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Posts Tagged ‘Penthouse’

Morning Media Newsfeed: Gibbs Helms Time | Fox News Shuffles Lineup | Penthouse Reeling


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Time Magazine Names Its First Female Managing Editor (NYT)
Nancy Gibbs was named the new managing editor of Time magazine on Tuesday, the first woman to become the top editor at the newsweekly in its 90-year history. Gibbs, who started at Time as a fact-checker 28 years ago, succeeds Richard Stengel, who is leaving to work for the State Department after seven years in the job. She was most recently Stengel’s deputy. The Wrap “I cannot think of a more perfect person than Nancy Gibbs to lead Time,” said Time, Inc. editor-in-chief Martha Nelson. “With Nancy at the helm, I expect Time to continue to flourish and grow on every platform.” WWD Gibbs’ first order of business, she said in an interview following her appointment, is a relaunch of Time.com in November that she said prepares it to fight off the competition. In the context of describing the new site, which is led by Edward Felsenthal, formerly of The Daily Beast, Gibbs also mounted a defense of the relevance of the weekly. Adweek While Gibbs said that she was more than content as a writer — and plans to continue writing, both for the magazine and books, as managing editor — the opportunity to play a larger role at Time was hard to turn down. FishbowlNY Gibbs was previously deputy managing editor and ranks as one of the most published writers in Time‘s history. She also holds the distinction of having written the most Time cover stories and has co-authored, with colleague Michael Duffy, the presidential histories The President’s Club: Inside the World’s Most Exclusive Fraternity (2012) and The Preacher and the Presidents: Billy Graham in the White House (2007). Time Gibbs: “I am committed to using every new tool — and those not yet invented — to engage readers in a conversation with the world’s best thinkers about what works, what’s smart, what’s scary, what’s stirring, and I will always invite you to help us, challenge us, correct us, join us.”

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Penthouse Publisher Files for Bankruptcy

FriendFinder Networks, publisher of the literary mag Penthouse, has filed for Chapter 11 bankruptcy. In a court filing, the company — which also owns the platonic friendship site adultfriendfinder.com — listed estimated liabilities of $500 million to $1 billion.

Meanwhile, assets for FriendFinder Networks were listed as $10 million plus a lot of men who enjoy looking at pictures of naked ladies.

“Despite continuing member interest and high volume traffic, the debtors did not make certain payments to the holders of existing first lien notes and cash pay second lien notes which constituted a default under their respective indentures,” FriendFinder said in its filing.

Penthouse Mag Founder Bob Guccione Dead At 79

Bob Guccione, the founder and publisher of Penthouse magazine, died Wednesday in Plano, Texas after a long battle with lung cancer.

Brooklyn-born Guccione began Penthouse while living in England in 1965. He brought the mag to America in 1969, and eventually grew it into a media empire. Penthouse magazine provided a raunchy alternative to Playboy, showing pubic hair at a time when doing so was considered obscene.

Guccione went on to launch other magazines, including Omni, Longevity, and Viva. Notably, it was at Viva that Anna Wintour had her first job as a fashion editor.
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Another WaPo-er Joins HuffPo|Fox News Producter Sentenced To 10 Years For Kiddie Porn|Penthouse Turns 40|Entrepreneur Writer Tells All

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WebNewser: The Washington Post‘s national reporter Jose Antonio Vargas joined The Huffington Post as technology and innovations editor.

TVNewser: Former Fox News producer Aaron Bruns was sentenced to 10 years in prison today for possession of child pornography.

FishbowlLA: Penthouse celebrates its 40th anniversary with a collector’s edition mag.

Altangeles: Dennis Romero, a former writer for Entrepreneur magazine, has the final word.

Food Network Magazine Beefs Up Staff

image004.jpgIt looks like there is at least one magazine in New York that is not cutting back staff. In fact, new magazine Food Network Magazine is actually promoting current staff and bringing on new hires.

Despite being introduced in the midst of the great magazine die off last year with two newsstand-only test issues in October 2008 and January 2009, Food Network is thriving. The magazine, which recently announced a huge rate base increase, revealed some staff promotions and new hires today on both the edit and business sides.

Editor-in-chief Maile Carpenter is promoting features editor Tracy Saelinger to deputy editor and moving senior editor Liz Sgroi up to food editor. In addition, two new senior editors are being brought on board: Mary Kate McGrath — former design market editor at InStyle — and Jonathan Stern – formerly of Joshspear.com, Stuff magazine and Penthouse.

Read on to learn more about Food Network‘s staffing changes and the state of some other culinary magazines.

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