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The New York Times Company Sells Off 16 Regional Papers

The New York Times Company is selling its Regional Media Group, which consists of 16 regional papers, to Halifax Media Group. The reason the company is selling them is quite obvious — they’re money pits.

“From 2008 to 2009 advertising revenue at the Regional Media Group fell 30.2 percent, to $193 million,” reported the Times. “Ad revenue fell another 8.2 percent in 2010 to $177 million, according to the company’s 2010 annual report.”

The following papers are involved in the deal: Sarasota Herald-TribuneThe Press DemocratThe Ledger, Star-News, Herald-Journal, Star-BannerThe Gainesville Sun, The Tuscaloosa News, The Gadsden Times, The CourierTimes-News, Daily Comet, The Dispatch, Petaluma Argus-Courier, News Chief and North Bay Business Journal.

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Lauren Berger Writes New Book for Young People Entering "Real World"

Lauren Berger Welcome to the Real WorldCareer Expert, Lauren Berger, releases her second book, Welcome to the Real World: Finding Your Place, Perfecting Your Work, and Turning Your Job Into Your Dream Career (Harper Business), on April 22nd. In this book, Berger shares everything she wishes someone told her after graduation. Her book is the essential guide to anyone starting their first, second, or third job. She encourages readers to be fearless, step outside of their comfort zones, and go after what they want.