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Times Co. Shows Loss but Beats Forecast

The New York Times Company reported a $35.6 million loss for the third quarter on falling advertising revenue, but deep cost-cutting and newspaper price increases helped beat projections.

 

New York Times to cut 100 newsroom jobs

New York Times to cut 100 newsroom jobs

The New York Times said on Monday it would cut 100 newsroom jobs through buyouts or layoffs as it tries to counter lost advertising revenue.

 

New York Post Redesign

The New York Post just launched their redesign earlier this week. First impression - looks like CNN except a lot busier.

 

Philadelphia Newspapers Hope For Debt-Free Bankruptcy

Two large Philadelphia daily newspapers hope to emerge from bankruptcy debt-free by paying creditors $37 million in cash plus real estate to settle nearly $400 million in debt.

Philadelphia Newspapers filed its reorganization plan Thursday, six months after filing for Chapter 11 bankruptcy.
The plan gives creditors the iconic downtown building that houses The Philadelphia Inquirer and Philadelphia Daily News.

 

Globe Union OKs New Contract Offer

After rejecting an earlier offer, The Boston Globe's largest union has voted overwhelmingly to approve a new contract that would give the financially struggling newspaper $10 million in concessions.

 

Media Loves Twitter This Much: $48 Million A Month At Least

Media Loves Twitter This Much: $48 Million A Month At Least

If Twitter needed to pay for the media coverage the company and service gets across the board, it would have spent almost as ...

 

Study Measures the Chatter of the News Cycle

Study Measures the Chatter of the News Cycle

Findings suggested traditional news sites were typically ahead of blogs by two and a half hours when a story line spread.

 

News Corp. Rebuts Allegations

News Corp. issued a detailed rebuttal of allegations that reporters at two of its U.K. tabloids used illegal methods to collect information on sports stars, celebrities and other public figures.

 

Inquiry Begun on Hacking Cases at Murdoch Papers

Inquiry Begun on Hacking Cases at Murdoch Papers

British police will look into a report that a Rupert Murdoch subsidiary hacked into cellphone messages.

 

Pay-for-Chat Plan Falls Flat at Washington Post

Pay-for-Chat Plan Falls Flat at Washington Post

A plan to bring editors and lobbyists to the publisher’s home brought a critical reaction from the newsroom.

 

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