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Idle Chatter Secretary Parsons Layoffs At Ogilvy

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by Jeff Bercovici
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Jan 07 2009 8:53am EDT

Idle Chatter: Secretary Parsons? Layoffs at Ogilvy

-Time Warner Cable has agreed to pay for the right to retransmit CBS shows over its tubes. The deal is a huge victory for CBS even though, whether to save face or avoid setting a precedent, the payments will take the form of higher fees paid to carry Showtime. [WSJ]

-Former Time Warner chairman Dick Parsons is under consideration to be the next secretary of the Commerce Department. [B&C]

-Entertainment Weekly, a title whose profits have plunged in recent years, has replaced its new top editor, promoting Jess Cagle and sending his predecessor, Rick Tetzeli, upstairs to corporate. [NYP]

-Ad agency Ogilvy & Mather is planning to lay off about 10 percent of its workforce, or more than 150 people. [Ad Age]

-TV news organizations are preparing to cover the bejesus out of the Obama inauguration. [NYT]. □

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