Summary:

»  The rumored Apple (NSDQ: AAPL) tablet will cost under $1,000, according to a second hand account given to ex-Google (NSDQ: GOOG…

Apple Tablet Mock-up
photo: Fortune

»  The rumored Apple (NSDQ: AAPL) tablet will cost under $1,000, according to a second hand account given to ex-Google (NSDQ: GOOG) China President and former Apple exec Kaifu Lee. He also hears that Apple will ship 10 million units of the tablet in 2010 and that the device features a 10.1-inch multi-touch screen, 3D technology, a virtual keyboard and video conferencing capabilities. [Cloned in China]

»  Time Warner (NYSE: TWX) Cable (NYSE: TWC) is now agreeing to arbitration — and/or an interim agreement — with News Corp.’s Fox Television group over the two companies’ retrans contract dispute. (Update: News Corp (NYSE: NWS). didn’t agree so the midnight watch continues.] [Mediapost]

»  After closing a number of titles in 2009, Conde Nast’s Fairchild Fashion Group is readying a new b2b title aimed at men’s fashion category for a June launch. [Mediaweek]

»  In a sign that movie studios will increase their online ad spending significantly this year, look to Avatar as a prime example of where things currently stand. The sci-fi blockbuster’s studio, 20th Century Fox, devoted at least 10 percent to promotion on the web. That compares to an average of 4.4 percent spent on new media a few years ago. [Variety]

»  As E&P staffers vacate their offices today for what looks like the last time, the possibility of a buyer saving the Nielsen mag from extinction is still alive, though editor Greg Mitchell says any firm agreement is at least two weeks away. In the interim, staffers have set up E&P In Exile just in case a savior comes through. [E&P]

»  Pop singer John Mayer is a Twitter and Tumblr addict, but he’s calling for people to take a break from online communications and commit to a “one week digital cleanse” starting 9am on January 1. [Techcrunch]

»  Newsosaur’s Alan D. Mutter offers his predictions for 2010: some online media outlets will charge for access; no rebound for newspapers, radio and local TV, even if the economy improves more than expected; and the wave of media companies going out of business isn’t over. [Reflections of a Newsosaur]

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