• Nielsen has concluded a deal to sell handful of trade titles like The Hollywood Reporter and Billboard to a consortium of investors that includes Jimmy Finkelstein and Guggenheim Partners. Rupert Murdoch's son Lachlan was once part of the investor group, but ended up dropping out. [AdWeek, NYP, LAT]
• Nielsen also said today that it's shuttering two titles: Editor & Publisher, which dates back to 1884, and book pub Kirkus Reviews. [E&P, NYT]
• AOL and Time Warner are officially separate companies now. [WSJ, AP]
• George Stephanopoulos starts his new job of GMA anchor on Monday. [LAT]
• The controversy over MTV's latest series, Jersey Shore, rages on. [THR]
• Hollywood PR powerhouse PMK/HBH has pretty much imploded. [Wrap]
• The 30 worst women's magazine covers of the aughts. [Buzzfeed]
• The city's laziest magazine editor: Dave Zinczenko of Men's Health. [Gawker]

• JPMorgan Chase, American Express and Morgan Stanley all announced plans to raise fresh capital today, so they're prepared to repay the taxpayer money they've received as soon as Washington gives them the go-ahead. [WSJ, BN]
• Related: The Federal Reserve says next week it will announce an initial set of banks that have been approved to exit the bailout program. [NYT]
• Citigroup has stopped paying out massive severance payouts to a handful of execs who recently left the company. Is it legal? Not really, but they're betting that it would be too embarrassing for them "to file lawsuits against the struggling, taxpayer-backed company seeking the money." [WSJ]
• Ex-Bear Stearns chief Alan Schwartz is joining Guggenheim Partners. [WSJ]
• After a good day on Monday, stocks are taking a breather today. [NYT]
• GM says it has a deal to sell Hummer, but won't disclose the buyer. If you were buying Hummer, would you want your name publicized? [WSJ]