With the sale of The Weather Channel to NBC Universal and two private equity firms, Landmark Communications hopes to divest its remaining businesses by the end of the year, according to The Virginian-Pilot, which is one of those businesses.

Facing a possible change in network and production team, will Project Runway still be able to follow the show’s catch phrase and “make it work?”

YouTube may finally have a real competitor.

Video-streaming newcomer Hulu, a joint effort between NBC Universal and Fox, opened to the public last week after a four-month trial period. It provides full-length TV episodes and movies to be viewed for free online.

Oprah Winfrey just got a little richer.

NBC Universal announced today that it would buy Oxygen Media, the cable TV network founded by Winfrey, CEO Geraldine Laybourne and three TV producers, for $925 million.

The purchase is yet another indication from NBC Universal that it is targeting women viewers. Other Universal properties with significant female audiences include iVillage, Bravo and the Today show.

The affair between Los Angeles Mayor Antonio Villaraigosa and a local TV reporter may become an issue in a proposed real estate development in the city.

Telemundo, owner of KVEA-TV, is weighing the fate of journalist Mirthala Salinas, who reported on the mayor while she was romantically involved with him.

At the same time, NBC Universal, owner of Telemundo, has proposed a $3-billion development in Los Angeles that includes 2,900 new homes and 1.6 million square feet of commercial space. The project would require city approval.