NYT plans to cut 100 newsroom jobs by the end of this year. No word yet on how that will affect the DC bureau. FishbowlNY has executive editor Bill Keller‘s internal memo, which says, “As before, if we do not reach 100 positions through buyouts, we will be forced to go to layoffs. I hope that won’t happen, but it might.”

• A study by former WaPo executive editor Leonard Downie, Jr. and Columbia University’s Michael Schudson says government should help subsidize local journalism. “Rather than depending primarily on shrinking newspapers, communities should have a range of diverse sources of news reporting. They should include commercial and nonprofit news organizations that can both compete and collaborate with one another, adapting traditional journalistic forms to the multimedia, interactive capabilities of digital communication.” Downie and Schudson make a number of suggestions of public sources of support in today’s WaPo.

• And congrats are in order… The Atlantic‘s James Bennet is Ad Age’s Magazine Editor of the Year.