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Profit at Los Angeles Times Owner Tribune Co. Plummets 41 Percent (LA Times / Money & Co.)
Earnings at Tribune Co., parent of the Los Angeles Times, fell sharply in the first quarter as advertising revenue continued to slide and the company incurred a big tax bill. The company reported net income of $58.4 million in the three months, a 41 percent plunge from the $99.1 million in the year-earlier period. Revenue slid 3.3 percent to $705 million and pretax income declined 7.8 percent to $80.2 million. SCPR / The Breakdown The Los Angeles Times laid off an unspecified number of employees Friday, newspaper spokeswoman Nancy Sullivan confirmed to KPCC. Sullivan declined to specify how many employees lost their jobs or which departments were affected, saying only that the paper “undertook a modest staff reduction.” Times staff members — who spoke on the condition of anonymity because they were not authorized to speak for the company — said about 20 employees were laid off. The graphics department took a huge hit, the employees said. TheWrap / MediaAlley In a letter to the newsroom obtained by TheWrap, editor Davan Maharaj and managing editor Marc Duvoisin called the layoffs “difficult” before describing a plan for a more sweeping overhaul of the website and alluding to “new recruits.”
Posts Tagged ‘The New Yorker’
The latest New Yorker cover is yet another example of why magazines will never disappear. That illustration is almost too good.
The New Yorker has named Breda O’Reilly as its new advertising director. She comes to the magazine from The Guardian, where she served as its director of sales since last year.
Below is the announcement from Lisa Hughes, VP and publisher of The New Yorker.
O’Reilly’s appointment is effective June 24.
The New Yorker has launched an anonymous online tip box called “Strongbox.” The tool is designed to allow anyone to send a document, file, image, whatever, to the New Yorker, while keeping their identity a total secret. It’s basically WikiLeaks for pretentious people. Kidding!
The Wall Street Journal has something similar called SafeHouse, but that had several security flaws. And since you never hear about it, it seems like it’s not going so well. The New Yorker recognizes that something could go awry when submitting. In a post about the tool, the magazine states, “Strongbox does not provide perfect security. Among other risks, if you share your unique code name, or if your computer is compromised, any activities, including communications through Strongbox, should be considered compromised as well.”
If you’re willing to take that risk, have at it. Start sending your cartoons of pigs at the complaint department today.
One day The New Yorker publishing a Mother’s Day cover featuring two moms won’t be a thing, but for now, it still is. However, we’re getting there. For example, our first reaction to this cover was “Man, that’s a nice kitchen.”
Few people today don’t know—or have in their families—at least one loving couple who are raising children, same-sex or not. And it’s really just the loving part that matters. That same-sex marriage could go from its preliminary draft of ‘diagnosable’ to the final edit of ‘so what?’ must indicate some positive evolution on the part of the larger human consciousness.
Welcome back to another edition of FishbowlNY’s weekly Cover Battle. This time around we have The New Yorker versus Elle Decor. The latest New Yorker features a great illustration about travel in the future. As you can see, even when we’re capable of blasting people out of a canon, there are delays.
Welcome back to FishbowlNY’s weekly Cover Battle. This week we have The New Yorker versus The New York Times Magazine. The New Yorker went with a fantastic and realistic illustration of a skier. The only thing missing is a cast wrapped around at least one appendage.
Here’s a look at what FishbowlNY stories made the most buzz this week.
- WFAN Making the Move to FM in November, October 8
- NYT Staffers Walk Out: ‘We’re Just Looking for a Fair Contract,‘ October 8
- Consumer Reports to Make Dozens of Layoffs, October 5
- Cover Battle: Popular Mechanics or The New York Times Magazine, October 11
- Jack Welch Quits Contributing to Fortune and Reuters, October 9
- The New Yorker Mocks President Obama, October 8
President Barack Obama and staff might want to avoid the latest issue of The New Yorker, because the cover sums up the first presidential debate quite nicely.
Boy, that liberal media sure does like to kick Obama when he is down.
About 83.4 percent of the time, The New Yorker’s cartoons aren’t funny. Yet despite that, it’s difficult to find something wrong with them, because they’re odd and vaguely interesting. Facebook, however, has little trouble picking something upsetting about New Yorker cartoons: Nipples. The New Yorker’s cartoon page on Facebook was temporarily banned from the site because a cartoon featuring tiny nipples on a woman’s body violated Facebook’s community standards.
As The New Yorker notes, it wasn’t the man’s nipples that got it banned; male nipples, according to Facebook, are fine. Something called “female nipple bulges” and female nipples, are not.
Please take this into consideration the next time you’re posting pictures from a party. If The New Yorker can get banned for cartoon nipples, anything can happen.
[Image via Mick Stevens/The New Yorker]