The Media Comes Out at Night

By
Photo: Getty Images

CNN is killing its news crawl and Charlie Rose is laying off staffers, but media parties, it seems, may live forever. More scary news from a changing industry, after the jump.

• The CNN news crawl, that infinite string of news briefs that appeared on your TV screen beginning on 9/11, has been killed, as the network aims to de-clutter the screen. [NYT]

• Though private funding keeps Digg afloat, the popular aggregator Website is actually losing millions of dollars every year. The Internet — it’s just like print. [Business Week]

• Charlie Rose has fired staffers, but he appreciated them. [FishbowlNY/Mediabistro]

• Wenner Media had a fashion-focused spin-off of Us Weekly in the works, but it’s postponing the magazine’s launch until next fall. [MediaWeek]

• The media might be dying, but some media parties go on, as those out of work took to the open bar at the American Society of Shit-Canned Media Elites party. "I have a couple of friends who are applying to law school," organizer Aaron Gell told Ad Age. "But I know a lot more people who still have this incredible creative impulse." It's aliiiive! [Ad Age]