March 1, 2009

Sources: RIAA cuts up to 25 jobs

As expected, the Recording Industry Association of America, the lobbying group of the four largest music labels, has laid off between 20 and 25 workers, or about 20 percent of the RIAA’s workforce, according to music industry sources.

In addition to the layoffs, the RIAA eliminated some positions through attrition, the sources said. In all, 31 of the company’s 104 employees, or just under 30 percent, were either laid off or quit recently and will not be replaced. The RIAA leadership remains unchanged. My sources say CEO Mitch Bainwol and President Cary Sherman have contracts extending through the end of 2010.

Source: CNET

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February 28, 2009

Univision lays off 300, 6% of work force

Univision Communications Inc., the nation’s top Hispanic broadcaster, on Friday laid off 300 people, or 6 percent of the work force, a spokeswoman confirmed.

The company blamed the recession and the “downward pressure this has caused on advertising-related businesses” for the layoffs.

Source: AP

February 25, 2009

The Gazette Co. in Iowa to cut 100 jobs

The Gazette Co., which includes Gazette Communications, The Gazette newspaper and KCRG-TV, announced that it is eliminating about 100 jobs as part of a companywide reorganization.

In a separate blog, Gazette Editor Steve Buttry said he laid off 13 people Tuesday. The company employed 600 people at the time of last year’s flooding.

Source: AP, CNBC

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February 24, 2009

San Francisco Chronicle to cut jobs, might close

According to Reuters: “Hearst Corp will lay off a “significant” number of jobs at the money-losing San Francisco Chronicle, and may shut the daily paper if it cannot cut costs within weeks.”

The paper employs 275 news staff. It is unknown how many employees it has in total. The paper is the 12th largest in the United States, according to the U.S. Audit Bureau of Circulations

February 23, 2009

Yahoo News Manager Neeraj Khemlani Is Leaving to Join Hearst

According to Bloomberg: “Yahoo! Inc.’s general manager of its news unit, Neeraj Khemlani, is leaving to join Hearst Corp. as a vice president handling digital media.

Khemlani, 38, will report directly to Chief Executive Officer Frank Bennack, helping the company shift toward digital content, Hearst said today in a statement. The job starts March 23. At Yahoo, he managed the site’s news, technology, weather and education content, along with Yahoo Finance.”

February 6, 2009

Source: ‘Significant’ layoffs at MPAA

Filed under: media,US — 7macaw @ 10:09 am
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The Motion Picture Association of America, much maligned by file sharers everywhere, has gone through a “significant” round of layoffs, according to a studio source. The source said the layoffs were well over 10 percent and more reductions are expected.

A spokeswoman for the MPAA confirmed the layoffs to CNET News, but declined to provide numbers or percentages. The group battles copyright infringement on behalf of the six largest film studios. How the cutbacks will affect the group’s antipiracy efforts is unclear.

Source: CNET News

February 5, 2009

McClatchy to freeze pensions, suspend 401(k) match, cut jobs

Sacramento-based McClatchy, publisher of The Sacramento Bee and 29 other daily newspapers, on the heels of a $21.7 million loss for the fourth quarter, including frozen pension plans and the suspension of matching funds to its 401(k) retirements plans, the company

Sacramento Bee publisher and president Cheryl Dell said the paper will be making additional expense reductions, including eliminating some jobs.

Source: Sacramento Business Journal

Bloomberg cuts 100 US jobs in broadcast operations

Filed under: media,US,worldwide — 7macaw @ 10:50 am
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Bloomberg LP will cut 100 television and radio jobs in the first layoffs since it was founded in 1981 by now-New York Mayor Michael Bloomberg.

The news and financial data provider will cut the jobs in the United States, 45 of them from its newsroom staff, spokeswoman Judith Czelusniak said, adding Bloomberg might cut other jobs in Britain, Europe and Japan.

Bloomberg would also shut all non-English language television operations, including those in Japan, Spain and France, two Bloomberg sources with direct knowledge of the situation said.

Source: Reuters

January 30, 2009

Los Angeles Times to Cut 300 Jobs, 70 in Newsroom

According to Bloomberg: “Bankrupt Tribune Co.’s Los Angeles Times newspaper will cut about 10 percent of its 3,000 employees, including 70 newsroom positions, as part of a reorganization that includes eliminating a standalone local news section.

Publisher Eddy Hartenstein announced the reductions today in a memo to employees. He didn’t provide specifics on how the job cuts will be implemented or when. “

January 29, 2009

Disney plans 5% job cuts at ABC group

Filed under: Ad Industry,media,US — 7macaw @ 1:43 pm
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Walt Disney Co (DIS.N) plans to lay off 200 people at its ABC division, a Disney executive familiar with the situation said, underscoring the media industry’s struggle with sliding ad sales.

The media giant intends to also freeze 200 vacant jobs, resulting in an overall 5-percent reduction of ABC’s workforce of about 6,500 to 7,000, said the Disney source, who declined to be identified because the company had not announced the cuts publicly.

Source: Reuters

January 28, 2009

Time Warner to Cut 10% of AOL Jobs, Halt 2009 Raises

According to Bloomberg: “Time Warner Inc.’s AOL online unit will cut as much as 10 percent of its workforce because the U.S. recession has forced advertisers to reduce spending.

Employees won’t receive merit pay increases in 2009, New York-based AOL said today in a memo to workers. The number of people fired will total 700, said a person familiar with AOL’s plans.”

“The Warner Bros. film and television unit is eliminating or outsourcing 800 positions. Publishing division Time Inc. said in October it would cut 600 jobs, or 6 percent of the workforce.”

January 23, 2009 lays off 10% of its workforce

Filed under: IT,media,social network,US — 7macaw @ 4:32 pm
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The popular social news site, Digg announced on Thursday that it will cut off 10 percent of its 75 person workforce. The San Francisco Company stated that it aims to focus on developing an advertising infrastructure that will help it to get to profitability in 2009.

On the company blog on Thursday, Digg’s Chief executive, Jay Adelson confirmed a “headcount reduction in certain areas”. Jay Adelson wrote that the overall job cuts at the 75-person company will be “microscopic in size”.

Source: TopNews

January 20, 2009

Google cuts print ads service in bid to trim costs

Filed under: Ad Industry,Google,media,US — DF @ 1:27 pm
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According to MarketWatch: “Google Inc. said Tuesday it’s discontinuing its print advertisements program, a fledgling service that didn’t mesh with the Internet company’s new focus on austerity amid the economic downturn.”

“The closure of Google’s print ads service also follows news last week that the company was undertaking its first-ever round of layoffs, by dismissing roughly 100 members of its recruiting organization.”

Warner Bros. to cut 800 jobs as Hollywood down

According to Reuters: “Warner Bros. Entertainment plans to cut 800 jobs, or 10 percent of its worldwide staff, as Hollywood outsources and downsizes under the weight of the current recession.

The job cuts at Warner follow staff reductions at other major media companies. General Electric Co’s NBC Universal and Viacom, owner of Paramount, have already cut jobs.”

January 18, 2009

Clear Channel expected to layoff 1,500

Filed under: Ad Industry,media — 7macaw @ 9:29 am
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Clear Channel Communications Inc, which operates radio stations and outdoor advertising space, plans to lay off about 7 percent of its U.S. staff. The move will affect about 1,500 employees — mostly in ad sales — of the 20,000 work force in the United States.

Source: Reuters

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