Hachette Can No Longer Afford to Keep Boating Afloat


Hachette Filipacchi is putting some of its special-interest publications, including Boating and Cycle World, on the market. Condé Nast and Hearst cut jobs, too, after the jump.

• Hachette Filipacchi is putting some of its special-interest magazines up for sale. The sale of Boating is unsurprising since no one can afford boats or the magazines that go with them, but Popular Photography and Cycle World? Yeesh. [Ad Age via MediaInk/NYP]

NYT Co. unloaded a southern property: The Florence TimesDaily in Alabama was picked up by Tennessee Valley Printing. Maybe the South really will rise again. Get your carpetbags ready! [Romenesko]

• Senator Benjamin Cardin (D-MD) has introduced the Newspaper Revitalization Act, a bill that could help save some small papers. If passed, the bill would give some papers nonprofit status and allow them acquisition rights. The bill would not grant these privileges to major papers or conglomerates. [Reuters via Mediabistro]

• More layoffs at Condé Nast: Jobs were cut at Brides.com as part of the publishing giant’s plan to streamline their digital division. [FishbowlNY/Mediabistro]

• The Los Angeles Times cut 50 jobs and will merge its foreign-reporting department with that of the Chicago Tribune. [Mediabistro, Romenesko]

• Hearst continues its War on Newspapers by cutting 12 percent of their Houston Chronicle staff. [Romenesko]

• The Atlanta Journal-Constitution cut circulation and about 90 staffers. [Romenesko]