seeking more $80 million in damages. The full suit is below.

• Hachette is shuttering Home magazine. [Mediaweek]

We hear that Alpha Media Group (f/k/a Dennis Publishing), is seeing further cutbacks at what remains of its laddish enterprises. "Head of marketing and events Doug Turner let go as well as brand director Barry Pincus..all events and non mag biz being scaled back," writes a tipster.