Thursday, December 04, 2008

More on the Ebbing of Journalism

It has been some time so I thought I'd bring everyone up to date, culling from a variety of sources. This is being provided for the benefit of those who think journalism, including arts journalism, is still going swell, because it isn't. It's all dying.

Westchester Paper Lays Off Critic Jacques le Sourd
Let's see: that makes Jacques le Sourd, Michael Sommers, Peter Filichia, Jeremy McCarter, Eric Grode, Clive Barnes and me.

Variety folds its DC bureau

Time Out New York Goes on the Block
Investors looking for $40 million buyout; Chicago edition for sale, too.

'Dramatic Restructuring' Could Become the Norm in 2009
Publishers aren't the only ones looking for new ways to keep dollars coming in. Media banker DeSilva + Phillips announced yesterday a new "operational restructuring practice," which will offer recommendations for improving financial performance, including "identification of revenue enhancement and cost savings opportunities, operating efficiencies, incentive compensation plans, investment savings and evaluation of strategic alternatives."

Tribune cuts more newsroom jobs
More than a dozen newsroom employees at the Chicago Tribune were told Wednesday their jobs are being eliminated, and more cuts are expected next month....

The Tribune has been trimming its newsroom for more than year and has already executed at least two rounds of voluntary buyouts and involuntary layoffs. Wednesday’s layoffs follow cuts of about 100 jobs in the spring and another 80 staffers in August.

'Several Cities' Could Have No Daily Paper As Soon As 2010, Credit Rater Says

Niche Media Shutters Atlanta Peach

UPDATE: Here's even more:

NBCU To Cut 500 Jobs, Layoffs Begin at NBC News Bureaus

Viacom to cut 850 jobs, freeze some raises in 2009

Gannett Cuts 1,770 Jobs

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1 comment:

Steve On Broadway (SOB) said...

It's all very sad news.