Washington Post Co plans to offer a new round of buyouts in 2009 to employees at its namesake, money-losing newspaper and cannot rule out layoffs, its publisher said on Thursday.
Washington Post Co plans to offer a new round of buyouts in 2009 to employees at its namesake, money-losing newspaper, according to a memo obtained by Reuters on Thursday.
In a grimy part of eastern Paris a morning editorial conference is underway, similar to the planning meetings that go on in newsrooms everywhere, except this one is being blogged live and readers can join in.
U.S. newspaper circulation fell sharply in the six months leading through March, with the exception of the two largest national dailies, USA Today and The Wall Street Journal, as more readers turn to online sites to read the latest news.
News Corp. CEO Rupert Murdoch faces challenges following media ownership rules that the Federal Communications Commission recently adopted, as it nears completion of a deal to acquire Newsday.
The New York Times Co said on Monday it will end its paid TimesSelect Web service and make most of its Web site available for free in the hopes of attracting more readers and higher advertising revenue.
Parody publication The Onion Inc. announced that it is expanding its offline publications by opening a new bureau in the nation's capital today.
