Just in time for the holidays, Spin‘s printing presses have officially stopped spinning. The music magazine, which started way back in 1985, announced today that print edition is officially no more.
Media Winter Redux
Update: A source calls the layoffs “a bloodbath” and estimates that half the editorial staff will be gone.
Newsweek’s print edition is ending in a matter of weeks, and the anticipated staff changes have already begun. Layoffs are expected to be announced this afternoon, a tipster tells us. Meanwhile, we hear that a few Read More
It’s even chillier than we thought over at The New York Times. They are looking for 60 volunteers to take buyouts–not 30 as detailed in executive editor Jill Abramson’s memo, Keith Kelly reports in the Post.
“I hope the needed savings can be achieved through voluntary buyouts but if not, I will be forced to go to layoffs among the excluded staff. I expect that I will have to reduce the excluded staff by about 30 positions,” Ms. Abramson wrote last week. “Excluded staff” means editors and management who are not members of the Newspaper Guild. Read More