RD Recap: Turmoil at NY Daily News; New Hires at Time

The New York Daily News cuts a huge chunk of institutional knowledge as it attempts to get close to profitability. The biggest name is columnist Mike Lupica, who says goodbye after getting a lowball contract offer from owner Mort Zuckerman. (Lupica might be back, though.) Sports editor Teri Thompson, sports writer and columnist Filip Bondy and political columnist Bill Hammond are three others searching for new jobs, along with almost 50 more. Editor in chief Colin Myler left and moved back to London last week, with executive editor Jim Rich planning to take his spot.