Tina Brown just can't stop gushing about her new digital venture, the Daily Beast—especially now that she's escaped the overspending print world of Conde Nast. "I’d hate right now to be in the magazine world," Portfolio reported her saying at a conference with Hearst president Cathy Black. "It’s a really tough time to be a magazine editor," Brown added, rubbing salt into the wound. Meanwhile, Black floundered about, defining the future of media in Orwellian terms: we won't have "newspapers" but "news and content distribution." As far as making a profit, "it depends on how you define money," Fishbowl quoted her as saying. Given the harsh cutbacks at Conde today, it looks like making money is out for Fall and thereafter.