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Idle Chatter Yahoo Diller Newsweeks Move

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by Jeff Bercovici
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Feb 06 2008 12:00am EDT

Idle Chatter: Yahoo, Diller, 'Newsweek's' move...

-Yahoo is "holding out hope" that it can avoid being acquired by Microsoft, despite a lack of any obvious options that would allow it to avoid that fate. [WSJ]

-A former Dow Jones director has agreed to pay $8.1 million to escape charges that he used his knowledge of the News Corp. takeover to make an insider trade. [NYT]

-Like Vanity Fair's Graydon Carter, Barry Diller is also canceling his Oscar party. [NYO]

-Us Weekly and OK were up on the newsstand in the second half of 2007; People was down. Oh, and by the way, OK has already burned through $85 million of the $100 million in seed money owner Richard Desmond said he would put up for the launch. [NYP]

-Newsweek is eying new offices near Ground Zero, far from its current digs off Columbus Circle. [Media Mob]

-The Wall Street Journal added an extra column to its front page and no one even noticed. [WWD]

-Al Roker is producing a new reality show about shoe mogul Steve Madden. [P6]. □

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