Jann Wenner Shopping ‘Us Weekly’ to Condé Nast for $750 Million

Jann Wenner
Photo: Getty Images

MEDIA

• Charlie Rose was wrong when he asked Jann Wenner if he's contemplating selling Rolling Stone to Condé Nast. What the TV host meant to ask was if Wenner is trying to flip Us Weekly to the brass at 4 Times Square. [NYP]

• Bonnie Fuller has created a company called Bonnie Fuller Media, a start-up focused on digital media that will be a mix of gossip, fashion, and romance. "I like the idea of blue sky," Fuller says about starting over. "It will be fun to make something brand new." [ href="http://www.nytimes.com/2008/06/29/business/media/29bonnie.html?_r=1&adxnnl=1&ref=business&pagewanted=1&adxnnlx=1214774890-F3Oov1SHpTd2JIDv6nFjkQ">NYT]

• Only in America: Buzz Bissinger has gotten job offers since his Costas Now meltdown. [Deadspin]

FINANCE
• Rumors were swirling that UBS was going to sell off the Paine Webber division of its firm, but the bank says that no major parts of its business are on the chopping block. [MarketWatch]
• A Chinese hedge-fund manager is picking up the tab for a meal with Warren Buffett — to the tune of $2 million. Zhao Danyang bought the dinner as part of a charity auction for Glide, a San Francisco nonprofit. [NYT]
• Was Bear Stearns murdered? [VF]

REAL ESTATE
• Wait! What's this we hear? The Manhattan rental market is cooling and landlords are actually offering … incentives? [NYT]
• Mayor Bloomberg's next mission is overhauling senior centers around the city, which he feels are outdated and inefficient. [NYT]
• The Dakota versus 15 Central Park West. [NYT]

LAW
• Sullivan & Cromwell junior associate Brian Frye's work was cited in Justice Scalia's Heller opinion. [Law Blog/WSJ]
• Break bread with the president of Pakistan's Supreme Court Bar Association, who is visiting the Big Apple this week. [NYC Bar]
U.S. News and World Report is considering revamping its law-school ranking methods. [Above the Law]