Cumulus Media will most probably drop conservative radio talent Rush Limbaugh and Sean Hannity from its stations at the end of the year, according to a source cited by Dylan Byers. Such a step "would remove the two most highly rated conservative talk personalities from more than 40 Cumulus channels in major markets," resulting in "a major shakeup for the radio industry."

The proposed Publicis-Omnicom deal will unseat WPP CEO Sir Martin Sorrell, "the reigning king of adland," as his agency becomes no. 2 in size, writes two Bloomberg reporters. So while Sorrell's public response included some praise ("It's an extremely bold, brave and surprising move,") he was also careful to raise doubts about how effective the new agency would be, noting that the co-CEO structure is "a formula that rarely works well," and that the merger itself appeared to be "off-strategy" for Publicis CEO Meurice Levy, writes Reuters' Kate Holton. "Sorrell is one of the ad industry’s biggest …

Hearst has tapped current editorial director of Atlanta Homes & Lifestyles, Clinton Smith, to become the editor in chief of bimonthly shelter book Veranda this fall, taking over for Dara Caponigro, who announced her departure earlier this year.

Conde Nast just debuted its Teen Vogue video channel, whose five original series (with a sixth to come soon) include "My Room Makeover" and "Besties," which will allow viewers to "follow a celebrity and her best friend as they hang out just like 'normal' teens." That makes six video channels geared to Conde Nast properties like Vanity Fair and Glamour launched so far this year, with two more set to go by the end of 2013: Epicurious and Style.com

Clear Channel has struck another rdeal with an independent record label: Innovative Leisure, home to Nick Waterhouse and others, will "share in revenues from AM/FM airplay as well as online streaming via iHeartRadio," writes Reggie Ugwu. "The deal essentially grants the label a sound recording performance royalty for both terrestrial and digital radio, a privilege only recently enjoyed by record labels in the U.S."

Jason Sudeikis' announcement this week that he would be leaving "Saturday Night Live" has created a "casting crisis" for the show's long-time producer, Lorne Michaels, writes Tony Maglio. With the recent exodus of Fred Armisen and Bill Hader from the cast, and last year's departure of "fan favorites" Kristen Wiig and Andy Samberg, name-brand talent is in short supply. "But 'SNL' has been here before," according to Maglio. "The upcoming 2013-2014 season will not be the first time the long-running sketch comedy series has been forced to prop up its B-team and go headhunting on the fly."This reminded …

Bad news for magazines: "Door-to-door service and Saturday mail delivery, long hallmarks of the U.S. Postal Service, are a step closer to being phased out," writes Gary Strauss. "The House Oversight and Government Reform Committee Wednesday approved a measure that would end door-to-door delivery to 37 million residences and businesses and Saturday mail service to more than 150 million homes and businesses."

In Nashville, one publisher was trying to keep local print journalism alive by splitting its content into three separate newspapers, writes Erik Wemple. One paper covered arts and entertainment, another business, and yet another news and sports. The latter, a free weekly called the Nashville City Paper, is now shutting down after 13 years, a victim of what the publisher called too much ad revenue going to digital news sources.  Wemple draws an analogy to the Washington Examiner’s scuttling of its local news coverage in June.  On the other hand, the Washington City Paper, sister to its Nashville namesake, is …

McGraw-Hill, former owner of Business Week, continues to shed its “non-core” magazine properties with the sale of another long-held title, Aviation Week, to Penton. McGraw-Hill is now concentrating on financial services.  

Time Warner Cable won’t pull CBS-owned stations in 13 markets off its systems until at least Monday under an extended negotiations deadline, but cable viewers of the CBS affiliate in Omaha, Neb., weren’t so lucky.  That station, along with NBC affiliates in Milwaukee, Wisc., Green Bay, Wisc., and Palm Springs, Calif, were dropped by Time Warner early Thursday morning as a result of a separate retransmission feed dispute with the stations’ owner, Journal Broadcast Group.