Media properties increase investment

Time, Hearst, and Donald Trump

Time, Hearst, and Donald Trump

Ups

Time launches a redesigned Web site to accompany the publication's move to a Friday on-sale date at the newsstand

CNN launches CNN: Special Investigations Unit, a weekly series which will be dedicated to long-form investigative journalism
 
Hearst looks to expand its digital offerings for the teen market with the purchase of eCrush, a group of social networking sites

Downs

The Philadelphia Inquirer eliminates 35 positions in its advertising department. This round of cuts comes one week after the paper laid off 70 in the newsroom

Associated Press employee Ahmed Hadi Naji is killed in Iraq, the third AP staffer to die in that country in the past year

The Donald Trump/Rosie O'Donnell "feud" continues to dominate headlines and airtime

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