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“#Job cuts in media topped 30,000 in 2020” The media industry was racked by a record 30,711 job cuts in 2020 — a stunning increase of 201 percent from the year earlier when 10,201 jobs were lost. The figures, which were rolled out Thursday by outplacement firm Challenger, Gray & Christmas, included jobs data from…
“#Keith Poole to take the helm at the New York Post Group” The deputy editor-in-chief of The Sun is crossing the Atlantic in March to head the New York Post Group as the paper grows its digital presence. Keith Poole is the first person to be tapped as editor-in-chief of the New York Post Group,…
“#Hedge fund Alden Global Capital offers to buy Tribune Publishing” Hedge fund Alden Global Capital, the largest shareholder of Tribune Publishing, publisher of the New York Daily News, has offered to buy the rest of the newspaper publisher at a price that values it at $520.6 million. Alden sent a letter to Tribune on Dec….
“#Talk of Marty Baron retirement at WaPo clouds editor searches” Growing chatter that Washington Post executive editor Marty Baron could soon retire is complicating searches for several other high-profile top news jobs, including the quest for a new head of the Los Angeles Times, media sources say. Baron has not made any officially announcement, but…
“#Jeff Bezos’ Washington Post on a hiring spree” The Jeff Bezos era has been very good to the Washington Post. The money-losing newspaper that the Amazon founder bought for $250 million in 2013 not only remains profitable but continues to grow with plans to add 44 journalism jobs in 2021, pushing the total newsroom staff…
“#News media zombies will have nothing to feed on after Trump” A nickel’s worth of free advice for soon-to-be-private citizen Donald J. Trump: You can destroy your enemies, you know. In six months CNN’s Jeff Zucker could be wearing a barrel and playing harmonica on street corners begging for spare change. MSNBC, The New York…
“#Janice Min eyed for top LA Times job amid Norm Pearlstine exit” Norm Pearlstine, who announced plans to retire as executive editor of the LA Times in October, officially vacated his post on Monday — accelerating the hunt for a replacement. Sources tell The Post that the three outside candidates topping the list are Janice…
“#500 staffers take voluntary buyouts at USA Today parent Gannett” USA Today’s parent company Gannett, the nation’s biggest newspaper chain, reportedly will see 500 employees take voluntary buyouts that were offered to the company’s 21,000 workers in October. Over 40 percent of the buyouts, or some 214 staffers, are from the editorial side, according to…
“#New York Times says digital-only subscriptions pass print revenue” The New York Times reported surprisingly strong profits despite declining ad sales on Thursday, and said revenue from online-only subscriptions surpassed its print revenue for the first time ever. The Gray Lady, which like most media has gotten a boost in a quarter dominated by the…
“#Philadelphia Inquirer shutters printing plant, cuts 528 jobs” The Philadelphia Inquirer said it will lay off 528 people when it shuts down the printing plant where the paper and the Philadelphia Daily News have been printed since 1992. The grisly headcount, filed with the Pennsylvania Department of Labor in recent days, is slightly higher than…