So much for the truce between MSNBC and Fox. Since news of a cease fire (or at least a ratcheting down of the rhetoric) appeared in the pages of the New York Times twelve days ago, whatever fragile peace the two networks negotiated has dissolved into the usual volley of insults. Bill O'Reilly is once again the worst person in the world, according to Keith Olbermann. And MSNBC's parent company, GE, is once again responsible for supporting terrorist regimes that are hell-bent on America's destruction, according to O'Reilly. Few at MSNBC and Fox News are happy the deal has unraveled—and both sides have said they're hoping to salvage it, an unlikely prospect at this point—although some of the most annoyed people around are the NBC staffers who are getting increasingly fed up with Olbermann's antics.

• The New York Times Co. is now publicly shopping the Boston Globe. Meanwhile, the list of potential acquirers is getting longer: The firm that bought the San Diego Union-Tribune is now a possible buyer. [AP, NYT]
• Related: The Globe is going to start charging to access its Web site. [E&P]
• News Corp. and GE were hoping to "ratchet down the rhetoric" when they ironed out a peace pact between MSNBC and Fox News recently. Keith Olbermann didn't abide by it, of course. (And Bill O'Reilly returned the compliment.) But Olbermann is still pretending it never happened. [WP, HP]
• It seems one embarrassment this week wasn't quite enough for Olbermann. Because he's resorting to shameless (and familiar) excuses to try and explain away the Richard Wolffe conflict-of-interest fiasco. [Gawker]
• Profits at CBS dropped by 96 percent in the second quarter. [WSJ]
• Why did Twitter go down yesterday? Blame the Russians. [NYT]

• News Corp. posted a hefty loss for the most recent quarter, reporting that profits were down by 30 percent, although things would have been worse if weren't for Roger Ailes's cash machine, Fox News. In related news, Rupert Murdoch seems to think he can get people to pay for content on the Internet and plans to give it a shot over the next year. [NYT, BN, NYT, Guardian]
• Not to be outdone by Keith Olbermann's anti-Fox News rant on Monday night, Bill O'Reilly took aim at NBC's parent company, GE, on his show last night. This truce thing sure is working out beautifully, isn't it? [Gawker]
• Time Inc. is shutting down Southern Accents, a luxury lifestyle title. [NYP]
• Twitter was crippled by a big denial-of-service attack today, which you know full well if you happened to try and log into Twitter today. [CNET]
• If you don't watch Charlie Rose's self-indulgent talk show on PBS, now you can not watch it on Bloomberg TV, too. How convenient. [NYT]
• The Post's Page Six may be hiring Emily Smith, formerly Britain's Sun and Life & Style, to replace the recently-departed Paula Froelich. [Gawker]

Rupert Murdoch announced plans yesterday to charge for online access to all of News Corp's media properties. Coincidentally, the company posted a $203 million loss for its fourth quarter, down from a profit of $1.1 billion from the same period last year.

• Keith Olbermann took Times reporter Brian Stelter to task last night for reporting that News Corp. and GE had worked out a deal to tone down the rhetoric between MSNBC and Fox News. But he didn't disagree with everything Stelter reported. Conveniently, only the bad stuff about him was wrong. [NYM]
• More bad news for Olbermann: MSNBC now admits it made a mistake by not disclosing that Countdown fixture Richard Wolffe is a paid lobbyist. Naturally, Olbermann had absolutely no idea about any of this. [Politico, Salon]
• Condé Nast is shedding more staff. This time around it appears the media giant's receptionists will be paying the ultimate price. [Gawker, NYM]
• Reps for Bruce Wasserstein met with BusinessWeek execs yesterday to discuss a bid for the magazine. Joe Mansueto, the founder of Morningstar and owner of Fast Company, may be a potential bidder as well. [BW]

Salon columnist Glenn Greenwald posted a scathing column about the armistice between GE and News Corp meant to end Bill O'Reilly and Keith Olbermann's fueding. It's a chilling read, and brings in a tangentially related player: Richard Wolffe.

• Détente? The feuding between Fox News and MSNBC has grown so fierce that News Corp.'s Rupert Murdoch and GE's Jeff Immelt met up recently "to figure out how to defuse tensions between the two channels." [LAT]
• The Boston Globe reports that two groups of investors have submitted preliminary bids to buy the newspaper from the New York Times Co. [AP]
• Breathe easy: Oprah has not been harmed. The suspicious package outside Winfrey's Harpo Studios this morning turned out to be harmless. [AP]
• All that idiocy on Lou Dobbs' part over the past couple of weeks hasn't done much to boost his ratings on CNN. His numbers continue to fall. [NYO]
• Those McKinsey consultants are paying off! Editors at Condé Nast were told yesterday they'll no longer be reimbursed for newspapers. [Daily Intel]

• How's the New York Times Co. planning to lift itself out of the financial mess it's been in? Times Co. chief Janet Robinson says more cuts are on the way and the company is planning to sell off more assets. Also, there's some sort of paid membership model in the works, apparently. [WSJ, Gawker]
• Related: The paper says it will sell its stake in the Red Sox by January. [BG]
• What you missed at Walter Cronkite's funeral yesterday. [NYT, WaPo]
• Best-selling author E. Lynn Harris has died. He was 54. [NYT]
• More magazine is teaming up with Candace Bushnell on a new Web series starring 90210's Jennie Garth and Talia Balsam from Mad Men. [MW]
• After a ten-year run, today is Paula Froelich's last day at Page Six. [NYM]

In your drenched Tuesday media column: Rupert Murdoch's son is directly implicated in the News Corp. UK phone-hacking scandal, the WSJ tells you how to get rich on NYT Co. bonds, The Wanted is unwanted, and more.

