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Dec 3 2008 5:02PM EST

Late Breaks: Eliot Spitzer's New Side Project

-The Financial Times has joined the parade of newspapers freezing hiring and asking employees to take buyouts. [Reuters]

-Time Out's investors are putting the title's New York edition up for sale, hoping to fetch $40 million for it. And, really, what better time to unload a print magazine? [Times]

-Niche Media, publisher of Gotham and other society-porn glossies, is shutting down Atlanta Peach, its title based in, yes, Atlanta. [AJC]

-Eliot Spitzer, who is known for his strong work as New York's attorney general and uneventful term as the state's governor, is writing a column for Slate. Seriously, people, grow up. [Media Mob]

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