The restructuring continues at ContentNext Media. I hear that Research Director Lauren Rich Fine decided to exit in an effort to save the jobs of reporters at sites including flagship PaidContent.org which chronicles the media and entertainment industries’ digital content forays. Faced with a lousy ad market, her decision follows the departure early this month of CEO Nathan Richardson, who moved into e-commerce. Fine joined last October and had been one of Wall Street’s top publishing analysts in her nearly 20-year stint at Merrill Lynch. Big loss.