Finding it hard to keep track of the near-daily announcements of trouble for Old Media? Let TheWrap do it for you. Here's a look at the most recent bad news.
MAY 12, 2009:
Maverty Media Group
A number of racy gay magazines are being shuttered, including Playguy, Torso, Honchos, Inches and Mandate.
MAY 11, 2009:
Playboy
The magazine reported a $13.7 million net loss during the first quarter, compared to a $4.2 million loss during the same period last year.
WNYC
Multiple sources tell FishbowlNY that senior staffers at the New York public radio station will take a 5% pay cut.
Rolling Stone Mexico
After seven years in the industry, the magazine is shuttering.
MAY 6, 2009:
Television Week
In June, the NewsPro supplement will become a web-only publication.
MAY 4, 2009:
Selecciones
The Reader's Digest Association closed the U.S. edition of the magazine. The June issue will be its last.
Arkansas Democrat Gazette
The paper announced Monday that it had laid off 16 people from their jobs in the Little Rock and Northwest Arkansas newsrooms.
Boston Globe
The New York Times Co. reached agreements with six of the seven unions involved and will not file the closing notification for the paper.
MAY 1, 2009:
Men's Journal
Gawker hears that the magazine laid off five women today.
The Boston Globe
The paper's biggest union has asked the New York Times to extend today's midnight deadline to come up with $20 million in cuts to keep the paper from shuttering. The Boston Newspaper Guild asked for the extra time because it says management made a mistake and counted $4 million of previous salary cuts in saving options.
Tribune's Morning Call
An estimated 70 employees will be cut from the newspaper.
APRIL 29, 2009:
The New York Times
The Newspaper Guild, the union that represents newsroom and other employees of The New York Times, reached a tentative agreement over a 5 percent salary cut that had been reached by management.
APRIL 28, 2009:
Atlanta Woman
The magazine is shutting down and releasing its final issue in May.
Baltimore Sun
The paper laid off at least 15 staffers from editorial, including the copy desk chief and a deputy managing editor, reports the Baltimore Brew.
APRIL 27, 2009
Portfolio
Conde Nast is finally shuttering Portfolio, the glossy magazine that cut about 20% of its staff and went from publishing 12 times a year to 10 last fall. The magazine's website will also be discontinued.
PRWeek
Citing an advertising revenue shortfall, the weekly - delivered like a tabloid - is going monthly and will be in magazine format. It's online content, once free, will now be available by subscription-only.
The Audit Bureau of Circulations
The organization reported its spring figures which showed, not suprisingly, that newspapers are continuing to shed readers at a rapid rate. Of 395 newspapers, daily circulation fell 7$ compared to last March, while Sunday circulation was down 5.3%.
APRIL 24, 2009
NPR
Employees will not be paid for three holidays -- Memorial Day, Independence Day and Labor Day -- this year and three more when the new fiscal year begins in October.
