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Posts Tagged ‘Dick Parsons’

Lunch: Power Blondes Rule! Katie Couric, Tina Brown and Barbara Walters Hold Court

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— DIANE CLEHANE

Today at Michael’s, they were dishing like it was 2007. As if the head-spinning assortment of media alpha gals (Katie! Tina! Barbara!) wasn’t enough to keep us busy, the dining room, bar and lounge was jam-packed with mavens and moguls of all stripes who barely made time to peck at their Cobb salads between all the table-hopping. It was hard to keep up! I made my rounds in the dining room to check in with the regulars, and all anyone wanted to know was ‘Who else is here today?’ (I’ve always thought this place was just like a high school cafeteria, but with better clothes.) Plenty of heads turned when Katie Couric breezed in sporting a chic, shorter ‘do and a pretty polka dot summer dress. The woman sitting next to me whispered, “She looks 35!” We have to agree. I caught Katie on her way to her table just long enough to ask what she has planned for her summer vacation next month. No trips to Wasilla for the CBS News’ anchor: “I’m going to the beach with my daughters to enjoy my time with them before Ellie goes off to college!”

Here’s the rundown on today’s crowd:

1. Katie Couric, Lifetime’s CEO Andrea Wong, Deborah Roberts, Sherrie Westin and Cynthia McFadden

2. Jeanine Pirro with publicist Adam Schiff and an unidentified bespectacled gal. I hadn’t talked to Jeanine since I profiled her for Westchester magazine last fall on the eve of the premiere of her show, Judge Jeanine. With one season under her robe, Jeanine is thrilled — “We’re in syndication now!” Life must be pretty good for the former Westchester DA — she was tan and dressed to the nines, toting a gorgeous alligator bag.

3. The ladies who lunch: Somers Farkas (in Pucci) with three other social swans

4. Barbara Walters and Diana Taylor

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Sun Valley Media Mogul Report

Ron Mwangaguhunga reports:

It’s July, so that means that the chattering class big guns are out and about in Sun Valley, Idaho, at investment banker Herb Allen‘s mogul retreat for a little “deep think” interspersed with rounds of golf. There is always, lurking in the green, the possible dramatic tension of the merger-subplot-scenario. Heather Godchild, chief media analyst at Standard and Poor’s credit rating service, told the Seattle Times: “Bucolic it may be, but this is a chessboard. You’ve got major, major players there thinking through some big questions.”

Much of the reporting coming out of Sun Valley appears to revolve around four themes:

  • 1. Rupert Murdoch Watching, which is a form of media-driven spectator sport involving the parsing of Mr. Murdoch’s every utterance for a cue as to when — or if — there will be a satisfying resolution to the $60-a-share deal for Dow Jones
  • 2. What is the future of media distribution?
  • 3. What will be the effect of private equity on the media entertainment industry?
  • 4. No one can get enough of Facebook, which most recently has been featured in both Time and Howie Kurtz‘s Reliable Sources last Sunday.

    The runner-up?

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  • Partying With The King

    King and his wife flank the Trumps

    The short hallway between the “Pool Room” and bar acted as a sort of cosmic, generational media portal last night at the Four Seasons, where a pair of cocktail parties — one celebrating Larry King‘s 50 years in broadcasting (a.k.a the “old people room”), the other celebrating the New York Observer‘s redesigned paper and Web site (a.k.a the “kids room”) — were in full, boozy, media-centric swing.

    In the “Old People Room”: King and his television and famous New York pals, like Joan Rivers, Donald and Melania Trump, the View‘s Barbara Walters (at one point Trump and Walters were just feet from each other, but didn’t appear to acknowledge each other) and Joy Behar, Campbell Brown, Mario Cuomo, Lou Dobbs, Phil Donahue and Marlo Thomas, Tina Brown, Jeff Greenfield, Ron Howard, Time Inc. managing editor Jim Kelly, Keith Kelly, Ray Kelly, Oprah B.F.F. Gayle King, Calvin Klein, Time Warner chief Dick Parsons, Sandra Bernhard, Jerry Stiller, Arliss actor Robert Wuhl, Mort Zuckerman, American Morning‘s newly-installed Kiran Chetry, Glenn Beck, Montel Williams, James Carville, Tom Wolfe, Andy Rooney and artist Peter Max, whose colorful rendering of King served as the room’s centerpiece.

    In the “Kids Room”: 23-year-old Observer owner Jared Kushner held court with twentysomething bloggers and their youthful bosses, like Gawker’s Choire Sicha, Radar‘s Jeff Bercovici and Maer Roshan, Page Six‘s Corynne Steindler, Slate‘s Jacob Weisberg, Domino‘s Deborah Needleman, WWD‘s Irin Carmon, and HuffPo’s Julia Allison, Katharine Thomson and Rachel Sklar. Fittingly, Trump’s daughter, Ivanka, chose the Observer party over King’s.

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    Official: Bonnier Wins Time Inc. Bid, Joins New York Publishing World

    time_strange_internet.jpgUnofficial word came late yesterday, and Time Inc. just announced that Stockholm-based Bonnier is the winner in the prolonged sweepstakes for 18 magazines on the block since last fall.

    The price, according to a source familiar with the negotiations, is said to be around $200 million, less than the $300 million Time Inc. had initially sought.

    Some key soundbites:

  • Time Warner CEO Dick Parsons: “This is a smart transaction that advances both the interests of our shareholders and Time Inc.’s future success. This sale and our other recent divestitures are enabling us to concentrate our resources on developing our most strategic and promising opportunities to grow our businesses.”

  • Time Inc. CEO Ann Moore: “I am very pleased to have found the right buyer for The Parenting Group and Time4 Media, one that will be able to nurture their specialized titles. This transaction underscores Time Inc.’s commitment to focus our energy, resources and investment on our biggest and most profitable brands. I’d also like to welcome Bonnier to the New York publishing world, which continues to be an active and vibrant industry.”
  • Bonnier Magazine Group chair Jonas Bonnier: “We are extremely pleased to have reached an agreement that elevates Bonnier to the highest echelon of consumer publishers nationwide. The potential synergies between the new properties and World’s existing titles — as well as the corporate and individual growth that it will lead to — makes the future bright for all of us.”
  • The full release:

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