• Time Inc. is expected to announce plans to slash $100 million in costs next week; naturally, lots of layoffs will be involved in making that happen. [NYT]
• The Wall Street Journal is closing its Boston bureau. Also in Beantown: The Boston Globe's publisher has announced he's stepping down. [BW, NYT]
• The war…
The Times Backs Down, Wolverine's Big Weekend
• Tense negotiations over proposed budget cuts continue between the New York Times Co. and unions that represent workers at the Boston Globe; in the meantime, the Times has postponed plans to shut down the paper. [NYT, WSJ]
• Another way the Times is planning to rake in some much needed cash: It may raise newsstand…
Switch to Direct TV Before Kathy Bates Bludgeons Your Feet With A Sledgehammer!
We've all seen those ads where eerily young-looking versions of actors interrupt their classic movie scenes to hawk Direct TV. But the above installment, in which Kathy Bates reprises her Oscar winning role from Misery, kicks off what we're imagining will be a brand new trend. Instead of interrupting just any old…