The Magazine of the Future Is Here

cityfile · 01/16/09 01:27PM

• How do you keep your magazine afloat? Put ads on the cover! [NYT]
• NBC is renewing 30 Rock, The Office, and The Biggest Loser. [AP]
• Music sales fell by about 7 percent last year. [NYT]
• The head of Hearst Magazines International is retiring. [NYP]
• Clear Channel is cutting $400 million in costs. [NYP]
• The Minneapolis Star Tribune has filed for bankruptcy. [AP]
• Donny Deutsch's ad agency is laying off staffers. [AgencySpy]

The Supporting Actress Oscar Nominees

Kyle Buchanan · 01/16/09 01:17PM

The Oscar nominations are just days away...time to break out the ol' Defamer Predictions! In our first installment, we take a look at Supporting Actress, a category filled with tears, defiance, and nipple jewelry.

'Mary and Max' Brings Quirk, Lube To Sundance Opening Night

STV · 01/16/09 12:56PM

Having heard our Sundance welcome from the oracle that is Robert Redford, Defamer advanced to actual movies late Thursday with the opening-night premiere of the sweet, slightly sick claymation freak show Mary and Max.

Wall Street People: Not Funny

Hamilton Nolan · 01/16/09 12:51PM

Wall Street big shots have their own exclusive fratty Friar-like club called "Kappa Beta Phi" that met last week for its annual—and allegedly humorous—to-do. Let us list some of the unfunny jokes that occurred:

Hollywood PrivacyWatch: Robert Forster

Seth Abramovitch · 01/16/09 12:44PM

1/15 — ROBERT FORSTER at Runyon Canyon at 230 this afternoon. He was going down as we were going up the slow side. Looked decent. [Hollywood PrivacyWatch is written by and for Defamer readers; send your sightings to tips@defamer.com.]

Sergey Brin's Weird, Weird Baby Shower

Owen Thomas · 01/16/09 12:33PM

Googlers do things differently. But Google's founders are quirkier than you might imagine. Take the diaper-fetish party Larry Page threw to celebrate the coming birth of Sergey Brin and Anne Wojcicki's first child.

Citi Crumbles, Sandy Watches From the 46th Floor

cityfile · 01/16/09 12:29PM

Citigroup reported $18 billion in losses 2008, has fired some 60,000 employees in recent months, and is currently in the process of dismantling the financial services giant. Earlier this week, the bank announced plans to sell a majority stake in Smith Barney to Morgan Stanley. Today, it revealed plans to divide the bank into two pieces. One person on the sidelines watching his legacy unravel: Sandy Weill, Citigroup's former chairman and chief executive, who built Citi into a sprawling empire based on the belief that "financial supermarkets" represented the future of banking. Except Weill is not on the sidelines, exactly. As Citigroup has unraveled these past few months and hovered on the brink of collapse, Weill has been watching the carnage unfold from one of the most spectacular offices in New York. Offices that Citigroup continues to pay for.

The Friday Party Report

cityfile · 01/16/09 11:38AM

Whoopi Goldberg served as emcee at the National Board of Review's annual awards ceremony at Cipriani 42nd Street on Wednesday night. Attendees at the Bulgari-sponsored event included Alec Baldwin, Meryl Streep, Naomi Watts and Liev Schreiber (left), Clint and Dina Eastwood, Ed Norton, Philip Seymour Hoffman, Salma Hayek, Anne Hathaway, Julian Schnabel, Diane Lane and Josh Brolin, Sir Howard Stringer, John Patrick Shanley, Eva Amurri, Tim Robbins, Joy and Regis Philbin, Meredith Vieira, Heather Graham, Amy Adams, Debbie Bancroft, Veronica Webb, Bethenny Frankel, CNN's Alina Cho, Slumdog Millionaire star Dev Patel, director Danny Boyle, along with a smattering of Bulgaris, including Ilaria, Veronica, Nicola, Natalia, and Beatrice. [PMc, Wireimage, The Daily]

Tension Rising at CNBC

cityfile · 01/16/09 11:26AM

If you were thinking that the stress of the economic meltdown isn't talking a toll on financial news reporters, well, it is. This morning CNBC's Charlie Gasparino got into a little on-air tiff with colleague Dennis Kneale. Skip ahead 35 seconds or so to see Gasparino tell Kneale he isn't a real reporter and Kneale respond by telling Gasparino he's damaging the CNBC brand. Gasparino, of course, is doing no such thing. That's what Jim Cramer is there to do!

Thank Sarah Palin for Saving 30 Rock

Richard Lawson · 01/16/09 11:22AM

Television comedy will live on safely for another year. NBC has confidently ordered a new full season of 30 Rock episodes (and of The Office). Evidence of what a difference an Alaskan makes.