December 12, 2008 2:24 PM
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Media Roundup: Wii Sales Up, WaPo CEO Lands at Facebook, and More
(MoneyWatch) Five months after merger, CBS and CNET trim staff -- After purchasing CNET for $1.8 billion in July, CBS (this blog's parent company) has cut roughly 275 employees from a variety of media properties including last.fm, GameSpot, CBSNews.com and CBSSports.com. TechCrunch has the exact memo sent to employees. [Source: TechCrunch]
Washington Post's CEO jumps to Facebook -- Washington Post CEO Don Graham is joining Facebook's board of directors. The Washington Post under Graham has done better that most other newspapers in the online sphere, leading some to think he may help lead the charge to retool Facebook as a media company. Facebook founder Mark Zuckerberg also considers Graham a mentor. [Source: PaidContent]
The Nintendo Wii is recession-proof -- At a time when other companies have slipping sales, Nintendo has smashed their expected Wii numbers. In November, the company was expected to sell 1.4 million units, but moved just over 2 million. Xbox 360 saw modest gains from last year, and Sony's PlayStation 3 sales dropped by nearly 25%. [Source: Game|Life]
EW to go online only? -- Gawker is reporting that there are rumors that Entertainment Weekly may follow the Christian Science Monitor and PC Magazine into the online-only realm. EW denies the rumors. [Source: Gawker]
Gawker trims staff, makes writers work weekends -- The blogging company has just announced it is not renewing the contract of one editor and one writer. As a result, existing employees are now expected to work rotating weekend shifts. [Source: MediaBistro]
Washington Post's CEO jumps to Facebook -- Washington Post CEO Don Graham is joining Facebook's board of directors. The Washington Post under Graham has done better that most other newspapers in the online sphere, leading some to think he may help lead the charge to retool Facebook as a media company. Facebook founder Mark Zuckerberg also considers Graham a mentor. [Source: PaidContent]
The Nintendo Wii is recession-proof -- At a time when other companies have slipping sales, Nintendo has smashed their expected Wii numbers. In November, the company was expected to sell 1.4 million units, but moved just over 2 million. Xbox 360 saw modest gains from last year, and Sony's PlayStation 3 sales dropped by nearly 25%. [Source: Game|Life]
EW to go online only? -- Gawker is reporting that there are rumors that Entertainment Weekly may follow the Christian Science Monitor and PC Magazine into the online-only realm. EW denies the rumors. [Source: Gawker]
Gawker trims staff, makes writers work weekends -- The blogging company has just announced it is not renewing the contract of one editor and one writer. As a result, existing employees are now expected to work rotating weekend shifts. [Source: MediaBistro]
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