Wall Street Journal
James Taranto begins his Opinion Journal piece today by reporting that the TV show "Journal Editorial Report" will not be discontinued after it leaves PBS. It will be moving to the Fox News Channel beginning in January. Its last PBS airing is December 2. This will no doubt annoy liberals who can't stand the Wall Street Journal's editorialists, but it's quite imaginable that those who like their PBS to be a complete liberal playground will say the Paul Gigot show is moving to its more natural home.
An article in today’s New York Times depicted a grim picture of the future of America’s newspaper industry. Stung by declining circulation rates, most of the nation’s major dailies are laying people off:
“Such rethinking is sweeping newsrooms across the country as the industry faces a wave of job cuts, among them 700 announced since May at The New York Times Company, including its business operations and the various media properties it owns, and 14 at The Hartford Courant. Most recently cuts have been announced at The Boston Globe (a division of the Times Company), The San Jose Mercury News, The Philadelphia Daily News, The Baltimore Sun and Newsday, and over the last few years The Los Angeles Times, The Wall Street Journal and The Washington Post have also moved to eliminate jobs.
“Industrywide, ad revenue is flat, costs are up and circulation is eroding.”
The article went on to discuss how ad revenues at the major newspapers have stopped growing as major retailers have refocused their marketing dollars into other channels such as cable television and, of course, the Internet: