Friday, October 30, 2009
BusinessWeek’s Future Is Cloudy, but Better Than It Could Have Been: The Grim Non-Bloomberg Scenario
BusinessWeek employees are waiting to hear if they’ll have jobs once Bloomberg takes over the publication, and I’m told that staffers expect to hear their fate shortly after Thanksgiving. That has to be unnerving, but I can at least offer a little bit of comfort in the worst-case scenario employees would be facing had they been purchased by private equity firm ZelnickMedia. The short version: Almost everybody gets fired.




It’s been a bad week for the venerable news service aggregator, which seemed hell-bent on confusing everyone about its Internet strategy. Time to sit down with VP Jim Kennedy, who explains that the AP does indeed have a strategy.
Fox News columnist Roger Friedman loves the new “X-Men” movie with Hugh Jackson. But his employers hate his review, which is based on an unfinished version that leaked to the Web last week. It may cost him his job.
It won’t fill the gaping hole opening up in American journalism, but it’s better than nothing. The aggregator has earmarked the money for a handful of staff journalists and a network of freelancers. Hope it’s ready for a crush of resumes.
Just in case any of you Web publishers haven’t picked up on it yet: The New York Times would like you to stop using the stuff it pays to produce. The latest example: The paper has asked design blog Apartment Therapy to unpublish all the Times’s photos it has run so far this year.
The New York Times says Web publishers are increasingly worried about aggregators who hoover up their stories. I can think of one publisher who has been acting that way–the New York Times.




