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Thomson Reuters to Cut 3,200 Jobs by 2020, Offer Fewer Products

Thomson Reuters Corp. said it plans to cut its workforce by 12 percent, or 3,200 positions, by 2020 as part of a push to reduce spending. The company also expects to have about 11 percent fewer products. ...
Source: Adam Manzor, Bloomberg
Posted: Dec 04, 2018

Nexstar to Acquire Tribune Media for $4.1 Billion

Nexstar Media Group agreed to acquire Tribune Media Co. for $4.1 billion in a deal set to create the largest operator of local television stations in the U.S. Including the assumption of debt, the takeover price amounts to ...
Source: Georg Szalai, Hollywood Reporter
Posted: Dec 03, 2018

Mic Has Laid Off the Majority of Its Staff

Mic is laying off the majority off its staff while the digital publisher works on a deal to sell the remainder of its assets to Bustle Digital Group. Until today the company had employed more than 100 people. ...
Source: Peter Kafka, Recode
Posted: Nov 29, 2018

Commentary: Trump’s ‘Worldwide Network’ Is a Great Idea, But It Already Exists

Frustrated by CNN, with which he has an ongoing beef, the president suggested that the United States create its own “worldwide network to show the World the way we really are — GREAT!” ...
Source: Amanda Bennett, VOA
Posted: Nov 28, 2018

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