Friedman Gives Back $75K|Double X Takes On Jezebel|10 Reasons Why Bailing Out Newspapers Is A Bad Idea|Mag Publishers’ Buyout Deal|Bankrupt Tribune Denied Severance
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WebNewser: Slate’s new online women’s magazine, Double X, published a critique of Gawker’s lady blog, Jezebel, on its first day.
Folio: Magazine publisher R.R. Donnelly offers to buy bankrupt rival Quebecor World for $1.3 billion.
paidContent: A bankruptcy court has approved $13 million in bonuses for Tribune Co. employees, but has denied $2 million in severance that was sought for 60 employees. Also, the IRS is investigating the company’s employee stock ownership plan.