Via Romenesko, bad news for Playboy: Folio reports that the publisher announced first quarter losses of $13.7 million, forcing the company to consider “’radical changes’ to its print business model,” including increasing prices, lowering the rate base, and publishing less…

The Guardian flags this line, from Thursday: “In further proof of why old people should not be allowed to run media conglomerates, media magnate Rupert Murdoch has announced that News Corporation’s newspaper websites will begin charging for access within a year”. The…

A “wannabe rapper tried to rob a Florida convenience store Friday night and shot an employee in the head with a BB gun “in a bid to establish ‘street cred’ for his nascent hip-hop career.”

According to infamous fake-memoir writer and novelist James Frey, he got an apology from Oprah. He also says some other things, and they definitely have the ring of authentic, heartfelt truth.

Tom Hanks delightfully clarifies the state of his electric car ownership, in a letter to the editor of the New Yorker.

You can listen to Further Complications, Jarvis Cocker’s new record, here. Steve Albini produced it! RELATED: I am old and white.

Awl friend (and contributor) suggests that you consider the National Enquirer and its methodologies, in light of, oh, John Edwards, George Steinbrenner, O.J. Simpson, A-Rod, Joe Biden and Vicki Iseman. (Remember that name? If you do, it’s only because of the tabloid Times!)

Did you miss Star Trek this weekend? No matter! NASA is live-streaming the launch of the space shuttle Atlantis on its mission to fix the Hubble telescope, which is apparently held together with paperclips and string. Astronaut Mike Massimino is even Twittering the whole thing! (Most…

Amazing news! Goldman Sachs just settled with the state of Massachusetts, on the claim that Goldman helped create the subprime housing crisis. So, you know, if there are 210,000 Massachusetts mortgages underwater, which the AP said in March, and Goldman…

The Post’s continuing chronicle of the travails at the Times today centers on the Sulzberger family’s declining income from the paper, noting that the once mighty Ochs team “has lost more than 86 percent of its fortune and may have sell their controlling stake to get out of…

Michael Musto asks the important questions. Warning! Contains water sports!

Good news from the future: At some point in the next 30 years, whoever is running the New York Times will have figured out that it’s extremely annoying when you keep pushing your readers to try TimesPeople every time they visit your website.

WHY HASN’T BARACK OBAMA INVITED LISA LESLIE TO PLAY BASKETBALL AT THE WHITE HOUSE? I CALL CONSPIRACY!

Are TV reporters in denial about the troubles their industry is facing, or are they just less self-involved than print media?

“Pentagon officials say five soldiers are dead after a fellow soldier opened fire at a U.S. base in Baghdad.”

Dan Baum is back on the live feed, explaining to Twitter how he got fired from the New Yorker.