Revolving Door Newsletter: 10.14.08

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Back to Home > Content > Departments > Revolving Door Newsletter: 10.14.08

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Macrovision Sells TV Guide; Layoffs at NYT and Mansueto Ventures

October 14, 2008

Macrovision has sold TV Guide to OpenGate Capital, a Beverly Hills-based investment firm. It was just last April that Gemstar-TV Guide merged with Macrovision, a digital software solutions firm, in a $2.8 billion acquisition. The company will retain its right to TV Guide online. The magazine, which has struggled to reinvent itself with a focus on celebrities, saw its ad pages drop 1.6 percent in the first six months of 2008... Mansueto Ventures, publishers of Inc. and Fast Company, let 20 people go, including three members of its executive committee. (One of them, Ed Sussman, had already announced his intentions to leave and helm a startup.) Mansueto also folded its digital arm into the two publications -- forcing all its employees to become versed in online -- and shuttered its Events Business Resources and Creative Services department. Oh, and the company eliminated free snacks and raised health insurance premiums, but kept complimentary soda and subsidized massages... F+W Media, which let 30 staffers go in April, is restructuring its enthusiast and hobby publications. Sarah Domville and David Blansfield, currently president of the book division and the magazine division, respectively, will serve as co-presidents. According to CEO David Nussbaum, there aren't any immediate plans to fold magazines or lay off staffers, but there might be some "minor changes" in the near future... Weekly World News, American Media Inc.'s struggling property has a new owner: Bat Boy LLC. The cheekily-named company will be headed by CEO Neil McGinness, former vice president of entertainment for IMG Media, and will focus on getting WWN merchandising and product placement deals...

Portfolio lost yet another soldier: Blaise Zerega, the business mag's San Francisco-based deputy editor, is leaving to join online video startup Fora.tv. He was Portfolio's original managing editor, stepping into the DE role after Jim Impoco was fired. Zerega is just the latest to leave the "on-the-rocks" mag. How many more defections can it take?... Saveur snagged Bon Appetit's creative marketing director Maryellen Mooney to be its New York account director... New York contributing writer Sara Cardace joins Page Six Magazine as a senior staff writer. She takes over the position left open when Rachel Syme moved to The Daily Beast...

The New York Times columnist Paul Krugman won a Nobel prize in economics for his "analysis of trade patterns and location of economic activity..." In other NYT news, Book Review critic Dwight Garner will move to the paper's Arts section, replacing William Grimes, who left to write obits... Gawker's Nick Denton hears the bad news that the Gray Lady will cut 20 percent of its editorial staff in the coming year, surprisingly from soft news sections and the Times Magazine... Alice Short comes aboard as assistant managing editor at the Los Angeles Times. She'll have many of the responsibilities formerly under the watchful eye of recently-laid-off associate editor Leo Wolinsky... Former NBC News president Andrew Lack rejoins the news world as CEO of Bloomberg News... Julie Mason, who until recently covered Washington D.C. for the Houston Chronicle, joins The Washington Examiner as White House correspondent...

USA Today is raising its cover price by 25 cents in response to increased paper costs... The great media stock sell-off has begun: Billionaire Summer Redstone parted ways with $400 million of Viacom Inc. and CBS Corp. shares, both of which were trading at or near record lows... Husband and wife Daily Show correspondents Samantha Bee and Jason Jones will create and write a sitcom for CBS... The network's radio division laid off anchors, reporters, and other staffers at two affiliates in Los Angeles: News KFWB and KNX... And there are changes at Runner's World, PC Magazine, More, Interiors, Men's Health, HarperCollins, Macmillan, Harlequin, Duomo Ediciones, and more...

