Friday, September 19, 2008

Daily News loses 25 to buyouts

The New York Daily News, a tabloid in New York City with a circulation of nearly 800,000 in 2006 making it one of the top ten largest in the country, has lost 25 of its employees to buyouts, the New York Post reported Sept. 19.

The names of those who accepted the buyout were not released, but since the goal of 25 employees was met, there will be no layoffs.

Expected to depart, though, are a few top staffers including award-winning photographer Michael Appleton, drama critic Howard Kissel, Tamer El-Ghobashy who covered Hurricane Katrina for the News, and editorial writer Karen Zautyk, according to a media column in the New York Post.

The Daily News competes with two other large tabloid dailies in New York City: Newsday and the New York Post. Newsday was bought by Cablevision in May of 2008 while the Post remains in the control of Rupert Murdoch, who also bought the Wall Street Journal in 2007.

The Boston Globe also reported that the News is going to get rid of its religion column by former New York Times writer Ari Goldman.

Read more about the layoffs at the Daily News here.

--

New York Times stock improves because of online advertising revenue growth

Former LA Times environmental reporter becomes editor of Environmental Health News

Boston Herald reaches deal with teamsters to print paper off site

No comments: