According to a Reuters story carried by the NYT, Time magazine will hand over some subpoenaed records in the Plame case.

That could spare reporter Matthew Cooper a trip to the big house.

Yesterday, the judge in the case told Cooper and NYT reporter Judith Miller they faced jail within a week. An excerpt:

Lawyers for the reporters, Judith Miller of The New York Times and Matthew Cooper of Time magazine, said their clients would accept jail time rather than testify.

The judge, Thomas F. Hogan of Federal District Court here, added that he would also impose very large fines against Time Inc., in an effort to force the company to obey a court order directing it to turn over documents in the investigation.

A lawyer for Time Inc., Theodore J. Boutrous Jr., told Judge Hogan the company was still considering whether to comply with the order.

"We are grappling with those issues," Mr. Boutrous said. "Time is part of a public company and has a deliberative process to work through these issues."