According to SEC paperwork filed by Fusion’s parent company Univision, investing millions of dollars in a TV network nobody watches and a website nobody reads is bad business.

Last year, the City University of New York hired Princeton professor and New York Times columnist Paul Krugman to study income inequality and other economic topics at the Luxembourg Income Study Center. The financially beleaguered university system, which is publicly funded, somehow found a way to pay Krugman $225,000 per year.

As soon as the Supreme Court’s decision to legalize gay marriage was made public on Friday, the New York Times published a strange celebration of that ruling by Frank Bruni, the paper’s only gay columnist (and second-worst one). This is a good thing for Bruni, but a bad thing for anyone looking for an enlightening perspective on the news.

This afternoon, CNN media reporter and Reliable Sources host Brian Stelter tweeted and quickly deleted the phrase “Ugh wolf is the worst,” according to a tipster who provided us with the above screenshot. To whom might Stelter have been referring? Maybe Law and Order producer Dick Wolf? Perhaps he was complaining about the book Wolf Hall? Or could it be that he was talking smack about his esteemed colleague Wolf Blitzer?

Alexandra Staley, perhaps the most-wrong reporter in the New York Times’ rich, cosplay-filled history, is moving back to beat reporting from movie criticism, per a memo from editor-in-chief Dean Bacquet.

Circa, a news app, will cease publishing circa now, according to a post from its co-founder Matt Galligan on Medium titled “Farewell to Circa News.”

Conservative pundit and Weekly Standard editor-in-chief Bill Kristol has some thoughts about recent efforts to remove the Confederate flag from the grounds of South Carolina’s State House in Charleston (and other places). As you can see below, Kristol’s thoughts are truly remarkable:

On Saturday, the New York Times published an article about Charleston shooter Dylan Roof’s newly discovered manifesto and cache of selfies. It would have been a pretty straightforward news story had the Times not been fooled by a teen into reporting that Roof was a diehard fan of My Little Pony and was obsessed with 9/11 memes.

When low-budget YouTube star turned bad Fox News media critic Howie Kurtz turned in his latest wordblob about the Charleston massacre, it looks like not even his employer wanted to read it before hitting the publish button.

The website .Mic snapped up a casual $17 million in funding this week to better inform millennials of Things That Sum Up Everything About Something and it seems like founders Jake Horowitz and Christopher Altchek are pretty happy. Pretty unhappy, however, are the website’s employees, who say morale is worse than ever.

Yesterday, NBC News announced the permanent demotion of disgraced Nightly News anchor Brian Williams, who will serve as breaking news manager for MSNBC. Network executives came to this decision after an internal investigation turned up “a number of inaccurate statements” made by Williams “about his own role and experiences.” However, as Michael Calderone at The Huffington Post notes, “NBC opted against transparency and declined to make public its findings.”

This is, uh, an unfortunate juxtaposition from the Charleston Post and Courier, which has an ad for a local gun store slapped over its name and on top of its leading story about the Emanuel AME Church massacre.

This afternoon, Rolling Stone—along with fellow Wenner Media properties Us Weekly and Men’s Journal*—laid off several employees, including longtime editor and critic David Fricke, who has been the magazine’s most recognizable writer for several decades.

We’ve learned that nobody reads or watches Fusion, but as the legend goes, Felix Salmon’s dream journal still harbors a plan to get rich by making people, via their cable companies, pay for its television network. It sounds like a fine enough scheme as any in our current media wasteland, but they better get moving on it before television watchers are able to reject the channel outright.

Yesterday, the New York Times published an article about a deadly balcony collapse in Berkeley that killed six college students from Ireland who had been partying on the structure. The victims had come to California on the J1 work-visa program—which, the Times noted in the second paragraph of the article, has become “a source of embarrassment for Ireland, marked by a series of high-profile episodes involving drunken partying and the wrecking of apartments in places like San Francisco and Santa Barbara.”

Janine Gibson, a former editor at the Guardian and one-time pawn in the New York Times’ rite of bloodless succession, will be the editor of BuzzFeedUK, the Times reports.

Today the New York Times published a big profile of Gawker Media boss Nick Denton and his company’s future. The piece opens, appropriately enough, with Denton smoking weed, as he is known to do:

CNBC is reporting that 21st Century Fox C.E.O. Rupert Murdoch is planning to transfer his title to his 42-year-old son James:

Today the Washington Post published a lengthy and (mostly) flattering profile of Benny Johnson, the serial plagiarist who was fired from BuzzFeed last summer and now peddles viral conservative content at Independent Journal Review. “D.C. has always been the city of second chances, now it just moves at meme speed,” reporter Ben Terris writes. “And no one can ride a meme like Benny Johnson.”

Today, Noisey UK—the randy brother of Vice’s music channel Noisey—posted a review of a British music festival written in text message by the musician GFOTY, who is one of the more minor members of the pop-parody crew PC Music. If you read the post now you will notice blocks of redacted text; if you had read it earlier this morning, you would have seen GFOTY making a rather awful racist joke.