Tuesday, July 15, 2008

Sprint Nextel Buyout? CNBC: Korean carrier in talks to buy Sprint. (AP) -- South Korea's SK Telecom Corp. is in talks to buy struggling U.S. wireless carrier Sprint Nextel Corp., business news channel CNBC reported Tuesday [PhysOrg.com - latest science and technology news] 6:40:05 PM

Media Hollywood Reporter Continues Retrenchement: Lays Off 10 Editorial Staff. Los Angeles' media companies are bleeding, and it is not just restricted to LA Times: both the trades Variety and The Hollywood Reporter are doing their own reorg efforts. THR laid off 12 people last week, including 10 editorial staffers, reports Folio. The layoffs are part of Nielsen Business Media's "reengineering" effort to streamline workflow across all publications, the company spokesperson told Folio. This comes after THR redesigned and relaunched its print and online editions in April. Also in April, Nielsen Business Media laid off about 40-50 staffers, across its media publications of Adweek, Brandweek, Mediaweek, Editor & Publisher and THR. How long before NBM comes on the market, officially? Its counterpart Reed Business Information, owner of Variety, is in the process of being sold and we understand the book is finally out for prospective buyers. Related THR Relaunches With New Logo and Design; Strange Website Nielsen Business Media Lays Off Between 40-50; Mainly Editorial [paidContent.org] 6:37:12 PM

T in the Park Amy MacDonald Speaks Out Against Stabbings. Scottish singer Amy MacDonald is sickened by a stabbing at this weekend's T in the Park festival - and insists youngsters should put down their knives. Read more! [Starpulse Entertainment News Blog - Music News] 6:59:05 AM