| Entertainment Industry: |
 Reuters - The New York Times Co slashed its dividend by almost three-quarters and said it would cut spending and reevaluate its assets to cope with a slump in advertising revenue that is gouging U.S. newspaper publishers.
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| Reuters - A music label renowned for its elaborate reissues of vintage albums has annoyed British rock group New Order and its fans with a flawed package of the group's classics discs. |
 Reuters - After weeks of shuttle diplomacy, a U.S. federal mediator brought labor negotiators for major Hollywood studios and the Screen Actors Guild back together on Thursday for their first meeting in four months.
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| Reuters - The Associated Press plans to cut up to 10 percent of its workforce in 2009, according to sources at the news service, as it copes with tough financial times and ailing member newspapers. |
| Reuters - Roger Ailes, the veteran television executive who launched the Fox News Channel and Fox Business Network, has signed a new five-year contract with News Corp, Rupert Murdoch's media conglomerate. |
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