Kevin: Mexican billionaire Carlos Slim Helu is nearing a deal to invest about $250m (£171m) in the New York Times Company, according to overnight reports. It's being charaterised as a loan with no representation on the board. He would not get special voting rights as the Sulzberger family has.

Kevin: H/T to Journalism.co.uk for this. As newsrooms integrate, editorial positions are being eliminated as print and online editing tasks are being combined. Danny Sanchez writes: "Back in 2006, I wrote about the dangers of simply being a “cut-and-paste expert” who doesn’t learn to use new digital media tools. That warning is now doubly true."

Kevin: "A month into its Chapter 11 bankruptcy case, Chicago-based Tribune Co. is beginning to form a strategy for holding the company's major assets together, not tearing them apart, sources close to the situation said. But shaping up to be a central challenge is how to restructure the media conglomerate's $13 billion in debt while preserving its complex, tax-advantaged employee-ownership structure."

Kevin: A great list of web design resources. Must book mark.