Results tagged “newspaperindustry”

Your print edition of the NY Times may be getting slimmer and slimmer. According to the Observer's sources, "The New York Times plans to eliminate several weekly sections, including its stand-alone City Section," plus "There are also discussions to eliminate the regional weeklies in New Jersey, Long Island, Westchester and Connecticut, and the Friday Escapes section as well." This is the latest in a series of moves that the newspaper is taking to cut costs (last week, layoffs and salary cuts were announced) and it seems the City section, which arrived on Sundays with lengthy features about blog commenters and the subway, may only have four more issues left. Here are Times executive editor Bill Keller's remarks to the newsroom—one question left unanswered: What will the Weekender do?!? Also, last October is when the Metro section was rolled into Section A.

News of the troubled newspaper industry was the second story on The Daily Show last night (following Blago, natch). There's the Tribune declaring bankruptcy, the fate of papers all over the country in peril, and, of course, the "sodomy-loving" NY Times' worsening fiscal situation. Noting how the Times is taking out a $225 million mortgage on their new headquarters in Midtown, Jon Stewart said, "This after an earlier plan to lease the building as a jungle gym for French douchebags proved unprofitable. So, the NY Times response to a fiscal crisis brought on by irresponsible mortgages is...to take out another mortgage."