• Janice Min isn't renewing her contract as editor-in-chief of Jann Wenner's Us Weekly. Her No. 2, Michael Steele, will become acting editor in chief. [NYT]
• Condé Nast announced yesterday that it had retained the management consulting firm McKinsey to "develop new perspectives." They sure have their work cut out for them. Condé revealed today that its monthly mags witnessed a 37 percent drop in advertising in September. [Gawker, AdAge, NYO]
• More pain at Condé may be on the way: "Significant cost cuts, including more layoffs and the closing of more magazines" are coming, says Keith Kelly. [NYP]
• Yet more Condé news: The company is closing down Men.Style.com so it can focus on the soon-to-be relaunched websites of GQ and Details. [AdAge]
• The Boston Globe's largest union voted yesterday to approve the new contract that had been proposed by the New York Times Co. [NYT, E&P]
• This can't be a good sign about the state of affairs at CNN: Time Warner Cable is moving it from channel 10 to 78 and replacing it with FX. [MCN]

Dow Jones CEO Les Hinton was asked last week by England's House of Commons to testify about the rampant wiretapping that he allegedly oversaw when running Rupert Murdoch's British newspapers. He's not going to show.

Scotland Yard now says that it will not investigate allegations published in The Guardian that Rupert Murdoch's UK tabloids illegally hacked into the cellphones of public figures. Boo! However: the victims may sue. You'll be amazed who one victim was!

The wiretapping scandal rocking Rupert Murdoch's British newspaper holdings is getting bad enough that Rupert is ducking questions from his own Fox Business reporters. It could also reach across the pond to his beloved acquisition, the Wall Street Journal.

• More data about the Biggest Television Event Ever™: Some 31 million people tuned into the Jackson memorial on TV, and video sites report that they delivered more than 10 million live streams on Tuesday. [THR, VB]
• One TV person not pleased with all the Jackson coverage: Conan O'Brien, whose new Tonight Show has seen ratings drop as a result. [NYT]
• News Corp. has paid more than $1.6 million to settle court cases involving reporters in Britain who hacked into public figures' cell phones. [Guardian]
• Is Liberty Media going to bail out Harvey Weinstein? Let's hope so. [NYP]
• None of the major media companies appear keen on buying Twitter. [LAT]
• Comedy Central has ordered up a sitcom starring Napoleon Dynamite's Jon Heder, which will be produced by Will Ferrell and Adam McKay. [B&C]
• The title of Michael Moore's new movie: Capitalism: A Love Story. [NYDN]

British authorities are launching an investigation into allegations that Rupert Murdoch's UK newspapers paid more than $1.5 million in hush money to try to cover up the fact that they were illegally hacking into cell phones in pursuit of stories.

• The New York Blade, one of the two big gay and lesbian newspapers in New York City, has suspended publication and laid off most of its staff. [NYT]
• How many books can you possibly read about Bernie Madoff? Who knows, but there at least four books about him scheduled to hit stores this fall. [Crains]
• David Rohde, the New York Times reporter who was kidnapped in Afghanistan with his translator in November and released a couple of weeks ago, returned to the Times newsroom to a standing ovation yesterday. [NYT]
• James Frey's young adult novel has been sold to HarperCollins. [NYT]
• Wonkette editor Ken Layne has sold a book to HarperCollins, too. [NYO]
• The battle between CNBC's Dennis Kneale and bloggers goes on. [Dealbreaker]

We've got a copy of Roger Friedman's $5 million complaint against News Corp. and Rupert Murdoch. When you sue someone for breach of contract, aren't you supposed to actually quote from the contract? Just asking!

• 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]

• Despite unkindly reviews from most critics, the Transformers sequel racked up $112 million at the box office over the weekend, bringing its five-day gross to more than $200 million. [THR]
• Don't worry too much about the New York Times going under. AdAge reports the paper should be in business until at least 2011. [AdAge]
• Viacom is not going to buy MySpace from News Corp., alas. [Reuters]
• NBC Universal chief Jeff Zucker is so concerned about the situation at the company's film division, he's sending his CFO to LA to crack skulls. [NYP]
• More bad news for the TV biz: According to a new report, the industry faces a $2 billion ad slump over the next four years. [FT]
• Not only did the New York Times keep news of reporter David Rohde's kidnapping a secret, the paper kept it off of Wikipedia, too. [NYT]
• MSNBC's is hoping broadcasting in HD boosts ratings. [B&C]
• Kate Gosselin's next book has been postponed; you can guess why. [NYP]
• VH1 has two new hip-hop-themed reality shows in the works. [THR]