Ann Moore is out as CEO of Time Inc., the New York Times' David Carr reports, and will be replaced by Meredith Corp. exec Jack Griffin, another traditional magazine executive.

AOL CEO Tim Armstrong and Time Inc. CEO Ann Moore met recently.

• David Letterman's ratings have gone up thanks to his very public spat with Sarah Palin. So don't be the least bit surprised if it continues. [NYT]
• Ann Moore signed a new contract with Time Inc. that will keep her around through 2012; John Squires, meanwhile, has a new gig at the company. [NYP]
• Newsweek is cutting out an issue this summer. You can guess why. [WSJ]
• Martha Stewart Living Omnimedia's latest project? That would be something called "Martha University," which sounds horrifying, frankly. [PC]
• Michael Gross's new book isn't available at the New York Public Library and chances are Annette de la Renta had something to do with it. [NYO]
• Negotiations continue between the Boston Globe and union reps. "People briefed on the talks say a deal is close." Don't hold your breath. [NYT]

• Jon Stewart ripped Jim Cramer apart once again on his show last night. And now Cramer is planning to appear on The Daily Show on Thursday. [Gawker]
• William Morris and Endeavor are said to be in merger talks. [NYT]
• Time Inc. chief Ann Moore says the company is thinking about turning Time.com and People.com subscription-based sites. [Folio]
• For its part, Disney is launching a new "portal." It's 1999 all over again! [WSJ]
• Former NBC prez Katherine Pope is said to be in talks with News Corp. president Peter Chernin about joining his new production firm. [THR]
• Is liberal talk radio host Ed Schultz destined for a gig with MSNBC? [NYO]
• Needless to say, the Daily News is taking issue with the list suggesting the paper is likely to go out of business in the near future. [Crains]
• The plug has been pulled on David Alan Grier's Comedy Central series, Chocolate News. Let's all take a moment to mourn, okay? [NYT]

Well, this was probably inevitable: Now that everyone in the world is telling newspaper and magazine publishers they need to charge for website access, the big players are reconsidering the idea.

♦ Graydon Carter says Vanity Fair plans to go ahead with its annual Oscar party, but "the party will be a much more intimate affair than in years past; we're going to scale back the guest list considerably." [DH]
♦ No replacement is planned for Alan Colmes: Fox News plans to have Sean Hannity serve as solo host of the nightly show. [NYT]
♦ Ted Koppel is parting ways with the Discovery Channel. [NYT]
♦ Looks like OK! has been cutting back on copy editors. The cover of the new issue misspells Ashlee Simpson's name. [HuffPo]

"By this October it was looking like 1931." [Folio]

♦ Bill O'Reilly has signed a new four-year contract with Fox News worth $10-12 million a year. There is good news, though: His radio show may be coming to an end. [NYDN]
♦ More bad news for Harvey Weinstein: A handful of senior execs at The Weinstein Co. have announced their departures. [THR]
♦ How are monthly business magazines keeping up with the financial crisis? They're not, really. [NYO]
♦ The offices of the New York Times received an envelope this morning containing a "white granular substance." [Radar]

A new round of layoffs is coming to Time Inc. "in the very near future," sources tell the Post's Keith Kelly. But please don't worry about the top brass, departing magazine staff, because they're doing just fine. They've still got their Caribbean retreats, you'll recall, and millions of dollars with which to buy celebrity baby pictures. And it looks like a surprise contract extension is in store for Ann Moore, the Harvard MBA who saw online revenue grow 76 percent this year, even amid cost cutting. That's probably why she's got enough swagger to gab to the Times of London about the "two-year plan" she keeps right next the contract with 18 months left on it. According to Kelly, she's probably right to feel to secure enough to assume she'll get a renewed mandate:

Nary a kind word for Time Inc. CEO Ann Moore in Keith Kelly's 1,200-word Sunday New York Post profile. Well, she has overseen the elimination of 1,000 jobs at the magazine in the last year, so you'd expect bits like this: "I think she's a one-trick pony," one 'former executive' told the Post. Moore aims to make Time Inc. a leader of the digital age—so, her groundbreaking vision for the future? "Page views plus minutes spent will be the new gold standard." Eureka! Time Inc. editor-in-chief John Huey's take? "I wouldn't be the best judge of morale today, [Ed. You don't say!] but I sense that we're on the comeback trail." Here's a better judge of morale: "Remember, the layoffs may not be over," warns Keith.

Unless it's a really good one, says CEO. [WWD]

So Life magazine, which seems to have had nine of them, has once more shuffled off this mortal coil. Time Inc. CEO Ann Moore's barely-moved farewell to the mag follows. For more information about 'Life' magazine, ask your great-grandparents.

Has Time Inc. chair Ann Moore moved up the date on her "three year plan for laying" herself off? Quite possibly not! But we're hearing vaguely credible rumors that she might be gone by the end of the week. If you've heard anything, drop us a line. Maybe she's just really busy helping out on the redesign.

It's not just "Best of" week at New York. There's also a remarkably detailed report on Time magazine from Joe Hagan. If it's news to you that Time is in trouble you might want to read the whole thing; if not, we've distilled it to make note of the internecine power struggles and personal agendas that occasionally make a story like this worth reading. After the jump, your pre-chewed profile.

Time Inc. CEO Ann Moore to BusinessWeek's Jon Fine:

Here's the Time Inc. head Ann Moore's "peace out, suckers" memo to the newly-sold kids at Time 4 Media.

If you can stand another memo on the Time Inc. layoffs, we've got one. This one comes from the Newspaper Guild, and it gives a pretty good look at what Time Inc. wants its "volunteers" to walk away from. Those numbers after the jump.

But who's he diddling? Oh, right, the employees.

• Ad Age's Media Mavens: A remarkably diverse group. [copyranter]
  

• Is Rupert Murdoch losing it? Surprisingly, a rival paper thinks yes. [Telegraph U.K.]