In the latest round of job cuts at the Daily News, the newspaper’s sports department got particularly banged up. Sports columnist and Pulitzer prize winner Mile Lupica, who has been with the News nearly 40 years, on Sept. 16 was let go after failing to renew his contact, according to Politico. Longtime baseball columnist Bill Madden was laid off, as well. Ditto for sportswriting mainstays Filip Bondy and Hank Gola.
Daily News owner and real estate magnate Mort Zuckerman apparently is looking to scrub some large salaries from the payroll after recently giving up his efforts to sell the product.
The ongoing editorial erosion at the News does no favors for PR pros, who now will have fewer reporters and columnists to pitch.
Letting Lupica go means the newspaper probably will be less of destination among consumers because there are plenty of people who simply got the daily to read Lupica’s latest musings.
In addition to several sportswriters, other staff members were laid off, including Ellen Tumposky, an editor, and Bill Hammond, a columnist and editorial board member.
We’ll have to see whether the job cuts help the News’ efforts to stay afloat amid the ongoing decline in print media advertising. The newspaper is said to be losing $20 million a year. The paper’s editor in chief, Colin Myler, resigned last week to return to London.
Trump Media & Technology Group today reported a $58.2M net loss on $4.1M in 2023 revenues, a disclosure that drove its stock price down 22.6 percent to $47.96.
Barry Pollack, an attorney at Wall Street’s Harris St. Laurent & Wechsler, has registered Julian Assange as a client with the Justice Dept. “out of an abundance of caution.”
Paramount Global to slash 800 jobs in what chief executive Bob Bakish calls part of an effort to “return the company to earnings growth"... Rolling Stone editor-in-chief Noah Shachtman is exiting at the end of the month due to disagreements with chief executive Gus Wenner over the direction the magazine is taking... The New York Times broke the $1 billion barrier in annual revenue from digital subscriptions in 2023... Press Forward is investing more than $500 million to strengthen local newsrooms.
The majority of news articles are read within the first three days of publication, according to a recent report.
The Los Angeles Times gives pink slips to 115 people or 20 percent of its newsroom staff... TIME is also laying off about 30 employees, which is approximately 15 percent of its editorial staff... The Baltimore Banner, which was launched by Stewart Bainum in 2022 after he failed to buy the Baltimore Sun, added 500 subscribers per day in the three days following Sinclair Broadcast Group's deal to purchase the Sun.
Have a comment? Send it to 
No comments have been submitted for this story yet.