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Playboy artwork sells at New York auction

From the BBC | A Dali watercolour of a reclining nude that once hung in Playboy founder Hugh Hefner’s bedroom has fetched $266,500 at a New York auction. The nude, featured in a 1967 issues of Playboy and not expected to get more $150,000, was among 125 artworks owned by the magazine to go under the hammer at Christie’s.

Wednesday’s sale included 80 photos and 24 cartoons, a fraction of the magazine’s archives stored in a warehouse in Chicago. Get the full story>>

Robert Feder moves to Time Out Chicago

Former Chicago Sun-Times columnist Robert Feder, who spent a year blogging for Chicago Public Media before quitting last month, is moving his media commentary to Time Out Chicago magazine’s Web site, effective Jan. 3.

Analysts: LCD TV sales to fall for first time

Shipments of LCD flat-panel TVs will fall this year from the year before, the first such decline since the popularity of such TVs took off in 2006, according to a research firm. Get the full story »

FCC exploring role in TV programming disputes

Federal regulators will explore whether they can do more to protect consumers from losing their television signals because of disputes over the fees that subscription-video providers pay broadcasters for their programming. Get the full story »

Blockbuster kiosks to test early rentals for $2.99

The company that runs Blockbuster Express kiosks is testing whether people will pay more to rent DVDs and Blu-ray discs of new movies 28 days before they are available from other vending machines. Get the full story »

‘Operation Oprah’ storms Sydney

Oprah Winfrey’s visit to Sydney — or “Operation Oprah,” as they’re calling it — sounds a bit like a bio-hazard, rather than a visiting TV show from Chicago. But maybe that’s because of the way Australia’s Ten News correspondent reports it.

There is to be a maritime exclusion zone, a no-fly zone, road closures and re-routed public transport in the “operational footprint.”

Oprah’s new network searches for subscriber fees

The Oprah Winfrey cable network, set to launch in a few weeks, is still trying to line-up subscriber fees from cable and satellite operators, David Zaslav, chief executive of the network’s part-owner Discovery Communications Inc., said Monday.

The new network — which is a 50-50 joint venture between Discovery and Winfrey, is set to replace Discovery Health network in about 80 million homes on Jan 1. Discovery Health, which is not widely watched, receives no per-household subscription fee in the “majority of cases,” said Zaslav during remarks at the UBS Global Media and Communications conference in Manhattan. Get the full story »

Tribune creditors to vote on 4 reorganization plans

The judge in Tribune Co.’s contentious bankruptcy case signaled his approval Monday to send four competing restructuring plans out for vote by the Chicago-based media company’s creditors.

If he issues the formal order by Wednesday, which will mark the two-year anniversary of the case, solicitation packages containing disclosure documents explaining the four plans will likely be mailed on Dec. 22, said a Tribune Co. lawyer.

Creditors will then have until Jan. 28 to cast their votes and the judge will use those results to gauge support for the various plans ahead of a five-day confirmation hearing set for early March. Get the full story »

Ackman would finance bid for Barnes & Noble

Hedge fund manager William Ackman is raising his wager on bookseller Borders Group Inc, offering to help it buy larger rival Barnes & Noble Inc for $963.7 million. Get the full story »

Consumer Reports rates AT&T worst carrier

AT&T’s customer satisfaction rating tumbled this year, ranking dead last among U.S. wireless carriers, according to a Consumer Reports survey released on Monday.

The nation’s second largest wireless network received the worst possible rating in eight of the nine categories the magazine studied, including overall value, voice service, data service, phone service, staff knowledge, and resolution of issues, among others. Get the full story »

Oprah picks Dickens novels for Book Club

Talk queen Oprah Winfrey will announce her latest book selection on her show today, and her choice, according to the Orlando Sentinel, is actually two books: “A Tale of Two Cities” and “Great Expectations” by Charles Dickens.

In September, Winfrey chose Jonathan Franzen’s book “Freedom” as the first selection for the 25th and final season of her talk show. She announced that month that despite rumors, her famed book club would continue. “I will have book selections coming all season long and when I move over to OWN, my new network, the book club is coming with me,” she told her audience.

Get the full story »

No new shows slated for Oprah’s Chicago studios

From Crain’s Chicago Business | After “The Oprah Winfrey Show” finishes taping its last season in May, the two studios at Winfrey’s Chicago-based Harpo Inc. may simply go dark while programs for her new OWN cable network are being filmed in Los Angeles and New York.

Currently, executives say behind-the-scenes production work will keep Harpo’s 400 Chicago-based workers busy and have hinted that a new program may eventually take place in Chicago. But early contenders, shows featuring Dr. Oz and designer Nate Berkus, are being filmed in New York. Get the full story>>

Facebook lauches new profile pages

Facebook Inc. on Sunday unveiled a profile page redesign that lets users share more details, display photos and highlight friends if they want — tidbits the social network said are like “conversation starters” that will let people tell their story and learn more about friends.

The redesign is the latest effort by Facebook to consolidate its grip on the social-networking arena, aiming for its Web address to become people’s default destination on the Internet. The Palo Alto, Calif., company’s website, which lets users share messages, photos and other information with their friends, topped 500 million users earlier this year and has become a Silicon Valley heavyweight. Get the full story »

Fed’s Bernanke did not rule out more bond buys

Federal Reserve Chairman Ben Bernanke did not rule out further purchases of Treasury bonds beyond the $600 billion program announced last month, CBS television reported Bernanke as saying in an interview on the show “60 Minutes”. Get the full story »

‘Super Bowl Shuffle’ owner sues Viacom

"The Super Bowl Shuffle" by the Chicago Bears Shufflin' Crew in 1985. Left to right: Mike Richardson (27), Gary Fencik (45), Willie Gault (83), William Perry (72), Walter Payton (34), Richard Dent (95), Jim McMahon (9), Otis Wilson (55), Steve Fuller (4), Mike Singletary (50). (Tribune file photo)

The owner of a beloved ditty by the 1985 Chicago Bears is preparing to shuffle on down to federal court to take on a media conglomerate.

“Super Bowl Shuffle” owner Julia Meyer filed a lawsuit in Chicago this week alleging Viacom used the video on MTV and VH1 without permission. Get the full story »