PaidContent: Layoffs and closures are expected at Reed Business U.S. after the company has failed to sell off a bulk of its magazine portfolio. Read the memo from CEO John Poulin here.
Gannett Blog: Although the company is starting the year with the lowest number of employees since 1997, Gannett’s employment outlook looks better than last year.
WWD: Some New Year resolutions from magazine editors, including getting more ad pages and booking more celebrities for covers.
Wall Street Journal: Ad spending may have ticked up at the end of 2010, giving some hope for the coming year, but publishers are still cautious.
Daily Beast: Tina Brown says stop blaming the Internet for the death of newspapers. “American newspapers are dying mostly because they were so dull for so long a whole generation gave up on them. They needed to innovate back in the Fax Age of the 1980s but were too self-important and making too much money with their monopolies to acknowledge it.”