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Posts Tagged ‘Star-Ledger’

Bruce Wasserstein Died At 61 | Vogue Layoffs | NYT Won’t Sell Boston Globe | A Look At Jersey’s Papers

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Wall Street Journal: Lazard CEO and New York magazine owner Bruce Wasserstein has died at age 61, after being hospitalized Sunday with an irregular heartbeat.

All Things Digital: More cuts at Conde: Vogue lays off “at least six people”.

Boston.com: The New York Times has announced that it will not sell The Boston Globe.

New York Observer: A closer look at the cuts that have plagued New Jersey newspapers like the Star-Ledger, this year. “When this round of cuts is finished, The Star-Ledger‘s staff will be half the size of what it was a year ago, but at least it will still have a bustling office. The Record, on the other hand, has existed essentially without a home base for over a year—reporters can drop into an office when they want, but they’re encouraged to stay out on the streets. Meanwhile, The New York Times killed its New Jersey section and cleared out its bureaus.”

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Reporter Who Left Journalism Returns|TV Guide Shrinks|Carine Roitfeld’s Movie Dreams|WSJ Wins Softball Title|Good Housekeeping‘s Green Seal Investigated

New York Times: Thomas Moran, a Star-Ledger politics columnist who left journalism to become policy director at PSE&G, has returned to his old gig.

New York Post: TV Guide is planning to cut its rate base from 2.9 million to 2 million.

WWD: Vogue Paris editor Carine Roitfeld says that were she to leave the magazine, she would like to do “a well-made film about fashion.”

CelebStoner: The Wall Street Journal clinched the New York Media Softball League title yesterday, defeating BusinessWeek.

Slate: The truth behind Good Housekeeping‘s Green Seal.

Trying To Find A Business Model That Works

IMG_1821 - Version 2.jpgLast night’s panel produced by Mediabistro.com and sponsored by Demand Studios focused on finding a business model for news on the Web but — like most panels of its kind — no real conclusions were reached.

The panel was moderated by BusinessWeek columnist Jon Fine, and featured (in photo from left to right) “rogue girl blogger” Maegan Carberry, NYU professor Jay Rosen, Mediaite.com Editor at Large Rachel Sklar and NewJerseyNewsroom.com‘s Matt Romanoski.

Moderator Fine started the panel off with some scary statics — comparing the amount of ad sales money generated by the New York Times versus the Huffington Post. The Times made over $1 billion in ad revenue last year. he said. How can an online media company compete with that?

Some suggestions were tossed around, including asking readers to pay for content. Sklar suggested that media companies should make it easy for readers to purchase access to information, replicating the “buy” button on Amazon.com or iTunes that is connected to saved credit card information. She also suggested charging for “freemium” or extra content, and said she wouldn’t mind paying a few dollars a month to use Twitter, Flickr or YouTube.

“I wouldn’t mind paying for Twitter because they I would own my Tweets if anything ever went wrong,” she said.

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Web Journalists To Debate Business Model At Upcoming Mediabistro Panel

keyboard.jpgNext week, mediabistro will be hosting a panel that will discuss how social media is changing the face of journalism, whether an online business model is on the horizon and what that business model may look like.

We suspect this panel, moderated by BusinessWeek media columnist Jon Fine, will be similar to last week’s Reuters <a href="panel or this week’s Gotham Media panel about the media in crisis. However, while Reuters and Gotham Media offered insight from “old media” editors like Lawrence Ingrassia from The New York Times, the Financial TimesChrystia Freeland and Andrew Edgecliff-Johnson and Air America‘s Bennett Zier, next week’s panel will have a distinctive point of view from panelists with vast online experience including NYU journalism professor and blogger Jay Rosen, Mediaite.com Editor at Large Rachel Sklar, blogger Maeghan Carberry and former Star-Ledger staffer Matt Romanoski, who helped found NewJerseyNewsroom.com.

In the hopes of learning a little bit more about what this panel will focus on, we picked moderator Fine’s brain for a bit. “There isn’t an answer,” Fine said of the ever elusive online business model question for media companies. “But if you can get people to pay for something you’re in good shape.”

Expect panelists to wrestle with this conundrum, offer suggestions and advice and describe their own experiences. It all goes down July 16.

(Photo via flickr)

Lawsuit Alleges New York Observer Benefitting From ‘Diverted’ Real Estate Money

11observer600.1.jpgWe’ve mentioned before that in all the recent news about layoffs and foldings the New York Observer has been noticeably absent. When publisher Jared Kushner spoke to the Guardian recently, he expressed his concern about the future of the industry as a whole, but seemingly less concerned over the future of the NYO. The New Jersey Star-Ledger may have discovered why!

The paper is reporting that money from a “complicated” Manhattan real estate deal — namely the $1.8 billion purchase by Kushner Cos. of 666 5th Ave by — was wrongfully diverted by Charles Kushner (Jared’s father) to fund the New York Observer. Also! Gov. James McGreevey‘s ex live-in lover is maybe involved.

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