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Feb 6 2008 6:25PM EST

Late Breaks: Jeff Bewkes, Shep Smith, Jon Stewart

-Time Warner chief Jeff Bewkes told investors today that he may spin off AOL's internet-access operation and Time Warner Cable, shocking anyone who hasn't read any business news since 2006. [Portfolio]

-Watch Shepard Smith get huffy with Naomi Wolf when she makes a snide remark about Fox News on Fox News. [Johnny Dollar's Place, via TV Newser]

-Bauer Publishing is reducing the guaranteed circulation of In Touch and Life & Style. [Mediaweek]

-Remember Obama Girl, the YouTube sensation who had a crush on Obama? She didn't vote for him yesterday. [City Room]

-Jon Stewart has backed out of a commitment to emcee a gala honoring Sumner Redstone tonight. [THR]


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