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Posts Tagged ‘Steven Gaydos’

Variety Makes Steven Gaydos a VP

Last week, Variety announced the appointment of three new editors-in-chief – Andrew Wallenstein, Cynthia Littleton and Claudia Eller. Today, the trade has made another big move on the “advertorial” side, promoting executive editor Steven Gaydos to the additional role of VP.

The expanded, double title would seem to reflect that Gaydos has the full confidence of new owner Jay Penske, running a features department where most of the money will be. From this afternoon’s announcement:

Gaydos will oversee all editorial for features, events, creative partnerships, custom publishing and other special projects…

Gaydos has been responsible for nearly 200 reports and related events each year, directing the multi-platform production of territorial surveys, film, TV, digital and music reports, business-oriented personality and corporate profiles. In addition, he created and directed the “10 to Watch” program and oversees various initiatives such as brand’s Impact Lists, Hollywood’s New Leaders, Dealmakers and the Billion Dollar series.

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Variety Cuts Back on Freelance Rates

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This is the email that was just sent out to all the freelancers:

Due to the financial repercussions of the current recession, we are temporarily scaling back on freelance rates for editorial contributions to the features in Variety. As you are probably aware, Variety has recently had substantial staff reductions and other major reductions in costs in order to weather the economic crisis that is affecting virtually all businesses and which is especially acute in the media sector. As of April 1, our $.75 per word rate is now changed to $.50. This will be the rate in effect until further notice.

Steven Gaydos

We’re sure this just means that the stories are a third longer. Right?

At least they’re upfront about it. Good for you, Gaydos.

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