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It's Good to Be John Wren | Remember when mega ad agency Omnicom announced it planned to lay off 3,500 employees? That was a full three weeks ago, but there's much better news to report today, at least if you happen to be John Wren, the agency's CEO: He collected another $25 million in Omnicom stock just ten days after announcing the layoffs. How nice to see that in these times of flux, some things stay the same! [AgencySpy]
• Chuck Todd has been named NBC's chief White House correspondent. [HP]
• The TV Guide channel has been sold for $300 million. [NYT]
• Both Doubleday and Crown's Broadway imprint laid off staff today. [NYT]
• More on the cost cuts planned at Random House. [NYO]
• Omnicom is cutting 5 percent of its work force, or about 3,000 people. [AP]
• Nominations for the 15th annual SAG Awards were announced today. [THR]
