Former Nightline host Ted Koppel is parting ways with the Discovery Channel, six months before his contract ends. The decision is fueling speculation that he will become the next permanent host of Meet the Press. Yet while the Los Angeles Times reports that NBC will soon select a replacement for the late Tim Russert, Variety notes that Koppel is considered a longshot for the job.
Also in the media glare:
Bauer Publications cuts the staff of Life & Style.
The Huffington Post raises $15 million from investors.
MTV announces it will throw its own inaugural ball for President Elect Barack Obama.
OK! magazine misspells Ashlee Simpson's name on its cover.
Alan Colmes will quit working as Sean Hannity's punching bag at the end of the year; Hannity will host solo.