By Rachel on January 24, 2006 10:54 AM
- Knight-Ridder is planning to cut jobs and benefits and reduce newspaper sizes, which is never a good sign for a company’s 18,000 employees or the journalism they churn out at places like The Philadelphia Inquirer. [WSJ]
- More from the WSJ, this time about the WSJ: Apparently WSJ writer Tunku Varadarajan made a rather anti-Semitic sounding observation about New York reader favorite Bernard-Henri Lévy, describing him as having “”an upward tilt of a nose so aquiline one might hang a hat on it.” Unfortunate phraseology, that. [Arts Journal via Romenesko]
- Profits drop precipitously at the NYT: Wow – today the NYT reported that its profits have dropped by 41 percent despite large gains in advertising revenue showed a surprisingly large increase – mainly because of high severance (cough Judy Miller cough) and stock-options costs. It will be increasing the cost of home delivery as a counter-meausre, and hopefully convincing peole to buy TimesSelect. [NYT]
- Stephen Harper is Canada’s new Prime Minister. That’s depressing Canadian news. (Sorry, couldn’t resist.)[WaPo]
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