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Posts Tagged ‘Michael Wolff’

Morning Media Newsfeed: Leno Set to Launch CNBC Show | NBC Courted Stewart for MTP

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Jay Leno Nears Deal to Launch CNBC Show (THR / The Live Feed)
Jay Leno is lining up his first regular television hosting gig since leaving The Tonight Show in February, and he’s staying in the NBCUniversal family. TVNewser Leno’s new show would air on CNBC in primetime and focus on his longtime love of cars. WSJ / CMO Today A CNBC spokesperson declined to comment. Both NBC and CNBC are units of Comcast Corp. Since he stepped down from The Tonight Show, he has continued to work as a stand-up comic. He is known for his love of automobiles and has a large collection of rare and classic cars. NYT No other details have been released pending completion of the contract, though the executives confirmed the show would not be comedy-based. Leno has been a regular presence on NBC.com with a motor-vehicle-obsessed show called Jay Leno’s Garage. Deadline Hollywood The news comes as the cable business network comes off its lowest-rated quarter of the year in primetime and the lowest-rated quarter in its history in the demo for the business day, 9 a.m.-5 p.m. CNBC has been looking to broaden its primetime slate with reality TV formats. To date, its most successful such bid has been its reruns of ABC’s Mark Burnett-produced Shark Tank.

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Michael Caine and Doris Kearns Goodwin |
All is Forgiven, Michael Wolff

LunchAtMichaelsThe usual suspects who flocked to Michael’s today were so busy tucking into their Cobb salads they didn’t even notice there was a genuine knight in their midst. No, it wasn’t Michael Bloomberg (he’s off at Vanity Fair‘s inaugural New Establishment Summit in San Francisco, as are, I suspect, several other Wednesday regulars). None other than Michael Caine slipped in after the room had filled up to meet agent Boaty Boatwright. I’m not sure, but I think the Academy-Award winner was wearing a Members Only jacket. Oh well, like my mother always said: it’s not what you wear, it’s how you wear it — and Sir. Michael looked pretty damn cool.

Fawn Galli and Diane Clehane

Fawn Galli and Diane Clehane

I was joined today by the fabulously talented and delightfully low-key interior designer Fawn Galli, whose latest project in Cornwall, Connecticut, a historic house with a mix of traditional and contemporary spaces, is the subject of an upcoming profile in Saturday’s edition of The Wall Street Journal. (The story is available online here.) Unlike many of her peers who strive to be as famous (or infamous, depending on who you ask) as their clients, clever, classy Fawn is happy to let her work speak for itself. When I asked her if she’d ever consider doing a reality show, she looked slightly horrified. “I have been approached, but I don’t think I see myself doing that,” she said quietly. Alert the media!

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Michael Wolff: NY Times Should Buy CNN

CNN304x200Michael Wolff has an interesting take on who/what should buy CNN should it ever be up for sale: The New York Times. Well, Wolff wrote that the “most obvious buyer is CBS,” but his runner-up is the Gray Lady.

Before you laugh this off, it’s actually an interesting idea. Wolff says the partnership would benefit both brands. The Times would gain the much needed ad dollars that come with TV. Meanwhile, CNN will finally be seen as a respectable news company if it has to maintain the standards set by the Times.

“In that combination, news, increasingly devolving from platform specificity, takes a major leap forward by creating a quality news company widely distributing its product through all outlets,” explained Wolff. “Television can’t do quality news, but it has great profits. Print still has high news standards, but ever-dwindling profits — so voila!”

Voila! Now let’s make this happen.

Michael Wolff: Time Inc. Brands Attractive to Buyers [Updated]

magazines_articleWriting in USA Today, Michael Wolffwho typically hates everything — finds a few things to love. Namely, Time Inc.’s magazines. He says that many of the company’s brands are attractive to buyers, who still see the value in print.

“While the huffers and puffers tell each other that digital media — with pitiful revenue and significant losses — is the future, print, even as a shadow of its former self, throws off major dough,” explains Wolff.

A snippet of which magazines would go where: Sunset and Southern Living to Meredith; InStyle to Hearst or Condé; Entertainment Weekly to The Hollywood Reporter; Sports Illustrated to ESPN; and Fortune to The Wall Street Journal. As for Time, Wolff claims that it “probably doesn’t have a happy fate.” People would end up a standalone business.

“Print is the hopeless past, but one left with enough cash flow to be somebody’s excellent future,” writes Wolff.

Update (9:38 am):
Edmund Lee, a media reporter for Bloomberg, tweeted the following in response to Wolff’s column: “@MichaelWolffNYC gets some facts wrong on @Time_Inc (PeopleMag had $636m in sales, not $1B) Casts doubt on other $.”

Michael Wolff: Abramson Ouster Due to ‘The Most Elemental Reason’

Good video at the USA Today end from Michael Wolff.

