And now this morning's worth mentioning media business news...

Time Warner Spent $3.6 Million trying to get congress to lean their way We're sure big companies like Time Warner have budgets specifically set up for lobbying. In 2007 Time Warner spent $3.6 million lobbying on television, satellite and broadband-related legislation. Reed Elsevier running from ad recession? Reed Elsevier is unloading its Business Information unit in what some see as a bail out of dealing with an ad recession. The company is trading up publishing business information titles for ChoicePoint, a risk management information provider. Yawn! UK Newspapers enjoying spike in web traffic due to U.S. based stories The US presidential elections, the death of Heath Ledger and Britney Spears' ongoing problems produced record traffic for the UK's newspaper websites during January. Now imagine what would happen if Britney gets pregnant for one of her creepy male hanger-ons. BSkyB will not give in without a fight Rupert Murdoch's BSkyB announced that it will fight to the death against a ruling ordering it to sell the majority of its 17.9% stake in ITV.