Media Roundup: Tribune to Go Tabloid for Street Sales, Current Console Generation Will Last Longer, and More

(MoneyWatch)  Tribune to go tabloid for street sales -- On Monday, The Chicago Tribune will change the design of its paper to the tabloid style for street sales. Home subscribers will still get the traditional broadsheet paper. [Source: Chicago Tribune]

Microsoft: current generation will last longer -- Robbie Bach, head of Microsoft's Entertainment and Devices division, has warned consumers not to expect the current generation of video game consoles to be replaced as quickly as those in the past. Aside from the economy, Bach believes that the success of the low-powered Wii means customers want value, not cutting edge technology. [Source: Game|Life]

Hearst Corporation keeps publishing CEO -- Hearst Corp, the media giant that publishes several newspapers and magazines, has re-upped the contract of publishing group CEO Cathie Black. While Hearst is ahead of rival Conde Nast in digital revenue, Black has been criticized in the past for moving slowly on a digital strategy. [Source: New York Post]

Printed Blog turns the tables -- Chicago new media startup The Printed Blog is turning Chicago's local bloggers and making them print journalists. The company aims to print the best hyperlocal Web content in a small newsletter and sell space to local advertisers. San Francisco and New York editions are due out shortly. [Source: Epicenter]

YouTube launches C-SPAN style Congressional hub -- In an effort to centralize all of its political content, YouTube has aggregated the video channels of all U.S. Congress members. Most of the videos are congressional speeches, updates on legislation or direct calls to action. [Source: TechCrunch]

CBS gives Verizon Video On Demand rights -- CBS has widened the scope of its current content deal with FiOS provider Verizon to include standard and high definition versions of its programming. Terms of the deal were not disclosed, but the arrangement is said to be "long term" by one of the executives. [Source: paidContent]