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Revolving Door Newsletter: 06.17.05

Viacom melts down, Sunset buys out, and lots of movement in the photo community.

June 17, 2005
It may be summertime, but the living ain't been easy so far for serfs working for the big media conglomerates. Bertelsmann finally cut bait on Gruner + Jahr (reducing the staff of Fast Company, still twisting in the wind, to woe-is-us postings on the magazine's blog), while Viacom has decided to split itself in two, leading some to wonder whether Simon & Schuster will be jettisoned as just some no-growth hunk of non-synergistic nostalgia. And if HarperCollins or some other publisher were to buy it, would the staff stay intact? The media cognoscenti are muttering sagely ...

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