The Tribune Company, the publishers of The Chicago Tribune, The Los Angeles Times, Newsday and others has hired bankruptcy advisers.
According to the NY Times, the hiring of Investment bank Lazard and the law firm Sidley Austin is ...
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Long Island based Newsday has cut 100 people, or 5% of its workforce.
Publisher Timothy P. Knight said the union representing newsroom and production workers was informed of the "job reductions" and in the coming days "there will ...
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E.W. Scripps Company has put Colorado's The Rocky Mountain News on the market.
Colorado's oldest newspaper founded in 1859, The Rocky Mountain news lost around $11 million for the first 9 months of this year, and is expect ...
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The New York Times has rolled out a new feature that sees it linking out on its front page.
Times Extra adds related links from across the web using BlogRunner, the blog meme tracking service the Times acquired ...
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Media giant Viacom has announced a 7% reduction in its workforce, or 850 employees.
Viacom said in a statement that cuts would be implemented across all divisions of the company, which includes MTV Networks, BET, Paramount Pictures and ...
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It looks like cuts are being made at most Gannett Co newspapers today, with more news of cuts coming through. For the earlier round, see Hundred of Newspaper Jobs Cut.
The latest, via the Gannett Blog, a blog ...
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Miles O'Brien might have been irriating some times to watch as he reported on things like NASA, technology and science but I always like watching his reports. It was nice to be able to get some tech ...
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Hundreds of newspaper jobs have disappeared this week as media companies start to slash costs as the economic crisis continues to drive the newspaper death spiral.
Gannett Co Newspapers were hardest hit in what is likely to be ...
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Tonight I was invited by nicefishfilms (thanks Michael) to join him; and about 180+ people, in the living-room of Peter Himmelman for a great jam session. Peter, along with some other really good musicians, held a concert ...
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In another step forward for resource sharing between newspapers, McClatchy and the Christian Science Monitor (CSM) has announced a content sharing deal for their Foreign Bureaus.
Under the deal, McClatchy will provide CSM with stories written by ...
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We reported yesterday that Newspaper revenue in the United States fell 19.26% for the 3rd quarter of 2008, a record decline off the back of a staggering 30.85% drop in classified advertising.
But what do the figures mean? ...
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Newspaper advertising took a 19.26% fall in the third quarter of 2008 off the back of the hemorrhaging classified market.
The 19.26% overall fall is worse than the previous record of a 16.07% drop in the second quarter ...
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Time Magazine is trimming back its staff for the publication's various non-American editions.
The magazine's multiple global editions will see significant cuts, according to Keith J. Kelly at the New York Post, and will now be largely ...
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Connecticut State Representatives are petitioning the State to subsidize The Bristol Press and The Herald of New Britain, two papers facing shutdown in January as we reported November 11.
The letter from seven Democrat State Representatives to the ...
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A free community newspaper and online news publication has decided to go pay-for-play. Morris Communications' Bluffton Today, from Bluffton, South Carolina, will begin charging readers for both its print and online editions starting in December.
The move, discussed ...
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Newspaper group The McClatchy Company has reported a 20.4% drop in advertising for October.
Overall revenue at McClatchy decreased 17.8% for the month off the back of the 20.4% drop year on year (October 2007 vs October 2008) ...
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Reports in Russia are suggesting that Russian giant Onexim Group is in talks to acquire Forbes.
Yakov Sadchikov of Quintura who translated the reports notes that Onexim Group is one of Russia’s largest private investment funds with investments ...
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After word broke earlier this week that The Huffington Post was looking to raise a new round to fund "investigative journalism," the paper work on that round was actually being signed, and it's a nice $15 million.
The ...
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The Associated Press (AP) plans to cut up to 10% of its workforce in 2009, or around 400 people.
Reuters quotes sources at AP who were present when AP Chief Executive Tom Curley delivered the news as ...
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With so many journalists finding themselves out of jobs these days, the folks behind Movable Type/TypePad are offering a little something to try to help ease the blow.
Six Apart, the Movable Type/Typepad parent company, has announced ...
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Arianna Huffington's The Huffington Post is seeking a new round to fund investigative journlism.
Hufffington disclose the fact during a panel discussion at Michael’s restaurant in Manhattan Tuesday night. Robert MacMillan at Reuters was there, although he was ...
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Magazine publisher Meredith Corporation has taken a stake in online publisher Real Girls Media Network.
Real Girls Media Network portfolio includes Divine Caroline, a professional and user generated content portal aimed at women.
As part of the investment, ...
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