new-york-times

BusinessWeek's New Bidder; John Stossel Joins FNC

cityfile · 09/10/09 02:10PM

• It looks like there's a new frontrunner to take over BusinessWeek. Mayor Bloomberg's media company, Bloomberg LP, has bypassed Bruce Wasserstein as the leading contender to take over the McGraw-Hill-owned mag. [NYP]
• After close to three decades at ABC News, John Stossel is leaving the network to join Fox News and Fox Business Channel. [FNC, TVN]
• Not all magazines are closing down or trimming operations. Cesar Millan and IMG have launched a title for dog owners called Cesar's Way. [WSJ]
• There's been an editorial shakeup at O, The Oprah Magazine. [NYP, WWD]
• Will this season be the last for Oprah Winfrey's daytime talk show? [NYDN]
Graydon Carter appears to have been granted a pass. The Vanity Fair editor reports he hasn't been forced to sit down with the flock of cost-cutting McKinsey consultants now prowling the halls of Condé Nast. [NYO]
• A judge has tossed out a lawsuit by Missy Chase Lapine, the author who claims Jessica Seinfeld ripped off her cookbook last year. [AP]
• According to the Wall Street Journal, "Bonnet books," or Amish love stories, are "a booming new subcategory of the romance genre." Who knew? [WSJ]

The Cronkite Memorial, Another Times Kidnapping

cityfile · 09/09/09 02:18PM

• A long list of media luminaries and politicians, including President Obama and former president Clinton, turned out for this afternoon for a memorial service at Avery Fisher Hall in honor of Walter Cronkite. [WP, NYT, LAT]
• Stephen Farrell, a New York Times reporter taken hostage by militants in Afghanistan, was freed early this morning following a raid by British commandos; his Afghan interpreter, however, was killed. [NYT, E&P]
• The McKinsey consultants who have been reviewing operations at Condé Nast are finishing up their work and will be submitting their findings shortly. So what changes are in store for the magazine conglomerate? No one knows for sure, but further budget cuts and a closure or two are entirely likely. [NYO]
• McGraw-Hill, the parent company of BusinessWeek, reports that 93 different buyers have expressed an interest in acquiring the struggling magazine. [BN]

Tyra Banks Launches a Magazine; Another Paper Launches a Wine Club; Hollywood's Mediocre Summer

cityfile · 09/08/09 01:06PM

Tyra Banks is launching a web-based magazine. Tyra: Beauty Inside & Out will feature an "audio 'manifesto' that asks readers to dream big, ignore the haters, celebrate uniqueness and seek the beauty in everything." [WWD]
• James Patterson has signed a 17-book deal with his publisher, Hachette. And all 17 of them will arrive in bookstores before the end of 2012. [AP]
• All the competition online appears to be taking a toll on the Zagat guide series. Sales are down and the company has been laying off staff. [NYP]
• It was a mixed bag for Hollywood studios hoping for a big summer box office. Revenue was up 2 percent, but attendance fell 2 percent, too. [NYT]
The Final Destination and Inglourious Bastards came in at No. 1 and 2 at the box office this weekend, beating out a handful of newcomers. [LAT]
• Following in the footsteps of the Wall Street Journal and New York Times, USA Today is the latest newspaper to launch an online "wine club." [E&P]

Charles Gibson Retires, Diane Sawyer Replaces Him

cityfile · 09/02/09 01:11PM

Charlie Gibson is retiring as anchor of ABC's World News Tonight at the end of the year; he'll be replaced by Diane Sawyer, who is stepping down as anchor of Good Morning America to take the job. And now Brian Williams will soon be the only man anchoring a nightly network newscast. [NYP]
• The 66th installment of the Venice Film Festival kicked off today. [THR]
• Thanks to the success of Royal Pains and Burn Notice, USA has scored the highest summer ratings in the history of cable television. [B&C]
• Current TV's Laura Ling and Euna Lee have broken their silence and are now describing some of what happened when they were captured in North Korea. Not all it, though. You'll have to buy their book to read the rest. [LAT]
• Is Jared Kushner looking to unload the Observer? That's the rumor. [Gawker]

The Internet Faces Frightening, Market Driven Future (But Shouldn't)

Andrew Belonsky · 08/31/09 04:27AM

Happy Birthday, Internet! This September marks the 40th anniversary of our virtual god, and, as happens with the marching of time, it faces some changes. The scope and impact of those potential changes remains to be seen, but they're scary!