• The New York Times is gearing up to cut another two dozen positions at the newspaper, but that's fewer than NYT execs were anticipating. [NYP]
• Cancellations: MTV has pulled the plug on Alexa Chung's daytime show; and HBO's Flight of the Conchords is finished after two seasons. [THR, Variety]
• Diane Sawyer and Chris Cuomo bid goodbye to GMA this morning. [ABC]
• NBC Universal chief Jeff Zucker, who will remain in charge of NBC after Comcast takes control, has been signed up to a new three-year contract. [THR]
• Ex-Daily News editor Debby Krenek is Newsday's new editor-in-chief. [E&P]
• Stodgy Harvard Business Review is getting a sexy makeover! [NYT]
• Grim stat du jour: 367 magazines were shuttered in 2009. [Crain's]
• More on Dave Zinczenko, the laziest magazine editor alive. [Gawker, DF]