new-york-times

The Cramer/Stewart Face-Off, More CNBC Drama

cityfile · 03/12/09 11:04AM

Jim Cramer hits The Daily Show tonight. And in what can only be interpreted as an effort to dial down the ass-kicking headed his way, Cramer is now claiming Jon Stewart is "his idol." Good luck with that there, Jim. [HP]
• Should CNBC's Erin Burnett really be making appearances on Donald Trump's Celebrity Apprentice? Maybe not: "NBC keeps testing the limits between news and entertainment in pursuit of cross-promotional synergy." [NYT]
• "Sully" Sullenberger has scored a two-book deal worth $3 million. [TDB]
Ann Coulter "has been especially noisy in her self-promotion lately," which may have something to do with the fact her book isn't selling. [Portfolio]
• More and more TV shows are working the recession into storylines. [ABC]
• These are dark days for the newspaper biz, as you've probably heard. [NYT]
• More on Ross Douthat, the conservative blogger who has been hired by The New York Times to take over Bill Kristol's Op-Ed column. [E&P]
Post staffers reflect on the life and times of Braden Keil, the paper's real estate columnist who died on Tuesday and who will be very much missed. [NYO]

Please Buy the NYT Co's Jet

Hamilton Nolan · 03/11/09 01:46PM

In your blustery Wednesday media column: the newspaper industry burns, News Corp can't handle hardcore music, NPR needs more black people, and the NYT sells a jet:

The New York Times Jet: Yours for $9.5 Million!

cityfile · 03/11/09 10:56AM

Editor & Publisher's Mark Fitzgerald and Jennifer Saba report that the New York Times Co. is selling its private jet, news that the company apparently included in its annual proxy, which was filed with the SEC this morning. But it looks like they've been trying to unload the 1997 Dassault Falcon for close to two months now: It appears the plane was first officially listed back in mid-January. Isn't there someone out there who can come to Arthur Sulzberger Jr.'s rescue? It's just $9.5 million! And it's loaded with extras! You'll find the full specs below. [F&J via Politico]

The New York Times's Rent-to-Own Loan

Owen Thomas · 03/09/09 03:28PM

A debt-strapped New York Times has managed to mortgage its shiny new headquarters for a quick cash infusion of $225 million. But at what cost? Some quick Excel work gives us an ugly answer:

Brian Williams: Double the Fun?

cityfile · 03/09/09 03:06PM

Given the questions that have been raised over the years about the ties between New York Times reporter Bill Carter and NBC management, it's a bit of a wonder the paper still permits him to churn out puff pieces about the network. But they do, and so today Carter happily reports that NBC News "is making a pile of money" and the NBC Nightly News with Brian Williams is doing so fantastically well that Steve Capus, the president of the division, is now thinking about becoming the "first network to expand to a full-hour newscast." There's a great idea! Now instead of not being home to catch Williams from 6:30 to 7pm, you can miss an extra half-hour between 6 and 6:30pm, too. The persuasive evidence supporting this winner of an idea is below.

The New Republic Changes Hands, The NYT Raises Cash

cityfile · 03/09/09 11:05AM

• 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]