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Rupert Murdoch Files for Divorce, Won’t Affect News Corp Split (Deadline Hollywood)
News Corp Chairman/CEO Rupert Murdoch filed for divorce from wife Wendi Deng Murdoch Thursday morning in New York State Supreme Court, Deadline learned at 9 a.m. The divorce will not impact Rupert’s mega-media holdings, according to insiders, and was deliberately announced for maximum transparency before News Corp spins off its publishing assets into a separately traded company by June 28. WSJ Nearly all of the Murdoch family’s voting stock — a block of 38.4 percent — is held through the Murdoch Family Trust, whose beneficiaries are Rupert’s six children. It is likely that a prenuptial agreement makes it impossible for Wendi to obtain voting shares in the company in the event of a divorce, an attorney familiar with New York laws said. The attorney added that a New York judge would probably not award her any stock in court, as New York courts generally don’t keep people as partners in business when they can’t stay partners in marriage. TVNewser The couple married in 1999, 17 days after Rupert’s divorce from his second wife was finalized. They have two daughters together: Grace, 11, and Chloe, 9. Wendi, who is the chief of strategy for MySpace in China, famously slapped a man who attempted to attack Rupert during his testimony in front of a British Parliament committee about phone-hacking at his London newspapers. NY Mag / Daily Intelligencer For years, it seemed apparent to Rupert’s lieutenants that he was living a separate life from Wendi and was OK with it. Wendi, for her part, seemed happy, too. Wendi reinvented herself as an alpha mom and Hollywood personality, striking up friendships with a diverse circle that included Sergey Brin and Nicole Kidman. THR A spokesperson for former British prime minister Tony Blair flatly denied media rumors that Wendi was romantically involved with him. FishbowlNY Is a new, future ex-Mrs. Murdoch just around the corner? Read more
Posts Tagged ‘Conde Nast’
Let’s start things off today with a good old fashioned media rumor. Media rumors are different than say, those about celebrities or politics, because media rumors involve just as much speculation, but they’re about someone/something that 97.3 percent of the world doesn’t give a shit about. But hey, we’re a media blog, so here we go: WWD is reporting that Connie Anne Phillips — the former Vogue veteran — might return to Condé Nast.
Apparently Phillips is considering going back because she’s uncertain about the direction of Time Inc., as it prepares to be spun off from Time Warner. The chatter has Phillips, most recently the publisher of InStyle, likely landing at Glamour. In this scenario, Bill Wackermann would be shuffled to some sort of marketing services role.
The main obstacle to Phillips’ return to Condé (if it’s even true that she wants to go back) is her contract with Time Inc., which prohibits her from signing with a competitor for an unknown period. But please, don’t let this stop the rumors.
Jamie Pallot is departing Vanity Fair after two years serving as its executive director of multimedia projects. Pallot had been with Condé Nast for over a decade. During that time he occupied various editorial roles, including editorial director of Condé Nast Digital.
Pallot told WWD that he was leaving because he wanted to begin some new projects. But for now, he said, “There’s a summer house in Sagaponack that’s calling my name.”
Must be nice.
Condé Nast is cutting ties with communications head Patricia Steele. Steele — who had been with the company since late 2011 — was informed the company was letting her go by Patricia Röckenwagner, who joined the company last month.
Steele had served as senior vice president of corporate communications for Condé. According to WWD, her departure is a direct result of a restructuring that was implemented by Jill Bright, the company’s chief administrative officer.
There is no word on if Steele will be replaced, or if Röckenwagner will simply take over her duties.
Condé Nast already has digital video channels for GQ and Glamour, so if you’re a fan of those, we have good news for you: There’s more on their way. WWD reports that channels for Vogue and Wired will launch in the next couple weeks; Vanity Fair’s will debut in June; and by the end of the year, Teen Vogue, epicurious.com and style.com will have their own channels.
The new channels will be much like GQ and Glamour’s, in that they’ll try to emulate TV:
Vogue’s digital channel, to debut shortly after the Costume Institute Gala on Monday, will in all feature ten non-scripted Web series, including behind the scenes footage of events like the Met Ball; a cooking series with the model Elettra Wiedemann; a documentary-style chronicle of designers competing for the CFDA/Vogue Fashion Fund — it is called ‘The Fund’ — and ‘Vogue Jeanius,’ a series on denim trends. Programming on Wired includes ‘Codefellas,’ an animated scripted series and ‘The Window,’ about engineering stories.
Everyone will tell you that the future of the web is video, so this is a smart move by Condé. As with anything though, if the content isn’t good, people won’t care. That’s going to be the challenge: Presenting quality programming. That’s easier said than done, as you can see by checking the cable listings. Lord knows we don’t need another Married to Medicine.
The great Anna Wintour has now been artistic director of Condé Nast for almost a week. When we learned that she was taking on the new role at the publishing house, our first thought was “What the hell does an artistic director even do?” Turns out no one really knows, and that’s unlikely to change anytime soon.
In her first comments to Condé staffers since becoming artistic director, WWD reports that Wintour didn’t shed any light on her new position. She gave boring, brief and general comments about her status, only offering that she would “help editors with their jobs.” The editors surely loved hearing that.
One person who was at the meeting was excited, claiming that ”She’s a good person to have in our corner.” Another, perhaps more accurately, said Wintour’s artistic director title means “She’ll do what she always does, which is what she wants to do.”
Melissa Brecher has been promoted from vice president of marketing and communications of Fairchild Fashion Media (FFM) to chief marketing officer.
Brecher has been with Condé Nast for 12 years. During that time she has been associate publisher of marketing for Lucky magazine and prior to that, director of merchandising and promotion services.
In her new role Brecher will continue to report to Will Schenck, executive vice president, chief revenue officer for FFM.
Condé Nast isn’t moving to One World Trade Center for about a year, but that hasn’t stopped execs from snatching up more downtown real estate.
Crain’s New York reports that the publishing giant is currently negotiating to take over an 80,000 square foot section of 222 Broadway, between Fulton and Ann.
The deal will allow Condé to add more space for a fraction of the cost. The rent at 222 Broadway is about $40 per square foot, while One WTC’s is in the $60-plus range.
Another Friday, another Condé Nast magazine sees its publishing frequency decline. According to WWD, Lucky is going from 12 issues to 10, beginning with its December issue, which will be combined with January. June and July will also be combined.
Last Friday W took a similar route, dropping to 10 issues from a monthly.
Fingers crossed that next Friday is publishing cut back free.
Condé Nast has named Patty Newburger vice president, special projects, a new role at the company. Newburger was most recently senior vice president of Tribeca Enterprises, the company responsible for the Tribeca Film Festival.
At Condé, Newburger will be tasked with finding new branding opportunities and “developing content programming for Condé Nast corporate conferences and events,” according to a release.
“Patty is a brilliant, energetic executive with a proven track record of creating new programs for some of the most exciting companies in the media space,” said Jill Bright, chief administrative officer for Condé, in a statement. “We are thrilled to have her join us at a time when Condé Nast is poised to take the company to new and exciting places.”