• More layoffs at the New York Times may be on the way. Uh oh. [Wrap]
• NBC was planning to lose $250 mil. on the Olympics before the games even started. Now it's worried about low ratings/injured athletes, too. [LAT, NYP]
• More bad news for NBC: A poll finds that 69 percent of the people who used to watch Jay Leno have no plans to follow him back to The Tonight Show. [TVG]
• Two-in-one magazine/catalog Lucky has a new publisher. [WWD]
• Movies: The next Twilight installment will consist of two separate movies (everyone gets to pay twice!); Brittany Murphy's final film will hit theaters this summer; and Valentine's Day is expected to top the weekend box office.
• Related: Julia Roberts makes a six-minute appearance in Valentine's Day. That means she was paid about $500,000/minute for her services. [NYM]
• MySpace has clearly seen better times. (Like 2005.) [NYT, LAT, ATD]
• TV: The Ellen DeGeneres Show is staying on NBC, not going to ABC; evil empire Wal-Mart is planning to produce "family-friendly" television programming; and Sarah Palin's fave show, American Chopper, has been canceled, gosh darnit.

Oh, good, Sarah Palin is going to be on the show about people who make motorcycles. Here is angry motorcycle builder Paul Teutul Sr. with the Governor of Alaska, on her famous "giant bearskin couch."