Do you want a piece of me?

Miss Bad Media Karma another day another drama

As the saying goes, all press is good press. I would tend to agree with said individuals, but not all press like to keep their employees around to feel that way. The New York Times is planning on laying off over 100 newsroom jobs as a result of decrease in advertising. All the news that is fit to print may not be all there anymore. This news comes after reports that the NY Times, Tribune, Gannett and Hearst are joining forces to attract more national readers to their online databases to create more revenue for advertising.

"The debut comes as newspapers continue to report print ad-revenue declines, even as many appear to be gaining a foothold online. According to a recent Newspaper Association of America report, Web sites saw a healthy increase in unique monthly visitors in 2007 - to 60 million a month. And print-ad revenue declined 9 percent in last year's third quarter to $10.1 billion, while online ad revenue rose 21 percent to $773 million in the same period, the association said."
-Newsday

I don't really have a point to my post today, I'm just sad and disappointed at what the world, the economy and now the journalism industry has come to. I suppose the four conglomerates had no other choice...apparently everyone wants a piece.