Media Roundup: Post-Intelligencer is For Sale, Financial Times to Lay Off 80, and More

The Seattle Post-Intelligencer is for sale, but unlikely to find buyer — The Hearst Corporation, parent company of the Post-Intelligencer, is attempting to find a buyer for the Seattle daily. If there is no buyer found in 60 days, the Post-Intelligencer will likely close or go online-only. [Source: Editor & Publisher]

Financial Times to lay off 80 — In an effort to reduce redundancies in print and Web operations, The Financial Times will cut 80 employees. As part of the restructuring plan, the Times says it will further integrate some recent acquisitions into its existing products. [Source: paidContent]

AOL splits content, sees higher pageviews — AOL has moved 75 content sites under a new brand named MediaGlow headed by Bill Wilson. In the last year and a half AOL has seen healthy growth in all of its content sites, some of which have no AOL branding. [Source: TechCrunch]

Music video game sales down — Music video games such as Rock Band and Guitar Hero, which bring in 16 percent of all gaming revenue, have seen a six percent dip in revenue. Sequels for both titles are due out in 2009. [Source: paidContent]

Single copy magazine sales down — In the third quarter of 2008 newsstand sales were down eight percent. Sales numbers were also down two percent. [Source: MediaWeek]