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Wednesday, dec 11
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Business
Hearst Lays Off Around 200 Employees From Magazine Division, With Most Jobs In NY
Hearst Magazines has just fired around 200 employees, most of whom were assigned to the company's midtown Manhattan headquarters, according to multiple reports. Cosmopolitan, Esquire, Good Housekeeping, Men's Health, Popular Mechanics, Town & Country, and Harper's Bazaar are among the titles the division of Hearts Communications publishes. Affected employees were notified in a private meeting days before Thanksgiving, according to New York Magazine. Some of the Hearst publications :were already run by a skeleton crew" after years of downsizing, the report in New York said.
News
CNN Producer Accused Of Luring Minors Worked With Fired Anchor Chris Cuomo
A CNN producer who was charged with enticing underage girls into sexual activity previously spoke about working closely with fired news anchor Chris Cuomo on the show "New Day." Connecticut resident John Griffin, of Fairfield County, was arrested and charged with three counts of using a facility of interstate commerce to attempt to entice minors to engage in unlawful sexual activity, according to an announcement from the United States Attorney’s Office for the District of Vermont on Friday, Dec. 10. Earlier report - CNN Producer From Stamford Charged With Enticing Minors Int…
Business
RNN To Cut 150 Jobs After Verizon Shuts Down FiOS1 News
As of 12:01 a.m. on Saturday, Nov. 16, local television news outlet FiOS1 News will cease broadcasting after parent company Verizon declined to pursue a new contract with Rye Brook-based RNN. "Later this year, Verizon will no longer be offering FiOS1 News, said Verizon spokesman Tony McNary. "We have partnered with RNN for over 10 years to deliver award-winning hyperlocal news coverage on FiOS1. We know how important hyperlocal news is to our FiOS customers and will be sharing more options soon. We wish RNN and their employees well during this transition." The end of the contract will leave…
Business
Dolan Family, Longtime News 12 Anchor Sue New Owner Altice Over Layoffs
This story has been updated. A lawsuit and request to permanently enjoin Altice USA from laying off more television workers at News 12 was filed this week. The lawsuit alleges that Altice ignored commitments made during its $17.7 billion acquisition of Cablevision Systems Corp. The merger closed in June 2016. The suit was filed in Delaware by the Dolan Family alleging Altice failed keep promises detailed in a 2016 Merger Agreement and for equitable fraud, among other claims. Plaintiffs in the lawsuit include: Charles Dolan, founder and former CEO of Cablevision; Helen Dolan; James Dolan, …