When I first began this post, I thought about listing the dead tree media conglomerates that are collapsing. But it would be easier to list the healthy ones. Aside from the few big blue papers that have cashed in on the resistance many, the New York Times and the Washington Post, it’s all imploding.
Here’s some of the state of play from the winter.
Gannett, the giant behind USA Today and many local lefty papers such as the Arizona Republic, the Detroit Free Press and the Milwaukee Journal Sentinel, fired 400 employees.
McClatchy, another newspaper giant, which publishes the Miami Herald, the Kansas City Star and the Charlotte Observer, among many others, announced voluntary buyouts for 10% of its employees after having fired 3.5% of its staff or 140 employees back in August. Tronc, another publishing giant, has already been making major cuts at newspapers like the New York Daily News and the Los Angeles Times.
I’m not even mentioning the digital media cutbacks though they are very much of a reality. And Vice just took another beating. […]
Read the full story from Front Page Mag
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