Balloon Boy|HuffPo Passes WaPo In Unique Views|Redstone To Sell $1B In CBS, Viacom Shares|MPA Conference Snap Shot|Tina Brown

TVNewser: The saga of a six-year-old boy in a hot air balloon (or not) captivated the network news channels this afternoon.

Editor & Publisher: The Huffington Post has surpassed WashingtonPost.com in terms of unique visitors for last month, according to numbers tracked by Nielsen Online.

New York Times: Sumner Redstone will sell nearly $1 billion in Viacom and CBS shares in order to pay down debt.

The Wrap: Some choice soundbites from the Magazine Publishers of America’s Magazine Innovation Summit this week.

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