Thursday, December 11, 2008
Confirmed: CBS Interactive Restructuring After CNET Deal, Cutting Staff
CBS has yet to announce any cuts or restructuring after acquiring CNET this summer for $1.8 billion. That changes today.
Thursday, December 4, 2008
RealNetworks Cuts 130, 7.5 Percent of Workforce
Next up on today’s layoff parade: RealNetworks, which is cutting 130 jobs, or 7.5 percent of the workforce. Standard explanation: The company is trying to “bring expenses in line with revenues in a time of economic turmoil.”
Tuesday, December 2, 2008
Newest Unpleasant Ad Numbers: Mortgage Ads Down 62 Percent
It’s no surprise that financial advertising has slowed down in the first three quarters of 2008. The surprise is that it’s only been a 10 percent reduction, according to Nielsen. But next year will be worse, of course.
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About Peter
Peter Kafka has been covering media and technology since 1997, when he joined the staff of Forbes magazine. Most recently, he has been the managing editor of the tech and media Web site, Silicon Alley Insider.
Ethics Statement
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
