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May 19 2008 9:07AM EDT

Idle Chatter: 'WaPo' Succession, News Corp., more

-His denial notwithstanding, Washington Post executive editor Len Downie will step down in the next eight months, says the Times, because publisher Katherine Weymouth wants him to. [NYT]

-News Corp. is starting an ad network for financial news sites, with The Wall Street Journal, Marketwatch and Barron's making up the core. [Reuters]

-PBS's NewsHour is in a bad way, financially. [NYT]

-BlackBook's editor in chief, Steve Garbarino, is leaving to join Maxim. Its publisher, Joe Landry, left last week. [NYP]

-Will Amazon's Kindle rescue the endangered American attention span? [WSJ]


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