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Arianna Huffington Has Trouble Keeping Employees in Her L.A. Office
According to anecdotal evidence, it may have been easier to work for gonzo journalist Hunter S. Thompson than it is for the Huffington Post founder.
Posted 10/06/08 in Daily Intel : In Other News
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There May Be a Day When Port Authority Is Nice to Look At
We know, we know — dare to dream, right? But there are proposals to build above it, and the renderings look lovely. Plus, news from the finance, law, real estate and media industries, in our daily roundup.
Posted 07/25/08 in Daily Intel : Company Town
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Citigroup Posts $2.5 Billion Loss
A lot of big news at the banks today — but there's also crazy stuff going down with Jeff Zucker, Dan Rather, Brooke Astor (from beyond!), and Barack Obama, in our daily industry roundup.
Posted 07/18/08 in Daily Intel : Company Town
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Breaking: Some Not Finding ‘New Yorker’ Cartoon Very Funny
The Democratic nominee is shown in the Oval Office wearing a turban and giving a "terrorist fist-jab" to his Afroed, machine-gun-toting wife. Ha … ha?
Posted 07/14/08 in Daily Intel : Early and Often
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‘New Yorker’ Caption Contest Explained, Just As Simple As You Thought
Last week's winner gives us tips, we enter.
Posted 06/05/08 in Daily Intel : In Other News
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So, One Day, Roger Stone Brings Jeffrey Toobin to a Swinger's Club…
In which Roger Stone overshares, and we learn just what Jeffrey Toobin will do for a story.
Posted 05/27/08 in Daily Intel : In Other News
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Lloyd Blankfein Is More Self-Involved Than Liz Smith
The 'New Yorker' totally screws up an opportunity to have famous people humiliate themselves.
Posted 05/19/08 in Daily Intel : White Men With Money
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Amy Sacco Says NYC Nightlife Is ‘Overrated’
Plus, Lohan gets hysterical, Murdoch is happy about Obama, and Amy Sedaris causes problems for brother David.
Posted 05/12/08 in Daily Intel : Gossipmonger
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Our Night at the ASMEs: Sportier Than Anticipated
Editors, nerves, competition, and one aggressive former Met mingled at last night's awards ceremony.
Posted 05/02/08 in Daily Intel : Party Lines
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Private Equity Switches to the Full-Court Press
Plus, what's going on at 'Portfolio,' why you'll be hearing more from Perez Hilton, and where the Beatrice Inn is headed next.
Posted 04/09/08 in Daily Intel : Company Town
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Jamie Dimon: ‘Many’ of Bear's 14,000 Employees Will Lose Jobs
Did Bear Stearns collapse in part because of a whisper campaign? How will Starbucks keep its customers if everyone starts pinching pennies? And what did Sarah Jessica Parker think of Maxim naming her the "unsexiest woman alive"? Our weekly roundup of law, media, and business news.
Posted 03/20/08 in Daily Intel : Company Town
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Jeff Bewkes Starts Cleaning House at Time Warner
MEDIA • At least 75 Time Warner layoffs are expected to be announced today. The layoffs are among CEO Jeff Bewkes's first public tasks since taking the helm of the company from Dick Parsons last month. Earlier today, Time Warner announced a 41 percent decline in fourth-quarter earnings. [MSNBC & AdAge] • Maybe some of those Time Warner folks can hang their hats over at Condé Nast. The Observer evaluates Portfolio's recent spending spree, during which it recruited top talent from The New Yorker, the Post, and the Times. [NYO] • (Product)Red, the love child of Bono, iPod, and the Gap, has raised more than $22 million for fighting HIV and AIDS in Africa. But considering the big advertising bucks spent during the Super Bowl and elsewhere, some are arguing that it's not enough. [NYT]
Posted 02/06/08 in Daily Intel : Company Town
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Semel Out at Yahoo, Microsoft In?
