Tomorrow (Nov. 6) NPR will announce that it is receiving the largest monetary gift ever given to a U.S. cultural institution. No word yet on the donor or the amount.

Todd Mundt said he quit his NPR show because he was “burned out,” according to the Battle Creek Enquirer.

MPT re-tools the format for Wall Street Week with Fortune: “It’s not about a bunch of people on the set sitting around and picking stocks, that’s for sure,” executive producer Larry Moscow tells the Baltimore Sun.

The New Yorker takes note of Brooklyn’s Pintchik Oracle, a feature on public radio’s The Next Big Thing.

The FCC approved technology, called the “broadcast flag,” to protect digital TV shows from being copied and distributed freely over the Internet. Broadcasters won a key concession from the commission, which declined to exempt news and public affairs programming from the new protections (PDF).

The Fort Worth Star-Telegram reports on the Daystar Television Network, the Christian broadcasting service that is expanding its reach by acquiring licenses to public TV stations. Reporter Darren Barbee charts the network’s rapid growth and examines the fundraising practices of its televangelists. This summer, Daystar bid on KOCE in Orange County, Calif., and purchased Dallas public TV outlet KDTN.

Benetton has hired Kurt Andersen, host of public radio’s Studio 360, as editorial director of Colors, its multi-culti magazine.

Officials at Miami’s WLRN-FM face charges of racism after axing two Caribbean-themed shows, reports The Miami Herald. WLRN’s station manager defends the move as a way of making the station more consistently appealing to listeners.

The FCC has eased DTV simulcasting requirements for three public TV stations: KEDT in Corpus Christi, Texas; KTWU in Topeka, Kan.; and Pittsburgh’s WQED. The commission requires all public stations to simulcast half of their analog programming on their digital channels (PDF).

American University President Benjamin Ladner decided to remove WAMU Executive Director Susan Clampitt after several private conversations with station employees, the Washington Post reports. Ladner said Clampitt’s problems ran much deeper than a few disgruntled staff members, which Clampitt said explained certain frustrations.

WAMU Executive Director Susan Clampitt was forced out of her job today by American University President Benjamin Ladner. Clampitt had been heavily criticized for her handling of the station’s finances since taking charge in 2000. Ladner named his chief of staff, David Taylor, to oversee the station during the search for Clampitt’s replacement. Earlier Current coverage of the charges against the ousted e.d.

The University of Connecticut’s winning women’s basketball team has renewed a contract for Connecticut PTV to handle local broadcats of its games for five more years. The annual fee paid by CPTV for 17 or more games will rise from $600,000 to $1 million by the 2007-08 season.

Monday, Nov. 3 is National Traffic Directors Day, organized (of course) by Traffic Directors Guild of America. The guild is suggesting that bosses treat each TD and a guest to dinner on a tradeout deal with a nice restaurant. The guild is also compiling a salary survey for release in January, adding TV stations. Last year, 1,500 radio stations participated in the survey, the guild said.

USA Today profiles StoryCorps, the new oral history project from Sound Portraits Productions. “It’s history, bottom-up,” says Studs Terkel. [Current article.]

On the Media‘s Bob Garfield calls Terry Gross’s talk with Bill O’Reilly “an uncharacteristically ham-fisted hatchet job.” But he concedes, “[I]f I were face to face with him, it would be hard for me to resist what Gross could not resist.” (Via Romenesko.)