Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Cuts Loom at Newsweek (Dinosaur Media DeathWatch™)
WWDMedia ^ | September 9, 2010 | Matthew Lynch

Posted on 09/09/2010 1:52:07 PM PDT by abb

By most accounts, The Washington Post Co. promised to sell Newsweek to Sidney Harman last month largely because his bid promised to keep the most employees in place. The question of layoffs at the struggling magazine has since seemed more a matter of “when” than “if.” The future cleared up a little on Wednesday at a company meeting held by Harman and chief executive officer Tom Ascheim at the magazine’s Hudson Street offices. Staffers learned their new owner will retain 75 percent of the company’s employees, and that the entire workforce will receive letters on Sept. 24 containing either a job offer or a severance package, a source with knowledge of the meeting said. When The Washington Post Co. announced the sale on Aug. 2, a spokeswoman for the publisher said the magazine had 350 employees, which would mean about 90 severance deals. The final number could be less, given the flood of high-profile editorial departures in the last month.


TOPICS: Business/Economy; Culture/Society; Extended News; News/Current Events
KEYWORDS: advertising; dbm; magazines; newsweek
Thursday afternoon good news.
1 posted on 09/09/2010 1:52:13 PM PDT by abb
[ Post Reply | Private Reply | View Replies]

To: 04-Bravo; aimhigh; andyandval; Arizona Carolyn; Bahbah; bert; bilhosty; Caipirabob; carmenbmw; ...

ping


2 posted on 09/09/2010 1:53:01 PM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
[ Post Reply | Private Reply | To 1 | View Replies]

To: abb

“We are all socialists now” cover story...

Wonder what went wrong??


3 posted on 09/09/2010 1:55:11 PM PDT by GeronL (http://libertyfic.proboards.com <--- My Fiction/ Science Fiction Board)
[ Post Reply | Private Reply | To 1 | View Replies]

To: abb

Going going ........


4 posted on 09/09/2010 1:55:43 PM PDT by jmaroneps37 (Conservatism is truth. Liberalism is lies.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: abb

“containing either a job offer or a severance package”

It’s safe to assume that the job offer will be at a lower rate of pay...but, you can always quit.


5 posted on 09/09/2010 1:55:50 PM PDT by Clioman
[ Post Reply | Private Reply | To 2 | View Replies]

To: abb

I wonder if the knee-pad Marxist phonies will find work sniveling at the WH?


6 posted on 09/09/2010 1:56:54 PM PDT by wac3rd (Somewhere in Hell, Ted Kennedy snickers....)
[ Post Reply | Private Reply | To 1 | View Replies]

To: abb

Story out today the New York Times will be strictly online soon.

Bye bye LSM!!!!


7 posted on 09/09/2010 1:56:56 PM PDT by TigerClaws
[ Post Reply | Private Reply | To 1 | View Replies]

To: GeronL

I wonder if they could get some TARP money to keep all their staff for a few more years? The are obviously and asset to the Democrats, and they are in trouble...


8 posted on 09/09/2010 1:58:16 PM PDT by SC Swamp Fox (Aim small, miss small.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: abb
There goes $.25 out of the $1.00.

Is Newsweek now worth $.75?

9 posted on 09/09/2010 1:58:53 PM PDT by Leo Farnsworth (I'm really not Leo Farnsworth.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SC Swamp Fox
and an
10 posted on 09/09/2010 1:59:53 PM PDT by SC Swamp Fox (Aim small, miss small.)
[ Post Reply | Private Reply | To 8 | View Replies]

To: abb

Well, they have already completely stopped printing ads...


11 posted on 09/09/2010 2:00:17 PM PDT by Carling (Remember November)
[ Post Reply | Private Reply | To 1 | View Replies]

To: abb

The only value left in the company is the name: NewsWeek.

But honestly, in an era of instant news, what good is a name that advertises it is a week behind the current news?

NewsDay (taken)
NewsHour (probably taken)
NewsMinute
NewsSecond
NewsNow

All are better names in the internet age.


12 posted on 09/09/2010 2:01:12 PM PDT by Brookhaven (The next step for the Tea Party--The Conservative Hand--is available at Amazon.com)
[ Post Reply | Private Reply | To 1 | View Replies]

To: abb

http://www.broadcastingcable.com/article/456889-TIA_Storming_Hill_And_FCC_On_Title_II.php
TIA Storming Hill, And FCC, On Title II

http://news.yahoo.com/s/yblog_upshot/20100909/pl_yblog_upshot/newsweeks-weymouth-heads-to-washington-post
Newsweek’s Lally Weymouth heads to Washington Post


13 posted on 09/09/2010 2:02:17 PM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
[ Post Reply | Private Reply | To 2 | View Replies]

To: GeronL
“We are all socialists now” cover story...

