new-york-times

Plunging Profits at Disney, Mort's Plan to Save Papers

cityfile · 05/06/09 11:30AM

• Walt Disney reported that profits plunged 46% last quarter. [Variety, WSJ]
Mort Zuckerman's plan to save newspapers involves bingo. Really! [NYM]
• The New York Times Co. has reached a deal with the unions at the Boston Globe, although it may take a few weeks to vote on the compromise. [E&P]
• NBC's Washington headquarters is contaminated with asbestos! [NYO]
• Tricky Dylan Ratigan isn't joining ABC after all. He's going to MSNBC. [Gawker]
Michael Wolff may hate the New York Times, but if it weren't for the Times, he'd probably have nothing to rant about on his unknown website. [HP]
• Amazon unveiled its fancy, new Kindle reader today. [NYT, E&P]

Secret Deal to Save Boston Globe

Ryan Tate · 05/06/09 04:16AM

Leave it to the tabloid sensationalists at the New York Times Co. and in the Boston Globe newsroom to make labor negotiations exciting. Their complex labor deal to save the paper is TOP SECRET.

The Times Cuts Pay, The Onion Cuts Two Editions

cityfile · 05/05/09 11:59AM

New York Times union members approved a five percent pay cut last night, which takes effect today. Meanwhile, the NYT will resume negotiations with the Boston Globe's largest union at 5pm this afternoon. [NYP, E&P]
• The Onion is killing off its LA and San Francisco print editions. [Gawker, MP]
• How desperate has NBC become? Execs have announced that Jay Leno "is not afraid to experiment with live commercials and with sponsorships." [AdAge]
• Better news for NBC: It scored big with its coverage of the Derby. [NYP]
• Ad spending in the fourth quarter fell 9.2% from a year earlier. [WSJ]
• Writers gathered last night to say goodbye to the Times' City section. [NYO]

Accolades and Annoyances at the James Beard Awards

cityfile · 05/05/09 10:34AM

The James Beard Awards were held at Avery Fisher Hall last night, gifting Jean-Georges Vongerichten's eponymous flagship the title of "Outstanding Restaurant." Other notable winners included David Chang's Momofuko Ko (Best New Restaurant) and opulent dinosaur Daniel (Best Service), with Drew Nieporent (left) knighted Outstanding Restaurateur for his (apparently outstanding) work at Corton and Nobu. But, much like the Costume Institute Gala across town, the night was not without a bit of drama.

Lady Layoffs at Men's Journal?

Hamilton Nolan · 05/04/09 01:27PM

In your cloudy Monday media column: Rumors of woman-centric layoffs at Men's Journal, Warren Buffett gives up on newspapers, Newsweek goes through "the change," job moves galore, and more!:

The Times Backs Down, Wolverine's Big Weekend

cityfile · 05/04/09 11:07AM

• Tense negotiations over proposed budget cuts continue between the New York Times Co. and unions that represent workers at the Boston Globe; in the meantime, the Times has postponed plans to shut down the paper. [NYT, WSJ]
• Another way the Times is planning to rake in some much needed cash: It may raise newsstand prices as early as this week. [FT]
• NBC announced several shows that it plans to add to primetime. One show noticeably missing from the lineup: Law and Order. [Variety, NYT]
• Ex-Portfolio publisher William Li has landed at Condé Nast Traveler. [NYO]
• A positive aspect to the cuts at Conde Nast? Media buyers "say that publishers and salespeople are becoming easier to work with. [Crain's]
Wolverine grossed a whopping $87 million at the box office. [Variety]