Yesterday the NY Post raised a lot of eyebrows with a report suggesting that Morning Joe hosts Joe Scarborough and Mika Brzezinski approached Time Warner CEO Jeff Bewkes during Tuesday’s Mirror Awards and pitched the idea of moving the morning duo to CNN. This morning the report was addressed on Morning Joe and Scarborough provided about as strong a rebuke as one could imagine, claiming that the NY Post reporter Claire Atkinson “chose to lie.”

The New York Post is reporting of a possible deal between CNN and CBS Evening News anchor Katie Couric, who, according to friends cited in the report, is unhappy at CBS and “wants to be on the air somewhere before the [2012] Iowa caucuses.”

There may be no greater friend to the current plight of American CEOs than Fox News host Neil Cavuto. His show is a welcome, safe and friendly environment for titans of many an industry to discuss the economy, future political plans and their own businesses. So it’s not terribly surprising to see Time-Warner CEO Jeff Bewkes show up on Fox News. What was rather surprising was the frank and candid way in which he discussed the recent managerial and programming changes at CNN, as well as the current cable news landscape.

CNN has consistently claimed all is well even as ratings have fallen off significantly.

But according to Time Warner CEO Jeff Bewkes on yesterday’s first quarter conference call, CNN has declined financially as well as ad revenue is down – and he wants to “fix” the ratings problem.

With the benefit of hindsight, the AOL-Time Warner merger is widely derided as a very, very bad idea. Now, on the eve of AOL’s split with Time Warner, rumors are emerging that AOL and Time Inc. are considering a “co spin-off.” Despite having both “AOL” and “Time” in the name, here’s why that merger could actually be a great idea:

During a discussion at University of Southern California’s Annenberg School for Communication, investor Gordon Crawford claimed that Time Warner would eventually sell-off their print unit Time Inc., renewing lots of speculation about the print giant’s future. The innocuous comment seemed like a throw away line to some; but it not only sent shock waves in media circles, it also forced many to predict a future that, frankly, no one really yet knows.

Early headlines from the event have focused on the rise of social media (have you heard of Twitter?) as well as paid content. In other words, if you can’t make money off of Twitter or Facebook, how much should one pay for it? We’ll leave that question to the bigwigs in Idaho — we know what everyone’s really concerned with: where everyone ranks on the Power Grid.