We hear that there were four editorial layoffs at Good Housekeeping today as part of the broader Hearst layoffs we mentioned yesterday. And FishbowlNY reports 20 layoffs at M. Shanken Communications, the publisher of Cigar Aficionado, Wine Spectator, and Food Arts. And Eric Schurenberg, the managing editor of Money, was laid off today as part of the Time Inc. layoffs.
♦ Michelle Obama may end up on the cover of Vogue in the next few months: "It's been a long-standing tradition to photograph the new first lady. So needless to say, we are very interested in working with Mrs. Obama." But Ebony may get there first. [WWD]
♦ Shares of Rupert Murdoch's News Corp. plunged today following the company's announcement it's revising its 2009 forecast. [Bloomberg]
♦ New York television critic John Leonard has died. [Vulture]
♦ A round of layoffs have hit Hearst, although the exact numbers haven't been released. [Folio]
People tend to write off the Times Thursday Style section as frivolous and surreal. But today it exposed an unjust annoyance inflicted mercilessly on the entitled rich: fashion magazines showing clothing with prices available "upon request," when in fact that very clothing cannot be purchased at all, because it doesn't exist as a product! Vogue, for example, strongly implied one could buy a Roberto Cavalli goat-fur coat with a bit of shopping, but that was terrible lie. The Times' investigative journalism:
♦ ABC appears to generated the highest ratings as the election results rolled in last night. NBC came in second and CNN ranked third. [TV Decoder]
♦ Time is rushing to produce a commemorative issue of the mag by the end of the week. [HuffPo]
♦ Both People and Us Weekly will feature Obama on the covers of the next issue. [NYP]
♦ Can The Daily Show survive an Obama presidency? and how will other media outlets deal with the post-election dropoff? [Politico, AdAge]
♦ An explanation of that holography thingie on CNN last night. [YouTube]
A tipster tells us there have been "Major, across-the-board layoffs at Hearst. All magazine titles had cuts, even the healthy mags had cuts, in all departments. Management says it's because of the economy." Hearst has already canceled its holiday party, and its top competitor Conde Nast just had layoffs of its own. If you have any info, please email us ASAP.
There's so much bad news in the print media world these days that we just have to roll it all up for you in one convenient post that you can read here, on the internet, where we are responsible for killing print. Today in the Death Of Print Daily: Big layoffs at Rodale and the Seattle Times, the death of Out Traveler, and a tipster describes just how poor the Village Voice is these days:
Now is the time when campaign reporters file their last, wistful dispatches of this hellbound two-year horse race. There is an absolute mess of these things! They all serve to fill space on the final, news-free days of the campaign, and also to remind readers of the invaluable role that the true heroes—political reporters—play in our democracy. We've slogged through the morass of remembrances today in order to answer the meta-question that really matters: what did this campaign mean to the media? You have to remember that for a lot of reporters, today is the last gasp of glory. By the end of this week the campaign will be over, and there will be far fewer opportunities to go on TV and be "experts." There may also be far fewer opportunities to be, you know, reporters; some percentage of these people are bound to be laid off in the coming year. We already know that the LA Times will be laying off the bulk of its Washington bureau. And most ofl those plucky young embedded reporters from TV networks are preparing to be fired when this thing wraps up. Everybody wants to make sure that you know that they were on the inside. Just because you, the consumer, didn't get all the colorful anecdotes in your morning paper doesn't mean that they didn't happen. Reporters have all types of fun memories from the campaign that they would like to share with you now that the campaign is over! Most of these fall into two categories: the "God these candidates are more morally bankrupt than I could ever say outright in the pages of my tepid publication," and the (more popular) "I made friends with important people!" Some key examples of each: God these candidates are more morally bankrupt than I could ever say outright in the pages of my tepid publication Michael Scherer from Time went to some Republican retreat in Michigan where politicians "came there to speak to state party activists, serving up stump pomp while waiters in white-tie tuxedos served drunk diners with pecan-coated ice cream balls." Then he finds a regular lady who says everyone in town is not like that. He rejoices. HuffPo's Sam Stein was set upon by a gang of disgruntled Hillary supporters in a Washington bar. "And soon the denizens were letting me have a piece of their mind. 'HuffPost sucks! HuffPost sucks!' they chanted, as I bit into my now-arrived Reuben. 