New Mag for Conde, Cash Crunch at the Times
♦ What recession? Condé Nast is launching a new magazine in the UK. [WWD]
♦ More on the fallout from the Tribune Co. bankruptcy. [NYT]
♦ Yesterday the New York Times revealed plans to mortgage its office building; now it says it's in talks with lenders about upcoming debt payments. [AP]
♦ Jann Wenner has hired a new chief digital officer. [AdAge]
♦ Is the advertising world sexist? Maybe! [HuffPo]
♦ Jay Leno may earn $40-50 million a year for his new gig on NBC. [MP]
♦ NBC still has some Super Bowl ads available, if you're interested. [AdAge]