Independent: Emap to join Trinity and Haymarket in job cuts

"Emap is set to announce a series of job cuts next week as it becomes the latest media group to feel the pressure of the worsening economic conditions. Sources close to the group said Emap was looking to reduce editorial budgets across many of its magazine titles in a cost-saving drive that would include headcount reduction. The announcement could come as early as Monday."

Holdthefrontpage.co.uk: Trinity Mirror titles launch wiki for the North-East

"Trinity Mirror put out a national call to staff to come forward with bright ideas in a bid to find 'the next big thing.' ... The competition was won by web developer Louise Midgley, who works for Trinity's North-East division... [She] has already received a cash prize and ... will also win a future share of any profits from her idea."

Independent: Will the internet survive the economic meltdown?

"It's also worth noting that big-brand publishers were generally delighted when the world came crashing down on the first wave of internet entrepreneurs. It allowed them to fall back on old ideology and a degree of complacency about the digital world set in that in some cases took several years to shake off. The schadenfreude they showed then certainly wouldn't be repeated this time around because they have so much more invested in it."

Times Online: The reading is all gloomy for newspaper proprietors

"[O]n a local level, papers are losing classified advertising market share to non-newspaper websites. JPMorgan thus cautioned that UK newspaper stocks, which have fallen by 40 per cent since the start of the year, compared with US papers down by 48 per cent, could fall farther."