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Revolving Door Newsletter: 12.08.09

Buyouts at NYT; Bloomberg Poaches BW Prez from Dow Jones

December 8, 2009
It's buyout time at The New York Times, and the list includes some big names. Four business writers, including two who've been around since the '80s, are leaving, as well as multiple photo editors and editors on many levels. Still, the number of departures won't reach the 100 mark, meaning executive editor Bill Keller will have to lay off some staffers. Rumors are flying that most will come from the sports and Metro desks. The good news? Fortunes are slowly improving as fourth quarter online ad revenue is expected to climb 10 percent, while print will decline a quarter....

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