Fortune

Time Inc. Closes Door on Buyouts Today - Posted 2 days, 22 hours ago
As People magazine celebrates Johnny Depp as the "Sexiest Man Of The Year" (again), everything is not well in the state of People's publisher Time Inc. The company is still looking to trim $100 million from its budget through layoffs and buyouts, which could include up to 90 editorial positions at... [FishBowlNY]

Former Time Inc. Exec On Recent Cuts: Positioning For A Better Future - Posted November 5, 2009
The expected cuts at Time Inc. started this week, with layoffs at Sports Illustrated, Entertainment Weekly and, Essence and Essence.com. The company has shuttered FSB, resulting in more staff cuts, and is seeking volunteers for buyouts at People, Time and Fortune -- which could lose as many as 40 staffers. As Time... [FishBowlNY]

Time Inc. Layoffs: Sports Illustrated Hit First, More To Come - Posted November 4, 2009
Layoff news started trickling out of Time Inc. last night: The New York Times reported that 15 to 20 sales and marketing staffers were laid off from Sports Illustrated. But, we expect many more cuts to be announced later today as the magazine publisher looks to trim $100 million from its... [FishBowlNY]

An Inside Look At Time Inc.'s Assignment Detroit - Posted October 30, 2009
Earlier this week, we got a chance to chat with Steven Gray via Skype. Gray is a Time magazine correspondent based in Time Inc.'s new Detroit bureau, established earlier this year in a house in the Motor City. Gray is the only person living full time in the house, but many... [FishBowlNY]

A New Direction For Forbes? - Posted October 29, 2009
Now that the latest round of brutal layoffs is under way at the publication known as the Capitalist Tool, word on the street is that Forbes is looking to take its content in a new direction. This week's cuts -- which were said to affect as many as 100 employees company wide... [FishBowlNY]

This Week's Layoff News: Teen Vogue, Details and More - Posted October 28, 2009
While we await sad news of layoffs that is likely to come out of Forbes this week, Condé Nast continues to pare down its staff and there's more news on impending Time Inc. cuts and The New York Times buyouts. - Yesterday, we heard whispers of cuts among the editorial staff... [FishBowlNY]

Media Moguls Make Their Mark On Fortune's "40 Under 40" List - Posted October 23, 2009
Fortune magazine has revealed its "40 Under 40" list -- a compilation of the youngest and the brightest minds in the business world. And we were pleased to see a number of media executives making the cut and ranking near the top. Our industry could use all the young blood and... [FishBowlNY]

Digital Azbee Finalists Announced|New York Not For Sale|Fortune Plans To Cut Issues|Letterman Sex Tape - Posted October 22, 2009
WebNewser: ASBPE anoouned its digital Azbee Web Site of the Year finalists today, a list that included BusinessWeek, CIO, InfoWorld and TechRepublic. AdAge: New York Magazine is not for sale, New York Media CEO Anup Bagaria told staff in an internal memo today. Wall Street Journal: Fortune planning to publish one-quarter fewer issues... [FishBowlNY]

Digital Azbee Finalists Announced|New York Not For Sale|Fortune Plans To Cut Issues|Letterman Sex Tape - Posted October 22, 2009
WebNewser: ASBPE anoouned its digital Azbee Web Site of the Year finalists today, a list that included BusinessWeek, CIO, InfoWorld and TechRepublic. AdAge: New York Magazine is not for sale, New York Media CEO Anup Bagaria told staff in an internal memo today. Wall Street Journal: Fortune planning to publish one-quarter fewer issues... [FishBowlNY]

Taking Another Look At The BusinessWeek Deal - Posted October 14, 2009
Yesterday afternoon came the long-awaited news that Bloomberg LP had snapped up McGraw-Hill's BusinessWeek. This morning, there are a few new points of view on the deal, which is said to have cost Bloomberg less than $5 million. Bloomberg also reportedly agreed to assume all of BusinessWeek's liabilities, including the cost of... [FishBowlNY]

Time, Fortune Put Detroit On The Cover - Posted September 24, 2009
As if buying a house in Detroit to house a bureau there wasn't enough, Time Inc. is featuring the Motor City on the upcoming issues of both Time and Fortune. Time Inc. Editor-in-Chief John Huey explained the move in his letter to readers, featured in both magazines: "Not all that long ago, Detroit... [FishBowlNY]

