Communications-School Graduates Receiving Grim Messages

Basically, at Syracuse and Berkeley, they're being told they'll have to work for free.

Oprah Tweeted, and the World’s Largest Newsprint Maker Filed for Bankruptcy

The day in media news.

Hachette Can No Longer Afford to Keep Boating Afloat

So they're shipping it off before it sinks. (Sorry.) And more, in today's media news.

Profits at the Washington Post Are Down 77 Percent

And more grim news from the struggling media industry.

Media Wins Some Battles Against Death

It's a good day in the world of words.

Hearst, Food Network Birth Fat Magazine

Designed around a cavalcade of Food Network stars, Hearst is hedging by including Bobby Flay, Guy Fieri, AND Paula Deen in the same publication.

They Waterboarded Christopher Hitchens

Finally, right? Plus, David Brooks thinks Goldman Sachs may be on the cusp of a coup, and the "summer of legal vindication" kicks off in our hump-day roundup of media, finance, law, and real-estate news.

Now What’s All This About a Secret Lohan Sister?

The 'Post' and 'Daily News' explain all. Plus, gossip about Barack and Michelle Obama, Madonna, and Kirsten Dunst in our daily column roundup.

‘Martha Wanted to Wash and Blow-dry the Chickens’

Martha disrupts plans to make her seem like less of a perfectionist, Bear Stearns CEO Jimmy Cayne may face arrest (he'd better hide his stash!), and the FBI is slapping anyone who's ever said the word "mortgage" with criminal charges, in our daily roundup of media, finance, real-estate and law news.

Hearst Corp. CEO Victor Ganzi Is Out

The abrupt departure leaves former CEO Frank Bennack Jr. in charge.

Print Organizations Band Together, But Who Will Remain on the Island?

S.J.P. and M.B. Have a Spat on the C/E

Is the Hearst Tower Really That Ugly? Actually, Yes.

Sneaking Into Steve Brill's House, and Doing Shots With the ‘Daily News’