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The Washington Post could cut 100 newsroom jobs, is on track to lose money this year, the New York Time reports; if the cuts happen, they could come as hiring freezes for open jobs

Media companies managing costs in economic downturn, as New York Times is pulling back on marketing spend as ad sales costs go up, Dotdash Meredith owner IAC is slowing down hiring, Gannett is laying off employees and eliminating 'various open positions'

Investment firm ValueAct Capital discloses its 6.7% stake in New York Times Co., thinks newspaper company could grow more quickly by aggressively offering its all-access digital bundle that gives readers more than basic news

The New York Times reports Q2 earnings of US$61.8M, up 13.7% in Q2 2021, while revenue up 11.5% year-over-year to US$555.7M due to increase in digital-only subscribers; H1 earnings down 30.3% to US$66.5M, while H1 revenue up 12.5% to US$1.09B from H1 2021

Meta will no longer pay US news publishers for content to run on Facebook's News Tab; in 2019, Facebook brokered three-year deals with publishers worth US$105M, including US$10M on partnership with Wall Street Journal, US$20M on deal with New York Times

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