»  The sale of the Chicago Sun-Times to a group led by investment banker James Tyree is complete. [Chicago Sun-Times]

»  A day after Bill Keller hinted that the NYT was working on content for a new Apple tablet, an Australian paper reports that media execs in that country have also been approached by Apple about getting their content onto the device. [The Sydney Morning Herald]

»  Is Ancestry.com overpricing its IPO? [Breakingviews]

»  Some book publishers argue that the Barnes & Noble Nook’s lending feature could hurt business. [MediaLoper]

»  Big tech companies are once again launching big ad campaigns, including Microsoft, which is spending $300 million to advertise Windows 7. [WSJ]

»  But that does not mean Microsoft will sponsor a special edition of Family Guy. The company pulled its sponsorship, saying the show’s content did not “fit” with its Windows brand. [Variety]

»  Not pretty: A chart showing circulation at big papers since 1990. [The Awl]