Recent Blog Posts
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Conde Nast Closing 'Portfolio'
Apr 27 200910:02 am EDT -
Newspaper Circ: 'WSJ' Gains as 'NY Post' Tumbles
Apr 27 20099:32 am EDT -
Idle Chatter: The Prognosis for Newspapers, more
Apr 27 20098:55 am EDT -
Late Breaks: MySpace, NYT, 'New York'
Apr 24 20094:01 pm EDT -
Nostalgia, Entitlement and Murdoch's 'Journal'
Apr 24 20094:00 pm EDT
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Idle Chatter: Book Biz Has Very Bad Day, more
-Yesterday shall henceforth be known in the book publishing industry as "Black Wednesday." Random House unveiled a massive reorganization that's expected to lead to substantial downsizing, Simon & Schuster and Houghton Mifflin both laid off staff, and Harper Collins and Penguin Group put raises on ice. [NYT]
-Speaking of layoffs, CNBC is expected to let go up to 80 people today. [NYP]
-Today's Wall Street Journal features an advertising wrap, sponsored by Dell, that covers one-third of the front page. It's the first time the Journal has done such a thing. [Ad Age]
-CNN is shutting down its science, space and technology reporting unit. Correspondent Miles O'Brien is leaving, along with six producers. [TVNewser]
-Political operatives advising Chris Matthews on his possible run for Senate in Pennsylvania are telling him he has to quit his job at MSNBC as soon as possible to make it clear he's serious. [Politico]
-Which media stocks will be the first to rebound from their present lows? Forbes crunches some of the less-looked-at numbers and makes some contrarian picks. [Forbes]. □
