In his once relevant Media Ink column, Keith Kelly provides a rather dismal report on the overall health of Newsweek column in today's NY Post. And while its true that the weekly news magazine suffered some pretty significant losses over the last year, Kelly's report ignores both important context and, more importantly, the quarterly trend of profits and losses. Sure, some have predicted their imminent demise, however a complete look at how the last year has gone for Newsweek reveals that rumors of their death are greatly exaggerated. (more...)

Its sort of a perfect metaphor -- Condé Nast is having problems with their digital group and is seeking assistance from the titans of the digital age. However in this instance, they aren't looking for expertise in how to stay viable , they want datalogs from Google and AT&T. Keith Kelly reports in the NY Post Today , that Condé Nast has a hacker problem, and have filed subpoenas to get what they need. (more...)

The 100 buyouts at the New York Times, announced earlier last month, have begun. Keith Kelly reported the other day that 50 unionized newsroom employees would be taking buyouts and the names have been trickling out since yesterday. (more...)

Breaking It's been widely reported that Time Inc. has been planning a rather significant round of lay-offs before the end of the year. The conventional wisdom around New York publishing circles was that the lay-offs would be coming after Thanksgiving. Unfortunately, that does not appear to be the case, as a Time Inc. spokesperson confirmed exclusively to Mediaite: "Yes, sadly there are layoffs today across a number of titles at Time Inc." (more...)

The headline in today's "Media Ink" column: "Condé Nast hires crisis intervention expert" My reaction: Are you freaking KIDDING me? (more...)

There is something vaguely inspiring about Anna Wintour's utter refusal to trim her lifestyle in the face of a industry-wide recession that is promising to spell the end to magazines as we know them. Let others eat cake in the Condé Nast cafeteria and agonize to their heart's content about the McKinsey evaluators, if you need Anna, she will be at the Ritz, thank-you very much. This from Keith Kelly's column in the NYP today: (more...)

The New York Post's inimitable style has delighted New Yorkers for generations. It's no surprise that owner Rupert Murdoch reads the paper regularly, but so do Chris Kattan, Rich Lowry, the president of the Corcoran Group, and the guy from American Psycho. How does the Post do it? (more...)

Keith Kelly reports today that Paris-based Lagardére is in talks with Hearst Corp. about taking over the US operations of fashion Hachette's flagship magazine Elle. He estimates the value of the influential fashion title at $200MM. Elle has recently been cited in the trades as a singular bright spot in an otherwise blighted sector - most recently getting attention for selling more ad pages than Conde Nast rival Vogue. (more...)

Keith Kelly reported in the NY Post yesterday that Fortune magazine is set to embark on that rarely-effective exercise called a "re-design." He went on to report that John Huey, the Editorial Director of Time Inc (and former Managing Editor of Fortune)  had "assembled a high-level SWAT team of in-house and external experts to revamp the biweekly business magazine." (more...)