MTV to cut 250 U.S. jobs, invest in digital
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Viacom Inc.'s MTV Networks, operator  of music and entertainment cable television channels, said it  will cut about 250 U.S. jobs to reduce costs and invest more  heavily in digital businesses and new networks.
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Nortel Networks Ltd. (NYSE/Toronto: NT - message board) today fleshed out its staff reduction plans by announcing that 3,250 posts will be cut, down from the expected 3,500 (see Nortel Cuts 3,500 Jobs ). North
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Time Warner&#39;s (TWX:NYSE - news - research) America Online division reportedly plans to cut 700 jobs next month in a concession to declining subscription rates at its flagship Internet unit.
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MTV Networks, owner of the MTV and  Comedy Central channels, is pushing a risky new Web strategy to  win back young viewers from the likes of YouTube and MySpace.
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Britain's public broadcaster the BBC announced plans on Thursday to cut 1,800 jobs and integrate its TV, radio and Internet news operations to confront the digital-age shift away from traditional media.
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Record label EMI, bought by private  equity firm Terra Firma last year, is set to announce on Monday  plans to cut as much as one third of its 6,000 staff, slash  marketing costs and drop artists as part of a restructuring,  the Wall Street Journal reported.
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Viacom Inc., home to the MTV networks,  said on Monday it would boost advertising sales from digital  operations and evaluate its international presence as it  focuses on these growth areas in coming years.
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LOS ANGELES  - MTV on Wednesday unveiled a new scheduling strategy that will reshuffle and expand its primetime lineup. In addition, the lifestyle programming network has greenlit two series, one featuring "Jackass'" Bam Margera and the other centered on wrestling.
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MTV squeezed in more performances during its annual Video Music Awards this year by cutting the performers down to size.
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DULLES, Va. -- Time Warner Inc.'s America Online division, the biggest US Internet service, said it cut 750 jobs, or about 4 percent of its workforce, amid subscriber losses.
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Belo Corporation Wednesday announced that it will cut 250 jobs by Nov. 1, most of them at the companyâs flagship newspaper, The Dallas Morning News.
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Walt Disney Co. on Friday said it  would cut jobs in its animation unit as the media company  sought to be flexible in timing of its films.
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NEW YORK  - Three striking writers have found work with a new-media studio run by a former MTV Networks executive.
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The music channel and the digital media firm target Jobs; analyst not sure it's enough.
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Viacom Inc's MTV Networks Group has  signed deals to make videos available on five online video  services and Comcast Corp's broadband site, as the company aims  to increase its presence on the Web.
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CNN will give away access to an online video service that now costs $25 a year, becoming the latest news organization to revamp its revenue model on the Web.
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_ Newsday is cutting as many as 100 jobs through voluntary and non-voluntary buyouts, the Long Island newspaper&#39;s publisher said Thursday.