FIRST CUTS: Magazine newsstand sales down; new editor at Forbes

Our list of stories that should be on your morning media menu:

• Magazine newsstand sales have slipped, according to the latest circulation data. (Media Decoder)

• The ugly truth about CMS back-ends. (Adweek)

• Neil Cavuto's weekend S&P downgrade coverage produced record ratings for Fox News. (Mediaite)

• Forbes has a new editor--who comes from Newsweek and the Daily Beast. (Romenesko)

• The death of the downtown alt-weekly? (New York Observer)