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The White House Shows Love To MSNBC|Hangin’ With Mr. Geithner|Things Are Not OK At OK!|Ex-Portfolio Publisher Gets A New Gig|The Kindle Isn’t Cutting It

FishbowlDC: White House adviser Kareem Dale reveals the Obama administration’s warm, fuzzy feelings for MSNBC

The Deal: Treasury secretary Tim Geithner has a habit of hanging out with financial journalists

FishbowlLA: Staff shakeups and an ominous memo may mean more layoffs to come at OK! magazine

New York Observer: Former Portfolio magazine publisher William Li has been named the associate publisher of Conde Nast Traveler

Wall Street Journal: Publishers are hoping someone comes up with an alternative to Amazon’s Kindle e-reader

Boston Globe Stayin’ Alive (For Now)

boston-globe-logo.jpgToday, the New York Times Company released a statement saying that it will not be shutting down the Boston Globe in the immediate future. The NYTCO, which owns the Globe, had threatened to close the paper if the unions representing Globe staffers didn’t agree to $20 million in budget cuts. Even though the Globe is going to remain open for the time being, major financial problems at the Times Company and continued disagreement between management and the Boston Newspaper Guild means that there is still a possibility the paper might eventually be closed.

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The FishbowlNY Newsstand: Your Morning Glance

Tonight’s The Night For The Boston Globe

boston-globe-logo.jpgThe Boston Globe may have just a couple hours to live. In April, the New York Times Company, which owns the Globe, said they would be forced to close the paper if the unions representing Globe staffers can’t agree to $20 million in budget cuts by midnight tonight. As the deadline approaches, the future of the 137 year-old paper is still in doubt.

> Update, Saturday a.m.: “The Boston Globe received an eleventh-hour reprieve early this morning when its owner, the New York Times Co., agreed to extend the deadline for unions to agree to $20 million in concessions until tomorrow.” Boston Globe

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Swine Flu Hits Hollywood|A Nasty Surprise At Wenner Media|Anna Wintour’s Poor Posture|Layoffs At US News|The Last Word On Portfolio

FishbowlLA: Due to the swine flu pandemic, Hollywood studios are delaying movie releases in Mexico

New York Post: Wenner Media staffers get a surprise pay cut

Flickr: Rachel Sklar of Abrams Research shot some video featuring Vogue editrix Anna Wintour awkwardly slouching at the Ellies

FishbowlDC: US News lays off five employees

Newsweek: Joanne Lipman’s final thoughts on Portfolio

Portfolio Editor-In-Chief Fires Back

lipmanbg2.jpgWe haven’t heard much from former Portfolio editor-in-chief Joanne Lipman since her magazine folded Monday. Now Lipman’s back in the pages of the New York Post with a few choice words for some of her harshest critics.

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The FishbowlNY Newsstand: Your Morning Glance

ASME Is In No Mood To Party|Time Warner Wants To Ditch AOL|MSLO Takes A Hit|A Bad Day At The NAA|The Boston Globe Talks Are Looking Good

WWD: Since the magazine industry is screwed, the American Society of Magazine Editors is scaling back the party for tonight’s National Magazine Awards

New York Times: Time Warner is nearing a decision to spin off America Online

Reuters: Martha Stewart Living Omnimedia reports a $16.8 million first quarter loss because of a bad deal with KMart and falling magazine revenues

FishbowlLA: The Newspaper Association of America is laying off half of their staff and folding Presstime magazine

Editor & Publisher: Boston Globe publisher P. Steven Ainsley seems optimistic about the negotiations to keep the paper alive

Layoffs Leading to Digital Future For Baltimore Sun

baltimoresundigitalfuture.jpg

This week the Baltimore Sun laid off 61 newsroom staffers. The cuts represent nearly a third of the paper’s newsroom, which previously had 205 employees. Staff were notified of the layoffs Wednesday and, in some cases, on Tuesday evening. Three reporters and a photographer got the news that they were losing their jobs by phone in the press box during last night’s game between the Baltimore Orioles and the Los Angeles Angels. In the past few weeks, the Baltimore Sun Media Group has also made cuts at its Patuxent Publishing chain of community newspapers in Maryland.

The Sun is owned by Tribune Co., which filed for Chapter 11 bankruptcy in December. Last year, revenues and circulation were both down at the paper.

Since 2006, Ted Venetoulis, a local Baltimore businessman who owns a chain of community newspapers, has led a group of other area investors who have been seeking to buy the Sun from Tribune. Rick Edmonds of the Poynter Institute, who spoke with Venetoulis yesterday, said Venetoulis thinks the cuts indicate that Tribune’s desire to “continue running the operation itself rather than selling it.” Venetoulis also told Edmonds that his group was close to reaching a deal to buy the Sun from Tribune just a few weeks ago, but that negotiations were postponed due to the bankruptcy proceedings.

If Tribune does decide to hold on to the paper, there are many signs that they’re considering making it a Web-only news operation. In an article about the layoffs, Baltimore Sun Media Group spokeswoman Renee Mutchnick told Sun reporter Lorraine Mirabella that the cuts were part of a restructuring plan for the newsroom aimed at turning the paper into “a 24-hour, local news-gathering media company so we can more effectively gather content and distribute it among our different platforms: print, online and mobile.” Two weeks ago, in a seminar at Johns Hopkins University, Sun editor Monty Cook told the audience: “We have to stop being a newspaper company. Right now. We are a digital media company.” FishbowlNY reached out to Mutchnick and Cook to ask about their plans for the Sun, but as of this writing, they have not responded to our request for comment on this story.

The FishbowlNY Newsstand: Your Morning Glance

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