FINANCE • Courtenay Semel's dad, Terry, is out at Yahoo. And Microsoft's $44.6 billion bid for the company might just be déjà vu. [NYT, Deal Journal/WSJ] • Recession-has-already-started watch: The economy lost 17,000 jobs in January, the first time since the lovely tech-crash days of 2003 that total payrolls have shrunk. [Reuters via NYT] • One of the few lucky bankers with a bonus burning a hole in your pocket? Try London restaurant Vivat Bacchus' new "Bonus Tasting Menu" for a mere £1,000. [DealBook/NYT]
Posted 02/01/08 in Daily Intel : Company Town
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Hillary Clinton Dismays Anna Wintour
MEDIA • Anna Wintour took Hillary Clinton to task for backing out of her Vogue photo shoot because she feared looking "too feminine." Wintour: "The notion that a contemporary woman must look mannish in order to be taken seriously as a seeker of power is frankly dismaying." Ouch. [WWD] • The Directors Guild showed up the writers in striking, heh, fashion: After just one week of negotiations, the directors struck a deal with the studios that includes the all-important online-video money. The writers are cautious, though, since the last time they followed the directors' lead they got screwed on the home-video market. [WP] • Wal-Mart, responsible for 20 percent of all "newsstand" magazine sales, announced it would dump more than 1,000 titles from its shelves. Shocking twist: The New Yorker stays, but Boar Hunter Magazine is out! [NYP]
Posted 01/18/08 in Daily Intel : Company Town
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‘Portfolio’ Still Looking Elsewhere for Inspiration
Have you noticed that all of the news about the Great Condé Nast Reshuffling of 2008 has emerged from Women's Wear Daily? It's becoming the mouthpiece of the company's HR department. (Or maybe the news is all a little too boring for anyone else to care about.) After a week of updates about shifts and firings on the business side at Condé titles Vogue, Golf Digest, Lucky, Teen Vogue, and The New Yorker, WWD today tells us about Portfolio (this month's cover pictured here). Apparently the business mag's editor, Joanne Lipman, tapped recently departed Post metro editor, Dan Colarusso, to run its growing Website. Also, to fill new Portfolio publisher William Li's absence at Men's Vogue, Condé looked within its walls to Details associate publisher, Marc Berger. We'd walk you through all of the changes that came last week, but the most telling detail is already above: While the rest of Condé Nast continues to recruit talent only from inside the company, Portfolio continues to look outside for fresh ideas! New Titles All Around [WWD]
Posted 01/16/08 in Daily Intel : Ink-Stained Wretches
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Ask Not for Whom the Bell Tolls. It Tolls for Tina Brown.
Late last week, we received a very nice invitation to a luncheon sponsored by the Magazine Publisher's Association and the American Society of Magazine Editors. It was their annual lifetime achievement awards, and guess who is being honored? Tina Brown. Apparently the former editor of Tatler, The New Yorker, Vanity Fair, and the ill-fated Talk is at that point in her career when the final retrospective is in order. You know, the point in her career that comes at the end. We feel a little bad for Tina. Getting a lifetime achievement award when you are 54 is a little bit like getting the "Most Improved GPA" certificate at college graduation or a magazine cover with the tagline "Sexy at ANY Age": It's an honor and an insult at once. Surely, we thought, Tina must be up to something. She's a legend! For example, there's that HBO development deal that we heard about but HBO exec Sheila Nevins apparently didn't. And after finishing her book The Diana Chronicles in late 2006, she went on to write… Um… Well, we're not sure, exactly. An insider tells us that she's shopping around two or three new projects. But we haven't heard about them. Does anybody know what Tina's been up to? Or should we start assembling a clip reel for her
memorial serviceaward-ceremony montage right now? We'll set it to the tune of "Candle in the Wind." Related: HBO's Sheila Nevins Is Confused by Tina Brown, Bored by HillaryPosted 01/08/08 in Daily Intel : Intel
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Bush to Economy: ‘Hey, Did You Get a Haircut? Something's Different.’
FINANCE • Bush acknowledges slower economy, but he stops short of warning about recession. Still, will he go for another round of tax cuts? [NYT, NYT] • Financial titans Warren Buffett and Maurice Greenberg came under attack in the Gen Re trial. Neither stands as a defendant, but both were accused of being intimately involved in a fraudulent transaction worth $500 million. [NYT] • Now that Jimmy Cayne's out of the picture, which hedge fund will step in to buy Bear Stearns? [Deal Journal/WSJ]
Posted 01/08/08 in Daily Intel : Company Town
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Riding the Mechanical Bull With Curbed, Eating Shrimp With Gothamist, and Senior Rock and Roll With ‘The New Yorker’
This is a big week for office holiday parties, and it kicked off last night with events for Curbed, Gothamist, and The New Yorker. Both Web parties took place downtown, both had open bars, but only one was kind enough to actually invite us — we stopped by both nonetheless. For the New Yorker party, a spy sent us a brief report to slake our endless thirst for weak specialty cocktails. After the jump, our continuing coverage of your most revealing moments, honest conversations, and miscalculated flirtations. For what is an office holiday party but the corporate equivalent of overhearing someone you know having sex?
Posted 12/11/07 in Daily Intel : Office-Party Patrol
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Did ‘The New Yorker’ Rip One of Its Cartoons Off ‘The Far Side’?
MEDIA • OMG, plagiarism in The New Yorker's cartoon issue? [Gelf] • Washington Post chief Don Graham has 300 Facebook friends. Poke away! [Washingtonian] • Fox 9's license is up for renewal, and a bunch of incensed New Jerseyans are fighting the station for failing to live up to its Jersey-side obligations. After all, the channel is based out of Secaucus but bills itself as "My9 New York." [NYT]
Posted 11/29/07 in Daily Intel : Company Town
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Did Aaron Charney Only Get 100K From Sullivan?
LAW • Will Aaron Charney ever have to work again? More than likely — he may not have gotten more than $100,000 in his sexual-harassment settlement with Sullivan & Cromwell. [PrawfsBlawg via Above the Law] • Should law schools be more like business schools? One law prof thinks so, and he looks a little like Justin Timberlake, so he must be right. [Law Blog/WSJ] • Do Cravath's two rounds of bonuses signal Big Law strength and more money for associates, or is the firm just hedging so they aren't locked in to paying the same amount next year? [NYT]
Posted 10/31/07 in Daily Intel : Company Town
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