· Charles Townsend may be new CEO because Conde Nast ad sales are down; Townsend will motivate publishers. [Lindsay/Bernstein]
· SI Newhouse: Conde Nast "had probably the most successful year in the history of the company in ad pages and in stature [...] We never talk about profits." [Keith Kelly]
· Outgoing Conde Nast CEO Steve Florio gives advice: "This job is 24/7 and this is no joke. If you get a vacation, you'd better bring your BlackBerry with you." [Matthew Rose]
· Expect a Newhouse family shuffle in the future. [Keith Kelly]