This story has been significantly modified since its original posting; an update can be found below. Well, it appears that the hits keep coming. David Cay Johnston is a columnist for Reuters who recently took a look at the corporate finances of Rupert Murdoch‘s News Corp., and what he has reported is certain to raise some eyebrows. His column published yesterday suggests that over the last four years, the media conglomerate earned $10 billion dollars and received $4.5 billion in federal refunds after paying zero taxes. UPDATE – Reuters has since withdrawn the original post, admitting that the writer had it wrong.

Juan Williams was on Morning Edition this morning and was asked by Steve Inskeep whether he felt race played a factor involved when it came to the predicaments of either Charlie Rangel or David Paterson. Answer: No. But also? It’s far more complicated than that. For everyone involved.

Vivian Schiller is the president and CEO of National Public Radio, which she joined at the end of 2008 after seven years with The New York Times Co., where she served most recently as SVP and General Manager of NYTimes.com. During her tenure at the Times, she oversaw a complete overhaul of the paper’s website and dismantled TimesSelect, an early attempt at charging for content online. Schiller’s leadership at NPR has also meant a redesigned website. Earlier this week, Schiller came to New York to participate in a debate with Journalism Online founder Steve Brill — “The Great Digital Debate: Free vs. Paid Content Online.” Now she answers our 5QQ — Five Quick Questions.

How much is Katie Couric worth to you? If you are a fan of Couric’s style (on great display this week during her Glenn Beck interview) or the CBS Evening News, or if you happen to be its President, the answer is a great deal. To the tune of $15 million to be precise. However! If you happend to be a fan of NPR, as well as, say, someone who is consistently won over (beaten) down by their pledge drives, she might be worth a great deal more.

After 26 years and 24 national Emmys, Reading Rainbow‘s butterfly in the sky will cease its long, illustrious journey as the longest-running children’s show on PBS after Mister Rogers and Sesame Street.

Dick Meyer: We’re not an organization with a marketing and advertising budget of any consequence, so our growth is driven by the quality of what we do. That’s gratifying. Our great hope is that our redesign will not only notch our growth up to warp speed, but help member stations find greater and greater success on digital platforms.