Morning Wire: And now the morning's worthy media news according to us

Katie Couric probably found her sign off afterall After months on the air as the new host of the CBS Evening News, Katie Couric still hasn't decided on a catch sign off. However we think she may have revealed it the other night in L.A. at The Museum of Television and Radio dinner on Monday where her boss Los Moonves was honored. When she finished her little piece, she reportedly said good night closing out with "Hug it out, bitches!" Judge: former Source editor's chocha only worth $8 Million It looks like embattled Hip Hop magazine the Source may have a tad of good luck afterall. A judge yesterday lopped off nearly half of the $15.5 million verdict fired-editor Kimberly Osorio won from her ex-bosses. Manhattan Federal Judge Jed Rakoff ruled that the magazine's first female editor was really due about $8 million in damages after a jury found she was wrongfully fired for complaining about sexual harassment on the job. Panicky Mort on edge over News Circ Daily News owner Mart Zuckerman is said to have called an emergency meeting with the heads of his Daily News paper when the news broke that rival New York Post passed them in circ. According to the Post who no doubt is reporting on this in the business section this morning, "There is a lot of trepidation, everyone is worried about what Zuckerman is going to do next," said one insider. "He's kind of a panicky guy." -Shomari Hines