'Fox News, fair and balanced! Fox News, fair and balanced!'" Although he does not say so, he hates them. Marc Ambinder from the Atlantic recalls watching Obama's little daughter Sasha talking to her daddy on stage at the Democratic convention; it "was very cute, but it also revealed how staged even Obama’s campaign had become." The thought of a little girl talking to her dad now makes him want to absolutely vomit. Politics has ruined him. I made friends with important people! Wacky old Dana Milbank from the Washington Post remembers Mike Huckabee "taking reporters hunting, taking them jogging, taking them to the barber for a face massage and shave." Dana Milbank would not object to being asked to appear on Mike Huckabee's teevee show, if Mike Huckabee so chose. Ana Marie Cox from Time had fun singing karaoke with McCain campaign hacks Mark Salter and Steve Schmidt. Salter even sung Dylan tunes! Later they went back to figuring out how to oppress black people. Adam Nagourney from the Times liked nothing better than sharing his Christmas dinner with failed Hillary flack Howard Wolfson: "We were quick to discover that there aren't a lot of restaurants open in Des Moines on Christmas night (or bars, but that's another story). But what was open was sure to warm the heart of two displaced Jews from New York: A Chinese restaurant." Aw! Then they made passionate love. You see, just about everyone on the campaign trail goes a little crazy. It's classic Stockholm syndrome; trapped on buses and planes for months on end, reporters come to regard their captors as friends. Just to get a fact-free look back at the election season to fill a hole in its Week in Review section yesterday, the NYT had to turn to Frank Bruni, who's spent the entire campaign eating brains at Manhattan's finest restaurant. But they needed an outsider who could say about this godforsaken campaign, presumably with a straight face, "that we have, if anything, undervalued and even lost sight of its significance at times." Had they put Adam Nagourney on that story, the editors would have had to spend hours rewriting his knowing asides about Howard Wolfson's bewitching cologne. For the media, the campaign means life. It means purpose, and employment, and attention, and a sense of self-importance. It's an unparalleled opportunity to cast oneself as an expert with no qualifications whatsoever, and to profess to speak for millions of "real Americans" without any factual basis. In reality, campaign reporters have a far less objective view of the Presidential race than a fat, laid-off auto worker sitting on his ass playing XBox in the ugly part of Toledo. It takes a rare breed to remain sane during the ordeal. And we should salute those who do. So Joshua Green of the Atlantic, we salute you; you alone have found a moment that appropriately embodies American democracy:
Just because we're in the midst of the Great Magazine Die-Off and print media in general is having its worst month in the past 20 years is no reason to force editors into less-than-grand offices! We hear that Kent Brownridge, the new general manager of OK! magazine, is "having a wall removed" and combining two offices into a one big, bad, office for Kent Brownridge, at an estimated cost of $50K. "The old man is still obsessed with his old boss Jann Wenner and is insisting that his office at OK be bigger than Jann's office at Us Weekly," says our source. That, despite the fact that OK! is suffering like every other celebrity magazine. Regardless, the last thing anyone in the media wants to see is Kent Brownridge in a moderately-sized office. Carry on. [Feel free to email us, Kent!]
As we heard earlier this week, Wenner Media announced editorial layoffs today. No names have been released, but we hear the cuts were spread across Us, Rolling Stone, and Men's Journal. And All Things D has a list of the layoffs at Portfolio today, which include senior editor Ken Wells—even though "Portfolio hosted a book party for him just this week":
Vanity Fair has a new excerpt from professional media beef-starter Michael Wolff's upcoming biography of News Corp. chief Rupert Murdoch. Murdoch already said publicly that the book is flawed, but his problems with it seemed to center on how some of his business relationships are portrayed. The excerpt today, disappointingly, focuses on Murdoch's family life, and some of it is predictable. Friction between the new wife and the old wife and the kids from the old wife! Drama about succession! The only real interesting parts come when Wolff starts riffing on Murdoch's greedy ambitious kids and their Oedipal tendencies: Prue, Murdoch's eldest daughter, is a weirdo, says Wolff. But at least she didn't want to marry her mom, yuck!:
We hear that this morning Joanne Lipmann notified the unlucky Portfolio staffers who will be losing their jobs as part of Conde Nast's cost cuts and the top of the masthead was hit hard: four of the magazine's seven senior editors have been ushered out. If you know names, please let us know. An email is also supposedly going out to the staff later today with management spin on the cuts.
