FishbowlDC TVNewser TVSpy LostRemote AgencySpy PRNewser GalleyCat SocialTimes

Archives: October 2008

Happy Halloween: The World of Print Media is a Very Scary Place

The last seven days have been terrible ones for print media. While the demise of print has been long discussed certainly no one could have foreseen the speed with which it is happening. At a keynote address in New York yesterday morning Time Inc. CEO Ann Moore told the audience that this October looked like 1931.

“Time Inc has never had so many advertising clients in trouble at the same time. The declines are stunning.” Moore added that she didn’t care if it technically isn’t a recession. “It is one for us.”

Recession or otherwise it’s definitely depression causing to read and write about the continual layoffs. And while we can’t control the news, it is Halloween! So to that end we are at least going to have a bit of fun and find all our favorite scary movie scenes throughout the day via the magic of YouTube hopefully mitigating slightly the scariness of the newscycle.

The FishbowlNY Newsstand: Your Morning Glance

EXCLUSIVE: Tom Cruise and Scientology Sued Again for $265 Million

Tom Cruise and the Church of Scientology are the targets of an amended Florida lawsuit that seeks more than a quarter of a billion dollars, FBLA has learnedtom-cruise-2.jpg.

Ex-Scientologist Peter Letterese, using the RICO statute against the Church of Scientology, originally sought $250,000,000 in a suit filed in July. In the amended suit, filed Oct. 24, he added another $15 million to the total.

In court papers obtained by FBLA, Letterese leveled serious charges against Cruise and the Church. He claimed that Cruise and Scientology bribed and improperly influenced a federal judge, a Florida state judge and a federal bankruptcy trustee to tie up his original law suit in bankruptcy court.

Cruise could not be reached for comment and the Church of Scientology did not return phone calls. (Click here to see Tom Cruise discuss Scientology.)

“Letterese’s lawyers are really putting a lot on the line,
potentially their careers, accusing federal and state judges of taking pay offs,” said Los Angeles private eye Paul Barresi, who had done some work for Cruise in the past.

“Without compelling proof to support these scurrilous allegations, like video of the judges being handed envelopes stuffed with cash, I think Letterese stands a better chance of successfully bouncing down a flight of stairs on his head than he has of winning this law suit,” Barresi added.

Reed Martin Wanted To Tell His Story His Way

New York University adjunct associate professor Reed Martin wanted to clarify the aim and the scope of his new book, “The Reel Truth,” which FBLA wrote about last week. To be honest, we gave an honest interpretation. As marketing books are extremely difficult to market and having contributed to several marketing texts in the past, we simply told him Good Luck. That wasn’t enough.

To wit, we’ll let Mr. Martin have it his way:

“NYU adjunct associate professor Reed Martin has written a new book he hopes will help first- and second-time indie filmmakers navigate the current economic downturn. ‘The Reel Truth,’ (Faber & Faber, Jan. 2009) draws from more than 100 interviews with leading names in the independent film world, which has seen its share of hard times of late. This past year alone saw the closings of New Line Cinema, Picturehouse, Paramount Vantage, and Warner Independent Pictures, as older audiences stayed home with Netflix rentals and TiVo while younger moviegoers found it hard to pull away from Facebook updates and Xbox LIVE.”

See more below:

Read more

Baked Alaska|Obama is the New National Past-Time|Joe the Publicist|Today Was Not a Good Media Day

There Is No Good News in the Media

no good news10.30.08.jpg

From page one of Google. A Bible studies company, something about South Africa and two articles from at least a year ago. Well, that didn’t make us feel better at all.

Where an Election Party Serves as Today’s Silver Lining

vote10.30.08.jpgWell today has sucked. So what’s the good news? Well… um… this endless election is almost over. And that means we get to party.

Voter registration group Headcount, which has signed up over 100,000 new voters at almost 1,000 concerts during this election cycle, is holing one final show this Monday at the Highline Ballroom.

Bold-faced names include Joss Stone — who we’re told will debut her new political anthem, “Governmentalist,” (wait, isn’t she British? — Robert Randolph, Questlove and many special guests. There will also be hope… and drinks, which is what we all really need.

Details after the jump.

Read more

Portfolio.com Also Being Severely Scaled Back?

portfolio.gifThis must have been what it felt like to work on Wall St. a few weeks ago. After announcing company wide cutbacks this morning, followed by news that both Men’s Vogue and Portfolio were going to be scaled back there are rumors that Conde Nast is going to cut the portfolio.com website down to virtually nil. Peter Kafka at Media Memo is reporting that the website staff of roughly two dozen will be cut down to as little as three and that the decisions as to who will go and who will stay will be made over the next few days. Reports Silicon Alley Insider: “It’s a bloodbath,” we hear, “But a very slow and polite one.”

No doubt there are a lot of financial intricacies at work here that we have no idea about, but why you would want to cut the website of a publication geared to covering all aspects of the business industry during a financial crisis is really beyond us. Seems like the website was Portfolio‘s best, strongest chance at relevance. Stay tuned.

Beatles Videogame Coming Out in 2009

They once said all you need is love. That might be amended now to All You Need Is Videogamesbeatles.jpg — if you’re a fan of the Beatles.

A new Beatles videogame from MTV Games will be in stores in time for the holiday season, according to Variety.

The partnership is the first time Apple Corps., EMI Music, Harrisongs and Sony/ATV Music Publishing have agreed to present the Beatles’ music in a video game presentation. Executives from Apple, MTV and game developer Harmonix announced the game today in London, giving few details beyond the game’s existence, noting further announcements would come in the next few months.

“The game is in development,” said Jeff Jones, CEO, Apple Corps. “We don’t want to talk about how it will turn out a year from now. We’re in the process of creating the game.”

The game will include songs recorded during the Beatles tenure within EMI, 1962 to 1969, and it is possible the entire catalog will be used.

Paul McCartney, Ringo Starr, Olivia Harrison and Yoko Ono Lennon have been part of the conversations regarding the design, layout and roll out of the game. Discussions, both creative and financial, between Apple Corps. and MTV began 17 months ago.

Finally: Conde Nast Portfolio Scales Back

portfolio10.30.08.jpgFrom jury duty, Mixed Media blogger Jeff Bercovici broke some news (admittedly, about his own magazine, but still impressive. Jon Fine also heard the news.) In a post about Men’s Vogue, Bercovci included a note about Conde Nast Portfolio:

“There are also some changes right here at Portfolio: A spokeswoman says the frequency will be reduced to 10 times a year, from 12.”

The magazine, which drawn criticism for its cover choices and struggled to live up to its $100 million launch price, has long been subject of death rumors. It will be interesting to see if embattled editor Joanne Lipman survives.

<< PREVIOUS PAGENEXT PAGE >>