This site is in pre-alpha, please bear with us. Thank you.
technews.am is a new community for breaking news across the technology sector. We are still in Alpha, so please bear with us.

Entertainment Trades: About 17 Layoffs at THR; Variety Closes DC Bureau

PaidContent  Dec 04 08

The bloodbath in media continues, and this time, at the West coast entertainment trades. We have learned that Hollywood Reporter has done a new round of major layoffs, and about 17 people in total were laid off. It includes people in editorial, art and production, and no senior business executives were affected, as far as we know. Also, no changes yet in the print frequency, though I would expect them to be looking hard at the print product as it exists now. The news was first reported by DHD, and no, the layoffs don't constitute half of THR, but less than that.

Also, at Variety, which is in the process of being sold (or not) as part of Reed Business, some more cuts as well, as the publication has closed its DC bureau. Full story...

More stories from paidcontent »

SEC Watch: SpinVox CEO Used Company 'As A Current Account' While Clocking Up Massive Losses

PaidContent  just under two hours ago

SpinVox’s CEO Christina Domecq had to pay back £125,000 to the company after an investigation in to her use of corporate finances, according to a detailed 70-page filing made by new owner Nuance to the SEC.

PaidContent Quick Hits 02.09.2010

PaidContent  3 hours ago

»  What the ad revenue generated from SI swimsuit edition means fiscally for the rest of the year.

Google To Get Social With 'Buzz'

PaidContent  3 hours ago

Google (NSDQ: GOOG) is trying once again to make a social play with the introduction of a new service that makes it easy for users of its products to post and share updates online.

@ Local Online: Facebook's Kendall: Facebook Ads Are Content (And Vice Versa)

PaidContent  5 hours ago

With Facebook’s Beacon ad targeting debacle a distant memory for most, Tim Kendall, Facebook’s director of monetization, tried a soft sell on publishers and marketers at Borrell Associates’ Local Online Advertising Conference.

Yahoo To Close Yahoo Tech Vertical

PaidContent  5 hours ago

Yahoo (NSDQ: YHOO) is closing yet another of its properties down. The company is shutting down Yahoo Tech, the consumer-focused tech site it launched four years ago.

Diller: 'Ask Is Not For Sale'

PaidContent  6 hours ago

In case you didn’t get it the first few times, yes, IAC (NSDQ: IACI) Chairman and CEO Barry Diller still believes the search market will consolidate—and no, he isn’t trying to make it happen.

@ Local Online: McClatchy's Pruitt: We're Comfortable With Ad-Supported Model

PaidContent  6 hours ago

Taking the podium during day two of Borrell Associates’ Local Online Advertising Conference, McClatchy (NYSE: MNI) chairman and CEO Gary Pruitt described his mixed feelings of ease and discomfort standing there.

MySpace And TargetSpot Partner On Audio Ads

PaidContent  7 hours ago

MySpace has begun rolling out 30-second audio ads, as the News Corp (NYSE: NWS). site continues its shift from a general social network to an entertainment showcase.

WMG's Bronfman Does A Murdoch, iTunes Will Be 'Dwarved'

PaidContent  8 hours ago

Warner Music Group (NYSE: WMG) CEO Edgar Bronfman Jr. couldn’t have made it more clear - the music industry wants to ween itself off its Apple (NSDQ: AAPL) dependency, and it will get do just that when iTunes comes under massive competition pressure from new unlimited and mobile services…

“Digital growth has slowed following iTunes’ introduction of a variable pricing model in April 2009,” he told analysts on WMG’s Q1 earnings call.



Most read today »

Most read this week »

What's New on TechNews.AM