Déjà Vu: Bill Keller Insists New York Times Layoffs Are Over… Again
After the New York Times cut 100 jobs, editor-in-chief Bill Keller told his staff that they should not fear a "next round" of layoffs because more cuts were neither "planned or foreseen." In a memo that circulated Friday, as reported by The Observer, Keller was somber, yet hopeful. "That unwelcome and unpleasant task is now behind us, mostly thanks to voluntary buyouts, but some of it through layoffs, and all of it attended by a sense of loss," he started. But about the future, he was measured, though optimistic: (more...)
Magazine Publishers Announce Joint Venture For Digital Future, Salvation?
There have been whispers in the publishing world for months now about a group solution to the print problem, in which all of the big dogs -- including Condé Nast, Hearst, Meredith and Time Inc. -- would come together to offer competitive marketplace solutions to widespread magazine woes. First, there was the leaked Time Inc. memos that considered a publishers partnership to compete with Amazon's Kindle, followed by an Observer piece floating even more details of the mag world Voltron. (more...)
Condé Nast, Hearst, Time Inc. Form Super-Conglomerate To Save Print
Some of the biggest rivals in magazine publishing are close to a deal that would combine their forces in an effort to resuscitate a dying print industry. Titans of the media world -- including Condé Nast, Heart and Time Inc. -- are working to form an alliance that would recreate magazines for a digital age, in a plan that includes new mobile iterations sold in an iTunes-like store, as well as print magazines, according a report in The Observer. It's like a publisher's version of Voltron. (more...)
Elsewhere on the Internet! A (Mostly) Non-Media Linkfest
• A funny take on a party we missed last night (thrown by my old co-worker). For advertising and drinking fans alike (SK).
• Inside the decision-making process Arthur Ochs LOLzberger, Jr.'s uses to build the front page on NYTimes.com (AC). (more...)
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