In your meaty Tuesday media column: rumors of coming layoffs (and a die-off?) at OK! magazine, a golf magazine is killed, advertising plummets, media companies may default, and Americans don't know a damn thing:
Item: We hear that New York Magazine recently called in its department heads and told them to prepare for more budget cuts. New York Magazine is the Gilded Age's demise, paper version.
• Jon Stewart made fun of Jim Cramer and Cramer responded in kind. Then Stewart took another shot at the Mad Money host. And Cramer responded once again on the Today show this morning. Your turn, Jonny. [HP, MM, BI]
• Okay, so CNBC didn't see the economic collapse coming. But if we're handing out blame, we better not forget about the nation's newspapers! [NPR]
• Ratings for Donald Trump's Celebrity Apprentice have tumbled. [AdAge]
• More cuts at New York are rumored to be in the works. [Gawker]
• American Express has shuttered Travel + Leisure Golf. [WWD]
• Apple is launching an American Idol iPhone application. Finally! [THR]
• Equally exciting: Universal movies are coming to your Playstation. [THR]
• Marty Peretz, former owner of the New Republic, is buying back the mag with a group of investors led by former Lazard exec Laurence Grafstein. [Politico]
• The New York Times Co. has successfully raised $225 million by selling off 21 floors of its Eighth Avenue office building. [NYT]
• "Was last week the worst one in CNBC's 20-year history—or the best?" asks the Times today. Thanks in part to Jon Stewart, we're pretty sure it was its worst, but ratings are up so CNBC execs aren't complaining. [NYT]
• Carl Icahn is stepping up his effort to take control of Lionsgate. [Variety]
• McClatchy, which publishes 30 daily newspapers, says it plans to slash 1,600 jobs, or 15% of its work force, as well as cut salaries across the board. [WSJ]
• Mag covers with Barack Obama have performed well, by and large. [NYP]
• Watchmen was No. 1 at the weekend box office, grossing $55.7 million. [EW]
• The Tribeca Film Festival announced its May lineup today. [THR]
In your philosophical Friday media column: arm-twisting at the San Francisco Chronicle, intellectual thuggery at the NAACP, body-slamming of college papers, and death and rebirth of reporters:
• Got an idea for how Arthur Sulzberger Jr. might be able to rescue the struggling New York Times? He now says he'll "consider anything." [NYO]
• Hachette plans to leave Midtown for cheaper space near Wall Street. [NYP]
• Josh Schwartz is finishing the pilot for an as-yet-untitled Gossip Girl spin-off that will be tied into GG's season finale on May 11. [NYO]
• Depressing: The story of the 55-year-old former TV Guide editor who is now an unpaid intern—yes, unpaid intern—at wowOwow.com. [LAT]
• Why did Jon Stewart go off on Rick Santelli? An unnamed "on-air host" claims Stewart is "bizarrely obsessed with" with the CNBC reporter. [Dealbreaker]
• Speaking of Stewart, Slate's The Big Money would like you remind you that Jon Stewart is not actually a journalist. Yea, thanks for that. [TBM]
In your muddy Thursday media column: the grownup version of 'Jocks vs. School Newspaper Nerds,' a blogger passes away, everything is too sexy, and rumors of magazine troubles:
In your optimistic Wednesday media column: Alt-weeklies stabbed by the internet, a Rolling Stone buys a website, college reporters fight The Man and win, and a job available!
• The Wall Street Journal's new glossy mag, WSJ, will remain a quarterly and will not be going monthly as planned due to "market conditions." [WWD]
• Amazon is launching a program to let you read books by iPhone. [WSJ]
• Fox is ahead in the ratings with 18 to 49-year-olds thanks to the success of Idol, but CBS is gaining ground and is now No. 1 among total viewers. [LAT]
• As expected, Julius Genachowski has been nominated as FCC head. [AP]
• Cablevision will soon start targeting TV ads based on "income, ethnicity, gender or whether the homeowner has children or pets." [NYT]
• WNBC's new digital channel, New York Nonstop, launched Monday. [NYDN]
• David Carr's Carpetbagger blog will not be a year-round thing. [NYT]
• Good news, unemployed TV journalists: Dan Rather is hiring. [NYO]
The Wall Street Journal's magazine WSJ. was the glossy linchpin of Rupert Murdoch's plan to grow his beloved newspaper's revenue. But instead of minting money like the New York Times' T, it's shriveling.
• The recession hasn't been all that bad as far as Hollywood is concerned: Ticket sales this year are up 17.5% and attendance is up 16%. [NYT]
• Viacom and CBS chieftain Sumner Redstone will have until the end of next year to sell off assets in order to repay his enormous pile of debt. [WSJ]
• Hearst is looking to charge readers for online access to its newspapers. [WSJ]
• Univision has laid off 300 people, or 6 percent of its workforce. [AP]
• Hachette is planning to reorganize its collection of women's titles. [WSJ]
• The recession has forced food mags to focus on cheap dining options. [NYT]
• Sarah Silverman's Comedy Central show hasn't been renewed yet and now the show's executive producers have threatened to quit the network. [THR]
• Madea Goes to Jail was No. 1 at the box office again this weekend. [NYDN]
• Another Bernie Madoff-related book is in the works. [NYP]
We hear Bauer Publishing just summoned its entire staff to the office in a frantic effort to get ahead of the coming New York snowstorm. Bad weather + Media depression = panic!
