The Washington Post reports that David Axelrod, one of the chief architects of President Obama’s two presidential campaigns, is joining NBC News and MSNBC as a senior political analyst.

Fox News has hired former Republican presidential candidate and Godfather’s Pizza CEO Herman Cain as a contributor, TV Newser reports.

Cain will provide political and business analysis and commentary.

Jonathan Chait: “What makes Joe Scarborough such an enjoyable figure is his combination of affability, good intentions, high self-regard, low self-awareness, and total lack of analytical reasoning skills. He is not remotely dislikable. He is Ron Burgundy come to life.”

“The nerd is the natural enemy of Joe Scarborough, as nerds defy everything Scarborough has come to believe about the expected order of things.”

Failed 2010 New York gubernatorial candidate Carl Paladino (R) visited the state Capitol and passed by “the glass-walled office of Fred Dicker, the state editor of the New York Post who was in the middle of his daily, live, radio show,” the Albany Times Union reports.

“‘Hey Fred!’ Paladino shouted. The two men had a physical tiff during the 2010 campaign, where Dicker forcefully questioned Paladino about his unsubstantiated suggestion that Cuomo had been a womanizer, and Paladino yelled at Dicker for the actions of a Post reporter who staked out his Buffalo home.”

“Dicker looked up. Paladino raised his middle finger, smiled, and walked away.”

Former Sen. Scott Brown (R-MA) is in talks with Fox News about becoming a network contributor, Politico reports.

A new Public Policy Polling survey on television news finds that there’s only one source more Americans trust than distrust: PBS. 52% of voters say they trust PBS to only 29% who don’t trust it.

The other seven outlets  polled on are all distrusted by a plurality of voters.

Harry Enten: “I’m not a big one for Schadenfreude but I confess to feeling a little frisson on hearing the news that Dick Morris was not getting his contract renewed by Fox News. It’s not that I wish Morris ill tidings; it’s that I want pundits to be held accountable for their incorrect forecasts… Morris’ [2012] performance earned him the title of ‘Worst Pundit of 2012’ by Pundit Tracker. That’s an impressive achievement considering all the competition. In mathematical terms, Morris was wrong 80% in his prognostications: if you had placed a dollar bet on each Morris prediction in a prediction market, you would have lost 70% of your money.”

Fox News has decided not to renew its contract with political commentator and pollster Dick Morris, Politico reports.

Meanwhile, Morris announced that he’ll be a guest on the Piers Morgan Show on CNN on Wednesday night.

Fox News “had its worst ratings since 2001 in January,” Politico reports.

“The network had a 12-year low in the coveted 25-54 demographic in primetime and fell to its lowest total day ratings since 2008.”

James Carville and Mary Matalin will not be continuing their contracts with CNN, according to FishbowlDC.

A Smart Politics review of the more than 150 Fox News broadcasts in which Sarah Palin appeared as a paid commentator from 2010 through 2012 finds that she spoke 189,221 words on air during this span, for an average pay rate of $15.85 per word.

The Wrap: Sarah Palin and Fox News split.

Although Sarah Palin just lost her platform at Fox News, she tells Breitbart News that she’s been able to “free up opportunities” to “share more broadly” her message.

Said Palin: “I was raised to never retreat and to pick battles wisely, and all in due season. When it comes to defending our republic, we haven’t begun to fight! But we delight in those who underestimate us.”

Sarah Palin’s contract with Fox News has ended and it is not being renewed, the New York Times reports.

“A Fox spokeswoman confirmed Friday that Fox had parted ways with the former Alaska governor and Republican vice presidential nominee, effectively reducing her exposure to the channel’s millions of loyal viewers. It was unclear whether the parting was Ms. Palin’s choice, but it was described as amicable.”

A source close to Palin tells Real Clear Politics that Fox News offered Palin a contract but she turned it down.

Former Rep. Dennis Kucinich (D-OH) has signed on as a regular contributor to Fox News, the AP reports.

Fox News Chairman Roger Ailes said he’s “always been impressed with Kucinich’s fearlessness and thoughtfulness on the issues.”

Shortly after announcing that he was reinventing The Blaze as a global libertarian news network, the Dallas Observer reports Glenn Beck announced “the next stage of his full-bodied embrace of libertarianism, which seems to be a massive commune inspired by ‘Galt’s Gulch,’ Ayn Rand’s utopian community in Atlas Shrugged.”

The host of Meet the Press, David Gregory, will not be arrested or charged with a crime for waving what he claimed was a high-capacity ammunition gun clip on national television last month, the Washington Post reports.

Out in April: This Town by Mark Leibovich.

The book is described as “a blistering, penetrating, controversial — and often hysterical — look at Washington’s incestuous ‘media industrial complex.'”

An exciting announcement.