Robservations on the media beat:
Weekday print editions of the Chicago Tribune shrank from four sections to three and the newspaper's stand-alone feature section vanished. Those were among this week's noticeable cutbacks as the newspaper continues to downsize under the new ownership of hedge fund Alden Global Capital (and adjust to the sudden loss of more than 40 newsroom employees through buyouts). Under Alden, Tribune Publishing newspapers were ordered to cut local and feature pages by 20 percent, move up editorial deadlines and halt most special sections, according to Crain's Chicago Business. Colin McMahon, editor-in-chief of the Tribune, outlined the newspaper's reorganization this week in an unsigned letter to readers. (Here is the link.) "We hope that these changes, while they may take some getting used to, offer you more consistency and predictability in the makeup and order of the newspaper," it read. "We’ll still have roughly the same amount of news space dedicated to our journalism as opposed to advertising. We measure that in column inches, and that total will be roughly the same." In a meeting with staffers McMahon said none of the columnists who've left the paper will be replaced. Continue reading