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Posts Tagged ‘Peter Canellos’

Morning Media Newsfeed: Turner to Cut 10% of Staff | Politico Names Executive Editor

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Turner to Cut 10 Percent of Workforce (TVNewser)
As part of Turner 2020, the cost-cutting and reorganization plan announced earlier this year, the parent company of CNN, HLN, TBS and others has announced it plans to cut 1,475 jobs. CNNMoney Turner Broadcasting, a unit of Time Warner Inc., will cut its total workforce by about 10 percent in the coming weeks through a mix of buyouts, layoffs and other measures, the company said Monday. Capital New York The headcount reduction will include buyouts of staff over the age of 55, layoffs and unfilled open roles. Staff that will be laid off will be informed within the next two weeks. That number also takes into consideration the addition of 150 new jobs in “growth areas” at the company. THR The cuts will come at all levels from across the news, entertainment, kids, young adult and sports networks and businesses as well as corporate functions, in 18 Turner locations around the world. About 300 positions will be eliminated within CNN Worldwide, or about 8.5 percent of the roughly 3,500-strong workforce. WSJ This summer, Time Warner rebuffed a takeover bid from 21st Century Fox Inc. Time Warner CEO Jeff Bewkes is under pressure to show Wall Street the company can deliver growth — and a higher stock price — on its own.

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Peter Canellos Joins Politico

Peter Canellos, a 26-year veteran of The Boston Globe, has been named Politico’s new executive editor. Canellos announced he was leaving the Globe last month.

Canellos was named the Globe’s editorial page editor in 2009. Prior to that he served as the paper’s Washington bureau chief.

In a memo announcing the move, Politico’s editor Susan Glasser wrote, “Peter’s had a long record of accomplishment at the Globe – and you should look at all the wonderful things his many hires over the years had to say about Peter when he recently announced he was leaving as the paper’s editorial editor.”

WSJ Cuts Down Frequency Of Ad Column|Boston Globe Names New DC Bureau Chief|ABC News Refutes RNC Claims Of Unfairness|Brian Graden Leaves MTV|It Will Get Better For Mags, After It Gets Worse

AgencySpy: The Wall Street Journal will be running its advertising column less often — twice a week instead of five times. Says the ‘Spy: “The section has been around for decades, and after you cut it to twice a week, there’s not much left to cut.”

FishbowlDC: The Boston Globe has named political editor Christopher Rowland DC bureau chief. He is replacing Peter Canellos who was moved up to edit the Globe‘s editorial pages last week.

TVNewser: ABC responded to the Republican National Committee’s claim that the network is excluding “opposing voices” during next week’s planned coverage of Pres. Barack Obama‘s national health care plan.

New York Post: MTV Networks’ Brian Graden “is leaving as part of a broader reorganization” of the company. He is credited with bringing shows like “South Park” and “The Osbournes” to MTV and Comedy Central.

Mediaweek: New research predicts that the magazine industry will rebound by 2013 but only after hitting an all time low sometime soon.