Posts Tagged ‘Michael Wolff’
That’s right. After all the rumors and the denying of rumors, it is now official: Michael Wolff is out at Adweek. The magazine is reporting that Jim Cooper, the Executive Editor, will oversee operations effective immediately. It appears that Wolff decided to leave, judging from his tweet (“Long goodbye done“) and his comment:
I’ve had a fantastic time at Adweek. It’s been my privilege to be part of the brilliant transformation of the magazine and site. I can’t rave enough about Adweek’s remarkable staff. I am sad to leave but sure the talent here will continue to do great things. I’m grateful to everybody at Prometheus for giving me this opportunity and this wonderful year.
In a letter to readers, Cooper said that Adweek will remain largely the same, though the overt mention of “the industry” does make us wonder if the magazine is headed back to its roots:
Now, six months into its re-launch, as media, advertising and marketing continue to experience rapid and exciting transformation, Adweek is well positioned to continue to be the leading news brand in the space. We will continue to be fast to break news, analyze that news with authority and allow the industry’s voice to be heard through the magazine’s pages and Adweek.com.
Here’s a look at what FishbowlNY stories made the most buzz this week.
- Breaking: Jim Watkins Fired From WPIX, September 30
- Jill Nicolini Welcomed in Her WNYW Debut, October 3
- With Jim Watkins Out at WPIX, Kaity Tong Takes Weekends, September 30
- Fortune Lists 50 Most Popular Women in Business, September 30
- WABC/Channel 7 Moves on Without Gil Noble, Like It Is, October 3
- The Economist to Host a Trivia Night, October 3
- Michael Wolff is Not Being Fired After All, October 4
- An Addition to the WCBS/Channel 2 Weather Team, October 4
Keep up-to-date with the latest FishbowlNY news. Click here to sign-up for the FishbowlNY daily newsletter, bringing you our articles each afternoon directly to your inbox.
Last Friday we told you that Adweek’s Michael Wolff wasn’t getting fired even though there were lots of rumors swirling that he was. Well now that the “Wolff is dead” gossip has dissipated, WWD has started a new one: Wolff isn’t being fired, but now he might quit!
An “insider” told WWD, “Michael talked to Jimmy [Finkelstein]. Jimmy said he is not firing Michael and is confident they can work out their differences. Michael seems less confident.” Dun dun dun!
The story — that Finkelstein wants Adweek to go back to its roots and Wolff wants the title to explore more — remains the same, and Wolff has never mentioned wanting to leave, but hell, why not start up another rumor? It’s certainly more exciting than the truth.
It turns out that the rumors of Michael Wolff‘s demise have been greatly exaggerated. PaidContent reports that Jimmy Finkelstein, the Chairman of Adweek’s parent company, Prometheus — and supposedly the main guy behind the push to fire Wolff — supports the controversial editor.
“Michael’s name is still on the masthead,” said Finkelstein. “He’s not being fired. If I were going to fire someone, it would not be in the pages of the magazine or a news site. We do have differences, but we’re working through them to continue to build Adweek.” Finkelstein even praised Wolff for helping boost Adweek.com’s traffic since the redesign.
So basically everything that was rumored to have happened ended up not being true. And Wolff had to sit through all of it. There really is no rest for the weary.
The New York Post has some more gossip regarding Michael Wolff and Adweek. Apparently one of the magazine’s investors, Jimmy Finkelstein, is leading the charge to get rid of Wolff, so much so that even Wolff is expecting to be fired soon. Finkelstein is looking to return Adweek to its advertising roots, so word is he’s looking directly at Ad Age — Adweek’s biggest rival — for Wolff’s replacement.
Wolff is still scheduled to speak at a number of events starting on Monday (which, cruelly, is his one year anniversary at Adweek) for Advertising Week, so perhaps he’ll be around for a little bit longer.
There’s also some buzz that Wolff might not be the only one getting the axe. Adweek’s Publisher, Erica Bartman, is getting flak for ad sales dropping after the redesign launched.
Happy Friday everyone?
When Wolff joined Adweek — only a little under a year ago — he brought about sweeping changes. The magazine was redesigned and the website was revamped, all with more of a media centric outlook. In May, Wolff sat down with MediaBeat to discuss this new direction.
While those changes certainly brought plenty of attention to Adweek (and Wolff), they seem to have run their course at the company. We’re not worried about Wolff. We’re sure we’ll be hearing about him for as long as there’s media to report on.
- GalleyCat: Archie comics is going to feature a gay wedding in an upcoming issue. There are already reports that at least five of the comic’s 17 fans are outraged.
- AgencySpy: It has been about a month since the last one, so here is another rumor about Michael Wolff being canned at Adweek soon.
- FishbowlLA: Hoping to cash in on the Kim Kardashian Effect, The LA Times abandoned all integrity and just put the sisters every possible place it could.
Everything Rupert Murdoch is in vogue right now. Profiles in magazines, TV talking heads examining his health, Rupert Bobblehead Night – if you’ve got something about News Corp.’s man, you’ve most likely got yourself a hit. So it’s no surprise that Vanity Fair’s second e-book ever takes an in-depth look at the man.
Rupert Murdoch: The Master Mogul of Fleet Street, takes 20 selected pieces from the pages of Vanity Fair and puts them in one, tiny electronic place (it’s available on the Kindle or Nook).
Michael Wolff might hate The Daily, but according to its Publisher, Greg Clayman, there are close to one million people who like it. Well, okay, one million downloads doesn’t mean one million people, but still, it’s a landmark achievement for the iPad newspaper.
Techcrunch reports that The Daily is doing well financially as well:
When asked by editor Erick Schonfeld whether or not the iPad app was doing well, Clayman revealed that it has been downloaded close to a million times, in the sixty days since its launch on February 2nd. ‘This puts us in the large pantheon of large news apps … We are consistently now in the top grossing apps, in the top ten or top twelve. Today we’re number three,’ Clayman said.
We patiently await Wolff’s rebuttal.