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November 2002
- Risk of Internet Collapse Rising
A recent simulation showed that a massive
Internet attack on major Internet hubs could
cause the entire network to unravel.
Source: BBC 11-26-02
- The End of Email?
1/3 of all emails are spam and the number of spam
emails is rising fast. Regular email as we know it
may come to end. Instead, email may switch to a
whitelisted system where people only accept email
from addresses they have preselected and block email
from everyone else.
Source: Slate 11-25-02
- The Casco Bay Weekly, an alternative newspaper in Portland,
is ceasing publication. The publication has 14 employees.
Source: WMTW 11-25-02
- Salon Doubts Its Ability to Stay Afloat (Again)
Salon.com is still struggling and will soon go under
if it doesn't receive more funding soon. This is
not the first time Salon.com has been in this position. However,
Salon has always managed to raise money at the last minute --
despite the fact that the company has never made been profitable.
Salon Media Group, the parent company of Salon.com,
had an accumulated deficit of about $79.7 million at
Sept. 30, the end of its fiscal second quarter.
Source: SFGate.com, WSJ.com 11-25-02
- Music Swapping Unstoppable
A paper prepared by researchers working for
Microsoft said that attempts by the recording
industry to stop music piracy are "doomed to failure".
The paper suggests that new technologies and
broadband will only make it easier for music swapping
to continue and more difficult for the music industry
to stop it.
Source: BBC, WWForums.com discussion 11-25-02
- The 3.5 year old Berkeley Daily Planet
has ceased publication. Declining ad revenues were
blamed for the newspaper's closing.
Source: SFGate.com 11-25-02
- Simon & Schuster is reducing the number of adult titles
it publishes and letting a couple editors go. Random House
is also making small job cuts.
Source: Publishers Weekly 11-25-02
- Layoffs at Playboy
Playboy Enterprises is cutting 70 jobs (about 8% of its workforce) and
consolidating its L.A. Offices. 25 of the cuts will be at Playboy's
Chicago headquarters.
Source: Chicagobusiness.com 11-21-02
- Reuters Lays Off 150
Reuters has cut 150 jobs at its North American operations.
Source: Editor & Publisher 11-18-02
- Advance Publications is planning to cut 250 jobs at the
Condé Nast headquarters in New York City. According to the
New York Post, Conde Nast is also slow on payments to freelancers
and some writers have not received checks for their July and August
assignments. However, Conde Nast insisted there has been no slowdown
in payments.
Source: New York Post 11-18-02
- America Online Fires 90 People
90 jobs have been cut from the interactive marketing
division of AOL.com.
Source: MarketWatch.com 11-18-02
- VUNet USA Music and Media, an online music division of
Vivendi Universal, is
laying off 50 employees.
Source: Reuters 11-18-02
- iVillage is planning more layoffs after reporting weak
advertising revenues. iVillage plans to cut 30 positions,
about 10 percent of its workforce.
Source: Internetnews.com 11-13-02
- The National Geographic Channel has cut 20 employees from its
National Geographic Today show. The show was recently reduced
from one hour to 30 minutes.
Source: Bizjournals.com 11-13-02
- The Wall Street Journal is laying off 48 editorial employees. These
are part of the 230 job cuts recently announced by Dow Jones.
Source: New York Times 11-12-02
- Online CD Retailers Struggling
Online music swapping is hurting the music industry and the impact
is felt most by online music retailers.
Comparisons of this year's third quarter to last year's
third quarter show that revenues at online music
retailers have dropped nearly 40%.
Source: New York Times 11-11-02
- CDNow is shutting down its Pennsylvania office and laying
off 33 employees. The website will continue to run from BeMusic's
New York headquarters.
Source: Philly.com 11-11-02
- BBC Job Cuts
The BBC plans to cut costs and jobs in the news and
current affairs departments. Some other BBC departments
will also implement recruitment freezes.
Source: The Guardian 10-11-02
- An unauthorized female version of Harry Potter has landed
on bookshelves in Russia. She is
Tanya Grotter and appears in a series of novels by Dmitri Yemets
and published by Eksmo. The Tanya Grotter books
feature similar plots and book covers. Attorneys for J K Rowling
and Warner Brothers are accusing the Russian publisher of plagiarism and
threatening legal action.
Source: BBC 11-11-02
- Major and independent publishers are not alone.
University presses are also negatively impacted by today's weak business
climate. Many university presses are reducing print runs,
cutting back on titles published and looking at cheaper printing
and distribution options.
Source: Chicago Tribune 11-11-02
- Second-Novel Syndrome
Everyone knows that getting your first novel published
with a major publishing house is very difficult.
However, even if you have that special combination of luck and
skill and manage to get published and your novel sells you
will still have that second novel to worry about. Authors often
struggle with their second novel as writer's block, anxiety and
the extra media attention weigh them down.
Source: Village Voice 11-11-02
- BusinessWeek and Forbes Cut Jobs
BusinessWeek has
cut 21 editorial jobs and Forbes has laid off about 25 employees.
Sources: New York Daily News, MSNBC.com, MediaWeek 11-8-02
- Music Sales Plummet
Online music sales have dropped 25% so far this year and
music companies are blaming online music swapping sites like
Kazaa for the huge revenue loss.
Sources: BBC, LA Times 11-6-02
- Voter News Service, a consortium of major news organizations
that surveys voters, was unable to provide
exit poll data on election night after its new computer system failed.
Sources: USAToday.com, Washingtonpost.com, New York Times,
WWForums.com discussion 11-6-02
- Reuters, which laid off 1,000 employees this year,
is planning additional
layoffs in January, 2003. Reuters recently lost a
$1 billion contract with Merrill Lynch.
Sources: NYTimes.com, Marketwatch.com 11-6-02
- Nasty Ecards Hide Porn and Stealth Downloads
Some electronic greeting cards contain porn and software
that secretly downloads when the receiver accepts their
ecards. The software downloads can launch pop-up ads, record
phone conversations and send email addresses from the person's
address book to the marketer.
Source: TechTv.com, CNN 11-6-02
- Tower Records is ceasing publication of Pulse!, its
entertainment magazine. 19 employees will be cut from the magazine
and an additional 63 positions will be cut elsewhere at Tower Records.
Source: Bizjournals.com 11-5-02
- American City Business Journals Inc. is ceasing publication
of two technology newspapers. The Potomac Tech Journal and
Front Range TechBiz will both cease publication.
Source: Washingtonpost.com 11-5-02
- Dow Jones, publisher of The Wall Street Journal, is cutting
230 jobs. The publisher blamed current difficult business
conditions for the need to make the cuts. Dow Jones will also be
freezing salaries of many managers and senior executives. The New York Times reported
that Dow Jones has laid off 1,119 employees since 2000.
Source: New York Times, Smart Money 11-5-02
- TechTV is closing offices in in New York, Seattle and Silicon Valley
and laying off 19 employees.
Source: MarketWatch.com 11-4-02
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