The never-shy media critic offers one of the most succinct summaries we’ve heard yet of why Jill Abramson was let go. He also explains why he thinks the move was abrupt “for a reason.”

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Morning Media Newsfeed: García Márquez Dead at 87 | Whoopi Gets New Gig | Wallace Re-Signs

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Gabriel García Márquez, Nobel Laureate, Dies at 87 (GalleyCat)
Colombian author Gabriel García Márquez passed away Thursday. He was 87 years old. Time The Nobel Prize-winning author was hospitalized for nine days in late March for an infection in his lungs and urinary tract. He had been recovering in his home in Mexico City since April 8. NYT His death was confirmed by Cristóbal Pera, his former editor at Random House. García Márquez, who received the Nobel Prize for Literature in 1982, wrote fiction rooted in a mythical Latin American landscape of his own creation, but his appeal was universal. His books were translated into dozens of languages. He was among a select roster of canonical writers — Dickens, Tolstoy and Hemingway among them — who were embraced both by critics and a mass audience. The Guardian Journalists gathered outside García Márquez’s house in Mexico City in the hope that one of the family members who was reportedly at his side would emerge. Mexican president Enrique Peña Nieto expressed sadness at the death of “one of the greatest writers of our time,” in the name of Mexico, the novelist’s adopted home. Chilean writer Luis Sepúlveda was quoted by the Mexican newspaper Reforma as saying that he was “the most important writer in Spanish of the 20th century.” WSJ Born in the sleepy town of Aracataca, Colombia, García Márquez was best known for his 1967 masterpiece, One Hundred Years of Solitude. In a career spanning more than 60 years, García Márquez wrote some of the Spanish language’s most revered books, many of which became best sellers in the U.S. They included Autumn of The Patriarch, Chronicle of A Death Foretold, Love in The Time of Cholera and The General in His Labyrinth. García Márquez was also an accomplished journalist, whose lyrical, deeply reported stories first caught the eye of readers in Colombia’s capital, Bogotá, in the early 1950s. He later became renowned not only his profiles of presidents and despots but for the real-life close ties he cultivated with leaders ranging from Fidel Castro to Bill Clinton to François Mitterrand.

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Michael Wolff and The Guardian Part Ways

Michael Wolff GMichael Wolff is no longer a columnist for The Guardian. According to Capital New York, the Guardian has ended its contract with Wolff, with no specific reason given for the separation.

Wolff had penned his weekly column for the paper since 2012.

“It has been a longstanding and productive relationship for which we are grateful,” a Guardian spokesperson told Capital. When prodded for the reason the column was cut, the spokesperson added, “It’s time to go our separate ways.”

Wolff is still a Vanity Fair contributing editor and a columnist for British GQ and USA Today, so don’t worry — there’s still plenty of places where Wolff can be grumpy.

Michael Wolff Hates Everything, Volume 7,459

As anyone who follows the media beat knows, Michael Wolff pretty much hates everything, and that’s what makes him sort of fun. He’ll pan anyone and everything having to do with media, no matter who they are or how successful a company has been in the past. Nothing matters, because everything is terrible. Wolff is so grumpy that if given the chance, he’d pen a 2,500 word column on the downfall of ice cream. “The cone strategy is flawed! Sprinkles don’t resonate with today’s youth!”

The latest display of Wolff’s all world hate happened during a talk with Hearst Magazines’ president, David Carey. Here are just some of the people and companies that Wolff blasted, via Digiday:

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Henry Blodget Corrects Michael Wolff

Consider this a very enlightening episode of new media vs. old(er) media.

BlodgettoWolffBanner

Following the publication of Michael Wolff‘s latest op-ed in USA Today, Henry Blodget tried to get the paper to correct several factual errors. He writes that Wolff/USA Today did not contact Business Insider prior to the publication of the piece, but that’s pretty common when the template is op-ed rather than investigative feature journalism.

Faced with a lack of USA Today correction cooperation, Blodget went ahead and noted the Wolff article mistakes at his end. Our favorite correction:

USA Today says that we recently tried to sell our company for $100 million. This is wrong. We were lucky enough to be approached by a company that was kind enough to express interest in buying us and ask what we might be willing to sell for. As nutty as it may sound, this number was significantly higher than $100 million.

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Michael Wolff: Business Insider Should Sell Now

BusinessInsiderLogoMichael Wolff has an opinion on pretty much everything. Does that make him right? No. Does his take matter more than someone else’s? Not really, my friend. But because he talks/writes a lot about media, we end up paying attention. Wolff’s latest target is Business Insider, the business and technology site edited by Henry Blodget. Wolff says it’s time for BI to sell. Before it’s too late.

According to Wolff, BI wants $100 million in cash, and that’s just not going to happen. He says BI should sell for less and do it now, because relying on digital ad dollars to support a business isn’t a good idea:

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