NJ’s death ‘Star’

Faced with mounting losses, the Star-Ledger in Newark — New Jersey’s largest daily paper — is threatening to shut down at the end of the year unless it wins major concessions from its production unions.
Publisher Richard Vezza gave the unions until Sept. 27 to come up with $9 million in…

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‘Shocker’ story blows lid off Penske-Finke row

This could be the hottest Hollywood story of the summer.
A firestorm erupted between two Tinseltown tattlers when The Wrap reported that Nikki Finke, the star blogger for Deadline Hollywood, its arch-rival, had been fired.
The “shocker,” written by The Wrap’s Sharon Waxman, said Finke’s firing followed a…

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Time for Pecker?

While several new names have surfaced as potential candidates to head Time Inc. after the spinoff, none is as intriguing as David Pecker, the long-time CEO of American Media Inc.
Time Warner CEO Jeff Bewkes has already met with Pecker, several sources told Media Ink.
For all the controversy he…

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‘Lighter mood’ as a new day dawns at Time

An eerie calm seemed to be settling over Time Inc. yesterday, the first full day when its future as a company untethered from the Time Warner mother ship could be contemplated.
“I’m energized,” said Time Inc. Editor-in-Chief Martha Nelson, who was one of the top execs in the meeting…

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Newhouse ax falls in Newark

The Newhouse-owned Newark Star-Ledger newspaper is giving pink slips to 34 employees — including nearly 10 percent of its editorial staff — as it continues to wrestle with a soft advertising market.The daily, the largest in New Jersey, is losing more than $10 million a year, sources said.Publisher Richard Vezza…

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