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Idle Chatter Armstrong To Aol Sirius Excuse More

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by Jeff Bercovici
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Mar 13 2009 8:57am EDT

Idle Chatter: Armstrong to AOL, Sirius Excuse, more

-AOL has ousted its top two executives, chairman/CEO Randy Falco and COO Ron Grant, and replaced them with Google's Tim Armstrong. Is Armstrong the genius AOL needs to fix its many problems, or has he just "lost his marbles"? [Wired Epicenter]

-Jim Kelly is done being "the sheriff of standards and practices." The former Time managing editor is stepping down from his current post as managing editor of Time Inc. [NYP]

-Mel Karmazin blames Sirius XM's weak fourth-quarter subscriber growth on those timid customers, who were so shaken by reports of the company's imminent (though ultimately averted) bankruptcy that they held off on signing up. [WSJ]

-The bloodletting that was predicted at News Corp. after Peter Chernin aired plans to leave is now underway: Peter Liguori, the Fox network's head of entertainment, is out, replaced by Peter Rice, formerly head of Fox Searchlight Pictures. [NYT]

-Jimmy Fallon had a pretty good first week as host of Late Night, ratings-wise. [Variety]. □

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