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Don’t Invest In Newspapers
3:25AM Hamilton Nolan | You may be aware that deathly newspaper company stocks have experienced a brief resurgence recently, amidst speculation that things aren’t so bad after all for the newspaper industry. If you benefited from this resurgence at all, lucky you. Now sell. More »
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Time Staffers Have Two Weeks To Volunteer For Buyout Packages
2:26AM Hamilton Nolan | The massive Time Inc. layoff buyouts are now sweeping through the company’s various magazines. Below, a memo that just went out to Time magazine editorial employees offering them buyouts. Run, don’t walk! More »
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Wall Street Journal Takes On Local News
6:12AM Hamilton Nolan | The Wall Street Journal is planning to hire a dozen new staffers to cover local news in NYC, Media Decoder reports. Let us point out every last implication to this news! More »
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Bee Shaffer Hops Off The Print Media Titanic, Joins College Humor
1:53AM Brian Moylan | Bee Shaffer is rebelling against her mother, Vogue editrix Anna Wintour, by joining the ranks of the new media. We hear that she is the new assistant to Ricky Van Veen, the editor in chief of College Humor. More »
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Time Inc. To Unleash Monster $US100 Million Layoff Round
9:10AM Ryan Tate | It’s nearly Halloween again, which means it’s time for Time Inc. to terrify everyone with a gigantic bloodletting. Last year that meant the firing of 600 staff; this year it means the firing of however many workers $US100 million buys. More »
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National Geographic Layoffs
7:05AM Hamilton Nolan | A tipster tells us that National Geographic laid off 8-10 staffers today. Reason: “The economy.”
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The Layoff Parade: Teen Vogue, Forbes, Time Inc.
4:20AM Hamilton Nolan | In today’s dark media column, the layoff train is rollin’ down the tracks that many magazines now regret installing in their offices. More »
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Apple Tablet Creates Uneasy Alliance Between Cupertino, The Press
2:51AM Ryan Tate | Apple needed music publishers to make the iPod a truly massive hit. Now Apple must work with its natural enemy—the press—to do the same for its forthcoming tablet. How painful. More »
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How Newspapers Are Wording Their Own Obituaries
12:03AM Ephraim Gadsby | If anyone else is weirded out by newspapers trying to dispassionately report news of their decline, look away now. More »
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