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Posts Tagged ‘Jeffrey Bewkes’

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White House Launches Probe Into CIA Station Chief Disclosure (Politico)
The White House has launched an investigation into how the name of the CIA’s station chief in Afghanistan was released to the press Sunday during President Barack Obama’s surprise visit to U.S. troops there, officials said. TVNewser White House counsel Neil Eggleston will oversee the investigation. FishbowlDC On Sunday as President Obama spoke at Bagram Air Base in Afghanistan, a pool report sent to upwards of 6,000 journalists included the name of a CIA station chief in the country, as one of many briefing the President during his visit. HuffPost The Washington Post’s Scott Wilson, who wrote the pool report, had received the list from White House officials. Wilson included the list as part of a pool report from Obama’s visit to Afghanistan that was distributed Saturday by the White House press office, which later sent out a revised version not including the station chief’s name. Despite the pool report appearing in thousands of inboxes, all major news outlets have continued to withhold the covert agent’s name at the government’s request. Time The CIA official operates under a cover, though their identity is known to the Afghan government. The release of the name is not only a faux pas in intelligence circles, but could jeopardize the CIA officer’s career and safety.

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Details Emerge on Meredith’s Time Inc. Purchase

The New York Times has shed some light on the inner workings of Meredith’s attempt to purchase most of Time Inc.’s magazines. If the deal goes through the titles, along with Meredith glossies, would go under a separate, new entity. That company would then “borrow money to pay a one-time dividend back to Time Warner, essentially turning what appears to be a corporate spinoff into a sale.” The pricetag? About $1.75 billion.

As has been repeatedly mentioned, Time Warner would keep Time, SI and Fortune. The reasons behind that vary. One source told the Times that Meredith simply doesn’t want those magazines because they’re a money pit. Another said that Jeffrey Bewkes, CEO of Time Warner, wants to keep Time and the others because it’s better to just keep the magazines than to sell them at such a low price.

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Uncertainty at Time Inc. Leaves Some Worried

Despite rumors popping up every now and then, Time Inc. is still without a CEO nine months after Jack Griffin was fired. And since Jeffrey Bewkes said in July that none of the current trio is in line to take the top position, some staffers at Time Inc. are starting to get a little nervous about the void hurting the company in the long run.

The New York Post reports that the concerns center on the lack of a direction in the digital realm, and the worry that top level people will leave, or others will simply stay away. One insider explained, “Who is going to want to work for a company if it is not clear who your boss is or who your boss’s boss is going to be?”

The complaints are all valid, and it only puts more pressure on whoever is eventually tapped to take over. We wish that mystery person luck, because they’re definitely going to need it.

Time Warner Might Leave Manhattan

Time Warner Inc. is searching for a new home. According to Crain’s the New York Times, the company wants to shrink its considerable office space and has begun asking New York, Connecticut and New Jersey officials about the incentives it could get if it moved.

Last week, Jeffrey Bewkes, the CEO of the tiny, cash-strapped mom and pop organization, told the New York Times that merely reducing its physical size could save the company about $150 million.

According to Crain’s, a spokesperson for Time Warner wouldn’t comment about subsidies, only stating that the company has “just begun this process of looking at our real estate footprint and what possibilities we have for the future.”

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CEO Pay Increases 11 Percent

The rich keep getting richer. And richer, and richer and richer. The Wall Street Journal reports today that executives at the biggest companies in the United States saw their wallets get fatter by an average of 11 percent. The highest paid CEO is Philippe P. Dauman of Viacom, who made $84 .3 million last year.

The survey took into account stock, salary, and bonuses for execs at 350 companies. The biggest boost came via bonuses, which rose almost 20 percent.

Media execs did well, grabbing four out of the top ten spots. In addition to Dauman, Leslie Moonves at CBS, Robert Iger at Disney, and Jeffrey Bewkes of Time Warner round out that group. Rupert Murdoch came in at 52nd, raking in a measly $16.5 million. Just pathetic.

From News Corp. To Time Warner: Gary Ginsberg’s Got A New Gig

gary-ginsberg_news_corp_evp.jpg

That would be speculation from The New York Post (update: just confirmed by The New York Times), which announced that former EVP of global marketing and affairs for Rupert Murdoch‘s News Corp., Gary Ginsberg, will be taking on a similar role at Time Warner, reporting directly to CEO Jeffrey Bewkes. Ginsberg’s arrival would coincide with the departure of Time Warner’s heavy-hitter communications guy Ed Adler last week, though sources at the media conglomerate are quick to point out that these two events are entirely unrelated.

Read More: Update: Ginsberg to Join Time Warner — New York Times, Exclusive: Time Warner’s Bewkes taps ex-News Corp. exec Ginsberg as senior adviser

Inside The Time 100 Party

America Ferrera and John Mayer

It’s arguably the most exclusive magazine party of the year. (Graydon Carter‘s Vanity’s Fair Oscar party perhaps being the other.) John Edwards mingled with John Mayer. Sir Richard Branson (just back from dogsledding in Alaska) commandeered the corner of the bar like a Virgin spaceship, and allowed Henry Kissinger to ride co-pilot. Craigslist’s Craig Newmark chatted up Wikipedia’s Jimmy Wales. New England Patriots coach Bill Belichick walked through the cocktail hour unrecognized. Michael J. Fox, too, virtually unnoticed, chatted with Elizabeth Vargas near the glass window overlooking Central Park. Arianna Huffington was noticed. (Line uttered in every pre-dinner conversation: “Is that someone? It looks like someone, I don’t know … do you?”)

Time Warner execs — like Richard Parsons and Jeffrey Bewkes — buzzed along the edges as the usual media-on-media action (including Ad Age‘s Nat Ives, WWD‘s Stephanie Smith, Jossip’s David Hauslaib, New York mag’s Jesse Oxfeld, Gawker’s Lockhart Steele and Doree Shafrir, ETP’s Rachel Sklar, Glynnis MacNicol, Julia Allison, Radar‘s Jeff Bercovici, NYO‘s Michael Calderone) made nice use of the open bar.

But as much firepower as there was at last night’s Time 100 party at Jazz at Lincoln Center, just 36 of the 100 to make 2007′s “most influential people in the world” list made it, and there were plenty of notable no-shows: No Obama. No Borat. No Queen of England. Rosie. No Leo. No Gore. No Timberlake. No Tyra.

But impassioned speeches — delivered over dinner by Elizabeth Edwards, Brian Williams, Bloomberg (with an ode to late Boston Celtics’ exec Red Auerbach — huh?) Branson and others — and a three-song set by Mayer more than made up for the relative lack of A-listers.

Others spotted during cocktail hour: Cate Blanchett, Mayor Bloomberg, Queen Rania Al-Abdullah of Jordan, Simon Fuller, Charlie Rose, Tina Fey, Mario Cuomo, Martha Stewart, Brian Grazer, Gayle King (no Oprah), Matt Lauer, Chris Matthews, Brian Williams, Ziyi Zhang, Police Commisioner Ray Kelly, Suzanne Vega, Harvey Weinstein, David Lauren and Lauren Bush.

FishbowlNY’s Coverage Of Last Year’s Time 100:

  • Inside the Time 100 Party
  • Diddy’s Time 100 Posse Bigger Than Most Posses
  • Time 100: The Most Influential People in the Room

    More photos:

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