Media Mayhem: Layoffs, Cutbacks Rock Industry

Below, a collection of the various media cuts, layoffs, ousters, and other doom and gloom news to hit the industry in the last day or so:

The Baltimore Examiner, the city's second daily, will close [AP]
Disney cuts: 200 fired at ABC, 200 at ESPN [MediaMemo]
Los Angeles Times kills local news section [LA Observed]
Recession rocks Hollywood trade publications [Reuters]
Page Six Magazine goes quarterly [Crain's]
News Corp downgraded to "Sell" status [MediaMemo]
WSJ layoffs may be coming next week [Portfolio/Mixed Media]
Exec, editor ousted at OK! magazine [Folio]