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ABC News will make significant job cuts as part of a reorganization, the latest signal that broadcast networks must re-evaluate themselves in competition with cable and others.

"As part of the deep cuts announced this week at ABC News, the network plans to eventually close all of its physical bureaus around the country except Washington and halve the number of its domestic correspondents."

Because of staff cuts, ABC and CBS are relying on journalists who can use digital equipment to produce stories themselves, or just use smaller teams.

The BBC is poised to sell its selection of UK-based magazines, including such titles as BBC Good Food, Gardening World, Top Gear and Radio Times. The corporation is looking to cut over $150 million USD in overhead costs and evidently plans to accomplish this by "looking to move away from physical media" and focusing more deeply on digital media as well as looking overseas for merger opportunities. The BBC has already begun stripping itself of media such as audio books, non-BBC channels outside the UK and two radio stations. It also cut the number of websites it owns by half, resulting in an estimated loss of 600 jobs.

Amazon is playing hardball with book publishers. The Seattle online bookseller says it will give authors a 70% cut of the sale of e-books sold for its Kindle readers, essentially offering writers a way to bypass traditional book publishers.

"The Newspaper Guild accused Reuters of wrongly cutting the pay and benefits of 420 employees, in a complaint filed on Friday with federal regulators"

The BBC is proposing large cuts of its online operations after critics from the Conservative Party and its commercial rivals have claimed that its public funding gives it an unfair advantage over other operations

Viacom is turning the tide after slow growth during the recession. They have implemented cost cutting measures to grow profits with dvd sales and high ratings from quality, thought provoking programs like "Jersey Shore".

Price cuts by the two biggest U.S. wireless providers, AT&T and Verizon, could put beleaguered Sprint Nextel Corp., the country's No. 3 wireless carrier, in an even tighter bind as it fights to turn around its fortunes.

PGA defines Transmedia Producer.

"Walt Disney Co.'s fourth-quarter results should cheer media investors fretting about whether legacy businesses can thrive postrecession. The Burbank, Calif. company just about matched its profit for the last three months of 2008 thanks to strong performances by its cable channels and movie studios. Theme parks, however, stalled in the bad economy as families cut back on luxuries."

NBC, with its exclusive rights to broadcast the Olympics, cut away from the closing ceremonies to debut its new marriage show starring Jerry Seinfeld. Outraged viewers took to twitter, and the incident raised an interesting question of balancing exclusive rights against commercial interests.

Explains strategic challenges faced by bc network news. NBC in strongest position, while ABC and CBS consider merger with CNN. Pressures toward cost cutting and consolidation in the industry. But where will growth come from?

"Professors who wish to engage students during large lectures face an uphill battle. Not only is it a logistical impossibility for 200+ students to actively participate in a 90 minute lecture, but the downward sloping cone-shape of a lecture hall induces a one-to-many conversation. This problem is compounded by the recent budget cuts that have squeezed ever more students into each room. Fortunately, educators have found that Twitter is an effective way to broaden participation in lecture."

"It looks like 99 cents could become the new $1.99 for TV shows on iTunes. A new report puts Apple in talks with CBS about discounting at least a portion of the network's TV shows sold on iTunes to 99 cents, down from the standard $1.99 price point. If true, the move would confirm a previous Financial Times report which asserted that Apple's content partners are considering cutting iTunes TV shows in half when the iPad is officially released come this March."

"Australian internet rights groups fear a piracy court case could force internet service providers (ISPs) to become "copyright cops" and cut web access to customers who illegally download"

"A group of 25 Liberal Democrat candidates has penned an open letter urging the party to rethink its bid to cut off sites accused of copyright infringement. The Lib Dems' Lord Clement Jones successfully tabled an amendment to the Digital Economy Bill which would give courts the power to force ISPs to block sites accused of copyright infringement." The policy has been attacked as "dangerous" by civil liberties campaigners, who \nfear it swings the balance of power in favour of copyright holders and could harm free speech."

The San Francisco Bay Guardian is entitled to half the advertising revenue of the rival SF Weekly to help collect $21 million in damages after a jury verdict of illegal price-cutting, a Superior Court commissioner ruled Tuesday.

"Just 30 or so of the nation's 1,600 digital TV stations are equipped to broadcast M-DTV. The upgrade requires a "relatively modest," $100,000 investment, said Arland. He believes 2010 will see 'many stations jumping on board . . . It's been a 'chicken or egg' thing. They're just waiting for the hardware to come out.'"

"ABC News will sharply reduce its news-gathering staff through buyouts and possible layoffs, the company said on Tuesday. ABC employees said they expected the cutbacks would affect 300 to 400 people, or roughly 25 percent of the news division's work force."

ABC News will sharply reduce its news-gathering staff through buyouts and possible layoffs, the company said on Tuesday. ABC employees said they expected the cutbacks would affect 300 to 400 people, or roughly 25 percent of the news division's work force.