Diane Newman has left her position as Group Publisher at American Media Inc. The details about her departure are a little murky, reports Adweek. AMI apparently reported last month that Newman was on personal leave, and today said she has departed for “personal reasons.”
Posts Tagged ‘AMI’
America has the shame of Guantanamo Bay, the ridiculousness of Apple fanaticism and the sadness of Lil B’s Twitter account, but we are not accepting Reality Weekly, and we should all be proud of that.
Official numbers aren’t yet available, but sources told WWD that sales for the magazine have been terrible. Apparently the debut issue sold only about 100,000 copies, despite 500,000 being available at newsstands. From there things got worse, as following issues sold even less.
AMI, Reality Weekly’s publisher, is disputing WWD’s report; they say that the numbers are higher. But FishbowlNY believes that the magazine has been a dud. We believe that for once, we all have chosen to ignore the ubiquitous reality TV celebrity world. We believe that people — despite their downfalls — are inherently good. And dammit, we believe in America.
After taking a major step towards solving their bankruptcy woes yesterday, AMI is at the center of some more good news today as their own Star magazine hired Cheryl Kramer Kaye as beauty and fashion director. Kramer Kaye comes over from Redbook where she had a 10-year stint as beauty director and introduced the MVP awards to recognize the industry’s best beauty items. She will replace Tara Kraft who left Star last month to become editor-in-chief at Shape.
Star editor-in-chief Candace Trunzo spoke highly of her newest appointment and expects Kramer Kaye to flourish in her new role:
She is one of the most respected and talented editors in the industry and will add a great new dimension to our beauty and fashion coverage.
In addition to her time at Redbook, Kramer Kaye brings over two years of experience as beauty director at Fitness. Kramer Kaye joins EVP and publishing director Diane Newman and Shape VP/publisher Brian Gruseke in a recent string of employees AMI has poached from rival publishers. Star is closing up a successful 2010 where they witnessed ad pages rise to 18 percent through November — much of the increase is credited to beauty and fashion content.
Looks like the layoff wave has rolled into NPR. Despite reaching “near-record audience levels on-air and online,” NPR has announced that due to the current economy and a shortfall in corporate underwriting they are laying off 7% of their workforce and cutting expenses: “A total of 64 filled positions have been eliminated against NPR’s current staff of 889, 21 open positions will not be filled and travel and discretionary expenses have been cut across the organization. The press release (in full after the jump) says that a significant number of the cuts will come from the cancellation of NPR produced programs — Day to Day and News & Notes. UPDATE: FBDC has the staff memo.
Meanwhile AMI, the company that publishes Star magazine and the National Enquirer is on the verge of filing for bankruptcy. The NYP is reporting that the company missed a Dec. 1 final deadline to make a $21.2 million interest payment and is “feverishly negotiating with bondholders of $1.1 billion of its debt.”