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Posts Tagged ‘Sharon Waxman’

It’s Finke Vs. Waxman In Hollywood Feud

Nikki Finke‘s Deadline.com has sent a cease-and-desist letter to Sharon Waxman‘s TheWrap.com, claiming that TheWrap writers are thieves. The letter accuses TheWrap.com of repurposing Deadline.com’s exclusive content.

As our sister blog FishbowlLA reports, the letter doesn’t mention “any specific instances of intellectual theft,” rather claims a pattern of “widespread, systematic repurposing.”

But, the letter seems to imply, TheWrap has bigger problems:
“While we recognize that TheWrap News Inc. (WNI) is faced with the challenge of constant staff turnover, we strongly recommend that WNI take this problem seriously, investigate TheWrap.com’s journalistic practices, and establish guidelines, checks and balances that will hopefully prevent, not encourage, future infringement.”

Ouch.

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Wrap’s Waxman: ‘Is Anyone Counting What They’re Spending Over There?’

Money
On the (somewhat stale) news that The Hollywood Reporter offered Page Six editor Richard Johnson $1 million to move to THR, The Wrap‘s Sharon Waxman boggles.

“A million bucks? Is anyone counting what they are spending over there? Finkelstein’s new empire is throwing millions around like they’ve figured out how to make them back,” she wrote yesterday.

She takes a couple stabs at what other THR execs are bringing in: If her numbers are at all accurate, THR’s a great place to be the boss.

  • Group publisher Richard Beckman and THR editorial director Janice Min: “near $1 million each, at least.”
  • Associate publisher Michaela Apruzzese: “undoubtedly” making $300,000.
  • Ad sales execs: $200,000, with promises of six-figure bonuses.
  • “Numerous” senior executives are making “high-six-figure” salaries.
  • And, Waxman reports, the publication is spending $2 million on a redesign.

This is a “high-risk” strategy, says Waxman. To us, it certainly looks like the publication is spending money like it’s free–but if it can turn itself around, it’s worth it, right?

Hollywood Reporter Sale Could Be Completed By Tomorrow

hollywoodreporter.jpgRumor has it that Hollywood Reporter and several other entertainment titles could be sold by tomorrow to James Finkelstein‘s News Communications Inc., owner of “Who’s Who” publications, reports Sharon Waxman at The Wrap.

The other titles for sale are Billboard, Adweek, Brandweek and Mediaweek.

Waxman writes that though Nielsen CFO Brian West hinted on an earnings call that “our prime, core, iconic brands—Billboard, THR, etc.” would be remaining with the company, her source says differently, and we could find out by tomorrow.

No word on what Finkelstein plans to do with the titles, but THR, at least, has been running on fumes lately.