And now this morning's worthy media business news...

The New York Times Company reports a 4Q profit of $53 million. Woooooo! That place still needs new meat in the executive offices [NYT] $300 million is what Amazon.com will pay for Audible, a provider of digital audiobooks. This comes on the tail of Amazon's launch of their bulky digital book reader called Kindle late last year [NYT] Yahoo! founder/CEO Jerry Yang's paper net worth is slowly going down the toilet. When will he stop kidding himself and install a CEO that can turn Yahoo! upside down and shake the shit out of it? [NYP] Tribune's new owner and CEO Sam Zell is wasting no time trying to break even. The company has reportedly sold the original Warner Bros. studio for $125 million. We didn't even know they owned that property! [AP]