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Electronic Media Daily Fax

Jul 5, 2004  •  Post A Comment

Friday, Dec. 6

Millennium cuts staff

Some 10 people at various levels of Millennium Sales & Marketing, the largest of Katz Television Group’s three TV divisions, lost their jobs this week in a restructuring that hit hardest in New York, where about two-thirds of Millennium’s 300-plus employees are headquartered. The layoffs are thought to be in anticipation of the year ahead, which many media companies expect to be a challenging one without elections or Olympics-size events to fuel advertising-related businesses.