The Los Angeles Times is eliminating about 190 jobs at its newspaper and community publications as part of a cost-cutting plan ordered by its corporate parent, Chicago-based Tribune. The Times said on Tuesday that 42 editorial employees accepted voluntary buyouts offered by the paper while another 20 newsroom staffers were laid off.
Movie and television writers will seek a bigger cut of profits from the fast-growing DVD market when talks begin on Monday on a new three-year contract. Members of the Writers Guild of America also want studios to help cover rising health care costs.
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/ 18 February 2004
Walt Disney said on Tuesday it will buy the Muppets characters, including Kermit, Miss Piggy and others, as well as the Bear in the Big Blue House franchise from The Jim Henson Company. Financial terms of the deal were not disclosed.