Cuts at Condé, Weinstein Layoffs & Another 'BW' Bidder

cityfile · 09/23/09 02:17PM

• Condé Nast editors and publishers may be forced to cut their budgets by as much as 25% now that the consultants reviewing operations are completing their tour of duty. Not surprisingly, "significant layoffs" are expected. [NYO]
• More trouble for Harvey: The Weinstein Co. says it plans to cut 35 additional positions at the film company over the next month or so. [THR]
• A new bidder for beleaguered BusinessWeek appears to have emerged in ex-BMG chief Strauss Zelnick and former WSJ publisher Gordon Crovitz. [BW]
• WSJ, the glossy owned by the Wall Street Journal, is expanding [WWD]
• The CW is planning a reality show about what it's like to be a Virgin flight attendant in search of "good times, great parties, adventure and love." [Wrap]
• Mark Consuelos (or Mr. Kelly Ripa) has been given the boot by Oprah. [NYP]
• The Observer is moving from the Flatiron district to a Jared Kushner-owned building in Midtown: "If I'm paying rent, I'd rather pay it to myself." [NYO]
• Eight out of ten Americans say they would oppose any plan to spend tax dollars to bail out failing newspapers. You're shocked by that, we're sure. [E&P]

Russian Billionaire Buys Nets, Part of Brooklyn

cityfile · 09/23/09 01:53PM

It's official. The richest man in Russia, Mikhail Prokhorov, has taken control of the New Jersey Nets. The 44-year-old oligarch, who is worth $9.5 billion according to Forbes, signed a $200 million deal today with real estate developer/Nets owner Bruce Ratner that will make him the principal owner of the team, as well as a major investor in the Nets' long-delayed new home in Brooklyn. This makes Prokhorov the first foreign owner of an NBA team who isn't Canadian, and the "the only NBA owner who can dunk," according to Prokhorov. And the tri-state area now has its very own Mark Cuban, clearly. [NYT]

Host Your Own Awful Party For Windows 7

Ryan Tate · 09/23/09 01:41PM

Microsoft's next operating system, Windows 7, is available to the public Oct. 22. So why not host an awkward launch party for a perfectly diverse group of your friends? Microsoft made an unbearable video tutorial to get you going.

Politico Apologizes For Being Politico

John Cook · 09/23/09 01:31PM

Usually when people accuse Politico of cutting-and-pasting GOP press releases into their stories, they're speaking metaphorically. But no—that's what they actually do. They select the angry words, hit the "copy" thing, and paste them right onto the internet.

Long Live Long Lashes (Side Effects and All)

cityfile · 09/23/09 01:22PM

We trust that, like any self-respecting woman, you're no longer sporting the pathetic stunted eyelashes you had to go out and buy, but have been using Latisse to grow lashes that are "longer, thicker and darker." And as shocking as it might be that Latisse manufacturer Allergan, in its noble quest to save us from the shame of small eyelashes, would mislead its customers, the FDA recently sent out a letter warning the company that it's been minimizing some of the risks associated with use of the product.

Arthur Kade Does the Doo-Doo Pants Walk

Hamilton Nolan · 09/23/09 01:16PM

Saw Arthur Kade goose-stepping his way through the 34th Street 123 station at 5:45 PM. He has the strangest walk; he puffs out his chest and thrusts his hips out. The overall effect is that of someone with something down the back of their pants. He was eating something doughy and chewing with his mouth open.

Tinsley Loves Kids, Possibly Princes Too

cityfile · 09/23/09 12:39PM

Tinsley Mortimer has returned to NYC after a brief jaunt across the pond to hit up London Fashion Week. (She's now "living between New York and Knightsbridge," she explained to WWD earlier this week.) She rushed back to NYC yesterday, though, so she could make an appearance at the annual New Yorkers for Children gala at Cipriani 42nd Street last night.