Dear Blog Reader,

Print media painfully realizes they can't be fast enough to keep up with internet information. So while they know Time will be announcing a new managing editor today, they don't who yet. Well, neither do we, but the newspapers want you to know, they will be just as ready as we are when that news is announced.

The newspapers got a scoop. And have no fear — they're prepared.

From WWD this morning:

By the time you read this, Time magazine may already have a new top editor.

At today's 10 a.m. editorial meeting, Time Inc. editor in chief John Huey will introduce the newsweekly's staff to its new managing editor, the identity of whom was still a well-guarded secret as of Tuesday night. Jim Kelly, managing editor since 2000, enacting a decades-old ritual, will consummate the change of command by handing over to the incoming editor a pewter pencil cup that originally belonged to Henry Luce, Time's founding editor.

From the Observer this morning:

Dear Reader: If you’re really curious, leave this newspaper, go straight to our Web site, www.observer.com, right now, and behold the new managing editor of Time magazine! Time Inc.’s editor in chief, John Huey, as we went to press Tuesday, May 16, planned to name him or her Wednesday morning.

The current managing editor, Jim Kelly, is moving on to an executive position with Time Inc., in which, among other things, he will navigate the legal shoals of contemporary First Amendment law.

Isn't it just the best when you're already reading news on the internet instead of through print media and a website tells you to go their website. That's, like, more meta than blog on blog. That's like dotcom going down on itself.

Time Takes A Huey: Editor Kelly Rises,Successor Chosen [Tom Scocca, New York Observer]
Memo Pad: Time's Up [Jeff Bercovici, WWD]