October 14, 2008: Arianne Nardo has been named editor-in-chief at Interiors. She had been senior product and fabric editor there. (mb)

October 14, 2008: Heather Loeb has been named assistant editor at Men's Health. She had been reporter there. (mb)

October 14, 2008: Andrew Lack has been named CEO, multimedia, at Bloomberg LP. He had been chairman at Sony BMG Music Entertainment. (FBNY)

October 14, 2008: Tom Conti has been named head of interactive at G2. He had been head of interactive, Philadelphia, there. (AgencySpy)

October 14, 2008: Wendy Lurrie has been named president, direct and digital at G2. She had been chief strategy and marketing officer at DraftFCB. (AgencySpy)

October 14, 2008: John Paulson has been named CEO, US operations, at G2. He had been head of interactive there. (AgencySpy)

October 14, 2008: Alice Short has been named assistant managing editor, features, at Los Angeles Times. She had been features editor, California section, there. (FBLA)

October 14, 2008: Joanne Molina has been named senior arts and culture editor at Interiors. She had been managing editor there. (mb)

October 13, 2008: Molly McLaughlin has been named personal electronics editor at Consumer Search. She had been associate editor at PC Magazine. (mb)

October 13, 2008: Sara Cardace has been named senior staff writer at Page Six Magazine. She had been contributing writer at New York. (FBNY)

October 13, 2008: Corinne Iozzio has been named staff editor at PC Magazine. She had been assistant editor there. (mb)

October 13, 2008: Molly O'Keefe has been named associate publisher, advertising at Runner's World Media Group. She had been advertising director there. (FBNY)

October 13, 2008: Elizabeth Bewley has been named editor at Little, Brown Children's Poppy imprint. She had been freelance editor at Regan Books. (Publishers Lunch)

October 13, 2008: Jane Beirn has been named senior director, publicity at HarperCollins. (Publishers Lunch)

October 13, 2008: Leslie Cohen has been named executive director, publicity at HarperCollins. (Publishers Lunch)

October 13, 2008: Maryellen Mooney has been named New York account director at Saveur. She had been creative marketing director at Bon Appetit. (FBNY)

October 13, 2008: Valerie Miles has been named editorial director at Duomo Ediciones. She had been co-director at Granta En Espanol. (Publishers Lunch)

October 13, 2008: Maurizio Munaretti has been named CEO at Duomo Ediciones. (Publishers Lunch)

October 13, 2008: Dan Koenig has been named director, sales planning and operations at Macmillan. (Publishers Lunch)

October 13, 2008: Sarah Pelz has been named editor at Harlequin. She had been editor at McGraw-Hill. (Publishers Lunch)

October 13, 2008: Jordan Brown has been named editor at Harper Children's Walden Pond Press imprint. He had been assistant editor at Ginee Seo Books/Atheneum. (Publishers Lunch)

October 13, 2008: Webster Lewin has been named senior vice president and director, digital innovation and strategy, at MS&L. He had been director of mobile marketing at R/GA. (release)

October 13, 2008: Nancy Stedman has been named deputy editor, health at More. She had been executive editor at Quick & Simple. (mb)

October 12, 2008: Cesar Cruz has been named creative director at Channel V Media. He had been art director at The Green. (mb)

October 11, 2008: Tomoko Takeda has been named senior beauty editor at All You. She had been associate beauty editor there. (mb)

October 11, 2008: Robyn Greene has been named senior manager, public relations and events, Svedka at Constellation Brands. She had been senior public relations manager, global licensing, at Playboy Enterprises. (mb)

October 11, 2008: Aamir Tehseen has been named cameraman at Al Jazeera TV. He had been cameraman at DawnNews TV. (mb)

October 11, 2008: Nicole Price Fasig has been named staff editor at PC Magazine. She had been reviews producer there. (mb)

October 10, 2008: Guy Gonzalez has been named publisher, editorial director at F+W Media. He had been advertising sales director there. (mb)

October 10, 2008: Lori Sheldon has been named home furnishings director at Western Interiors and Design. She had been advertising manager at Metropolis. (mb)

October 10, 2008: Gail Horwood has been named senior vice president, digital programming and strategy at Martha Stewart Living Omnimedia. She had been executive director at InStyle.com. (FBNY)