• The urban/music magazine Vibe is shutting down. [Daily Finance]
• Media coverage of Michael Jackson's death is now "receding." Not that there was any other place for it to go but down: A report finds that 93% of the coverage on cable late last week was Jackson-related. [AP, Journalism.org]
• Or maybe not. Katie Couric anchors a big Jacko special on CBS tonight. [NYO]
• Fired Fox News columnist Roger Friedman has filed a wrongful termination lawsuit in New York State Supreme Court against Fox News, News Corp, 20th Century Fox and Rupert Murdoch. He'd like $5.2 million, please. [HuffPo]

Gannett, America's largest newspaper publisher, has already written down the value of its papers by almost $6 billion and instituted mandatory furloughs this year. But it could get worse—are thousands of layoffs coming next week?

Well you knew this was coming after the LA Times got scooped in their own backyard—An article went up yesterday on their website wondering, "How would we have reacted if TMZ had been wrong about Michael Jackson's death?"

The absurd follies at OK! Magazine, British publisher Richard Desmond's cash-hemorrhaging tabloid weekly, never seem to end. This week they're tossing a desperate "Hail Mary" by paying huge to plaster an image of a dying Michael Jackson on their cover.

Shepard Smith knows that if there is a helicopter filming a car chase somewhere in the US, it is his responsibility as a journalist to immediately go live to that car chase, and narrate it, excitedly.

Opium Magazine is running "The Longest Story Ever Told": it's printed on the cover, then printed over in black ink, which will fade over the course of 1,000 years to reveal the nine-word-long story. We already guessed it:

In a historic first, it seems the National Enquirer's headline from January proclaiming that Michael Jackson had "six months to live" turned out to be spot on. Not that any of us should be that surprised. "When you constantly make things up, you're bound to get something right. Right?" [Buzzfeed]

In your sad Monday media column: the New York Times will limp along a little longer, Iran locks up journalists while they're engrossed in Twitter, Tim Rutten is predictable, and the television industry loses a couple billion, no biggie.

Only last week, the socialist press was fawning over Obama's healthcare plan and Brian Williams was sleeping in Obama's bed. But now the backlash is winding up, and people are starting to notice that Barack Obama plays golf.

Salon's Cary Tennis is a clinically insane advice columnist. Lately he's been hearing from recent graduates whining about the job market (Remember the Harvard grad who couldn't hold a fast-food gig?) Today it's an ice cream-slingling J-school grad.

Monolithic agency CAA is in all kinds of cookie jars, taking percentages of all kinds of famous cookies' salaries. But did you know about their market research firm...that's crowdsourcing answers on Michael Jackson's death the night after it happened?

New pieces about the final days of Michael Jackson are flooding the news, along with tributes, memorials, debates on the nature of the conversation about him, etc. If there's one article you have to read on it, however, it's this:

So: Bret Easton Ellis is on the cover of expensive Amsterdam-based magazine Fantastic Man, drinking a Diet Coke. In it, he calls the soul-sucking experience that is The Hills "the greatest show that I have ever seen in my life."

Another iconic cover: Time's special edition issue to commiserate the death of Michael Jackson arrives Monday. They lined up an absurd amount of tributes; the last time Time published a "special" edition between issues was right after 9/11. [Chartini]

Like every other print magazine in the world, Interview continues to have problems.

Wait, this can't be right.

Today was Dan Froomkin's last day with the Washington Post, who canned him despite his being generally one of the better things about that paper. And why did they can him? There are theories!

In your overwhelmed Friday media column: Iran just arrests everyone, for reporting, Conde Nast's September prayers will not be answered, a new chairman at the FCC, and the Mark Sanford source remains at large.

Aw. Non-MJ-mourner and celebrity Twitterer Ana Marie Cox will not host The Rachel Maddow Show tonight, because MSNBC is devoting all its primetime programming to the still-classified 2004 CIA report into interrogations and detentions. Ha ha, just kidding.

• Both NBC and ABC plan to pre-empt regular programming this evening to air specials devoted to coverage of the Jackson story. E!, MTV, and CNN (among others) have specials airing over the next few days, too. [NYT, THR]
• Time is publishing a special Jackson "commemorative edition" on Monday. For its part, Rolling Stone has a "bookazine" in the works. [NYT, NYT]
• How newspapers around the world covered the Jackson news. [Guardian]
• And how the Jackson story kind of broke the Internet. [ABC News]