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Posts Tagged ‘Elizabeth Spiers’

The New York Observer to Post a Profit for the First Time

(Via Capital New York)

The New York Observer Media Group, which at one time was rumored to be losing about $5 million a year, is expecting a profit this year. Christopher Barnes, the Observer Media Group’s President, told the New York Post, “We’re expecting a small profit in 2011 and a more substantial one in 2012.”

Apparently the first ever journey into the black is all thanks to the digital push that was ushered in by Jared Kushner, and then mastered by Elizabeth Spiers, the Editor-in-Chief of the New York Observer. Maybe that’s why the Observer is expanding its editorial operations — things are truly going great there.

Of course not everyone is buying Barnes’ rosy outlook.

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The New York Observer is Going National

The New York Observer has decided that our tiny little metropolis is just too small. It wants to spread its wings, and according to Capital New York, it will start doing that soon. Elizabeth Spiers, Editor-in-Chief of the Observer, has been given the go-ahead by Jared Kushner to hire additional editorial staff for a digital spin-off that will focus on national coverage, while the paper will remain specific to Gotham.

A national expansion is a great idea, and the fact that the Observer is even considering it is a testament to Spiers’ skills as an editor. Since taking over the Observer has gained its wit and zing back, as well as enjoyed an online boom — sources say that visits have been up over 80 percent since she took over.

FishbowlNY is excited to see what the future holds for the Observer. Under Spiers’ guidance we’re sure it’ll be great. Plus, if the site goes national, just think of how many more “power lists” they could publish.

Tom Brokaw, Vernon Jordan and the Shy Divorcee

1003_mockup.gifIt was SRO at Michael’s today. The dining room was so jam packed every sqaure inch was occupied by a mogul (Mel Karmazin!), media heavyweight (Tom Brokaw, Jon Meacham, Jeff Zucker), or social swan (divorcee of the moment, Mercedes Bass who moved to the Garden Room with pal Lynn Nesbitt when the decibel level and fabulousness of it all got to be too much).  Just a thought: if you’re looking for a quiet, out of the way lunch spot, you might want to consider going somewhere else on Wednesday.

I was joined today by Forbes‘ new editor, Randall Lane. In his new position, Randall is presiding over familiar territory to him: the lives of the ridiculously rich and ambitious. In a previous life, he was the editor of Trader Monthly which chronicled the age of excess of the Wall Streeter of days gone by.  That experience later provided plenty of fodder for his book, The Zeroes: My Misadventures in the Decade When Wall Street Went Insane. In the interim, he’s been an editor at large for Newsweek and written for The Daily Beast. Having worked with him years ago when he was the editor in chief on the startup Justice, which covered the hot trials and legal issues of the day, I was thrilled when I heard he’d gotten the top job at Forbes back in September.

Randall first worked at Forbes fresh out of college in the nineties and spent six years “chasing rich people” and working on the franchise’s venerated power lists which required (and still do) hundreds of hours of research and manpower. “In some ways, it feels like I never left,” he tells me.

Diane Clehane and Randall Lane
Randall Lane and yours truly

Since taking the helm, Randall has been on a mission to make the book more visually exciting with interesting photography (the arresting cover image of Bill Gates in the “World’s 70 Most Powerful People” issue is a winner), fresh design elements courtesy of the Brooklyn-based shop Athletics, a livelier front of book section and more in-depth profiles on people the Forbes reader wants to know about.  Exhibit A: The cover story in the November 7 issue on Dropbox’s Drew Houston, the 28 year-old mogul who turned down Steve Jobs and is now worth $600 million which drew one million hits on Forbes.com.

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Jared Kushner and Dan Abrams Talk, World Stops Spinning

 

 

 

Late yesterday afternoon, Adweek broke the news that Jared Kushner and Dan Abrams were talking, and the news spread like wildfire. Two big time media moguls discussing deals is certainly news, but maybe not as big as everyone thinks/hopes it will be.

