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Posts Tagged ‘DealBreaker’

Does Andrew Sorkin Get Pageview Bonuses From The Times?


Certain New York media blogs are all puffed with self-righteousness over the news that Dealbreaker‘s Andrew Sorkin made $250k last year, which may or may not have included a bonus that may or may not have been caused by the amount of traffic he was getting, essentially making it a pageview bonus. Which, as these blogs are quick to point out, get shredded by certain traditional journalists as being the downfall to “objective” journalism since it employs a tabloid mentality of “The more people read it, the better it is.” Thus, Octomom, Jon Gosselin, etc, etc. And if The Times is using the same payouts as blogs do, while simultaneously cutting the staffroom and giving huge bonuses to their wunderkind, where’s the fairness there?

But…shouldn’t Sorkin be paid according to the traffic he brings in?

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Team Behind DealBreaker Takes On Accounting Industry

Breaking Media, the publisher of trade blogs DealBreaker, Above The Law and Fashionista, have launched a new venture, Going Concern, an online tabloid for accountants, CFOs and members of the business finance community.

Our colleagues at WebNewser have the scoop:

The company said Going Concern will focus on the “Big Four” accounting firms, smaller accounting firms and chief financial officers from major companies, offering original news and insider analysis. Subject matter will include budgeting and reporting; corporate finance and tax; cost management as a political priority; governance; risk and compliance; and cash management.

Going Concern’s founding editor is Caleb Newquist, a former KPMG auditor and tax accountant and who has blogged about the accounting profession at The 10-Key Tramp since 2008. Editor Departs

1027natalie-hormilla2_fa.jpgNatalie Hormilla is leaving, the fashion site she edited. According to a goodbye email, she has no plans other than “spending a lot of time up in glorious Vermont through the end of summer/fall” and then returning to New York.

Breaking Media, the company that owns Fashionista along with Dealbreaker, Above the Law and Edificial, is seeking Hormilla’s replacement. Associate editor Britt Aboutaleb will helm the site for the near future.

Her farewell email after the jump.

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Carney to Leave Dealbreaker for New Silicon Alley Insider Financial Site

n617462237_981692_3047.jpgFBNY has just been informed that John Carney (known around these parts as our numbers man) will be departing Dealbreaker at the end of the week to launch a new financial news site with the folks that produce Silicon Alley Insider. Carney had this to say via email:

I’m leaving DealBreaker at the end of this week. It’s been a great two-and-a-half year run. I’ve decided to join the team led by Henry Blodget that produces Silicon Alley Insider. I’ll be editing and writing their new financial news site, which is now called ClusterStock (although that may be changing). It will carry on in the tradition of DealBreaker, with a blend of humor, gossip, commentary and breaking news. It’s a new era on Wall Street and I’m headed to a new site to cover it.

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Blogosphere Beats MSM to the Lehman Bros. Punch

dealwll.pngMark down another point for the blogosphere! By now you’ve all seen the stories about the bad things happening at Lehman Bros. (which we will not attempt to explain here). Perhaps you read about it in the NYT this morning. Or maybe if you are, say, a regular reader of Dealbreaker, this story was already old news to you because Dealbreaker reported on it yesterday, a full sixteen hours ahead of the mainstream media. Not bad.

We Want What the Carney’s are Having!

rIpn8Yqi4bhs9dnhycC3AO41_400.jpgWhatever Mr. and Mrs. Carney were feeding their kids it seems to have worked! Via FishbowlDC comes word that Eagle Publishing will continue to publish Robert Novak‘s Evans-Novak Political Report under the leadership of senior reporter Timothy P. Carney. Carney was apparently a protege of Novak’s; in his 2007 memoir Novak described him as “maybe my best political reporter since I began hiring them in 1982.”

For our purposes Carney also happens to be the younger brother of Dealbreaker editor in chief (and sometime FBNY numbers consultant) John Carney. (UPDATE: Apparently, there is another Carney brother, Brian, who’s the on the editorial board of the Wall Street Journal! The NYC water dept. should use the Carney’s for an ad campaign.) We asked John what exactly was in the Carney family cereal that resulted in such illustrious family accomplishments.

We were raised in a bar full of writers called The Lion’s Head, where you were judged not by the principles you held but by your ability to articulate them and defend yourself from criticism. Also we could stay up past bedtime as late as we wanted so long as we were reading.
Words to live by!

DealBook vs. DealBreaker: We All Have Truths, Are Mine the Same as Yours?

Wall-Street-Bull.jpgAs a general rule we tend to steer clear of stories dealing Wall St. or finance because we know next to nothing about either. However, after glancing at the homepage of the New York Times a number of times today it became apparent even to us that things are really bad (right?). So we decided to do a little reading. Along the way, in an effort to figure out what is going on with Fannie and Freddie, and why the WSJ homepage was down, and whether or not a NYTpanic piece” had anything to do with all this — and by the way, if you are expecting any answers no need to read further — we stumbled across a story we did understand! Bloggers arguing with each each other.

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Portfolio–Here, There and Everywhere

CN Portfolio Cover (Small).jpg

Portfolio, Conde Nast’s new business magazine, has officially launched.

Senior writer Amy Wallace (formerly with the LA Times) profiles Relativity Media’s Ryan Kavanaugh, a 32-year-old dealmaker, who gets Wall Street to invest in Hollywood.

Nancy Haas has a piece about Maroon 5′s big bucks backer.

Posh Spice is a fashion brand killer: she makes everything look bad, according to Fashion Inc.

The Culture and Lifestyle section doesn’t grab us, but then, we’re broke.

Job of the Week gives us a designer of doll clothes, and a video game artist.

The website offers the weakest drawings of the blog writers. Are they all really that ugly?

Jeff Jarvis weighs in. He also continues his appreciation of Amanda “Not a Journalist” Congdon.

FKC calls it an exciting new outlet.

Dealbreaker takes some credit.

Celebrity News sniffs at the lack of, well, celebrities.

Jossip is unimpressed, due to the lack of mention of same.