In your blustery Wednesday media column: the newspaper industry burns, News Corp can't handle hardcore music, NPR needs more black people, and the NYT sells a jet: What is happening in the land of dying newspapers today? Only the usual tragedy and grief. The Miami Herald is laying off a fifth of its...

We already know the recession sucks for journalists because—to generalize slightly—they have been laid off. But it sucks for working journalists, too. Guess who else got laid off: all their sources! Imagine, if you will, that you're a business reporter. You spent years schmoozing and hob...

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Porn porn porn. Cable companies are hoping to "quietly" sell enough pay-per-view porn to make, you know, a profit. Ad Age wrote a whole story about it just so it could use this quote: "If you you're creating something that's just going to be masturbatory, fine, but if you want to stay alive in this ...

Your jobs are gone. Your money is gone. But America's iconic brands will never leave you! (Until the rest of your money is gone). Advertising is the last optimistic thing around. And it's faking it. With admirable speed, the advertising industry started running "Times are Hard"-type ads almost immed...

newVideoPlayer("/drdoom_gawker2.flv", 506, 423,"");Amid the weakest stock-market close in 12 years, Nouriel "Dr. Doom" Roubini decided to scare everyone further, by telling CNBC our depression will last three years, unless maybe we void all mortgages. Roubini reiterated that "most" American financia...

The economic meltdown is supposed to "reenergize [the] creative economy" of New York by breaking the city's expensive obsession with finance. Instead, it's wrecking artists' best shot at wealth: Through Larry Gagosian. The top-tier art dealer, who bridges the worlds of art and finance, seems panicke...

Look, the nimble television networks are seamlessly transitioning into recession-era programming! Instead of sitcoms about upwardly mobile whites, it's sitcoms about downwardly mobile whites. With product placement for the poors! ABC is leading the way with two new pilots for the upcoming post-boom ...

Lois Draegin was an editor at TV Guide before she got laid off—now she has an internship to help her build internet skills. That's admirable! But the internship's kind of awful. We should know! Draegin, who is 55, is now an intern at Liz Smith-publishing older women's site Wowowowowowowow.com....

Condé Nast advertising is down a terrifying 30 percent this year, leading to speculation a bunch more people will be fired. Condé's CEO reassured everyone that, yes, they could be fired. Thanks? CEO Chuck Townsend's memo, via Peter Kafka at All Things Digital , is like one of the vague, color-code...