The Chicago Sun-Times has opened negotiations with the Chicago Newspaper Guild seeking a new round of staff cuts, Editor in Chief Michael Cooke said in a memo to employees Wednesday. He said the paper had presented union representatives a "package of proposed cuts" but did not disclose the number of reductions the Sun-Times is seeking.
When The New York Times Company released its July results, the 17.9% decline in ad revenue at its news media group wasn’t all that surprising. But the media group’s internet ad revenue turns out to be a real shock: It grew less than 1%, as the big bad economy threatens to undermine traditional media’s best hope for the future.
Members of the 700-strong Newspaper Guild of Greater Philadelphia have voted, 197-79, to push back a $25 weekly raise until Aug. 1, 2009, just a month before expiration of their current contract with The Inquirer and the Philadelphia Daily News. Philadelphia Media Holdings said it needed the postponement to help achieve $10 million in cuts by the end of this year.