Entertainment | January 30, 2009 | 0 comments

Recession rocks Hollywood's showbiz papers

source: http://www.reuters.com/article/entertainmentNews/idUSTRE50T3AN20090130

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For more than 75 years, Daily Variety and The Hollywood Reporter have battled to be the movie industry's top newspaper, but recent layoffs due to the recession and competition from Internet blogs has Hollywood wondering if it will soon become a one paper town.

Publishers of the showbusiness newspapers say advertising has plunged, even during the current Oscar season when movie studios pay well to hype their films with cover page ads.
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    Entertainment,   Hollywood
  2. tags:
    Entertainment,  US,  Hollywood,  Hollywood Reporter,  1 more
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