Wonder what went wrong??

Nothing went wrong!

Socialism worked its magic, like it always does, with people losing their jobs and way of living.
14 posted on 09/09/2010 2:03:41 PM PDT by adorno
[ Post Reply | Private Reply | To 3 | View Replies]

To: Carling
Well, they have already completely stopped printing ads...

It's probably more accurate to say that no advertisers are buying ad space any more.

15 posted on 09/09/2010 2:04:10 PM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
[ Post Reply | Private Reply | To 11 | View Replies]

To: abb

“Newsweek’s Lally Weymouth” is the mother of the publisher of the Washington Post, a part-owner of the corporation, a Graham and impossible to fire.


16 posted on 09/09/2010 2:13:04 PM PDT by La Lydia
[ Post Reply | Private Reply | To 13 | View Replies]

To: abb

http://www.niemanlab.org/2010/09/an-attention-deficit-ethan-zuckerman-on-the-supply-and-demand-of-foreign-news/
An attention deficit: Ethan Zuckerman on the supply and demand of foreign news


17 posted on 09/09/2010 2:13:06 PM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
[ Post Reply | Private Reply | To 15 | View Replies]

To: abb
You misspelled Newsweak.
18 posted on 09/09/2010 2:24:04 PM PDT by E. Pluribus Unum ("The only stable state is one in which all men are equal before the law." -- Aristotle)
[ Post Reply | Private Reply | To 1 | View Replies]

To: abb

There is no news in Newsweak. It’s all opinion.


19 posted on 09/09/2010 2:32:15 PM PDT by Fresh Wind (King: "I have a dream"...Sharpton: "I want a check")
[ Post Reply | Private Reply | To 1 | View Replies]

To: abb


20 posted on 09/09/2010 2:38:31 PM PDT by Chode (American Hedonist *DTOM* -ww- NO Pity for the LAZY)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Chode

21 posted on 09/09/2010 2:46:35 PM PDT by Lockbar (March toward the sound of the guns.)
[ Post Reply | Private Reply | To 20 | View Replies]

To: abb

Yes abb, that was my point. :)


22 posted on 09/09/2010 2:59:12 PM PDT by Carling (Remember November)
[ Post Reply | Private Reply | To 15 | View Replies]

To: abb
So what if Newsweek has lost the respect and trust of their readers... they've won some (liberal) 'prizes' right? Isn't that enough? /s

Hey journolister types - was giving up your job really worth the fun of giving the finger to half the American population? The conservative half? Maybe... there's new joys out there for you - "want cheese on your burger?"...

23 posted on 09/09/2010 3:48:46 PM PDT by GOPJ (http://www.americanthinker.com/blog/2010/09/the_power_of_images_turned_aga.html)
[ Post Reply | Private Reply | To 1 | View Replies]

To: TigerClaws

What is your source for that?


24 posted on 09/09/2010 3:57:18 PM PDT by ConservativeMind ("Humane" = "Don't pen up pets or eat meat, but allow infanticide, abortion, and euthanasia.")
[ Post Reply | Private Reply | To 7 | View Replies]

To: abb

I do not buy Newsweek, but I am delighted to hear that another liberal rag is dying. I will celebrate the day when NPR goes off the air.


25 posted on 09/09/2010 3:58:29 PM PDT by Nosterrex
[ Post Reply | Private Reply | To 1 | View Replies]

To: Leo Farnsworth

They have a plan to increase readership...everyoen who buys a pair of HarmonKardon speakers and/or ear buds gets a free, one year subscription..


26 posted on 09/09/2010 4:00:02 PM PDT by ken5050 (The meek shall inherit the earth, but no way Kendrick Meek beats Marco Rubio)
[ Post Reply | Private Reply | To 9 | View Replies]

To: Leo Farnsworth

They have a plan to increase readership...everyone who buys a pair of HarmonKardon speakers and/or ear buds gets a free, one year subscription..


27 posted on 09/09/2010 4:00:28 PM PDT by ken5050 (The meek shall inherit the earth, but no way Kendrick Meek beats Marco Rubio)
[ Post Reply | Private Reply | To 9 | View Replies]

To: ConservativeMind

Arthur Sulzberger Jr.: “We Will Stop Printing The New York Times Sometime In The Future”
http://www.mediaite.com/online/arthur-sulzberger-jr-“we-will-stop-printing-the-new-york-times-sometime-in-the-future”/


28 posted on 09/09/2010 5:39:00 PM PDT by Lucius Cornelius Sulla ('“Our own government has become our enemy' - Sheriff Paul Babeu)
[ Post Reply | Private Reply | To 24 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson