magazines

News Corp. Posts a Loss, O'Reilly Strikes Back

cityfile · 08/06/09 12:24PM

• News Corp. posted a hefty loss for the most recent quarter, reporting that profits were down by 30 percent, although things would have been worse if weren't for Roger Ailes's cash machine, Fox News. In related news, Rupert Murdoch seems to think he can get people to pay for content on the Internet and plans to give it a shot over the next year. [NYT, BN, NYT, Guardian]
• Not to be outdone by Keith Olbermann's anti-Fox News rant on Monday night, Bill O'Reilly took aim at NBC's parent company, GE, on his show last night. This truce thing sure is working out beautifully, isn't it? [Gawker]
• Time Inc. is shutting down Southern Accents, a luxury lifestyle title. [NYP]
• Twitter was crippled by a big denial-of-service attack today, which you know full well if you happened to try and log into Twitter today. [CNET]
• If you don't watch Charlie Rose's self-indulgent talk show on PBS, now you can not watch it on Bloomberg TV, too. How convenient. [NYT]
• The Post's Page Six may be hiring Emily Smith, formerly Britain's Sun and Life & Style, to replace the recently-departed Paula Froelich. [Gawker]

NBC's Offensive, CNBC's Losses & The Crisis at Condé

cityfile · 08/05/09 01:06PM

• NBC is pulling out all the stops to promote Jay Leno's new show. Don't believe it? Try this out for size: "In early September, NBC will even adopt a portion of Interstate 10 in California to reiterate Mr. Leno's time slot." [NYT]
• Notwithstanding the Leno blitz, NBC is still looking to cut its budget. [NYT]
• No one cares about CNBC these days, in case you haven't noticed. [Slate]
• More on troubles at Condé Nast (revenues may fall by as much as $350 million this year), and the recent round of receptionist-purging. [NYP, NYO]
• The lobbyist scandal goes on. A couple of days after it was revealed that MSNBC's Richard Wolffe is now working for a lobbying firm comes the news that CNN's Bill Schneider has signed up with a D.C. think tank. [HuffPo]
• Related: Wolffe has another Obama-related book in the works. [TNR]
• Experts say the prognosis for BusinessWeek is not good. [DailyFinance]
• As you might expect, the mood has been very upbeat at CurrentTV today now that Laura Ling and Euna Lee have returned from North Korea. [NYT]

Consumers Know: 'Free' Media Must Suck

Hamilton Nolan · 08/04/09 01:29PM

In your sizzling Tuesday media column: the future of the media is paid, Newsweek fights the power in Iran, another mag mogul kicks BusinessWeek's tires (made of paper), and Dan Rather's madder'n a lake trout with fiery testicles, at CBS.

Olbermann's Folly, Cuts at Condé, BusinessWeek Bids

cityfile · 08/04/09 01:27PM

Keith Olbermann took Times reporter Brian Stelter to task last night for reporting that News Corp. and GE had worked out a deal to tone down the rhetoric between MSNBC and Fox News. But he didn't disagree with everything Stelter reported. Conveniently, only the bad stuff about him was wrong. [NYM]
• More bad news for Olbermann: MSNBC now admits it made a mistake by not disclosing that Countdown fixture Richard Wolffe is a paid lobbyist. Naturally, Olbermann had absolutely no idea about any of this. [Politico, Salon]
• Condé Nast is shedding more staff. This time around it appears the media giant's receptionists will be paying the ultimate price. [Gawker, NYM]
• Reps for Bruce Wasserstein met with BusinessWeek execs yesterday to discuss a bid for the magazine. Joe Mansueto, the founder of Morningstar and owner of Fast Company, may be a potential bidder as well. [BW]

Nobody Can Tell These Magazines Apart

Hamilton Nolan · 07/30/09 03:48PM

Harper's Magazine is a wordy, smart magazine for self-satisfied liberals. Harper's Bazaar is a glossy fashion magazine. But according to the publisher of Harper's, it's a constant battle to make sure people don't confuse the two.

The Hamptons Magazine Snob-Off

Hamilton Nolan · 07/29/09 11:51AM

The high society better-than-yous who summer in The Hamptons are under the impression that there is some legitimate moral stratification of Hamptons summer society magazines. They fuss and fight as if they were doing something marginally useful, or coherent!