Time Inc. Launches Assignment Detroit - Posted September 21, 2009
Our colleagues have a story today about Time Inc.'s newest initiative Assignment Detroit. According to the company, the project is year-long commitment to living in and reporting from the city of Detroit with reports from the Motor City appearing in various Time Inc. publications and Web sites, including Time magazine, Time.com, Fortune,... [FishBowlNY]

Fortune Recognizes Media Mavens On 50 Most Powerful Women List - Posted September 11, 2009
It's no surprise that some media movers and shakers made their way onto Fortune's 50 Most Powerful Women List. Oprah Winfrey, who topped ForbesWoman's list of of the most influential women in the media earlier this summer, was the top media leader on Fortune's list as well. The Harpo chair ranked sixth... [FishBowlNY]

Former Portfolio Deputy Editor Impoco Joins Reuters In Newly Created Role - Posted August 17, 2009
Jim Impoco, the business journalism vet who had the misfortune of being fired by Portfolio Editor-in-Chief Joanne Lipman last year before the Condé Nast business publication folded earlier this year, has taken up a new post at Reuters. Impoco, a longtime editor for The New York Times, has been appointed enterprise... [FishBowlNY]

FLYP's James Gaines Offers Old Media A New Way Of Thinking About Online Content - Posted August 13, 2009
Now it's time for something completely different. In the current era of searching for "what's next" for the media industry, James Gaines, a former managing editor at People, Time and Life magazines thinks he has found the answer in FLYP Media, an online, interactive publication that combines old fashioned journalism with... [FishBowlNY]

Hachette's Parent: No Talks With Hearst Over Elle - Posted July 29, 2009
An incendiary story in today's New York Post has prompted Lagardère Active, the parent company of Hachette Filipacchi Media U.S., to issue a staunch denial. In today's "Media Ink" column, the Post's Keith Kelly said an unnamed source had told him Lagardère was in talks with Hearst Corp. about possibly taking... [FishBowlNY]

Digital Book Publishing, Gawker's Revenues and Ashton Kutcher On The Menu - Posted July 28, 2009
Today on the media- bistro.com Morning Media Menu podcast, hosts Jason Boog of GalleyCat and AgencySpy's Matt Van Hoven were joined by AgencySpy co-editor Kiran Aditham to discuss the day's big media headlines. Jason opened the show with a discussion about HarperCollins' appointment of an editorial director of digital. "It's sign that... [FishBowlNY]

More On Ben Silverman's New Project - Posted July 28, 2009
Embedded video from CNNMoney.com Video Yesterday, IAC announced that NBC Universal co-chair Ben Silverman was leaving the network to launch a new venture for Barry Diller's media company. Silverman's two-year stint at NBCU has been fraught with speculation of his inevitable exit thanks to expensive flops like "My Own Worst Enemy" and "Knight... [FishBowlNY]

As Business Magazines Stuggle, Fortune Revamps - Posted July 16, 2009
Yes, business magazines are in trouble. This week there's been news of BusinessWeek going up for sale and Forbes.com's CEO stepping down. Now, The New York Post's Keith Kelly says Time Inc. editor-in-chief John Huey has turned his attention towards Fortune. Kelly reports that Huey has put together "a high-level SWAT team... [FishBowlNY]

The Sad State Of Business Mag's Advertising - Posted July 15, 2009
Following on the heels of the news last week that magazine advertising revenues were down last quarter (big surprise there), we then learned that BusinessWeek was up for sale. Could there possibly be some correlation? Well, see for yourself. Nat Ives at AdAge.com has put together this depressing chart, marking how ad... [FishBowlNY]

Former HuffPo CEO On Departure: "Bummer" - Posted June 17, 2009
On Monday, the Huffington Post announced that it had named a new CEO, longtime board member and venture capitalist Eric Hippeau. Current CEO Betsy Morgan, who joined the online publication in October 2007 from CBSNews.com, would be stepping down and relinquishing her own spot on the HuffPo board, the company reported. When... [FishBowlNY]

Time Inc. Looking For Buyout Volunteers Before Commencing Mandatory Layoffs - Posted November 10, 2008
We're beginning to get more details about where the 600 layoffs Time Inc. announced last month will land. Over at All Things D Peter Kafka is reporting that managing editors at Time, People, Sports Illustrated, Fortune, and Money — all of which employ Newspaper Guild members — will send out... [FishBowlNY]