♦ What does Bravo have in the works to replace Project Runway if it moves to Lifetime? There's a Runway ripoff called The Fashion Show. There's also Celebrity Sew-Off, in which "celebrities" will compete in a competition for their own clothing label, which should be totally awesome because we've always wanted to buy jeans designed by Jill Zarin. [THR]
♦ The sponsors for Bravo's fifth season of Top Chef? Campbell's Soup, Diet Dr. Pepper, and Quaker. [AdAge]
♦ Because you haven't heard enough about Bravo today, the NYT magazine profile of Bravo boss Lauren Zalaznick (left) is now online. [NYT]
♦ More details on the cuts and layoffs at Condé Nast. [NYP]
♦ Condé Nast's glitzy Fashion Rocks show is no more. [AdAge]
Remember when people aspired to be magazine editors? So archaic. Editing a magazine has become pedestrian. Now one must be a magabrand curator, lording over an entire stable of loosely related titles that make up your own media mini-empire. Why should Anna Wintour settle for editing Vogue when she could become the "editorial director" of a whole slew of Vogue spinoffs? That was good aspirational thinking. Until yesterday. Yesterday, Men's Vogue folded. That was a major embarrassment for Anna Wintour. She was a force in the women's fashion world, but she thought she was destined to build her own fashion magazine empire in her own little corner of Conde Nast. MV was supposed to be a big part of that. Now it's dead, along with Fashion Rocks, the huge advertorial project that Conde Nast put on each fall. Teen Vogue is rumored to be shaky as well! That means fashion advertising is weak overall, and Anna's dream is deferred. If not dead. You know who this should be of concern to? Dave "Abs" Zinczenko! And every other aspiring magabrand mogul. Dave Z made his name editing Men's Health, but now he oversees a bunch of "Health" titles, writes ridiculous "Health" books, and goes on the Today show as an expert all the time. He's not an editor, he's a brand name. Until the advertising collapses! Then he's back to being just another dude checking copy and approving pages and hopefully getting out of the office in time to go to the gym, not so he can look good on TV, but just so he can feel good for himself. Don't worry. Pretty soon you'll be thankful just to have those editing jobs. [Pic via Reuters]
The publishing landscape is so bloodied right now that it's hard to keep track of all the corpses. This month has seen the end of Radar, Men's Vogue, CosmoGirl, 02138, Culture + Travel plus cuts at Time Inc., Portfolio, Niche Media, and Doubleday. Wow. Two casualties have gone largely unnoticed. A tipster informs us that Town And Country Travel closed a few weeks ago to little fanfare. Meanwhile, the New York offices of London-based travel book series Rough Guides are said to have closed, presumably doomed by declining travel, a declining pound — and perhaps a Gotham too depressing to visit. (Publishers, we know things are rough, but do allow us to give all your titles proper burials.)
Portfolio, Conde Nast's $100 million business magazine, has finally hit what will probably prove to be a permanent downward slope. The latest word is that the magazine is laying off 20% of its total staff—including the vast majority of its web staff—and cutting publication to ten issues per year. Of all the troubled magazines lately, Portfolio is the most significant. Because the decline of Portfolio marks the final, incontrovertible end to the days of big, brash print magazine launches. The good times are over, kids. Portfolio had lots of things against it from the start. The $100 million investment from Conde Nast placed almost superhuman pressure for immediate success on the editor. And that may have been the biggest problem of all: the editor, Joanne Lipman, was not particularly good at her job. Lately she may have even been losing the patient support of Si Newhouse, her overlord and protector. She never really had the support of her staff, and even her deputies may have had waning enthusiasm for her management. Lipman remains in charge for now; but if the magazine survives in the long term, it will probably not be with her at the helm. The magazine's immediate problems are the same ones that face everyone else in the business media: that at the time of this economic crisis—the biggest possible story—there are also the fewest possible advertisers. (It didn't help that the magazine decided to ignore the crisis altogether on the latest cover). Portfolio made a big show of attracting high-profile talent with big paychecks; that was when Wall Street was doing well. Now, they'll have fewer issues to put those writers' material in, and a vastly simplified website without a need for a lot of daily content. Some people will have to go. Big names will be leaving Portfolio soon, upset that they signed on there in the first place—and left without any prospect of receiving an equally good offer somewhere else. Here's the takeaway, as the business types like to say: the Portfolio gamble failed. It wasn't meant to be. Not even a bottomless budget could counteract the fundamental forces that are pushing the media online. The magazine had a lot of talent, a lot of resources, and a lot of good content; but it couldn't put together a package that justified the exorbitant investment in print. Certainly, Portfolio doesn't need to fold just yet; if they can ride out this downturn, streamline the staff, and come out stronger on the other side, they might be around for years and years to come. But their future, like everyone's, is not in the old model of no-expense-spared print behemoths. Magazines will be targeted to niches. General interest publishing will move online (which makes it strange that the mag is laying off its online staff—might be a move in the wrong direction). Thanks for giving it one last shot, Conde Nast; you offered enough proof for anyone.
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.
