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Meredith Corporation takes stake in Real Girls Media Network

Meredith Corporation takes stake in Real Girls Media Network

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, ... Read >
A Giant Falls: PC Magazine Ends Print Edition

A Giant Falls: PC Magazine Ends Print Edition

Following the steps of many newspapers shuttering their print editions and focusing on online, PC Magazine has decided to stop publishing its long-running magazine and become a Web-only publication. The decision, reported at Paid Content in an interview ... Read >
“Deep, Painful” cuts coming to the Star Tribune

“Deep, Painful” cuts coming to the Star Tribune

Large job cuts are coming to The Star Tribune, the largest paper in Minneapolis. In a memo sent to staff Monday, publisher Chris Harte spoke of issues with thepaper, including decreased income and a serious debt issue ... Read >
Murdoch: newspapers will survive, but physical format irrelevant

Murdoch: newspapers will survive, but physical format irrelevant

News Corp CEO Rupert Murdoch delivered the annual Boyer Lecture on Australia's ABC Sunday, and while he was positive on the future for newspapers, it's what he had to say about print editions which makes the talk ... Read >
Print newspapers will be the first to fall

Print newspapers will be the first to fall

Back in July I argued that broadcast television would be the first heritage media medium to fall. The reasons I gave hold true today: broadcast television is the least prepared for the changes ahead, and not having ... Read >
Canwest cuts 560 jobs

Canwest cuts 560 jobs

Leading Canadian media company Canwest has announced a cut of 560 jobs. Canwest owns the leading Canadian television network Global Television Network, a variety of newspapers including The National Post, Vancouver Sun and Calagary Herald, and the Ten ... Read >
Study: Stolen Web Content Sees More Traffic Than The Original

Study: Stolen Web Content Sees More Traffic Than The Original

Newspapers struggling to find an online life may not like the sound of this: When it comes to mainstream media sites, far more people read unauthorized online copies of stories than read the originals, according to some ... Read >
PBL Media in serious trouble, may face breakup

PBL Media in serious trouble, may face breakup

PBL Media, the holding company behind Australian television network Channel 9 and ACP Magazines is in serious trouble, and may face breakup if a major restructure of financing can't be completed. In an assessment of the 2007-08 financial ... Read >
Two Connecticut papers to be shut without a new owner

Two Connecticut papers to be shut without a new owner

The Journal Register Company will close two of its daily newspapers in Connecticut unless a buyer is found by January. The two papers facing closure are the Bristol Press and The Herald of New Britain, reports the Hartford ... Read >
CondéNet cuts: Wired.com lays of 25% of staff

CondéNet cuts: Wired.com lays of 25% of staff

CondéNet, the online arm of publisher Condé Nast has today laid off staff across the board, with Wired.com taking a big hit. According to reports, 25% of Wired.com's San Francisco staff have been laid off, with the majority ... Read >
Current TV cuts net 30 employees

Current TV cuts net 30 employees

The Al Gore backed cable channel Current TV is said to have made sweeping cuts to its workforce today, with reports of at least 32 employees being cut. Founded in 2005, Current TV is billed as the "the ... Read >
Virgin Media cuts 15% of workforce

Virgin Media cuts 15% of workforce

UK based cable TV provider Virgin Media has announced a cut of 15%, or 2,200 people from its workforce. The new cuts come on top of 4,000 jobs being cut following the NTL Telewest merge in late 2006. ... Read >
Attention Gannett Employees: Your Company Is Now Making Money. But You’re Still Being Laid Off.

Attention Gannett Employees: Your Company Is Now Making Money. But You’re Still Being Laid Off.

Gannett -- you know, that media company that's currently laying off thousands of employees and cutting costs at every possible corner -- has just acquired an online nursing service. Now, new details are emerging about how ... Read >
FremantleMedia to produce exclusive content for YouTube

FremantleMedia to produce exclusive content for YouTube

American Idol producer FremantleMedia has signed a deal with Google to produce exclusive programming for YouTube. Under the deal, FremantleMedia will establish two content channels on YouTube: a family oriented web only channel, and another for content linked ... Read >
Tribune Co. reports $124 million loss for 3rd quarter

Tribune Co. reports $124 million loss for 3rd quarter

The Tribune Company, the publisher of The Chicago Tribune, The Los Angeles Times, Newsday and others has reported a $124 milliion loss for the 3rd quarter, down from a profit of $84 million for the same quarter ... Read >
MGM TV and Movie content coming to YouTube

MGM TV and Movie content coming to YouTube

Full length movies and television shows from MGM are coming to YouTube. In an agreement due to be announced Monday, YouTube will start showing free ad supported episodes of American Gladiators, full-length films including Bulletproof Monk and The ... Read >
Media Briefs: Sun-Times, Boston Globe Cuts, NY Times Cash Crisis

Media Briefs: Sun-Times, Boston Globe Cuts, NY Times Cash Crisis

Another week on bad news for the newspaper industry, with cuts and a serious cash crisis facing the New York Times. The New York Times owned Boston Globe has cut 42 jobs, mostly managers in advertising, circulation and ... Read >
News Corp profit drops 30%, TV, Movie businesses take big hits

News Corp profit drops 30%, TV, Movie businesses take big hits

International media conglomerate News Corp. has reported a 30% drop in quarterly profits off the back of big dives in News Corp's TV and Movie businesses. News Corp. net income for the quarter that ended Sept. 30 dropped ... Read >
Gannett CEO gives up ‘chump change’ – empathy my ass

Gannett CEO gives up ‘chump change’ – empathy my ass

I first read this story earlier today and was slightly irritated by it and then I read JR Raphael's post here on the Inquisitr about Gannett's CEO; Craig Dubow, making a big deal about taking a pay ... Read >
Opinion: Gannett CEO’s Pay Cut Seems Overhyped

Opinion: Gannett CEO’s Pay Cut Seems Overhyped

As Gannett gets ready to can thousands of employees, while at the same time reducing raises and increasing responsibilities for its remaining workers, the company's CEO is expressing his "empathy" by cutting his own salary -- from ... Read >
The Seattle Times cuts 10% of workforce

The Seattle Times cuts 10% of workforce

The Seattle Times will cut around 10%, or around 130-150 positions, following a similar cut at the beginning of the year. In a memo to staff, Seattle Times Publisher Frank Blethen and company President Carolyn Kelly (as published ... Read >
Media Briefs: Washington Post mixed results, Conde Nast makes cuts

Media Briefs: Washington Post mixed results, Conde Nast makes cuts

Another week ended with mixed news on the media front, with The Washington Post reporting mixed results, and Conde Nast making cuts. Figures for the 3rd quarter released by the Washington Post showed a massive drop in operating ... Read >