The basis of the talks, according to Abrams, was that he was looking for potential investors in his media properties. Abrams’ talk with Kushner’s brother — who owns Thrive Capital — led to his conversations with Jared. Since that was boring, sources told Adweek and New York magazine that the talks really involved Abrams and Kushner joining forces and each owning a 50 percent share in Abrams Media and The New York Observer. One rumor even had Abrams taking control of the editorial side of the Observer.

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The Commercial Observer Gets New Editor

The Observer Media Group has named Jotham Sederstrom as the Editor of The Commercial Observer, a weekly title that covers the city’s real estate market. Sederstrom has been contributing to the title since it launched in 2009. This experience made him the perfect fit, said New York Observer Editor-in-Chief Elizabeth Spiers.

“He has a great understanding of the real estate industry and we are confident that his talents will contribute to making The Commercial Observer even more of a ‘must-read’ for the real estate community,” added Spiers.

The New York Observer to Launch New Fine Arts Website

The New York Observer is getting into the art game with the launch of a new site, GalleristNY.com. Launching tomorrow, GalleristNY will focus on the city’s art scene, all with the patented Observer delivery.

“The art world, which just a few decades ago comprised, ’4,000 heavily medicated human beings,’ to borrow critic Dave Hickey’s phrase, has grown dramatically in recent years, and is growing still, becoming a multi-billion-dollar industry that stretches around the world,” explained the site’s Editor, Andrew Russeth, via email. “And yet art journalism has not scaled at the same speed. We think people are looking for a serious and yet entertaining take on these far-reaching changes, a public forum that mirrors the industry’s wider changes.”

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The Daily’s Hunter Walker Jumps to New York Observer

Looks like a mediabistro.com reunion of sorts will soon be in order at the offices of the New York Observer.

The paper’s editor-in-chief Elizabeth Spiers, who at one time was editor of our blogs, has hired subsequent FishbowlNY contributor Hunter Walker away from The Daily. Walker, currently based in LA and working closely with former New York Post gossip king Richard Johnson, will relocate to the east coast in October. Per the announcement:

“I’m excited to bring Hunter back to New York to cover politics for NYO,” Ms. Spiers said. “He’s a fantastically versatile reporter and I know he’ll do great things.”

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The New York Observer Changing to Broadsheet

Back in 2007 (random sad fact about 2007: Avril Lavigne’s The Best Damn Thing was the top-selling album worldwide) the New York Observer switched from a broadsheet paper to its current tabloid format.

However, according to the Observer Media Group’s president, Christopher Barnes, the days of the tabloid layout are numbered. The Observer will be switching to a mini-broadsheet layout (like The Wall Street Journal) beginning August 24.

Elizabeth Spiers, the paper’s Editor-in-Chief, said of the change, “We’re keeping the classic Observer design elements but moving to a format that has a bit more of a premium feel.” Some additional details:

The newspaper will be divided into two sections; the second will be focused on fine arts. There will be a full page ad unit on the back cover of the second section and blue chip ads will run in 1/6 page units on pages 2 and 3.

FishbowlNY applauds the move – a mini-broadsheet does have a better look to it than the tabloid format. And don’t worry, the Observer will still be pink. Or salmon. Whatever.

Newest New York Observer Features Fantastic Weiner Cover

This is the cover of today’s New York Observer. Elizabeth Spiers posted it on her Tumblr earlier today. If that’s not a classic, we don’t know what is. Also, recognize that pose?

New York Observer to Get Wordier with Redesign

Tomorrow the New York Observer is launching a redesign, and according to Elizabeth Spiers, it’s going to put the focus on lengthy pieces. She tells The Cutline that the new look paper and website will feature plenty of long stories:

The new design does little to distinguish between long form features that appear in the paper and long-form web exclusives, which we’ll be doing far more of–meaning more long-form altogether, and no assuming that if something runs longer than 500 words, it can only run affixed to a slice of dead tree.

She adds that although there will be long stories on the site, there will be plenty of room in the new system for breaking news.

Apparently there’s going to be something for everyone, so no one complain about it okay? Well, aside from us, that is. It’s our job to complain about trivial media stuff.

You can check out the new version of the paper tomorrow morning.

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