"All things media" thread

[Glenn]

Layoffs Come to the Journal-- Though Not As Many As Expected

Long expected, and some said overdue: layoffs at the Wall Street Journal were announced Thursday. Rupert Murdoch-owned News Corps' most venerable publishing arm is cutting staff, but thankfully, far less than the 50 jobs predicted. WSJ's publisher Robert Thomson explained in an in-house memo, 14 editorial positions at the the paper will be slashed, while the paper had lost another 11 staffers to recent "attrition."

The layoffs arrive amidst a dismal earnings call for parent News Corp. Although the WSJ is losing staff, Thomson's memo noted a ray of sunshine through the gloomy news: no jobs will be cut from Dow Jones Newswires, which is actually expanding internationally by way of new efforts in India and a Spanish-language edition.

Still, the news of the Wall Street Journal's layoffs comes as another punch to traditional publishing, which is struggling to reinvent itself in the midst of a challenging economic and advertising climate. And eyeballs aren't the WSJ's problem. As Thomson pointed out, "We are also in the midst of an unprecedented increase in our readership, in print and online, but a precipitous decline in print advertising revenue has forced a close examination of our structures and of our costs." Source: All Things D more

[Uncle Mxy]

Old news...

http://www.youtube.com/watch?v=5WCTn4FljUQ

[Vinny]

That shit'll never catch on.

[Uncle Mxy]

What do you think?
"Woman Who Called for Help Assaulted By Police;
Police Suing TV Station that Exposed Them"
http://www.clevelandleader.com/node/9049

[Uncle Mxy]

http://news.cnet.com/8301-17939_109-10190584-2.html

[Glenn]

The 10 Major Newspapers That Will Either Fold or Go Digital Next

4. The Detroit News is one of two daily papers in the big American city badly hit by the economic downturn. It is unlikely that it can merge with the larger Detroit Free Press which is owned by Gannett. It is hard to see what would be in it for Gannett. With the fortunes of Detroit getting worse each day, cutting back the number of days that the paper is delivered will not save enough money to keep the paper open.

[Uncle Mxy]

http://adage.com/mediaworks/article?article_id=135123
"Cable, Satellite Providers to Push Pay-per-View Porn
Huge Profit Potential in Down Economy Prompts Promotional Efforts"

[Uncle Mxy]

Stewart vs. Cramer -- is this the media taking down the media?

http://www.comedycentral.com/videos/...videoId=221516
http://www.comedycentral.com/videos/...videoId=221517
http://www.comedycentral.com/videos/...videoId=221518

[Uncle Mxy]

http://www.guardian.co.uk/world/2009...nime-recession

While other countries bail out banks, slash interest rates and prop up struggling industries, Japan is pinning its hopes for economic recovery on a less likely source: manga comic books.

As part of 15 trillion yen of fresh stimulus measures unveiled today, Japan hopes to raise the percentage of its exports of "soft power" - manga, animated films, video games and pop music - from 2% of the total to 18% over the next decade, creating half a million jobs.

[Fool]

We already have too much anime.