Sports team owner/venture capitalist/all-around rich guy Ted Leonsis—who may or may not have been approached to buy The Washington Post before its sale to Jeff Bezos—says that if he did own WaPo, he would hold an intervention “like [you would if] you have a family friend who has a drinking problem or a drug problem.” Mr. Leonsis said: “They have to say ‘we’re not that important anymore and what we’ve been doing hasn’t been working.’ This core model based on print isn’t going to work.” (Politico)

For CNBC, bad ratings and burgling employees. (The New York Post)

Are tablet magazines destined for failure? (Gigaom)

The new computers in FOX (FOXA) News’s newsroom are probably bigger than your NYC apartment. (The Verge)

The New Yorker names Jonathan Shainin Online News Editor (FishbowlNY)