The Next Oprah|WashingtonPost.com Layoffs|Harbinger Cuts NYTCo. Stake|James Murdoch’s Thoughts On Papers

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By Amanda Ernst Comment

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TVNewser: Take the poll: Who is the next Oprah?

MediaJobsDaily: The Washington Post Co. laid off staffers today from washingtongpost.com.

Reuters: Hedge fund Harbinger Capital Partners, which now owns a 14.64 percent stake in The New York Times Co., cut its stake from 16.38 percent in September.

Guardian: Rupert Murdoch’s son James sees a smaller role for newspapers than for TV in the future. “In the business of ideas, which is the business that we are in, we do think journalism plays a role, and we do think there are business models there that will make a lot of sense, albeit perhaps not at the scale of some of our broadcasting businesses and other entertainment businesses,” he said. “Is it going to be as big a role? No. Structurally, television is vastly more profitable and a big opportunity.”

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